1. What resources will be required to facilitate the change? monetary Resources- Some financial resources that southwesterly potful utilize whitethorn be to pay dividends on their stocks in order to allure investors. With to a abundanter extent than(prenominal) investors, they could expand their service to more cities, and tear down raise their croak of planes with more modern technology such as Wi-Fi or televisions. They could as well as add newer, more efficient planes to their fleet, which condense foresightful 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 run into the come with more money. Human Resources- Southwest has the highest pct of full-time employees in the airline industry. Something human resources and Southwest good look at do as a company is transition to mo re 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 pass on risk management and safety, which merchantman 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 transfers may be realizable and or the reduction of salaries, to continue to keep the company profitable. mental home of New Hubs- The creation of new hubs would lead to change magnitude costs/spending in the short term collectable to labor and expansion costs, but in the lo! ng by offering more flights and options, they attract more customers which lead to affix revenues. The construction costs can be written off on their taxes also. Creative Thinking- Creative thinking is a great way to increase sales and have more painting for the airline. Maybe Southwest as a company can come up with a way to cope with the hassles of cursory 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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