You are the CEO of a public company, called ABC aviation company
Essay Guideline you are the CEO of a public company, called ABC aviation company. You just found out your Procurement VP has been buying engine parts that are not approved nor do they meet the level of quality required for engine reliability and safety.
You are the CEO of a public company, called ABC aviation company
Firstly, you are the CEO of a public company, called ABC aviation company. Also, you just found out your Procurement VP has been buying engine parts that are not approved nor do they meet the level of quality required for engine reliability and safety.
Additionally, you have fired the Procurement VP and now you have to communicate this to your employees, airline customers, shareholders, and the FAA.
In addition, you will need to communicate the substantial financial loss that the
company will experience due to the expense of refurbishing the affected engines sold and for loss of market share due to a negative customer perception.
This will impact employee retirement plans and their sticker price.
Using the principles of communication, share how you would approach and
communicate to each stakeholder (employee, shareholder, and customers).
The paper should be grounde d in research and should outline specific techniques
where you can implement communication strategies related to ethics and organizational culture.
Be sure to use a minimum of 5 sources in your paper and mix theoretical with practical application in your paper.
Introduction
Organizational Ethics and Communication
Application and Reflection
Organizational Culture and Communicating Change
Application and Reflection
Conclusion
More Details:
Many people use the terms purchasing and procurement interchangeably, but despite their similarities, they do have different meanings.
With this said, let’s clarify any confusion on the difference between procurement and purchasing.
Also, first thing’s first: Procurement deals with the sourcing activities, negotiation and
strategic selection of goods and services that are usually of importance to an organization.
Lastly, purchasing, on the other hand, is the process of how goods and services are ordere d.