Week 6 learning
activity
Learning Activity #1
Frank Pulley was the General Manager of Fred Arnold’s,
“Arnold’s Moving and Storage”, a family-owned business. He had been with the company since he got out
of high school. He worked summers and
vacations to make money during his college years. The company had grown as did
Frank. When Frank graduated from college
with his degree in business management, he was given the job of Office Accounts
Manager. He managed the money for the business. During the evening, Frank went
to school and received his MBA in Finance.
By then, Arnold’s had expanded to include long distance moving as well
as office moves in the Mid-Atlantic area.
The company was making over $3,000,000 in sales and was growing at a
rate of 8% -10 % a year. Competition was strong in the Mid-Atlantic region so
Fred wanted to expand southward. About
this time, Fred’s son decided it was time to come back into the business. He had been working in IT in Miami. He liked
Miami and felt he could work from there and bring the business down the Eastern
Seaboard.
Frank had been with the business for 12 years now and felt
that with Fred’s son now back in the business, it might be time to leave. Fred saw Frank at lunch one day shortly after
Frank started looking for a new job. “Frank, I just heard that you are looking
for a senior management position. In fact, I had to hear it from Janice Jeppy
of all people. I ran into her at the bank. She says you applied to Jeppy Movers
for a job and was wondering why you would want to switch moving companies. I am
wondering too. Don’t you want to stay with us?”
Frank was surprised. The thought had never occurred to him.
He assumed that Mr. Arnold’s son and daughter would take over the business.
Both of Fred’s children had been working in the business since they were in
high school. “I don’t want to leave Mr. Arnold,” Frank replied, “but I assumed
that with Frank back in the business, he would take over. I just couldn’t see
where there was room for advancement.”
Fred was afraid this is what the boy would say. His son was bright and
showed promise, but Fred knew they needed experienced people like Frank to keep
the company moving forward. Frank was
great support for the business and would be the best support that he and his
son could have. Fred wondered how he
could keep Frank in the business. “Come see me tomorrow at 10 a.m., Frank and
we will talk. I can’t let you go to Jeppy Movers, can I”?
What Can Fred Arnold do to keep Frank now and in the future?
Include in the discussion how the growth of the company will affect Fred’s
ideas.
Also, address succession and Frank’s role in the business
going forward.
Learning Activity #2
How might Arnold’s son attempt to engage the business in the
Miami community to solidify the company’s move southward?
Explain how small businesses and community support is
important to business sustainability?
