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Essay / Research Paper Abstract
This 8 page essay discusses some of the tools a new CEO might use in these turbulent times. It begins with a letter written by advisors to the new CEO of a major corporation. The essay includes discussions on organizational structure, motivation (providing examples of theories), and contingency management. Bibliography lists 12 sources.
Page Count:
8 pages (~225 words per page)
File: MM12_PGnwceo8.RTF
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Unformatted sample text from the term paper:
impact on what a company will do or not do. Mass media continues to tell us, we are living in very turbulent times. As this paper is written, the economy
seems to be in an downward spiral with millions of people losing their homes and everyone facing challenges when purchasing gasoline so they can get to their jobs. When these
kinds of economic issues exist, companies face more challenges in remaining competitive. Even today, company leaders are still perceived as dishonest and the continuing broadcasts of companies in crisis
doesnt help (OBrien, 2008). Restoring respect and confidence is an overwhelming task of all leaders and while they face this challenge, they are also "being called upon to guide organizations
[sic] through times of turbulence and uncertainty, to show the way forward and to set an example" (OBrien, 2008). This is why the old way of doing things is just
not going to lead to success today. Companies respond differently. Some lay off people and delay any improvement or development projects (Editors, 2008). Others decide to go ahead with
the development projects and/or other changes (Editors, 2008). According to many experts, one thing that must be done is to keep the teams focus on the vision and what is
happening right now instead of worrying how bad or what else will happen (Editors, 2008). Others include the importance of motivating employees through these times (Editors, 2008). A companys chief
executive officer (CEO) can bring about positive changes even in these uncertain and turbulent times. Anyone who doubts this need only thing of how Jack Welch brought GE out of
a severe slump to becoming very profitable again. New CEOs face many challenges but they also have a lot of tools at their disposal to bring about positive change.
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