segments Print Case Study on les x Barbe: Case Study X HRM Case Stud assignments/31671681 ng ACT Writing Test: C. BigFuture Find the... D Selection and use o... nSAT HRM Incident 2: Downsizing As the largest employer in Ouachita County, Arkansas, International Forest Products Company (IFP) is an important part of the local economy. Ouachita County is a mostly rural area in south central Arkansas. It employs almost 10 percent of the local workforce, and few alternative job opportunities are available in the area Scott Wheeler the human resource director at IFP tells of a difficult decision he once had to make According to Scott, everything was going along pretty well despite the economic recession but he knew that sooner or later the company would be affected I got the word at a private meeting with the president. Patet Deason that we would hate to cut the workforce by 20 percent on a crash basal to get back to her thin a week nith a seggested plan 1 ne that my plan old not be the final see the one wao major but I knelt that Deason wat depending on 16 proide at least workable approach Fust thought about the react Certoren uld be able de tort potent ne at der er en had to ma nment Prinx Case Study on Lea X Barbie Case Study X HRM Case Stud Egnments/31671681 3 ACT Writing Test : C... BigFuture Find the... * Selection and use o... nSAT Scott Wheeler, the human resource director at IFP, tells of a difficult decision he once had to make. According to Scott, everything was going along pretty well despite the economic recession, but he knew that sooner or later the company would be affected. "I got the word at a private meeting with the president, Janet Deason that we would have to cut the workforce by 30 percent on a crash basis. I was to get back to her within a week with a suggested plan. I knew that my plan would not be the final one, since the move was so major, but I knew that Ms. Deason was depending on me to provide at least a workable approach. "First, I thought about how the union would react. Certainly, workers would have to be let go in order of seniority. The union would try to protect as many jobs as possible. I also knew that all of management's actions during this period would be intensely scrutinized. We had to make sure that we had our act together, "Then there was the impact on the surrounding community to consider. The economy of Ouachita County had not been in good shape recently. Aside from the influence on the individual workers who were laid off, I knew that our cutbacks would further depress the area's economy. I knew that there would be a number of government officials and civic leaders who would want to know how we were trying to minimize the harm done to the public in the area We really had no choice but to make the cuts. I believed First of all, I had no choice because Ms Deason said we were going to do it Also, I had recently read a news account that one of our competitor Johns Manville Corporation in West Monroe Louisiana, had laid off several hundred workers in a co-cutting more to keep our sales from being further deprened, we had to ensure that our care just as low as those of our competitors. The wood products market is very competitice and a cost adiantage of een 2 or 3 percent would allow competitors to take many of our customers Finalizia major reason for the cutback to protect the laterests of our shareholders. Al an ada hareholder group durupted our annual meeting to test that IFP make detta antipollutenhance in ceral though the shareholders seer to be more concerned at the end than that responsabilitour meeting the Ent minden te other manage the empanhoud place the en totalt belinda beranto en PD inter . Egnments Print Case Study on les x Barbie Case Study X HRM Case Stud ssignments/31671681 ACT Writing Test: C... BigFuture | Find the... D Selection and use o... nSAT "Then there was the impact on the surrounding community to consider. The economy of Ouachita County had not been in good shape recently. Aside from the influence on the individual workers who were laid off, I knew that our cutbacks would further depress the area's economy. I knew that there would be a number of government officials and civic leaders who would want to know how we were trying to minimize the harm done to the public in the area. "We really had no choice but to make the cuts. I believed. First of all, I had no choice because Ms. Deason said we were going to do it. Also, I had recently read a news account that one of our competitors, Johns Manville Corporation in West Monroe, Louisiana, had laid off several hundred workers in a cost-cutting move. To keep our sales from being further depressed, we had to ensure that our costs were just as low as those of our competitors. The wood products market is very competitive and a cost advantage of even 2 or 3 percent would allow competitors to take many of our customers **Finallya major reason for the cutbacks was to protect the interests of our shareholders. A few years ago a shareholder group disrupted our annual meeting to insist that IFP make certain antipollution changes. In general, though, the shareholders seem to be more concerned With the return on their investments than with social responsibility At our meeting the president reminded me that, just like every other manager in the company. I should place the shareholders interests above all else. I really was quite overwhelmed as I began to work up a personnel plan that would balance all of these conflicting interests How might a HR tenerion de affected by the reduction force! Remember that all emplos ens ar IFP are normbers often Let the decomam environmental Market Scort is therested plan Hare legitimate the retailed are that some could be redana remont protecting the Share + Corporate annetta Tamara Forest Producer gnments Print Case Study on Lea x Barbie Case Study X HRM Case Stud signments/31671681 S ACT Writing Test: C... BigFuture Find the... D Selection and use o... SnSAT because Ms. Deason said we were going to do it. Also, I had recently read a news account that one of our competitors, Johns Manville Corporation in West Monroe, Louisiana, had laid off several hundred workers in a cost-cutting move. To keep our sales from being further depressed, we had to ensure that our costs were just as low as those of our competitors. The wood products market is very competitive and a cost advantage of even 2 or 3 percent would allow competitors to take many of our customers, "Finally, a major reason for the cutbacks was to protect the interests of our shareholders. A few years ago a shareholder group disrupted our annual meeting to insist that IFP make certain antipollution changes. In general, though, the shareholders seem to be more concerned with the return on their investments than with social responsibility. At our meeting, the president reminded me that, just like every other manager in the company, I should place the shareholders interests above all else. I really was quite overwhelmed as I began to work up a personnel plan that would balance all of these conflicting interests ** 1. How might each HR function be affected by the reduction in force? Remember that all employees at IFP are not members of the NIOR 2. List the elements in the company's environment thar wall affer Scott's suggested plan How legitimate the interest of each of these 3 Is it true tha: Son could be concerned first and foremor with protecting the interests of the shareholders Discuss 4. Corporate culture discussed in this chapter for Internal environmental factor affecting an organizarion Hex mught the domesting of International Forest Products affect the corporate culture of the compani