Diversity Copied To A Xerox Moment This case analysis is about a company that has a momentous style like no other and has been ranked by Fortune magazine as the “world’s most admired company in the computer industry” (Schermerhorn, J., Hunt, J.R., Osborn, R.N., Uhl-Bein, M., 2012). Xerox’s welcoming attitude towards diversity makes it all possible. Work force diversity is a mixture of individuals within a workforce who are considered to be, in some way, different from the majority. Xerox’s winning management continues to succeed because they continue to diversify with the new, the now, and the tomorrow before other management teams even know what it is. According to research done at Berkley University, businesses that…
Does Diversity Equal the Success of Xerox? Xerox is a Fortune 500 company with a reported annual revenue of $22 Billion. They are one of the most admired companies with the world’s largest technology and Service Company in the computer world which specializes in document management. Along with technology and service the company expresses diversity as equal success. According to Schermerhorn, Osborne, Uhl-Bien, and Hunt (2012), Anne Mulcahy, Xerox Chairman and former CEO states, “Diversity is…
religion are also discriminated upon. Even in a century where we have an African American president, there is still racial bias in the workforce. Studies show that a hiring manager is more likely to hire someone with a white sounding name like “Jake” than someone with a name like “DeShawn.” According to thinkprogress.com, 1.2 percent of CEOs are black and 1.6 percent are Latino or Asian (Covert, 2014). If you look up diversity on Merriam-Webster’s website, Xerox will appear in the examples of…
nosedive, bankruptcy was looming, and they were being investigated by the Securities and Exchange Commission (SEC) over questionable accounting practices. (Bryant, 2010) While Anne Mulcahy, the newly-minted CEO, was focusing on shedding unprofitable divisions…
ensure efficiency and effectiveness. In line with this, there are principles that can be used in such an organizational structure. These principles include job specialization (Altman 2013). In this case, management of an organization is charged with ensuring that they divide their jobs into a simple, routine and fixed category based on competence and functional specialization. In the case of Xerox, Mulcahy was able to implement this by ensuring managers, employees and customers played their…
Ursula M. Burns serves as Chairwoman and CEO of Xerox. As such, she is the first African-American woman CEO to head a Fortune 500 company. She is also the first woman to succeed another woman as head of a Fortune 500 company, having succeeded Anne Mulcahy as CEO of Xerox. In 2014, Forbes rated her the 22nd most powerful woman in the world. Burns is also a lifetime Xerox employee who has been with the company for over 30 years. She began as a graduate intern and was hired full time after…
of the time, are motivational to managers (or business owners) and employees, as reach (or achieve) objectives provides a sense of accomplishment. According to business plan writer, Andrei Smith, when the objectives are easy to write the strategy business plan is on the right track. Now it is possibile to talk specifically about MBO (Management by objectives) but also known as MBR (Management by results). This term was introduced for the first time by Peter Druckers book “Practice of…
profitable throughout the 60’s and early 70’s until they anti-trust suit by the US government, which led to its shares declining tremendously as they were forced to license its patents to competitors who consisted of mainly Japanese companies thus a decline in market share. The company improved its profits and market share by introducing new product lines such as the electric memory typewriter, digital photocopiers, fax machines and printers, and acquisition of Crum & Forster an insurance…
working for around fifteen to twenty years would have a lot of additional duties that have been added but are not necessarily written down on the initial employment contract or the job specification. Another reason why psychological contracts are important and to be taken seriously is that people are becoming more and more important as a source of competitive advantage for organisations. Employees are increasingly being recognised as the key business driver, and employers have to know what…
transformational leadership model is inspirational motivation. In this component the leader will guide the employee’s with a since of meaning, but will also have challenges for them. Branson is one that will treat people as human beings and says that it is important to do so especially when companies get bigger, when Branson or any leader, manager, or owner begins to feel they have made lots of money, they feel comfortable, they don’t need anyone’s help, that’s when their company or…