SU Business Firms Experiencing Evolutionary Cycles Questions
Description
Please respond to the following in two separate paragraphs:
1)
- Explain why firms experience evolutionary cycles in which there is a fight between strategy and structure, punctuated with periods in which strategy and structure are reshaped. Provide examples of global firms that have experienced this pattern.
- Choose a CEO of a prominent firm that you believe exemplifies the positive aspects of strategic leadership.
- What actions does this CEO take that demonstrate effective strategic leadership?
- What are the effects of those actions on the firm’s performance?
2)
Be sure to respond to a classmate’s post below:
Hello Professor/Classmates,
Companies experience evolutionary cycles in which there is a fight between strategy and structure because people change and get older as they gain more experience. Companies that reshaped its plan and design are McDonald’s corp, which changed its menu from burgers and fries to including vegetables in their kid’s meals. Apart from producing tablets and phones, Apple is involved in philanthropic activities and social issues, treating people equally regardless of ethnicity, gender, or sexual orientation.
The CEO of my choice is Apple’s Tim Cook, who says Apple “advocates for human rights.” He also believes that education is a great equalizer and “advocates for people’s privacy” in a world that is well-equipped with technology that can be far-reaching. Emphasizing ethical practices within Apple must be noted.
Tim Cook’s action to be an effective strategic leader empowered Apple’s leadership team members to make decisions and authorized them to act and demonstrate Apple’s commitment to social-oriented issues and the broader society. Also, as a transformational leader, Tim Cook has motivated his followers to exceed expectations and strengthen their capabilities through continuous training and has communicated Apple’s vision and strategy.
The effects of these actions on Apple’s performance have made Apple Inc the most valuable company in the world at a value of two thousand eight hundred and twenty-five Billion dollars as of January 2022.
Thank you,
Rupe.
Sources:
- Strategic Management: Concepts and Cases: Competitiveness and Globalization
Michael A. Hitt; R. Duane Ireland; Robert E. Hoskisson.
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