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Decisions In Paradise Ii Essay

1756 words - 7 pages

Stewart Title of PAGE \* MERGEFORMAT 3
Running head: STEWART TITLE OF KAVA IIStewart Title of Kava IIEden JackUniversity of PhoenixStewart Title of Kava IIStewart Title is the leading provider of title insurance in the real estate and mortgage industries (Stewart Title of Sacramento, 2009). We operate as a neutral 3rd party to your transaction by dealing with all parties involved and providing a title search to make sure the property is free of encumbrances. Stewart Title has decided to expand the company to the small island of Kava in order to support the community and economy of that country. As part of the strategic planning in bringing Stewart Title to Kava, I have found four key issues that need to be addressed. Over 50% of the population is under the age of 18, multiple languages are spoken in this country, and the natural disasters and medical problems that occur in Kava can be life threatening.Framing the problem and Making the decisionThe first problem is the underage population. With over 50% over the population not being of legal age to purchase and own real estate, this will cut our profits in half. In Kava, the legal age to purchase real estate is 18.Decision: We need to contact the country of Kava's census bureau and find out how many people live there under the age of 18. Next, we need to come up with a projection plan based on the number of people over 18. Finally, we need develop a marketing plan for that population.The language barrier will also be a hindrance. The multiple languages of English, Spanish, and French may cause miscommunication, especially in dealing with legal matters.Decision: Hire an interpreter that can speak English, Spanish, and French. If this is not possible, hire an interpreter that can speak English and French since Alex, the strategic planning manager, can speak English and Spanish.The natural disasters of tidal waves, typhoons, tornadoes, flood, and fire are all life threatening as well as a threat to property which is the main focus of our industry.Decision: My recommendation is to talk with the local, state, national and military governmental services and find out their action plan with disaster. We also need to evaluate the statistics on each disaster to determine the frequency of occurrence. Then talk to the local insurance industry to determine how often policies are paid out and how much money is lost due to these disasters. We may need to bring in our own division of insurance for properties.The medical problems of HIV/AIDS and the avian flu can also affect the lives of our employees working their as well as the community of Kava. To say the least, medical issues burden productivity from a business standpoint because of missed days and paid out sick leave.Decision: We need to talk to local health officials and find out preventative protocolin regard to the most prevalent health issues affecting the community. Then have a safety training issue to all Stewart Title of Kava employees. We need to...

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