Name of the assignment: Final Exam
Organizational Behavior Final Exam
1. Summary of the problem as per the case study
CEO is resigning due to a brain tumor and the firm needs an interim CEO to run the firm until they find a suitable replacement. As I am the CEO I, What will I do immediately? How I will communicate with my current department and the rest of the company? What will be my key focus? Why? How will I accomplish your goal?
2. Introduction
In light of the key aspects (leadership, management, structure and culture) and using the assessment tools I have to make a plan for what I should do as a CEO.
3. Problem analysis:
To be in such position with no prior warning means that we need immediate work to understand the current situation, run the current business successfully and then to build the new strategy. a) Immediate Action: I have to create a crisis management team of vice presidents and directors to know exactly what was in the former CEO hands and to manage the current business. b) Next : I have to make an assessment for the current situation and review the strategy to improve it or to change it. And since the structure follows the strategy I have to build my own strategy and implement it effectively.
4. Plan of building and assessment of the new strategy:
The plan will be to build and implement a High Level Balanced Score card on nine major steps: a) Assessment: Develop plan, strategic elements and change management. b) Strategy: customer value strategic themes and results. c) Objectives: Strategy Action Components. d) Strategy map: Cause Effect Links. e) Performance measures: Performance Measures & Targets. f) Initiatives: Strategic Projects. g) Automation: Performance reporting and Knowledge sharing. h) Cascade: Alignment through Unit & Individual Scorecards. i) Evaluation: Strategy Results & Revised Strategies
Company