Reference no: EM133699036
Discussion Post: Strategy Review & Evaluation
Respond to the following questions in a minimum of 50 words per question:
I. I had a Wells Fargo employee in one of my previous classes and the student explained how employees were pressured into increasing their quota of opening new accounts. That student and employee chose to leave Wells Fargo (Arnold, 2016).
What would have you done? Quit your job or hang in there, because you had to support yourself and possibly your family?
Reference
Arnold, C. (2016, October 4). Former Wells Fargo Employees Describe Toxic Sales Culture, Even At HQ. npr.
II. Also keep in mind corporate governance (Chen et al., 2023). In higher education it is called shared governance - Faculty, staff, students, board members, etc. have a say in decision making such as the strategic plan. Just like my organization, a state college, just created a new strategic plan (the previous strategic plan was too long - 20 written pages - and the college president charged the committee to create a more "realistic" one) . The committee (I am a member of) met numerous times, a retreat was held and the final draft was taken to the board for approval. It has now been printed and will be distributed in our community/business partners and it has been posted on our website.
What are your thoughts on corporate/shared governance?
Reference
Chen, J., James, M., & Bellucco-Chatham, A. (2023, October 31). Corporate Governance: Definition, Principles, Models, and Examples. Investopedia.