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Essay / Business Analysis of Global Communications - 1723
Business Analysis of Global CommunicationsSituation Analysis and Problem StatementThis article will examine the scenario relating to global communications. I will identify five problems and opportunities surrounding this business. Additionally, I will examine the stakeholder's perspective and each person's interest, rights, or value in this scenario, as well as any ethical dilemmas that may have arisen. From there, I will provide a problem statement that presents opportunities for future consideration. Next, I will describe the end goals that I have identified. Finally, I will summarize my findings in the conclusion. In any situation analysis and problem statement, we need to have relevant background information to better understand the situation. Let's take a closer look at the subject. Situation Background (Step 1) Global communication is part of the telecommunications industry. It's an industry that is quickly becoming obsolete. Change is necessary if the company wants to stay in business. There are several factors that explain why the company must use various strategic tactics to survive. Here are some of the issues facing Global Communications. Identifying Problems The obvious problem is that the telecommunications field is in decline. This is mainly due to increased competition. Specific markets that can deliver the service more efficiently and offer incentives are more attractive to existing and potential customers. In order to maintain competitiveness, overhead costs may need to be reduced while maintaining a certain level of productivity. This refers to the downsizing of Global Communications. This includes layoffs, employee relocation, salary reductions and outsourcing. These are all tricky questions that the company wants to avoid, but none can be overlooked if the survival of the company is at stake. With the idea of outsourcing, another problem is strongly linked. This is the need for improvement in international markets. Where outsourcing can prove vital in reducing labor cost, it is also necessary to establish a market base on a global scale. While the focus is on moving jobs domestically, one issue that could hurt Global Communications' plans is a backlash from unions. Early interpretations and understandings of an agreement in relation to the current need for change for the company to grow, have left the union and its members somewhat betrayed. Not being fully aware of what was going to happen damaged what was considered a good working relationship..