At a recent offsite, we broke into small groups of 2-3 people each and imagined ourselves as the leadership team of another marketplace company with somewhat different dynamics. We want to do the same thing with you, because this is our best idea for giving you the most truthful and realistic simulation of what it's like to work together. We love this stuff, and relish the opportunity and responsibility that comes with being stewards of a large marketplace that thousands depend on. If you were running Uber, what are best 2-3 ideas that actually pencil? What’s the output operating metric or financial metric that’s most important to move? What’s the input metric that is the most powerful one to move, to move that output metric?
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At a recent offsite, we broke into small groups of 2-3 people each and imagined ourselves as the leadership team of another marketplace company with somewhat different dynamics. We want to do the same thing with you, because this is our best idea for giving you the most truthful and realistic simulation of what it's like to work together. We love this stuff, and relish the opportunity and responsibility that comes with being stewards of a large marketplace that thousands depend on.
- If you were running Uber, what are best 2-3 ideas that actually pencil?
- What’s the output operating metric or financial metric that’s most important to move?
- What’s the input metric that is the most powerful one to move, to move that output metric?
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- You are a Senior Manager at 123-Logistics overseeing the shipping department. 123-Logistics is a healthy, mid-sized company(similar to UPS/FedEx/DHL) with $350 million in yearly profit and 93% customer satisfaction rating. Currently, your team’s objective is to minimize the amount of late deliveries to ensure customer satisfaction. One day the Finance Director approaches you and tells you that instead of minimizing late deliveries, she wants to prioritize revenue to appease shareholders. The Vice President of Marketing overhears your conversation and suggests that the delivery drivers should instead spend more amount of time on the road to advertise the company logo. This in turn will result in wider brand recognition and more customers. Lastly, the Vice President of Operations joins the conversation to recommend another business objective but is cut off before she can provide a suggestion. From your conversation, • Which business objective do you think is the most important and why? •…It’s a great feeling to be sought for your opinion and participation when your organization needs to make an important decision. But what happens when the organization’s managers don’t listen? Management consultant Liz Ryan perhaps put it best: “When you work for a company that is not interested in your opinion, you can tell. They make it obvious. Once you know in your gut that your boss is not interested in your opinion, what other choice do you have than to find another job?” Some suggest that these bosses perhaps should be let go. Given that bad members can lower employee satisfaction and engagement, supervisors who exercise this form of control often emphasize politics over productivity and abuse their power, while employees complain because of the lack of support they are getting. They are “thrown under the bus” and forced out of the loop, and communication is all one way. Giving employees a chance to voice their opinions as part of the process leads to improved justice…It’s a great feeling to be sought for your opinion and participation when your organization needs to make an important decision. But what happens when the organization’s managers don’t listen? Management consultant Liz Ryan perhaps put it best: “When you work for a company that is not interested in your opinion, you can tell. They make it obvious. Once you know in your gut that your boss is not interested in your opinion, what other choice do you have than to find another job?” Some suggest that these bosses perhaps should be let go. Given that bad members can lower employee satisfaction and engagement, supervisors who exercise this form of control often emphasize politics over productivity and abuse their power, while employees complain because of the lack of support they are getting. They are “thrown under the bus” and forced out of the loop, and communication is all one way. Giving employees a chance to voice their opinions as part of the process leads to improved justice…
- How do I respond to this in 100 words? For definitional purposes, the term, open systems, is a perspective that holds that organizations depend on the external environment for resources, affect that environment through their output, and consist of internal subsystems that transform inputs to outputs (McShane et al., 2022). Open system theory is a biological theory that has been adapted to business organizational structure theories (Leonard 2019). It may seem odd that biology has anything to do with business, but the theory recognizes that any system is assembled by many parts that share resources or data internally, and with its external environment (Leonard 2019). My company, Memphis Light, Gas and Water, is the nation's largest three-service municipal utility, serving more than 440,000 customers (MLGW 2023). Since 1939, MLGW has met the utility needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas and water service. Memphis…Check the following stories and discuss the change of leadership in Netflix and its potential influences on the organizational culture or any of the stakeholders. References: