In spite of heavy investments into new technology

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Reference no: EM132172588

Create an outline for how you would communicate and manage each of the following scenarios:

1. In spite of heavy investments into new technology, you must report to shareholders that your company’s profits have fallen 20 percent.

2. Last month, because of increasing losses, management concluded that the only way to save the company would be layoffs. In just four days, on-third of the entire company would be let go. What no one expected, however, were the negative effects of the layoffs on those who still had their jobs. They were afraid that the layoffs would not stop with one round. They were worried that they would be asked to do much more work for not much more money. But most of all, they felt guilty, since they still had jobs while their friends would have to struggle through unemployment.

3. How would you motivate the workers in this company to do their very best?

Reference no: EM132172588

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