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DISCUSSION FORUM: WRITE ABOUT ONE PAGE EACH

TEXT: ISBN 978-1-133-19045-5

1) Application 5.1 in your text talks about the Steinway & Sons Piano Company. While they are one of the most prestigious companies on the market in their genre and demonstrate many characteristics of an Open System, they 1. lack certain components that will help them expand into Asian markets, and 2. they seem to have competing "structures" going on within their corporate sphere. You text indicates that a clearer strategy is in order.

A. If you were an OD consultant coming in to assist the company with these endeavors, which would you attack first and why.

B. Before beginning any intervention, a proper SWOT analysis should be carried out. Please give a brief SWOT from your perspective.

2) The Profit: Sweet Pete's - Sneak PeekDuration: (15:43)

VIDEO: https://goo.gl/Ju6i39

Watch this video which demonstrates a real need for an OD intervention. This video comes from a television program called "The Profit." Marcus Lemonis is a billionaire investor who is a well-known and respected OD specialist. Mr. Lemonis goes into struggling companies, diagnoses problems, and fixes them. His most successful intervention and investment was in the enormous corporation, Camping World. The intervention he performed in that company brought him great wealth.

He turned the company in this video around as well, and they are enormously successful now.

Your assignment:

What issues do you immediately see that need fixing? Give a brief SWOT

Microeconomics, Economics

  • Category:- Microeconomics
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