Social influences are also bound to have a certain impact, again, at a subjective level. One might be turned down because his social status may not go hand in hand with the non-profit component.
4. What dimensions or characteristics of an organization culture might promote ethical and fair practices within the organization?
According to the article we are referring to, investment banks are always a place of rumors and inner struggles, even if Morgan Stanley has seemed to pull it off more than others at this point. The first cause of scandal was related to constant inner fights between some of the top executives. Further more, some of the retired influential persons have entered the stage demanding Purcell's renouncing his CEO position. The problem with Purcell here is that the company is obviously underperforming. In my opinion, the first recommendation that he should receive would be to pull the act together and find the appropriate means by which Morgan Stanley can be saved. The figures are indeed terrible in the last couple of years and a consulting team, perhaps from outside the company, should analyze what the direct causes for these results were.
In my opinion, even if the 'dinosaurs' would not admitted it, it is always a question about money. In this case, certainly, it also takes the face of the underperformance of the franchise they had worked for decades. Nevertheless, if Purcell would be able to put it back on track, then there would be no reason for further comments.
As for a fair and ethical culture, it is all about the corporate culture and about the factors defining that culture. The factors are not necessarily the managers, but also the employees, the people working and producing results for the organization.
5. The problem GM is facing is a problem that sometimes has repercussions...
Social responsibility within a company is something that should probably be regulated by the contracts each employee has signed. In my opinion, unless stipulated in the contract, it is the state that needs to take care of its citizens rather than each company in part. It isn't really fair because the company is actually paying for the services the employee has provided during his lifetime and does not need to pay even further. In cases like GM, we are in the improbable, yet true situation where the CEO needs to worry more about pensions and healthcare schemes rather than about the actual activity of the company.
So it is strange that deciding on what GM should do to be able to save its company has so little to do with the actual management of the company, in terms of production, marketing, sales, etc., but more to do with settling a financial situation where social responsibility plays an important part. As an opinion, I would suggest growing the company and its revenues, while handling the health care problem on the other side.
6. 1) Emphasize the convenience-store aspect and role for Walgreens, as well as its accessibility advantage.
2) Diversification. Each store can be adapted to the local habits, traditions, etc.
3) Increase and emphasize the distribution network, including the mail-orders and the store prescriptions.
4) Remain quality-competitive, in the absence of the company's ability to remain price-competitive. This refers to the quality of the service provided as well.
5) Open up and develop new market segments.
6) Increase the number of drugstores.
On the Internet at http://www.google.ro/search?hl=ro&lr=&oi=defmore&q=define:organization
