Adams Corporation Case

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- CONCLUSION

Based from the analysis, what has been very evident is that there has been a mismatch on the leadership style that Millman has used versus the culture of the company. As a result, some employees where not been able to adopt on the sudden changes on the management. Aside from this, another contributing factor is the improper implementation of the control systems of the company. These have resulted to cut-throat competition among employees as they set-aside values in favor of meeting the targets. This has also resulted to high turnover and low morale among employees.

- RECOMMENDATION

CHRISTIAN’s Notes:

Business Policy → Corporate Strategy → General Management

Some of the key roles of the chief executive includes the following:

-Craft the strategy of the organization and communicate it to the organization

-Managing the selection, training and progress of people in the organization and building a positive work environment, designing the structure and systems that provide context for the operations so that capabilities increase in areas that permit moving toward strategic objectives.

Processes and Practices: Designing the organization and its systems for:

- Measure and Information

- Planning

- Budgeting

- Control

- Reward and Punishment

..Like surgeons, they can cut deeply into an organization in order to produce a healthier company.

- Rely on their skills with people: To enlist the trust and commitment of those with whom they work

REFERENCES:

The Implementation of Strategy: Achieving Commitment to Purpose (Bower, et al, 8th edition)

Industry (Comparison) - Sales Growth, Market Share, Share Price, Expense Control, Employee Turnover

Human Resources Management

Corporate Culture

Management Control Systems - objectives that employees and managers need to achieve

Budgeting and Reporting - each unit measured against the budget on sales and profit performance plus five expense categories monthly

Rewards and Compensation - monthly bonus plan 25 up to 100 percent of their salary; capital improvements; promotions

Timetable

Resource Planning - documentation of roles (knowledge transfer),