Optimizing Rosser Inns’ Leadership
Optimizing Rosser Inns’ Leadership
(Optimizing Rosser Inns’ Leadership)
key contributing roles in the supply chain
For this assignment, analyze the situation at the Rosser Inns and present a recommendation for reorganizing the responsibilities of running the business. In this recommendation be sure to include not only what needs to be done to correct the situation but also state why you made this recommendation. Based on your analysis of their current situation, write a paper that is a minimum of 4 pages that does the following:
- Describe in detail the current situation at the Rosser Inns
- Research descriptions of the following job functions: CEO, CFO, and Director of Purchasing. Remember you are presenting to an elderly lady so keep your target audience in mind when constructing these descriptions. Make sure to cite your outside sources correctly.
- Who would you recommend be appointed as CEO? CFO? Director of Purchasing? Should these positions be filled by members of the Rosser family or should an external candidate be recruited? Be sure to include your reasoning for these changes so the various viewpoints in this scenario have been addressed
A draft.
Title: Optimizing Roles for Success at Rosser Inns
Introduction
Rosser Inns faces operational inefficiencies and leadership challenges that hinder its potential for growth and stability. This paper analyzes the current situation, provides descriptions of critical job functions, and recommends a strategic reorganization of roles, emphasizing the necessity of balanced leadership to ensure long-term success.
Current Situation at Rosser Inns
Rosser Inns is a family-owned business currently struggling with unclear leadership roles, ineffective decision-making, and inadequate delegation of responsibilities. The family-centric management has led to overlapping duties, personal conflicts, and suboptimal operational oversight. The lack of professional expertise in key areas such as finance, purchasing, and strategic planning has further compounded these challenges. Stakeholders are deeply invested in the business’s success but lack the guidance necessary to move forward effectively.
Descriptions of Key Job Functions
- Chief Executive Officer (CEO)
- The CEO is responsible for setting the overall strategic vision, ensuring alignment with the company’s mission, and overseeing all departments’ operations. The CEO acts as the primary decision-maker and spokesperson, focusing on long-term goals and stakeholder relationships.
- Key Responsibilities: Strategic planning, leadership development, organizational growth, and ensuring operational excellence.
- Chief Financial Officer (CFO)
- The CFO oversees the financial health of the organization, manages budgets, tracks expenditures, and ensures compliance with financial regulations. This role involves both strategic financial planning and day-to-day financial management.
- Key Responsibilities: Financial reporting, investment decisions, risk management, and maintaining the company’s financial stability.
- Director of Purchasing
- The Director of Purchasing manages vendor relationships, negotiates contracts, and ensures the timely procurement of quality goods and services at cost-effective rates. This role directly impacts operational efficiency and customer satisfaction.
- Key Responsibilities: Supply chain optimization, contract negotiation, and inventory management.
Recommendations for Leadership Appointments
- CEO: External Candidate
- Recommendation: Appoint an experienced external candidate to the CEO position. This individual should have a proven track record in the hospitality industry and expertise in managing family-owned businesses.
- Rationale: A fresh perspective can provide unbiased leadership, resolve familial conflicts, and prioritize professional decisions for the company’s growth.
- CFO: Internal Family Member with Expertise
- Recommendation: Assign the CFO role to a family member with a financial background or interest in the company’s fiscal matters. If no qualified family member is available, recruit an external candidate.
- Rationale: A family member ensures trust and commitment while maintaining transparency in financial operations. If no one is suitable, an external expert ensures professionalism and reduces potential errors.
- Director of Purchasing: External Candidate
- Recommendation: Hire a seasoned professional for the Director of Purchasing role. This individual should possess extensive knowledge of supply chain management and vendor negotiations.
- Rationale: Professionalizing this role enhances operational efficiency and reduces costs, benefiting the company overall.
Reasons for These Recommendations
- Separation of Family and Business Interests: Professionalizing key roles ensures decisions are made objectively, balancing family interests with business needs.
- Enhancing Operational Efficiency: Experienced individuals bring industry expertise and proven methodologies to streamline processes.
- Ensuring Long-Term Sustainability: These changes position Rosser Inns for growth, mitigating risks associated with family-led mismanagement.
Conclusion
Rosser Inns has the potential to thrive with the right leadership in place. By appointing a professional CEO, a financially savvy CFO, and an experienced Director of Purchasing, the business can overcome its current challenges and achieve sustained growth. These recommendations balancefamily involvement with professional expertise, ensuring both the company’s and the family’s long-term interests are secured.
References
(Include properly formatted APA citations for the sources used to describe the roles and justify the recommendations.)
