Have a clear vision and strategy for the team. Have key technical skills so you can help advise the team. Learning to be a leader Work to develop personal traits of empathy and patience Practice act of leader in your daily life Emulate successful leaders Complete a leadership course to improve skills Find a mentor to provide feedback 40 41 • You are the CEO of a medium-sized company that makes window coverings similar to Hunter Douglas blinds and Duettes. Your company has a real cost advantage in terms of being able to make custom window coverings at costs that are relatively low in the industry. However, the performance of your company has been lackluster. To make needed changes and improve performance, you met with the eight other top managers in your company and charged them with identifying problems and missed opportunities in each of their areas and coming up with an action plan to address the problems and take advantage of opportunities. Once you gave the managers the ok, they were charged with implementing their action plans in a timely fashion and monitoring the effects of their initiatives monthly for the next 8 to 12 months. You approved each of the managers' action plans, and a year later most of the managers were reporting that their initiatives had been successful in addressing the problems and opportunities they had identified a year ago. However, overall company performance continues to be lackluster and shows no signs of improvement. You are confused and starting to question your leadership capabilities and approach to change. Question 1. What are you going to do to improve the performance and effectiveness of your company? @ Email 42 paramiedu.poeei@gmail.com Phone 09-774253897 43
Have a clear vision and strategy for the team. Have key technical skills so you can help advise the team. Learning to be a leader Work to develop personal traits of empathy and patience Practice act of leader in your daily life Emulate successful leaders Complete a leadership course to improve skills Find a mentor to provide feedback 40 41 • You are the CEO of a medium-sized company that makes window coverings similar to Hunter Douglas blinds and Duettes. Your company has a real cost advantage in terms of being able to make custom window coverings at costs that are relatively low in the industry. However, the performance of your company has been lackluster. To make needed changes and improve performance, you met with the eight other top managers in your company and charged them with identifying problems and missed opportunities in each of their areas and coming up with an action plan to address the problems and take advantage of opportunities. Once you gave the managers the ok, they were charged with implementing their action plans in a timely fashion and monitoring the effects of their initiatives monthly for the next 8 to 12 months. You approved each of the managers' action plans, and a year later most of the managers were reporting that their initiatives had been successful in addressing the problems and opportunities they had identified a year ago. However, overall company performance continues to be lackluster and shows no signs of improvement. You are confused and starting to question your leadership capabilities and approach to change. Question 1. What are you going to do to improve the performance and effectiveness of your company? @ Email 42 paramiedu.poeei@gmail.com Phone 09-774253897 43
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Transcribed Image Text:Have a clear vision and strategy for the team.
Have key technical skills so you can help advise the team.
Learning to be a leader
Work to develop
personal traits
of empathy and
patience
Practice act of
leader in your
daily life
Emulate
successful
leaders
Complete a
leadership course
to improve skills
Find a mentor
to provide
feedback
40
41
• You are the CEO of a medium-sized company that makes window coverings similar to Hunter Douglas
blinds and Duettes. Your company has a real cost advantage in terms of being able to make custom window
coverings at costs that are relatively low in the industry. However, the performance of your company has
been lackluster. To make needed changes and improve performance, you met with the eight other top
managers in your company and charged them with identifying problems and missed opportunities in each of
their areas and coming up with an action plan to address the problems and take advantage of opportunities.
Once you gave the managers the ok, they were charged with implementing their action plans in a timely
fashion and monitoring the effects of their initiatives monthly for the next 8 to 12 months. You approved
each of the managers' action plans, and a year later most of the managers were reporting that their initiatives
had been successful in addressing the problems and opportunities they had identified a year ago. However,
overall company performance continues to be lackluster and shows no signs of improvement. You are
confused and starting to question your leadership capabilities and approach to change.
Question
1.
What are you going to do to improve the performance and effectiveness of your company?
@
Email
42
paramiedu.poeei@gmail.com
Phone
09-774253897
43
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