Question: MAN4737 Integrated Management Applications. Please read the Abstract and create a case study, Thanks In late 2011, Ron Johnson was hired as CEO of J.
MAN4737 Integrated Management Applications. Please read the Abstract and create a case study, Thanks
In late 2011, Ron Johnson was hired as CEO of J. C. Penney on the basis of his retailing reputation, to turn around the lagging performance of the corporation. Within a year, the company stock dropped nearly 50%, its traditional customers deserted the company in droves, and thousands of operating employees and managers were laid off. As a result, Ron Johnson was terminated after a brief 17
Please answer the the following questions. understand the business context at J. C. Penney that resulted in the hiring of Ron Johnson and evaluate the hiring of Ron Johnson in terms of the insider versus outsider hiring dilemma; analyze the impact of Ron Johnsons managerial style and strategic decision-making; relate how managerial blind spots in key areas affected Ron Johnsons performance;
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