The strategic plan will help provide better, more targeted service to its clients and will be more specific on how the company will go about achieving company goals. The strategic plan will help Riordan’s executives understand the company’s direction by reviewing past progress and making changes to improve and grow. The strategic plan is an organizational tool that will help keep Riordan on track to meet growth and financial objectives. Need for a Strategic Plan Successful businesses are effective at identifying opportunities for growth and ensuring every manager has the same goals. For Riordan to further strengthen their strategic plan, they can develop a financial model based on their income and cost assumptions they would anticipate under the plan (Mikrut, 2010).
The phases of any change will consist of introducing the change initiative through the organization. The next phase will be resistance from different employees. The final phase will be organizational commitment and success. I can use the power throughout the organization to have a better flow during this change initiative. I will use the CEO Kathy Kudler to introduce the change initiative across the organization.
Running head: Technology Implementation 1 Technology Implementation MonaLisa Void TEC 401 February 5, 2012 Doug Brtek Running head: Technology Implementation 2 At some point change is inevitable in today’s organizations. In order to survive and stay competitive with the competing organizations, it is imperative to stay abreast of any new technology available. As a manager, it is imperative to follow the necessary steps when implementing new technology into an organization. It
This culture creates acceptable and predictable behaviors to better guide associates through their daily job functions. The corporate cultures serve an organization by enabling the organization to be flexible and adapt to the ever-changing competitive landscape (Leban & Romuald, 2008). Home Depot’s leader Robert Nardelli, determined that Home Depot was in need of a culture change. He wanted to change the organizational culture from a laid back, interconnecting organization, to a tough-minded approach to develop power, growth and volume. The Nadler congruence model would be the best option for this type of cultural change.
Also will need to establish the productivity measures and compare those with the company or organization figures. Lastly, the manager will need to have a team meeting; take contribution on achieving the goals set by the manager, and institute a common goal for the teams. The transformational leadership style will work for the restructuring strategy with the new management practices, because the teams are mature and under the strong leadership of new management. In order to allow the new transformational leadership to be effective, one will have to recognize critical competencies, educate their employees, and motivate, empower, and encourage the teams to facilitate them to focus on accomplishing their goals effectively. It is important to engage the employees in the critical thinking process, decision making process and setting a common subsidiary goal that will be able to help the specialists to merge well with the existing teams.
R. Wayne Pace found three key elements helped company’s structure successful policies: creating the system, maintaining the system, and improving the system (Pace, 2012). In my opinion, I believe it is valuable to use this element with creating policies and procedures. Following these elements will provide the company with a guideline that all employees should follow. It will create policies that management can use uphold decision, and provide insight on what works, what does not, and where improvements needs to be made. WHAT ARE POLICIES AND
The Controlling function: the manager taking charge to make sure all the operations of the organization, are running smoothly and monitors employee’s performance (Robbins & Judge, 2011). We discussed specific and successful managerial activities needed: 1.traditional management 2.communication, and 3.human resource management and networking. The pie charts that were shown in class illustrated percentages that an average manager, successful manager and an effective manager should possess. The overall effective manager would have 44% communication, 26% human resource management, 19% traditional management and 11% networking (Robbins & Judge, 2011). The key to effective managing is communication because individuals have different working styles and
Week1 Topic 1 | To survive in a highly competitive environment, a business organization must adapt and change (evolve). Successful organizations seek continuous improvement in how they create and deliver products and services. This can include changing existing processes or inventing new processes. Such process changes are made utilizing a myriad of different methodologies including (but not limited to) CIMM, TQM, Six Sigma, Balanced Scorecard and
Although many organizations claim that they are adaptive organizations, in fact it involves searching and exploring new opportunities and implementing something for the first time. Consequently, adaptive reaction to change should be learned through a complete process. Organizational leaders can guide to general employees in this subject. According to Whiteny and Younker (2005), “Customer will adjust their expectation of a business based on their experience with all business they deal with” (p. 17). Thus, to meet moving customer expectation, business should find how to adapt with
The scope is the degree of change required in terms of realignment or transformation (Balogun, 2001). In this case, the short-term change is big bang combined with realignment; it is reconstruction. The basic business model may remain intact while undergoing this expansion. It is initial realignment to generate readiness of the company and all of its employees. A good way to do this would be to perform interviews with the employees and also conduct attitude surveys.