Researching a one company and Solving 3 Questions Essay

Researching a one company and Solving 3 Questions - Essay Example McKnight’s management principles were firstly to delegate responsibility and to encourage staff to exercise their initiative and secondly for management to learn to focus on supporting staff who have participated in failed projects move on to something else rather than punishing them (â€Å"McKnight Principles† 5). To reinforce its culture of intrapreneurship 3M has instituted several policies and philosophies. The three that jump out of 3M’s organizational culture are the 15 percent option, tolerance for failure and rewards for success. The 15 percent option give employees authority to 15 percent of their workweek on individual projects of their choice without the need to either disclose or justify it to a manager (Govindarajan and Lang 3). This policy gives 3M staff freedom to be innovative. Tolerance for failure philosophy guarantees employees their jobs and no punishment for a product that fails in the market. On the contrary, 3M has often repeated stories of famous failures that went on to become highly successful products. This policy has the effect of keeping initiative and creativity alive among 3M’s staff. For innovative products that go on to have a breakthrough in the market, 3M acknowledges team member through salary raises, promotions, and recognition. For example the Golden Step award is given to team members if a newly launched product reaches a revenue goal of $2 million in the US or $4 million worldwide (Govindarajan and Lang 3). Better yet the informal recognition given to successful entrepreneurs through stories that convert them from mortals to legends is considered more powerful by 3M staff. The two major benefits that 3M derives from its organizational culture are staff loyalty and product differentiation as the key to commercial success. Staff loyalty is a manifestation of high staff motivation which often leads to increased job performance. Having a highly committed staff 3M’s management find it easy to

Thatchers concept organizational rhetoric and the use of corporate we Essay

Thatchers concept organizational rhetoric and the use of corporate we on remarks on the passing of Ronald Reagan successfully demonstrated the significance o - Essay Example Thatcher also states that "We live today in the world that Ronald Reagan began to reshape with those words." She uses the decentering of self to illustrate the importance of Reagan to the people. Thatcher's use of Aristotelian proof and "corporate we" in her speech successfully demonstrated the significance of Reagan in every American's life. In the entire speech from Thatcher she states that with ending the Cold War as the big success and achievement from Reagan, you read between the lines that it also ended Communism. The fear for Communism itself however goes back in time right after WW II. The US represented the Capital West and the Soviet Union was the leading superpower of the Communist East. The roots where made are not easy to be changed in acceptance from both parties. The historical importance of the summits between the both parties formed the basic to a new world where the tension between the Capital West and the Communist East was ceased. Ronald Reagan did, in fact, brought the United States of America to the end of the most difficult period in our modern times. Thatcher is right when she states in her speech (2004) that Reagan had an outstanding sense of humor and ability in creating friendships with almost anybody. He turned our Cold War enemy, the soviets, into our friend. Thatcher shows that Reagan took u s out of our most difficult time and reestablished our economics. He also turned our enemy into allies. These show the effective use of logos under the Aristotelian proofs. On the remarks of the passing of Ronald Reagan the conclusion to be made is that Reagan was President at the right time and his personal character made it happen that both parties started to negotiate. Reagan was open minded. New York Times (2004) It was Mr. Reagan's good fortune that during his time in office the Soviet Union was undergoing profound change, eventually to collapse, setting off a spirited debate over Mr. Reagan's role in ending the cold war. His supporters argued that his tough policies were the coup de grace and his detractors attributed the end to the accumulated influence of 45 years of the American policy of containment. But wherever the credit was due, the thaw came on his watch. Gorbachev explains all this in the Washington Post (2004) But if he had warm, appreciative words for Reagan, Gorbachev brusquely dismissed the suggestion that Reagan had intimidated either him or the Soviet Union, or forced them to make concessions. Was it accurate to say that Reagan won the Cold War "That's not serious," Gorbachev said, using the same words several times. "I think we all lost the Cold War, particularly the Soviet Union. We each lost $10 trillion," he said, referring to the money Russians and Americans spent on an arms race that lasted more than four decades. "We only won when the Cold War ended." The fact that President Reagan's intelligent has greatly affected the United States of America. Thatcher states that "Ronald Reagan knew his own mind. He had firm principles and, I believe, right ones. He expounded them clearly. He acted upon them decisively. When the world threw problems at the White House, he was not baffled or disorientated or overwhelmed." These examples demonstrated the effective the use of ethos under the Aristotelian proof which made the speech successful. In Thatcher's speech, she didn't only use the