Project 2- Final Situation Audit Winter 2018 MBA 610 .doc

Improvements and the capital equipment that used in

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improvements, and the capital equipment that used in the process of producing and selling its product or service, also including, the inventory that’s on hand. Physical resources can also be described as non-human, concrete, tangible physical property the organization owns or has at its disposal. (Wickoff, 2018) Page | 17
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18 Physical assets that XPO have include but are not limited to, trailers, tractors, various types of forklifts, scanners, shipping auto sorters and so much more. These physical assets are really expensive yet so vital to the success of the company. XPO Logistics Inc. XPO 1.54% is spending large amounts of money on resources coming up to $8 billion in resources. (Smith, 2017) The plans of expansion show that the company is doubling down on its business by helping retailers and other shippers fulfill online orders, not excluding managing warehouses and organizing transportation of products/goods to customer homes. (Smith, 2017) Leadership “Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal” (Kruse, 2013). At XPO the role and behavior a leader is pertinent to the success of the company. “Leadership is a process of social influence, which maximizes the efforts of others, towards the achievement of a goal” (Kruse, 2013). At XPO, the role and behavior of a leader is pertinent to the success of the company. XPO leaders possess the diverse characteristics that make a good leader. In this company, your leadership team drives and motivates the team to execute the plan and to uphold a standard that the company will be pleased with. “One of the secrets to wild success is honing your leadership vision and communicating it to others”. (Robbins, 2018). At XPO, the respect and relationship that has been developed between associates shows in the success that we have acquired through recent years. Keeping your team engaged and giving them a sense of value is a practice that XPO continues to develop, Page | 18
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19 which keeps the morale of the associates at a high level. In order to achieve this on a consistent basis, our leaders stay inspired and stay agile with everyday efforts to achieve the goal. Governance Corporate governance is the accountability of an organizations board of directors. While management running the company and oversees the operations daily, it is the directors board that “governs” the organization and corporation by managing management and gives input on behalf of the interests of the firm's shareholders (Gale, 2009). Due to XPO being a company with shareholders everything is organized and the governance of the company is a major contributor to the companies success (XPO Logistics, 2017). The policies and the processes that XPO has implemented are in a state of positive transition. With the leadership on the team, there are new ideas being implemented and have had a positive effect thus far. The process is guided accordingly, and here at XPO, they hold ourselves accountable with each decision that is made that will affect overall operations. (Leadership, 2017). Our current approach is structured
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