Before you look to change the strategy, you take a look at the leadership team and see a concern. A positive of the team is that

Question

3 years ago

8

Before you look to change the strategy, you take a look at the leadership team and see a concern. A positive of the team is that

it is very heterogeneous with a wide variety of experience and expertise. But, you realize the limitations of the duality. The CEO, James Morgan, is also the Chairman of the Board. Mr. Morgan is a very confident man who has had success in the past. He has held his duality for several years and is known to fight changes in strategic direction.Based on the Board’s overall desire for change, should you keep the current structure or split Morgan’s duality?No dualityDuality

Business

1 answer:

Vlada [557] · Answer 1 · 2022-06-30T16:16:13+03:00

Answer:

No duality

Explanation:

Change management is a strategy that helps individual and teams prepare for organisational changes that have to be made to move the business to greater heights.

In the given scenario where James Morgan is both the CEO and the chairman of the board, he will have undue influence on major decisions in the organisation.

It is better for him to retain position of Chairman of the board and appoint another person as the CEO.

This will give fresh perspective to various issues the organisation faces, and also will provide check and balance to adverse policies that Mr. Morgan may want to introduce.