Explores many of the issues facing a rapidly growing venture companies in high technology industries. Provides an opportunity for students to explore issues related to the management of cash flow crisis. Begins with the new MIPS CEO, Robert Miller, faces a number of serious problems. In general, MIPS were ineffective. When Miller assumes his position, cash accounts of the company has only $ 700,000 less than the funds in one month. His problems are compounded by serious internal monetary differences between the functional units of the company, which have different points of view with regard to the company's management must take both strategically and tactically. Provides a history of the company and its technology, since its foundation in 1983, is based on a completely new technology, which was developed at Stanford University. Describes the purpose of the founders of the management company and the subsequent difficulties in meeting these expectations. Students are asked to put themselves in the role of CEO, considering what options they have and what process they need to follow to reach a solution. "Hide
by James C. Collins, Charles B. Krenz Source: Stanford Graduate School of Business 32 pages. Publication Date: 01 January 1989. Prod. #: SB112-PDF-ENG
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