Question: Identify the key elements of the project scope statement. Demonstrate and draw the work breakdown structure ( WBS ) for the following project. What s
Identify the key elements of the project scope statement. Demonstrate and draw the work breakdown structure WBS for the following project. Whats next: New governance of a yearold coffee business?
Company History
Khaled Izhiman established a small coffee trading company in Palestine in His son Mousa assumed control in In Mousas son Mohammad, along with Mohammads two sons, Qasem and Naser, set up shop in AlBireh, in Palestines city center. In they opened a second branch in the city of Ramallah and, a year later, they purchased a van and hired a salesperson to sell their coffee to retailers in Ramalleh.
Continued business success allowed the family to add branch shops and automate their sales, procurement and accounting processes. In they started to produce spices and they added nuts to their product lines in By Izhiman had added chocolate bars and a private label tea to their product mix. They also purchased an Italian coffee processing plant in with the intent of producing American coffee and esperesso in addition to their traditional Turkish coffee.
There were a few bumps in the road. In their cousins in Amman, Jordan, went bankrupt, potentially blemishing the familys reputation as a quality firm. Izhiman CoffeePalestine decided to purchase Izhiman CoffeeJordan to take advantage of the Palestinian companys ready cash and to protect the familys name in the Middle East region. The Jordanian acquisition had the fortunate outcome of expanding Izhimans reach and laid the foundation for its engagement with the Gulf Cooperation Council GCC Through the GCC Izhiman Coffee gained the ability to directly export its coffee to Arab countries and the US
Family and business dynamics
External observers might have felt the Izhman family had all the right credentials in place. Nasar had an undergraduate degree in business information systems from Palestine Polytechnic University and a graduate degree in business administration from AlQuds University. Qasem, Nasars brother, had a degree in engineering, so formal technical and business credentials were not obvious familial or business operational deficits.
Izhiman Coffee had locations in Palestine, six in Jordan, an office in Bahrain, and close to employees. The company had brought in Ernst & Young EY to help it develop two family business governance manuals. Among other changes, EY suggested that Izhiman move from a governance structure comprised of Nasars father, Naser and his brother, and two informal advisors to a formal five member board of directors, who would oversee a thirdparty deputy general manager. As the person with the MBA, Naser felt it was his task to persuade his father and brother that EYs proposed shifts in the companys governance were moves in the right direction.
Solid action planning Leveraging opportunities presented by the pandemic more people at home drinking coffee! Izhiman Coffee determined it needed more sophisticated governance systems in place if it wanted to continue to grow outside of Palestine. Advice from EY allowed all members of the family to have more comprensive family versus business conversations and led to the establishment of its first family council; the creation of a family office to address education, social, health, philanthropic, and related stewardship needs; as well as a formal succession plan. The latter detailed what would be needed to create a formal board of directors; establish the family council; augment the succession plan including how to educate, train and integrate the fifth generation of Izhiman family members into the company; potentially hire a nonfamily member deputy general manager; and build an internal audit unit to implement the new management structure. The family was clear that the Izhiman company plans to go forward with vertical integration and establish a coffee shop in Al Tireh. The official opening of the coffee shop might take place in This new coffee shop is a new business model for Izhiman. The shop will provide hot coffee, hot tea, and a bakery. potentially move in an exciting new direction the enlargement of their chocolate business and its integration into the existing Izhiman coffee shops.
what is Next? Izhiman company is planning to go for a forward vertical integration and establishing a coffee shop in Al Tireh. The official opening of the coffee shop might take place in This new coffee shop is a new business model for Izhiman. The coffee shop will provide hot coffee, hot tea, and bakery.
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