The Shipping Industry Accounting Team (Case Study Sample)

The Shipping Industry Accounting Team
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The Shipping Industry Accounting Team
The case study involves forming a shipping industry accounting team following a merger between three accounting firms. This virtual cross-functional team brings together professionals from different locations to provide specialized accounting services to shipping companies. However, the team encounters challenges such as communication barriers, differing work schedules, and difficulties developing a shared vision and strategy. To overcome these hurdles, it is essential to analyze the team's environment, design, and processes, identify strengths and weaknesses, and provide recommendations based on research articles.
The Type of Team that was Formed
The type of team that was formed here is a virtual cross-functional team. It was created due to a merger between three accounting firms, and individuals from different locations were brought together to work as a team on shipping industry accounting. In this case, the team comprises four members in other cities: the author in Boston, Elias in Miami, Susan in Seattle, and Brad in Los Angeles. The team was formed to leverage the three firms' collective knowledge and expertise and provide specialized accounting services to shipping companies across the country. Creating this team was necessary given the circumstances of the merger and the need to serve shipping industry clients effectively. Shipping accounting can be complex and specialized, requiring expertise in various accounting practices and procedures specific to the industry. By forming a