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Marizza181 [45]
3 years ago
8

Read the Leading Innovation and Change: Best Practices Case Study and answer the following in the Lesson Forum: What elements of

Kotter's Eight Stages of Leading Change were used by the company in this Case Study
Business
1 answer:
4vir4ik [10]3 years ago
6 0

The correct answer to this open question is the following.

Although there is no further information about the case of study, we can say that the question possible refers to the case where the name of the company is just "The Client." The name of the document is "Leading Innovation Change - The Kotter Way."  

This case refers to the challenges faced by an organization when it is time to innovate. Many members want to innovate but the culture of the company or the lack of proper leadership from managers often hinders the innovation efforts of the company.

So some of the elements of Kotter's Eight Stages of Leading Change that were included in the case were the following.

Create Urgency. The creation of new products of the company was limited and was not enough to compete in the future. A sense of urgency was needed to implement innovation.

Form a Powerful coalition. The company had to be very selective about the kinds of products that could help it to successfully compete in the future. The company had to use the best it had to establish priorities.

Create a vision for change. It was critical for the company to establish a new vision to get the results it needed. A renovation of the processes to face new necessities was imperative. Change has to be part of every member's mind.

Communicate the vision. This new vision had to be shared through the entire company. The members had to understand the importance of the innovative practices and each and every one of them had to be part of this new mentality.  

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blondinia [14]

How an individual present himself is important, your attitude, existing relationships, professional role, education, skills and training, and philanthropic efforts all contribute to identifying your visibility.

<h3>What is personal brand?</h3>

Personal brand refers to how an individual promote him or herself.

It involves the expertise, experience and personality of that individual and how all this makes such individual visible to the world.

For an individual to be well known it is a product of branding.

Therefore, your attitude, existing relationships, professional role, education, skills and training, and philanthropic efforts all contribute to identifing your visibility.

Learn more on branding from

brainly.com/question/14286452

5 0
3 years ago
5. Study Question #5 Ch 7. The average person probably had never heard of the Organization of Petroleum Exporting Countries (OPE
klemol [59]

Answer:

  • Oil conservation efforts of importing countries
  • Increased oil supply by non-OPEC nations
  • A worldwide recession
3 0
3 years ago
The GDP of Germany in 2008 was roughly 3.65 trillion. How do you write this in scientific notation?
DENIUS [597]

<u>Scientific notation:</u>

To write an amount in scientific notation the amount is written as multiplication of exponent of 10. In the given case we are asked to write the GDP of Germany 3.65 trillion in Scientific notation. The GDP is given 3.65 trillion and 1 trillion = 1,000,000,000,000. So we can write it as follows:

= 3.65 * 1 trillion

= 3.65 * 1,000,000,000,000

= 3.65 * 10^12


Hence the GDP of Germany in 2008 is <u>3.65 * 10^12</u>




4 0
3 years ago
Brenda, a self-employed taxpayer, travels from Chicago to Barcelona (Spain) on business. She is gone 10 days (including 2 days o
finlep [7]

Answer:

A. $1,659

B. $910

C. $2,700

Explanation:

Calculation to determine Brenda's deduction

a. Airfare= (70% × $2,370)

Airfare=$1,659

b. Meals=[(260/2)*7

Meals=$910

c. Lodging= [540*5]

Lodging=$2,700

Therefore Brenda's deductions are :

Airfare $1,659

Meals $910

Lodging $2,700

4 0
3 years ago
Suppose that you have the option to buy the car with a 3 year car loan or lease the car during the same period of time. The 3 ye
Len [333]

Missing Question Data:

The question was missing the total amount of loan taken. I have found the question online and the missing data is added below.

Explanation:

DATA:

Car Loan = $15000

Interest Rate (annual) = 7% = 0.07

Interest Rate (monthly) = 0.07/12 = 0.00583

Loan Life = 3 years

Period (monthly) = 3*12 = 36

Investment Rate (annual) = 4% = 0.04

Investment Rate (monthly) = 0.04/12 = 0.00333

Salvage value after 3 years (PV of Salvage Value) = $5000

Lease Down Payment = $3000

Lease Monthly Payment = $350

<h3>First, we consider the option of Buying on Loan</h3>

Car Loan - Salvage Value(PV) = 15000-5000

Car Loan - Salvage Value(PV) = $10000

<h3>For the option of Leasing the Car</h3>

Sum of monthly lease payments for the total period will be,

Sum of Installments (FV) = 350 * 12 = $12600

We know that,

PV\;=\;\frac{FV}{(1\;+\;r)^{n}}\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;\;(here\;n\;=\;4\%\;=\;0.00333)

Sum of Installments (PV) = \frac{12600}{(1\;+\;0.00333)^{36}}

Sum of Installments (PV) = $11178.76

Total Lease Payment = Down Payment + Sum of Installments (PV)

Total Lease Payment = $3000 + $ 11178.76

Total Lease Payment = $14178.76

As we can see that total investment for Loan option is lower than that of Lease option, hence taking Loan is the best choice.

3 0
3 years ago
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