Case Study

Answer no.:1

Problems confronting the company:

1. No succession planning.

2. Factory lockout.

3. All orders and quotas for raw materials cancelled.

4. Loss due to penalty to the extent of Rs. 10,000.

5. Most of the supervisors and clerical staff left.

6. Lack of interest of Mrs. Kothari in running the business.

7. Mrs. Kothari’s ego problem.

8. Transition in function without the consent of the employees.

Answer no.:2

SWOT Analysis of the company:

Strengths:

1. Employees’ emotional attachment to Mr. Kothari.

2. Market leader.

3. Big clients and orders.

4. Very good financial condition.

5. Initially, central coordination was very good.

6. Good technical know-how.

Weaknesses:

1. Centralization of authority, autocratic.

2. No succession planning.

3. Lack of proper managerial skill.

4. Lack of interest and intent.

5. Loss of trust in management.

6. Loss of goodwill.

Opportunities:

1. Possibility of regaining the lost market.

2. Due to love and affection workers are still emotionally attached to Mr. Kothari.

3. Technical skill of Sandeep Kothari can be exploited.

4. Image can still be revived.

Threats:

1. Since the company has been closed for the last one year, new competitors must have eaten the market.

2. Raw material procurement can be tedious for them.

3. Mistrust instigated in employee and customers may hinder their revival.

Answer no.:3

Strategies to revive the company:

1. Human Resource Strategy:

* Defining roles and responsibilities.

* Empowering supervisors and middle-level managers.

* Open communication-full proposal terms online during talks instead of letting union leaders present detail to them.

* Retaining high quality people to meet current and future needs.

* Motivating workforce.

* A need to have a highly skilled workforce that continues to learn and is able to respond to changes in working...