In the last column for NYTD,figure out how NYT'sDNA elements will impact their performance. What DNA elements
Question:
In the last column for NYTD,figure out how NYT'sDNA elements will impact their performance. What DNA elements should NYTD keep, what should it jettison, and what should it change?
A element | Indicative of | For NYT | For NYTD |
Staff | Leadership style, staffing policies, competencies, promotion policies, career paths | Operational experts, internal promotions, known and established career paths. | |
Structure | Formal reporting structures, decision authority, information flows, task and process flows | Hierarchical organization, formal reporting, established information flows, clear cut delegation of decision rights. | |
Systems | Planning, budgeting and control systems, evaluation criteria, incentive and compensation systems | Planning and budgeting are critical. Focus in on individual/unit/department accountability (as compared to plan). More fixed compensation. | |
Culture | Notions about behaviors that are valued, embedded business assumptions and decision biases | Business assumptions are deeply embedded in the organization and passed on from generation to generation. Tend to be risk averse when required to abandon standard operating policies (procedures). |
International Economics
ISBN: 978-1429278447
3rd edition
Authors: Robert C. Feenstra, Alan M. Taylor