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• IT and website support team
• HR department to support all companies
• Improve employee ROI
• Purchase a new financial reporting system and standardize across all companies
• Explore JV opportunities with firms such as SEMCO and KTI – Plersch –Germany
• Business acquisitions as a growth strategy should and must be part of GIC five year
plan.
Threats
• Board of Directors and shareholders declining the recommendations contain in the
strategic plan developed by JL White international
• Unions
• A B 1513
• Monterey County DA investigation of fatality at Growers Street Cooling with a
potential contingent liability in the amount in excess of 4 million dollars
• Inflation
• Foreign currency volatility
• Slowing of economy
• Grower food recall
• Excessive regulations
• Taxation
• Power Grid failure
• Lack of a qualified workforce
• Drought and other natural disasters
• In ability to attract investment capital to implement the strategic plan
• Remaining in a no growth mode
• In ability to obtain a consensus to approve strategic plan
• Individual agendas of shareholders and Directors
• I win you lose attitude
• Lack of trust
• Ego strength overshadowing the best interest of the company
• Not holding people accountable to goals that are in alignment with the new strategic plan.
• Enabling none performance
• Enabling family members entitlement attitude
Prepared for Growers Ice Company, Inc.
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Jim White, PhD --- JL White International