The assignment focuses on Foundation of Management and Ethics. In Addition, there is a description of Corporate Social Responsibility(CSR). So, discuss the skills and roles of a manager when it comes to dealing with a crisis.

Foundation of Management and Ethics – Corporate Social Responsibility(CSR)

Malaysia Airlines Cuts Senior Management Pay By 10%, No Allowance

Firstly, KUALA LUMPUR (March 9): Malaysia Airlines Bhd (MAS) is cutting salary of its senior management by 10% starting this month, says its group CEO Captain Izham Ismail, adding that they will no longer receive allowance. Secondly, Izham said, the cut is part of measures to address the sharp downturn in demand amid the coronavirus (Covid-19) outbreak. Also, he warned that more cost-cutting measures will be introduced in the coming days. You have heard over the past couple of weeks how airlines around the world from Emirates to Cathay Pacific, Singapore Airlines (SIA) and Malindo Air have been forced to take hard measures in order to preserve cash flow.

Foundation of Management and Ethics – Corporate Social Responsibility(CSR)

The senior leadership team and I have also been brainstorming potential measures to do the same for MAG (Malaysia Aviation Group) and we will decide the immediate and long-term actions in a matter of few days. he said in the video. Firstly, the impact (of Covid-19) to the market is tremendous. Secondly, people are not travelling. Businesses not operating as they used to be and the aviation landscape has changed tremendously. MAG is not spared from all of this he said. Also, according to reports. SIA cutting salaries of senior management by 10-15% starting March 1 and offering a voluntary no-pay leave scheme to employees.

Foundation of Management and Ethics – Corporate Social Responsibility(CSR)

While Malindo Air will imposing a 50% pay cut on its staff in addition to two weeks of unpaid leave to cope with the impact of Covid-19. Firstly, discuss the skills and roles of a manager when it comes to dealing with a crisis. Secondly, In your opinion, does the decision they made works for everyone in the organisation?

Foundation of Management and Ethics – Corporate Social Responsibility(CSR)

Firstly, how would you conduct the decision making process at this difficult time?  Also, since all employees will affected by the crisis, do you think that group decision making the best decision for your company. Besides, discuss when crisis occurs, leaders expected to take immediate actions and decisions to minimize the impact of the crisis. There a few barriers to effective decision making that one must take into consideration during this critical moment. Finally, discuss these barriers, and describe the keys to effective decision making.

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