Which statement is accurate regarding the strategic contingency model? Group of answer choices If the resources you control are vital to the organization, you will be viewed as a threat to the others and will have less job security. The more dependent you are on another, the less power you have. The more difficult something is to obtain, the less value it tends to have. If there is a clear substitute that exists, the level of power held is greater.
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- Answer the following with a minimum of 6 sentences each. Questions Answer What can executives do in order to properly implement the strategic plan? What is an organizational structure? How would organizational structure help in its proper implementation of a strategic plan? Communication is said to be the reason why proper implementation of strategy becomes a problem or failure. Explain why.Check the following stories and discuss the change of leadership in Netflix and its potential influences on the organizational culture or any of the stakeholders. References: At least two. Netflix announced Thursday that its founder Reed Hastings is stepping down as co-CEO at the company and will serve as executive chairman. Hastings will be replaced by co-CEOs Ted Sarandos and Greg Peters. “Our board has been discussing succession planning for many years (even founders need to evolve!),” Hastings wrote in a blog post on Thursday. “As part of that process, we promoted Ted to co-CEO alongside me in July 2020, and Greg to Chief Operating Officer — and in the last 2½ years I’ve increasingly delegated the management of Netflix to them.” Hastings founded Netflix (NFLX) in 1997 and changed the way countless households watched movies and shows, first with its DVD-by-mail business and later with its streaming video service. Under Hastings’ leadership, Netflix disrupted legacy movie rental…Succession planning usually focuses on the development of management as it is believed that they are the key talent required for organizational success.however, there is another school of thought which argues that an organization most certainly employees are not those who make the highest salary, but those who have the most impact on the customer, for example the teller or customer service representatives at the information desk at Scotia bank Describe why these persons should be considered key talent, and recommend succession management strategies to develop the teller and customer service representatives at the information desk at Scotia bank
- How to respond to this in 100 words? The SWOT matrix is an extension of the SWOT analysis as it relates to the alternative characteristics relevant to the internal strengths and weakness within the organization. The SWOT matrix strengths and weaknesses are created and listed on the left side vertically, while the opportunity and threats is across the top. The significance of the SWOT matrix is not confusing the external opportunities with the possible course of actions. "The SW/OT matrix is a systematic means of developing strategic alternatives available to the organization, but it also requires brainstorming and creative skills as well” (Parnell, 2017, p. 229). The SWOT matrix is a valuable tool that managers can use while leveraging strengths and weaknesses within an organization. There are also four classifications that can appear from the SWOT matrix which drives multiple strengths or weaknesses, in conjunction with opportunities or threats. However, emphasis should be geared…"When it comes to executing a large operational change in an organization, a chosen management style has a bigger impact than the cultural match." Do you agree or disagree with this statement? Define key terms and how are the key terms connected? What are the pros and cons? Any theory/model that explains this statement? A example of it.Lou Gerstner, former CEO of IBM, has strong views on why successful companies often fail. He goes on to comment that “enduring companies we see are not really companies that have lasted for 100 years. They’ve changes 25 times or 4 times over the 100 years.” His prescription for this for strong leaders is to inoculate their firms against complacency and continuously push their firms forward. He adds that leadership that really counts is the leadership that keeps a company changing in an incremental, continuous fashion. You are requested to think of an organization leader that you know (or read about). Critically discuss whether or not this leader was effective and was able to bring about a significant organization change. Explain reasons behind this leader success (or failure). I don't want the essay to be solved i just want further explanation on what to write and if you can answer ut i will be very pleased
- The structure of an organization is essential to achieving strategic objectives. Why do organizations change their structure? Discuss the possible outcomes of restructuring, Use an example in the discussion.Please agree/disagree and add more information regarding the below comment (from a management perspective) "Artificial intelligence is starting to become a bigger part of the world for the better and the worst. AI is used to do many different processes. Some AI are used to do specific tasks like calculation or helping produce goods while others can do multiple tasks. Some are practically human, but lack a physical body and can't display or process emotions like we can. AI are the key to making many processes more efficient and producing things faster than the average human, which can increase profits for companies. This might seem like a bad thing to some people because they might think that AI and robots are taking over jobs for many people. AI and robots are cheaper in the long run and use less resources than organic employees, so I see why people feel threatened by that. Something I'm concerned about is that AI might make life too easy for us, like in WALL-E where the robots are…The planning method is changing and evolving over time, as are all facets of good management. Think of an organisation, whether your workplace or your college or university, you are reasonably acquainted with. Choose one of the following four strategy methods and describe how the organisation will successfully utilise the selected plan method to increase its success in a volatile climate. Decentralized schedule Extend goals Dashboards output Teams with intelligence