PHL/320 – Critical Thinking and Decision Making in Business
Learning Team C
Monday, June 22, 2015
MICHAEL MC QUINN
Problem Identification and formulation will be reviewed using the team discussion from Week 2. The paper will: Summarize the issue; Identify the problem; Explain why it is the underlying problem; Reflect on the group collaboration process in defining the problem; and Explain how a clearly defined problem could help to find the solutions.
Summarize The Issue The problem presented in article by Bouw, Mismanaged Layoffs can go 'Horribly Wrong, is the lack of proper and well-managed policy around employee lay-offs. Most managers are trained to handle a corporate crisis. Employers should approach any job losses with caution and always be respectful. Companies should consider whether job losses are necessary and the impact on operations internally, and how clients and contractors view it externally. Companies need to make sure they are following the law when it comes to laying off staff, including paying out severance as required by each province based on an employee's years of service. (2013)
Identify The Problem Some reasons that a company would look at reorganization and layoffs would be that the sales of that company have dropped below what they were projecting. To help with costs they may look at laying people off and then reorganizing the employees that are left to help ensure that the internal structure remains in tact to ensure that the company continues to run smoothly. Most companies see layoffs as a way to save money, however most times this is not the case due to the things that the company has to pay out to the employees that were let go. Alternatives to job cuts include transferring staff to other departments, using fewer contract workers, or cutting wages. Whether it's a termination, where the employee's job is eliminated, or a layoff, where the employee