If you were a manager of a large manufacturing company and d
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Please help me understand If you were a manager of a large manufacturing company and decided to offshore labor-intensive production to another country, how would you justify the decision to your employees and the community where your plants are located? What economic arguments would you make? What social or ethical argument could you make?
What is the most important challenge that a multinational corporation faces?What strategies might the corporation employ to manage that challenge?
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If you were a manager of a large manufacturing company and decided to offshore labor-intensive production to another country, how would you justify the decision to your employees and the community where your plants are located? What economic arguments would you make? What social or ethical argument could you make?
What is the most important challenge that a multinational corporation faces?What strategies might the corporation employ to manage that challenge?
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Please help me understand If you were a manager of a large manufacturing company and decided to offshore labor-intensive production to another country, how would you justify the decision to your employees and the community where your plants are located? What economic arguments would you make? What social or ethical argument could you make?
What is the most important challenge that a multinational corporation faces?What strategies might the corporation employ to manage that challenge?
Solution:
Let's look at each part of this.
How would you justify the decision to your employees and the community where your plants are located?
This is a really complicated issue, and has been for years. There is never an easy solution here. The employees and community in the current plant location are facing insecurity due to your new decision - jobs were once stable, incomes were secure, the community relied on the income derived from the plant. You were an asset to the community. Telling employees that they now won't have that security is one of the most difficult things you will ever do. The only real chance at justification that you can make to your employees and the community is to justify it from a business standpoint, and to be honest about the reasons for your actions. Now, that being said, there are many steps you can also take, aside from justification. Don't justify it and walk away. These are people who have been ...
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