Situation Analysis and Problem Statement: Global Communications Increasing competition and rapid changes in the business world have made organizations re-think about their strengths and core competencies. The growth in off shore outsourcing has exploded in size as companies have sought lower labor costs and sophisticated technologies (Pfannenstein & Tsai, 2004). According to McKinsey Global Institute, the estimated offshore outsourcing activities will increase by 30 to 40% a year for the next
globalization, one of the most important being job outsourcing. While at first glance and from what the media reports, job outsourcing is definitely not healthy for the economy. However on upon closer inspection, the reverse may be true. Job outsourcing, though initially stressing on the workforce, is helpful in creating a strong economy. Job outsourcing creates an initial job loss to the area in which it concerns. This happens because in a global economy, the idea is to move ones workforce to
I chose outsourcing. Outsourcing has positive and negative impacts on the global business world. When thinking about outsourcing there are quite a few aspects that have many sides. Outsourcing has been known all over the world. In reviewing outsourcing you must take into consideration every single detail that is involved into making outsourcing what it has become today. As you continue to read this paper you will learn how outsourcing has changed lives for better and for worse. Outsourcing has been
Outsourcing has become a predominant issue among many domesticated American companies. Unlike the popular opinion which supports outsourcing, transferring American work to foreign countries have serious lasting consequences on the American economy. High unemployment is one of the major contributions that arises from sending manufacturing and labor jobs overseas. The lack of available work has a slippery slope effect on many other occurring problems that Americans face today. With less available work
the ethical and financial problems Global Communications faced prior to senior staff introducing a two-pronged aggressive approach. I will identify the issues and opportunities faced by Global Communications followed by the stakeholder perspective and end-state vision. A gap analysis is also included for Global Communications explaining where the company is today and where they would like to be. Situation Analysis Issue and Opportunity Identification Global Communications has become aware of some
Outsourcing is a business trend that has shown great growth over the last few years. Outsourcing in the United States dates back decades, but did not become a major movement until the 2000’s after NAFTA was formed, with the biggest growth seen in recent years, as stated before. Outsourcing is defined as an arrangement in which one company provides services for another company that could also be or usually have been provided internally. Outsourcing happens for a variety of reasons. Among them are
Disadvantages Decline of Innovation Abilities One of the main risks of producing abroad would be the loss of product innovation skills itself and capabilities slowly leading to the decline in their competitive edge. Pisano and Shih (2012a) have argued that “mass migration of manufacturing has seriously eroded the domestic capabilities needed to turn inventions into high-quality, cost-competitive products...”. Looking at Kodak, back in the 1960’s and 1970’s it’s profits were from the sale of colour
Gap Analysis: Global Communications Falling stock prices for three consecutive years has forced Global Communications to revamp itself. (UOP, 2004) This gap analysis will illustrate the internal and external struggles that are straining GC. Table 1 highlights the issues surrounding the conflicts at GC and also offers up opportunities for the company. Table 2 showcases the stakeholders in this struggle and their interests. Table 3 outlines end goals for GC to insure its survival. Situation
The Outsourcing Dilemma Introduction According to Daniel W. Drezner, Assistant Professor of Political Science at the University of Chicago and author, "Outsourcing actually brings far more benefits than costs, both now and in the long run. If its critics succeed in provoking a new wave of American protectionism, the consequences will be disastrous for the U.S. economy and for the American workers they claim to defend." (Drezner, 2004) History is in the making as we listen and read about the
business on a global scale. However, when conducting business with different cultures, you risk different ethical standards. Companies should be accountable for ensuring their product or services can be received by the consumer in good conscience, void of human ethics violations, regardless of where the product or service originates; and consumers should not patronize companies that cannot ensure this trust. This paper provides rhetorical analyses of two presentations pertaining to outsourcing. Neither