MBA 765 – Reflections on Module 1 Concepts

What appears to unique about the closure stage of the organizational lifecycle?

Each of the six phases of a business lifecycle require varying leadership styles and traits to successfully maneuver them. One of the unique facets of closure is that now the business leader is no longer working to grow the business or develop it. Instead, he is focused on bowing out gracefully. This phase requires a lot of skill in people management as well as financial skills in closing out the books.

What closure stage issues appear to warrant particular attention from company leaders?

Truthful disclosure and ethical practices. Far too many Enron-esque situations in the marketplace show how devastating unethical business practices can be. A company needs to make sure that strong ethical policies are in place to address these potential issues.

What critical ethical issues need to be dealt with at this stage?

By far, truthful disclosure is the biggest issue to deal with. Companies must deliver truthful information to both it’s employees and it’s shareholders.

How might I creatively express what I have learned in the MBA program to an audience of my peers?

Doing some type of presentation comes to mind. Perhaps a luncheon type setting with a Powerpoint style show. Or maybe a television-style show or even a webcast show. These are areas where I could excel in delivering info.

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