Wait a second!
More handpicked essays just for you.
More handpicked essays just for you.
Corporate values and how they influence the way employees do their work
An essay on change management
Corporate values and how they influence the way employees do their work
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Philosophy (or mission) statements are used to guide individual, team, and corporate behavior and decisions, and to convey the organization’s culture (Ask the manager, 1995). In May of 2001, Dell Computer Corporation was experiencing decreasing PC Margins, frequent layoffs, and a lack of motivation from their employees. This resulted in a meeting between Michael Dell, the founder and CEO of Dell Computer Corporation, and Kevin Rollins, the President and COO of Dell Computer Corporation. Dell and Rollins determined that Dell needed to “find their soul,” by articulating the basic values and beliefs of the company, and creating a set of guidelines for employees became a top priority. The Soul of Dell was developed the following September and communicated to Dell employees in March of 2002. The communication of these principles was poorly executed and resulted in a lack of understanding and commitment to these new company values. This paper will present an analysis on The Soul of Dell case study and present a solution for the above stated situation. A copy of my letter addressed to Ms. Elizabeth Allen, the Vice President of Corporate Communications at Dell Computer Corporation, providing advice on the issue is included in Appendix A.
Ethical Standards and Management Communication
An Economic Point of View
Many companies fail to achieve ethical business practice due to increased levels of global competition, financial pressures, lack of communication throughout the organization, and the absence of moral leadership at top levels (O’Rourke, 2010). In May of 2001, Dell was employing a strictly economic point of view when it came to making decisions and managing their employees. An economic point of view demands that the structure of th...
... middle of paper ...
...ystems are developed and upper management lives the values they are working to communicate, employees will gain an appreciation and compliance for these standards, thereby conforming to the values their organization is working to promote. With employees who are engaged and passionate for the values their company promotes, a winning attitude will be developed. Dell’s efforts in creating The Soul of Dell were well grounded, but did not have the proper support and communication strategy to make them a success.
Works Cited
Ask the manager. (1995). Design News, 51(12), 165.
O’Rourke, J.s. (2010). Management communication: A case-analysis approach (4th ed.). Upper Saddle River, NJ: Prentice Hall.
Pearce, II, J.A., & David, F. (1987). Corporate Mission Statements: The Bottom Line. Academy of Management Executive (08963789), 1(2), 109-115. doi: 10.5465/AME.1987.4275821.
An article discussing the importance of a mission statement states that a mission statements’ job is to outline the organization’s unique purpose and establish the basis of its values and traits, as well as describe the attitude that is to be expected of those a part of the organization. Furthermore, this philosophical foundation sets the “tone” for physical actions, meaning that the content of the mission statement can determine the behavior of personnel (Hitt & Ireland, 1992).
Many organizations have developed written statements known as Mission and vision statements, which support employee performance and motivation strengthening the organizations culture and helping reach goals. Some organizations promote high performance restructuring by dedicating the introduction of a team approach to work structuring, and high skill variety and feedback on performance, which results in job characteristics and improved satisfaction. Organizations nowadays are forced to pay extra attention to their employees’ needs and customers’ needs by means of employee recognition, goal alignment and work force engagement. For teams to be engaged and effective, members must feel appreciated, and believe in their leaders (Dixion & Hart, 2010). Organizational culture obtained with Path-goal theory is equivalently important because appropriate culture is required to sustain or facilitate established high performance efforts. With high employee performance and goal alignment organizations use management by objective (MBO) an integrative approach for management that supports the attainment of customer satisfaction through wide variety of tools and procedures that the end result will be higher quality of goods and services achieving business excellence (Evans J
We recognize that our success as an enterprise depends on the talent, skills and expertise of our people and our ability to function as a tightly integrated team. We appreciate our diversity and believe that respect - for our colleagues, customers, partners, and all those with whom we interact - is an essential element of all positive and productive business relationships.
The mission statement of the company was “As we grow as a company, it has become more and more important to explicitly define the core values from which we develop our culture, our bran...
