Novachek,Inc.is a large and bureaucratic firm with many layers of management and formal rules and regulations.The company is losing many of its customers to smaller and more flexible rivals and is currently struggling for survival.Joe has just been hired as Novachek's new CEO,and his most pressing concern is to turn around the struggling company.Joe's best approach to dealing with this type of organization is probably to:
A)eliminate nearly all of the first-line employees.
B)re-engineer the company.
C)establish a committee to investigate the problem.
D)make small,incremental improvements in the production department.

Question

Quizplus · Accepted Answer

Novachek, Inc. is a large and bureaucratic firm that has many layers of management and formal rules and regulations. This makes it difficult to respond quickly to changes in the market, and the company is losing customers to smaller and more flexible rivals. Re-engineering the company would involve rethinking its structure and processes to make it more efficient and responsive to customer needs. This would likely require significant changes to the organization's structure and culture, which may involve job cuts and other difficult decisions for the new CEO. However, if done correctly, it could help to turn the struggling company around and make it more competitive in the market. Eliminating first-line employees, establishing a committee to investigate the problem, or making small, incremental improvements in the production department are unlikely to address the root causes of the company's problems and may not lead to significant improvements in performance.