Presentation of the CEO’s Position 2

As the CEO of Kardell’s it is my responsible to examine each of the views of the stakeholders and form a course of action concerning the sonox issues. This course of action in which I choose will be solely based on facts and should be in the best interest of the company not on personal feelings of the concerned parties. The proposed plan would involve shutting the plant down for approximately a year and then only partially running for the next year in order to make the necessary upgrades to keep the contamination from happening. The first group’s concerns that I will examine will be the investors. Their primary concern is the rate of return they get on their investment. They have come up with an alternative plan to keep from shutting down the plant for the two years. Their argument is that there is no evidence that the Sonox chemical have a negative impact on the environment or the health of the people in the community and because of these facts, the plant should not close for any period of time and loose profits. The next group is the citizens of Riverside. The citizen’s primary concern is the health of the people in their community and the affects of the environment of the contamination of the Sonox chemical that might be going into their water supply. They understand that if the plant must be closed for a period it would hurt their economy in the community but they are only concerned about the health of people, animals and the environment now and in the future. The citizens are adamant that action must be taken immediately. As for the concern of the legal counsel, they are concerned that lawsuits may come now and in the future from the possible contamination of the Sonox harming people or the environment. The employees are concerned with the possibility of being out of work for an extended period of time, which would hurt