Newland Medical Technologies Essay Example

have it appeal to more prospective parties.

In order for the company to move forward, I would recommend that Newland pursue fulfilling the acquisitions as soon as possible rather then trying to add new products to increase the acquisition value. There were idea to add new products, but without understanding the market or how the product could impact the future, it leaves no opportunities to add a new product at this time.

Newland is currently in a good position to make a deal with a large company. For Sarah, this means she could try to sell and focus on her family and raising her newborn baby. If she still had the desire to create more innovative products after taking some time off then she could use her experience to start a new entrepreneurship or find a company that could benefit from her work experience. Ms. Foster needs to evaluate her options and make a decision quickly.

3. In light of your strategic plan for Newland Medical, how can Foster achieve a balance between her personal and professional objectives and commitments?

If Ms. Foster is to continue pursuing as the companies President at Newland and continues to develop a line of innovative products, then she will have to make sacrifices in her personal life. Her goal all along was to help people by creating a technology that would help remove kidney stones and she was able to accomplish that. The choice to be made is to sell the company or find a way to have a Vice President that can fill the void while she is absent. If she were to sell

the company then she could have a substantial amount of money to put away for her families future and it would also allow her to raise her child and be with her family more.

Personally, I would recommend that Ms. Foster seek to find an individual that could serve as the Vice President in her absences. This would allow Ms. Foster to balance both her work schedule and personal life as she could now work on a flex schedule that best suits her.