From the following 13 checkpoints, which two points do you t
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From the following 13 checkpoints, which two points do you think are least practiced by companies today?
Give examples and explain why you think this is a common weakness for companies.
Checkpoints
1. Do the top leaders believe that key stakeholders and stockholders relationship building is important to the company's financial and bottom-line success?
2. Can employees identify the organization's key stakeholders?
3. What percentage of the CEO's activities is spent in building new and sustaining existing relationships with key stakeholders?
4. Do senior managers and employees know what customers want, and does the organization meet customer needs and expectations?
5. Are the systems aligned along a common purpose or are thy separate and isolated?
6. Does the structure of the company facilitate or hinder information sharing and shared problem solving?
7. Does the strategy of the company encourage or discourage stakeholder respect and fair treatment? Is the strategy oriented toward the long or short term?
8. Is there a defined process for employees to report complaints and illegal or unethical company practices without risking their jobs or facing retribution?
9. Is there collaboration and open communication across the organization? Are openness, collaboration, and innovation rewarded?
10. Does the corporate culture treat its employees fairly, openly, and with trust and respect? Are policies employee-friendly? Are training programs on diversity, ethics and professional development available and used by employees?
11. Does the corporate culture value and support participation and open and shared decision making and collaboration across structures and functions
12. Do the organization's vision, mission, and value statement identify stakeholder's collaboration and service? If so, do leaders and employees 'walk the talk' of these statements?
13. What percentage of employee activities is spent in building productive stakeholder relationships?
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Solution Summary
From the following 13 checkpoints, which two points do you think are least practiced by companies today?
Give examples and explain why you think this is a common weakness for companies.
Checkpoints
1. Do the top leaders believe that key stakeholders and stockholders relationship building is important to the company's financial and bottom-line success?
2. Can employees identify the organization's key stakeholders?
3. What percentage of the CEO's activities is spent in building new and sustaining existing relationships with key stakeholders?
4. Do senior managers and employees know what customers want, and does the organization meet customer needs and expectations?
5. Are the systems aligned along a common purpose or are thy separate and isolated?
6. Does the structure of the company facilitate or hinder information sharing and shared problem solving?
7. Does the strategy of the company encourage or discourage stakeholder respect and fair treatment? Is the strategy oriented toward the long or short term?
8. Is there a defined process for employees to report complaints and illegal or unethical company practices without risking their jobs or facing retribution?
9. Is there collaboration and open communication across the organization? Are openness, collaboration, and innovation rewarded?
10. Does the corporate culture treat its employees fairly, openly, and with trust and respect? Are policies employee-friendly? Are training programs on diversity, ethics and professional development available and used by employees?
11. Does the corporate culture value and support participation and open and shared decision making and collaboration across structures and functions
12. Do the organization's vision, mission, and value statement identify stakeholder's collaboration and service? If so, do leaders and employees 'walk the talk' of these statements?
13. What percentage of employee activities is spent in building productive stakeholder relationships?
Solution Preview
Out of the list given, the two points that are practiced the least by companies today would be number three and number 13.
#3: What percentage of the CEO's activities is spent in building new and sustaining relationships with key stakeholders?
Unfortunately, in today's corporate culture, the CEO probably spends practically no time building relationships. This has ...
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