Case weymouth steel corporation

Weymouth Steel Corporation in September, is having a critical time in finding out the ways to communicate the bad and good news to its salaried employees.

Case weymouth steel corporation

Weymouth Steel Corporation in September, is having a critical time in finding out the ways to communicate the bad and good news to its salaried employees.

An erroneous selection of time Case weymouth steel corporation communication channel selection may demoralize the workforce completely resulting in a disaster for the company. The good news is that the company management has decided to increase the salary and benefits of almost all the salaried employees regardless of their grades while on the other hand the bad news because of the long time slump in the steel industrythe management has decided to go for downsizing of the salaried workforce.

Weymouth Steel Corporation | Case Study Solution | Case Study Analysis

The chairman of the board Carl Weymouth and the management realized the sensitivity of the task, however, if the management is able to inspire its workforce with a new vision and hope for future success; this dilemma can easily work as a catalyst for company growth.

But once the management will speak out the downsizing news to its employees, the challenge to reduce the arising stress will be higher. Therefore I will recommend the following strategy with time lag to communicate the good and bad news to employees and to curb the rumors in the media.

But firstly the new changed vision of the company should be: The underline theme and its explanation are given in the exhibit 1. A vision is a crucial underpinning for change and management should repeat it again and again to get it absorbed by the employees.

I believe that there should be multiple stage announcements of the bad and good news with the time lag, as if the management announced the good news and bad news together then the effect of the good news will be nullified.

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Therefore I devised the following step by step plan to communicate the good and bad news along with the company's new changed vision as: Discussion with the Senior Management: The purpose of this discussion is to take senior management into confidence on the proposed communication strategy for the new salary and benefits plans and the downsizing effects.

Meeting Call of all the salaried employees: On this stage, I believe that Mr. Weymouth should follow the recommendations of James. In fact it is meant to break the ice to the employees. This stage should be further divided into two steps.

For this conference to break the bad news, management should use indirect approach exhibit 2. To nullify the effects of bad news, management should emphasize on salary and benefit packages otherwise only giving the bad news will demoralized the workforce completely.

I think the meeting should be structured as following and should be headed by Mr. In the beginning, Mr. Weymouth should start with the buffer in his speech by paying a compliment and show in appreciation for the past performances of the employees and then he should explain the current situation of the industry telling that the steel industry is enduring a long term slump due to stiff competition from overseas players.

Weymouth Steel Corporation - Essay

In addition to that Mr. Weymouth should also talk about the needed funds to install the new production facilities within the factory to satisfy increasingly stringent federal anti pollution standards. After describing above reasons, he should reveal the bad news but before revealing the bad news, Mr.Ashley B.

Case weymouth steel corporation

Hilliard July 5, October 22, MG Lesson#3, Assignment 2 Cover memo to Harrison: Dear Mr. Harrison: This letter is being written to address the need for immediate cost cutting measures at Weymouth Steel Corporation. WEYMOUTH STEEL CORPORATION Case Overview: Weymouth Steel Corporation in September, is having a critical time in finding out the ways to communicate the bad and good news to its salaried employees.4/4(1).

weymouth steel corporation Weymouth Steel Corporation is currently in the sort of dilemma which may turn into a disaster for the company.

However, given the situation if the top management is able to inspire its employees (who survive this downsizing) with a vision and hope for the rejuvenation of the company; this dilemma can easily become a.

1 Study the case, "Weymouth Steel Corporation" on pages of the text Management Communication: Principles and Practice (3rd Edition). yunusemremert.com key audiences need to be addressed in Weymouth’s communication of good and bad new?The news must be related quickly and thoroughly too all staff that are to be affected%(4).

Hattersley, Michael E. "Weymouth Steel Corporation." Harvard Business School Case , September View Homework Help - Homework - Weymouth Steel Corporation Case - Press Release from BUAD at California State University, Fullerton.

Weymouth Steel Corporation Case Study Solution and Analysis of Harvard Case Studies Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations.
Weymouth Steel Corporation - Research Paper - Vika However, given the situation if the top management is able to inspire its employees who survive this downsizing with a vision and hope for the rejuvenation of the company; this dilemma can easily become a pivotal time for its success. Once the bad news is broken and the downsizing process starts, stress is inevitable; for both the employees who will be terminated and the ones who survive this event.
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and costs were stressed as well as the implementation of fewer%(1).

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