Global Communications Gap Analysis Essay
The confidence in the entire telecommunications industry is diminishing. Stockholders are realizing diminishing returns on their investment and are having doubts about the industry?s ability to regain past levels of profitability. Telecommunications companies are experiencing losses due to high levels of competition for the consumer dollars available. Cable companies have been allowed into the market to provide a single provider solution for television, broadband internet, and two-way voice communication. The leadership of Global Communication has the challenge before them of turning the declining profits of the previous three years into gains.
Issue and Opportunity Identification …show more content…
The senior leadership team also has several areas of responsibility. They must first of all answer to the board of directors as to how they are following the policies and goals as given by the board. They also have a personal stake in the success of the company in the form of compensation. They also have a responsibility to treat the employees fairly, ethically, and manage within the boundaries of labor law.
The union employees who make up the majority of Global Communications workforce have a responsibility to perform their assigned task in a timely and workmanlike manner to the best of their ability. They have a right to fair compensation for the work performed under the contract agreed upon between union leaders and Global Communications.
Global Communications has the goal of becoming