Critique Olivera's approach on leading the turnaround process because of overconfidence and unrealistic expectation.
<h3>
Critique Olivera's approach on leading the turnaround process?</h3>
Olivera's strategy for managing the turnaround process wasn't very successful. Considering his prior success as an MT, he was overconfident. He had brilliant ideas and was skilled at analyzing the issues that the organization was experiencing inside.
However, he attempted to force such concepts on the four supervisors without first seeking his approval. When he proposed new plans or a change to the way they were functioning, the supervisors resisted because they had considerably more work experience than he did. It is normal to feel in charge when someone new appears out of nowhere and criticizes how things are being done. As a result, the supervisors disapproved of this change strategy.
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what would you have done differently?</h3>
An organization's goal is frequently to improve when it decides to launch a transformation program. I would have taken a variety of other actions if I were him. I would get to know the staff members better and develop a close personal bond with them during the first few months. Planning a lunch, a supper, or an expedition will help the team bond better. After that, I would visit with each department to discuss any problems they may be having or problems they think are hurting the company's sales.
After that, I would assess whether my observations matched up with the actual issues that employees believed the company was experiencing. Instead of making all the decisions at once, I would solicit the supervisors' opinions on the issues or areas they believe may be improved before providing my own perspective. In order to bring about change, I would advise the supervisor to explore each potential option one at a time without rushing.
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The term 'invisible hand' was first used by Adam Smith in the 18th century to describe the efficiency in the autoregulation of free markets, where free means not externaly intervened by governments. Intervention distorts markets and harms the efficiency of their functioning.
The main principle behind is that, when individuals pursue their "private" efforts they are generating larger wealth for society as a whole than if their first intention was to help society. The markets will be in charge of channelizing individuals interests into socialy desirable outcomes.
Answer:
OB . It allowed their culture to breed camels and travel to visit other places.
Answer:
intangibility
Explanation:
According to my research on marketing, I can say that based on the information provided within the question this is known as the intangibility aspect of services. This describes services where there are no tangible<u><em> ( products that can be seen or touched )</em></u> product that the customer can purchase.
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