1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
emmasim [6.3K]
4 years ago
13

What was Ketto’s 8 stages

Business
1 answer:
AveGali [126]4 years ago
4 0
1. Establish a sense of urgency

– Examine market and competitive realities.

– Identify and discuss crises, potential crises or opportunities.

– Create the catalyst for change.

2. Form a powerful coalition

– Assemble a group with enough power to lead the change effort.

– Develop strategies for achieving that vision.

3. Create a Vision

– Create a vision to help direct the change effort.

– Develop strategies for achieving that vision.

4. Communicating the Vision

– Using every channel and vehicle of communication possible to communicate the new vision and strategies.

– The guiding coalition teaching new behaviours and leading by example.

5. Empowering others to act on the vision

– Removing obstacles to change.

– Changing systems or structures that seriously undermine the vision.

– Encouraging risk taking and non traditional ideas, activities and actions.

6. Planning for and creating short term wins

– Planning for visible performance improvement

Recognising and rewarding employees involved in these improvements.

7. Consolidating improvements and producing still more change

– Using increased credibility to change systems, structures and policies that don’t fit the vision.

– Hiring, promoting, and developing employees who can implement the vision.

– Reinvigorating the processes with new projects, themes and change agents.

8. Institutionalising new approaches

– Creating the connections between new behaviours and corporate successes. – Developing channels to ensure Leadership development and succession.





I hope it helped you!
You might be interested in
Roberts Company manufactures and sells one product. The following information pertains to each of the company’s first three year
Butoxors [25]

Answer:

Break Even Output = 60000 units [In first year of operation]

Explanation:

Break Even point is where : Profit i.e Total Revenue - Total Cost = 0 , so Total Revenue = Total Cost.

Total Revenue = Price x Quantity

Let quantity = x

So, Total Revenue = 52x  

Total Cost = Total fixed cost + total variable cost

= (22 + 14 + 5 + 3)(x) + (270000 + 210000)

= 44x + 480000

Profit = Total Revenue - Total Cost  = 0 :

→ 52x - 44x - 480000 = 0

8x = 480000

x = 480000 / 8 = 60000

x i.e Break Even Output = 60000 units [In first year of operation]

5 0
3 years ago
A firm has net working capital of $440, net fixed assets of $2,186, sales of $5,500, and current liabilities of $750. How many d
Goryan [66]

Answer:

c. $1.63

Explanation:

We have to calculate the asset turnover which is shown below:

Total asset turnover = (Sales revenue ÷ Total assets)

where,

Sales revenue = $5,500

The net working capital = Current assets - current liabilities

$440 = Current asset - $750

So, the current asset = $750 + $440

                                   = $1,190

And, the total asset equal to

= Fixed asset + current asset

= $2,186 + $1,190

= $3,376

Now the total asset turnover equal to

= $5,500 ÷ $3,376

= 1.63

4 0
4 years ago
The part of a stock's return that is systematic is a function of which of the following variables?
Shalnov [3]

Answer:

The part of a stock's return that is systematic is a function ofthe following variables:

I. Volatility in excess returns of the stock market

II. The sensitivity of the stock's returns to changes in the stock market

Explanation:

The  Volatility in excess returns of the stock market  and the  The sensitivity of the stock's returns to changes in the stock market represent the part of the stocks return that is systematic

7 0
3 years ago
Which statement about transfer batch sizes is BEST?A) Transfer batches are the same size as process batches when arriving at a b
inn [45]

Answer:

D. Transfer batches can be as small as one unit

Explanation:

4 0
3 years ago
Present and future value tables of $1 at 3% are presented below
Molodets [167]

Answer:

B. $228,122.

Explanation:

Number of quarters = 3 * 4 = 12

Quarterly interest rate = 12%/4 = 3%

From the table, the correct discounting factor for the future value (FV) = 1.42576

We then have:

FV = $160,000 * 1.42576 = $228,122

Therefore, the maturity value of the CD is $228,122.

5 0
3 years ago
Other questions:
  • An adult is swinging a small child by the arms, and the child screams and grabs his left arm. It is determined in the emergency
    10·1 answer
  • Question 3 Company AB has a market value of GH¢50 million. Company CD has a market value of GH¢200 million. CD has determined th
    10·1 answer
  • Which of the following securities is exempt from registration under the Securities Act of 1933?a. Shares of nonvoting common sto
    15·1 answer
  • A climate classification based on moisture using a water budget approach is an example of a(n)
    5·1 answer
  • 1. Explain the importance of economic growth.
    9·1 answer
  • A _____ is a business arrangement under which one party allows another to operate an enterprise using its trademark, logo, produ
    11·1 answer
  • Sheridan Company expects to purchase $230000 of materials in July and $240000 of materials in August. Three-fourths of all purch
    6·1 answer
  • an arraignment a bail hearing and a trial for a felony offense are all conducted at which Tier of a state court system
    14·1 answer
  • Which one of the following is an example of cash flows from operating activities? Multiple Choice Proceeds from collecting the p
    14·1 answer
  • Walnut has forecast sales for the next three months as follows: July 4,900 units, August 6,900 units, September 8,000 units. Wal
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!