DOMS Corporation, a once-thriving enterprise, is currently on the brink of bankruptcy due to a combination of
Question:
DOMS Corporation, a once-thriving enterprise, is currently on the brink of bankruptcy due to a combination of internal mismanagement and external market challenges. Recognizing the need for strategic leadership, the board has hired you, a seasoned business consultant, to collaborate closely with the CEO in redefining the company's strategy and leadership approach.
1. Establishing the Basic Purpose of the Organization: Explain how the basic purpose of the organization can be established so that all stakeholders understand the bigger picture.
2. Macroanalysis of the Business Environment: As part of the repositioning exercise, demonstrate to the CEO the tools that can be used to perform a macroanalysis of the business environment.
3. Generic Competitive Strategy: The company needs to establish a generic competitive strategy. Explain to the CEO how a competitive strategy leads to competitive advantages. Secondly, demonstrate the three generic strategies described by Porter and share a brief explanation of each.
4. Leadership Style and Emotional Intelligence: Looking at leadership, the CEO is struggling with following a leadership style. Firstly, explain to the CEO why self-leadership matters and what the components of emotional intelligence, according to Goleman (1995) are. Then, select one leadership style and briefly explain it to the CEO.
5. Understanding Employee Motivation: The CEO pro-actively wants to work on becoming a better motivator. Explain to the CEO how he can determine what drives employees. Furthermore, explain a motivational strategy that can be applied to the job itself
Auditing a risk based approach to conducting a quality audit
ISBN: 978-1133939153
9th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg