Asked by Crypto Colombian on Jun 10, 2024
Verified
How can top executives facilitate cooperation?
Top Executives
Individuals who occupy the highest-ranking positions within an organization, responsible for making overarching decisions.
Cooperation
The act of working together towards a common goal or objective, often involving shared efforts or resources.
- Understand the role of top executives in facilitating cooperation within an organization.
Verified Answer
ZK
Zybrea KnightJun 11, 2024
Final Answer :
Student answers may vary. Top executives can facilitate coordination and cooperation by providing structural forms such as cross-functional teams, matrix structures, and integrator positions (e.g., product managers). Management programs can be used to encourage cooperation, such as team building activities for executives, cross-functional task forces, job rotation for executives from different subunits, and rewards based on contributions to overall firm performance. Cooperation can be increased by an inspiring vision emphasizing shared values for members of the organization, regardless of their subunit function and local objectives.
Learning Objectives
- Understand the role of top executives in facilitating cooperation within an organization.