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Turning Around A Failing Organization - Assignment Example

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Corporate funding is one element that I would pay most attention to, the reason being the fact that it has the best chance of bringing in success for the sake of the organization in the strategic perspectives. I would ask the top management to give me a free hand with this point so that success could be achieved within these ranks. The old organizational structure needs to be turned around so that the new structure gets its shape in an amicable way. This can only be done through taking extreme steps like bringing employees in close contact with one another as well as allowing them the right to have their own agendas that can be shared across the board (Marks 2003). This would make their lives easier as well as allow them to be a part of the strategic vision which would inculcate success at the expanse of the employees’ respect and dignity. I would also check to see whether the decentralized working mechanisms are bringing in the much touted for vision completion or not. If this is not taking place, I will think of going on the centralized approach which shall bear rich fruit for the organization from a strategic standpoint.

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Summary

This research tells that turning things around in a failing organization is indeed a Herculean task and since I have been assigned the task of doing the same, I believe I would initially order for the outdated product lines to be changed at the earliest…
Turning Around A Failing Organization
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