Excellence, Inc. strategic review

(EXI) a not-for-profit company based in Amman Jordan, and presents possible changes and courses of action to its Board of Directors and Chief Executive Officer (CEO). Excellence, Inc. is in need of a turnaround strategy. If current trends persist it is very possible, if not probable, that EXI will not have sufficient financial resources to remain in operation for the duration of 2008. This represents potential financial risk to EXI"s shareholders. Potential exists for EXI to transform itself into a fully sustainable, financially viable organization that adds significant value to Jordan in one or more capacities. To realize this potential, EXI"s BOD, employees, and potentially shareholders should act both quickly and decisively. This report is divided into three sections. The first presents EXI"s successes to date and provides a basic snapshot of its current organizational health. The second section presents a variety of possible options, some of which are recommendations, for EXI"s BOD and CEO to consider. They are divided into operational and strategic. The strategic options outline three possible directions for EXI, the first two of which contain a range of possibilities and required decisions. The third and final section of this report suggests next steps for EXI to take in making decisions and moving forward. (Author abstract)