Question 2 This question assumes that applying each one of D
Solution
The four points which are suspended in the short term are as follows:
The advantage of suspending this point is that cost incurred in the process of educating employees is saved. A long term repercussion is that the long term productivity might be impacted although since this is a temporary measure, there should not be a drastic impact.
By suspending the above point, it would be possible to reintroduce the system of setting targets for the workforce and inspire them to script a turnaround this year and post profit. The long term impact may be a development of confusion in the workforce regarding the approach of the management.
In order to set a definite objective for improvement in the efficiency and set an enhanced target to bring in profitability, the point 3 should be suspended. This is expected to bring more focus on achieving targets and may have long term effect of being too much driven by numbers without caring for the larger strategic imperative.
Since the company is facing tough times, the company should focus on employing trained and skilled employees and restrain from providing training on the job.
The long term impact would be that the resource pool may be constrained and dependency on few trained manpower may increase.
