Case Study 2 Business managent
Verizon
1. Using the competing values framework as a point of reference, how would you describe Verizon’s current organizational Culture? Provide examples to support your conclusions.
A clan culture is a family like or tribe like type of corporate environment that emphasizes consensus and commonality of goals and values. Clan cultures are the most collaborative and the least competitive of the four main corporate culture models. Mentoring, employer commitment and employee engagement are thought to promote empowerment and loyalty that will drive productivity and business success. Verizon’s employees are the embodiment of that belief. Whether they’re mentoring students, helping non-profits build capacity or running to support a community in crisis, there employees are generous, caring people who are committed to making a difference.
2. What type of culture is desired by CEO Lowell McAdam to meet his goals? Discuss.CEO Lowell McAdam thought creating a leadership culture that leads for shareholder value would meet one of his listed goals. The company then made a key lever for cultural change called the Leading for Shareholder Value (LSV). It is a 1.5 day mandatory executive education program that was designed to help senior leaders understand how to drive long-term value creation which were all lead by CEO McAdam and CFO Fran Shammo. Senior leaders were placed in cross-business units and cross functional teams and giving an assignment to identify obstacles preventing Verizon from creating more shareholder value. At the end, each team would report to a panel of top...
3. which of the 11 ways to change an organizational culture has Verizon used to create its current culture provide examples to support your conclusions?
Verizon’s current organizational culture in creating leadership that leads for shareholder value was one of Verizon’s significant training goals in 2011 and the company’s implementation of Leading for Shareholder Value was a key lever for
1. Using the competing values framework as a point of reference, how would you describe Verizon’s current organizational Culture? Provide examples to support your conclusions.
A clan culture is a family like or tribe like type of corporate environment that emphasizes consensus and commonality of goals and values. Clan cultures are the most collaborative and the least competitive of the four main corporate culture models. Mentoring, employer commitment and employee engagement are thought to promote empowerment and loyalty that will drive productivity and business success. Verizon’s employees are the embodiment of that belief. Whether they’re mentoring students, helping non-profits build capacity or running to support a community in crisis, there employees are generous, caring people who are committed to making a difference.
2. What type of culture is desired by CEO Lowell McAdam to meet his goals? Discuss.CEO Lowell McAdam thought creating a leadership culture that leads for shareholder value would meet one of his listed goals. The company then made a key lever for cultural change called the Leading for Shareholder Value (LSV). It is a 1.5 day mandatory executive education program that was designed to help senior leaders understand how to drive long-term value creation which were all lead by CEO McAdam and CFO Fran Shammo. Senior leaders were placed in cross-business units and cross functional teams and giving an assignment to identify obstacles preventing Verizon from creating more shareholder value. At the end, each team would report to a panel of top...
3. which of the 11 ways to change an organizational culture has Verizon used to create its current culture provide examples to support your conclusions?
Verizon’s current organizational culture in creating leadership that leads for shareholder value was one of Verizon’s significant training goals in 2011 and the company’s implementation of Leading for Shareholder Value was a key lever for