Fortune magazine publishes a "Most Admired" list of the top companies in the United States
Each year Fortune magazine publishes a "Most Admired" list of the top companies in the United States. Firms are rated on these eight dimensions: innovativeness, quality of management, long-term investment value, social responsibility to the community and the environment, people management, quality of products and services, financial soundness, wise use of corporate assets. International companies are rated on a ninth dimension: effectiveness in doing business globally.
select an organization with which you are familiar (you may choose an organization you frequently do business with or one where you currently or have previously worked). Then, choose one of the eight dimensions used to rate top U.S. companies in which the organization appears to be underperforming.
Compose a PowerPoint presentation of 12-15 slides.
Your presentation should address the following:
Identify a major issue the organization is facing and in which of the eight dimensions it is underperforming
Explain the ramifications the underperformance is currently having on the organization. Identify the likely consequence of failure to improve in the selected dimension.
Analyze the relevance of the current organizational structure, design, and culture and their influence on organizational effectiveness, especially in relationship to the dimension in which the organization is struggling. Provide citations to support your analysis.
Determine whether the organization embodies the principles and values of conscious culture and management and its relevance to improving organizational function.
Present a plan to bring about necessary improvement using Kotter's eight-step change model.
Address possible challenges to the suggested change and your plans for managing those challenges. Explain how different subsystems need to be realigned in order to bring about the change.
Sample Solution
Slide 1: Title slide
Slide 2: Introduction
This presentation will discuss a major issue that [organization name] is facing and in which of the eight dimensions it is underperforming. It will also explain the ramifications that the underperformance is currently having on the organization and identify the likely consequences of failure to improve in the selected dimension.
Slide 3: Organization overview
[Organization name] is a [industry] company that provides [products/services]. It has [number] employees and operates in [number] countries.
Full Answer Section
Slide 4: Dimension in which the organization is underperforming The dimension in which [organization name] is underperforming is social responsibility to the community and the environment. Slide 5: Major issue The major issue that [organization name] is facing is its lack of sustainable practices. The company has been criticized for its high carbon footprint, its water usage, and its waste production. Slide 6: Ramifications of underperformance The ramifications of [organization name]'s underperformance in social responsibility include:- Damage to the company's reputation
- Increased customer scrutiny and pressure
- Regulatory risks
- Difficulty attracting and retaining top talent
- Loss of customers
- Increased costs
- Regulatory fines and penalties
- Damage to its brand
- Reducing its carbon footprint
- Conserving water
- Reducing waste production
- Investing in renewable energy
- Sourcing sustainable materials
- Supporting local communities