Management and Organizational Studies 4410A/B Lecture Notes - Lecture 1: Bloomberg Businessweek, Automotive Products, Organizational Culture

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 4410A/B
• Professor: John White

Document Summary

Pulling together pieces from class notes, lecture and reading to group same content from each into categories for taking notes. Stakeholders: publics (third party players, the press, general public, media publics. Financial publics (not ppl loaning money but the ppl who effect the interest rates, called rating agencies: government, customers, employees. In turn, this allows the firm to pursue activities that lead the organization forward and avoid devoting resources to activities that do not. In addition to other benefits already mentioned, a clear vision and. Vision: vision: broad and long term, main goal of company. Is the "north star" = what all employees understand their everyday work ultimately contributes towards accomplishing over the long term. "being forward-looking, envisioning exciting possibilities and enlisting others in a shared view of the future, is the attribute that most distinguishes leaders from non-leaders. " Alzheimer"s association: "our vision is a world without alzheimer"s disease. "