Specific strategies Actions to be taken Timeline/Period of Person/Unit Success Indicators

Implementation Responsible

Increase revenue Increase unit price 2018 and onwards Production Increase in revenue
of products with Manager by 5%-10%
rising costs without
jeopardizing
quality.
Look for Comply with 2018 and onwards Management Additional funds for
government grants requirements to the company
acquire
government grant.
Use grant to invest
in needed
machineries for
production or
allocate funds
effectively and
efficiently.

Reduce expenses Reduce selling and 2018 and onwards Management Accumulation of
administrative Savings by 10%
expenses such as
materials, labor and
overhead costs by
enhancing
production
efficiency.
Divest the wine 1) Sell the unsold -Rolling- Board of Directors Additional cost
product line wine products and Accounting incurred is up to
segment and at cost to department. 10% higher of the
intensify the current retailers proceeds from
production of and divested
Zlurpt! wholesalers. department.
2) Transfer the
wine production
workers and
train the
workers to have
an appropriate
skills and
capabilities in
producing
Zlurpt!
3) Sell equipments
used in wine
production.
4) Renovate the
wine
department
facility and
transform the
place into a
Zlurpt! facility.
5) Proceeds from
selling unsold
wine products
and equipments
will be used to
buy
machineries
and equipments
for Zlurpt!

Potential Problem Nature of the Problem