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Essay / Enclean: The Story of Malcolm Waddell - 1513
EnClean: The Story of Malcolm Waddell (A)The end of this case is very interesting. A secret meeting and a board decision that went against the people I thought would eventually get rid of. Getting rid of Tim doesn't really solve the problem, in fact I think it weakens the company. Malcolm's strong suit is not running the business on a day-to-day basis, and that's where Tim was pretty good. Malcolm's creation of this new operational plan is going to be a strain on him and may not solve any of the problems the company is currently facing, and it is more than likely that he will find himself out of a job, just like his friend Tim. But probably his biggest mistake was not giving up on Tim. Sometimes things just aren't working out and it's time to move on to greener pastures. In this case, Malcolm worked well with Tim, because there was a certain level of trust, there was a certain level of dedication. Without Tim, I don't think Malcolm can get the company out of the current bad situation. The operational plan will need to be a massive change in direction, with many changes to the current structure of operating divisions, current business services and the integration of all acquisitions over time. Of course, developing such a document is not an easy task; Let's see if I can piece something together, as well as point out some missteps the company has made. I find these acquisitions to be good buys in every respect, expanding the overall scope of the company's services, to new technologies and so on. But their lack of integration and pressure to get them to adhere to the EnClean ideal was not very good; they simply focused too much on the short term gains of the current people running the acquired companies instead of putting management in place that would do the job properly. In the end, they wasted time and money that would have been better spent making the acquired company fit better into the service aspect that EnClean had in place. I also think they've started to jump the gun on some purchases, like the AlphaChem acquisition. Why they didn't realize or at least consider that they weren't a distribution company and that AlphaChem didn't have a clear strategy is beyond me..