Friday, November 29, 2019
Shui Fabrics Essay Example
Shui Fabrics Essay Thisà case is aboutà the implementation of anà employee involved and empowered organizationà atà Elektra ProductsInc. The top management recommendedà to implement such as to permit managers to follow a product from design to sales to customer; allow sales employees to get an on the spot refund of $500 worth of merchandise; make information available to sales people about future products and swap sales and manufacturing employeesà for short periods to let them get to know one anotherââ¬â¢s job.Read alsoà ANALYSIS OF OUR SECRET BY SUSAN GRIFFINOn the other hand theà majority of the company employees upon hearing of the plan have shown disinterest and scepticismà to the idea,à due to would like to implement as per the Director of the Human Resources Department the idea for personal change would everyoneââ¬â¢s low morale, loss of trust towards the company andà lack of communication. Theà employees are not open to embrace the change that the company destr oy the carefully crafted job categories that had just been completed.The finance department argued that allowing sales people to make $500 refunds would create a goldmine for unethical customers and sales people and the legal department warned that providing such information to sales people can result to industrial spying. All these were mentioned by the employees after the CEO Martin Griffin left to attend a meeting for a particular client.Barbara Russell the vice president of the manufacturing department and part of the problem solving team is left with the idea whether to keep her mouth shut; take a chance and confront Martin to push slowly for the reform and work for gradual support from other teams; or look for another job and leave the company she really cares about. II. Objectives Theà objectives of theà problem are toà provide a successfulà action planà towardsà theà involvement and empowerment of the company employees and to establish a harmonious relationship à with all the employees and top management. Case Study:à Shui FabricsI. Statement of the Problem: Rockyà River Industries is thinking of cancelling titââ¬â¢s joint venture with Shanghai Fabric Ltd. , due toà itsinefficient 5% ROI for the past three years,à Rockyà River Industriesà is expecting Shui Fabrics to 20% ROI. Shui Fabricsà was said to be inefficient due to its unsophisticated technology andà Rockyà Riverà would like to reduce workforceà by incorporating more sophisticated machineryà to increase ROI to 20%. II. Objectives Theà objective of the problem is to determine possible solution to keep the joint venture of Rocky River andShanghai Fabric. IV.Framework of Analysis/Evaluation of Alternative Actions: Strengthsà (Internal to the organization) Shanghai Fabricà contribution to the local economy Helps decrease unemployment rate in China Weaknessesà (Internal to the organization) Company generates just the right level of profit, and had been consistently at 5% ROI Opportunitiesà (External to the organization) Competitors are using more sophisticated technology that doesnââ¬â¢t require more workforces Threatsà (External to the organization) Importation of products and services from America to China can also be localized Current US tariffs and quotas could change at any timeStrengths-Opportunities Upgrading or incorporating more sophisticated machinery will increase efficiency and productivity, it will also helpà Shanghai Fabricà compete with local and international competitors and more business joint ventures with other organization. Thus implementing this will help in increasing the employment rate and avoid workforce lay-off. Strengths-Threats By strengtheningà Shanghai Fabricà it will help their company grow and not need a 50-50 joint venturethatà will give them 100% profit. Weaknesses-Opportunities Updating their machineries will increase the companyââ¬â¢s return
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.