Innovative Leadership and Culture Matrix and Paper Research

Innovative Leadership and Culture Matrix and - Research Paper Example The matrix diagram provides a relationship diagram of Dell and HP organizational leadership and culture with regard to the four frames model. Lastly, an explanation is provided for the significance of comparing Dell and HP using the selected dimensions with regard to innovative leadership and culture for those organizations. Dell’s Innovative Leadership According to Jones (2007), Michael Dell of Dell Computer, â€Å"adopted a very different approach to managing his company. Dell developed a participative management approach, involved employees in decision-making, and fostered a spirit of comradeship and cooperation among team members to encourage top performance. His management style engendered intense loyalty from his employees, who liked his hands-on approach, and his close attention to managing his company† (p.10). The author noted that â€Å"Michael Dell was careful to watch the teams’ progress closely. When a project seemed not to be working out or was cost ing too much, he would quickly end it and transfer engineers to other projects† (p.10). ... all development promotes individuals from within, creates organizational alignment, develops core capabilities and managerial effectiveness (Jones, 2007). Dell ‘s Culture Change Dell Corporation had experienced a decline in growth in late 2000. The company began to focus on redesigning its culture in a way that would emphasize new values, new rituals and traditions, a new entrepreneurial spirit, and a willingness to invest substantially in improving the knowledge and skills exhibited by workers (How Dell got a soul, 2004). As a result, of this organizational cultural change process, Dell began to experience dramatic improvements in employee satisfaction and worker retention, leading to greater productivity and performance improvements (How Dell got a soul, 2004). Jones (2007), stated, â€Å"Dell’s new innovative organizing approach fosters a different kind of company cultu re† (p.10). This kind of organizational culture provides a work climate where people cooperate to improve their performance. Career management programs also enhance the company’s ability to retain and develop Dell Team members (Jones, 2007). Dell (2012), noted â€Å"people are its most important asset. From a focus on growth and domestic market dominance to one of leadership, talent management, and a global outlook, Michael Dell has created a â€Å"Winning Culture† that includes promoting best practices among its global workforce. HP’s Innovative Leadership According to Quinn and Poletti (2006), HP began to experience a leadership crisis after having grown at a rate of 18 percent a year for 60 years under the leadership of Bill Hewlett and Dave Packard and their record of innovative product development.

Economic policy in the USA Essay Example | Topics and Well Written Essays - 500 words

Economic policy in the USA - Essay Example United States applied Keynesian approach that supports fiscal policy as the best measure to boost socio-economic growth. Fiscal policy is important in managing economy within the projections of the government (Cohen 67). United States has over time used fiscal policy at national level as the best way to enhance expansionary economic policy. For instance, increased taxation has given the country revenue to fund various sectors and more importantly initiate economic stimulus programme. Such programmes help in creating more jobs which constitute expansionary measures hence boosting the overall national income per capita. The changing socio-economic and political structure of the contemporary society has initiated free-market economy. In this regard, United States uses monetary policy through its reserve bank to regulate inflation and hence boosts its global competitiveness in trade. The theoretical tenet behind monetary policy is the free interaction of forces of demand and supply (Cohe n 120). It is also the basis of capitalism which has seen United States remain consistent in terms of global economic performance ranking. The monetary policy has also been critical to the United States considering the use of its currency as the standard of measure. This means consideration of its foreign policy on trade which depends on the strength of its currency in global market. Fiscal policy remains in force within United States towards welfare of the citizens and particularly towards provision of education and healthcare.