Total Questions : 1
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Case Study
You are the newly appointed CEO of a struggling public sector enterprise tasked with its turnaround. The company's inefficiency stems from overstaffing and outdated practices. Your analysis shows that laying off 30% of the workforce and implementing modern management techniques could make the company profitable within two years. However, this would cause significant hardship for the employees and their families in a region already facing high unemployment.
The government, while officially supporting reforms, has privately indicated they want to avoid layoffs before the upcoming elections. You must decide whether to proceed with the layoffs and reforms, knowing it's the best path for the company’s long-term viability but at the cost of short-term social and political ramifications. The case highlights the tension between professional ethics, political pressures, and personal moral values in a post-bureaucratic setting where traditional hierarchies and rules offer less guidance.
1. What are the stakeholders involved in this case?
2. What ethical dilemmas do you encounter in making this decision?
3. What steps will you take to address the situation while balancing competing interests?
GS Paper 4 Case Studies
