Reputation and talent - Essay Example

Imagine you are working in an organization which is the largest third party manufacturers in the world. A company which manufactures iPhones, iPads, Playstations, Xbox and other modern gadgets and is among the Fortune 500 Companies in the world. Yes, I m talking about Foxconn, a Taiwan based company which is the actual force behind Apple, Microsoft and other leading technology giants and helping them to manufacture millions of electronic gadgets every year.Being the company of the choice for leading electronic manufacturers, it is also at the center of attention of the world and as a result of this, it has to deal with issues and complications which are relatively different from others.

The most important sustainable issue therefore to be discussed and explore is that of the reputation and talent management. Issues related with the labor, overtimes, low pays and unhygienic working conditions are some of the issues which constantly spring up in the media regarding Foxconn and which is ultimately hurting the reputation of our clients also. Apple has been focus of the controversy due to Foxconn.To successfully deal with this issue and to ensure that such negative publicity do not occur again, it is to be ensured that a systematic and thorough understanding of the Foxconn’s working environment will be conducted.

Since Foxconn works in a particular cultural environment also therefore the emphasis would be placed upon helping the world to understand the actual cultural context within which Foxconn operates and how it is going to address all the related issues.In order to overcome the situation, a complete stakeholders’ analysis will be made to address the issue. Most important stakeholders will be taken into consideration and their views and concerns will be addressed. Especially those of Foxconn’s clients which operate into West and are subject to strict regulatory and ethical challenges regarding their operations and supply chain will be taken into consideration also.

After discussions and thorough systematic study of the factors contributing towards the negative reputation of the firm, strategies will be recommended. Based upon the factors identified and the overall requirements of the stakeholders, a through change management plan will be implemented to overcome the management weaknesses and other related issues which are contributing towards this. After successful implementation of the plan, it is expected that the numbers of complaints in this regard will be reduced.

Further, the employees will be offered incentive packages and improved compensation along with better working conditions. In order to manage the workload and meet the demand from large buyers such as Apple, more plants will be set up along with systematic and gradual replacement of human labor force with robots and other technology related manufacturing sources.Thus, to improve the reputation of Foxconn and retain the overall talent within the organization, it will be recommended that a thorough stakeholders’ analysis shall be performed to understand the requirements.

Apart from this, a systematic review of the required regulations to be met shall also be considered to overcome this situation.