Study Document
… how they are conversed across all levels of the firm and in what way people are obeying them. This would ultimately build an organizational culture for coping with social and political issues. The informal institutions are socially shared instructions, typically unwritten, that are formed, transferred and imposed outside … of the firm.
With the help of another research, it was deducted that informal institutions can entail criteria like corruption, political ideology, and culture (Kaufmann, Hooghiemstra & Feeney, 2018). Assumptions have been made that higher levels of corruption are related to tighter bureaucracy. Among the informal institutions, … institution for perception and expectations) that ordinary people and employees should follow them strictly. The personal observance is quite weak in this regard. culture is the set of beliefs and social norms that the person learns at an early age and sticks to them throughout life. The … respective effects on the……
References
Coelho, A. (2019). The role of informal institutions in the enforcement of rules and how to improve corporate and public governance in Brazil: Studies based on a set of corporate governance cases involving state-owned companies (Working Paper). Retrieved from SSRN website https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3434037
Dacin, M.T., Goodstein, J. & Scott, W.R. (2002). Institutional theory and institutional change: Introduction to the special research forum. Academy of Management Journal, 45(1), 45- 47. DOI: 10.2307/3069284
Escandon-Barbosa, D.M., Urbano, D., Hurtado-Ayala, A., Paramo, J.S. & Dominguez, A.Z. (2019). Formal institutions, informal institutions, and entrepreneurial activity: A comparative relationship between rural and urban areas in Colombia. Journal of Urban Management, 8(3), 458-471. https://doi.org/10.1016/j.jum.2019.06.002
Estrin, S. & Prevezer, M. (2010). The role of informal institutions in corporate governance: Brazil, Russia, India, and China compared. Asia Pacific Journal of Management, 28, 41- 67. https://doi.org/10.1007/s10490-010-9229-1
Kaufmann, W., Hooghiemstra, R. & Feeney, M.K. (2018). Formal institutions, informal institutions, and red tape: A comparative study. Public Administration, 96(2), 386-403. https://doi.org/10.1111/padm.12397
Meluch, A.L. (2016, August). Understanding the organizational and institutional origins of social support in a cancer support center. (Unpublished doctoral dissertation). Retrieved from https://etd.ohiolink.edu/!etd.send_file?accession=kent1466944822&disposition=inline
Torniainen, T.J. & Sasstamoinen, O.J. (2007). Formal and informal institutions and their hierarchy in the regulation of the forest lease in Russia. Forestry: An International Journal of Forest Research, 80(5), 489-501. https://doi.org/10.1093/forestry/cpm033
Study Document
… a discussion of hazard, financial, operational and strategic risks; 3) a SWOT analysis of Wells Fargo; 4) an examination of the relationship between organizational culture and ERM; 5) a discussion of risk in terms of current and potential profit opportunities; 6) two specific ways in which auditors can … in traditional risk management, risk is analyzed and monitored departmentally within an organization, and with ERM risk is analyzed and monitored from an organizational standpoint; all the risk factors that an organization faces are interpreted from this comprehensive macro viewpoint. In traditional risk management, the focus is … collaboration. This is one reason why silos are so damaging for organizations from an ERM perspective: they create walls and barriers, foster distinct culture, and create a spirit of contention and distrust where there should be collaboration and communication (Lundqvist, 2014).
As Kaplan and Mikes (2012) point … at the audit review……
References
Beasley, M. (2020). How to Leverage ERM Principles to Better Respond to COVID-19-Related Risks. ERM Professional Insights.
Derysh, I. (2020). Watchdog questions why Wells Fargo reported giving only one large PPP loan to a Black-owned business. Retrieved from https://www.salon.com/2020/07/22/watchdog-questions-why-wells-fargo-reported-giving-only-one-large-ppp-loan-to-a-black-owned-business/
English, C. (2020). Wells Fargo Forced to Cut Its Dividend After Fed Stress Test. Here’s What Other Banks Did. Retrieved from https://www.barrons.com/articles/wells-fargo-forced-to-cut-its-dividend-after-fed-stress-test-51593467664
Hall, J. (2007). Internal Auditing and ERM: Fitting in and Adding Value. Retrieved from https://global.theiia.org/about/about-the-iia/Public Documents/Sawyer_Award_2007.pdf
Kaplan, R. & Mikes, A. (2012). Managing risks: A new framework. Harvard Business Review, 3.
Lewis, M. (2010). The Big Short. NY: W. W. Norton.
Lundqvist, S. (2014). Abandoning Silos for Integration: Implementing Enterprise Risk Management and Risk Governance. Lund University.
