Friday, September 27, 2019
Appendix Essay Example | Topics and Well Written Essays - 500 words - 1
Appendix - Essay Example The entrepreneur spirit is present throughout the organization. The firm offers a stock option plan to all the employees. Due to the successful implementation of the employee stock option plan all the employees care a lot about the well-being of the business organization. The stockholders have voting rights. The company has been effective in the past at raising large sums of money which has been invested for expansion purposes through the sale of stock and bonds. The managers of the company provide great leadership to the organization. The executive management team including the CEO is often seen talking with the floor employees. The company provides managers with monthly training and development sessions. The lines of communication are always open between the employees and managerial staff. The managerial style of the CEO is charismatic leadership. The managers abide by high ethical standards in their decision making process. The managers are very fair and they have delegated some responsibilities to the floor employees to empower the workforce. Change management has been used effectively by the managers to keep up with the latest trends in the industry. The managers have the power in the organization. The company does not suffer from agency problems. The managers are responsible of keeping with good interpersonal relations with all major stakeholder groups. The employees of the company feel they are a part something special. The firmââ¬â¢s generous stock option plan has help develop a tremendous corporate culture. The employees achieved acceptance and synergy. Synergy occurs when the whole is greater than the sum of its parts. The workforce of the organization is very productive. The firm evaluates the performance of the employees twice a year. Different groups of employees report to various supervisors. The firm offers its employees great benefits including medical plan. The managers receive
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