Question

Consider which two points in the checklist are least practiced by companies today. State the two points and give examples.

Explain why you think this is a common weakness for companies.

1.         Do the top leaders believe that key stakeholder and stockholder relationship building is important to the company’s financial and bottom-line success?

2.         What percentage of the CEO’s activities is spent in building new and sustaining existing relationships with key stakeholders?

3.         Can employees identify the organization’s key stakeholders?

4.         What percentage of employee activities is spent in building productive stakeholder relationships?

5.         Do the organization’s vision, mission, and value statements identify stakeholder collaboration and service?           If so, do leaders and employees “walk the talk” of these statements?

6.         Does the corporate culture value and support         participation and open and shared decision making and collaboration across structures and functions?

7.         Does the corporate culture treat its employees fairly, openly, and      with trust and respect? Are policies employee-friendly?            Are training programs on diversity, ethics, and professional development available and used by employees?

8.         Is there collaboration and open communication across the organization? Are openness, collaboration, and innovation rewarded?

9.         Is there a defined process for employees to report complaints and illegal or unethical company practices without risking their jobs or facing retribution?

10.      Does the strategy of the company encourage or discourage stakeholder respect and fair treatment? Is the strategy oriented toward the long or short term?

11.    Does the structure of the company facilitate or hinder information sharing and shared problem solving?

12.      Are the systems aligned along a common purpose or are they separate and isolated?

13.      Do senior managers and employees know what customers want, and does the organization meet customer needs and expectations?

Answer 1

According to me the following two points are least practised by companies today

6.         Does the corporate culture value and support participation and open and shared decision making and collaboration across structures and functions?

8.         Is there collaboration and open communication across the organization? Are openness, collaboration, and innovation rewarded?

These two checklists are related to the relation between employee and top management vis-a-vis how employees are considered in an organization.Shared behavior and seriously considering what employees suggest is rarely seen in any orgnaization.They treat employee and especially lower level employee as those who should carry the order and any ideas shared by them neglected. This is a major concern for the company because ambitious employees who wants to grow with the organization leave that organization.

Another one is the opaque structure of communication. No matter how much claimed by an organization we rarely see open communication among the employee.

All these are common weakness for the company because lack of trust on employee by the company. The top management have inferiority complex towards the bottom level and upto some extent middle level employees.