Large Technology Corporation (LTC)

Sc​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​enario

Large Technology Corporation (LTC) recently acquired the company Small Technology Company (STC). You currently work on a team of four members at LTC. But, with the acquisition, your team has expanded to 10 members. The new team members have a diverse demographic makeup as well as varying levels of professional experience, both in their careers and at the company. They are also quite diverse in their personalities and backgrounds. With the rapid growth on the team, there have been some growing pains: Several new employees have stated that they feel frustrated and demotivated by the lack of training and clarity in job roles. You and the other original employees are feeling the stress of constantly needing to train and answer questions. With the rapid changes, leadership was not able to foster cohesive team dynamics, so the diversity in personalities and backgrounds has caused a great amount of conflict among the team members. Leadership is aware that there are conflicts on the team. So, they have asked you to develop a communication plan to explain the approaches you would take to collaborate with the team members effectively and cultivate positive team dynamics. Consider the theories and technologies you used in your management plan when preparing the communication plan. To assist you in developing your plan, review the employee personas of the team. Directions Communication Plan You have been asked to create a communication plan for your team. In this plan, you will not only address how you will manage the specific team, but also how you will manage yourself as a leader. To begin, analyze the team dynamics, specifically the cultural and generational differences of the team, as well as situations that may occur with challenging employees. After analyzing the team dynamics, you will analyze your personal approach to management and how you will manage the specific team dynamics. Finally, you will develop collaboration strategies to effectively lead the team. Specifically, you mus​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​t address the following: Communication Barriers: While developing your plan, consider the impact of cultural and generational differences. Describe the different factors that may act as barriers for effective communication in the team. For example, describe implicit biases that might be at play on the team, and explain how these may impact communication on the team. Personal Approach: As part of your communication plan, explain how you will manage yourself as a leader. Specifically, show how you will use emotional intelligence principles to analyze your personal approach to management. As you describe your personal approach, be sure to address the following: Describe the approach you will take to assess your own strengths and weaknesses as a leader and your plan to continually improve these skills. Explain how you will address your own biases and use empathy when communicating with the diverse team. Explain how you will manage your emotions when working specifically with challenging team members. Collaboration Strategies: Explain your approach to developing collaboration strategies specific to the current team dynamics. Also consider how you will resolve the team conflicts and frustrations that have developed due to the new changes. As you explain your collaboration strategies, be sure to address the following: Describe how you plan to promote effective collaboration within the team, while considering the cultural and generational differences. For example, how will you ensure the communication is relevant and appropriate for all members of the team? Explain how you will create a safe, open environment that encourages feedback to build relationships within the team. For example, will you establish specific group norms? Describe the strategies you will use to facilitate effective collaboration with challenging employees. For example, you might consider how you will manage employees who prefer to work on their own schedules or those who did not get the promotion they were expecting, and so on​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​.

 

Sample Solution

As transport costs fell and exchange from Europe picked up more speed, they acquired new degrees of productivity underway and trade. Hence, they fostered a near advantage — the capacity to create labor and products in a more effective way than different nations — which set them in a very prosperous position (Allen, 56). Different nations couldn’t accomplish similar degrees of cost and productivity, and subsequently, missed out.

Allen commits an enormous piece of his book investigating why a few things worked for specific nations and for nobody else. In every district, exists a dubious equilibrium of a few factors that incorporate geology, culture, training, mechanical levels, assets and open doors — which connect with the powerful changes in the monetary climate in various ways. From this, we construe that we can’t make a difference similar monetary answers for every locale fully expecting similar outcomes.

One such illustration of strategy, is the standard model for financial development embraced by the US, under which mass training was advanced, taxes were forced to safeguard enterprises, transport was created to extend markets and a public bank was laid out to balance out cash and the stream credit. While it did ponders for the US, the outcomes were not close to as engaging in Russia, Japan and Latin America. It prompted high imbalances inside the nations and political hazards, and thus must be deserted (130).

A specific arrangement of nations — in particular, Taiwan, Japan, South Korea and Soviet Association (to a degree), are quickly finding the higher compensation, more extravagant countries. This is on the grounds that they develop every one of the components of an enormous economy at the same time — and this prompts Large Push Industrialization (Allen, 131). For example, after freedom from the Japanese system, South Korea followed the Japanese model of enormous push industrialization. There were obstructions to section for unfamiliar firms, so Korean firms needed to enhance, make and produce innovation. An enormous piece of this was likewise sent out. They put resources into weighty ventures like steel and cars, which ended up being their victories.

As per Robert Allen, the less fortunate nations should find the created world in three regions. These are schooling, capital and efficiency. Nonetheless, the smartest strategy for monetary improvement actually stays in question (147).

The extent of issues tended to in this book, is certainly more immense than in The Incomparable Disparity, created by Kenneth Pomeranz. It was one of the primary scholarly distributions that meant to answer why the Modern Transformation happened in Extraordinary England and not China (Anderson). In planning to address the extraordinary difference universally, this distribution goes above and beyond. Nonetheless, Worldwide Financial History appears to get from the center, tending to the extraordinary difference as a peculiarity that has just existed in the

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