I need this answer without Chat gpt .... How can an organization benefit from an efficient succession plan in readiness for both anticipated and unforeseen top manager departures?
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I need this answer without Chat gpt .... How can an organization benefit from an efficient succession plan in readiness for both anticipated and unforeseen top manager departures?"
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- 1. What three (3) personal values should a manager possess to improve the organization's success in achieving/fulfilling its primary purpose? 2. Assumptions are used by management methods such as the Logical Framework Approach (LFA), Cost-Benefit Analysis, and Cost-Effectiveness Analysis to provide inputs for managerial decisions and actions. What is the logic of employing an assumption in coming up with or creating inputs for management decisions and actions, given that it is not guaranteed to hold? Is there any way to avoid making assumptions?MANAGERIAL ECONOMICS 7. Make a complete description of the various risks and uncertainties faced by the company and ways to overcome them; give 2 (two) concrete examples of business decisions that anticipate risks and uncertainties!Assuming: PIZZA COMPANY In the FUNCTIONS OF MANAGEMENT. Choose among your OWN NAME who you think is best suited for the position and describe why you choose him/her. example: PLANNING - Name of Person - describe/description
- Effective management is crucial for the success of any organization, as it involves planning. organizing, leading, and controlling resources to achieve specific goals. Managers play a vital role in coordinating efforts, making decisions, and fostering a productive work environment. They must possess strong communication skills, strategic thinking abilities, and the capacity to motivate and inspire teams. Additionally, adaptability and problem-solving skills are essential in navigating the dynamic and ever-changing business landscape Question: How do effective communication skills contribute to the success of a manager in leading and coordinating teams?Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.Determine whether the following statement is true or false: Most managers perform all five management functions but not necessarily to the same degree.
- A management science solution can be either a recommended decision or information that helps a manager make a decision. DiscussEffective management is crucial for the success of any organization, as it involves coordinating resources, people, and processes to achieve specific goals efficiently and effectively Managers are tasked with various responsibilities, including planning, organizing, leading, and controlling They must possess strong communication skills, decision-making abilities, and leadership qualities to motivate and guide their teams toward desired outcomes. Additionally, effective managers must adapt to changing environments, anticipato challenges, and implement strategies to address them proactively Question: How does effective communication contribute to the success of management within an organization?In short paragraph differentiate between the symbolic view and the omnipotent view of management. include specific examples of each of view to support your answer
- how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…13. Samir, the new CEO of Cloud Marketing, has been with the firm for over 25 years. He was picked by the board to turn the 85-year-old agency around because it had lost its edge in the Internet age. To infuse new life and energy into the agency, Samir wants to bring back some old ideas that previously worked at Cloud. He plans on having managers and veteran employees instruct each other about the organization's values, beliefs, and expectations; telling stories about some of the company legendary ad campaigns; coming up with a slogan that summarizes Cloud's abilities in a simple and memorable phrase; and having quarterly ceremonies where creativity and innovation are rewarded. The things that Samir wants to do are all examples of. a.MBO. b.decentralizing authority. c.embedding culture. d.TQM. e.a value stabilizing plan.What are the alternatives to using data to drive management decision-making? Do you think businesses statistics are becoming more important or less important for managers today? Why? Is it better to make management decisions based on data? Why or why not?