Business & Finance Homework Help

Please select a candidate in bold that best matches with the results in the attachments labeled Test 1-7 to write a memo applying for the selected candidates position. Please use the references from the succession report and to gain a better idea of each candidate.    

1.  Leadership Competencies Table 

Review the Leadership Competencies Table completed in Week Two to accompany the Job Announcement. (You may also wish to review any feedback received from your Instructor about your Table.) 

Step 2:  Upcoming Open Positions at Life Science Nutraceuticals, Inc. (LSN).

Position #1: Sales Director, Middle East

                     Location: Saudi Arabia

                     Reports to: Executive Director, Asia Division 

LSN’s Asia Division will be opening its first Middle East location in Saudi Arabia in the next 12 months. A Sales Director will be needed to head up this new division. A team of local salespeople will need to be recruited, hired, and trained by this leader. It is expected that this sales team may be largely men.

Two sources that are recommended for more information about doing business in Saudi Arabia are:

Guide to Saudi Arabia Etiquette, Customs, Culture, and Business 

Saudi Arabia Management Guide

Position #2:  Director of Research and Development (R&D)

                      Location: Headquarters, Miami, Florida

                      Reports to: VP of Headquarter Operations 

R&D is at the heart of LSN’s success, and, indeed, it is the future. The leader of Research and Development will lead a group of scientists and innovators but does not need to be a scientist himself/herself. R&D is located centrally at LSN Headquarters because R&D coordinates with all other departments and divisions. This is a high-profile position. 

Position #3:  VP of Headquarter Operations

                      Location: Headquarters, Miami, Florida

                      Reports to: President and CEO 

The Headquarters houses R&D, HR, IT, Purchasing, and Finance. Each department has its own “subculture,” and each department is fairly distinct from the other. The young, youthful subculture of IT often clashes with the conservative subculture of the Finance department, for example. Many of the members of the Finance and HR teams are baby boomers and are near retirement. This leader oversees the smooth operation of all of these departments and ensures the coordination of these departments with each other and with each of the four geographic divisions across the world. 

Position #4: Executive Director, North American Division

                     Location: Chicago, Illinois

                     Reports to: President and CEO

This leader will head up the largest and most profitable division of LSN. This division is seen as the “flagship” by the other divisions since LSN roots are in the United States. This Executive Director has the “ear” of the CEO and spends a lot of time with the Marvel family. This leader is faced with spearheading the future direction of LSN in North America and is challenged with filling openings throughout the United States and Canada caused by fast growth and a retiring Baby Boomer population.

Position #5: Director of Finance

                     Location: Headquarters, Miami, Florida

                     Reports to: Chief Financial Officer

This leader oversees the day-to-day operations of the finance department. This leader is expected to aid in strategic planning with the executive team of LSN. Although a finance background is not required, this person is expected to bring a conservative approach to the strategic planning table to balance out the high-risk tolerance of the rest of the leadership at LSN. A “big picture” perspective is definitely needed here.

Step 7:  Write a Memo 

Write a memo to President and CEO Alexandria Marvel using the format outlined below: 

Your Memo will be addressed to Ms. Alexandria Marvel, the CEO and President of Life Science Nutraceuticals, Inc. The Memo should be single-spaced. The Memo should include the following structural elements: 

To:

From:

Date:

Subject: 

The report should contain the following sections, with each section supported by course materials. Label each section using Roman Numerals I through X. 

• I. Introduction:  Briefly introduce yourself to the President and CEO and describe the purpose of your memo.
• II. Identify the position you wish to be considered:
•  
  • Briefly review the leadership competencies identified as important for the person that occupies this position.
•  
  • Summarize the leadership competencies that you feel you have that make you a qualified candidate for this position. This should be a summary, as you will get into more detail in upcoming sections.
• III. Identify your Jung Personality Test and Self-Esteem Test outcomes and describe why your personality is suited to the position.
• IV. Identify the Communications Skills Test outcomes and describe why you have the communication skills suited to this position.
• V. Identify the outcomes of the Know Your Top 5 Strengths and the Leadership Style Test, and describe why you have the key strengths (you can select 2 of your 5 strengths to discuss) and appropriate leadership style for this position.
• VI. Identify the Cultural Intelligence Test and Emotional Intelligence Test outcomes and describe why you have the CQ and the EQ suited to this position.
• VII. Identify the Ultimate Ethics Quiz outcomes and describe why you have the moral compass suited to this position.
• VIII. Conclusion – briefly summarize for Ms. Marvel why you should be considered for this position.
• IX. Reference Page (in APA format)
• X. Appendix – to include the results of all self-assessment tests described in the memo in sections III through VII.

Other Required Elements:

• This is a memo to Alexandria Marvel, President, and CEO. There is a fine line between stating your case and taking up too much of her time. It would help if you attempted to keep it to no more than 4 pages, single-spaced (not including cover page, reference page, and appendix).
• Contractions are not used in business memos, so do not use them.
• In-text citations should be included in ALL SECTIONS of the memo and should demonstrate the application of the course material. Note that a reference within a reference list cannot exist without an associated in-text citation and vice versa.