Monday, February 25, 2013

Weymouth Steel Corporation

Synopsis: Strategic Issues and Problems
Due to the cyclical business of brand name industry, Weymouth Steel Corporations business is going to decrease, and its hard for the alliance to compete with other corporations. It demand to good deal up a new production system and indulge environmental protection standards. Due to the cost-cutting effort, the social club has closed roughly factories and cut unnecessary expenses. It plans to lay-off some employees. In addition, the company needs to increase salaries and improve benefits for some of the remain employees. Therefore, the company is computing out how to convey this good news show and bad news to its workers.

Analysis and Evaluation
While Weymouth has to lay-off thousands of employees, it plans to increase salaries and improve benefits for others. On iodin hand, its necessary for the company to downsize to save the company in this tough time. On the other hand, offering a expose policy for remaining workers may conflict with the cost-cutting effort, but gratifying workers smoke benefit companys long-run business.

transfer these messages plays an important role in companys success. If the company has a good solution, it behind soften the anger of those who derive fired, and make the remaining workers work effectively.

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However, an ineffective solution can depress people who are fired and worry the remaining employees, so it may create an ineffective working environment.

Alternatives
The company has at least two alternatives to deal with this problem. First, it should live with face to face group meetings to convey the bad news, and email the good news to those whose salary and benefits are going to improve. The advantages of this alternative are viewing sympathy with people getting fired, and saving time for move the good news. The disadvantage is that people who get fired can get angry when they are in group.

Second, the company could have a dinner for all employees to appreciate their contribution, proclaim the current...If you need to get a full essay, order it on our website: Orderessay



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