What is your communication strategy with your team

Assignment Help Financial Management
Reference no: EM133492489

Case Scenario: You are a middle manager at a large technology organization, and leadership has informed you that the company will be going through a reorganization. The company has been losing revenue, and immediate action is necessary. A mass downsizing is impending.

Your job is not in jeopardy. However, you will lose team members in the downsizing. Your team members are panicked, and you need to step up to address the issue with them. You also need to maintain productivity and results. You call a meeting to discuss this with your team. This is a challenging message to communicate.

Question: Leveraging what you have learned from the course materials for this week, discuss your approach by addressing the questions below:

  • What is your communication strategy with your team?
  • How often will you communicate with your team about updates? Remember, you need to keep them informed but not panicked.
  • How will you get critical messages across while keeping your team productive?
  • What can you do to reduce the challenges of distraction and the rumor mill for your team?

 

Reference no: EM133492489

Questions Cloud

Should kinston invest in the project : Should Kinston invest in the project? Assume that Kinston will exercise the option to do pilot production and test marketing
Compose effective messages for various social media : Compose effective messages for various social media and to create an effective social media mix for an organization.
Determine the amount of depreciation expense : Determine the amount of depreciation expense for the years ended December 31, Year 1, Year 2, Year 3, and Year 4, by (a) the straight-line method
Compute the fixed asset turnover ratio : Compute the fixed asset turnover ratio for each company. Round to one decimal place - The sales and average book value of fixed assets reported
What is your communication strategy with your team : What is your communication strategy with your team? How often will you communicate with your team about updates? Remember, you need to keep them informed
The conditions to target locations for advertising : The conditions to target location(s) for advertising would be that the Total Revenue is less than $200,000
What are voids and voided sales : What are voids and voided sales? What cause it a fraud sales transaction? How to avoid it?
What are the key areas of the nonprofit are you seeking : What are the key areas of the nonprofit are you seeking to change? Who (which segment of the population or community) will be affected or involved with
What would be the amount that the teller will show : transfer the necessary amount from herRRSP account. What would be the amount that the teller will show astransferred from her account

Reviews

Write a Review

Financial Management Questions & Answers

  How important is good governance and ethics for a firm

How important is good governance and ethics for a firm? Provide answers with examples and theoretical explanations.

  Annual coupon bonds-what is the current price of the bonds

Grossnickle Corporation issued 20-year, noncallable, 8.1% annual coupon bonds at their par value of $1,000 one year ago. Today, the market interest rate on these bonds is 5.5%. What is the current price of the bonds, given that they now have 19 years..

  Balance in retained earnings for triplette

What is the year-end 2008 balance in retained earnings for Triplette?

  What is the company weighted average cost of capital

Baxter Inc. has a target capital structure of 30% debt, 15% preferred stock, and 55% common equity. What is the company's weighted average cost of capital?

  Getting options on euro futures contract instead for hedge

Would the U.S. company have done better getting options on the Euro futures contract instead for this hedge?

  What factors do courts use in determining excessive fees

What is the unique procedure available to fund shareholders for challenging a fund adviser’s management fees as excessive? What factors do courts use in determining excessive fees?

  What is the companys cost of equity capital

Halestorm Corporation’s common stock has a beta of 1.15. Assume the risk-free rate is 5 percent and the expected return on the market is 12.5 percent. Required: What is the company’s cost of equity capital?

  Complete the comparative income statement

Complete the comparative income statement and balance sheet for Logic Company.

  Implementable strategies for international businesses

Develop implementable strategies for international businesses and Understand advanced theories and concepts in international strategic management

  What is the yield to call the call price

What is the yield to call if the call price is 105 percent of par?

  What is the value of a share of preferred stock that promise

What is the value of a share of preferred stock that promises to pay $2.37 every year, indefinitely, if you have a required rate of return of 11.80%?

  Compute the price of the bonds for maturity dates

Compute the price of the bonds for the maturity dates:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd