Though Treadway tire company had immense business opportunity they had major issues like employee dissatisfaction and high attrition rate within employees. The employees were dissatisfied because the managers did not motivate their employees and improper management and planning from the top. The problem which Lima tire plant faced was high turnover of foremen due to job dissatisfaction, lack of proper training and differences between them and hourly workers. The biggest opportunity for the Lima tire company is to increase their Revenue by retaining their employees. I feel lack of proper management is causing most of the issues at the tire company.
Key Points Targeting supply chain has been experiencing a series of poor decisions for the last few years. These decisions have significantly affected its customers and the service delivery of the supply chain. Recently, the company has been receiving bad reports from the press regarding their stock-out levels. Customers consider this trend as unacceptable and threaten to shift to other chain suppliers such as Home Depot and Wal-Mart (Brandenburg, Govindan, Sarkis & Seuring, 2014). However, this challenge can be solved by reducing the number of varieties and brands sold by the supplier on its shelves.
Sharon Jackson S03a1 Understanding the Treadway Case The Treadway tire company, in Lima is going through difficult times; profit margins are falling due to increasing cost of business and the high increase of competition. The company must examine the core of the problem and identify the solutions that will rescue the company. Ashley Wall, the director of human resources in Treadway Tire Company, highlighted major issues that were a source of unnecessary spending to the company. These problems included; high employee turnover, incompetent training among employees, and low employee morale. There was also a lack of proper training among the line foremen which made the foremen unable to operate the company sufficiently.
The negative aspects of change are employees wonder how changes will impact them which can create anxiety and decrease their overall productivity, performance and job satisfaction. Some of the positive are change can give employees a fresh start and new outlook on the future of the company, it can also generate creativity and a renewed commitment to excellence. The best way to reduce the negative, and increase the positive effects of change is with effective communication. Effective communication is essential to getting employees to understand the change buy-in and
What else might they have done? Royer hired a Kaizen specialist, which in turn assisted Domtar in getting their employees involved by expanding on their knowledge. This also helped the company to be more effective. Royer ensured that all levels understood the new strategy. The “Domtar Difference,” as it is called, is reflected in the statement, “tapping the intelligence of the experts, our employees.” Employees must be motivated to become involved in developing new ways of doing things.
Their backlog of policy requests (WIPs) for said week is 82 and the number of new policies and endorsements do not seem to be generating as much revenue as in the past. As pricing and commission differences among insurance firms have narrowed, agents have increasingly made referrals based on customer service (i.e. quick TAT). Fruitvale’s backlog and TAT indicate the presence of a bottleneck which is resulting in idle time for some employees while overburdening others. Moreover, they are losing renewal business to competitors while trying to keep their employees, especially the senior underwriters with many years of experience, from going to Golden Gate.
It is a good decision for any company to be proactive for any unforeseen issues that might arise. Since employees are going to be developed and retained, the recruiters should be looking for specific KSAO’s with an acceptable workforce quality.
Internal problems: - A crisis at the factory with the issues of productivity, work efficiency of workers.- Quality problems of products have also washed into the activities of Engstrom,Engstrom could lose the certified supplier status.- The workforce are having complaints, grievances, suspect of Scanlon Plan, a plan has been adopted for a long time but no change. "What senses does bonus plan make while bonus has not been paid for months?”- The enthusiasm and motivation of employees has been reduced, many people feel there is unfairness going with the current motivation plan. The causes of above problems: - The company could not adjust in time Scanlon plan to maintain staff motivation.- Engstrom did not answer and address the employees’ complaints promptly.- Unable to pay the monthly bonus.2 - The layoffs shook the confidence of employees, leading to insecurity affecting the morale of staff. 1.1.2. The impact of external problems:: - Current economic downturn.- There is many competitors in the field of distribution and production of automotive mirrors.- Quality problems because customers distrust the company's products.
The researcher shows how outsourcing impacts workers in a negative manner, goes against the moral and ethical standards inherent in business and proves that outsourcing will ultimately result in dissatisfaction for corporations in the long term. From an ethical view, outsourcing is wrong and has pessimistic results on both employees and corporations in the long run. Corporations that bolt to outsource job task realize little returns on investments and profit savings in the long term. The surge to outsource has left companies with little worth and no tangible assets in the production or delivery of products. Among the people most affected by outsourcing in recent years are white collar workers, whose resumes are now overwhelming the job market as enthusiastic job seekers attempts to find jobs that will pay them a fraction of what they were earning while working in corporate America (Shaw, 2004).
As prices were driven down to the lowest point to create sales, this caused problems for the economy. It was extremely low. If they couldn’t create sales, they were forced to shut down close business. Factories closed and workers were laid off, meaning no money was coming into workers or big businesses. Unemployment percentages were at an extreme high and this failure to regulate money throughout the economy drove down the economy.