To be effective, managers need certain skills.’ Explain this statement with reference to an organisation of your choice.
Structure of your assignment as indicated below:
(i) Introduction (10 % of the number of words)
(ii) Literature Review (40% of the number of words)
(iii) The application (45% of words)
(iv) Conclusion/Discuss the way forward (5 % of the number of words)
MGMT 3400 Case 3: Enron Case Update MaterialThe following collection of articles are in regards to events concerning the Enron Scandalbeyond those covered within the case itself. Links to Articles:Update article #1: Jeffrey SkillingUpdate article #2: Andrew FastowUpdate article #3: Lessons learnedUpdate article #4: Looking back at EnronUpdate article #5: The Effects of ScandalUpdate article #6: Understanding mark-to-marketThe main case is included. Please focus your reading on the case for the most information about Monsanto. In addition, read the included articles regarding the current situations for Jeffrey Skilling and Andrew Fastow, as well as the outcomes of the Enron scandal and the impact of scandals in general. Provide answers to the following questions:
CASE QUESTIONS
1.What were the effects of the “rank and yank” performance appraisal system on the organizational culture of Enron?
2.What happened to Sharron Watkins, the whistleblower? What does that communicate about the company?
3.What did “mark-to-market” (described in the video) allow the company to do? What role did “mark-to-market” do in terms of furthering the unethical behavior within Enron?
4.What role did the company’s chief financial officer, Andrew Fastow, play in creating the problems that led to Enron’s financial problems?
5.Did Enron’s bankers (Merrill Lynch), auditors (Arthur Anderson LLP), and attorneys (Vincin & Elkins) contribute to Enron’s demise? If so, how?
6.How did Enron’s top leadership set the tone for the unethical behavior that became institutionalized within the company?
7.How did the corporate culture of Enron contribute to its bankruptcy?
8.What effect did the Enron case have on Americans’ impressions of “big business”?
9.What are the lessons we can learn about Enron in terms of HR practices, leadership, and culture?
10.What can we learn about the impacts of scandals in general? Why is it so important to avoid scandals?
Complete an analysis of the key internal factors that have implications for successful implementation of the CASE organization’s strategy and goals/objectives https://www.case.org/.
The paper should address these topics:
1. The company’s Vision, Mission and Objectives (VMO), identify the company’s core competencies and assess which ones are rare, costly, or not easily imitated. Discuss how they are related to and critical to the VMO execution.
2. Present a summary of the CASE organization’s strengths and weaknesses. Submit the SWOT format in Table form and add in some narrative to discuss the strengths and weaknesses in more detail. Explain in your discussion (not in the table) why you selected them and how they relate to the VMO and organization strategy. (Note: You will have an opportunity to complete a full SWOT analysis, including threats and opportunities, as part of your week 6 paper.). You might find this resource helpful:
3. Apply the Resource-Based View (RBV) to help you identify both the tangible and intangible assets the CASE organization may be able to use to accomplish its intended strategies. List them in a table form and then follow with a discussion of the assets, why you selected them and how they relate to the VMO and strategy.
4. Consider and discuss the things that may make the CASE organization’s resources and capabilities difficult for others to imitate. Use Value Chain Analysis to help you deepen your understanding of the relative value of the resources and capabilities you have identified. Seek objective and independently verifiable evidence of potential rarity of the resources and capabilities.
IMPORTANT: Do not just use someone else’s SWOT or other analysis. Critically analyze the CASE organization and write about your original conclusions. Imagine you have been asked by the organization’s CEO or top leader to offer an assessment of the organization and how well it is positioned (or not) to deliver on the VMO and strategy. This is a critical element, stand back and offer thoughtful criticism and recommendations.
Add in a strong conclusion that ensures the reader leaves your paper with a clear recap of your key points.
Describe how a SWOT analysis can be applied to your professional and personal situation. What benefits would you realize from this analysis?
