In the case of Intuit, Steve Bennett refocused the company’s development strategy to make it more customer-driven. The focus on entering new markets and developing new products took advantage of the pre-existing entrepreneurial spirit of the company but at the same time added strategic focus, addressing the more laid-back culture of Intuit. This made the organisational culture change easier for employees to adapt to and his smart leveraging of the existing culture allowed the company to achieve double-digit revenue growth in his first year. (Groysberg, McLean & Nohria, 2006) James McNerney too enjoyed great success in 3M. 3M’s scientists were technically savvy and performance-oriented, and McNerney’s plans for process improvements sat well with them. They became more receptive towards the practices McNerney brought over from General Electric, allowing focus to shift quickly and strongly towards execution. In moulding a familiar culture to incorporate good practices of another rather than destroying that and starting from scratch, McNerney was able to make profits and stock price climb 35% in three years. (Groysberg, McLean & Nohria, 2006) These successes are consistent with the finding that human nature holds “a strong preference for stability and continuity” (Brooks & Bate, 1994). By allowing some of the original practices to continue, employees would be able to
After thorough investigation of the Lincoln Electric Company’s (LEC) Harvard Case Study, certain understanding and reflections may be made about the company’s culture from a multi-faceted perspectives such as the visual aspects of culture and its maintenance dynamics as observed in the textbook’s Chapter 8.( Carpenter, Taylor, & Erdogan, 2009)
Looking at the impact of external environment on select companies, we’ll look at both Ford Motor and General Motor companies. The Ford Motors company approximately had 14 percent market share in the U.S. automobile industry (David, 2011). The company had recovered a lot after the impact of recession in the year 2008. The company has been investing in developing vehicles which use alternate energy sources, and is having global presence and brand reputation for its automobiles. The company has received government support during the recession period, and had to cut down thousands of jobs and adopted latest machinery for enhancing the productivity of the company. The Ford Company has also established financial services to expand and cater to the needs of their customers to purchase a vehicle, providing direct loans from the company. Currently, the external environment is conducive for Ford Motor Company, expecting for a demand for its products in the coming three years. The tax, fiscal, and economy policies in the present automobile market are favorable for the Ford Motor Company at the national and international levels.
The following peer-reviewed, academic journal article has been secured from the Virtual Library at Kaplan University. The article has been formatted using the APA hanging indent format. The article reference is shown below and in the References page.
An organisations culture is a reflection of its identity. How employees act and talk about the business reflects on Boost Juice’s brand imagine (Chron,2016). Looking at Grace for example, Janine said that she reflects the youthful Juice Boost culture. Having a positive motivated manager will reflect on the whole team and inspire them. When Tina started cutting back her hours as a manager at her store in Perth due to health issues, the stores figures went down, proving that the team follow the attitude and effort put in by the manager. Boost Juice even says on their website that “every company is only as good as its people”. The Boost Juice employees work together as a ‘team’ rather than a ‘group’, the difference being a group simply share collective norms and goals whereas a team have complementary skills and are committed to a common purpose. Working as a team rather than a group means that Boost Juice workplace cohesiveness is improved and productivity is increased. (Kinicki, Scott-Ladd, Perry & Williams,
Organizational culture defines a jointly shared values and behaviors that contribute to the social and psychological environment of an organization. In The Wolf of Wall Street, Jordan Belfort, the narrator and the central character, described the culture of his company, Stratton Oakmont, to be very straight-laced and buttoned-down. Jordan Belfort’s memoir about his rise and fall at the Wall Street was driven by his lifestyle, drugs, sex, and high
The professional supervision is something where workers are provided with the responsibility from the Organisation to work with each other in meeting up certain personal, professional and Organisational objectives. The aim of supervision is for the workers and employers to get along and conduct face to face meeting in order to evaluate and reflect effective progress within their work practice. While undertaking supervision, it is necessary to explain the total workload of each and every employee, highlight competences, training needs and skills. This gives the chance for discussing any conflicts which the individual might face with other colleague, service user and the way the project is taken under consideration, along with freely allowing
" Leadership is the ability of a superior to influence the behavior of subordinates and persuade them to follow a particular course of action." - Chester Barnard
How the latest edition (3rd) of the ASX Corporate Governance Principles plausibly halts the failure of Dick Smith Electronics (DSE) will be discussed in this essay. I argue that 3rd of ASX Corporate Governance Principles might not be the best corporate governance practices for the listed entities in Australia. As can be seen from the DSE case, it complied with the majority of the principles and recommendations, but the DSE’s collapse still happened. Therefore, the better application of this practices should be developed.
Gulf of Mexico is one of the valuable place in which it has variety of marine life, such as fish, shrimp and other species The issues of incident on spill oil should be on concerned as it leads to this disaster for human being and environment. The case is discussed how BP company responses. It means how its board and management accountability, corporate responsibility, risk management, code of conduct and whistleblowing, compensation practices, and stakeholder communications react on this disaster.
Organizational Behavior is the field of study which investigates the impact that individuals, group and structures have on behavior within the organization. We are born in an organization, we live, we work and most probably we will die in an organization. Yet most of us do not understand how people function, behave and interact between each other within these organizations. We also do not understand if people shape an organization or an organization shapes people. Different people work differently in different situations. Organizational behavior helps to understand and predict behavior of the people and helps to improve relations between management and employees.
It refers to the patterns of communication, interpretation and adjustment between individuals. Both the verbal and nonverbal responses that a listener then delivers are similarly constructed in expectation of how the original speaker will react. Workers contribution is more involved in this theory. (Markes, 1999)
Before I attend to this class, I think Organizational Behavior (OB) is a concept how behavior affects the management, leadership and relationship among people in an organization resulting from the meaning of OB word by word. Nevertheless, this assumption was changed after I attend the Organizational Behavior class, which has the subject code BUS 314 thanks to my lecturer- Mr. Nguyen Dinh Hoang, who put huge efforts to inspire me to learn this subject. At the beginning of this course, he drew an overview of Organizational Behavior, is a field of study that explores the impact of three determinants: individual, groups and structure of an organization. Furthermore, OB investigates the study of what people do in an organization as well as help them to recognize how their behaviors impact on the organization performance (Judge & Robbins, 2013). That the reasons why OB plays a significant role in business. More importantly, Mr. Hoang also instructs me how to apply the knowledge gained through this course for enhancing my personal development. The first valuable knowledge is that how to communicate with other people effectively. The second precious lesson is how to create a positive organizational culture. The final lesson is created positive emotions and moods are extremely crucial to improve the general performance. Thus, this essay will go deep into 03 specific knowledge and what they help me to enhance my personal development.
C) Provide the senior managers of Alphabet Games with a set of guidelines to follow that would enable them to carry out an effective SWOT analysis.
The analysis will be made on a basis of combination with the pre-understanding of crisis management theory and the empirical data, by answering the three research questions respectively as follows: