With Citigroup’s organizational culture it has guided employees toward the behaviors and attitudes that have put the company at risk. The company must revert to what is important that is the customers and focus on the core values of the organizations, and the vision of the organization. To change Citigroup’s organizational culture there needs to be a shared responsibility among the leaders of the company, managers, and employees. By having a shared responsibility will make Citigroup’s organizational culture more effective and productive. Having shared responsibility will allow each employee to achieve or accomplish his or her full potential, and acting with the greatest level integrity when dealing with one another, and customers.
In today’s market climate, companies have had to increase their consciousness as to what really matters. The market is demanding more and more that organizations account for the interests of not just shareholders but all stakeholders. Team members, shareholders, customers, vendors, the environment and society’s interests must be in the forefront of consideration of all companies wishing to stay relevant in today’s market and workforce environment. This in more than just the right thing to do, it is an operational imperative that offers significant ROI to a business’ bottom-line. Companies must view themselves as part of an ecosystem; one entity in an interdependent interconnected environment.
External factors of influence are the stakeholders. They are a fundamental part of the company’s social responsibility. Stakeholders provide their expertise in areas where the company lacks experience. They serve as the eyes and ears in communities where we may not have direct visibility into sensitive issues. “Time and Time again, we have seen how listening to a diversity of voices has brought us closer to our goals— for our company and for the workers who produce our product” (gap Inc).
Target appears to run on a functional organizational structure. Organizational structure is important because a good structure allows effective communication and inspires departments and groups within the company to work together. It also creates a hierarchy of responsibility and allows the company to grow in a well-organized style. There are several factors that influence organizational structure. In order to create and maintain an efficient organizational structure, you must first understand the factors that go into
To achieve these strategic targets, P & G plans to achieve by improving and touching the lives of more consumers, in more parts of the globe. The company will also influence its core strengths in leadership to generate competitive advantages that are vital to winning in the consumer products industry. The driving forces of: brand-building, innovation, customer knowledge, and go-to-market capabilities will permit P & G to accomplish their targets. The company is motivating productivity in all aspects of the business through an arrangement of digitization, integration, and simplification. The company is also strengthening the quality, extent, and depth of leadership on all levels of the organization to make a more real-time, demand-driven and future-focused business (Procter & Gamble, 2011).
Tanglewood is a company that is also known to have an employee participation philosophy, such as; a strong base for employee participation. The HR practices reflect the historical practices that has been shared between stores since its establishment. The practice of employee participation has gained the loyalty of employees, supervisors, and managers of the company. Here lately there has been a concern of other competitors gaining an edge on Tanglewood, along with some incongruences of the practices and philosophies of the company that have been causing a few problems in the different regional locations.
Cost Club needs to implement a Business Code of Ethics, which can be reviewed with all employees at various Cost Club locations. By implementing this Code of Ethics, Cost Club will be able to introduce the legal principles of employment as well as the moral issues that tend to arise in employment. These ethical behaviors are pivotal to the overall success of Cost Club. The stakeholders of Cost Club can take guidance from the company Business Code of Conduct. When an ethical situation occurs, the Business Code of Conduct will become an important tool of Cost Club employee in dealing with workplace dilemmas.
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.
Brainstorming and group problem solving will help a business succeed. Teamwork also brings into play diversity, working in teams is being able to communicate and work with others of different backgrounds. Another business trend that is big in the workplace is ethical concerns. Treating employees fairly, showing concern of the environment, treating the community with respect and telling the truth are all ethical concerns that play a big part in business trends and are probably one of the most important
We first have to have a vision for our business so we know what we are wanting to achieve long term. Then we have to have a mission what are we in business for? This will keep up working to be who we want to be and achieve what we have set out to achieve. Marketing takes a group of people to work on many different areas within the business and the market so having the right team means a lot. The team has to look at the situation that the business is in and research and see what is working good for the business and what is not.