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    Web 2.0 Has Business Owners Blogging The Success Stories of Their Company
    "People" is not just the name of a magazine, it is the subject of virtually every story published today. How people use a certain product. Why they behave the way they do. And what activity they're engaged in that is charming, disarming, or alarming. It's all about the people.Most business publications tell us about people we can never identify with, even though we love to read about them. They have seemingly unlimited resources, celebrity contacts, and brilliant well-connected friends. Fun to read but with very little direct relevance to us, except for the moral, legal, and ethical dilemmas and lessons each article contains.iBizResources.com was launched with the intention of putting Main Street faces, successful business owners everyone can identify with, along side practical, insightful articles written by business professionals from a range of industries. Thought-provoking, idea-generating articles first published in 1999 are just as popular today as the latest Blog posts on iBizResources.com.To date we have written and published almost 100 profiles of successful business owners.Each business owner who participated was nominated as a thought leader, someone whose story deserved telling, by his or her trade association.Individuals were interviewed at length over the phone around a set of questions crafted to bring out how the company was formed, when and by whom and some of the challenges they overcame along the way. And each success profile described their plans for them future - especially how they believed the Internet would help them grow their business in the future.You see it occurred to us tha
    e company, there could only be that added customers as well as gaining new customers.

    Optimal Solution (Step 7)
    The above paragraphs go over the description of the solutions as well as covering the goals.

    Implementation Plan (Step 8)
    Global Communications will create or update the companies policies to reflect, there ethics and commitment to their customers as well as to their employees. Setting up training as well as a reward system for the employees who show excellence. A team will be created to research the surrounding cable companies and which ones would be approachable to merge with, as well what it would take to achieve this and then having them meet with the upper management weekly to give a progress report. They should have all the information gathered and the company should be able to choose and start the process of merging with a company within 6 months. Another team will be created to go over what type of training the employees would need to gain the skills that they do not have and the time frame needed to train them.

    Gap Analysis and Estimated Implementation Costs—Evaluation of Results (Step 9)
    There will be costs that will be directly involved in the research aspects, as well as in the training of the employees, and even in the workshops to help the laid off employees get new jobs and then in the merging with another company. After implementation there should be an increase of profit, at which time bonus can be given out.

    Conclusion
    In going through the background of global communications, looking at the issues as well as the opportunities (Maintaining a working relationship with the union and assisting the employees) verses the stakeholders perspectives (in implementing the plan and raising the stock prices) the best solution and most beneficial for the organization would be to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge. We have also looked at the alternatives, risks, as well as implementation and I believe that the solutions that have been presented are the best choices for the company. Even with the decision that Global Communications made it will not be an easy one, for individuals will still be losing their positions. It is important to look at the view of all parties involved. To see the whole picture, because if the wrong decision is ma

    Don't Let Your Small Business Destroy Your Life
    I want to talk about a subject that is neglected amongst small business owners – the idea of protecting your personal life.Even though you might be running a busy, thriving business, be absolutely sure to devote night a week to your personal life. In the past ten years, this has been one of my biggest issues. I have not been doing this every single week on my own but I can honestly say that I am in the process of changing that now.In business, with all the excitement of making money, it's too easy to let it take over your life. This is really not a good thing nor is it a healthy thing. Even multi-millionaires take time out for themselves to do things not connected to their business. Don't get me wrong, while business can be both enjoyable and a nightmare at the same time, there are other things out there in the big wide world - outside of your small business.Do not neglect your sports and social activities or it will impact you in the long run and your small business will suffer. It is the peculiar nature of small business to make you obsessed with it if you are not careful. You need balance. These non-business activities will help you.Also, you should not neglect your partner and family either. I am guessing but I am pretty sure that the divorce rates for small business owners are probably about eighty percent. Of those married couples that I personally know that have set up a small business in their 30s, most divorced within just eighteen months of the start of the business.There are lots of reasons why this happens, but in a lot of the cases, the partner who has gone into business neglects their fami
    Global Communications feels the pressures of the industries with trying to keep up with its competitors and watching its stock prices fall. Yet the stockholders are giving them a lot of pressure to correct the problem. They need to offer better services than what their competitors are providing to their customers. This paper will discuss the background, the problem, the end goals, alternative solutions, risk assessment, the optimal solution, and lastly the implementation plan.

