Monday, September 9, 2019
Case study #1 Essay Example | Topics and Well Written Essays - 1000 words
Case study #1 - Essay Example Thus, for the better understanding of the competencies and shortcomings of Forest International, aimed at suggesting rational strategies to overcome the identified issue, a SWOTT analysis has been assessed in the below mentioned section. Strengths. Forest International has annual revenue of $11 billion along with employee strength of 45,000, which makes it quite competent to invest in safety measures. Although employee turnover is negligible, it does not embark on the employee loyalty but rather on the economic construction of the region where workers are somewhat forced to work in hazardous conditions. Opportunities. In the course of improvement of safety records of the company, it can seek for the assistance of standards developed by Federal OSHA, to ensure the safety of paper mills industry. Correspondingly, the company must abide with the 1910.145 standard under the OSHO Code, which emphasizes the prevention of accidents during the duty work of the employees (US Department of Labor, â€Å"Pulp, Paper, and Paperboard Mills†). Threats. The major threat that Forest International have been facing is the downfall of its market share as compared to that of its competitors. Due to its lack of sustainability concerns and frequent workplace accidents, the company also faces threats in terms of lowering stakeholders’ loyalty. Trend. In accordance to the past records, it was observed that the accidents occurred in Forest International was the consequence of the management’s negligence. Jack Taylor, crew leader had once reported an accident caused due to the loosened up jack in the machinery and suggested the management on ways of improving safety lines. However, it was ignored by the management. Thus, emphasizing this particular issue in the report, few of the measures for improvement of safety lines in the company is being suggested gauged with rational
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