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Thursday, April 4, 2013

Global Communications Problem Solution

Global Communications is a leader in the communications manufacturing and is under strict competition against other telecommunication companies. The victimization of new technology and emerging companies in the telecommunication commercialize is make prices to drop. With the development of new technologies, upgrades to the current standard service are needed in separate to stay hawkish in the telephony, video, and internet access requirements (Balkin, Gomez-Mejia, 2002).

Global Communications is experiencing fiscal difficulties, besides there is a plan in location to maintain a competitive advantage by implementing a strategy to move the company into a global market. The major(postnominal) Management team up is executing a plan to increment the customer base, upgrade technologies, reduce overhead, and extend services to diametric areas around the world. There are challenges ahead for Global Communications, but its success is sure to come (Balkin, Gomez-Mejia, 2002).

Situation AnalysisIssue and Opportunity IdentificationThe puzzle statement for Global Communications is to become more juicy and increase global market-share while staying competitive and increasing their fruit innovation. Currently, revenue is down while competition is high. The effect of this is causing the stock value of the company to drop more than one-half in a year?s timeframe (Balkin, Gomez-Mejia, 2002).

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In order of magnitude to become competitive and global within the next three years, senior focussing has developed a strategic plan. Locally, this team is looking to grow by implementing new telecommunication technology by providing new services and working with satellite as well as wireless providers. For cost reduction, senior management has created an action plan to outsource small business variance call centers to India and Ireland. Due to the outsourcing of jobs overseas, local employees will need to be laid-off or be relocated to the consumer center with a pay cut. This will cause the employee morale to decrease, and result in a reduction...

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