    Situation Background (Step 1)
    The entire telecommunications industry has fallen into hard times due to the Cable Companies entering the competition but Global Communications has been hit hard with not just the increased competition but smaller profit margins, the costs of doing business, and have realized that they need a new strategic plan, but will need help in implementing this.

    The problem is not really obvious, as one may think. It is easy to say that there is too much competition and blame outside entities for their woes. Ultimately, the real issue is GC’s inability to effectively compete with new players in the market (i.e. cable companies). Often this is the secondary to a failure to differentiate their offerings from those of the competitors. It sounds as if their attempt at differentiation has been “Our Edge is People”. This has two obvious flaws. First, it is in contrast with the apparent reality that their people lack the technical skills to perform the job. Second, differentiation must take the form of something that really matters to the customers. They have already identified the competitive points that seem to be hurting them (new features, televisions, computers, phone service, etc) of and it has little to do with the people. Outsourcing the support jobs may improve the people quality, but unless this is a competitive issue, it may not have a significant effect beyond the reduction in costs.

    Issue Identification
    - Maintaining employee morale and preventing “brain drain” to competitors, this often occurs following layoffs.
    - Maintaining a working relationship with the union and making sure that Maria gets back into good graces with her boss. Maria seems to have a generally favorable attitude toward the company and she could be important.
    - Differentiating their new offering from existing competitive offerings. Adding 1000 new sales people are not going to sell a product that has no appeal to the potential customer.
    - Maintaining cohesion among top management
    - Converting the proposed changes into profit
    - Effectively competing more locally and globally…very different games.
    - Managing new partnerships effectively and profitably
    Opportunity Identification
    - Identify markets not currently served (or not served well) by their major competitors and fill that niche.
    - Assisting the employees that get laid off.
    - Nothing generates future success like current success. If their cost cutting and new competitive plan can improve the numbers, even for a quarter or two, the stock price should rebound a bit.
    - Improve their relationship with the union (long term) Identify markets not currently served (or not served well) by their major competitors and fill that niche.
    - Increase profits
    It is apparent that there is no concern, in the fact that the plan is to grow by serving current customers and that there is no mention of gaining new customers. How important is access to "company information hosted in mainframes" is to a small business owner, because the chances that any small business would have a mainframe computer would be slim. These new partnerships may hold the key, but again, they must be able to differentiate their offering or it will have little effect.

    Stakeholder Perspectives/Ethical Dilemmas

    Senior management presented the Board of directors a plan in which they are expecting to be implemented as proposed after it has been researched and analyzed sufficiently to ensure success, even if problems have occurred, they just need to inform the board of the adjustments that need to be made

    The union has an obligation to the employees, to protect their benefits, their rights and to ensure that they have a job. It is important and the union be informed every step of the way, what is going on with the agency and what is expected of the employees as the change is implemented.

    Problem Definition (Step 2)
    Global Communications has a lot of issues and opportunities, that can be focused on but there are a couple that could be focused in on the problem statement. In three years, Global Communications will be the leader in the industry by increasing their stock prices, lowering their over head costs, and showing a commitment to their customers as well as their employees. This will also help them meet their end state goals.

    End-State Goals (Step 3)
    When looking at the end-state goals the first would be profitability, because a business needs to succeed to survive. What may set Global Communications apart from its competitors is by establishing a new product. It is important of the organization to maintain employee morale, union relationships, as well as partner relationships, as they become the leader in the telecommunications industries.

    Alternative Solutions and Benchmarking Validation (Step 4)
    The alternative would be to minimize the number of jobs that are outsourced to India and keep as many of the jobs in house with the use of better communication skills.

    Employee Communications and Development

    Understanding the importance of excellent communication and development within a corporation is crucial. Global Communications needs to reestablish and open a line of communication within their organization and the Technologies Workers Union. This communication could resolve internal issues without destroying the organizations commitment or the employee commitment, if implemented properly. When employees feel that their psychological contract has been breached, especially involving issues around pay, communications and development a lower-level of job satisfaction and organizational commitment has been indicated (Pate, 2000).

    Employer/Employee Trust

    Communication and compromise are the keys to strengthening the bond between the stakeholders. Involving the stakeholders will immediately address any ethical dilemmas that may arise and ensure a successful strategy.

