Customers do have choices. Everyday this strike continues, they are choosing the competition. Verizon's customer approval rating is at a 3 year low. This Strike is affecting all aspects of Verizon business. These are the facts. When do you cut your loses, and ask yourself is this really worth the effort and cost? Not just in revenue, but in your employees motivation to work for this company. Employee motivation has always been a central problem for leaders and managers. Unmotivated employees are likely to spend little or no effort in their jobs. Is the Strike issues worth it for the company? If you look to the bottom line in profit....No.
5 replies (most recent on top)
3 weeks ago
Somebody really loves that investorplace.com! Now that's what I call JOURNALISM!
This was a better article...
http://www.counterpunch.org/2016/04/29/verizon-sticks-it-to-its-workers-because-45-billion-isnt-enough/
Strikes don't end up in brand damage. Unions have been around since the beginning of time and everyone from Chrysler to AT&T to Verizon and the airlines have had them.
Brand damage is just wishful thinking that the unions have. In reality most people don't even know Verizon is having a strike right now, and those that know don't really have an opinion (the people who do have an opinion, for the most part, are against the union. Unions have a bad reputation for being outdated, overbearing, and entitled).
The only long lasting damage likely to come out of this one is the union members' careers. The union doesn't have any leverage since they work for the smallest part of the company financially, and if the rumored lockout happens they will be scrambling for jobs. Most companies these days stay away from hiring union people because of their sense of entitlement.
http://investorplace.com/2016/04/verizon-strike-vz/#.VyT5je_2bIV
yea, ok
Pride can be ugly. On both sides of the coin.