Question

In: Operations Management

Discuss some of the characteristics of a “High-Performance culture”. How will you incorporate this type of...

Discuss some of the characteristics of a “High-Performance culture”. How will you incorporate this type of culture into your business plan? Discuss some aspects of your organization (in terms of its structure) that will be mandatory for your new venture to succeed. How can you create a shared vision and culture of “Teamwork and Success” (chapter 10)?

Company: "Bishrom Eyewear" a leading nepali eyewear brand. we design our products in Nepal and make them in china.

Solutions

Expert Solution

Answering the first question as per Chegg Guidelines:

1. A company is considered to have a high performing culture if the company is able to perform consistently and maintains its competitive advantage in the industry. Some of the traits of a high performing culture are as follows:

  • Flexibility: The company is quite adaptable and is ready to embrace any kind of change. The change management process of the company is quite comprehensive
  • Alignment: The company maintains alignment of all business strategies with its culture and value system. This alignment facilitates the success of any business initiative
  • Clarity: The company maintains clarity in the business goals and objectives
  • Communication: The company maintains clear communication lines across the organization. This helps in avoiding any kind of miscommunication or confusion, to deviate the team from its proceedings
  • Transparency: The company cultivates a culture of transparency. All employees have knowledge about the different processes and initiatives

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