    Management needs to enhance the integrity and competence in trust level with employees and all stakeholders. Studies have shown that although employees have an accurate understanding about managers thinking that their relationships with the employees are positive, while managers have an inaccurate understanding about employees feeling negatively about their relationships with managers (Kim, 2003).

    High Performance Employees

    To ensure high performance in the work-place there needs to be high levels of adaptability, flexibility and involvement by both the employees and the employers, enhancing the contributions of everyone. Creating a positive work environment is crucial to obtain and keep high performances employees. High performance employees are attracted and kept by a company’s culture as well as high pay and benefits. By implementing programs to help the employee become more successful the employee will feel more bonded to a company (Ioma, 2004).

    Employee Satisfaction and Security

    Employees have a need for job security and the right to have fair wage and benefits. Employees should be able to trust their employers to protect their rights and needs (Boeree 2006). Global Communications has demonstrated poor communication about reducing costs by outsourcing, involving layoffs, and downsizing domestic calls centers, involving pay-cuts. This poor communication has eroded employee trust that somehow needs to be reestablished.

    Analysis of Alternative Solutions (Step 5)
    First, they plan to realize growth through the introduction of new services, primarily to its small business and consumer customers, who will now be served in both local and long-distance markets across the country. To compete with the local telephone and cable companies, Global has created alliances with a satellite provider to offer video services as well as a satellite version of broadband. Partnership with a wireless provider will allow the small business owner anytime Internet access using wireless telephone or PC cards. Even company information hosted in mainframes can be accessed remotely (UOP, 2006). As an alternative to the above, approach would be to keep the current services with a different marketing plan or new services to new customers.

    Second, the senior team has identified cost-cutting measures that will improve profitability. To maximize both of these initiatives, the company plans to market itself more aggressively on an international level with the goal of becoming a truly global resource (UOP, 2006). Global communications could, as an alternative to the above, merge or buy local cable companies. This would give them more access to services they do not currently provide. This move would also improve profit and raise share value.

    Narrowed List of Alternatives
    Global Communication's best solution would be to merge with an existing local cable company. This venture would give them access to their current customers but expand their customer base by adding the competing company's customers. This merger would increase their competitiveness, while at the same time, increase profit. It would also be beneficial for the organization to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge.

    Risk Assessment and Mitigation (Step 6)
    When it comes to risks, there are little to none in making a more positive work environment, yet this is still not an easy process and can create conflict. The training process could have more of a positive outcome, because the workers are not losing their positions but gaining new skills. In the merging with a cable company, there could only be that added customers as well as gaining new customers.

    Optimal Solution (Step 7)
    The above paragraphs go over the description of the solutions as well as covering the goals.

    Implementation Plan (Step 8)
    Global Communications will create or update the companies policies to reflect, there ethics and commitment to their customers as well as to their employees. Setting up training as well as a reward system for the employees who show excellence. A team will be created to research the surrounding cable companies and which ones would be approachable to merge with, as well what it would take to achieve this and then having them meet with the upper management weekly to give a progress report. They should have all the information gathered and the company should be able to choose and start the process of merging with a company within 6 months. Another team will be created to go over what type of training the employees would need to gain the skills that they do not have and the time frame needed to train them.

    Gap Analysis and Estimated Implementation Costs—Evaluation of Results (Step 9)
    There will be costs that will be directly involved in the research aspects, as well as in the training of the employees, and even in the workshops to help the laid off employees get new jobs and then in the merging with another company. After implementation there should be an increase of profit, at which time bonus can be given out.

    Conclusion
    In going through the background of global communications, looking at the issues as well as the opportunities (Maintaining a working relationship with the union and assisting the employees) verses the stakeholders perspectives (in implementing the plan and raising the stock prices) the best solution and most beneficial for the organization would be to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge. We have also looked at the alternatives, risks, as well as implementation and I believe that the solutions that have been presented are the best choices for the company. Even with the decision that Global Communications made it will not be an easy one, for individuals will still be losing their positions. It is important to look at the view of all parties involved. To see the whole picture, because if the wrong decision is mad

