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Augustina Artos, a 25 year old female graduate of Harvard Business School, has j

ID: 449773 • Letter: A

Question

Augustina Artos, a 25 year old female graduate of Harvard Business School, has just been appointed to the job of Director of Finance in a medium size business. Her immediate junior in the business, Jacob Jones is a 53 year old long term employee of the business. He was passed over for her job. Referencing this week’s material create the opening interview between Artos and Jones on her first day. Identify all the issues that might be suggested by this fact pattern. In your conversation with Jones be sure to have Artos deal with all the identified issues using her “leadership relationship building skills”.

Explanation / Answer

The interview between the two employees in the same department helps to familiarize the new staff with the general view and understanding of the company. It helps, therefore, the new employee to identify strengths and weaknesses that exist and strategize on how well to address them in an approachable manner. In this case, Augustina Artos, and Jacob Jones can initiate the following interview conversation at the first time.

Jacob Jones: Hallo, good morning and welcome to ABC Company. My name is Jones and am an employee of this company.

Augustina Artos: Thank you. My name is Augustina Artos, a new employee as the director of finance. Happy to meet you. Kindly tell me something about the financial management and the working systems within the finance docket.

Jacob Jones: good to that from you. I will answer basically that finance is concerned with all cash flow and daily operating expenses of the firm, planning, forecasting, advisory, cost management, budgetary and inventory management concerns.

Augustina Artos: good reply. How is the workload segmented to achieve value and efficiency in this section?

Jacob Jones: the work has been split down among the management accounting staff members who are experienced and assets in their various sections in the department.

Augustina Artos: How is control managed to ensure delivery is timely and useful?

Jacob Jones: there are internal control systems that have been laid to manage employees` performance against the standard set. Any discrepancy is quickly brought on board for precise control in advance.

Augustina Artos: who works in the control units and how is reporting on accountability structures?

Jacob Jones: We have a department of internal audit which usually undertake fully charge of the assigned responsibility to ensure there is full resource utilization in an efficient, transparent, accountable and intuitive manner. Also, roles have been segmented to have a small operating unit for ease of performance such as payables and expenditure section, receivables, credit control, cost accounting, inventory accounting managers, financial accounting and finance manager director.

Augustina Artos: Thank Mr. Jones. I am grateful for the assistance. Teamwork will help to have an increased delivery of services as required. Thank you once again, and I look forward working with all of you.