Leaders play an important role in sustaining organization culture, but they are
powerless to change it.
Organizational goals and objectives should be vague in order to allow for changes in
strategy.
Changes in board of director configurations since 1987 indicate that board directors
were paid more in 2011, were older, were likely to be female and were independent
from the company (not insiders).
Principal-principal (PP) conflicts frequently result in expropriation, which is defined as
activities to enrich minority shareholders to assure their support.
When considering the export decision, firms should not partner with local distributors
because many foreign markets are nationally regulated.
For innovation team members to work enthusiastically on innovation projects, it is
important to separate the performance of individual team members from the
performance of the innovation itself.
APC (formerly known as the American Productivity and Quality Center) recognizes
companies for exemplary practices that increase entrepreneurship as was demonstrated
by awardee Air Products and Chemicals, Inc. who was recognized for the importance of
staffing for achieving success.
Typically, the least risky method of entry into a foreign market is through the
establishment of a wholly owned foreign subsidiary so that the parent organization can
maintain a high level of control.
The text suggests that talented professionals are typically most concerned about
financial rewards. Money is the top reason why such employees take and leave jobs.
Inappropriate reward systems seldom cause individuals at all levels throughout an
organization to commit unethical acts, since people are either unethical or ethical in
their behavior.