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AQA BUSS 4 - Corporate Culture Discussion

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Reply 260
Original post by ksingh
For section A, do we just need to know abiut the 5 research bullet points for culture?


5 research for each bullet point.
Sometimes you can use the same research for more than 1 bullet point.
Reply 261
Just about to start revising the companies how much detail do I need to get into?
Reply 262
Original post by dan94adibi


x



Your an absolute life save, cheers.
Can anybody give me any info on Cadbury/Kraft, I can't find much detail! Also, can you use the same business example for section A and B?
Reply 264
Original post by xxm
Just about to start revising the companies how much detail do I need to get into?


As much details as you can back up your points. Don't go tell stories. My research for each point I make is about 4-5 lines.
Reply 265
Original post by yaboy
Your an absolute life save, cheers.


No problem.
Reply 266
Original post by dan94adibi
As much details as you can back up your points. Don't go tell stories. My research for each point I make is about 4-5 lines.


Thanks very much I was going to go for something like this:

Barclays-
Background Info: i.e CEO
Culture:
Success:
Failure:
Reply 267
Original post by dan94adibi
Anyone has anything useful on how Nokia communicates with its employees to bring changes about?


I would recommend to look at the 'burning platform' memo created by Stephen Elop, the new Nokia CEO.
Reply 268
You do realise you don't have to write that much about your research? You might just include the research for 3 points. Don't go crazy.
Original post by JackH12
You do realise you don't have to write that much about your research? You might just include the research for 3 points. Don't go crazy.


ditto. you shouldnt be story telling, all you have to do is give an example to explain your point, and then analyse it.
And also, you can use facts without figures, as long as they are relevant to the question at hand.
Could anyone tell me how sonys organisational culture has changed ? I know the strategy now is more focussed on their core areas but how does this link to culture ?
(edited 10 years ago)
Reply 272
Original post by CubePL
I would recommend to look at the 'burning platform' memo created by Stephen Elop, the new Nokia CEO.


Yh had a read, it really was interesting how Mr.Elop described Nokia.
Reply 273
Original post by xxm
Thanks very much I was going to go for something like this:

Barclays-
Background Info: i.e CEO
Culture:
Success:
Failure:


You can do it that way.
I did mine different.
I did my research as I was going along. For exam with way to change culture I said ok one of the points is training and then looked into how my companies use training to change culture and ect...
Reply 274
Just done my first company and want some feedback if possible.

Apple:

Strong organisational culture the employees buy into the values and beliefs of the company
Steve Job's went for the more entrepreneurial leadership style and a more democratic one too so the company could gain innovative ideas from its employees. CEO Tim cook has carried this on, showing culture right one to take. Success of Apple clearly shows that the culture of the business works and has allowed them to become one of the biggest businesses in the world.

Do I need more detail? Is this too vague?
Reply 275
Original post by dan94adibi
You can do it that way.
I did mine different.
I did my research as I was going along. For exam with way to change culture I said ok one of the points is training and then looked into how my companies use training to change culture and ect...


Ahh okay thanks a lot man, been very helpful!
Reply 276
Can someone tell me the ways of changing culture and factors influencing the culture. Aren't they kind of similar because for ways of changing culture: leader, training and recruitment. Factors influencing the culture: leaders and training. I am confused, can someone clear this, please help!
Reply 277
Original post by MrBobb
Can someone tell me the ways of changing culture and factors influencing the culture. Aren't they kind of similar because for ways of changing culture: leader, training and recruitment. Factors influencing the culture: leaders and training. I am confused, can someone clear this, please help!

Ways of changing = get a new leader e.g Barclays with Jenkins or Royal Mail with Moya Greene - they do this by training the emplyees the new values
So I thought I'd drop the idea of Business Flash cards and instead do notes about the different topics and how business relate to them.

Businesses and the Political and Legal Environment

Tesco - In early 2013 it was discovered that many Tesco products, particularly those that were supplied by Frozen-food giant Findus contained traces of horse meat. Some traces being up to 100%. Tesco immediately responded by withdrawing all products containing horse meat in order to resolve the situation, however took a devastating hit to its public image in the process. This event dubbed "The Horsemeat Scandal" by British Press broke the Food Safety Act of 1990 which indicated that Food must not be labelled in a misleading way, the products never listed horse-meat in their ingredients section, as well as the Trade Descriptions Act of 1968 which orders that no product packaging misleads customers.

Toyota - In June 2013, Toyota issued a global recall of its products including its third-generation Prius range and various Lexus cars. 242,000 hybrid cars (Most of which made between 2009 and 2011) were called back due to a problem with the braking system in the cars. Numerous complaints were received by drivers of said cars. This broke the Consumer Protection Act of 1987 which details that all Consumer goods must be safe.

Barclays - In 2012, many banks were involved in a scandal to fix the Libor rate. This has been traced back to many cultural changes in mainstream banks which happened during the late 1990s and early 2000s. The Libor rate was fixed so that the Base Interest Rate would remain at 0.5% which it has remained at since March 2009. When it was discovered that Barclays was one of the main conspirators in the scandal, Barclays was fined £290m and Bob Diamond resigned his post as CEO. Since then Barclays has seen new leadership under Anthony Jenkins and is going about a Cultural Change.

Royal Mail - In late May 2013, the Royal Mail was announced to undergo privatisation in the next year. This means that over 155,000 jobs will be moved from the Public Sector to the private sector. The Government hopes aims for a £3bn sale which will reduce borrowing and may cut taxes. Other current Public Sector businesses to be privatized including Urenco may fetch £9bn in total (Including Royal Mail) and banks RBS and Lloyds may bring in an additional £6bn if sold, however no plans to do so have been made.
Reply 279
Original post by xxm
Just done my first company and want some feedback if possible.

Apple:

Strong organisational culture the employees buy into the values and beliefs of the company
Steve Job's went for the more entrepreneurial leadership style and a more democratic one too so the company could gain innovative ideas from its employees. CEO Tim cook has carried this on, showing culture right one to take. Success of Apple clearly shows that the culture of the business works and has allowed them to become one of the biggest businesses in the world.

Do I need more detail? Is this too vague?


I've got this:
Company name - Apple Inc.
Leader - former iconic founder and leader Steve Jobs, later Tim Cook
Leadership style - democratic/ lassez-faire
Culture - Handy's task and power culture. Generally a culture of innovation, secrecy and discipline

Apple is a company where one man, Steve Jobs, established how things are done around the company. The distinctive culture had helped to increase productivity, sustain a comptetitive advantage and establish a worldwide-known brand which makes it one of the biggest and most profitable companies in the world.
Apple’s culture is as distinct as its products are groundbreaking. That’s no accident; one leads to the other.
The main characteristics of Apple's culture are:
Apple's culture is brutal and unforgiving, where accountability is strictly enforced and decisions are swift.
Simplicity is the key to Apple's organisational structure. The hierarhy is deceptively straightforward.
Specialisation is the norm at Apple, with every employee NOT working outside their area of expertise.
Culture of innovation because the business is 'run by ideas', a key in the market they operate in.
THE NEW CEO
As a result of Steve Jobs's medical problems, new CEO, Tim Cook, was appointed. He focuses more on valuing employees, e.g. praising them publicly and giving them discounts on the company products.

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