CASE STUDY 1

In this case study , I think that David should be more responsible, running two companies

at a time is difficult but it should be balance to track, as an owner he needs to supervise and give

time in his new business in order for it to succeed, he should have the Ethical behavior of a

businessman and he should also be committed to studying and developing his business.

Spending money to create a loan company is not enough, it needs effort and courage to achieve

the goal and keep the vision of an organization. He already has staff in his law practice, I believe

that it’s right if he give some particular time in his small loan Company.

David should Divide equal time in working for the two companies, he will have to cut his time in

working in his law firm which might lessen the productivity of the work capacity of the firm. But

Both will have supervision of the owner which necessarily reflects the possible success of his

businesses, focusing on his firm can make his new business in fail without proper handling.

Lessing the supervision of the loan company can make the employee work less, because there is

a lack of clear, consistent communication from david to the employees that result to low morale,

high turnover, and a decreased ability to have any sustainable success. All successful

organizations and businesses need effective leaders. David should encourage his employees to

reach their full capacity and maximize their strengths, he should guide his employees to make a

good work and make the business successful.

David should know how to manage his time especially when handling business, having two

business require more time and work, time management will help priorities task and achieve
goals even faster, taking new opportunities and grow your business in a sustainable manner. It

also improves the efficiency and effectiveness of a business, and business owners like david

should work on developing their own time management skill..

I believe that If the entrepreneur is not committed to creating a successful business, it probably

won’t be one. If he/she doesn’t show his employees and customers that he/she is “all in”, they

won’t have the respect that they should have for the business to make it. Committing to things

and staying sustainable at your goals is the true way to endure challenges that may come on your

way.