managerial action. ‘Force Field Analysis provides an initial view of change problems that need to be tackled by identifying forces for and against change’ (Johnson G, 2011, p. 469) Kurt Lewin created this analysis in the 1940’s as a tool for his social psychologist work however it is now used within businesses as a method for making and communicating decisions. (Force Field Analysis , 2013) You use the tool by listing all of the factors (forces) for and against your decision or change. You then
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Anne, Taylor, Bill, 1995). Some characteristics of work groups that influence or affect the way members behave in the area of group performance can include the group size, group composition, group function, group status, group efficacy and social facilitation. Groups control their members with roles and rules. Role is the division of work among the group members. Rules are made to control group behavior. Work groups establish goals to achieve, using all members’ skills, abilities and experiences
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Exercise 5 5.1 The given Learning from Experience Case talks about how Carl Buchan took his hardware store in North Carolina and transformed it into Lowe's, a multi-billion dollar company now. Lowe's has more than 228,000 employees distributed in 20 departments which stock more than 40,000 products with annual income of more than $48 billion. Lowe's organization design has been created to handle an increasing number of customers and their desires for product diversity. To provide quality service
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the weird ones are the adventurous, creative, and open-minded people. The characteristics of those people within the organization made one of the cores of the company’s culture. This is the energy that drives the company. Within the organizational structure, Zappos is also looking for team players, and they encourage employees to make friends at work (the instrumental value) because having friends at work makes employees happy and happy employees will help keep happy customers (the terminal value),
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In-class Presentations and Term Papers 1. Grading The information in the handouts is not very clear and does not include the case, so here some more precision about the grading rules: Everybody should do a writeup for the Wrigley Capital Structure Case. If you only do the case the final exam will count for 70% and the case writeup for 30% of the final grade. In case you want to improve your grade you should think about handing in a term paper or making an in-class presentation. If you do this
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Organizational Structures There are three different organizational structures in regards to project management, and each has their specific pros and cons associated with their method. A functional organizational structure is one that is best when the focus is a single product. Functional structures aren’t designed to change quickly, and they are the most common type of design. These contain various specialized units that then report to top management, or the top tier of the structure. The grouping
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Journal of Business Case Studies – January 2008 Volume 4, Number 1 The Impact Of Organizational Change, Structure And Leadership On Employee Turnover: A Case Study Steven H. Appelbaum, Concordia University, Canada André Mitraud, MBA, Canada Jean-François Gailleur, MBA, Canada Marcello Iacovella, MBA, Canada Raffaele Gerbasi, MBA, Canada Victoria Ivanova, MBA, Canada ABSTRACT Purpose - To provide the management team at BTSA Ltd with a practical guideline in managing organizational change
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organizational structure their organization. Next, it discusses three components of organizational design: job design, grouping jobs into functions and divisions, and the coordination of functions and divisions. The chapter closes with a discussion of integrating mechanisms and the growing popularity of global strategic alliances and business-to-business network structures. LEARNING OBJECTIVES 1. Identify the factors that influence managers’ choice of an organizational structure. (LO1) 2
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Modigliani and Miller (1958) advanced the proposition that based upon several simplifying assumptions, capital structure has no effect on the value of a firm. However, recognizing the impact of taxes, bankruptcy, agency costs, and asymmetric information, capital structure theory has evolved to acknowledge that the use of debt does affect the value of a firm. Modern theories of capital structure can be classified into two categories: “static tradeoff models” and the “pecking order hypothesis.” Static
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Journal Of Financial And Strategic Decisions Volume 10 Number 3 Fall 1997 STRATEGIC ASSETS, CAPITAL STRUCTURE, AND FIRM PERFORMANCE Rahul Kochhar* Abstract Possession of strategic assets is a necessary condition for sustained competitive advantage. This condition is, however, not sufficient. Firms require financial management capability to realize the rents present in their strategic assets. The firm-specific nature of strategic assets implies that they be financed primarily through equity;
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