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- https://www.industryweek.com/companies-amp-executives/toyota-secret-constant-change-and-growth “Mr Okuda wants everyone to change, but everyone is following Newton's law and resists change. When you want to dosomething new, the mind finds a good excuse: no money, it is not in the budget, it won't work, the boss won't let me don'thave enough time, etc. The mind can easily find a million ways not to change”. Based on this statement and suitable theory, examine the individual and organisational resistance to change that Toyotamanagement would have had to manage effectively during their transformation initiatives. please help me in doing my assignment, it is not graded assignment, it is from past papers1. You are required to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns? 9.concern for employees - Are employees a valuable asset of the firm? 2. Quality of the writing of the…Site 1 example for the Intangible assets of your chosen companies and explain why. You can SKIP Human capital. Just use the 3 intangible assets such as Customer Capital, Social Capital, Intellectual Capital. Examples:SOCIAL CAPITAL - CORPORATE CULTURE: APPLEApple Inc. has an organizational culture for creative innovation. The company's cultural features focus on maintaining a high level of innovation that involves workers' creativity and a mindset that challenges conventions and standards, such as in the area of consumer electronics design.CUSTOMER CAPITAL - CUSTOMER LOYALTY: STARBUCKSThe Starbucks Rewards program awards customers with "stars." As they earn stars, customers receive free coffee and products. In addition to celebrating their birthday with a free treat, there are also bonus rewards like double star days and access to exclusive games and offers.INTELLECTUAL CAPITAL - PATENTS: SAMSUNGSamsung Leads the Way with 1,728 Granted Patents for 5G• Samsung Leads the Way with 1,728…
- Too Much Intelligence?The rapid growth of Pace Technologies was due in no small part to sales manager Ken Bodine and to the skills of the savvy young sales staff that he had assembled. Bodine prided himself on finding and hiring top grads from two major business schools in the area. In addition to the top salaries offered by Pace, the grads were attracted by Bodine's energy, innovative thinking, and can-do attitude. He was the embodiment of Pace culture—moving fast, ahead of the knowledge curve in high-tech. Paces sales force consistently stunned the competition with their high-performance level. Among other things, Pace had the reputation for aggressive business intelligence.Competitors found both amusing and frustrating the company’s ability to outmaneuver others and capture accounts. Bodine enjoyed the air of mystery surrounding the Pace organization. Awareness that some competitor sat on the verge of a big sale always stirred Bodine’s passion for sales and ignited his desire to…Four years back, Giant Organic entered the organic grocery market, and within a few years the company grow its business by having a few subsidiaries. Emphasizing on innovation. Mr. Hanif and three more shareholders have started to experience an exceptional growth of Giant Organic in the global market. Mr. Hanif will call for a meeting to introduce new investors who have a very strong financial background. The investors had an idea to add logistic service into business. Major changes will happen as well as revision in policy and procedure. Giant Organic want to introduce an innovative climate in the workplace. The company has added 150 global dealers throughout the year 2020, all replicating Giant Organic’s business model. The company will consider local staff to be assigned in different countries. Based on the above, answer the following question: Evaluate ONE (1) critical HR practice together with FOUR (4) justifications, that is significant for Giant Organic to successfully…Patagonia moves in regard to its ownership and how it will be managed going forward. What’s your reaction to this news and how do you feel about the change? Do you think more companies should set up these sorts of governance and ownership structures? Explain why or why not. Do you think more companies will do this now that Patagonia has? Explain why or why not.
- (0) Read the following excerpt from the article by Michael Schlossberg, three dramatic board failures to learn from. Considering this excerpt, answer the questions that follow. Blockbuster The former worldwide leader in video rentals found themselves on the wrong side of public opinion thanks to a failure to innovate. Blockbuster was once known throughout the world as a leader in home movie and video game rentals. Before the digital age, their products were the Netflix of the day. The problem? They refused to innovate. Sensing changes in the market — including by a start-up known as Netflix — Blockbuster began to push for a more in-demand market, creating programmes that allowed people to get videos delivered directly to their homes. However, it wasn’t enough: The company failed to properly prepare for the rise of the digital age and never created a product like that of Netflix that streamed movies directly to people’s internet devices. Their most egregious failure? A lack…While the___approach takes the microeconomics- based Industrial Organization route, the ____ approach takes a management- based approach. a. industry, market b. market, industry c. Competition, Management d. None of the aboveThe foundation is inconsequentialThe syndicate started experiencing growth at all business units. It culminated in an increase in profit margin. As a market leader, the company started investing cripplingly in other ventures therefore widening its portfolio. Such is a story of a certain thrilling Ghanaian own business. Management thought it wise to employ more labour to beef up the shortfall of their employees. Kofi Antobam was lucky to be employed after several years in search of a white colour job. The opportunity had finally come. As part of his job description, he was expected to canvas for customers and possibly deploy all marketing strategies at his disposal to retain the hard-won customers. Coming from a very strong ethical background, and an orphan as well, he gave out all his best to secure the job for good. Growing up as a Christian, with a strong religious background he tried to respectfully lure customers to patronize the company through all ethical means. Antobam was voted…