William Baird PLC Report - Change Strategy & Management

REPORT To :<Tab/>William Baird PLC From :<Tab/>John Doe Date :<Tab/>9th January 2002 Subject :<Tab/>Strategy that will enable William Baird to survive turn-around the prospectus for the business. Section 1.0<Tab/>Terms of reference William Baird is already suffering from the high cost, low margin nature of the UK clothing industry and in 1999 lost …

…also try to negotiate with M&S to regain their contract, as long it would remain profitable. But the main focus for William Baird must be the long term strategy. I feel that each of the above strategies has a strong merit but on balance, manufacturing abroad using more advanced technology and improving employee development is the way forward for William Baird and will allow them to reduce costs and ultimately increase profits.