Corporate governances actually illustrate that no entity or agent is immune from fraudulent practices (Arjoon, 2005 p 342-344). Therefore, it is crucial for an organization to have a stable ethically healthy corporate culture, Patagonia is "doing things right" by influencing the actions of the workforce. Through the integration of ethical conduct in an organization, employees see the complexity of making ethical choices; also, it helps the staff understand what an ethical decision entails and how to talk about hard ethical choices and taking responsibility for making moral choices carefully and
The espouse values of an organization are the stated values and norms that are preferred by the organization. Mr. Marchionne’s goal was to build a secure future for Chrysler for their employees, customer, suppliers and dealers. When Sergio Marchionne took over he worked to form a new management team by interviewing current employees; even junior executive whom he moved up the ladder. Mr. Marchionne held weekly meetings in which he discussed the organizations deficiencies. His office was in the technology center so that he could be close to his
Speaking about the business model of Dell, it has ability to remain on the higher end of the scale for a particular time period. Dell has business model, which primarily focuses on direct selling line of attack. It in a straight line supplies the PCs to the regulars. It does not believe in intermediary, retailers for the business practices. Undeniably, this gives them an edge to serve customer well. Nevertheless, it understood the importance of retailers and start offering products on the premises of retailers, such as Wal-Mart, Sam’s Club and so on. Next, Dell administration is certain of the exclusive business of PCs. As time goes on, however, observing the
Before we start, we would like to briefly introduce the definitions of Supply Chain and Supply Chain Management (SCM).
I discovered how sticking to one’s morals should be the topmost priority for everyone involved in business, whether personal or professional. Regardless of what the consequences may be, the intensity of the problem, and the complexities it may bring, sacrificing one’s integrity should never be an option, as integrity goes hand-in-hand with the morals of an individual (Duggan & Woodhouse, 2011). They further go on to say that having individuals take part in building a code of ethics that supports employee integrity, they will act ethically. Also, I believe that companies should place more emphasis on the moral behavior of their employees, and clear-cut policies should be set regarding such ethical situations. Furthermore, I realized how serving justice while making decisions really helps in the long run, and that opting to go for the ideal rather than they deserved is not always the best option, and could hurt a company in more than one
Dell’s initial competitive strategy, when it was founded in 1984 by Michael Dell, was to focus mainly on differentiation. Its strategy was to sell customised personal computer systems directly to customers, which was a rapidly emerging market at that time (1). This was done by targeting second-time customers, those that already understand computers and know what they wanted. Meanwhile other companies at the time was selling “’plain brown wrapper’ computers” (2). By offering customisations, Dell gained a better understanding of customers’ needs and wants. This helped the organisation position itself differently against the more popular brands, such as Compaq and IBM.
All organizations should be motivated to better understand the many factors related to diversity. Not only because it enables corporations to improve their competitive advantage, but more importantly, because it the right and ethical way to conduct business (Canas & Sondak, 2011). One such company taking a proactive approach to the support of diversity is Dell, Inc. This paper will discuss Dell, Inc. and how its leadership’s approach to corporate stewardship has enabled the organization to become a leading source for the world’s technological solutions.
Morley, D. D. & Shockley-Zalabak, P. (1991). Setting the Rules: An Examination of Organizational Founders’ Values. Management Communication Quarterly, 4, 422–449.
“The Dell Theory of Conflict Prevention,” is a theory that is approved by multiple famous authors. The theories main points are valuable and the theory should be looked upon more seriously. In Thomas Friedman’s essay, “The Dell Theory of Conflict Prevention,” he gives examples of how global supply chains would be constructive to promoting world peace. Friedman feels that if everyone is an ally to each other in some shape or form, then no one will want to engage in war. Madeline Albright would agree with Friedman’s theory according to her writings in “Faith and Diplomacy.” Albright felt that religion should play a factor in the diplomatic system of America, in order for us to maintain some kind of peace with other nations. Friedman and Albright both were looking for a solution to world peace. Albright would agree with this theory from the religious perspective. Appiah argued that an ideal global citizen would be essential to America, in his essays “Making conversation” and “The Primacy of Practice.” Appiah felt that people must have an understanding of each other in order to get along with each other. Both Appiah and Albright would agree with “The Dell Theory of Conflict Prevention.” “The Dell Theory stipulates: No two countries that are both part of a major global supply chain, like Dell’s, will ever fight a war against each other as long as they are both part of the same global supply chain”(Friedman 125).
“Values are the beliefs of an individual, group, or organization, in which they are emotionally invested” (Carpenter, Bauer, & Erdogan, 2015). Many organizations consider corporate values strategically import for building their company’s reputation and keeping the customers’ confidence and allegiance. That, however, is only a tiny portion of the strategic benefits that organizational values can offer. “Further benefits include:guidance for decision-making on all levels, selection criterion for new employees, driver for individual and corporate behavior on all levels supporting the vision, mission, and goals of the company, and effective definition and implementation of core values” (Gupta, 2015). Values within a company need to be more than just a few words that sound nice to ensure overall acceptance within an organization. “Effective core values need to be emotionally appealing and workable” (Gupta,
The statement of a mission encourages one to progress to succession. A mission statement involves strategic planning in ...