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Essay / Situation Analysis and Problem Statement: Global...
Situation Analysis and Problem Statement: Global Communications CorporationSituation Analysis and Problem StatementIn business, companies are always competing with each other with others to remain the leader in the sector. Companies want to have a competitive advantage over other players in the sector. Global Communications is at a point where it needs to make some changes to its organizational structure to remain competitive in the market. Global Communications' new approach will bring amazing growth opportunities to the industry, but dilemmas and ethical issues will arise as the company implements the new plans. This article will evaluate the issues and opportunities that Global Communications faces in its goal to become a global industry leader. Let's first look at the situation Global Communications is facing to better understand the opportunities and problems. Situation Background (Step 1) Global Communications is a telecommunications company facing increasing competition and declining profits. The company faced a depreciation in the value of its shares, with the price per share falling 50% in three years. Shareholders are increasingly unhappy and want to bounce back and remain competitive in the sector. Global Communications has developed a plan to introduce new services to its customers by creating an alliance with a satellite provider and implementing practices that will increase profitability and reduce costs. In implementing this new plan, Global Communications faces several challenges. Identifying the Problem The first problem Global Communications faces in its journey to becoming a global industry leader is the need to outsource to India and Ireland. To do this, Global Communications must lay off several employees and many of those remaining will most likely be relocated with a 10% pay cut. The impact of several colleagues and friends losing their jobs will have an impact on the morale of the remaining employees. Global Communications faces the challenge of maintaining the trust and loyalty of its employees to achieve its new growth objectives. The second problem Global Communications faces is that of the union. The union is unhappy because it believes this is a ploy by Global Communications to manipulate a recent contract. Union President Andre Mustov informed Global Communications that action will be taken against them with all necessary resources. Global Communications faces a lawsuit that will attract potentially damaging media attention at a time when the company is trying to gain the trust of the global market..