Tyco International: Management Planning Analysis Essay

Over time, the culture can change or adapt. This may be due to new leadership, mergers, or acquisitions. It may even be due to a change in the market climate itself. As new employees are brought on, they must be taught the company culture to keep it strong and in line with the overall company umbrella. Most large companies have established culture programs for their leadership, so that they may take those tools, thought processes, and examples back to their teams to keep the culture strong.

Organizations are responsible for the legal, ethical, and social issues that affect each stakeholder within the company. These factors continually impact the planning process performed at each level of management. An organization that neglects to establish and monitor plans can become disorganized and ultimately lose control of practices performed throughout the corporation. A prime example of poor planning due to disregard of legal, ethical, and social issues were the executives employed at WorldCom.

The strategic goal of the principal of ABC Middle School will increase the degree of program alignment within the math curriculum over the next three years so that: 1) there is clear articulation and sequencing of content within and across grade levels, 2) this content is anchored in state core standards; and 3) the evaluation measures used to assess this alignment are valid to this alignment. ABC Middle School’s primary objective is to provide an exceptional education for its entire sixth thru eight-grade population. This includes preparing the students with 21st century math skills. This will include controversial programs

Students are expected to make connections between the facts of the case study and concepts, theories, and ideas presented in the course readings.

Strategic Planning is one of the most fundamental factors in the success of an organization. This research project will discuss the importance of strategic planning as well as the different components of strategic planning. Many organizations fail to accomplish their goals and tasks due to the lacking of strategic planning. In order for their businesses to be successful, organizations need to be well informed about how the strategic planning process works.

Mueller-O’Keefe Memorial Home and Retirement Village, is a continuing care retirement community, which is not for profit and strongly faith based. This home is affiliated with the Evangelic Free Church, and all the board members besides one belong to this church. Alongside the board members almost half the residents that live there belong to the church as well. The home is now facing several challenges when it comes to developing long-range plans and need to do something about it. Part of the problem lies that they are used to making decisions in a “seat of pants” kind of way and it’s hard for the board to adjust. There are three major focus areas that the board needs to come up with a plan for, creating a mission statement, make a business plan to expand services and facility upgrades, and develop a financial management plan. In response to knowing they needed to do something they hired a consulting firm and Steve Cantwell was sent to work with the company. Cantwell felt comfortable working with the board, however, due to the board’s lack of knowledge, experience and judgement calls for health care planning, development and finance it was hard for the board and Cantwell to see the same visions.

Is it risky for a business or organization not to incorporate a strategic plan? The answer to that question is contained in detail in this essay. Furthermore, in any business, failing to anticipate or prepare for important business needs will eventually lead that business down a dark and narrow road of destruction. On the surface, strategic planning seems like an easy concept to comprehend. Conversely, strategic planning is a more than throwing a few improvement plans together in a business meeting. In fact, a successful business will spend a great deal of time and money working on enhancing employee morale, reliving competitive advantages, and adding gross profit to the business by instilling formal business plans. This essay will define

Although the Tyco scandal has been attributed solely to Kozlowski’s character flaws, the industrial conglomerate was also alleged by the Securities and Exchange Commission due to the failed corporate governance and a weak board, and agreed to pay “a $50 million civil penalty to settle allegations the high-tech conglomerate’s prior management violated

* Willingness on the part of organizational members to accept change and take on the challenge of introducing and executing new strategies.

Dennis Kozlowski was the mastermind behind all of the unethical decisions and, actions that led to the near bankruptcy of the company. The scandal of Tyco was an ever-growing process that started when Kozlowski was on the verge of becoming the new CEO of Tyco. Kozlowski greatly looked up to his mentor, friend, who also happened to be the previous CEO of Tyco Joseph Gaziano. Kozlowski adopted some Gaziano’s harsh and very pricey lifestyle that ultimately led to his demise. His lifestyle became so extravagant that nothing was every enough, he had a taste of the “living large” lifestyle and he could not go back. Kozlowski and CFO Mark Swartz were charged with roughly thirty counts of corruption, conspiracy, fraud, grand larceny, and falsifying business records. However these two, Kozlowski and Swartz, were not the only two employees involved, Mark Belnick former general counsel was also

The actions or behavior of the leaders in Tyco International Company is said to be unethical in terms of utilitarianism. Utilitarianism means providing the greatest benefits or happiness for the greatest number. Tyco International had embezzled funds worth more than 600 million U.S dollars. This act is a conflict of interest as Kozlowski and his partner satisfy their selfish interests instead of considering the needs of the organization.. In order to fulfill self interest and luxurious life, the leaders embezzled the company funds that should be used to manage the company in the best interest of shareholders and stakeholders. Here, Kozlowski only care about the self-interest instead of considering

Despite the fact that one can only wonder as to the capability of the ordinary level employees to decline to adjust the financial statements of Tyco International Ltd., is it likely that only Kozlowski and Swartz were enmeshed in the unprincipled acts? Are there other employees mixed up in the misconduct of Tyco International Ltd.? Will the level of violations to which the SEC accused Tyco International Ltd. entail the participation of various employees? If Tyco International Ltd. had put an effective OCB program in place to prevent unethical behavior, would such an occurrence have deterred or discouraged the irrevocable decisions of Kozlowski and Swartz? Or maybe the scandal that ensued was merely the illustration of one’s greediness overwhelming one’s moral beliefs?

The story of a leadership in crisis reflects on the governance and unethical misconduct of its Chief Executive Officer (CEO) Dennis Kozlowski. Dennis Kozlowski entered the corporation in 1975 and at the time was under the leadership of Joseph Gaziano. Dennis was mentored by Gaziano and was quite impressed by the lavish, opulent and affluent lifestyle. In 1982 Gaziano passed away and John F. Fort III became CEO. His leadership style was that of one that was quite frugal in his spending. This was a change within the culture of Tyco as it moved in a new direction and Kozlowski had to adapt to the changes.

Every organisation must plan every action it intends to take, in the short-term as well as in the long-term. The company, on the basis of the objectives set by the top management of the organisation should plan for growth, expansion, restructuring of business or otherwise. Every company needs to plan out its strategies according to its future plans in order to avoid surprises and to overcome any challenges they may have to face. Therefore, without planning, the organisation cannot achieve any of its goals.

The third moral issue in Tyco case that identify with irreconcilable circumstance is bookkeeping misrepresentation. Bookkeeping misrepresentation can be depicted as any demonstration or endeavor to control the monetary explanation for monetary benefit. It can be one of the legitimate issues for this situation on the grounds that it comprises of extortion which is unlawful in composed law. The irreconcilable situation emerges for this situation on the grounds that the reviewers, bookkeepers, and administrators of Tyco International dissolve trust and their own advantage has enormously fluctuated with the enthusiasm of shareholders and the partners in Tyco. They tend to give up the nature of money related reporting data for their own advantage.