    What It Takes To Start And Run A Home Based Business Online
    People start a start a home based business online but 95% don't brake even and 3% of them brake even and the other 2% actually make a few bucks.Why are the numbers spread apart so far. There are several reasons. It could be the company that you are with. It could be your online marketing skills. But what it really boils done to is you. Are you discipline enough to do the daily duties of running a home based business? Have you written down some goals that you want to reach with your home based business?In the mid 19 hundreds a study was done on a graduating college class to find out how many of them had written goals out. They found only 3% of them actually had written down their goals. The interesting part of the study was done 20 years later. They found the same people in that study and found out that the 3% that had written out their goals where better off socially, mentally, and they where worth more financially than the 97% of the class put together. That is clear proof that goal setting could be the different in having a successful home based business.So to start and run a home based business online begins with goal writing. Then write down clear steps to follow, to reach those goals. Read them every day. This will help you stay on track and you will not give up so easy.Visualize where and how you want to live in 1, 5, 10, years from now. Role play this in your mind and put some feelings into this also. By doing this on a daily basis it will feed your desire to have
    ting more locally and globally…very different games.
    - Managing new partnerships effectively and profitably
    Opportunity Identification
    - Identify markets not currently served (or not served well) by their major competitors and fill that niche.
    - Assisting the employees that get laid off.
    - Nothing generates future success like current success. If their cost cutting and new competitive plan can improve the numbers, even for a quarter or two, the stock price should rebound a bit.
    - Improve their relationship with the union (long term) Identify markets not currently served (or not served well) by their major competitors and fill that niche.
    - Increase profits
    It is apparent that there is no concern, in the fact that the plan is to grow by serving current customers and that there is no mention of gaining new customers. How important is access to "company information hosted in mainframes" is to a small business owner, because the chances that any small business would have a mainframe computer would be slim. These new partnerships may hold the key, but again, they must be able to differentiate their offering or it will have little effect.

    Stakeholder Perspectives/Ethical Dilemmas

    Senior management presented the Board of directors a plan in which they are expecting to be implemented as proposed after it has been researched and analyzed sufficiently to ensure success, even if problems have occurred, they just need to inform the board of the adjustments that need to be made

    The union has an obligation to the employees, to protect their benefits, their rights and to ensure that they have a job. It is important and the union be informed every step of the way, what is going on with the agency and what is expected of the employees as the change is implemented.

    Problem Definition (Step 2)
    Global Communications has a lot of issues and opportunities, that can be focused on but there are a couple that could be focused in on the problem statement. In three years, Global Communications will be the leader in the industry by increasing their stock prices, lowering their over head costs, and showing a commitment to their customers as well as their employees. This will also help them meet their end state goals.

    End-State Goals (Step 3)
    When looking at the end-state goals the first would be profitability, because a business needs to succeed to survive. What may set Global Communications apart from its competitors is by establishing a new product. It is important of the organization to maintain employee morale, union relationships, as well as partner relationships, as they become the leader in the telecommunications industries.

    Alternative Solutions and Benchmarking Validation (Step 4)
    The alternative would be to minimize the number of jobs that are outsourced to India and keep as many of the jobs in house with the use of better communication skills.

    Employee Communications and Development

    Understanding the importance of excellent communication and development within a corporation is crucial. Global Communications needs to reestablish and open a line of communication within their organization and the Technologies Workers Union. This communication could resolve internal issues without destroying the organizations commitment or the employee commitment, if implemented properly. When employees feel that their psychological contract has been breached, especially involving issues around pay, communications and development a lower-level of job satisfaction and organizational commitment has been indicated (Pate, 2000).

    Employer/Employee Trust

    Communication and compromise are the keys to strengthening the bond between the stakeholders. Involving the stakeholders will immediately address any ethical dilemmas that may arise and ensure a successful strategy.

    Management needs to enhance the integrity and competence in trust level with employees and all stakeholders. Studies have shown that although employees have an accurate understanding about managers thinking that their relationships with the employees are positive, while managers have an inaccurate understanding about employees feeling negatively about their relationships with managers (Kim, 2003).

    High Performance Employees

    To ensure high performance in the work-place there needs to be high levels of adaptability, flexibility and involvement by both the employees and the employers, enhancing the contributions of everyone. Creating a positive work environment is crucial to obtain and keep high performances employees. High performance employees are attracted and kept by a company’s culture as well as high pay and benefits. By implementing programs to help the employee become more successful the employee will feel more bonded to a company (Ioma, 2004).

