How will you apply the three managerial skills to find solution to the existing problem

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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ABC Ltd, manufacturers of alcoholic drinks have been heavily hit by the
COVID-19 pandemic. Their major sales over the years have come from
demands from customers during occasions like weddings, funerals, naming
ceremonies, clubs, and other large social gatherings. The company could sell
over twenty thousand bottles of alcoholic drinks in a week.
Following the initial ban on social gatherings and the current restrictions on
large gatherings, demand has reduced drastically to just two thousand bottles a
week.
The company has been forced to temporary lay off about 70% of their total
workforce and even lack the financial strength to give them any stimulus
packages.
The Management met the union leaders and ordered them to inform their
members to stay home until further notice. One vocal member of the unions,
Mr. Wilson informed Management of the unfair treatment meted out to the staff,
i.e no financial packages, no support whatsoever and demanded from
Management to support the staff.
The CEO was infuriated by the action of the member and asked the HR
Manager to prepare his sack letter with no benefits. The other union leaders all
got very angry and walked out of the meeting.
The few staff left are also on sit down strike and the company is almost
collapsing.
At an emergency meeting by the Board to find immediate solution to salvage
the company, you were appointed as a Consultant to help revive the business
and find solutions to the problem and seeming tension between Management
and staff.
a) How will you apply the three managerial skills to find solution to the
existing problem

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