Radhika is a co-founder of a textile design firm worth 100 million. The firm started 5 years back with 3 founders- Radhika, Joy and Tara. Each founder now heads a separate department. Radhika heads the innovation and new design arm. Joy and Tara head manufacturing and finance departments respectively. Recently the departments are at loggerheads because of one big order that they lost. What shall Radhika do? Note: Make sure you select all of the correct options—there may be more than one! Discuss with external stakeholders to find the real cause, so as to tell Joy and Tara about the issue and make necessary corrections Discuss with Joy and Tara and understand why the order may have been lost. If there is something that can be done to harness cooperation among department, it shall be done Discuss with Joy and Tara to penalize the team that was responsible for this Discuss with Joy and Tara and understand not only why the order may have been lost, but how new orders may be created. Avenues of future conflicts which may lead to loss of order in future need to be addressed

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Radhika is a co-founder of a textile design firm worth 100 million. The firm started 5 years back with 3 founders- Radhika, Joy and Tara. Each founder now heads a separate department. Radhika heads the innovation and new design arm. Joy and Tara head manufacturing and finance departments respectively. Recently the departments are at loggerheads because of one big order that they lost. What shall Radhika do? Note: Make sure you select all of the correct options—there may be more than one!
Discuss with external stakeholders to find the real cause, so as to tell Joy and Tara about the issue and make necessary corrections
Discuss with Joy and Tara and understand why the order may have been lost. If there is something that can be done to harness cooperation among department, it shall be done
Discuss with Joy and Tara to penalize the team that was responsible for this
Discuss with Joy and Tara and understand not only why the order may have been lost, but how new orders may be created. Avenues of future conflicts which may lead to loss of order in future need to be addressed

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