    Employee Satisfaction and Security

    Employees have a need for job security and the right to have fair wage and benefits. Employees should be able to trust their employers to protect their rights and needs (Boeree 2006). Global Communications has demonstrated poor communication about reducing costs by outsourcing, involving layoffs, and downsizing domestic calls centers, involving pay-cuts. This poor communication has eroded employee trust that somehow needs to be reestablished.

    Analysis of Alternative Solutions (Step 5)
    First, they plan to realize growth through the introduction of new services, primarily to its small business and consumer customers, who will now be served in both local and long-distance markets across the country. To compete with the local telephone and cable companies, Global has created alliances with a satellite provider to offer video services as well as a satellite version of broadband. Partnership with a wireless provider will allow the small business owner anytime Internet access using wireless telephone or PC cards. Even company information hosted in mainframes can be accessed remotely (UOP, 2006). As an alternative to the above, approach would be to keep the current services with a different marketing plan or new services to new customers.

    Second, the senior team has identified cost-cutting measures that will improve profitability. To maximize both of these initiatives, the company plans to market itself more aggressively on an international level with the goal of becoming a truly global resource (UOP, 2006). Global communications could, as an alternative to the above, merge or buy local cable companies. This would give them more access to services they do not currently provide. This move would also improve profit and raise share value.

    Narrowed List of Alternatives
    Global Communication's best solution would be to merge with an existing local cable company. This venture would give them access to their current customers but expand their customer base by adding the competing company's customers. This merger would increase their competitiveness, while at the same time, increase profit. It would also be beneficial for the organization to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge.

    Risk Assessment and Mitigation (Step 6)
    When it comes to risks, there are little to none in making a more positive work environment, yet this is still not an easy process and can create conflict. The training process could have more of a positive outcome, because the workers are not losing their positions but gaining new skills. In the merging with a cable company, there could only be that added customers as well as gaining new customers.

    Optimal Solution (Step 7)
    The above paragraphs go over the description of the solutions as well as covering the goals.

    Implementation Plan (Step 8)
    Global Communications will create or update the companies policies to reflect, there ethics and commitment to their customers as well as to their employees. Setting up training as well as a reward system for the employees who show excellence. A team will be created to research the surrounding cable companies and which ones would be approachable to merge with, as well what it would take to achieve this and then having them meet with the upper management weekly to give a progress report. They should have all the information gathered and the company should be able to choose and start the process of merging with a company within 6 months. Another team will be created to go over what type of training the employees would need to gain the skills that they do not have and the time frame needed to train them.

    Gap Analysis and Estimated Implementation Costs—Evaluation of Results (Step 9)
    There will be costs that will be directly involved in the research aspects, as well as in the training of the employees, and even in the workshops to help the laid off employees get new jobs and then in the merging with another company. After implementation there should be an increase of profit, at which time bonus can be given out.

    Conclusion
    In going through the background of global communications, looking at the issues as well as the opportunities (Maintaining a working relationship with the union and assisting the employees) verses the stakeholders perspectives (in implementing the plan and raising the stock prices) the best solution and most beneficial for the organization would be to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge. We have also looked at the alternatives, risks, as well as implementation and I believe that the solutions that have been presented are the best choices for the company. Even with the decision that Global Communications made it will not be an easy one, for individuals will still be losing their positions. It is important to look at the view of all parties involved. To see the whole picture, because if the wrong decision is ma

    Starting a New Business? Look Successful From Day One With Executive Office Space
    Expensive? No, it only sounds expensive. Actually executive office space or executive suites are nothing more than generic terms for a type of office space that doesn't require a long-term lease. But it is something you should know about. It can give your new company a successful established image from your first day.Consider this: You will have an office address in a classy building.Your executive office space will be right in the center of a city where the action is.You won't have to buy a single piece of furniture. Executive suites come furnished with everything you need. Executive office space is attractively designed and furnished to provide that all important image of success.Are executive suites really affordable for a new business?Absolutely yes! You minimize your capital outlay by not having to buy furniture, business machines or even hire a receptionist. Factor in all those savings and executive suites become an extremely economical option. Not to mention opening your business in a prestige location..Further more, not having to sign a conventional lease means that when your business expands and you outgrow your space, you simply move out. Or, better yet, your executive office space provider will probably be able to move you into a larger space in the same building, so there is virtually no interruption in business.When you know what to look for, giving your new business a successful image is easy. Just remember those two phrases, ‘executive suites’ or executive office space’. They will help give your business a successful s
    orale, union relationships, as well as partner relationships, as they become the leader in the telecommunications industries.

