Crisis Paper and Speech
Absolutely no plagiarism, must be original and very thorough. Please make sure everything is followed in the question and the grading rubric. Assigned reading articles are attached but also must include other academic relevant resource, minimum of 4 reference and 3 should be outside academic relevant resources. Must include intext citations. Short and simple but thorough sentences, no run-on sentences. Please include the free links to outside academic resources.
Question:
Your company is facing the following crisis:
An investigative journalist has just published an article in the New York Times about your firm maintainingthat your products and services are seriously defective. The origin of the defect concerns managementpractices whereby, at certain steps in the development and manufacturing process, your firm usesundeclared (and illegal) labor arrangements in Russia to complete several tasks. The work being done by the illegal Russian workforce is substandard and is potentially against US regulations, depending upon the processes/ingredients used. You are apparently one of several firms implicated in this illegal practice. It apparently is true that your firm subcontracts work out of the country and potentially to workers in Russia. The former COO has recently left the company and is unavailable for comment. He was the individual who negotiated for the subcontracting of the work.
Group Assignment:
Develop two very different possible scenarios for the next phase in this crisis (one positive, one negative, for example). (I only need to develop the positive scenario.) Anticipate the specifics of what is likely to happen, write it down and provide adequate description of the chain of events. Each scenario should be no more than 2 pages long, double-spaced. Once the two scenarios are written down, now plan out your firm’s response. Write out two versions of your CEO’s press conference speech encapsulating the firm’s response to each scenario. Each CEO speech should be no more than one page long, double-spaced. (Again, I only need a to develop a press conference for the positive scenario.)
Grading Rubric
Criteria | Ratings | Pts | |
This criterion is linked to a Learning Outcome Company Research |
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This criterion is linked to a Learning Outcome Content and Development |
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This criterion is linked to a Learning Outcome Length, Sentence Structure, Grammar, Spelling and APA Form and Style |
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This criterion is linked to a Learning Outcome Timely Submission |
Answer preview
Organizations facing crisis need to take the appropriate actions to solve the crisis. Proper resolutions of the crisis prevent the organizations from experiencing damages like losing customers or having their licenses revoked (Kellerman, 2006). Proper leadership is a crucial aspect in handling organizational turmoil and leaders should show the willingness to lead through such scenarios. Such a factor helps the affected stakeholders like the employees, suppliers, and investors among others to have confidence that the organization will take the right actions. Communication is the other element that companies should consider when an organization eventually figures out how to handle the crisis (Norton & Coffey, 2007)…
(1000 words)