At least two. Netflix announced Thursday that its founder Reed Hastings is stepping down as co-CEO at the company and will serve as executive chairman. Hastings will be replaced by co-CEOs Ted Sarandos and Greg Peters. “Our board has been discussing succession planning for many years (even founders need to evolve!),” Hastings wrote in a blog post on Thursday. “As part of that process, we promoted Ted to co-CEO alongside me in July 2020, and Greg to Chief Operating Officer — and in the last 2½ years I’ve increasingly delegated the management of Netflix to them.” Hastings founded Netflix (NFLX) in 1997 and changed the way countless households watched movies and shows, first with its DVD-by-mail business and later with its streaming video service. Under Hastings’ leadership, Netflix disrupted legacy movie rental…You are in a job interview, and the interviewer is looking over your transcript. He says, "Oh, I see that you took a course in organization theory and design. What is that all about?" What do you answer? Explain when a horizontal structure is dominant and when a vertical structure is dominant, do you agree we can combine them Organizational design reflects the way goals and strategies are implemented/ the administration and execution of strategic plan whether for learning or efficiency based. What do you understand by the statement. Do you agree with the statement, justify your view. There is no particular organizational structure approach is suitable for every organization (no one fit all), but each offers some advantages that the others may lack. Justify your view if you agree or disagree with this statement. What you understand by a global geographic structure and a global product structure? Under what conditions should an organization consider a global geographic structure as…
- Few people would want to hire a skilled manager with no leadership skills, and you would not want to hire an inspirational leader who can't manage planning, delegating, or keeping things organized. Draw two "T accounts" with positive attributes on the left and negative attributes on the right for managerial skills and leadership skills that you would look for as a hiring manager for a crucial managerial and leadership position in your organization.Your company has just acquired FastFeet, a business that produces the best prosthetic feet on the market. They have been in business for 25 years, and have a very strong reputation for quality, engineering and customer service. The former owners of the business are very likable people, and the corporate culture reflects that – the people are loyal to them, and were willing to work very hard for them. Now that your company has taken over, the culture has become dysfunctional. You have been tasked with helping the employees of FastFeet become part of the parent company’s culture. They are resisting the change, and the production rate and quality have been slipping. You have whatever resources you need to help them overcome their resistance. What strategy are you going to use, and what are the elements of that strategy – and why?The company you work for is at a key moment in its development. The general manager has retired, so a new manager has to be recruited. The employees are discouraged, because the retiring boss was very understanding with them and they fear that the change will be an unfavorable one. So far, they have interviewed two candidates. One defines himself as a charismatic leader and the other as transformational. In your opinion, which of these leaders would be the most effective in achieving operational goals in this situation in which the company finds itself? Justify your answer.
- Story: Larry wanted Michael to take over the firm so that Larry could focus on his favorite part of the business, which was redesigning the car and inventing new products. Michael agreed to help his father, and had visions of making the company a self-managed organization where workers had as much control as possible. Michael knew that he and his father had different visions for how Westward should be managed. Larry was an entrepreneur who liked to invent things, but he did not like paperwork. He was always tinkering with the car, improving it because he enjoyed responding to customer feedback. For him, the best way to grow Westward was by improving the design of its product. It was his company, his car, and he called the shots. There were few written policies, and a very limited paper trail. Inventory and parts were especially problematic, and often the assembly line had to wait for a rush-order of missing parts. Westward’s employees were happy that the firm was going to be managed…Give a simple Succession plan for the position of a CEO in that organization. Include the rationale, the implementation plan, function of the CEO, and the Communication plan.Wanda has never thought of herself as running a business, although it certainly seems to have turned out that way. Originally she really just wanted to give her friends and family an alternative to cheap, low-nutrition dog treats. When you explain to Wanda that she has created a business with stakeholders and all of the internal workings and structure of a business, she just stares at you blankly. So, you tell her to just hang on and you will explain this in more detail. 1. Using a visual or graphical representation, show Wanda what her business looks like from the inside and the outside. Include forces in the external environment and internal functional areas, as well as both internal and external stakeholders. In other words, what components of a business have come together with Wanda’s work?