Establishing new plantations in countries with cheaper labor may reduce costs in terms of salary but land quality in those countries may not be suitable for producing bananas and other Chiquita products.
Employ sales people — to increase sales revenues. Additional products also mean additional jobs for employees so the company should think of better ways in dealing with its employees and to do business effectively in other countries.
Free trade from globalization also results to lower prices of imports Rodrik, According to Schermerhorn et al. Invest on high-end technology — to increase productivity without having to employ more workers. The company focused more on resolving these issues than seeking stability and control.
In this way, there is no need to lay off employees so the company can stand up to their corporate responsibility. But Chiquita stood up to the challenge and implemented global standards and integrated transparency in their operations in order to communicate well with people from different cultures.
The company just needs improvement to ensure financial stability. Also, if the company does no do anything and just continue its operations, there will be no room for improvements and progress.
People in other countries have different views and way of thinking that is why it became a problem for the company. Choose an Alternative The best alternative is introducing a new Chiquita Product in the market.
They even decided to adopt the SA standard and conduct open dialogues with worker unions to show that the company has not been violating any worker rights and that they even provide benefits for their workers.
Lay off some of the workers — to reduce costs. If the relationship between the employees and the company is not very good, it will be detrimental for the company. That is why it is a good decision for the company to have Fernando Aguirre as CEO and president since he has already experienced working in Brazil and Mexico so he has, at least, an idea on how to deal with the Latinos.
Lastly, the employees should have a briefing about the new product and the company will familiarize the assigned workforce in its production.
Shut down the operation of Chiquita — financial sustainability is impossible. Internal factors, on the other hand, also contribute to the challenges of the company. In order to accomplish this, brainstorming on what product to introduce should be done.
Globalization allows the entry of different firms in the market which adds to the competition. Chiquita is already known worldwide so the company does not need popular companies to promote them.
The company can also make use of specialists that have already experienced working in Latin America perhaps. Another external factor that contributes to the problem of the company is the consumer demand for bananas.
Also, according to Samuelson, lower prices tend to discourage consumer spending because people will think that the prices will still lower in the future so they try to postpone their spending as much as possible.
What type of organizational culture is most representative of the company? Investing on technology would increase productivity but could also be very costly. Since the countries in Latin America have different cultures from the U.
This results to a decrease in the revenue of the company.
However, introducing a new product that will surely earn revenues should be well thought of. Generating Alternatives Do nothing and stick to the current operations — the company is still gaining profits so there is no need for a change. Also, this can only be successful if the workforce knows how to operate advanced facilities so the company still needs to hire skillful workers.
Then, the company should think of the appropriate approach that will work well with Chiquitas global turnaround essay people in that certain country. The most important asset of a company is probably its human resource.
The organizational culture that the company has also contributes to the problem of the company as well as the international culture. What did the company have to learn in order to do business effectively in other countries?
With the steps that the company has done to improve employee relations, it can be said that they have a clan culture because the company is very careful when it comes to internal issues. Establish plantations in countries where labor is cheap aside from Latin America — to reduce costs.
Staff lay-off would reduce costs but will decrease productivity.Chiquitas Global Turnaround; Chiquitas Global Turnaround. Words Sep 26th, 11 Pages. Executive Summary This report details several international management problems that Chiquita has been faced with over the past two decades.
Many of these problems are to do with the company’s previously poor image when it came to. This paper "Chiquita’s Global Turnaround" describes the firm Chiquita is a leading retailer of bananas and other fresh farm mint-body.com a paper, it analyses historical approach to global management, global corporate responsibility (CR) program, Chiquita’s past and present leadership.
A Case Analysis on Chiquita’s Global Turnaround. I - A Case Analysis on Chiquita’s Global Turnaround introduction. Relevant Case Facts. Chiquita Brand International Inc. is a multinational producer, distributor, and marketer of bananas and other fresh produce.
Executive Summary This report details several international management problems that Chiquita has been faced with over the past two decades. Many of these problems are to do with the company’s previously poor image when it. Chiquita Global Turnaround.
Executive Summary This report details several international management problems that Chiquita has been faced with over the past two decades. Many of these problems are to do with the company’s previously poor image when it came to Corporate and Social responsibility.
Essay on Tyco's Turnaround Team. Tyco’s Turnaround Team According to Gerard and Teurfs transformation methods, listening, having dialogue and community building can be used to transform the different cultures of a global organization, by developing newer, improved cultures.Download