Introduction of a Successful Company
Once you have selected a successful company, you will then analyze its application of the fundamental principles of management. Specifically, the following critical elements must be addressed:I.
Introduction.
Provideabriefoverviewofthesuccessfulcompanythatyouhavechosentobenchmarkformanagementbestpractices.
Consider including specific examples relating to the fundamental principles of management and the company’s mission and visionstatement.
II.Profile of a Successful Companya.
Explain how the company has communicated its mission and vision within the organization. In other words, explain how the company demonstrates the importance of the mission and vision to employees and otherstakeholders.
b.Identify the role management played in helping this company execute its strategic management plan. Justify your response.You could consider including a specific example of a time when this management plan led the company tosuccess.
c.Describe how management has helped to positively influence the organizational culture within this company. You could consider using some specific examples, actions, or strategies that show how management has positively influenced organizational culture.
d.Explain management’s pivotal role in the decision-making process within this company. Be sure to include specific decisions made by management based on principles of ethics. You could discuss specific decision-making models used by the company that may have helped the company besuccessful.
e.Evaluate how the use of the functions of management within this company has adhered to the principles of ethics. You could consider how using the functions of management while adhering to the principles of ethics may have impacted the employees of thecompany.
f.Explain how this company strategically uses human resources to develop its personnel. You could considerhow this use of human resources has enhanced the company’s business processes.
III.Conclusiona.Summarize how the company utilizes the fundamental principles of management to ensure optimal performance. You could consider the actions taken by this company if optimal performance is notmet.
b.Analyze the decision-making strategies of the company for how they consider all the parts of the company as an interrelated system.
You could consider how the decision-making strategies of the company align with a systems thinkingapproac