GB 500 Polarity Paper- Erika Davidson
GB 500 Polarity Paper- Erika Davidson
Popular in Course
verified elite notetaker
Popular in Department
This 5 page Study Guide was uploaded by Experthelper Notetaker on Friday November 6, 2015. The Study Guide belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 16 views.
Reviews for GB 500 Polarity Paper- Erika Davidson
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 11/06/15
Polarity Paper Erika Davidson GB500: Business Perspectives Professor Thomas Boam February 18, 2013 GB 500: Polarity Paper In life, as well as business, people can experience two distinct types of problems; solvable problems and unsolvable problems. Solvable problems, also known as “either/or” problems, are those problems with one definite right answer. For example, “What is 2+2?” Unsolvable problems, also known as polarities or “both/and” problems, have two or more right answers with the answers being interdependent. For example, think about the process of breathing. The process of inhaling and exhaling are actually opposing actions, however both actions are needed in order to achieve a greater purpose, living. If one of the actions is overdone and one is neglected, we would die. There is no doing one OR the other. Both actions must be done to achieve the desired result, staying alive. Polarity management is rarely discussed or taught in formal education. Problems presented in formal education must be solved by arriving at one right answer by using an either/or approach to problem solving. This approach becomes an automatic way of thinking when approaching problem solving from then on. However when using this either/or approach to solve polarities, it can make the problem worse. According to a study done by Dr. Barry Johnson “there is a significant competitive advantage for those leaders, teams, or organizations that can distinguish between a problem to solve and a polarity to manage and are effective with both” (Johnson Ph. D., 1998). This competitive advantage is why making polarity management a priority in business can prove to be essential in business success. To assist in the process of managing polarities, a six step approach has been developed. The 6-Step Process is as follows; 1. Define the Issue 2. Identify key stakeholders 3. Build a polarity map 4. Understand how polarities work 5. Assess how well this polarity is working 6. Develop a plan and early warnings to manage this polarity (Irvin, 2008) Alliance Technologies, also known as Alltec, is a newly formed microcomputer company that has recently identified their largest polarity issue as being “stability and change.” The company manufactures, sells, and distributes computer systems to consumers worldwide. Currently, the directors of Alltec are not always in agreement on planning the future of the company mostly because they are trying to solve the stability and change issue by finding one answer intended to solve the problem. However, stability and change must both occur in a business to be successful so these issues need to be managed as opposed to solved. The company must learn to balance these two issues in order to gain a competitive advantage in the market. At the present time, Alltec has opened a sales office in North America and a manufacturing plant in Tokyo. The company has the choice of opening additional sales offices in three additional locations worldwide; South America, Europe and Asia. By opening additional sales office in South America, Europe or Asia, the sales potential could be expanded greatly. With Alltec being a new company there is the fear of taking on too much risk too fast since establishing additional offices would not only require the purchase of an office space but staffing and increased shipping and manufacturing costs. Alltec produces two model computers, the Alltec Light and the Alltec Force, each designed to target specific consumer markets. However, only two of the three identified consumer markets are being target by the company at this time. There is an additional market with different consumer needs that Alltec has not entered into as of now. As previously mentioned, since the company is newly operational they are facing the dilemma of having to make conservative decisions to remain stable versus introducing change to help the company expand and enter new markets. Fortunately, polarity mapping can be used to assist Alltec in fully understanding their stability and change dilemma, as well as developing a plan to manage it. Competitive Advantage Business goals are met by: Business interests are met by: Having certainty in cash flows Ability to capture a new market Be innovative Avoiding unnecessary risk Allow opportunity for growth Building on current momentum and learning Based by utilizing consumer and/orlltec directors can develop a plan to manage both, market loyalty changing to better the company in the future and keeping some stability or not trying to “fix a wheel thatStabilityoken.” The directors must remember to not take on Changech risk too quickly so that they do not neglect their already established customer base however they must continue to Business interests are neglected by: Business goals are neglected by: grow and evNeglecting the long termanging needs o tTaking on foolish riskract or expand in to Can lose focus and create new markets. The directors need to establish long term goals and then implement plans to prospects and/or challenges chaos accomplish those long term goals one at a time. By only focusing on one at a time, it will keep the Can become boring and and consumer base company from getting to chaotic as well allow them to continue to do what they are already doing outdated well. Can’t Compete References: Irvin, C. (2008, October). Why managing polarities is key to advancing diversity and inclusion. Retrieved from http://mypowersurge.com/documents/articleDiversityandInclusion.pdf Johnson Ph. D., B. (1998). Polarity management: a summary introduction. In Retrieved from http://daveatwood.com/uploads/2/8/4/4/2844368/polarity_management_- _summary.pdf Johnson, B., Jacobs, J., & Depol, L. (2011, October).Polarities are everywhere: how do you measure, monitor and improve how you manage them?. Retrieved from http://c.ymcdn.com/sites/www.odnetwork.org/resource/resmgr/2011_conf_ppt s/c2_polarities_are_everywhere.pdf Miller, J. (2008, March 07). Polarity management: Handling "unsolvable" problems. Retrieved from http://www.cbsnews.com/8301-505125_162- 31040145/polarity-management-handling-unsolvable-problems/
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'