Essay - What Do You Do First Laurie Siegel Took a Series...

What do you do first

***** Siegel took a series of steps to put Tyco back on track, starting with the philosophy that she needed to put the past behind ***** company and make it a good pl*****ce ***** work, for both new and old employees. First, she hired over a hundred internal auditors to enforce the *****'s new ethics policies, ***** had all employees attend an ***** training program. To reinforce this with management, she had managers receive a more in-depth tr*****ining ***** that lower employees. She also disseminated the program to all employees and enacted disciplinary measures on those who did not follow it, to set an example.

This whip-cracking was necessary to ensure ***** employees understood that things were going to be different, but Siegel's strategies involved more than discipline. ***** retooled the internal reward systems around goals rather than bottom line numbers. She hired an IT executive to build out a company communications system, ***** better communicate corporate ideals across 100 ***** countries, and rebuilt the company health *****. Lastly, ***** placed more priority on career development, which had been ignored in ***** previous regime.

I th*****k that Siegel ***** many of the right steps. Corporate culture tends to disseminate from the top down, and in light ***** the *****tegrity deficiencies of the ***** executive, she needed to ***** ***** all traces ***** that culture ***** eradicated from the organization. New CEO Ed Breen even stated that they needed ***** go overboard on corporate governance. One area ***** could have improved this, though, was to ***** the new culture ***** ***** the top down. Siegel herself should ***** have ***** the leader of the new culture - that needed to come from the board and the new *****. Ano*****r area she could have done ***** was to place more emphasis on positivity - create more reasons to make Tyco an employer of choice ***** than to merely ***** it a more ********** place to be. She gave all ***** access ***** the company gym in Princeton, but the company is spread out over 100 countries, making the gesture meaningless in the grand scheme of things. ***** *****, for example, replacing the bonus program that put cash into the hands ***** a lot of people. She needed to replace that ***** more than a few minor gestures that impact a limited number of employees.

Five years later, any ***** she needed to do on changing the culture should be mostly finished, so the focus needs to shift towards building Tyco into a more attractive company, and start attracting talent at ***** than just ***** executive level. It can reasonably ***** assumed that the ***** lost a lot ***** good people as a result of ***** turmoil, and now the time is to build in incentive and rewards systems to attract *****p talent at all levels, and to start to ***** their talent pool ***** within.

Works Cited

Deutsch, Claudia. (2003). Taking on the Tyco Challenge. New York