Governance Structures & Corporate Culture Introduction This paper explores a few elements found in any healthcare organization or business organization in general‚ in particular‚ certain organizational structures and hypothetical constructs. First‚ consideration is given to some of the provisions of governance found in healthcare organizations. Consideration is also given to some of the possible antecedents and organizational outcomes of responsible leadership and on ethical decision making
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WHAT IS CORPORATE STRATEGY? Although strategy has different definitions by various authors‚ to understand Corporate Strategy we begin by defining strategy. "Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfil stakeholder expectations” (Johnson‚ Scholes & Whittington‚ 2008). From the definition given by Johnson
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Shakespeare that would lead to his rise and downfall as King of Scotland. Generals Macbeth and Banquo are approached by the Three Witches and are told of prophecies. They are: Macbeth would be King and Banquo would be father of future kings. At first‚ they are confused of what they were being told. Macbeth liked the idea but did not think of the consequences of what would happen if they came true. Banquo did not believe the witches and questioned if what they were saying would be a good thing or if
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In a research paper of Al Dunlap by Anthony DiPrimio‚ explains that in fact‚ Dunlap’s initial success had something to do with his downfall. There are however‚ some other managerial mistakes that he committed‚ that finally terminated his CEO career. The author mentions that he went to work at Luly-Tulip paper cup manufacturer. As a manager he was part of a “restructuring project he was responsible for a layoff of 20 percent of the workforce”. Although‚ he demonstrated disrespect for his fellow
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1.Arthur Andersen contributed to the Enron disaster by shredding documents‚ which was obstruction of justice‚ by allowing the person in charge of the Enron account to overrule the quality control partner‚ by being revenue focused and by not standing up to its clients‚ and by not changing their internal control policies. 3. The prime motivation behind the decisions of Arthur Andersen’s audit partners on the Enron audits was not for the public interest but for profit and fear of losing clients.
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Corporate Culture Culture refers to the fundamental values and norms that a group of peoplesuch as an ethnic group‚ a nation‚ a corporation‚ or some other organization or professionholds or aspires to hold. Every culture distinguishes itself from others by the specific ways it prefers to solve certain problems‚ such as those that arise from relationships with other people‚ from the passage of time‚ and in dealing with the external environment. Groups of people have "typical" cultural traits that
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Corporate-level strategy is focused mainly on the decisions over the scope of the firm ’s activities‚ mainly: product scope‚ geographical scope‚ and vertical scope. One of the myths of corporate-level strategy is that strategy formulation can be separated from implementationthat strategy is constructed first‚ then the appropriate management and organizational structure is selected afterwards. Unfortunately‚ this will result in a poorly designed strategy since it does not take into account the
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England in the 1960’s was a changing point for their culture. This time was known as the Swinging Sixties. The country transformed from a conservative environment into a place full of freedom with hope and promise. The nation had just moved past the second world war‚ and now the youth culture was beginning to freely express themselves. Adults in tis time fought during their youth and wanted the youth to enjoy their time. One of the biggest aspects of the sixties in England was the music. Music
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Culture is instrumental in shaping an organization and is viewed in through observable artifacts‚ espoused values‚ and shared beliefs of a group (). Observable artifacts are examined through the physical attributes of an organization which potentially include: dress codes‚ awards given‚ acronyms utilized‚ and rituals within the company. The basic assumptions‚ values or beliefs that employees hold shape a company’s behavior and they are the most difficult to change. Recently a topic of ongoing conversation
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The Unique Corporate Culture in Google Executive Summary The internet giant of search engine “Google”‚ always rated for the “Best Workplace”‚ “Best Employer” in the recent ten years. Why? Except the professional technology‚ Google’s great and unique corporate culture made so. The feature of Google’s corporate culture is equality‚ free and human oriented. The company provide the most luxury and comfortable work environment to its employee‚ encourage them relax more‚ play hard and work hard. From
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