LDR 531 Week 3 Assignment - Addressing the Challenges of Groups and Teams Paper
LDR 531 Week 3 Assignment - Addressing the Challenges of Groups and Teams Paper
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Date Created: 11/16/15
Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 1 Addressing the Challenges of Groups and Teams Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 2 Addressing the Challenges of Groups and Teams Daewoo emerged as a company that is dedicated to trading and investment it s a huge multibillion Dollar company that is accountable for Asia s major economic deception humiliation Cho Minho and Patton 2000 They confront distinctive to the Daewoo s letdown is because of fraud dishonesty financial negligence employee frustration as well as chaos as of universal expansion Ihlwan 2001 The report is targeted on concentration of exceptional challenges and recommends a sketch that would have facilitated as a whole corporation as a substitute of failure Once Daewoo established their dealings in the international marketplace cause troubles commencing swift modification methods Robbins amp Judge 2007 The South Korean regime had by no means started to such a spacious scale international trade endeavor and there were disagreement from severe authorization from the North American Free Trade Agreement and the European Economic Community Cho Minho et al 2000 Robbins amp Judge 2007 illustrated how intellectual hurdles can encumber communication Western humanities exercises lowcontext traditions relying profoundly on vocal communication Robbins amp Judge 2007 These sort of situations have caused inconsistency if Daewoo s emigrants did not become accustomed their communication or association mode otherwise be attentive and aware about spoken in addition to non verbal understandings Moreover the South Korean government had been extra mutual by means of following ie buying and selling practices that are set by the North American Free Trade Agreement and the European Economic Community because Daewoo may not have Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 3 decreased beneath such passionate inspection According to Mintzberg et a1 2003 teamwork or cooperation is the worth of the prospect coalitions are the configuration of the upcoming within joint ventures JV condition administration is reluctant or else powerless to regulate the intentions information management efforts may be unsuccessful The term joint venture is a broad term that is defined as Contractual conformity amalgamation mutually two or more gatherings for the intention of accomplishing a exacting production task All parties have the same opinion to contribute to the profits and losses of the venture So if a company rejects to works together or else expands awareness and information from joint ventures and be taught from the additional colleague therefore a collapse in communication is still predictable Mintzberg et al 2003 Daewoo s cooperative expansion and development was very quick as well as its board members would have very little instance to acquire information regarding their overseas followers and they have no concern about them consequently it is verified that Daewoo s operation was to entirely based upon acquiring resources with in limited time and even they don t care what others think about them Cho Minho et al 2000 According to well known people named Mintzberg Lampel Quinn and Ghoshal 2003 organizations actually work in partnerships because of acquiring knowledge in favor of departure intended for leveraging meant for connecting in support of jumping and last but not the least for security device out means competition There was a slight possibility to achieve something as a corporation and it would be only possible if the organization pay special attention to teamwork or alliance in making success in Daewoo s joint Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 4 ventures After a lot of emphasizing on joint ventures finally Daewoo Company made a conversation on making a guidance plan to enhance the success of communication cooperation along the teamwork and resolving methods that cause discrepancies furthermore the company devised approaches that Daewoo if started to initiate will definitely progress their joint venture collaboration These approaches are setting up random methods regarding decision making affirming the precautionary measures for solving troubles with in time frames making easier for people to correspond its very important to listen others what actually they want Subsequently delighting teamwork or collaboration as an 11 individual assurance and finally you must enjoy yourself and have fun on what you have accomplished It was observed that Daewoo s workforce was very much frustrated and disappointed within the organization which creates clash and quarrel among the in uential and supporters Cho Minho et al 2000 It was also observed that the workers worked for many hours and their wages were very less therefore they protested the company and therefore the company s moral led down and losses were incurred in the company Another bad luck related to the corporation was that Daewoo s administration don t even taken the notice about the situation as well as financial sufferings which were the results of lockout and strikes of the workers Cho Minho et al 2000 As a result of which a vulgar negligence of argument was increased and not resolved According to Robbins amp Judge 2007 for a successful organization the best possible solution is to find out the adequate approach to find solution of the divergence Whenever we tackle