Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Redman (2019) states that the world is changing quickly, change is hard, and many change efforts fail. A leader must have a good plan in

Redman (2019) states that the world is changing quickly, change is hard, and many change efforts fail. A leader must have a good plan in place to navigate through these changes to stay successful. Now you will apply that knowledge to a company scenario, building an implementation plan into the process so it is actionable. Select one business from the current winners of the Malcolm Baldrige Award Recipients (https://www.nist.gov/baldrige/award-recipients). Assume that you are the new CEO of this business who has goals of expanding your business. Depending on your choice, you can select one or more from the following list:

  • Expand nationally or internationally
  • Change your business offering(s) or target customers
  • Merger or acquisition
  • Another goal of your choice

AND respond to the following:

Section 1- Overview and Goal Description

  • Select the company that you will use for this paper. Provide an explanation and rationale for your choice. As there are many categories in the Baldrige site, you may want to explore an industry you know well or look to expand your knowledge by selecting an industry you are unfamiliar with for increased learning and knowledge building.
  • Describe the vision, mission, and values as individual components in the current state of the company. Explain the systems relationship of these elements, and how they are related to help the company achieve success.
  • Provide any additional background information (i.e., financials, primary products and services, etc.) to ensure the funding agency has an overview of the organization.
  • As the new CEO, identify the growth goal(s) you would like to achieve including a rationale for this choice(s).

Section 2- Vision Integration into Current State

  1. Describe the current vision of the company. You may reuse the content from Section 1.
  2. In your readings, you saw how a personal vision statement can be a foundation for creating a business venture and/or incorporation into the current vision of a company you will be leading. For this section, you will present a plan for how you would integrate your vision into what currently exists for the company you have selected for analysis. Support your thoughts with at least two sources from the readings, as well as two other sources you uncover in your research. For this section, you may use sources that are not considered scholarly as your additional sources.
  • Include in this section:
    • Your personal vision and process you used for your personal vision creation
    • A draft of your revised vision, incorporating your vision into the current company vision
    • The process you will use to involve all stakeholders in the new vision creation based on your draft. You may use both descriptive and graphic representation tools (i.e., flow chart) to present this process
  1. The measurement process you will use to determine the effectiveness of your new vision on organizational success.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Tourism Concepts And Practices

Authors: John R Walker, Josielyn T Walker

1st Edition

0138142459, 9780138142452

More Books

Students also viewed these General Management questions

Question

Values: What is important to me?

Answered: 1 week ago