Reference no: EM132649245
Assignment: You are the President/CEO of ABC Industries, Inc.. Due to your company's declining performance, you are forced into a merger with your largest competitor, XYZ Industries, Inc. Your competitor has agreed to allow 80% of the workforce to stay, however, performance reviews will be mandated to assess employee value. Draft a memo explaining this scenario to your 150+ employees.
The format of your memo tells your employees a lot about your sensitivity and professionalism. Since you know that 20% of your workforce will be laid off, it is important that the empathy feels genuine and heartfelt. Pay particular attention to your memo's margins, line spacing, font type and size, and placement of memo parts such as the addressees, subject line, and body.
Address the memo to all home office employees at your company.
Recommended Organization
Header: Begin your memo with the four standard memo heads (Date, To, From, Subject).
Body/Discussion: In the first paragraph of the body include your reasons for the decision. Memos do not begin with greetings or salutations. Fully explain why the change is occurring and what the current situation is.
The second paragraph is where you add a positive spin to the situation. This is where you should outline the proposed merger and the process by which employees will be evaluated. Think of other important elements employees may want to know such as timeline, severance packages, etc.
In the third paragraph, be sure to validate any anticipated concerns employees may have about this adjustment. Explain the greater benefit in the long-term this decision provides and conclude your memo by indicating how the reader may contact you if he/she has any questions.
What is the debit to Interest Expense on Oct
: On July 2, 2020, Martineau Ltd. issued $6,000,000 (par value), 9%, ten-year convertible bonds at 98. What is the debit to Interest Expense on Oct
|
Prepare statement of cost of goods manufactured for october
: Prepare statement of cost of goods manufactured for October. The Pullman Inc, a segment of Sysco Holdings manufactures chain hoists.
|
Complete GST Calculation worksheet
: Swanston Enterprises report GST quarterly on a cash basis. Complete GST Calculation worksheet and BAS for Swanston Enterprises for the quarter
|
What is the role of media in modern american politics
: What is the role of media in modern American politics? How effective are media outlets in keeping American people informed about operations of their government
|
Draft a memo explaining this scenario
: Draft a memo explaining this scenario to your 150+ employees - Address the memo to all home office employees at your company
|
Find and post the journal entries to the accounts
: Post the journal entries to the accounts, setting up any new ledger accounts necessary. Only controlling accounts are to be maintained
|
Coalition government direct-action plan
: Illustrate with a diagram and explain in words how the former Labor Government's carbon tax policy compares with the Coalition Government's direct-action
|
Americans with disabilities act
: Do you think that enough has been done by the government today to ensure a level playing field in terms of race, color, and ethnic origin?
|
Calculate the income elasticity of demand for product
: A consumer bought 300 units of a product when the price of the product was $10 per unit. If the price drops to $8 per unit the consumer will buy 440 units of th
|