Leading People and Organisations
Course Name:
Leading People and Organisations
Assessment Task 2:
Essay
Table of Contents Question 1 3 Question 2 7 Question 3 9 Reference List 12
Question 1
Explain the differences in research between the Competing Values Framework and the 4plus2 formula?
The Competing Values Framework (CVF) was developed as a result of the evolution of four management models that were used during the nineteenth century. Quinn and Rohrbaugh (1983) developed the CVF model by defining the dimensions (i.e. internal versus external and flexibility versus control) that influenced a company’s success. Quinn (1996) further developed the CVF model by defining each quadrant and the associated criteria and actions (illustrated in Diagram 1).
The 4plus2 formula was developed as the result of an empirical study of business performance by many academics over a fixed period of time i.e. a 10year period from 1966 and 1996. Research that resulted in the development of the 4plus2 model was finite in that the study was conducted over a pre-defined and set period of time i.e. a 10year period from 1966 and 1996. The actual study and analysis of the relevant business performance statistics lasted five years.
The 4plus2 formula involved the analysis of company performance statistics and data by trained coders and in-depth studies of relevant management models by academic experts. More than fifty academics and consultants who used industry accepted tools and processes were engaged to identify, collate and analyse the performance information relative to the one hundred and sixty companies over the ten year period (Nohria, Joyce and Robertson, 2003).
Research for the 4plus2 model was conducted on a limited number (160) of US firms whereas the development of the CVF model started out with US based firms in the early 19th century and eventually took into consideration events that affected firms all around the world and not just the US. For example the emergence of Japan in
Leading People and Organisations
Assessment Task 2:
Essay
Table of Contents Question 1 3 Question 2 7 Question 3 9 Reference List 12
Question 1
Explain the differences in research between the Competing Values Framework and the 4plus2 formula?
The Competing Values Framework (CVF) was developed as a result of the evolution of four management models that were used during the nineteenth century. Quinn and Rohrbaugh (1983) developed the CVF model by defining the dimensions (i.e. internal versus external and flexibility versus control) that influenced a company’s success. Quinn (1996) further developed the CVF model by defining each quadrant and the associated criteria and actions (illustrated in Diagram 1).
The 4plus2 formula was developed as the result of an empirical study of business performance by many academics over a fixed period of time i.e. a 10year period from 1966 and 1996. Research that resulted in the development of the 4plus2 model was finite in that the study was conducted over a pre-defined and set period of time i.e. a 10year period from 1966 and 1996. The actual study and analysis of the relevant business performance statistics lasted five years.
The 4plus2 formula involved the analysis of company performance statistics and data by trained coders and in-depth studies of relevant management models by academic experts. More than fifty academics and consultants who used industry accepted tools and processes were engaged to identify, collate and analyse the performance information relative to the one hundred and sixty companies over the ten year period (Nohria, Joyce and Robertson, 2003).
Research for the 4plus2 model was conducted on a limited number (160) of US firms whereas the development of the CVF model started out with US based firms in the early 19th century and eventually took into consideration events that affected firms all around the world and not just the US. For example the emergence of Japan in