Question: For this assignment, answer the following questions within two paragraph or less per answer. 1. Francesca Gino, Prof of Management at the Harvard Business School,
For this assignment, answer the following questions within two paragraph or less per answer.
1. Francesca Gino, Prof of Management at the Harvard Business School, has written in Rebel Talent that managers should let your workers rebel. She argues for creative non- conformity as essential for productive strategic management. Why? Do you think this will create more productive and healthier workplaces? Just as an example, can you imagine what Boeing would look like today if Prof. Ginos management ideas were embraced by the companys C-suite?
2. Its an honest-to-goodness miracle is how Automobile magazine describes the new Hyundai Sonata N-Line which they compare favorably with the BMW 530i. And the new Genesis GV-70 was recently named Motor Trends SUV/Car of the year. Kia, Hyundais sister company has received similar accolades for its Telluride SUV, Stinger, etc. How did the Korean car companies accomplish their rapid success story and what made them a model of brilliant strategic management? What did their management do that catapulted them to the top of the price/quality/value charts?
13. Galloway argues that the pandemics the most enduring impact will be as an accelerant; and that in any crisis there is opportunity: the more disruptive the crisis, the greater the opportunities. (See Healthcare and Higher Education and Hybrid work/Working from home) What does he mean by that and do you agree? Examples?
4. If you were part of a management team of a real estate investment trust that owned and managed high rise office buildings in cities, shopping malls, movie theaters, and fitness centers, what survival strategies would you be considering it right now? Are shopping malls and high-rise office building REITs zombie companies?
5. McKinsey, the largest management consulting firm in the world) says the 4-day workweek is the future. In fact, Bill Schaninger, one of McKinseys Directors, says that we should be talking about the 20-hour workweek. Many B-School professors, government officials and innovative corporate managers are also arguing for a 3 or 4-day/30/32-hour week (with the same pay as the old 40 hour week) for most organizations that employ over 50 or 100 people. Do you think that this is desirable? Feasible (except for Mom and Pop operations)? Productive? What would be the tradeoffs? (Remember, it was only 100+ years ago that businesses said that they couldnt afford an 8-hour/5 day workweek.)
6. Safety belts, tobacco, food, sustainability, health, and the climate crisis: Do you think meat, salt, sugar, and fat is going the way of tobacco and becoming legislated health hazards? (See the current strategic planning of food giants such as ADM, ConAgra, and Cargill.) Why are health insurance companies lobbying for major changes in the way we eat and the way we live? (Think strategic management and cost analyses by the insurance companies; note that they were proponents of making tobacco a semi-outlawed product and making safety belts and airbags in motor vehicles the law.)
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