Case Study: Filipro, Inc. Essay

I. ViewpointMr. Delfin CastillejosII. Time FrameJuly 24, 1984III. Statement of the ProblemWhat leave alone Filipro, Inc. do regarding the on-going strike at Alabang and Cabuyao plants because of unfair labor practices?IV. Statement of the ObjectivesTo unthaw the problem between the management and the workers of the telephoner To make a good consanguinity with some potential sources of funds such as commercial bankers and investors by giving the demands of the tangency workers To develop a good employer-employee relationshipV. Areas of considerationIt is a company of nutritional products (milk, coffee, soya-based products, infant dietetics) The products are in demand in the marketThe company is steady and gainfulUnfair labor practices by company managementOn-going strike by workersLow sales when it comes to infant formulas or baby foods (10%) Competitors in the market, the CFC and race Foods, Inc. Well-known productsMarket acceptance abroadThe company can introduce more health b ased productsThe company might lose the possible sources of funds due to on-going strikeVI. Alternative Courses of natural actionAlternative 1 Improve the policies as well as the charitable behavior and human resource management of the company Alternative 2 Give or supplement the demand of the workers (UFE- Union of the Filipro Employees)VII. Evaluation of the Alternative Courses of ActionAlternative 1 Improve the policies as well as the human behavior and human resource management for the of the company The advantages are the ff.Harmonious relationship among the management and the workers will build More investors will easily encourage to investThe disadvantages are the ff.Slow to adopt the new sets of policies and proceduresMore time will consume in orienting them the new managementAlternative 2Give or supplement the demand of the workersThe advantages are the ff.The workers may stop from strikingWorkers can add more good reputation to the company by giving them their demands Re build good relationships between the management and the employees The disadvantages are the ff.Time eat because it will take time to convince the striking workers Additional expenses for the companyVIII. RecommendationI choose to recommend the Alternative 2. Give the demands of the workers the Union of the Filipro Employees (UFE) concerning most the union affairs and labor practices. The management will give the right and fair treatment among the employees in Alabang and Cabuyao plants like in the other plants financially and morally. cover with them the workers about giving the CBA (Collective Bargaining Agreement). Although this alternative is additional to the expenses of the company, they can afford to give the demands of the workers and the members of the union. Since it is stable and profitable organization, workers can demand more financial avail and morebenefits. They can cover up the expenses forFilipro, IncBALANCE SHEETSDecember 31, 1983 and 198219831982Increase or (D ecrease)ASSETSAmountPercentCurrent Assets1,091,564,748886,120,318205,444,43023.18%Investment in Shares of Stock3,487,1203,487,120Property, embed and Equipment468,763,650344,537,676124,225,97436.06%TOTAL ASSETS1,563,815,5181,234,145,114329,670,40426.71%LIABILITIESCurrent Liabilities898,609,980643,186,565Deferred Income Tax13,147,8275,815,718Total LiabilitiesSHAREHOLDERS rectitudeCapital Stock379,450,000270,000,000Advance Payments on stock subscriptions3,170,65746,250,788Retained Earnings269,437,054268,892,043TOTAL SHE652,057,711585,142,831TOTAL LIABILITIES AND SHAREHOLDERSEQUITY1,563,815,5181,234,145,114IX. Action PlanSpecific ActivityTime FramePerson ResponsibleBudgetMeet and discuss with the union and management the demands of the striking workers 1 weekMr. Delfin Castillejos and the unionEvaluate the financial statements of the company1 weekMr. Jose AsperillaSupply the demands of the workersSeptember 1984 up to presentManagementFacts of CaseDescription forceWeaknessOpportunities ThreatsStable and profitable organizationNutritional ProductsProducts are in demand in the marketUnfair labor practicesCompetitors in the market (CFC and Commonwealth Foods, Inc.)Well-known productsMarket acceptance abroadMight lose the possible sources of fundsMore health based products to advertise