Discussion Question: Contrast Theory X and Theory Y, explaining why both theories are important. Next, imagine that you manage a staff of six paralegals at a law firm. One of your employees, Claire, is usually a good worker, but lately her performance has been slipping. List two things you might say to Claire if you are a Theory X manager and two things you might say to Claire if you are a Theory Y manager.
Expectation: Initial posting demonstrates analysis of ideas and perspectives from discussion and readings, builds on ideas of others. Postings responds effectively to most but not all of the questions posed, requires additional development. Ideas supported with resources which are properly cited.
Take at least one online Leadership assessment. What type of leader are you? What leadership skills do you possesses? What areas can be improve upon?
Why good leaders make you feel safe,” by Simon Sinek from TED (2014).
What 100 years of research shows about effective leadership,” by Riggio from Psychology Today (2009).
https://www.psychologytoday.com/blog/cutting-edge-leadership/200911/what-100-years-research-shows-about-effective-leadership
the Online Leadership Assessments at Your Leadership Legacy
http://www.yourleadershiplegacy.com/assessment.html
“Thomas J. Sweeney: A visionary leader and advocate for the counseling profession,” by Kress, & Barrio Minton, from the Journal of Counseling & Development (2015).
Transforming leadership: Five pillars critical to becoming a transforming leader,” by Keis, from Leadership Excellence (2014).
An exploration of counselors’ professional leadership development,” by Meany-Walen, Carnes-Holt, Minton, Purswell, K., & Pronchenko-Jain, from Journal of Counseling and Development (2013).
Leadership styles, emotion regulation, and burnout,” by Arnold, Connelly, Walsh, & Martin Ginis, from Journal of Occupational Health Psychology (2015).
A video interview experience” by Haddouk, Govindama, & Marty, from Cyberpsychology, Behavior, and Social Networking (2013).
The Question is ******Please read the assigned material for this week, and I would like you to comment on the following:
1- The textbook describes few forces for change. In your opinion which of the described forces would impose the greatest force and why?
2- What are the main forces for change that the Lego Group was exposed to? Which one was the most challenging?
By the way, have you noticed how the Lego Group used innovative strategies to deal with these forces? …. Innovation is not only about ‘technology’! an idea, a plan, a process, etc can be very innovative as well. Also note that ‘Change’ can lead to changes in plans and strategies ….. and the opposite is also true!! The introductions of new plan and strategies often, if not always, lead to ‘change’.********
For the final paper, you will examine key concepts of leadership in your place of work, or in a social organization to which you may belong that has leadership concepts (Rotary club, athletic team, scout leader, etc). Include the following in your paper:
The Final Paper:
Use this text as one of resources
Must document all sources in APA style
Must include a separate reference page, formatted according to APA style
Assignment:
In this paper you will apply concepts you have learned to a real-world leadership or organizational challenge you are observing in your professional life or to a future leadership or organizational challenge you can anticipate. Define the challenge, the obstacles to addressing it, the approach you would take to address it, and the expected timeline for this effort.
Notes and Preferences:
Of the two options, focus primarily on “…to a future leadership or organizational challenge you can anticipate.”
The “future leadership or organizational challenge” should be in international relations/management. Preferably, this should be an example in either the technology or financial industry however, if your experience is elsewhere it is fine to stick with that if you feel it would make the paper considerably better to write on your preferred field. The industry is not every important at all, however, the focus on risk management and leadership definitely is.
The anticipated challenge should be in a company either headquartered in or with operations in Southeast Asia (preferably Japan, Taiwan, Hong Kong, or mainland China, although the exact location does not matter). The company can be real or theoretical and doesn’t necessarily have to be named, the situation itself is the focus.
At least one citation must be from a scholarly article to quantify a point being made.
There should be at least two citations from “Great by Choice” by Jim Collins. One of them should be from chapter 4, “Fire Bullets, Then Cannonballs.”
There should be at least one citation from “Multipliers“ by Liz Wiseman.
At least one citation must come from “Blind Spots” by Max H. Bazerman.
All other citation is at your personal discretion and can be from these sources, from articles, or whatever you feel works best.
All specifically required texts are attached
Thank you.
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