I. Description of crises The crisis is about an offensive comment against president Obama due to his speech on a recent school shooting, through the Facebook company account with 30,000 follower.one of the social media’s employee was posting this comment (Even his grandmother knew how bad he would be, she made sure she died before he became present) on his personal account but unexpectedly he posted it on a company account. Though he deleted the comment after 5 minutes but it was too late for him to remove it from there because it spread out rapidly and broadly on-line. The problem is that this post significantly affected on the company reputation. Also company has many costumer and it has been in operation for approximately 50 years, and has a global customer base. Costumers believe that this is a company’s opinion since it is posted on the company Facebook account. But in fact this is an employee opinion and his reaction toward the president speech on gun regulation. II. Problem statement We have to evaluate the crisis situation and make assessment of the information which come from the social media member. One of the main challenge that this company will face is losing a good reputation of company and this firm globally will be known. III. Potential solution There are many plans that the company CEO should make in order to find the effective and potential solution for this problem. • Create a team that members should include the social media and some of the
Due to the recent economy situation and ever challenging business environment, for the whole of last year, the company recorded cost hike and sales decline. This has impacted the bottom line (profitability) of the company. The top management sees that urgent action plans need to be put in place for continuous survival of the company.
Firstly the organization needs to identify and analyze the interests of various stakeholders. Ones the identified and analyzed an understanding of their interest is taken into consideration. The interest are not always meant to hinder the prosperity of the organizations others are meant to make business run smoothly without major problems hence all the interest considered and filtered. Stakeholders are analysed and then the most affected will be decided through a forum of dialogue on how to go about the problem can be discussed. Another way hat stakeholders can be brought at board to be part of solution is through use of brainstorming session. In this case all the involved stakeholders are tasked to come up with as many possible solution as their can for a particular problem without judging on their feasibility. Once on paper, the ideas now needs to be scrutinized, assessed, combined or expanded until they become workable solutions to their problem. Organizations can as well employ a strategy in solving particular problems involving a stakeholder. In this case due to specificity of the problem the stakeholders can look for the possible way to address them including weighting the pros and cons of various available alternatives and choosing the most favorable one which will serve them the
threats and opportunities that must be properly addressed in order to prepare the company for the
List forces that may threaten Company G’s success as it moves forward with marketing its product.
From this section you will be able to see how to solve the problem and what the action plan might look like.
It saddens me that even in this day and age racial terrorism still exists. One major event that reflects this is the Charleston, South Carolina, Church shooting that occurred last Tuesday June 17. On this day, 21-year-old Dylann Roof attended a bible study at Emanuel African Methodist Episcopal Church and after about an hour he opened fire to the members who attended the study. Consequentially 10 people were shot and unfortunately 9 of them did not survive.
“Social media makes the community part of the actual crisis communication response. For example…Twitter was used to quickly share initial information and updates during the 2007 and 2008 California wildfires, 2008 Mumbai massacre, 2009 crash of US Airways Flight 1549, 2010 Haiti earthquake, and 2011 Tunisian uprising.” This information, again in Veil’s 2011 article, reinforces the idea of how social media communication is highly beneficial and furthers an individual’s ability to remain informed on current events.
If the company wants to solve its problems and become attractive for the potential investor, it should solve all its problems. The most important, company has to develop a business plan. In this plan, all the problems will be solved through stating company’s vision, mission, objectives, marketing, production and financial plan.
Every organization should have a strategic plan to achieve its goals in a limited time period, the strategic plan has many variable models. The strategic planning process that we studied needs a collaboration between the organization’s staff, board members, and strategic plan committee. This strategic planning process has ten guide steps.
Till today, the threat of lawsuits remains. These scandals give a bad image to the company
Provide an action plan for the implementation and communication of the solution. Your action plan should include actions, timescales and required
Google’s greatest vulnerability in the ordeal with China was damage done to its reputation because we should, as stated in the Bible, “Earn a reputation for living well in God’s eyes and the eyes of the people.”(Proverbs 3:4) When running a company it is highly important to preserve good standing because
Based on the revised costs and profitability estimates, what action should Sippican’s management team take to improve company’s profitability?
Here the company under consideration is “Toy R US”. This company facing few major current issues which are effecting the PR of the company as well as effecting the business of the company. Toy R US is a famous brand which makes toys for the kids, it has branches in many countries which makes it an international company. This company made its strong market position in just a decade, before that this was not much famous among customers. Company’s mission is about providing affordable toys all over the world so those
3. What are the biggest risks faced by the firm in the next 5-10 years?