Professional Documents
Culture Documents
ANS 1: - The McKinsey 7-S Framework is a model that business leaders can
implement to assess and improve their organization's productivity,
effectiveness, and long-term success. This framework focuses on creating and
supporting seven key internal factors of an organization which each contribute
to its health and capabilities. The framework also helps leaders understand
how seemingly unrelated aspects of an organization can impact one another
and influence the overall well-being of a company.
1. Examine the organization’s shared values: - Start by examining
the organization’s shared values. Instead of focusing on the values
highlighted on the company's website or on promotional materials, try
to identify the social norms and standards your team has adopted and
uses regularly. Consider what types of behaviours your co-workers deem
acceptable and how these unwritten rules influence the way people
interact with each other. Then, assess whether your team's shared values
are consistent with your organization's structure, systems, and strategy.
Some questions you might ask as you analyse your organization's shared
values include:
What are the core values of the company?
What three words describe the company culture?
How strong are each of these values?
What are the original or founding values of the company?
If the organization's shared values are inconsistent with its structure, systems,
and strategy, create a list of areas you can work on improving.
2. Review the organization’s hard element: - Next, review how hard
elements influence the company by analysing your structure, systems,
and strategy. As you assess each of these internal factors, consider how
they influence and support each other. Some questions you might ask as
you review the organization's hard elements include:
What type of hierarchy does the organization follow?
How is the team divided?
Does the organization use centralized or decentralized decision-
making practices?
How does each department organize important activities?
How do team members choose partners, leaders, and colleagues
with whom they align?
Review your answers to these questions carefully to identify areas where the
organization's structure, systems and strategy can support one another better.
3. Access the organization’s soft element: - After you have analysed your
team's shared values and hard elements, take the time to assess the
remaining soft elements. These include the company's skills,
management style and staff. As you review each of these internal factors,
consider whether they support the hard elements you previously
identified. Some questions you might ask as you assess an organization's
soft elements include:
Which skills are the strongest in our team?
What specializations or strengths is the company famous for?
Does our current team have the capabilities to perform their work
effectively?
Are there any important skills our team lacks?
How effective is our management system?
How does management support the rest of the team?
Revisit your answers to each of these questions and compare them with the
notes you took while reviewing the organization's hard elements. If these
elements seem like they are competing instead of supporting each other,
consider what steps you can take to create a more consistent work culture for
the team.
2. The Growth phase: - The growth phase is the second stage in the life
cycle of an organization. During this phase, greater effort is spent
collecting and processing information about the competitive
environment (monitoring), controlling the financial performance of
various products, and facilitating communication and coordination
between various departments.
4. The revival phase: - Entering the Revival stage is optional and can occur
during a Mature or Decline stage for a firm that recognizes and initiates
drastic changes to alter current problems. Firms pursue rapid growth
through innovation, acquisition, and diversification which involves a
good deal of risk taking. New top-level leadership is often required to
initiate or effectively implement this stage. It is also a period of
necessarily increased investment.
When it comes to the social media cycle, it is extremely important that you
understand exactly what is involved and how it works.
1. The initial interaction: - The absolute first thing that you will do when it
comes to your content is interacting with other people online. You will
discuss your content, engage other people, ask questions, gather
valuable information from them, etc.
Conclusion: -
Now that you have gone through the entire social media life cycle, you will start
over again with the next piece of content and you will go through that same
cycle a million times. The more you do it, the better you will get at it and the
more positive your results will be over time. Considering that social media is
here to stay and has been for quite a while, you need to understand the life
cycle thoroughly and really make it work for your business. Of course, you will
also want to track result and gather analytics as you go so that you can make
improvements as necessary but if you understand and follow the course, you
will do extremely well.
ANS 3 a) Ryan can use the goal approach for the business in the following ways:
1. Identify the purpose of the goal: - There are several reasons why a goal
should be set. For example, maybe an employee needs to learn a new
computer program to continue doing their job. Maybe your company has
just integrated a new system that will be used by all employees, so
determining the best way to ensure each employee learns the system
would require the implementation of goal-setting. Whatever the reason
for the goal, it should be clear to both management and the employee or
employees who will be accomplishing the goal.
2. Meet with the employee: - If a goal is being set for a single employee,
schedule a meeting with this employee to go over the needs for goal-
setting. Get the employee's opinion on the need for the goal and ensure
the employee understands their responsibilities in terms of
accomplishing the goal. You can also use this time to inform the
employee of future check-ins on their progress.
3. Develop a plan using Smart model: - The Smart model is an effective way
to set and accomplish goals. SMART is an acronym that stands for
Specific, Measurable, Aggressive, Realistic and Time-bound.
4- Make sure the employee has what they need to accomplish the goal: -
Before the employee starts working toward a particular goal, you should first
ensure they have the equipment, time and resources needed to accomplish the
goal. Meet with the employee and ask if they have access to what they need,
and if not, provide this to them before they begin working towards the goal.
There are some loopholes also in the goal approach for the business: -
1. If there are difficult goals that management and the company are trying
to accomplish, performance may fall due to incompatible actions.
2. Goals that are too far above an employee's skills and competencies can
have a negative effect on the employee's performance and motivation to
complete the goal.
3. More complex and difficult goals may lead to risky behaviour to
accomplish the goals in a timely manner.
5. Clear purpose: - The stakeholder theory can also help a company find its
purpose or mission. For example, a low-cost airline might look to bring
air travel to underserved communities or remote locations, prioritizing
people and communities over high-priced ticket sales and popular
destinations. Alternatively, a clothing company might operate with the
business practice of donating a clothing item to a community in need for
every like item it sells. Putting customers, communities and employees
first can help companies recognize their approach to community
engagement and corporate social responsibility.