Managing Personal Case Study Example | Topics and Well Written Essays - 1250 words

Managing Personal - Case Study Example stiff communication is an valuable tool that has wide ranging influence in the smooth functioning of corporate bodies. It is evidentiary in the administration of the organization and projection of organizations aims and objectives in the eyes of the public and stakeholders and also promotes better arrest of cross cultural values and help resolve conflicts. The transfer greatly facilitated in creating congenial operation atmosphere that motivated and inspired others to improve their performance and achieve organizations goals with more enthusiasm, vigor and creativity.The third meaning(a) change that he brought into the organization was in the regular performance judgement that was linked to the compensation. The various offices, laid at different geographical locations had wide disparity in the performance appraisal systems that were considerably influenced by the individual and regional interests. The uniform appraisal system ensured th at employees across the world had equal opportunity for face-to-face and professional growth.Indeed, the changes were designed to inculcate better ethical imperatives to provide competitive edge in the refrain changing global business with long term benefits. The time bound implementation of its strategic goals had enormously improved the overall image and credibility of the organization. make 1(b)When Prince had made wide ranging changes in the strategic goals and administrative processes of Citigroup due to falling credibility of its ethical and regulatory control, he had the option of using different change model that could need expedited the solution of its immediate problems. Instead of adopting an integrated approach he might have solely focused on was fortified appraisal system and stringent regulation and control system. Answer 1(c)Prince could have followed these model of change primarily because the focused approach would have given him and the organization to outstr ip the difficult phases of MTS in Europe and lacquer fiasco which had greatly affected the credibility of the organization. The effective appraisal system would have ensured early detection of mismanagement so as to avert another Japan like event to corrode organizational image. Stringent regulation and control would have ensured adherence to companys guidelines and values. approximately importantly, the process would have expedited the process of getting a clean chit from the U.S. Federal Reserve dialog box that had barred the company from making any significant acquisitions before getting its house in order. These changes would have resulted in short term gain. Answer 2(a)When Prince took over the stewardship of Citigroup, it was under tremendous pressure from the Federal Regulation dictum and had huge demoralizing repercussions from the event of Japan and MTS. Under his leadership, he created visions and goals and inspired the workforce to work towards achieving them. In the fast changing equation of global business environment, he needed to introduce changes that would inculcate strong organizational culture which would be truly global in essence and encompass values that would bring out across cultural divide and local interest. To make a significant difference to the work place, it is important the leaders and managers need to develop and enhance cross cultural relationship that must go beyond the officialdom in order to win the trust of the