Friday, May 1, 2020

Cypress Semiconductor free essay sample

A strong, valid point can be made on the part of our company without the need for lengthy descriptions of corporate practice and explanatory examples. Another aspect of the letter I feel may benefit from some revision is the general tone toward Sister Doris Gormley and The Sisters of St. Joseph. While the letter develops in somewhat of a demeaning and negative manner, our company wishes to shed a respectful light on all shareholders. This is not to say that the meaning of the response shall be lost, but that the delivery of it is appropriately presented. I have attached a draft letter of response to Sister Doris with the aforementioned revisions. Doris Gormley, OSF Director, Corporate Social Responsibility The Sisters of St. Francis of Philadelphia Our lady of Angels Convent – Glen Riddle Aston, PA 19014 Dear Sister Gormley: Thank you for your letter regarding the racial and gender diversity of the Cypress Semiconductor board of directors. This is not to say that the meaning of the response shall be lost, but that the delivery of it is appropriately presented. I have attached a draft letter of response to Sister Doris with the aforementioned revisions. Doris Gormley, OSF Director, Corporate Social Responsibility The Sisters of St. Francis of Philadelphia Our lady of Angels Convent – Glen Riddle Aston, PA 19014 Dear Sister Gormley: Thank you for your letter regarding the racial and gender diversity of the Cypress Semiconductor board of directors. As the same letter was received last year, I will attempt to clarify our management decisions and stance on the issue. The board of directors holds a very critical management function within or organization with the following criteria essential for membership: -Experience as a CEO of an influential technology based company -Direct expertise in the semiconductor industry based on education and management experience -Direct experience in management of a company that buys from the semiconductor industry You are correct in proclaiming that women and minorities are continuing to move into upper level management positions in the business world; however this diversification is still in a growth stage. Currently the pool of candidates for our board of directors tends to very heavily represent the demographics currently holding positions on the board. As the previously described diversification of the workforce reaches levels consistent with the required knowledge, experience, which it will in the near future, a broader range of candidates will be available; naturally resulting in many organizations being then able to form a board of directors representative of the diversified potential members. At this time, as it will be in the future, our board of directors is selected with great care and concern with a primary focus on ability to bolster profits. This is a duty for which we are responsible to our shareholders. Cypress Semiconductor in no way aims to discriminate outside of what is legally and technically required to be a member. If you have any further questions regarding Cypress Semiconductor Corp. , my explanation of reasoning, or exercising your shareholder’s right feel free to contact us.

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