    Alternative Solutions and Benchmarking Validation (Step 4)
    The alternative would be to minimize the number of jobs that are outsourced to India and keep as many of the jobs in house with the use of better communication skills.

    Employee Communications and Development

    Understanding the importance of excellent communication and development within a corporation is crucial. Global Communications needs to reestablish and open a line of communication within their organization and the Technologies Workers Union. This communication could resolve internal issues without destroying the organizations commitment or the employee commitment, if implemented properly. When employees feel that their psychological contract has been breached, especially involving issues around pay, communications and development a lower-level of job satisfaction and organizational commitment has been indicated (Pate, 2000).

    Employer/Employee Trust

    Communication and compromise are the keys to strengthening the bond between the stakeholders. Involving the stakeholders will immediately address any ethical dilemmas that may arise and ensure a successful strategy.

    Management needs to enhance the integrity and competence in trust level with employees and all stakeholders. Studies have shown that although employees have an accurate understanding about managers thinking that their relationships with the employees are positive, while managers have an inaccurate understanding about employees feeling negatively about their relationships with managers (Kim, 2003).

    High Performance Employees

    To ensure high performance in the work-place there needs to be high levels of adaptability, flexibility and involvement by both the employees and the employers, enhancing the contributions of everyone. Creating a positive work environment is crucial to obtain and keep high performances employees. High performance employees are attracted and kept by a company’s culture as well as high pay and benefits. By implementing programs to help the employee become more successful the employee will feel more bonded to a company (Ioma, 2004).

    Employee Satisfaction and Security

    Employees have a need for job security and the right to have fair wage and benefits. Employees should be able to trust their employers to protect their rights and needs (Boeree 2006). Global Communications has demonstrated poor communication about reducing costs by outsourcing, involving layoffs, and downsizing domestic calls centers, involving pay-cuts. This poor communication has eroded employee trust that somehow needs to be reestablished.

    Analysis of Alternative Solutions (Step 5)
    First, they plan to realize growth through the introduction of new services, primarily to its small business and consumer customers, who will now be served in both local and long-distance markets across the country. To compete with the local telephone and cable companies, Global has created alliances with a satellite provider to offer video services as well as a satellite version of broadband. Partnership with a wireless provider will allow the small business owner anytime Internet access using wireless telephone or PC cards. Even company information hosted in mainframes can be accessed remotely (UOP, 2006). As an alternative to the above, approach would be to keep the current services with a different marketing plan or new services to new customers.

    Second, the senior team has identified cost-cutting measures that will improve profitability. To maximize both of these initiatives, the company plans to market itself more aggressively on an international level with the goal of becoming a truly global resource (UOP, 2006). Global communications could, as an alternative to the above, merge or buy local cable companies. This would give them more access to services they do not currently provide. This move would also improve profit and raise share value.

    Narrowed List of Alternatives
    Global Communication's best solution would be to merge with an existing local cable company. This venture would give them access to their current customers but expand their customer base by adding the competing company's customers. This merger would increase their competitiveness, while at the same time, increase profit. It would also be beneficial for the organization to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge.

    Risk Assessment and Mitigation (Step 6)
    When it comes to risks, there are little to none in making a more positive work environment, yet this is still not an easy process and can create conflict. The training process could have more of a positive outcome, because the workers are not losing their positions but gaining new skills. In the merging with a cable company, there could only be that added customers as well as gaining new customers.

    Optimal Solution (Step 7)
    The above paragraphs go over the description of the solutions as well as covering the goals.

    Implementation Plan (Step 8)
    Global Communications will create or update the companies policies to reflect, there ethics and commitment to their customers as well as to their employees. Setting up training as well as a reward system for the employees who show excellence. A team will be created to research the surrounding cable companies and which ones would be approachable to merge with, as well what it would take to achieve this and then having them meet with the upper management weekly to give a progress report. They should have all the information gathered and the company should be able to choose and start the process of merging with a company within 6 months. Another team will be created to go over what type of training the employees would need to gain the skills that they do not have and the time frame needed to train them.