Morgenson, G. (2020). More Wells Fargo customers say the bank decided to pause their mortgage payments without asking. Retrieved from https://www.nbcnews.com/business/personal-finance/more-wells-fargo-customers-say-bank-decided-pause-their-mortgage-n1234610
Study Document
Nike
Executive Summary
Nike’s decision to tap into “woke culture” and turn the out of work former NFL quarter Colin Kaepernick into a brand ambassador has been a controversial one since the sportswear … ad campaign in 2018. This paper discusses the strategic issue underlying Nike’s controversial campaign and shows how it was intended to leverage “woke culture” and gain competitive advantage in an industry that had largely stayed quiet on socio-political issues. This paper provides an external analysis, internal analysis, … situation.
Substitute Products Opportunities
· The industry is always growing in multiple directions and opportunities for substitute products grow as sports and exercise culture grows.
Substitute Products Threats
· There is no substitute for quality, as the recent debacle of Big Baller Brand has shown. Athletes want … look for any company, especially one concerned with growth prospects as is Nike in today’s risky economy.
Recommendations
Nike should……
References
About Nike. (2020). Retrieved from https://about.nike.com/
Bartash, J. (2020). Apple’s Covid-19 warning. Retrieved from https://www.marketwatch.com/story/how-much-will-covid-19-hurt-the-us-economy-its-anyones-guess-right-now-2020-02-12
Delventhal, S. (2019). Nike facing challenging dynamics. Retrieved from https://www.investopedia.com/news/nike-facing-challenging-dynamics-goldman-sachs/
Freberg, K., Graham, K., McGaughey, K., & Freberg, L. A. (2011). Who are the social media influencers? A study of public perceptions of personality. Public Relations Review, 37(1), 90-92.
Neikirk, T. (2019). Nike sales are again way up. Retrieved from https://hillreporter.com/nike-sales-are-again-way-up-following-conservative-boycott-40033
Nusser, S., Mahle, I., & Pätzmann, J. U. (2015). How Social Commerce Communication can support Brand Loyalty: An Analysis of Nike‘s Efforts in Facebook Community Management. Markenbrand, (4/2015), 48-57.
Oyedele, A. (2018). Nike surges. Retrieved from https://markets.businessinsider.com/news/stocks/nike-earnings-q4-2018-2018-6-1027328545
Storey, G. (2019). Nike and the importance of meaningful brand values. Retrieved from https://polpeo.com/nike-and-the-importance-of-meaningful-brand-values/
Study Document
… with senior executives can reveal the complexities of ethical decision making at the executive level, as personal morals frequently disconnect from the ethical culture governing the organization or the industry’s regulatory climate (Bailey & Shantz, 2018). Bandwagon fallacies—the sense that because something is normative it is ethical—predominate … officer” prove far more effective than nebulous means of approaching dilemmas and decisions (p. 39). Leadership always remains critical for the entire corporate culture, inculcating the values and norms of the organization through C-suite behavioral characteristics. Linden believes, as Hatcher (2018) does, that “an organization is only … the individual and then if necessary alerting senior leadership.
Linden believes that human resources should remain more actively involved in promoting the ethical culture of the company through more robust hiring and training practices. At the risk of overreliance on personality assessments, a human resources department can … public speakers designed to improve……
References
Bailey, C. & Shantz, A. (2018). Creating an ethically strong organization. MIT Sloan Management Review. http://ilp.mit.edu/media/news_articles/smr/2018/60101.pdf
Crossan, M., Mazutis, D. & Seijts, G. (2013). In search of virtue. Journal of Business Ethics 113(4): 567-581.
Hatcher, T. (2008). The value of values in the C-suite. In Sims, R.R. & Quatro, S.A. (Eds.) Executive Ethics. Charlotte: IAP, pp. 97-122.
Hoekstra, E., Bell, A. & Peterson, S.R. (2008). Humility in Leadership: Abandoning the Pursuit of Unattainable Perfection. In S.A. Quatro & R. R. Sims (Eds.), Executive Ethics: Ethical Dilemmas and Challenges for the C-Suite. Greenwich, CT: Information Age Publishing, pp. 79-96.
MacDougall, A.E., Bagdarasov, Z. & Buckley, M.R. (2008). Applying a primary risk management model to the C-suite. In Sims, R.R. & Quatro, S.A. (Eds.) Executive Ethics. Second Edition. Charlotte: IAP, pp. 211-234.
Martin, R. (2011). The CEO\\\\'s ethical dilemma in the era of earnings management. Strategy & Leadership 39(6): 43-47.
