Misunderstanding The Nature Of Company Performance The...

Week 1 Assignment 2 Shelby D. Williams Mid America Christian University MGMT 3213 Professor Annette Gunter 28 Jan 2017 Abstract This paper will be based on the California Review Management study called Misunderstanding the Nature of Company Performance: The Halo Effect and Other Business Delusions by Phil Rosenzweig. The research processes that have been completed on business performances over the years, and the strengths and weaknesses of the types of data used will be discussed. The Halo Effect will be evaluated, and examples from my career will be given to help with understanding the topic at hand. I will give thoughts, ideas, and solutions I plan to adapt and work on in my career to help avoid the Halo Effect in my daily life†¦show more content†¦For this research, the companies researched were chosen based on the independent variable of outcome---success. When researching how operations and other factors affect a company s success, the testing needs to include companies with different success levels. If the data are based only on successful companies, there is not any comparison to show what the y were doing differently to make them successful. For example, all of the successful companies have an owner, but that is not what makes them successful. All companies successful or not are owned by someone. The other studies that Rosenzweig explains are 1994---Built to Last: Successful Habits of Visionary Companies and 2001---Good to Great: Why Some Companies Make the Leap...and Other Don t. These studies are considered more accurate on the basis of successful companies being compared to less successful companies, but Rosenzweig points out a separate fault within. The latter cases did extensive research, but the majority of the data came from publications and articles published by journalists. Rosenzweig uses these to introduce the Halo Effect. He explains that these studies, though they are more thorough with the samples, the data are based on highly on biased information, instead of getting the raw data from the companies. The Halo EffectShow MoreRelatedIt Management Essay6676 Words   |  27 PagesChapter 1. The Information Systems Strategy Triangle Chapter Overview This chapter presents a very simple framework, the Information Systems Strategy Triangle, which links business strategy with organizational strategy and information strategy. The chapter describes this model, and builds on several other popular strategy models and organizational models. The goal of this chapter is to make sure every student has a basic understanding of both strategy and organizations (in many managementRead MoreHbr When Your Core Business Is Dying74686 Words   |  299 PagesTOP-TEAM POLITICS†¦page 90 WHEN YOUR CORE BUSINESS IS DYING†¦page 66 Y GE SE PA IN DS CK R M WA A 53 www.hbr.org April 2007 58 What Your Leader Expects of You Larry Bossidy 66 Finding Your Next Core Business Chris Zook 78 Promise-Based Management: The Essence of Execution Donald N. Sull and Charles Spinosa 90 The Leadership Team: Complementary Strengths or Conï ¬â€šicting Agendas? Stephen A. Miles and Michael D. Watkins 100 Avoiding Integrity Land Mines Ben