The empowered organization: redefining the roles and practices of finance
Financial Executives Research Foundation, 1994 - Business & Economics - 225 pages
Today, companies are downsizing not just to cut costs, but because they are redefining their boundaries. Rather than focusing primarily on external forces, such as competition, companies are looking within to define principles & values that will help them develop their own unique capabilities. In embracing new corporate values - most of which describe how people should work together - practices, attitudes & behaviors also had to change. This research report documents how nine companies in a variety of industries articulated corporate principles & values, & how their finance functions responded to the challenge of organizational change. Case study companies include: CoreStates Financial; Corning; W. L. Gore; Harley-Davidson; Geo. E. Keith; Herman Miller; Silicon Graphics, Inc.; Steelcase & Levi Strauss & Co. Excellent supplemental reading for students in business management programs. Order from: Professional Book Distributors, P.O. Box 6996, Alpharetta, GA 30239-6996. Call 1-800-680-FERF or FAX (770) 442-5114.
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A New Management Paradigm
A Model for Implementing Principles and Values
11 other sections not shown
accounting associates bank behavior believes Bill Gore business groups business units capital budgeting cash company's CoreStates CoreValues Corning corporate cost cross-functional teams cultural change David Carney dealers decisions defined develop diversity division effective employees empowered empowerment environment evaluation example FIGURE finance function finance person finance professionals financial executives goals Harley-Davidson Herman Miller hiring human resources implement important improvement individual information sharing integrity internal Interview Jim Bloem joint venture Larsen leaders leadership Levi Strauss LS&CO manufacturing marketing Max DePree Mehta ment objectives operating organization organizational learning partners partnerships percent performance performance appraisal plant pricing principles and values problems profitability relationships reports responsibility role self-managed teams senior Silicon Graphics skills Steelcase strategy suppliers team members teamwork Teerlink tion treasurer understand vice president W. L. Gore Weber