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Essay / Research Paper Abstract
A 6 page paper providing a gap analysis for a fictional company that has determined to move much of its technical staff overseas. The company has a great opportunity before it to actively demonstrate to all employees that it truly cares about them and their futures. While this demonstration is important for departing employees and the communities in which Global operates, it is equally important for those remaining in the employ of Global Communications. Bibliography lists 6 sources.
Page Count:
6 pages (~225 words per page)
File: CC6_KSmgGloComGap4.rtf
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Unformatted sample text from the term paper:
come to understand that it is no longer effective in its industry operating as it has in the past. The companys markets and customers have changed, and with the
introduction of various types of competitors, so has its industry. It has determined that it should divide its operations and move a significant portion to sites in Ireland and
India, where it can gain greater technical expertise for direct customer questions at total costs lower than what is currently required to provide less service to customers (Kuszewski, Prakash-Mani and
Beloe, 2004). Situation Background Global Communications industry has been declining for some time (Porter, 1998). Investor confidence has declined along with the
industrys opportunities and returns, directly affecting the capital available to Global Communications management. The companys stock traded at $28 three years earlier, but currently it trades at only $11.
This represents a decline in market capitalization of more than 50 percent, and of course Global Communications cannot merely issue additional stock as a means of increasing market capitalization.
The company has formulated a strategic plan that senior management believes will provide the means for company to grow and to compete effectively.
Horngren, Sundem and Stratton (2002) provide a view of the alternatives available to organizations in Global Communications position, which is need to increase profitability: reduce costs, increase revenues and
operate with greater internal efficiency. Global Communications has devised a strategic plan enabling it to address all three fronts simultaneously. The problem is that implementing the shift will
create ill will with many employees and their union, and is likely to generate a good deal of negative publicity for Global Communications if not handled well (Kuszewski, Prakash-Mani and
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