Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Econometrics Expert

Many companies find they are forced to remodel their traditional hierarchical structures, which were originally built around functional specialization and centralized authority, to compete in today's marketplace. Companies often draw on the following five tools of organizational design to make their organizations leaner, flatter, and more responsive to change. The five tools are:

Empower managers and workers

Reengineer work processes

Implementing self-directed work teams

Rapid incorporation of Internet technology applications

Networking with outsiders to improve existing capabilities and create new ones

In addition, there are many managerial tasks that shape corporate culture and the leadership skills needed to engage the full organization to produce great results. Examine the dynamics of the elements that must be brought together to create a corporate culture, such as core values and business principles, operating practices and behaviors, ethical standards and attitudes, and work climate and people management practices.

Considering the five tools of organizational design, managerial tasks and leadership skills, examine the practices followed by your selected organization and include the following in a 8-10 page APA formatted paper in MS Word:

Describe which of the five tools of organizational design your selected organization uses to maintain and improve productivity while achieving cost savings. Use detailed examples in your response.

Explain how work groups are utilized in your organization to accomplish the stated goals of the company.

Describe the motivational practices used by the organization to promote better strategy execution. Include some illustrative examples in your response.

Explain how, if at all, the reward system in the organization ties incentives directly to achieving higher productivity and performance targets.

Explain the evaluation and feedback process used in your company to assess employee performance.

Identify the elements in the organization that affect how cultural change is implemented.

Describe the ethical model being used by the company.

Present your overall opinion of the organization's corporate strategy approach. Is the strategy execution effort delivering the expected results? Explain and illustrate your conclusions.

Describe what specific actions have been taken to delegate authority to middle and junior managers and to create a sense of empowerment among employees. Explain and illustrate your answers.

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M91982616
  • Price:- $60

Priced at Now at $60, Verified Solution

Have any Question?


Related Questions in Econometrics

Monte carlo exercisein order to illustrate the sampling

Monte Carlo Exercise In order to illustrate the sampling theory for the least squares estimator, we will perform a Monte Carlo experiment based on the following statistical model and the attached design matrix y = Xβ + e ...

Question - consider the following regression model for i 1

Question - Consider the following regression model for i = 1, ..., N: Yi = β1*X1i + β2*X2i + ui Note that there is no intercept in this model (so it is assumed that β0 = 0). a) Write down the least squares function minim ...

Basic econometrics research report group assignment -this

Basic Econometrics Research Report Group Assignment - This assignment uses data from the BUPA health insurance call centre. Each observation includes data from one call to the call centre. The variables describe several ...

Economics and quantitative analysis linear regression

Economics and Quantitative Analysis Linear Regression Report Assignment - Background - In your role as an economic analyst, you have been asked the following question: how much does education influence wages? The Excel d ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As