The CEO of your new Bike Company.

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QUESTION
 
1.You are the CEO of your new Bike Company. Samantha, your business partner, your friend of 20 years, and the company’s Comptroller, has brought you the business financials for the 1st quarter. During the review, Samantha, lets you know $150,000 dollars is missing and has no idea why. This is 10% of the initial capital funding you invested to start the company.
2.You ask Samantha a number of questions about the missing money, but Samantha says, “I don’t know what happened to the money. It might just be a simple math error. I need to collect more information, but I am working on it. I just don’t know how long it will take to gather all of the information and figure out what happened. It could take up to month of research.”
3.You are close to Samantha, own a lake cabin with her. The 4th of July celebrations at the cabin are legendary family affairs. Samantha is a good business partner and, together, you have built 4 other profitable, international, manufacturing companies. The past three years have been professionally and personally tough on Samantha. Her father died without any life insurance and Samantha, now, has become responsible for her mother’s 24-hour care. Professionally, one of her other business investments has filed bankruptcy and another is being investigated by the Security Exchange Commission.
4.You are concerned. Venture Capitalists are scheduled to visit in two weeks and discuss future funding. $150,000 dollars of corporate assets are unaccounted for, and Samantha , your Comptroller, does not have a clue where the funds have gone.
5.Using the Franklin Covey’s Writing Advantage Four-Box Format, write a letter to the Maria Garza, Chairpersom of the Board of Directors, and explain the situation, concerns you have, and a recommendation for how to proceed. Your letter should address the following:
6.State and describe the problem (provide the reasoning, deductive or inductive, you used to determine the problem).
7.Discuss the facts/data in the scenario and any assumptions you may be making about those facts.
8.Recommend a solution and plan to implement it. Ensures the memo addresses the missing funds and any concerns about Samantha (keep in mind that your recommendation is most likely your letter’s purpose).

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