ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Analyzing Maulden Mill's Strategy

Updated on January 16, 2022

Although the occurrence of sudden fire at Mauldin Mills could have been an accident, it caused serious implications on its customers, employees and surrounding communities. This implies that the firm had to be blamed to some extent.It could also mean that the management had not taken sufficient proactive measures toprevent suchdisasters or recovery plans to mitigate the impact. Mauldin Mills had therefore to be responsible for the risks and loss incurred by the employees, customers, suppliers and the community who were affected by the incident. From my perspective, Ifind that the fire had been started by some other people, of course with ill intentions. Such an intention was to collapse the firm and force it to move elsewhere for malicious purposes. The CEO, Mr. Aaron Feuersten, seemed to have understood what was going on, thus the reason why he opted to rebuild the factory at the same venue. It is also interesting that he continued to pay his employees the full salary and benefits during the period of closure. In doing this, he had indeed shown his responsiveness tohis employees since there was no need for them to suffer for mistakes or misfortunes that were not of their own undertaking.

It is also not surprising that this generous act by Feuersten towards his employees brought him into international fame and recognition. Because of this, he was often asked to speak in international businessconferences due to his heroic acts. This act indeed had heralded him as a man of virtue, an ethical man in a world that was depicted with mass layoffs due to job redundancy and economic hardships and leadership failures in many other firms.

Among the ethicalissues found in this case is the necessity of paying employees when they have not actually worked for the company. Mr. Feuersten went against labor laws which only requires employers to pay exempt employees full salary in the event of a disaster in the workplace which could make the workplace closed for only less than a week.The law alsorequires employers to allow his employees leave during such a time.However, it should be considered that Feuersten offered to pay hisworkers for more than threemonths that the company was not in operation. This decision may have been based on the ethical considerations on the part of the director that since he still needed these workers once the factory was ready, they had to be given their full wages plus benefits in order to live a life which they were used to. If they were not given such benefits, then they and their families could suffer.

However, this “acts of charity” brought another ethical dilemma for the company, and this is that by continuing paying workers who are constructive in the firm, then the company coffers were drained. Consequently, the company could not be able to regain its strength due to strained resources. Once the company becomes bankrupt, then it could not be able to employ or continue paying these workers anymore, thus subjecting them to the same problem it was trying to evade. True to this assumption, Mauldin Mills went on to become bankrupt and had to fire many of its workers.

For this case, the key characters were the employees, and customers who were directly affected by the fire disaster. There are suppliers who provided the company with raw materials, those these are not immediately mentioned. Other key stakeholders are the senior management of Maudin Company, since Mr. Feuersten could not have possibly worked alone in the senior management. The director is also akey character due to his acts andbehavior after the occurrence of the incident. For suppliers, they could no longer continue with their supply contract whole customers were unable to obtain their preferred apparel from the manufacturer. There are also the community in which Mauldin Mills operated which had received immense benefits from the manufacture. We are informed that the company injected into the local economy more than 100 million dollars per annum from its proceeds. The local and national government was therefore, a beneficiary of MauldinMills and upon its closure, it is certain that they lost significantrevenue in the process.

Although Mr. Feuersten could be considered a hero for his acts towards employees, thisact hampered the company. What the director could have done to avoid this loss is to lay off employees who were not very critical or those whose expertize were not so critical to the firm. In other words, the CEO could have simply terminated employment for employees whose expertizewere not so critical to the firm. However, he should have given them emotional and psychological supports to enable them cope with the situation. This could have been very helpful as these employees could have prepared themselves to find another job while Mauldin Mills was recuperating. Alternatively, the employer could have found alternative job options for his employees at another location or firm.If this measure had been consider, it is very possible that the company could not have gone bankrupt. Therefore, it could have continued being useful to the community and the nation at large. Further, the management at Maudlin Company could have set up a business continuity plan that could have enabled them manage such a situation.

Having contributed immensely to the local and national economy, the government could have come in and assisted the company to recuperate even if it means regaining the funds at a later time. This could have assisted the company to rebuild itself faster and therefore save the situation. Employees could not have stayed off or be paid for such a long period.

Personally, I would recommend implementation of Business continuity planning (BCP) which are very helpful in mitigating disasters and for safety. BCP will assist companies to design effective measures on how to control the potential hazards and risk in production. With a carefully thought out BCP, an organization may be able to continue business operations even in the occurrence of a particular disaster (Elliot et al 1999, 48). This recommendation would not be different even if Mauidin Mill or any other company were a publicly traded entity. This owes to the fact that BCP is not only applicable but necessary for all companies, whether small or large, private or public.

working

This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://corp.maven.io/privacy-policy

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)