Case Study10 Siemens’ Simple Structure–Not There is perhaps no tougher task for an executive than to restructure a European organization. Ask former Siemens CEO Klaus Kleinfeld. Siemens‚ with 77 billion Euros in revenue in 2008‚ some 427‚000 employees‚ and branches in 190 countries‚ is one of the largest electronics companies in the world. Although the company has long been respected for its engineering prowess‚ it’s also derided for its sluggishness and mechanistic structure. So when
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SIEMENS INTERNSHIP REPORT INDUSTRY SECTOR DEPARTMENT: INFRASTRUCRURE SOLUTIONS |[pic] |[pic] | [pic] INTERNSHIP PERIOD: 1Month DATES: 10-8-2009 TO 09-9-2009 SUBMITTED BY : ASIF NAEEM (From: UNIVERSITY OF SARGODHA‚ SARGODHA) SUBMITTED TO: MR. SOHAIL IMRAN (commercial Officer) PREFACE The purpose of the report is to give brief idea. The idea to my Official
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1) What explains the high level of corruption at Siemens was how it was legal at one point in time to offer bribes‚ but once the law changed‚ Siemens continued to do brides that was once legal but now illegal. Also‚ when the company continued bribery‚ Siemens transferred money into a hard-to-trace bank in Switzerland to protect their business and help them win contracts. Managers rationalized it as the bribes being useful money‚ but in a way they were still making profit‚ and bribes were used as
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of a high-performing team. Effective leaders are able to assemble a high-performance team with good hierarchical balance‚ measurable and attainable goals‚ and appropriate communication expectations across the team. They promptly address conflict resolutions and break down all physical barriers in managing multi-city offices and dispersed employees. By paying close attention to team demographics and diversity‚ good leaders will establish a solid group foundation which will result in a high-performance
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believe that relationships and efficiency go hand in hand. The partners I work with on a routine biases help feed my energy and shape my attitude. If negative thoughts surround our relationships on the unit I find it difficult to contribute to a caring culture. On the other hand‚ if positive energy floods the floor I notice my passion for caring and efficiency flourish. When my unit practices together with love and compassion we are able to practice efficiently without compromising loving care. If hospital
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of rganizational culture. Most of them suggest basically the same principle‚ that the oganization ’s culture is the shared values‚ beliefs and assumptions of how the members should behave. The purpose and function of the culture is to understand how organizations function and gives meaning to the organizations way of doing things. It helps to foster internal integration‚ bring staff members from all levels of the organization much closer together‚ and enhances their performance. Much as personality
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of Global Business Professor Portillo BSAD 113W 18 February 2013 Assignment #3: Siemens Bribery Scandal Before 1999 the use of bribery in Germany was not illegal and could be deducted as a business expense in a company’s taxes. This allowed companies like Siemens to gain the upper hand and have an unfair advantage over their competition in acquiring business deals around the world. Then when the law changed‚ Siemens still utilized bribery‚ and employed bribery tactics in other countries where it
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1 Introduction High-performance work system (HPWS) can be defined as a specific combination of HR practices‚ work structures‚ and processes that maximizes employee knowledge‚ skills‚ commitment‚ and flexibility (Bohlander & Snell‚ 2004‚ p. 690‚ Marchington and Wilkinson‚ 2008‚ P92). A basic aim of HPWS is leveraging human resource system to improve employees’ overall contribution and performance by enhancing their discretion‚ competency and commitment. Among enormous researches of HPWS
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Creating a Culture of Customer Care I am Alice Hendry‚ the general manager of the Mountain High Hotel Complex. This is my first appointment to this level of management and I hope I can make a contribution to the Complex. With the approximate 3 months’ observation‚ I made this report for the board of directors with the approach of promoting a culture of customer care for all customer to increase the level of business during the quiet seasons which need all the staff at the Mountain High Hotel Complex
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HIGH PERFORMANCE WORK SYSTEM a) High performance work system is group of different but linked approaches to manage the hierarchical approach and human resource practices including selection‚ training‚ employee compensation‚ performance appraisal etc which enhances employee effectiveness. This also builds good employee-employee relationships and creates an environment where an employee has more involvement and responsibility. The employees would have increased opportunities to participate in decisions
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