Schwartz, M.S. (2013). Developing and sustaining an ethical corporate culture: The core elements. Business Horizons 56(1): 39-50.
Study Document
… and these lessons apply well to managers of contracts in acquisition. They note that the code of ethics “can be used to define organizational interests ostentatiously by stipulating norms of employee ethics.” They also note, however, that codes of ethics also serve an insurance function, and often … however, that codes of ethics also serve an insurance function, and often serve as much to protect management as they do to guide organizational behavior. However, understanding the flaws in codes of ethics has a valuable purpose – to highlight areas of potential improvement, and strengthen future … faced with the pressure of real life situations. Such preparation, the authors note, is essential to “shaping the ethics and moral behaviors of organizational actors,” creating disciplined, ethical subjects.
Does the Code of Ethics Need a Clear Ethical Framework?
Because there are multiple schools of thought with … multiple schools of thought with……
References
Adelstein, J. & Clegg, S. (2016) Code of ethics: A stratified vehicle for compliance. Journal of Business Ethics. Vol. 138 (1) 53-66.
Lazeros, M. (2008) Leaders can learn from Druyun’s ethical lapses and their consequences. USAWC Research Project. Retrieved October 25, 2019 from https://apps.dtic.mil/dtic/tr/fulltext/u2/a479019.pdf
McConnnell, A. & Rood, T. (1997) Ethics in government: A survey of misuse of position for personal gain and its implications for developing acquisition strategy. Journal of Business Ethics. Vol. 16 (1997) 1107-1116.
McConnell, T. (2018). Moral dilemmas. Stanford Encyclopedia of Philosophy Retrieved October 25, 2019 from https://plato.stanford.edu/entries/moral-dilemmas/
Neu, D., Everett, J. & Rahaman, A. (2015) Preventing corruption within government procurement: Constructing the disciplined and ethical subject. Critical Perspectives on Accounting. Vol. 28 (2015) 49-61.
Study Document
… the army. Follwership is a concept that focuses more on followers and their behaviors, which create all the overt features of an organization’s culture. Followership is especially salient in military organizational behavior, military leadership, and military management because of the organizational structure and culture of the army.
Also, this article will relate the concept of followership to servant leadership, especially as it applies to the army. A … Topic sentence: Followership refers to the stance taken by subordinates in a hierarchical organization like the army.
A. Followership is built into army organizational culture.
B. With only few exceptions, all individuals in the army are subordinate to at least one other person.
C. Followership creates order and … only few exceptions, all individuals in the army are subordinate to at least one other person.
C. Followership creates order and maintains the organizational hierarchy.
IV. Topic sentence: Servant leadership and followership……
References
Citroen, L. (n.d.). What is servant leadership? military.com. Retrieved from: https://www.military.com/hiring-veterans/resources/understanding-military-servant-leadership-for-civilian-employers.html
“Followership,” (n.d.). Citadel. Retrieved from: http://www.citadel.edu/root/images/commandant/followership%20presentation%20%20recognition%20day.pdf
Jenkins, M.A. (n.d.). Compare and contrast servant leadership with followership. Retrieved from: https://get2fiu.com/compare-and-contrast-servant-leadership-and-followership-spc-jenkins/
Wesson, C. (2017). The NCO. Army University Press. Retrieved from: https://www.armyupress.army.mil/Journals/NCO-Journal/Archives/2017/March/THE-NCO-ARMY-LEADER/
Study Document
culture in Advanced Nursing Practice
Abstract
Culturally competent nurses can assess the psychological, spiritual, physiological, social, environmental, and epidemiological data on a particular cultural … proposed that cultural competency was essential to nursing, various means of incorporating cultural learning and assessment have been incorporated into advanced nursing practice. culture includes but is not limited to ethnic, linguistic, religious, and national heritage, and can also include subcultural domains, age, socioeconomic status, and political … nursing, various means of incorporating cultural learning and assessment have been incorporated into advanced nursing practice. Cultural competency is important in nursing because “culture affects people’s health and illness experiences as well as nursing care delivery,” (Wagner, 2019, p. 1). Cultural variables impact attitudes and social norms, … (Wagner, 2019, p. 1). Cultural variables impact attitudes and social norms, values, beliefs, lifestyle habits, and more. Advanced practitioners need to remember that culture refers not only to ethnicity……
References
Coats, H., Crist, J. D., Berger, A., Sternberg, E., & Rosenfeld, A. G. (2016). African American Elders’ Serious Illness Experiences. Qualitative Health Research, 27(5), 634–648. doi:10.1177/1049732315620153
“Cultural Awareness and Influences on Health: NCLEX-RN,” (2020). Registered Nursing. Retrieved from: https://www.registerednursing.org/nclex/cultural-awareness-influences-health/
Marion, L., Douglas, M., Lavin, M., Barr, N., Gazaway, S., Thomas, L., Bickford, C., (November 18, 2016) \\\\\\\\\\\\"Implementing the New ANA Standard 8: Culturally Congruent Practice\\\\\\\\\\\\" OJIN: The Online Journal of Issues in Nursing Vol. 22 No. 1.
