Strategic Management Article Example | Topics and Well Written Essays - 250 words

Strategic Management - Article Example The article looks at various issues concerning strategic management at various organizations. For instance, the article addresses the concern of why some CEOs remain in office during a performance downturn while other managers don’t. This they argue through a social status perspective which is a key highlight in strategic management. The authors argue that a personal board channel embeddedness – as reflected in the sum of outside directorships – plays an essential role in dismissal management decisions. Furthermore, the authors predict that a high status of the managers relative to the COB protects unproductive CEO against dismissal during the comparative salience of board network outsiders always counters this impacts, in the long run. This is done so well by the author through data from German. Despite the fact the fact that the article may be partly criticized for the inability to offer sufficient data, the article is good in addressing contemporary issues in strategic management. The article helps address concerns that arise during depression and as such offers long lasting solutions. The article is also focused on improvement and further development of various theories and practice of strategic management. One can also argue that it is well detailed and designed to appeal to both practicing CEOs and academicians in the

Motivation Plan Research Paper Example | Topics and Well Written Essays - 2000 words

Motivation Plan - Research Paper Example These efforts will then set the stage for the Job enrichment program. It is hoped that these efforts will generate the targeted measures. However, beyond those figures, it is hoped that these motivation plan will bring back the confidence of the GM employees to the company and help bring General Motors back to its pre-crisis stature as one of the most admired companies in the U.S. and one of the foremost automobile manufacturer in the world. Organization: General Motors Corporation (GM) General Motors Corporation (GM) was among the biggest casualties during the â€Å"Great Recession† that rocked the entire global economy. It is the biggest automobile manufacturer in the United States and one of the highest employers of the nation. GM manufactures Buick, Cadillac, Chevrolet and many other brands of cars and trucks sold to over 30 countries worldwide. Last June 2009, GM filed for bankruptcy wiping out jobs and share value in drastically affecting employees and investors alike. A lso, retirees have been affected with some cuts in their health care benefits and pensions have been threatened (Isidore). Prior to the credit crunch of 2008, the historic surrender of one of the biggest and oldest companies was practically unthinkable. In fact, people have generally held the â€Å"General† in high regard. ... Need for a Motivational Plan, Benefits & Selection Process There are three important goals for employees namely equity, achievement and camaraderie. As such, employees need to feel that there is equal treatment which must apply to all the basics aspects of their job such as the compensation, the benefits accorded to them and of course the way they are treated. Also, they must feel secure about the job and this must be a general feeling within the whole organization. Likewise, employees ought to be able to take pride in what they are doing, what they have done and of course who they are doing these things for. At the same time, employees are able to be more motivated if they have a mutually beneficial working condition with their colleagues (Sirota, Mischkind, Meltzer). These have been practically decimated when General Motors Corporation (GM) succumbed to the recession. In fact, there remains an underlying uncertainty as to what the future will hold for these employees. Thus, this mo tivational plan is prepared to help improve the morale of the employees by designing a program that will help line leaders be motivated as well as their employees through a spill over effect. The motivation plan will be integrated on the Balanced Scorecard (BSC) so that it can be measured easily. This is a very important aspect to ensure that the motivational plan is followed through since having the capability to measure work affects employee behavior. Likewise, the BSC will enable the policymakers to have a quick clear view of what is going on in the organization. This is possible since the BSC not only focuses on the traditional measure of finance but considers other key perspectives as well such as the customer perspective, internal business