Penney’s company
Penney’s company
Summary
The article analyzes managerial issues in Penney’s company. The leaders in the organization have different views about management in the organization. The difference in opinion has affected the performance of the managers as they are not able to carry out their duties as expected. Mr. Johnson has been elected as a CEO to head the company. Mr. Johnson will replace Myron Mike who is the current CEO. However, the leaders in the organization and other stakeholdwers do not want to give Mr. Johnson a chance to head the organization. Mr. Johnson will not be able to head the store after taking over and also perform other responsibilities like corporate strategy and finance. The differences have also affected decision making in the company like decisions about division of labor. The managers are not able to work with other stakeholders to make ethical decisions (Holmes &Lublin, 2011).
Reaction
Some people were not informed of the division of labor in the organization like the activist I agree with the authors of the article as they show the managerial issues that are evident in most organizations. A large percentage of managers are not able to manage organizations well. This is because of conflict of interest. This is also evident in Penney’s company where the managers have conflicting interests (Holmes &Lublin, 2011).
Application
The article content is related to what I have learned in class. I have been able to learn more about managerial ethics in class. In managerial ethics, managers are supposed to make ethical decisions so as to avoid affecting the organization and other employees. They are required to determine the impact of their decision and action before acting. For instance, they should determine if their actions will have a positive impact on the company or not. The article content is related to management theories discussed in class (Holmes &Lublin, 2011)..
Holmes,E.,&Lublin,J.S.(2011,June 18).Penney’s New boss to split duties with outgoing CEO. Retrieved from http://online.wsj.com/article/SB10001424052702304453304576392041939241676.html?mod=WSJ_mgmt_LeftTopNews on 21/06/2011
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