The Effects of Economic Pressures

The Effects of Economic Pressures

  • Submitted By: dicko2
  • Date Submitted: 09/05/2008 8:47 AM
  • Category: Business
  • Words: 1025
  • Page: 5
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GAP ANALYSIS: GLOBAL COMMUNICATIONS









Gap Analysis: Global Communications
Elena Brooks
University of Phoenix


Gap Analysis: Global Communications
Introduction
In today’s rapidly changing global environment, understanding the dynamics of the telecommunication industry can be challenging. In understanding the challenges, the balance between effective communication, ethical dilemma, conflicts and negotiation can often mean difference between success and failure of a company.
In depth research was done to determine how Global could achieve their end-state vision, to learn how business operates in a competitive environment, and the experience of outsourcing. It also demonstrates how successful mangers must function in a competitive world.

Situation Analysis
Issue and Opportunity Identification
The effects of economic pressures have played a critical role in the instability of Global Communications. There could be no prediction as to the outcome of any long-term and forecasts that was set for the company. With the high level of competition in the industry, Global Communications was not prepared and did not have a strategic plan to facilitate the saturation.

Stakeholder Perspectives/Ethical Dilemmas
The right of the union to negotiate effectively to establish a win-win situation is being compromised by Global disregarding prior decisions made by the union to give up benefits in order to assist Global to achieve its long-term growth. However, Global will be cutting jobs and to outsource to Ireland and India, which is clearly an unethical move and as a result there will be no trust in the company, and the integrity of the company will be lost to the employees, as there exist no display of fairness in their plan. “Business ethics, has to do with the autencity and integrity of the enterprise. To be ethical is to follow the business as well as the cultural goals of the corporation, its owners, its employees, and its customers.”...

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