The paper "Issues Affecting No Name Aircraft Company" is a perfect example of a business case study. For a company to be successful both in the home country and internationally, it has to adopt some strategies. Successful international companies appreciate the diversity of their employees and also treat workers as the most important assets in the firm. Such firms offer employees chances for growth and development through regular need-based training programs. The performance management programs of such firms are often top-notch. In this essay, the focus will be on ‘ No Name’ Company which deals with aircraft.
The essay will discuss the issues affecting the company and also offer some recommendations. Company ‘ No Name’ company is experiencing problems with the achievement of profits which is a problem because the shareholders are threatening to withdraw their investment with the company. When shareholders are not satisfied with the performance of a company and more so the share price, the next step they take is the withdrawal of their funds. Without sufficient funds from the shareholders, the company is likely to fail completely. Culture The culture at the ‘ No Name’ company is also not favorable for good performance because firstly, there exists some miscommunication between the workers as well as between the management.
Lack of communication within an organization is a vice that can see to the breakdown of a company that would have otherwise thrived well in the market. Over the years, research has asserted that organizations are built and sustained through human communication. Organizations have been identified as ongoing accomplishments achieved primarily or even exclusively through communication processes (Cooren, Kuhn, Cornelissen and Clark, 2011). As such, it is crucial for any firm to ensure that they maintain healthy communication between the workers to ensure the flow of work.
Organizing any company is a communicative task. Additionally, the workers at the ‘ No Name’ company have a tendency to resist any change introduced to them at the workplace.
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