Failure of Tyco International Ltd. Tyco International Ltd. is a diversified manufacturing and take a leak partnership, which is involved in electronic security services, fire sentry go and safety systems, electrical and electronic components, engineered products and services, and medical products (SEC, 2006, p. 3). Tycos social club grew from 1996 through and through the early 2000s with the purchase of more than 1,000 companies. In 2001 revenues subjoin to $34.04 billion. In 2002, L. Dennis Kozlowski, chief executive officer, and Mark Swartz (former Tyco CFO) were indicted on many accounts of grand larceny, securities fraud, and enterprise corruption (Funding Universe, 2012, para. 5). The motivation, personality, and the position of Kozlowski led to the cable television service failing of Tyco International Ltd. Organizational Behavior Theories Organizational fashion has a variety of theories, which include the motivation scheme, personality opening, and p lace speculation. Motivation is defined as the processes that account for an individuals intensity, direction, and persistence of effort toward attaining a goal (Robbins, 2011, p. 204). The motivation theory has a variety of theories associated with it. David McClelland developed one of the theories of motivation, which is the theory of grasp hold ofs. This theory focuses on three aims: 1) take on for achievement, 2) need for power, and 3) need for affiliation (Robbins, 2011, p. 210). Kozlowski seemed to be motivated at a youthful age by money and business. Kozlowski majored in account statement at Seton Hall, lived at home to save money, worked his way through college (Eichenwald, 2002, p. 3). Kozlowski displayed the need to achieve when he became the Chief Executive officeholder at Tyco in 1992. When he made a close to putsch other companies, he wanted it done fast(a) and complete in weeks instead of months (Eisenberg & Fonda, 2002, p. 3). Going by and by underperforming firms that were fat, ted! ious and happy, in the words of former Tyco employees,...If you want to stir a full essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment