CMR Enterprise-Blackstone Partnership Free Essay Example, 1500 words

In the first year of operation, the partnership between Blackstone and CMR Enterprises saw the latter grow its residential business market share to 25%. Blackstone directed all their customers to CMR Enterprises, increasing their customer base as a result. Increased profits characterized this period. However, a few incidences where employees of Blackstone were being overextended even as they were continuing with work. The Onus to correct things that Blackstone was likely to miss was given to CMR which did not. Later on, concerns about the partnership started to be raised. CMR had anticipated an increase in its efficiencies that would result in lower prices. Several months down the line, project managers discovered that this was not the case. Homeowners still worked directly with other subcontractors and ended up visiting the CMR showrooms to get the cabinets for their homes. Also, both the companies, CMR, and Blackstone were unable to limit the changes that the home owners made in g ood time. This partnership also caused an increase in the closing of homes. In case of upgrades for homes, CMR billed Blackstone, who in turn raised the prices for closing homes. Secondly, this relationship caused project managers and project coordinator problems. We will write a custom essay sample on CMR Enterprise-Blackstone Partnership or any topic specifically for you Only $17.96 $11.86/page If Blackstone had shared the information about a change that they had on the cabinets, then Marcus would not have found a whole set cabinets seating outside one of CMR showroom.