Morgan Moe's Drugstore Analysis
Morgan Moe Drugstores
Management Style Analysis
TABLE OF CONTENTS
Morgan Moe Drugstores 1
Analysis Team 4
Introduction 5 The Problem 5 “Mans Search for Meaning” 5 The 5 programs 5
The Study 6
Table 1: Study Results 6
Analysis Team
Annie Malpartida
Brad Ingram
Daniel Ojst
Fernando Lamelas
Jeremy Spund
Introduction
The Problem
Manufacturing across the Midwest has seen sharp declines in the May 08 to May 09 Year. The automotive industry saw a reduction of over 39%, Steel output was down 36.8%, and manufacturing as a sector saw a 24% decrease.[i]
But what does this mean for Morgan Moe Drugstores? Why is manufacturing so important? The Midwest primary output is manufacturing and agriculture. A decline in either one of these sectors means that the workers driving the Midwest economy have less to spend; meaning that the economic circulation in the region as a whole decreases.
This loss of manufacturing is seen in the falling revenues of Morgan Moe. In many ways, the company has dealt with the difficult economic climate well. It has closed underperforming stores, consolidated the workforce, and reduced overhead.
However, the laying off of many employees had some consequences. Negative press, internal rumors, and malcontent are spreading through the workforce. Websites like www.Ihatemorganmoe.blogspot.com are developing to further spread the discontent of laid-off workers.
“Mans Search for Meaning”
Upon reading this book, Jim Claussen, the Vice President of Human Relations, read a book by the psychologist Vicktor Frankl.
Man’s Search for Meaning by Viktor Frankl[ii] is the biography of a man surviving the German Concentration Camps during World War II. The book highlights three stages of decline: shock, apathy, and depersonalization followed by a period of recovery portrayed by: depersonalization, deformation, disillusionment/bitterness and finally dispersal. The key point of the book that was taken away is
Management Style Analysis
TABLE OF CONTENTS
Morgan Moe Drugstores 1
Analysis Team 4
Introduction 5 The Problem 5 “Mans Search for Meaning” 5 The 5 programs 5
The Study 6
Table 1: Study Results 6
Analysis Team
Annie Malpartida
Brad Ingram
Daniel Ojst
Fernando Lamelas
Jeremy Spund
Introduction
The Problem
Manufacturing across the Midwest has seen sharp declines in the May 08 to May 09 Year. The automotive industry saw a reduction of over 39%, Steel output was down 36.8%, and manufacturing as a sector saw a 24% decrease.[i]
But what does this mean for Morgan Moe Drugstores? Why is manufacturing so important? The Midwest primary output is manufacturing and agriculture. A decline in either one of these sectors means that the workers driving the Midwest economy have less to spend; meaning that the economic circulation in the region as a whole decreases.
This loss of manufacturing is seen in the falling revenues of Morgan Moe. In many ways, the company has dealt with the difficult economic climate well. It has closed underperforming stores, consolidated the workforce, and reduced overhead.
However, the laying off of many employees had some consequences. Negative press, internal rumors, and malcontent are spreading through the workforce. Websites like www.Ihatemorganmoe.blogspot.com are developing to further spread the discontent of laid-off workers.
“Mans Search for Meaning”
Upon reading this book, Jim Claussen, the Vice President of Human Relations, read a book by the psychologist Vicktor Frankl.
Man’s Search for Meaning by Viktor Frankl[ii] is the biography of a man surviving the German Concentration Camps during World War II. The book highlights three stages of decline: shock, apathy, and depersonalization followed by a period of recovery portrayed by: depersonalization, deformation, disillusionment/bitterness and finally dispersal. The key point of the book that was taken away is