Problem Solution: Global Communications
...Hosea Rodgers III
University of Phoenix
MBA 500
Lisa Browning
January 30, 2007
Problem Solution: Global Communications
Global Communications has spent many years at the top of the telecommunications industry. These are new times and new companies have caught up with Global communications and some have passed them along the way. They are dealing with heavy competitors in the market. Sales have been lackluster and poor returns have the company wanting to restructure. The most noticeable decline is the decline of stock prices, which is more than 50% in the past three years. This problem has stockholders wondering if Global Communications can exist in the new world. Global Communications decision to outsource thousands of jobs to India and Ireland is difficult because of the loyalty employees have given throughout the years. Huge layoffs and a decrease in employee health/education benefits will create uproar in this once great company.
Global Communication has disregarded the Union in this process. The Union is agitated by Global Communications failure to recognize them as a partner. The Union would have like to know about the decision to outsource, since it greatly affects them. In the UnionĀfs eyes, Global Communications did not assess all options. The Union feels like the contract was manipulated. Since the change will affect the Union, they have opted to take legal action against Global Communications.
Global Communication is up against heavy competition in the telecom industry. There are cable companies who offer more complete packages to consumers. Companies have packages that include, telephone service, computers,...
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