Final Case Exam. Flip Factory, Inc. Case Study Report

Flip Factory, Inc. Case Study Report
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Flip Factory, Inc. Case Study Report
Main Issues
The flip factory has reported an excellent track record in customer maintenance, employee retaining, and improvement in revenue generations. However, the founder, Traviss, has several decisions to make at the moment. Traviss is looking forward to attaining a proper work-life balance (Grogaard, 2016). However, this does not seem to be a reality for her at the moment because she is so much committed to the organization’s work. Additionally, she is yet to decide whether to focus on the organization’s expansion or if it the right time to work on improving the organization’s efficiency and not expand the business anymore (Grogaard, 2016). These challenges are faced by nearly every founder and manager of the corporation. Still, the critical thing to note is which step to make so that the organization can maintain its competitive advantage (Grogaard, 2016). In this section of the Flip Factor’s report, critical issues about the organization are discussed. It is argued that for Flip Factory Inc. to consider itself financially successful, it must achieve revenue growth of forty percent by the year 2016, and the recommendations in this report would help her enjoy an excellent work-life balance and have a prosperous organization.
The first main issue that Flip Factory Inc. must focus on is how it will use the available qualified employees to improve its profitability. Employees form crucial parts of the business, and their involvement in an organization would determine either the success or downfall of the organization (Grogaard, 2016). As witnessed from the case study, Traviss has maintained good relations with her employees, and she, therefore, moves along with them (Grogaard, 2016). The close contact that she had with one of her employees enabled her to sell a portion of the business to her, a move that enabled her to enjoy work-life balance in some sense. However, it is now the time for Traviss to look into the situation more in-depth and find a suitable approach in which she will employ to utilize the skills and expertise of her employees to achieve success. It is, however, essential to note that this might require her to formulate group thinking strategies where every employee brainstorms for the way forward.
On the same concept of using an available workforce to achieve higher profits, Traviss would have to consider motivational approaches. Nevertheless, this would even require her to look deeper into how she would employ both intrinsic and extrinsic motivational approaches to achieve higher profits. However, it would additionally force Travis to include evaluation approaches to help in identifying the extent to which the motivation strategies contribute to organizational profitability. Are there employees who recorded higher productivity after receiving bonuses and work incentives? These and many more would help in finding effective non-expensive ways of motivating the employees without recording huge losses.
In addition to employee motivation, Travis would want to assess how she would delegate duties to the workforce. Even though she is looking for ways to re...