    Gap Analysis and Estimated Implementation Costs—Evaluation of Results (Step 9)
    There will be costs that will be directly involved in the research aspects, as well as in the training of the employees, and even in the workshops to help the laid off employees get new jobs and then in the merging with another company. After implementation there should be an increase of profit, at which time bonus can be given out.

    Conclusion
    In going through the background of global communications, looking at the issues as well as the opportunities (Maintaining a working relationship with the union and assisting the employees) verses the stakeholders perspectives (in implementing the plan and raising the stock prices) the best solution and most beneficial for the organization would be to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge. We have also looked at the alternatives, risks, as well as implementation and I believe that the solutions that have been presented are the best choices for the company. Even with the decision that Global Communications made it will not be an easy one, for individuals will still be losing their positions. It is important to look at the view of all parties involved. To see the whole picture, because if the wrong decision is ma

    The Right Financial Advisor for You
    Financial Advisors come from varied backgrounds, wear different hats and offer vastly different services. So, that begs the question, “What makes an advisor from Merrill Lynch, or UBS, or MetLife, or another firm, big or small, different from any other?”That's a great question – one I get asked all the time. But, the question I often sense lurking well below the surface is one far more rarely asked, if ever. That question is, ... “Who is the right advisor for me and my family?”Slick slogans and fancy websites aside, one thing is sure. It's way harder than ever before to determine who's who in the financial industry and answer that question.Just a few short years ago there were clear differences between financial service firms, their representatives and the services they offered. Banks existed to help consumers save money or get loans. Stock brokers worked for wirehouses and broker/dealers and sold securities. Mutual Funds sold shares directly or through their own sales representatives. And, insurance companies sold insurance through their agents.Today, once clear lines have evaporated. Now, there is one broad, and somewhat murky, financial services sector populated with many types of financial service providers and many types of financial advisors. The relaxation of industry regulations, industry consolidation, the subtle, and ongoing, shift from transaction based business to fee based business, and the trend toward small independent firms has produced a whole new playing field. Most firms, large and small, and their advisors now offer a vast mix of products and services from banking to investments, tax planni
    by outsourcing, involving layoffs, and downsizing domestic calls centers, involving pay-cuts. This poor communication has eroded employee trust that somehow needs to be reestablished.

    Analysis of Alternative Solutions (Step 5)
    First, they plan to realize growth through the introduction of new services, primarily to its small business and consumer customers, who will now be served in both local and long-distance markets across the country. To compete with the local telephone and cable companies, Global has created alliances with a satellite provider to offer video services as well as a satellite version of broadband. Partnership with a wireless provider will allow the small business owner anytime Internet access using wireless telephone or PC cards. Even company information hosted in mainframes can be accessed remotely (UOP, 2006). As an alternative to the above, approach would be to keep the current services with a different marketing plan or new services to new customers.

    Second, the senior team has identified cost-cutting measures that will improve profitability. To maximize both of these initiatives, the company plans to market itself more aggressively on an international level with the goal of becoming a truly global resource (UOP, 2006). Global communications could, as an alternative to the above, merge or buy local cable companies. This would give them more access to services they do not currently provide. This move would also improve profit and raise share value.

    Narrowed List of Alternatives
    Global Communication's best solution would be to merge with an existing local cable company. This venture would give them access to their current customers but expand their customer base by adding the competing company's customers. This merger would increase their competitiveness, while at the same time, increase profit. It would also be beneficial for the organization to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge.

    Risk Assessment and Mitigation (Step 6)
    When it comes to risks, there are little to none in making a more positive work environment, yet this is still not an easy process and can create conflict. The training process could have more of a positive outcome, because the workers are not losing their positions but gaining new skills. In the merging with a cable company, there could only be that added customers as well as gaining new customers.

    Optimal Solution (Step 7)
    The above paragraphs go over the description of the solutions as well as covering the goals.

    Implementation Plan (Step 8)
    Global Communications will create or update the companies policies to reflect, there ethics and commitment to their customers as well as to their employees. Setting up training as well as a reward system for the employees who show excellence. A team will be created to research the surrounding cable companies and which ones would be approachable to merge with, as well what it would take to achieve this and then having them meet with the upper management weekly to give a progress report. They should have all the information gathered and the company should be able to choose and start the process of merging with a company within 6 months. Another team will be created to go over what type of training the employees would need to gain the skills that they do not have and the time frame needed to train them.

