A Bomb in Your Pocket
A Bomb in Your Pocket
A Bomb in Your Pocket
Executive Summary
In 2007, there has been a manufacturing discrepancy in one of the battery models of Nokia, BL-5C Production lot that was manufactured by Matsushita between December 2005 to November 2006 Advisory was released in India on 14th august 2007 Consequence was that this news was taken in a negative sentiment Advisory mentioned the replacement of the battery in 15 days if the battery was found to be a defective BL-5C battery Managing director of the company, Mr Shivkumar, is in a dilemma how to combat this situation
Company management should come up with a strategic plan to address the issue at the earliest Preventing any damage to the brand image of the company
Magnitude of crisis
Issues that magnify the intensity and the complexity of the case
Being market leader any damage to brand image & can lead to long term negative consequences Potential harm to the public would lead to severe repercussions Real test for the company how well and effectively it can manage the replacements Negative sentiment that is being spread by the media should also be stopped from expanding
Communication to stakeholders
Stakeholders of the company should be communicated very strategically
Consumers have to be communicated the process of replacement via advertisements through every possible channel Media has to be apprised about the latest developments and spokesperson of the company should be in continuous touch with the media Retail distributors have to be asked to assist in the logistics planning Employees have to be requested to cooperate in this adverse situation
Thank You!!