The new chief executive officer (CEO) of your company is a strong believer in the four functions of management theory. In preparation for a management meeting, he has asked you to write a report that he can use to explain the theory to his management team. In the report, he would like to see some specific examples of firms that practiced these four functions. For a company with which you are familiar, use each of the four functions to do the following:
- Assess how the overall management team performed in terms of the four functions of management, which are as follows:
- Planning
- Organizing
- Leading
- Controlling
- Identify and explain the strong points of the managers.
- Identify and explain areas in which improvement is needed.
If you do not have any firsthand experiences, ask friends or colleagues for anecdotes or search the Web for specific, real-life examples.
Specifically regarding the controlling function of management, answer the following questions:
- How did most employees feel about the monitoring of activities that managers put in place to monitor employee performance and overall company performance?
- How well was the need for control and monitoring explained to everyone before the controls were put in place?
- Did the controls have a meaningful impact on the overall department or company performance? Cite some specific examples.
Is this your assignment or some part of it?
We can do it for you! Click to Order!
Related posts:
- You have been hired as a new chief executive officer (CEO) for a 320-bed acute care hospital with outpatient centers.
- Your supervisor, Sarah Harris, is a new probation officer who has been on the job for only a few months and is still learning the job herself. You are asked to prepare a memo to Sarah Harris listing the five types of helping professionals that she might come into contact with during her job as a probation officer in a pretrial diversion program. Also, you will need to select one psychological theory and one social work theory from the list that you feel would aid her most in dealing with the adults on her caseload. You will need to explain the theories and why she needs to know this as probation officer.
- executive memo regarding sustainability methods within your firm or one with which you are familiar. Assume that the CEO has asked you to evaluate the firm based on the following criteria and make recommendations for improvement to an executive committee regarding potential changes the organization may face in the near future.
- Choose a different company for this assignment than the ones you chose for the previous assignments in Weeks 1 and 2 (This could be the company you work for). Write a 700- to 1,050-word memo to the CEO. Include in this memo the following items supported by course concepts and real life examples: Choose two decision making tools, forecasting models or simulation models and describe how they would bring value to the organization. Discuss how constraints such as IT, limited capacity, technology and capital affect the company’s supply chain. Format your memo according to APA guidelines.
- Antitrust laws were essentially created to stop businesses that got too large from blocking competition and abusing their power. Mergers and monopolies can limit the choices offered to consumers because smaller businesses are not usually able to compete. Although free and open competition ensures lower prices and new and better products, it has the potential to significantly limit market diversity. Look at the 2 examples below of how mergers and acquisitions have affected the way in which companies do business. Read each of the 2 examples below. Prepare a APA formatted research paper that responds to the aligned questions. Specifically, your paper must: Identify the two firms with similar problems from different countries Conduct a comparative analysis of the firms Analyze political, social, ethical and legal differences and their impact on management decision making Provide substantive conclusion and recommendations Submitting your assignment in APA format means, at a minimum, you will need the following: TITLE PAGE. Remember the Running head: AND TITLE IN ALL CAPITALS ABSTRACT. A summary of your paper…not an introduction. Begin writing in third person voice. BODY. The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA level headings and references. The deliverable length of the body of your paper for this assignment is 4-5 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged. REFERENCE PAGE. References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper and lower case usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation. Example 1 Federal antitrust enforcers are investigating whether a multinational pharmaceutical company has attempted to minimize the impact of generic competition to one of its most profitable prescription drugs. This anti-depressant drug is the company’s best seller, with sales last year of $2.11 billion, representing a 22% increase from the year before. The Federal Trade Commission (FTC) is conducting an investigation to determine whether the company has engaged in activities to prevent generic alternatives to the prescription drug from entering the market. Specifically, the FTC is challenging a practice among brand-name and generic-drug manufacturers to agree to delay the introduction of the lower priced generic drugs to the market. Answer the following questions: Why would the drug maker want to stymie generic competition? Explain. What types of legal barriers to market entry exist? What are the possible ethical dilemmas present in this example? Example 2 The boards of 2 major telecommunications companies recently agreed to a $16 billion-dollar merger that would create the world’s largest telecommunications company in the world. Although some agree that the synergy between these companies could be dynamic, others feel consumers could ultimately pay the price for the merger depending on which company becomes dominant in the various service areas. Answer the following questions: Why do you think consumer advocates have expressed concern over such merger possibilities? Other than pricing, what are some pitfalls that consumers might have to deal with when 2 major companies merge? What are the possible ethical dilemmas present in this example?
- Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and the communication plan. Identify key trends, assumptions, and risks in the context of your final business model. Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOT analysis and supply chain analysis. Consider the following four quadrants of the balanced scorecard when developing your strategic objectives: Shareholder Value or Financial Perspective, which includes strategic objectives in areas such as: Market share Revenues and costs Profitability Competitive position Customer Value Perspective, which includes strategic objectives in areas such as: Customer retention or turnover Customer satisfaction Customer value Process or Internal Operations Perspective, which includes strategic objectives in areas such as: Measure of process performance Productivity or productivity improvement Operations metrics Impact of change on the organization Learning and Growth (Employee) Perspective, which includes strategic objectives in areas such as: Employee satisfaction Employee turnover or retention Level of organizational capability Nature of organizational culture or climate Technological innovation Evaluate potential alternatives to the issues and/or opportunities identified in the SWOT Analysis paper and table you completed in Week 3. Create at least three strategic objectives for each of the four balanced scorecard areas. Base your solutions on a ranking of alternative solutions that includes the following: Identify potential risks and mitigation plans Analyze a stakeholder and include mitigation and contingency strategies. Incorporate ethical implications Develop a metric and target for each strategic objective using a balanced scorecard format. Example: a strategic objective in the shareholder or financial perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share." The target is the specific number to be achieved in a particular time period. The target for the metric of "Increase market share" could be "Increase market share by 2% for each of the next 3 years" of an increase of 2% per year for 3 years.) Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following: Define the purpose. Define the audience. Identify the channel(s) of communication and why you selected that channel. Format paper consistent with APA guidelines. Attachments Screen Shot 2016-04-05 at 9.17.03 PM.png Screen Shot 2016-04-05 at 9.17.08 PM.png
- Transformational Leadership Practices of Chief Nursing Officers in Magnet Organizations
- CEO of a new company
- Consider a research interest within field of study. Please consider your interest area carefully since this assignment is the beginning of your draft precis development. Interests are negative impact of distant learning on engagement, social development and learning theories, stress management techniques for graduate level students, self efficacy theories-http://www.ncbi.nlm.nih.gov/pmc/articles/PMC4029015/. Select four recently published research articles related to your research interest; two quantitative and two qualitative research studies. You may substitute a mixed methods study for one of the qualitative or quantitative studies. Ensure that each of the studies you selected was published in a peer reviewed journal. 4 Literature sources should be retrieved from an academic or scholarly data base like proquest or ebsco host. Develop a synthesized 1,400-to 1,750-literature review in which you compare and contrast the four studies. Consider the following while constructing a logical and critical literature review: •What is already known about the research topic you are interested in? •What is not known about your topic; where is there a gap in the literature? •What further research might be worth pursuing in this area? Format your Literature Review in a manner that is consistent with APA guidelines.
- As the presidential election looms, we are hearing more about the potential for a recession in the coming 12-months. What signs should we be looking for to determine if it is indeed on its way? What are the implications on “your company” and how would you as a Corporate Financial Officer prepare for it?