a clash scenario most of the people want to be successful at any cost a few of them want to Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 5 discover the most favorable situation several people not at all confront the situation and escape from that particular instant but there are still a lot of people that considerate and cooperate and still want to resolve the issue also called split the difference Robbins amp Judge 2007 Finally a training sketch was made that helps in progress and development of con icts or quarrel solution Daewoo integrated many tactics to get rid of the clashes and con icts among the workforce these are based on some facts that are try to resolve the clash as early as possible and never permit it to worsen then find out what to do if there is no settlement among the parties then judge what are the problems or what are their demands check if any sort of negotiation or finding the middle path and then solve the situation afterwards formalizing the harmony and arrange a conference where the members can discuss their problems or troubles in a peaceful way instead they may utilize arbitration technique among the members The most terrible act which the company can even perform is to avoid quarrel which is termed as avoidance Robbins amp Judge 2007 Avoidance or escaping raised annoyance or irritation and can create dysfunctional outcome Robbins amp Judge 2007 In Daewoo s scenario the dysfunctional conclusion was the breakdown of the corporation An additional confront that can be originated in Daewoo s organizational arrangement is at the same time it seems that Daewoo is an industrialist association so there was a collapse in the straight equivalence of productivity because of intense Government involvement and creating a more prearranged associationMintzberg Lampel et al 2003 Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 6 While an organization or company has no control to take over thumbs down to leading method of cooperation no constant appearance of centralization as well as decentralization it may also face complexity and irritability in solving these quarrels surrounded by the central position moreover this structure of the organization is termed as biased or political which adequately incurred Mintzberg Lampel et al 2003 This leads to position or target a state that creates variation in the management or leadership styles it really creates a misunderstanding as to whom to respond and on contradictory outlook on what are the ways that must be followed by the company to function properly According to Robbins amp Judge 2007 if the uncertainty is larger in accurately depicting wherever accountability that are meant for the procedures exists there must be superior probability for discrepancy arises This sort of jurisdictional doubt ness can enhance combating and hostility among the groups that are designed for organizing funds along with the region Therefore it is recommended to alter or modify the overall organizational structure to overcome the obstacles that causes hindrances Robbins amp Judge 2007 There are opportunities for accomplishment of Daewoo Company considerably only if the Korean Government has been less dominant in the Daewoo s business The success factor on behalf of Daewoo s preliminary victory as well as the critical breakdown was actually the company s originator named Kim Woo Choong who escort the company into enormous liability and a large number of people get unemployed and there was no joint venture who took any sort of notice Cho Minho et al 2000 In the late 1009s Daewoo Company was being sold and General Motors take the control and bought the company and restructure the existing company although General Motors than realized Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS 7 that its not possible to rebuilt or renovate the company therefore they remain away from the agreement Breaking up Daewoo 1999 Finally it was realized that if the conditions that were discussed in this report were properly taken into action then there must be the possibility to restructure it however the organization can t be settled again as unfortunately the company was under the desperate leadership as well as guidance of Kim Woo Choong because of the reason it leads to the failure or stoppage of Daewoo company Running head ADDRESSING THE CHALLENGES OF GROUPS AND TEAMS References Breaking up Daewoo 1999 August 19 The Economist business section RetrievedFebruary 3 2009 from WWWeconomistcomezproxyapollolibrarycombusinessdisplaystorycfm storyidE1NPPVGNtop Cho M and Patton M quotDaewoo Adds Luster to the Pearl of Southeast Asiaquot Cornell Hotel amp Restaurant Administration Quarterly 413 June 2000 32 General OneFile Retrieved on February 3 2009 from Gale Apollo Library lthttpfindgalegroupcomipsstartdoprodIdIPSgt Ihlwan M 2001 February 19 Kim39s Fall from Grace at Daewoo Inside the Korean conglomerate39s fraud scandal Business Week Retrieved February 3 2009 from WWWbusinessweekcom20010108b37201 10htm Mintzberg H Lampel J Quinn J B amp Ghoshal S 2003 The strategy process Concepts contexts cases 4th ed Upper Saddle River NJ Prentice Hall Robbins S P amp Judge T A 2007 Organizational behavior 12th ed Upper Saddle River NJ Pearson Education University of Phoenix 2009 Team 2009 February 13 Week two team posts Posted to University of Phoenix class forum LDR531 Organizational Leadership course Web site Yukl G 2006 Leadership in organizations 6th ed Upper Saddle River NJ Pearson Education http WWW investorwords com 267 1 j ointventurehtmlixzz 1 3Ufaavuv 8
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