Research Paper Undergraduate 393 words

Business policy and strategy

Last reviewed: May 20, 2008 ~2 min read

Business Policy&Strategy

Organizational Leaders: David Neeleman

Founder and former Chief Executive Officer of JetBlue Airways managed to succeed in a highly competitive industry operating at an international scale. His positive outcomes were basically possible due to the organizational culture he implemented, which was focused on two primary directions. First of all, Neeleman understood the role played by the human resources and valued and encouraged their unique skills which he then used to add more value to the organization. The former CEO implemented an organizational culture centred on the fair treatment and utmost respect of their staff members. Also, he encouraged the staff to get involved in the decision making process and contribute to the corporate well-being by showing creativity. The founder also included the workers in the distribution of profits. "Earlier this year, employees were given 17% of their 2003 salaries in profit sharing" (Mount, 2007). And the strategy paid off in the form of a great loyalty to the employer, a sense of security and belonging, to finally culminate with an intense desire to increase performances and sustain JetBlue in reaching their overall goals.

But despite the implemented corporate culture, the employee at JetBlue still makes a rather low salary in comparison to other airline workers across the United States. The strategy has helped a limitation and a better control over the costs and it was subscribed by Neeleman himself, who only makes $200,000 a year in wages - quite low in comparison to other executives at international corporations.

You’re 66% through this paper. Sign up to read the full paper.

Sign Up Now — Instant Access Already a member? Log in
130,000+ paper examples AI writing assistant Citation generator Cancel anytime
Cite This Paper
PaperDue. (2008). Business policy and strategy. PaperDue. https://www.paperdue.com/essay/business-policy-amp-strategy-organizational-29709

Always verify citation format against your institution’s current style guide requirements.