Assess The Conditions That Would Support The Change Of Found

Assess The Conditions Which Would Support The Change Of Foundational B

Assess the conditions which would support the change of foundational business practices. 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 in an implementation plan into the process so it is actionable. Select one business from the current winners from any of the categories in the Great Places To Work list. Assume that you are the new CEO of this business who has goals of expanding your business. You can select one or more from the following list, or develop your own goals: Expand nationally or internationally, Change your business offering(s) or target customers, Merger or acquisition, or another goal of your choice. Select a company that you have not used for another assignment. Practicing with more than one company will give you greater insight into how the processes you use may need to be tailored to the company or industry differences. For this 6- to 8-page APA-compliant paper (not including title and reference pages) respond to the following:

Paper For Above instruction

Section 1 - Overview and Goal Description

Select the company you will use for this paper and provide an explanation and rationale for your choice. As there are many categories in the Great Places to Work website, consider exploring an industry you are familiar with or one you wish to learn more about. Describe the company's vision, mission, and values as individual components in its current state. Explain the systems relationship of these elements and how they interrelate to support the company's success. Include any relevant background information that provides contextual understanding.

As the new CEO, identify the growth goal(s) you intend to pursue—such as expanding nationally or internationally, changing offerings or target markets, or pursuing mergers or acquisitions—and justify these goals with research evidence. Discuss any analysis or due diligence you conducted regarding the efficacy of the selected goal(s), including examples of competitors' successes or failures, and potential returns on investment or impacts on productivity and effectiveness.

Section 2 - Mission

Present research on the advantages and disadvantages of changing a company's mission statement, supported by at least two scholarly readings or videos from the course, along with two additional sources outside the scholarly literature. Analyze how a mission statement change could influence other business processes and stakeholder perceptions.

Research two companies that have revised their mission statements, compare the original and revised versions, and evaluate the benefits and drawbacks of these changes. Discuss whether the revised mission aligned with standards like those proposed by Burkus (2018), and articulate your stance on whether your company’s mission statement should be revised. Describe the process you would follow if a change is warranted.

Section 3 - Values

Examine the role of values-based leadership, supported by at least two course readings or videos and two additional sources. Discuss why organizational values are crucial for profitability and success, and outline best practices for embedding core values throughout the organization.

Describe the process you used to develop a personal values profile, including listing your values. Based on your research, outline the steps you would take to integrate current company values, gather stakeholder input, and measure the success of these values in contributing to business outcomes. Use visual tools like flow charts if applicable, and provide links or attachments as needed.

Assess the extent to which organizational values are embedded, and propose methods for stakeholder engagement to enhance values integration. Conclude with how this aligned values profile could improve business success and organizational culture.

References

  • Burkus, D. (2018). Under New Management: How Leading Organizations Are Using Purpose-Driven Leadership to Improve Performance. Harvard Business Review Press.
  • Redman, T. (2019). Managing: People, Performance, and Power. Pearson.
  • Great Places To Work. (2023). List of recognized companies. Retrieved from https://www.greatplacetowork.com
  • Kolb, D. A. (2014). Experiential Learning: Experience as the Source of Learning and Development. Pearson.
  • Schein, E. H. (2010). Organizational Culture and Leadership. Jossey-Bass.
  • Lencioni, P. (2002). The Five Dysfunctions of a Team: A Leadership Fable. Jossey-Bass.
  • Friedman, R. (2018). Values and corporate culture: The pathway to sustainable success. Journal of Business Ethics, 147(3), 529-541.
  • Harrison, R. (2015). Organizational Change: Creating a Climate for Lasting Transformation. Routledge.
  • Sharma, S., & Lambert, D. M. (2013). Managing customer relationships. Business Expert Press.
  • Grant, A. M. (2013). Give and Take: A Revolutionary Approach to Success. Penguin Books.

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