Growing Pains at Stroz Friedberg Abridged Case Solution

Case Solution

In the finish of spring 2009, Stroz Friedberg co-presidents Edward Stroz and Eric Friedberg required to set growth targets this year. The important thing global speaking to firm they'd built centered on controlling digital risk and finding digital evidence combined with grown very rapidly. While using firm's CFO, they thought the firm could grow from $58 million to $72 million, an increase rate of 27% inside the preceding year. However, the firm's 11 offices had published first draft FY 2010 plans that together added around firm-wide revenues of just $53 million, an increase rate of negative 10.2%. The preceding years of rapid growth happen to be effective but challenging, together with an intensive summary of the firm's culture, systems, structure, and methods in the finish of 2008 had brought to some substantial number of changes the business had been modifying. Stroz and Friedberg wondered if you should push for ongoing, aggressive growth.

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Questions Covered

1- Introduction and Statement of Problem

2- Causes of the Problem

3- Decision Criteria and Alternative Options

4- Recommended Action Plan