In week two one task that your team will face is to analyze growth opportunities for expansion. In the global economy there are many strong ties between corporate ethics and profit. McMurrian and Matulich offer this hypothesis, ?In fact, a reputation for ethical business activities can be a major source of competitive advantage? (2006, p. 11). For this discussion question you will;1. Conduct research to validate the statement made above by McMurrian and Matulich.;2. Post the APA compliant results of your research to include at least one company that has successfully applied their ethics or values with profitable results and one company that has lost profit dollars when they have acted in non compliance with their ethics.;3. Comment on how this research applies to your current employer or one that you have worked for in the past.;4. Comment on how this research will increase the effectiveness of your simulation team?s decision-making.;Reference;McMurrian, R. C., & Matulich, E. (2006). Building Customer Value and Profitability with Business Ethics. Journal of Business & Economics Research, 4 (11), 11-18.;Week 2;Please review the Discussion Board Participation grading rubric on your course syllabus. This is important information that will ensure that you earn maximum points. Your professionally written APA compliant postings, using appropriate sources should provide substantive depth that advances the discussion. Also, please be sure to edit your posts for grammatical errors before you post.;Discussion;In your business growth plans for this week, one area you will be focusing on is recruitment and retention of employees. Your text states ?In a recent survey of 173 CEO/founders?the HR issues seen as most important included: recruitment/ selection/ retention/ compensation and special pay programs?? (Cadotte & Bruce, 2003, p.359). A unique recruitment and retention challenge faced by current CEO?s is that for the first time in history multiple generations work side by side. ?Each group has its own distinct characteristics, values, and attitudes toward work, based on its generation?s life experiences? (American Management Association, 2007, ? 2). For this discussion question respond to the following, supported by scholarly sources;a. Define the generations as referenced by the American Management Association.;b. Talk about the motivations for each of these generations.;c. Research the challenges faced by employers in creating compensation/rewards programs that will satisfy all generations.;d. Discuss how the company you presently work for accomplishes this goal.;e. Recommend changes or improvements that your present company could make to their current practices.;Reference;American Management Association, (2007, January 27). Leading the four generations at work. Retrieved from http://www.amanet.org/training/articles/Leading-the-Four-Generations-at-Work.aspx;Cadotte, Ernest R. and Harry J. Bruce, The Management of Strategy in The Marketplace, South-Western College Publishing, Cincinnati, 2003.;Discussion Topic;As your company grows and faces increasingly complex challenges, you may be finding that the original strategy you created is changing. You are also changing and growing to meet these new challenges. Senge (2007) tells us ?The organizations that will excel in the future will be those that can tap the commitment and capacity to learn of people at all levels within them? (para 5). Senge?s 5 key disciplines are ?1) systems thinking, 2) achieving personal mastery, 3) shifting mental models, 4) building shared vision, and 5) team learning? (2007, para 6). They are key to achieving the goal of creating the learning organization.;For this week?s discussion question, you will be reviewing the readings for this week, viewing to the Extra Extra videos, and using your own organization to research how these disciplines can be integrated into organizational growth and improvement. Your response should contain the following information;1. A brief description of your current employment organization or one that you have worked for in the past.;2. A review of how these disciplines have been integrated (either formally or informally) within the organization and the impact on organizational effectiveness.;3. Commentary on how the organization can improve.;4. How you can integrate this information into your business plan in the classroom team.;Reference;Senge, P. (2007). Fifth Discipline. Bloomsbury Business Library - Management Library, 27. Retrieved from EBSCOhost.;Sources of Capital;All small business owners find themselves looking for small business funding at one point or another. In this simulation you are preparing to seek funding from venture capitalist, but there are many other sources of funding to consider. The small business owner must determine how these sources marry with company vision, mission and values, and weigh the advantages and disadvantages of each funding source. For this discussion question you will conduct research on these funding sources and;1. Present a high level overview of at least 4 types of sources.;2. Select the top 2 sources that you think would be a best fit for the growth stage of your business.;3. Discuss how you would identify specific companies/individuals within these 2 choices to find one that is the most compatible with your organizations values.;4. Cite one example of a company that has achieved this goal;Discussion Topic;Last week you presented to the venture capital team and received feedback on how to increase your chances of success as you grow your company. You will be incorporating this feedback into your business plan and possibly changing your strategy. Linkow tells us ?In this rapidly changing world with tight--and getting tighter--resources, the capacity to make and execute strategy is a source of competitive advantage. Organizations that don't have strategic competence embedded in their infrastructures will fall behind? (1999, p. 37). In his article, Linkow identifies several thinking competencies that are common in great strategic thinkers;? reframing;? scanning;? abstracting;? multivariate thinking;? envisioning;? inducting;? valuating (p. 35);For your discussion question response this week, select 2 of these competencies and in your response;1. Define each competency using Linkow?s work and other sources you discover in your research.;2. Discuss the impact achieving a high degree of skill in these competencies can have on an organization?s growth.;3. Select a business leader that has exhibited either one or both of these competencies and give an example to support your thoughts.;4. Talk about how this information can be helpful to your team as they change the business plan.;5. Describe how personal integration of this information can increase your effectiveness as a team member.;Reference;Linkow, P. (1999). What gifted strategic thinkers do? Training & Development, 53(7), 34. Retrieved from EBSCOhost.;Unit 6;Discussion Topic;You have been working in virtual teams starting from the first week and needed to be highly effective almost instantaneously. In week 6 you will be presenting to the board and one area of this presentation includes lessons learned throughout the simulation. One key area you will address is how the team learned to work together from the outset, how you continued to maximize individual strengths to create a high performing team, and what you will be doing to continue this development. In this discussion question address the following;1. What process the team employed to engage all team members quickly?;2. How successful was your team process?;3. How roles and responsibilities were assigned? Please include information from;a.your insights profile;b.the tools in the textbook reading;c.Other assessment tools that you think are valuable to share;4. What best practices this and from previous courses, articles, books, and assignments have helped you?;5. What changes did you need to make along the way to ensure that the team operated in a highly effective fashion?;6. How will you apply this knowledge to your workplace and other teams you will be operating on in the future?
Paper#29580 | Written in 18-Jul-2015Price : $50