In the last decade, Semiconductor Manufacturing International Corporation (SMIC) had developed a unique set of benefits and cultural comforts for its workers, including a beautiful residential campus, called the Living Quarters (LQ), and a reward winning global school from pre-kindergarten all the way through twelfth grade that by 2012 registered over 2,000 pupils.
These amenities enabled the business to attract and retain high quality employees at modest pay; yet, the company had lately experienced some financial difficulties, a shrinking number of new accessible dwelling spaces, and questions about how important it was for a semiconductor business to be operating a school. Hence, these advantages now presented significant dilemmas for the SMIC management team, including how the firm can justify the costs of these gains to investors in the face of the company's other fiscal challenges.
PUBLICATION DATE: November 26, 2012 PRODUCT #: 413083-PDF-ENG
This is just an excerpt. This case is about LEADERSHIP & MANAGING PEOPLE
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