Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Assume for a moment that you are the owner – CEO of a small machine and tool company. You have 35 employees, most of whom are highly skilled machinists who belong to Local 999 of the International Brotherhood of Good Guys Union. Generally, you are an open manager with an abiding sense of fair play and ethics. For this reason, you have been able to attract workers who are skilled and committed to the company’s long-term success. In fact, labor relations are calm – even harmonious. For example, you have been paying your employees an incentive pay in order to increase productivity for the past 5 years. Two supervisors, with excessive self-confidence, in your company hired candidates who are likable, because they think likability will promote collaboration and effective teams on the assembly line. Now, however, you face a serious and unprecedented issue. Due to an economic downturn, business activity has taken a sharp decline with the expectation that things will get much worse. You have just met with your accountant who has informed you there is no other choice but to lay off people or reduce wages. Your initial meeting with the union representatives shocked you into reality since it was filled with divisiveness, arguing, name-calling, and even occasional profanity. After reading the articles Trust the Evidence, Not Your Instincts and Evidence based decision making builds the case for the preferred solution

Outline how you would use evidence-based decision making to help in resolving this case?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93128756

Have any Question?


Related Questions in Operation Management

It was february 2005 and fred gehring and ludo

It was February 2005, and Fred Gehring and Ludo Onnink—CEO and CFO, respectively, of Tommy Hilfiger Europe (the European subsidiary of Tommy Hilfiger)—had just left the conference room in Amsterdam after hearing Tommy Hi ...

Compute the takt time minutes per unit for a system given

Compute the takt time (minutes per unit) for a system given the following data: There is a single worker per shift with a total time per shift of 480 minutes. There is/are 1 shift(s), and workers are given two 20 minute ...

Regarding amazon identify either an entry or exit strategy

Regarding Amazon : Identify either an entry or exit strategy pursued by your company in the past five years. Which industry did the company enter/exit, and why? What mode of entry/exit was used, and why? Does this entry/ ...

1 who do you think should have access to a personrsquos

1. Who do you think should have access to a person’s medical information or the results of their genetic test information 2. Do you think that it is morally permissible to use animals in experiments? If so, do you have a ...

1 if a new employer doesnrsquot formally assign someone to

1. If a new employer doesn’t formally assign someone to be your coach or mentor, what should you do? 2. In the Science of Success, Koch forcefully argues that mission/ vision statements should be intentionally vague and ...

1 a baker bakes fresh apple pies at the beginning of

1. A baker bakes fresh apple pies at the beginning of everyday. At the end of the day, unsold pies are reduced in price by 70% and always sell out for this lower price instantly (discounted products are sold at a loss). ...

Why would a leader receive the results of a quantitative

Why would a leader receive the results of a quantitative analysis (as from a break-even analysis model) and decide against what the results indicate? Give examples of qualitative factors that may guide a leader to decidi ...

1 what is the strengths and weaknesses of bugeting

1. What is the strengths and weaknesses of bugeting forecasting system? Do you believe the weaknesses can ever be overcome? If so how? If not, why not. 2. Assume you are opening a new recreational facilities business cal ...

1 what factors must an air carrier consider in deciding

1. What factors must an air carrier consider in deciding whether to upgrade or replace existing aircraft? What conditions would lead them to go with each decision? cite example. 2. Compare leadership and management? Prov ...

Identify an alliance in the hotel or airline

Identify an Alliance in the Hotel or Airline industry –State the Alliance –Describe why the Alliance was formed –Do you think this was better than an Acquisition or Building out the business in a greenfield manner? Why? ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As