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Steven F Goldstone, Chairman and CEO of RJR Nabisco (one of the largest US cigarette manufacturers) said in a 1998 magazine interview, “I have no moral view of this businessâ¦I view it as a legal business. You shouldn’t be drawing a moral judgment about a business our country says is perfectly legal and is taxed like crazy by it.” Think about his comment in terms of ethical awareness. What might change if you think of your business in terms of ethics and not just legal terms? What about the class action lawsuits that were settled for billions and set aside for future claims even while cigarettes are still sold avidly? What about applying these principles to the legalization and sale of marijuana in several US States?
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e leaders and managers are involved in developing and building the organization through good organizational development and design. The leader develops the identity of the organization and employees. The manager should concentrate on developing the skills, behaviors and performance of the team. Chaos theory The organization is presented as an open, dynamic, nonlinear system subject to internal and external forces which might be sources of chaos. In order to exploit the chaotic quality of an organization, one needs to try to see the organizational shapes that emerges from a distance. The organizations are focused on structure and design. In this respect, chaos theory shows the need for effective leadership, a guiding vision, strong values, organizational beliefs, and open communication. Management by objectives The management by objective will lead to support from all sides, leading to all objectives being reached more effectively. It is a process that very much promotes the accomplishment of objectives through participation and team work. The general concept of this objective is that employees tend to perform better and allowing each individual to personal goals to companywide objectives. Management by objective ensure that everyone in the organization is included in the decision making process, from the higher level employee to the lower level employee working for the business objective of the organization.>
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e leaders and managers are involved in developing and building the organization through good organizational development and design. The leader develops the identity of the organization and employees. The manager should concentrate on developing the skills, behaviors and performance of the team. Chaos theory The organization is presented as an open, dynamic, nonlinear system subject to internal and external forces which might be sources of chaos. In order to exploit the chaotic quality of an organization, one needs to try to see the organizational shapes that emerges from a distance. The organizations are focused on structure and design. In this respect, chaos theory shows the need for effective leadership, a guiding vision, strong values, organizational beliefs, and open communication. Management by objectives The management by objective will lead to support from all sides, leading to all objectives being reached more effectively. It is a process that very much promotes the accomplishment of objectives through participation and team work. The general concept of this objective is that employees tend to perform better and allowing each individual to personal goals to companywide objectives. Management by objective ensure that everyone in the organization is included in the decision making process, from the higher level employee to the lower level employee working for the business objective of the organization.>
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