    Gap Analysis and Estimated Implementation Costs—Evaluation of Results (Step 9)
    There will be costs that will be directly involved in the research aspects, as well as in the training of the employees, and even in the workshops to help the laid off employees get new jobs and then in the merging with another company. After implementation there should be an increase of profit, at which time bonus can be given out.

    Conclusion
    In going through the background of global communications, looking at the issues as well as the opportunities (Maintaining a working relationship with the union and assisting the employees) verses the stakeholders perspectives (in implementing the plan and raising the stock prices) the best solution and most beneficial for the organization would be to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge. We have also looked at the alternatives, risks, as well as implementation and I believe that the solutions that have been presented are the best choices for the company. Even with the decision that Global Communications made it will not be an easy one, for individuals will still be losing their positions. It is important to look at the view of all parties involved. To see the whole picture, because if the wrong decision is ma

    Building Staff Into A Team
    Suppose you’ve made the effort to decide what kind of people you’re seeking for your business, and you’ve even gone to the trouble of making sure you hire staff who match those criteria. Is that enough? No it’s not. As the business leader, your last critical activity is to build staff into a team, and there are four areas you should address to accomplish this.TELL ‘EM WHAT’S GOING ON Whether a business is large or small, communication is always at the top of staff complaints. Most bosses assume this means they should talk more, but that’s only a small percentage of it. When you hire good people, one of the characteristics that makes them “good” is that they want to know they’re making a difference. How will they know they are doing that? They’ll know it when you build a system to keep them abreast of how the business is doing. Now, you don’t have to tell them everything, but you should keep them informed of the important stuff. “Like what?” you ask?Well, how about the challenges the business is facing, new procedures you’re considering, or new twists the market is taking. You might let them know when you or other leaders are going to take time off, and even give them a little report when you get back. Tell them honestly how their work is affecting the success of the business; people want to know when they’re doing things right. By the way, if there are bad things going on, focus on the effect of those bad things (gossip, customer service issues, incomplete work) rather than pointing out individuals and ‘hanging it on them’. There IS a time to do such a thing, but it’s when you’re meeting one-on-one with the
    e company, there could only be that added customers as well as gaining new customers.

    Optimal Solution (Step 7)
    The above paragraphs go over the description of the solutions as well as covering the goals.

    Implementation Plan (Step 8)
    Global Communications will create or update the companies policies to reflect, there ethics and commitment to their customers as well as to their employees. Setting up training as well as a reward system for the employees who show excellence. A team will be created to research the surrounding cable companies and which ones would be approachable to merge with, as well what it would take to achieve this and then having them meet with the upper management weekly to give a progress report. They should have all the information gathered and the company should be able to choose and start the process of merging with a company within 6 months. Another team will be created to go over what type of training the employees would need to gain the skills that they do not have and the time frame needed to train them.

    Gap Analysis and Estimated Implementation Costs—Evaluation of Results (Step 9)
    There will be costs that will be directly involved in the research aspects, as well as in the training of the employees, and even in the workshops to help the laid off employees get new jobs and then in the merging with another company. After implementation there should be an increase of profit, at which time bonus can be given out.

    Conclusion
    In going through the background of global communications, looking at the issues as well as the opportunities (Maintaining a working relationship with the union and assisting the employees) verses the stakeholders perspectives (in implementing the plan and raising the stock prices) the best solution and most beneficial for the organization would be to retrain as many of the employees they have instead of outsourcing. These employees have the knowledge of the organization and that can be an asset that can be utilized and in laying off the employees the organization would be losing this edge, because the new employees would not have this same knowledge. We have also looked at the alternatives, risks, as well as implementation and I believe that the solutions that have been presented are the best choices for the company. Even with the decision that Global Communications made it will not be an easy one, for individuals will still be losing their positions. It is important to look at the view of all parties involved. To see the whole picture, because if the wrong decision is made, the organization could fail or for that matter even if it is the right decision it can still fail. They need to find the right edge that their competitors do not have, which may seem to be a simple solution, but it is only simple in the words alone.

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