Essay Prompt
As you may have heard, American automobile manufacturer General Motors announced Monday November 26th that it will be idling 5 factories and cutting roughly 14,000 jobs in North America in the coming months. With the help of the articles linked below (as well as any others you want to use), you and another classmate are to undertake a Stakeholder Analysis of the situation that responds to this question: What should CEO Mary Barra do in the aftermath of this layoff announcement, given the critiques raised in the media?
To do so a, please address (~7 pages) the following questions: 1) Who are the GM’s 5 most important stakeholders (explain why you included these and excluded others) in this layoff situation, and what are their stakes? 2) What attributes (power, legitimacy, urgency) do these various stakeholders hold in this situation? How might relationships among the various stakeholders affect these attributes? 3) What economic, legal, ethical and philanthropic responsibilities does GM/Barra have to these various stakeholders in this situation, and why? 4) What specific actions (involve, collaborate, monitor or defend) should the GM take with each stakeholder? Be specific, and fully explain how the action you recommend for each stakeholder will help to provide some resolution to the situation.
https://www.nytimes.com/2018/11/26/business/general-motors-cutbacks.html (Links to an external site.)Links to an external site.
https://www.wsj.com/articles/gm-says-it-will-cut-15-of-salaried-workforce-in-north-america-1543246232 (Links to an external site.)Links to an external site.
https://www.cnn.com/2018/11/26/business/gm-jobs-electric-cars/index.html (Links to an external site.)Links to an external site.
https://www.bloomberg.com/news/articles/2018-11-26/gm-to-cut-10-000-jobs-targets-5-factories-for-closing-next-year (Links to an external site.)Links to an external site.
https://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2018/11/27/the-finance-202-gm-layoffs-pierce-the-heart-of-trump-s-maga-promise/5bfc1c0d1b326b60d1280025/?utm_term=.ed7979a98839 (Links to an external site.)Links to an external site.
https://itep.org/gm-announcement-confirms-tax-cuts-dont-prevent-may-encourage-layoffs/ (Links to an external site.)Links to an external site.
https://www.nytimes.com/2018/11/28/opinion/trump-gm-layoffs.html (Links to an external site.)Links to an external site.
https://www.forbes.com/sites/stephaniedenning/2018/11/29/why-the-general-motors-layoffs-were-strategic/#4586698d5d5e (Links to an external site.)Links to an external site.
https://www.detroitnews.com/story/business/autos/ford/2018/11/29/gm-moves-put-ford-hot-seat/2125820002/ (Links to an external site.)Links to an external site.
https://www.politico.com/magazine/story/2018/11/29/general-motors-trump-layoffs-factories-auto-industry-222696 (Links to an external site.)Links to an external site.
https://www.cnn.com/2018/11/30/economy/gm-job-market/index.html (Links to an external site.)Links to an external site.
https://www.washingtonpost.com/news/monkey-cage/wp/2018/12/02/gm-thinks-layoffs-will-boost-its-bottom-line-the-reality-is-more-complicated/?utm_term=.7cc3e50de1fe (Links to an external site.)Links to an external site.