The culture of Best Buy reflects a traditional business to being a more contemporary, flexible work schedule. Before the ROWE program, many workers were tired of being overworked, not being able to spend quality time with their families. It seemed like the employees worked on their day off, come in early, leave late to make deadlines and it was just overall stressful. As stated the company’s culture used to embraced long hours and sacrifice (Hellriegel/Slocum, 2011 p. 553). With all of this
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ROWE Program at Best Buy Tracey D. Battle Strayer University Leadership & Organizational Behavior BUS 520 Professor Bruce Macdonald December 12, 2011 Abstract Best Buy introduced the ROWE Program to reduce stress and overwork in their employees at their headquarters. The agenda basically allows you to work from anywhere, any hours you choose, as long as the job gets done. The staff at Best Buy’s headquarters generally worked long hours until the ROWE curriculum was introduced. Member
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1. Describe the culture at Best Buy Traditionally corporate culture in Best Buy embraced long hours and personal sacrifice. (Hellriegel, D., & Slocum, J. W., Jr., 2011). Employees were often recognized not based on their actual performance, but on how much time they spend at their work. This lead to overstressing among employees, fear of judgement if they did have to leave the work to take care of some personal problems. Employees would often choose to be employed part-time because they knew that
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One of the fortune 500 companies in our society is Best Buy. Best Buy is one of the largest consumer electronics retailer company in the United States and Canada. There are many products Best Buy distributes, such as; computers, computer equipment, video and audio products, refrigerators, coffeemakers, compact discs, video games, DVD and VHS movies and players, CD’s, computer software, cameras, cell phones, and satellite systems and so on. In addition, their customer service is very helpful and has
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Critical Analysis: Best Buy When Best Buy first opened it was an event that an electronics store could hold such a variety of products, have knowledgeable employees, and offer competitive prices at the same time. Although in 2012 it was reported that revenues for Best Buy increased, the company still fell victim to the problems of having a decrease in net income and operating cash flow. “The company reported revenues of (U.S. Dollars) USD 50,705.00 million during the fiscal year ended March 2012
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Best Buy Strategic Initiative Fin/370 November 19, 2013 Nicole Church Best Buy Strategic Initiative For every company to grow and survive in the long run, they must have a strategic plan of where the company is and where they want it to go. It is of the utmost importance for top management and the board of directors to ascertain a strategic game plan for the organization. This will serve as an outline specifically identifying the precise steps they are going to take to meet their agenda
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EXTERNAL ANALYSIS FOR BEST BUY CO. INC. Introduction Best Buy Co., Inc. is a public limited company whose stocks are listed in the New York stock exchange. It is a specialty retailer of consumer electronics in United States which accounts for about twenty percent of domestic market retail business in technology based items. It has store in 24 different locations in United States (USSEC, 2011). Apart from its operations in USA, it also carries out its operations in Mexico, Turkey and United
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ROWE Program at Best Buy Abstract This paper answers the following questions about the ROWE Program at Best Buy story. 1. Describe the culture of Best Buy. 2. Discuss the approach to organizational change that the ROWE program illustrates. 3. Discuss the resistance, both organization and individual, that the ROWE program had to overcome. 4. Discuss the sources of stress that are apparent in the case. 5. Discuss whether or not the organizational culture has helped with the
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ROWE Program at Best Buy September 11, 2011 Culture at Best Buy “The nation’s leading electronics retailer has embarked on a radical-if-risky-experiment to transform a culture once known for killer hours and herd-riding bosses (Conlin, M., 2006)”. This experiment was named the ROWE program (Results-Only Work Environment). The program was started at Best Buy’s Minneapolis headquarters in 2003. ROWE is based on 13 principles with the main ones being: • No traditional work
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assignment # 10- best buy case study Read the Best Buy case study on pages 491-492 and answer the following questions: 1. Why do you think so many of Best Buy executives opted for Choice 1or 2? What would you do to encourage more employees to adopt Choices 3 or 4? I believe majority of eligible employees opted for Choice 1 or 2, because the economic added value for Choice 3 or 4 was not explained very well. Usually people have difficulty to get comfortable with a metric if
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