Global Communications
By: Stenly • Research Paper • 3,085 Words • November 16, 2009 • 1,101 Views
Essay title: Global Communications
Global Communications is a corporation that is in a transitional period in its life. The industry is changing and Global Communications needs to rise above the rest and become a leader as they have in the past. Many problems arise with becoming an industry leader, but with analysis and hard work Global Communications will become an industry leader not only in communications but an industry leader on how to run a major corporations.
Global Communications is facing a changing market. Three years ago Global Communication’s stock traded at $28 per share. Today it trades at $11 per share. The problem is competition. Phone companies are competing for the same consumers for local, long distance and international services. Cable companies are offering package deals that include the consumers telephone, cable television, and Internet services. Global Communication will implement the following plan to insure its viability.
Situation Analysis
Issue and Opportunity Identification
Global Communications is facing a changing market. Three years ago Global Communication’s stock traded at $28 per share. Today it trades at $11 per share. The problem is competition. Phone companies are competing for the same consumers for local, long distance and international services. Cable companies are offering package deals that include the consumers telephone, cable television, and Internet services. Global Communication is also facing a crisis of the bottom line. If they do not decrease the overhead and increase the profit margin they will not be in business long.
Stakeholder Perspectives/Ethical Dilemmas
The stakeholders in this scenario all have interests, rights, and values. The main stakeholders in this scenario are the senior executives at Global Communications, the Technologies Workers Union employees who work for Global Communication and the union workers who work for the other competing corporations. The consumers are another set of stakeholders in this scenario. All three of these groups can be broken down into smaller groups, or even can include just on individual. All the stakeholders in this scenario have rights, values, and interests, and some other the rights, values, and interests compete with each other for the end goals.
Maria Antez is the Vice President and liaison to Global Communications. On a personal level she feels defeated due to the outcome of the last contract negotiations is which the union workers lost some of their educational and health benefits. Maria values her appearance in the professional world, and has an interest in making sure that she does not lose any further benefits or other concessions in future negotiations. Maria also knows that she needs to maintain a working relationship with Global Communications executives. Maria believes that she had the right to be a part of any strategic discussions involving the union workers. “Conflict is a process in which one party perceives that its interests are being opposed or negatively affected by another party” (Kinicki & Kreitner, 2003, p. 486) Katrina Heinz is the CEO of Global Communications; her interests lay with the stockholders and the members of the board to which she reports. She values her appearance and needs to make sure that is getting financial results as quickly as possible to prove to the stockholders and the members of the board that they made the right decision in hiring her to run Global Communications. Katrina believes that the union workers will go with their idea because it will save the company and increase jobs. While this may be the case the union feels left out and that they are being not only taken advantage of but that their input to the situation is not valuable.
Problem Statement
Global Communications will improve communications and continue to grow to become an industry leader in telecommunications by increasing profitability and retaining it best employees.
End-State Vision
Global Communications is an industry leader because of their employees and superior products. They treat everyone with respect and open communication. They have decreased employee turnover by offering non-monetary incentives such as employee discounts of goods and services that Global Communications offers, and its industry partners offer. Its partnerships with other companies have increased its profitability by decreasing its overhead. For example, the alliance with a satellite company has allowed Global Communications not to launch and maintain its own satellite, which in turn saves millions. Its new calling centers in India and Ireland has become a huge success because of a benchmarking technique used. They have realized the communication problems between customer and call representative