Suppose a company at which executives were rewarded for meeting targets based only on profits and stock price switches to a balanced scorecard that adds measures for customer satisfaction, employee engagement, employee diversity, and ethical conduct. How, if at all, would you expect executive’s performance to change in response to the new control system? How, if at all, would you expect the company’s performance to change?
Answer to relevant QuestionsDevise a plan for developing yourself and making yourself attractive to potential employers. How would you go about improving your managerial skills? How effective is organizational culture as a control mechanism? What are its strengths? Its limitations? When would a manager rely on clan control the most?According to Francis Bacon, "A wise man will make more opportunities than he finds." What does this have to do with technology and innovation? What does it have to do with competitive advantage?Why do some people resist the goal of becoming world class? How can this resistance be overcome? In your own words, what does the idea of "creating the future" mean to you? How can you put this concept to good use? Again, generate some specific ideas that you can really use?
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