Read Case 2 – The Wallace Group found in the section titled “Cases In Strategic Management”. Be sure to read all the sections (Section 2-1 through 2-7). For the case you will need to write the following: a case abstract (discuss in your own words what the case is about), case issues and subjects (who is involved, who is impacted, etc.), and answer the discussion questions listed below in paragraph format.
What is (are) the most important problem(s) facing the Wallace Group?
What recommendation(s) would you (as a consultant) to become a Stage II or III professional manager? What impact does this problem have on this case?
How you educate a Stage I manager (entrepreneur) to become a Stage II or III professional manager? What impact does this problem have on this case?
If Mr. Wallace if found to be one of the major problems, should be be addressed directly or indirectly?
Has the Wallace Group’s diversification strategy been effective? If you, please explain. If no, please explain.
Your final submission should be 3-5 pages in length, APA format.