Saturday, December 28, 2019
The Management Style Of Zappos - 917 Words
Organizations around the globe must consider the management style that works best for their organization. This includes organizations in the private sector as well as the public sector. Many factors are considered as an organization chooses its management style. Holacracy, the management style discussed in this paper, is a unique style that organizations can consider. In researching this, there was numerous organizations that chose to implement this management style. One of the larger organizations to implement holacracy management style is Zappos. Zappos is an online retail company owned by Amazon that employed 1,503 employees at the time of holacracy implementation, (Feloni, 2015). The CEO, Tony Hsieh was the catalyst for thisâ⬠¦show more contentâ⬠¦(Silverman, 2015). Mr. Hsieh believes it could take up to five years to complete the transition. An interesting note, the ââ¬Å"Downtown Project, a $350 million Las Vegas urban-renewal project backed by Mr. Hsieh, dropped most a spects of Holacracy last year after training dozens of employees. It was a distraction amid the project s struggles, including a round of layoffs, employees sayâ⬠, (Silverman, 2015) The training component Zappos implemented for the transition to holacracy consisted of a three-day training session for staff to learn how they move from titles to roles and responsibilities. The training was helpful in that it explained meeting structures that set out the tasks that each employee would be responsible for and what role they play within the company. Even with the training some employees still came out confused and not clear on their roles. With the fact that some still struggled to understand their roles and responsibility it was difficult for them to understand what they were accountable for. Those that could understand their roles and responsibilities had a clearer understanding of what they were accountable for. Many of the ââ¬Å"day-to-day routines were thrown into doubtâ⬠, and added to the confusion, even after hours of training, (Silverman, 2015). This doubt lead to poor decision making, deadlines not being met and no clear picture of who should come in and address the shortcomings. Mr. Hsieh was not discouraged with the progress ofShow MoreRelatedTop Qualities That Make A Great Leader1364 Words à |à 6 Pages and Tony Hsieh, CEO of Zappos, is no exception, although he particularly excels at ââ¬Å"commitmentâ⬠and ââ¬Å"inspire.â⬠Zappos has made multiple appearances on ââ¬Å"Best Places to Workâ⬠lists and is famous for its unique culture. Hsieh says that company culture is his primary focus as CEO, and he only hires those who fit into the culture. Hsieh is so committed to creating positive culture that Zappos offers new hires $2000 to leave after orientation if they do not feel like Zappos is for them (Reiss, 2010)Read MoreZappos : A Unique Culture1194 Words à |à 5 PagesZappos was founded by Nick Swinmurn in 1999. The co mpany was originally called ShoeSite. Later in 1999, Swinmurn recruited Tony Hseih and Alfred Lin as investors in the company. The companyââ¬â¢s name was later changed to Zappos, and Tony Hseih became co-CEO with Nick Swinmurm.[1] The goal of Zappos was to meet the demands of customers by offering great selections in sizes, brands and colors. In meeting the demands of its customers by ensuring that all aspects of the company, including culture, customerRead MoreZappos Leadership Style1550 Words à |à 7 PagesAssignment 3 Part 1: Leadership Style: How Are Leaders Leading in the 21st Century BUS520- Leadership and Organizational Behavior December 03, 2014 Introduction Everyone loves a good pair of shoes! 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He searched on the internet and still could not find any site that carried the shoe in stock. So in 1999, with anything being possibleRead MoreCustomer Service Representatives1622 Words à |à 7 PagesZappos Case Study Executive Summary This case study analysis is based on the 2009 case study from Stanford Graduate School of Business titled Zappos.com: Developing a supply chain to deliver WOW! It begins with the general overview of the background, philosophies and current problems faced by Zappos. This is followed by a hierarchal ranking of the four major presenting problems for the company, which are: maintaining the ââ¬Å"wowâ⬠image without overspending, inventory management/distribution problemsRead MoreDifference Between Classical And Classical Management Essay1561 Words à |à 7 Pages ââ¬Å"Management is defined as the pursuit of organizational goals efficiently and effectively.â⬠(Kinicki). 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Throughout the years Zappos increased its customer base tremendously although it experienced some obstaclesRead MoreThe American Workforce Today : The New Age Of Innovation And Technology Essay1217 Words à |à 5 Pagesgreat advancement of societies around the world. This system of management has provided structure for great opportunity, but with technology advancing faster every day in a modern world hungry for innovation and efficiency, a change might be something worth considering. In todayââ¬â¢s modern world, the Internet and big data systems are becoming increasingly popular and complex. It is now essential that organizations adapt their management structures to thrive in this new age of innovation and technology
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