Management Team
To successfully introduce the Worry Gone product, the business owners must establish a strong human resource management strategy. Concerning the Worry Gone product, the management team will consist of the president, the vice president, the secretary, the treasurer, and the finance manager as the directors. These directors are owners of the business.
Forrest Thompson will serve as the President of the company and will be in charge of the development of the product. Caitlin McGough will be the Vice-President of the company and will be in charge of marketing for the product. Lindsay Shearer will be the Treasurer of the company and will be in charge of the sales for the company. Faisal Algrooni will serve as the Secretary of the company and will be in charge of production processes for the Worry Gone product. Lastly, Clarissa Graham will be in charge of the financial management of the entire business.
The proposed organizational chart
The President: Forrest Thompson
Experience in the industry: More than ten years of experience in product development within the pharmaceutical industry.
Experience in related industries: Management experience of more than five years in different organizations within the pharmaceutical industry.
Educational background:
- Bachelors of Science degree in Pharmacy
- MBA in strategic planning
- Certified pharmacist
Important responsibilities assigned: The president will be in charge of the development of the product. This will involve refining the chemistry of the product to ensure that the test is reliable and meets the demands of the clients.
Vice President: Caitlin McGough
Experience in the industry: More than five years of experience in product marketing within the pharmaceutical industry.
Experience in related industries: Management experience of more than five years in different organizations within the pharmaceutical industry.
Educational background:
- Bachelors of Science degree in Pharmacy
- MBA in Marketing
Important responsibilities assigned: The Vice-President of the company and will be in charge of marketing for the product. This will involve examining the available demographics for the product and how best to advertise it to the target market.
Treasurer: Lindsay Shearer
Experience in the industry: More than three years of experience in product promotion and positioning of related products.
Experience in related industries: Management experience of more than three years in different organizations as a logistics officer.
Educational background:
- Bachelors of Commerce
- MBA in strategic planning
Important responsibilities assigned: The Treasurer of the company and will be in charge of sales for the company. This will involve contacting potential vendors and successfully marketing the product to them.
The Secretary: Clarissa Graham
Experience in the industry: More than five years of experience in production management.
Experience in related industries: Management experience of more than two years in different organizations within the pharmaceutical industry.
Educational background:
- Bachelors of Science degree in Mechanical Engineering
- MBA in Strategic Management
Important responsibilities assigned: The secretary will be in charge of the production processes of the Worry Gone product.
Clarissa Graham: Financial Manager
Experience in the industry: More than five years of experience in financial management within the pharmaceutical industry.
Experience in related industries: Management experience of more than two years in different organizations.
Educational background:
- Bachelors of Science degree in Accounting
- MBA in Project Management
Important responsibilities assigned: The finance manager will have the responsibility of seeking out investors and securing capital for the development of the Worry Gone product.