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Wolf Peak International Case Study Solution

1469 Words6 Pages

Every business organizations have the motive to achieve its desired goals and growth targets in revenue and profitability. However, based on the research done by Bill Liabotis, 20% business fall short of achieving their target because of organizational infrastructure that cannot support successful execution and inadequate number of opportunities (Liabotis, 2007) . On other hand, technology is transforming innovation at its core, allowing companies to test new ideas at speeds and prices that were unimaginable decade ago (Brynjolfsson & Schrage, 2009).
This means that technology can be an opportunity as well as a threat depending upon how it is being used. Technology can bring in lots of ideas and opportunities for the business from the outer world but if not taken in a sensitive way could bring worse situation in the company. …show more content…

The company was very much satisfied with that decision as this package automated critical operations including sales, finance, purchasing inventory and delivers accurate, up to the minute view of the business (SAP Business One Journey Team, 2007).
Other solutions could have been: It clearly seems that, there was a lack of proper research. Wolf Peak International could have jotted out its requirements that had to be in accounting software for the company on the first hand then should have consulted with an expert or finance person about it. Secondly, the new accounting software could not have been that bad, if given the proper training to the staffs, the package could have been lot better than QuickBooks. If Wolf Peak had known beforehand the need of new accounting software, the company could apply both the new and old system in a parallel way. This could impact that the staffs have their time to become clearer about the functionality of the new software and if things don’t go well, they have the old system by their

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