ii) Situational Favorableness
Another element of Fielder’s theory is ‘Situational Favorableness’. We thought that this is not as sufficient as past considering changes in organization nowadays. In terms of situational factor, Fiedler elaborated on this point with just three criteria, which are ‘Leader-Member Relation’, ‘Task structure’, and ‘Position power’. By comparing organi
and there are two key tenets: (1) They are considered luxury or premium products and (2) They have price points that fill the gap between mid-market and super premium. http://www.wikipedia.org
3. Procedures/ Primary Research
1) Demography & Brief Interview Sheet
DIST
Possession of Luxurygood
Why did you buy Luxury good?
Price of luxury good
Definition
Price and Brand Quality?
Free
International Energy company
Founded in 1972
Headquartered in Norway
20,000 Employees in worldwide
Listed on the NY and Oslo stock exchanges
The goal is reduce the risk and operate HSE
By revenue Statoil ranked
as the world’s 13th largest oil and gas company,
as the world’s 36th largest company
IBM’role
Key part : Bridge the gaps between different parts of Statoil’s
have become so as a result of experience in organizations
The essential task of management is to arrange conditions and methods
of operation so that people can achieve their own goals best by directing
their own efforts toward organizational objectives
Incentive is not proper to motivate people. Recognition, approval and
praiseworthy are more proper methods to motivate people
of the workers in direct department are working with tacit knowledge accumulated during long work experience. Therefore, the workers rely on the skills and management of upper layer workers. However, company's training ability for increasing upper worker’s expertise is not sufficient.
(2)Lack ofmotivation for participation in training
Hyundai Motor's training is not associated with the wag
of peak demand. Rolling blackouts adversely affected many businesses dependent upon a reliable supply of electricity, and inconvenienced a large number of retail consumers. This demand supply gap was further exploited by energy companies, mainly Enron. Enron traders were thus able to sell power at premium prices, sometimes up to a factor of 20x its normal peak value.
For this reason, California
4. The property analysis of present policies in the future
(1) The vocational education and training by government
1) Support the vocational education and training by government
1- Short-term adaption training program for aged labor force
This program is for people who are over 50 and want to get jobs. In this system, labor force can experience practical business, education and safety manag
2.7 Shared Values
The degree of knowing mission and vision of the organization among the employees is quite high compared to usual for-profit organizations. It comes from the fact that employees are highly motivated with personal belief or value of helping children when they enter the organization.
However, just ‘knowing’ what to do is not enough for Save the Children Korea. Employees’ u
and value of LotteWorld.
LotteWorld recruits temporary workers in large part of business sales position that contact customers directly to improve profit structure. In general, temporary employees doesn’t maintain their own job until they retire (even their retirement isn’t guaranteed.) because they always worry about firing and unfair salary, and their worries result in decline ofmotivatio
and outcome
Organization’s operation → “ Strategic differentiation “
creates programs and then raises funds
demandand competence
Evaluating members
outcomes and qualifications
rely on intrinsic rewards > promotions or monetary incentives
Just ‘knowing’ is not enough for Save the Children Korea.
Understanding of mission & vision → Motivation → Performance