Like most technology industries, the telecommunications business is experimenting major changes. Too much competition by the cable companies who move in to provide complete solutions packages containing computers, televisions, and telephone services has reduced the market and profits of old telecommunications companies. To remain competitive communication companies need to implement drastic and creative solutions. Global Communications (GC) is not the exception and its management has devised some radical solutions due to strong stockholders pressure. The goal of
Situation AnalysisIssue and Opportunity IdentificationThere are several issues that
As the union learned of the planned reduction in the workforce, they have become justifiably agitated.
2- Vanishing stockholder confidence. There are several reasons for the this low confidence; first, reduction of stock price in the past years, second, strong new competition, third, the need for financial resources to implement the growth strategy, and last, but not less the union unrest.
3- Increased competition. The cable companies entering
4- Cultural differences. As