Gap Analysis: Global Communications
Gap Analysis: Global Communications
Global Communications is finding itself a victim of modern day progress. Not being profitable creates problem and generates a huge downward spiral. Sales start to slow, creating less profit for the company. This in turn, creates doubt with investors. As a result, stock prices drop and ultimately, the future of the company is questioned. Global Communications is actively looking at solutions to this problem. By addressing this now, the company will have a very active future for employees and consumers.
Situation Analysis
Issue and Opportunity Identification
In recent years, technology has moved forward at an incredible speed. This has allowed many different players to compete with in the telecommunications industry. Not only are the typical companies fighting for the market, the cable companies have adapted and are cutting into the market as well. Global Communications determined that this type of competition has depreciated stock prices and has made the company investigate different methods to increase profitability. Global Communications must alter its business model to allow for modern growth. Shipping jobs overseas would help alleviate some of the financial pressures that the company is facing at the moment. At the same time, they must find a way to create more revenue. With some help, Global Communications can tap into the small business and consumer market, ultimately expanding world wide.
Stakeholder Perspectives/Ethical Dilemmas
There are several different stakeholders that are affected by the current problems facing Global Communications. The Board, stock holders, se ...