Question

In: Operations Management

Your company needs to update stakeholders(customers, suppliers, government/MPs, partners, and the community) about the impact of...

Your company needs to update stakeholders(customers, suppliers, government/MPs, partners, and the community) about the impact of COVD-19 on its services. What communication strategies would you use to share information with these stakeholders, and reasons for choosing such, considering their merits and demerits. Choose any five (5) stakeholders and show how you would communicate with them.                                                                                                                                                                                                                                           [40]     

Solutions

Expert Solution

Following are the communication strategies are to be used to share information with these stakeholders, these are as stated below:

  • We will go with virtual communication to discuss any critical issues, here, we could use web or internet media to update information about COVD-19 on our services, we could use email services and instant messaging services to convey such update.
  • We could also go with group meeting or face to face meeting, here, we will take several measures like maintain social distancing, help people to use mask, hand sanitizers, only healthy people are allowed. People health should be checked before starting any appointment.
  • Other communication strategy like we will prepare only specific message and memo to convey.
  • There will be routine discussion using webinar services so, all stakeholders can attend from their comfortable zone.

Reasons we are choosing such communication strategies, as to take relief from COVD-19 issues and panic, we should be aware about the consequences of any mistake and we should take sufficient measures to combat the current or ongoing situations.

Merits:

we could bring safe communication

We could make our every communication more precise, effective and we could understand the importance of virtual reality and communication.

Many service related jobs can be performed at just home, people could take better breathe during such pandemic situation,

People can take care their home members and himself or herself much effectively, if we bring more flexible approach in communication.

Demerits:

Not all job can be performed virtually, there are jobs like field works, mechanical, electrical works all that are required to be done in the physical place.

Not all messages could be conveyed through virtual communication, as there could also be issues of digital communication in several locations.

Stakeholders

How would you communicate them?

Customers

Here, we could communicate with customers using virtual communication like Emailing, Chat, social media, etc.

Employees

Employees can be communicated using webinar, virtual meeting services, employees can come in the office, but they will go through several necessary formalities.

Suppliers

Suppliers can be contacted using emailing, webinar discussion, chat, etc.

Government Authority

Government Authority can be communicated using their web portal, emailing services, etc.

Partners and Investors

Partners and Investors can be met using virtual communication like webinar and meeting services.


Related Solutions

The following groups are stakeholders of a public company:I) shareholders; II) the government; III) suppliers; IV)...
The following groups are stakeholders of a public company:I) shareholders; II) the government; III) suppliers; IV) employees; V) bondholders; VI) management Select one: a. I, II, III, IV, V, and VI b. I and II only c. I, II, III, and IV only d. I, II, and III only
One of your company's essential suppliers is located in Japan. Your company needs to make a...
One of your company's essential suppliers is located in Japan. Your company needs to make a 1 million Japanese yen payment in six months. Considering that your company primarily operates in U.S. dollars, you are assigned the task of deciding on a strategy to minimize your transactions exposure. Identify the spot and forward exchange rates between the two currencies. What factors influence your decision to use each? Which one would you choose? How many dollars must you spend to acquire...
1. Describe how to protect and use corporate data – employees, customers, suppliers, and business partners....
1. Describe how to protect and use corporate data – employees, customers, suppliers, and business partners. 2. Define privacy in common sense. Explain the relationship between protection of privacy and corporate business well-being. Explain employee email privacy and employer monitoring of Web surfing in the company. Explain corporate use of information about employees’ off-the-job behavior (e.g., lifestyle, marital arrangements, social networking, and so forth).
Customers and suppliers are the foundation of the data that will be processed in your accounting...
Customers and suppliers are the foundation of the data that will be processed in your accounting system. Identify and discuss at least three (3) things you can do to ensure that processing customer and supplier transactions are handled efficiently and effectively in QuickBooks. Justify your response. Briefly describe the difference between a supplier and a vendor.
Why is it not necessary to model activities such as enteringinformation about customers or suppliers,...
Why is it not necessary to model activities such as entering information about customers or suppliers, mailing invoices to customers, and recording invoices received from suppliers as events in an REA diagram?
Conduct a stakeholder analysis for the following three (3) major stakeholders of AGL Australia (Community, Customers,...
Conduct a stakeholder analysis for the following three (3) major stakeholders of AGL Australia (Community, Customers, Employees). For each major AGL stakeholder: discuss their specific and various interests with respect to AGL; and conclude whether their specific interests are generally aligned with (or opposed to) the generation of shareholder value by AGL, providing supporting reasons for your conclusion Based on the AGL australia financial report 2018-19
How do government–imposed barriers such as patents impact consumers and suppliers in these markets
How do government–imposed barriers such as patents impact consumers and suppliers in these markets
Discuss the impact of globalization on your community. Your community may be a small town or...
Discuss the impact of globalization on your community. Your community may be a small town or a large city, or a county if you live in a rural area. Components to consider for coverage of your topic include: population/demographic trends immigration history growth in minority and foreign owned companies foreign investment import and export data job losses from companies or manufacturing moving overseas changes to the local culture (ethnic restaurants and groceries, school district impact such as growth in ESL...
perform a needs assessment of the organization and community for your practicum. Review the needs assessment...
perform a needs assessment of the organization and community for your practicum. Review the needs assessment to identify possible project topics. compile a list of three to five possible topics for your project
What government, community, and private programs are you aware of that address the needs of hungry...
What government, community, and private programs are you aware of that address the needs of hungry children and families in the United States? What else needs to be done to address this issue?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT