Assignment Detail

Case on Planning the Enterprise:
CAMELOT RECORDS: Those were the Days

Mr. Miguelito Salde worked very hard as salesman of recorded music. He represented a company, which distributes compact disc(VCDs and DVDs) of foreign labels. For about ten years, he personally called the dealers in Metro Manila and the provinces to convince them to buy his products. His exposure to the industry provided him with the right mindset to establish his own recording outfit.
With his mind working, Miguelito hatched a plan on how he would go about operating his own company; the Camelot Records. In addition to his knowledge about the market he collected information on the production aspect of recording. The plan and the required information were all stored in Miguelito’s memory.
Later, Miguelito mentality prepared a financial plan,as well as a personnel recruitment program, no matter how crude they were.When he thought that his business plan was complete , he began to implement it with required speed. He work systematically by following procedures he alone knew explaining to his recruits the exact functions of each of them .
Within a few months of operating, the company was able to produce two CDs of original Filipino music Local singers and composers were tapped. The market received the product with moderate response. Miguelito went on producing more recorded music until one of the ten CDs became commercial hit! This feat catapulated the company to recognitionby the industry. The company’s commercial hit were followed by other hits in succession.
All of the successful efforts of the company were made without the benefit of a written plan. What Miguelito did was to personally supervise all activities from hiring talents to providing directions to salesmen. He did this vigorously with the company’s total workforce of 51 employees. As the company grew with more productions and more than 200 employees, Miguelito immediate
subordinates started to worry that their boss must be feeling burden of a workload that was getting heavier as the ten years passed. The staff felt that their leader must begin to deligate some of the responsibilities to qualified persons.They thought that to be fully organized, a written paln must be devised so every employee could effectively assits in implementing the various projects of the company.
When the staff mentioned to Miguelito about the importance of a written plan,Miguelito replied by the saying:
’’ This company was organized without a written plan;it became successful without a written plan;it will continue to be so without a written plan”

Question 1. How sound is Miguelito’s arguments?
Question 2. Assuming that Miguelito will welcome suggestions, what will you say to effectively counter his arguments.