International Managementpsychology Argumentative Essay Example
The co-CEOs can benefit from the human relations movement in their expansion plan. This movement has enabled Smucker's to achieve growth by encouraging effective communication in the upward direction and involving people at every level of decision-making. Smucker's believes in individual growth and recognizes individual ideas, leading to employee satisfaction, motivation, and high productivity. The absence of this approach could have prevented Smucker's from becoming a multinational.
However, appointing only family members as CEOs may lead to potential problems from a system approach to management. Emotions may interfere with business decisions, and individuals with different viewpoints may find it challenging to align their interests.
In reading the case, it appears that Tim Smucker believes there are limitations to being in only one category, while his brother Robert seeks various acquisitions to expand the business. This sug
...gests that the brothers have different viewpoints; Robert prioritizes monetary gain, whereas Tim considers the company's roots. When Smucker's acquired Mrs. Smith's frozen pie business, Robert likely fully supported it, while Tim had doubts. However, as siblings, making objective decisions can be difficult, resulting in emotional reactions that hinder operational efficiency. Despite this, it's possible for Smucker's executives to learn from traditional management approaches within the context of the company's five core values: quality, growth, ethics, independence, and people. It seems that executives are already following these values to continue the legacy established by their grandfather. However, as Smucker's expands it mustn't forget its hallmark quality, which is crucial for maintaining the company's renown.It is crucial for them to incorporate the Smucker's brand into various acquisitions they are making. This is because they are buying a multitude of products.
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