Running head: GAP ANALYSIS: GLOBAL COMMUNICATIONS
Gap Analysis: Global Communications
Mara Santiago
University of Phoenix
Gap Analysis: Global Communications
The rapid growth of the telecommunication industry has provoked many changes.
Global Communications has acknowledged that in order to stay competitive and meet its consumers’ demands, the company would need act very quickly and need to develop and incorporate strategic solutions. Global Communications is aware of the fact that they need to expand their business overseas in order to become a stronger competitor.
The stockholders are expecting more and more from the telecommunication industry, and Global Communications is no exception. The decrease of the stock value by more than 50 percent a few years ago has put a great amount of pressure on Global Communications. The huge pressure has caused the company to respond by developing an aggressive approach to turn things around and become more profitable & competitive.
My goal is to analyze the problems that Global Communications is facing and analyze the proposed solutions. I also hope to be able assess the outcome of the proposed solutions and be able to suggest other solutions as needed.
Situation Analysis
Issue and Opportunity Identification
The number one factor is that Global Communications’ stock depreciated by more than 50 percent recently. The depreciation has caused stockholders to be worried with just cause and to have doubts about the company’s ability to recuperate. The added pressure by stockholders has become a major concern for the company. In order to deal with it, Global Communications will need to put team together to develop innovative solutions and ideas.
Global Communications’ main priority is to stay competitive and meet consumers’ demands and increase its profits, therefore making stockholders happier. Global Communications’ proposed solution is to outsource its business to Ireland and...