Introduction
orbiculate communication theory has lately discovered their declining timeworn and increasing competition in the telecommunications market have placed their conjunction in jeopardy. Realizing this, the senior leadership team has agreed to create a strategic natural process project. Their CEO, recently recruited from an international competitor, is set on making her head start impact with the company. The team develops the plan, which involves expanding their service offering, and cost-cutting initiatives. The plan involves downsizing and outsourcing their think centers to India and Ireland. They found they can save up to 40% in costs with this move, however, a glitch occurs when the Union leadership gets booster cable of the plan after the decision has been made to implement it. Communication gaps have created a potentially explosive situation. Management is family with their decision to stick with the plan and the Union threatens legal action. Global Communications is left wondering how to proceed with this good word of honor/bad news situation.
Situation Analysis
Issue and Opportunity Identification
Global Communications has acknowledged the industry has become too competitive. Their stock has depreciated 50% in the last three years. Stock has declined from $28 to only $11 per share.
With local, long-distance and international markets all competing for the alike(p) business, a need was created for Global Communications to diversify, offer more services, and go global. They defined the need to research some of the practices in spite of appearance the industry, and form a plan to implement within their company to remain in business.
Once the information was compiled, Global Communications’ management leadership team created a strategic plan to address the issues. First, they decided to offer more services to individuals and smallish businesses. Secondly, they determined they needed cost-cutting stones throws to improve profitability. The cost cutting measure they chose to implement...If you want to get a full essay, order it on our website: Orderessay
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