Week 1 Essay ORG 433 Instructions.docx

Week 1 Essay ORG 433 Instructions.docx - In today’s...

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In today’s rapidly changing society corporations are finding themselves moving at a much faster pace in order to keep up with the constant changes that are happening. And although strong leadership is an important factor for most companies to strive, hiring people with the proper skillset for each task, along with the correct assembly and expertise is equally important. The (SBA) Small Business Association noted that 30% of start-up business fail within the first two years of operating, 50% fail within the five-year window of operation, and 66% don’t make it within the ten-year mark [CITATION INV18 \l 1033 ] . Because of this, building a solid foundation for your business is fundamental. For situations similar to this, Dr. Leavitt (1922-2007) created his own method for business retention. The Leavitt’s Diamond, also termed Leavitt’s System Model that is built on the principal that an organization has four main mechanisms: People, Task, Structure, and
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  • Fall '19
  • Management, Computer program, Small Business Association, Executive Assistant

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