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Problem Solution: Global Communications
Global Communications has encountered many business issues in the areas of competitions, market awareness the need to maintain growth and profitability. After I have research different resources, I will present different solution to theses problems and I will evaluate alternative to these solutions
Situation Analysis
Issue and Opportunity Identification
Global communications has experienced a drop in its price per share form $28 to $11 due to tremendous competition. The Company has suffered performance setback. They have decided to launch a new strategy of cost cutting and outsourcing to maintain growth and profitability. The events that took place at Global Communications have created operational problems as well as economical problems.
Lack of market awareness. The original strategy of conducting business has failed because of poor planning. No contingency plans or alternative solutions. Global communications executive management has slowly reacted to market changes. The communication between the hierarchical structures of the organization was inexistent. The basic relationships between these organizational departments were ineffective. There are conflicts within the organization. Which can be clearly seen in the outcome of their negotiations with the employees’ representative and the Unions?
Stakeholder Perspectives/Ethical Dilemmas
Stakeholders have common interest in this organization. They demand ethical performance, sound vision and optimum implementation strategy. They are interested in profits, growth and sustainability. They put their trust in their executive management because they believe they process the knowledge ...