Smith, L.S. (2018). A nurse educator\\\\\\\\\\\\'s guide to cultural competence. Nursing Made Incredibly Easy 16(2): 19-23.
Spector, R.E. (2016). Cultural diversity in health and illness. 9th Edition
Wagner, J. (2019). Cultural competency. Medicine Libre Texts. Retrieved from: https://med.libretexts.org/Bookshelves/Nursing/Book%3A_Leadership_and_Influencing_Change_in_Nursing_(Wagner)/03%3A_Diversity_in_Health_Care_Organizations/3.04%3A_Cultural_Competency
Williams, M.T., Duque, G., Wetterneck, C.T., et al. (2018). Ethnic identity and regional differences in mental health in a national sample of African American young adults. Journal of Racial and Ethnic Health Disparities 5(2018): 312-321.
Young, S., & Guo, K. L. (2016). Cultural diversity training: the necessity of cultural competence for health care providers and in nursing practice. The health care manager, 35(2), 94-102.
Study Document
…
Equity in leisure is a rather fanciful concept because it is simply unrealistic to expect that all classes, all groups of people, all culture, and all nations will view leisure in the same way. In a society that values work over leisure, people are not going to … that values work over leisure, people are not going to see this issue in the same light as people who come from a culture that values leisure more highly than work. As Hofstede (1998) shows, these differences are real. But it is not even an issue just … from the outside looking in. Leisure is different for everyone: it is not a universal.
The second point is that historical shifts in culture, economy, politics, class, and so on, have impacted the way people experience leisure. As The Economist (2014) explained, the rich used to have … radar in the same sense……
References
Codina, N., & Pestana, J. V. (2019). Time Matters Differently in Leisure Experience for Men and Women: Leisure Dedication and Time Perspective. International journal of environmental research and public health, 16(14), 2513.
The Economist. (2014). Why The Rich Now Have Less Leisure Time Than The Poor. Retrieved from https://www.businessinsider.com/why-the-rich-now-have-less-leisure-time-than-the-poor-2014-4
Goldman, M., & Rao, J. M. (2011, March). Allocative and dynamic efficiency in Nba
decision making. In In Proceedings of the MIT Sloan Sports Analytics Conference (pp. 4-5). Hofstede, G. (1998). Attitudes, values and organizational culture: Disentangling the concepts. Organization studies, 19(3), 477-493.
Hogan, D. (2017). Education and class formation:: the peculiarities of the Americans. In Cultural and economic reproduction in education (pp. 32-78). Routledge.
Study Document
… Mr. White Deer. There are multiple layers of problems in this case, but all fall under the rubric of ineffective leadership.
Leadership determines organizational culture. Mr. Smith seems amicable enough, but seems like a laissez-faire leader who lacks awareness of organizational culture and climate. He believes the old foundry workers are a “fine group of fellows” because they have been with Gordon Foundry for a … to the problem. Mr. Smith needs to improve his leadership style, and recognize that he is uniquely in charge of creating a new organizational culture. He has the legitimate authority and also the respect of the foundry workers. If Mr. Smith fails to recognize his responsibility, he risks … be predisposed to trusting one another at high levels,” (p. 1). Finding common values will help overcome the immutable differences related to language, culture, class, and age. For instance, they all value the success……
References
Myatt, M. (n.d.). Leadership and toxic work environments. N2Growth. Retrieved from https://www.n2growth.com/controlling-gossip/
Study Document
… risks, and that entails fostering an innovation and risk-taking mindset. The Cleveland Clinic appears to have had significant success in this regard. The organizational culture appears conducive to innovation – to the point where two executives were in favor of a reorganization that threatened to eliminate their jobs. … conducive to innovation – to the point where two executives were in favor of a reorganization that threatened to eliminate their jobs. This culture, combined with the large size and substantial reputation of the Cleveland Clinic, bodes well for leveraging IT has a pathway to being a … ultimately both fit in with the approaches that the Cleveland Clinic has taken in recent years. There are no obviously obstacles within the organizational culture that would negate the logic of pursuing either of these recommendations. All told, both the third and the fourth recommendations should be adopted … told, both the……
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