1. What resources will be required to facilitate the change? fiscal Resources- Some financial resources that southwesterly potful utilize may be to pay dividends on their stocks in order to temptingness investors. With more(prenominal)(prenominal) investors, they could expand their service to more cities, and eve raise their fleet of planes with more modern technology such as Wi-Fi or televisions. They could also add newer, more efficient planes to their fleet, which condense commodious term costs one fuel and maintenance. Southwest could even decrease ticket prices, while adding a nonher wages or increasing the baggage fee just to entice more customers. Acquisitions are also another enormous track to acquire the come with more money. Human Resources- Southwest has the highest pct of regular employees in the airline industry. Something human resources and Southwest good have it away do as a company is transition to more part-time employees. By hiring part time employees, the company ordure choose whether or not they saturnineer benefit packages to these employees, thence deliverance money. Another thing human resources suffer do is hike risk management and safety, which advise decrease the digit of lawsuits or accidents in-turn making the company more profitable. Also, the company can also looking into restructuring the entire work force.
Lay attains may be realizable and or the reduction of salaries, to continue to keep the company profitable. initiation of New Hubs- The creation of new hubs would lead to change order of magnitude costs/spending in the short term due to labor and expansion costs, but i n the long by offering more flights and opti! ons, they attract more customers which lead to append revenues. The construction costs can be written off on their taxes also. Creative Thinking- Creative thinking is a broad way to increase sales and have more passage for the airline. Maybe Southwest as a company can come up with a way to cope with the hassles of perfunctory by instituting new more intuitive ideas that competitors do not offer....If you want to get a full essay, order it on our website: OrderEssay.net
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