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Unit 1 IP 2 Lobbyists for organized labor have repeatedly tried to persuade the government into passing a law regulating plant closings Their reasons are directly linked to cases such as the Shutdown in Eastland Michigan at Speedy Motors Co After laying off nearly 2000 workers the community has concerns if the close could have been handled differently Beauchamp and Bowie 2004 Page 89 In this paper the author will attempt to devise a proposal as to how the closing could have been handled differently The author will discuss the terms of the close the affected stakeholders and how their interests will be considered who is responsible for relaying the information about the close and how the news of the closing will be handled It is not the intent of the author to neither sway nor influence opinions merely to show an alternative solution with sufficient data to support the idea Propose a plan to close the plant 1What would be the terms of the close what notice would you give and what benefits would you provide 2Describe all of the affected stakeholders and how their interests will be considered 3Who do you propose should take primary responsibility for those laid off as a result of the closing 4How will this news be communicated to the workers press and community Having abandoned all hopes of turning around the fortunes of Speedy Motors Company the board found no alternative other than closing the business down The constant threat of competition in the automotive industry led to this decision plus the inevitability of declining sales Management at Speedy Motors met briefly to decide the notice that would be given to the employees and the benefits that should be provided to them The notice given was a 3 month notice and each member of management felt as if they
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