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Flagstar Bank's organizational culture emphasizes collaboration, integrity, and a customer-centric approach. The company fosters an inclusive environment that values diversity and encourages innovation among its employees. Additionally, Flagstar prioritizes community engagement and social responsibility, reflecting its commitment to making a positive impact. Overall, the culture promotes professional growth while maintaining a focus on delivering quality service to clients.

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2d ago

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Describe the organizational architecture a transnational firm might adopt to reduce the cost of control?

A transnational, like all multinational firms, can use bureaucratic and output controls to some extent. However, the use of output controls is limited due to performance ambiguities. Bureaucratic controls are less effective when there are multiple lines of responsibility. Incentives for cooperation are one way to address this challenging issue. Another is the development of a strong culture. This culture could encourage cooperation by encouraging managers to buy into norms and value systems related to high performance. Such a culture could also give managers from interdependent sub-units an incentive to look for ways to work out any problems that might arise between them. A strong, success-oriented culture would lead to lower control costs.


Is a culture with many immigrants likely to borrow from another culture?

Yes they would borrow because they might have something we don't.


Which of the following reasons for writing a formal business document would lead to a proposal?

A to describe what task you completed during the week B to convince your manager to use a new meetings organizational tool C to tell your manager a project is on budget and on schedule D to summarize what happened during a meeting


How would you ensure smooth operations for your organization?

To ensure smooth operations for my organization, I would implement clear communication channels to facilitate collaboration across teams and departments. Regular training and development programs would be established to enhance employee skills and adaptability to changes. Additionally, I would leverage data analytics to monitor performance metrics and identify areas for improvement, ensuring proactive decision-making. Lastly, fostering a positive organizational culture that encourages feedback and innovation would help maintain high morale and operational efficiency.


Importance of management in present day world?

Management is important because employees need direction. Without management, no one would work together to achieve organizational goals and the company would make a profit.

Related Questions

How would you describe today's culture?

I would describe it using, selfish, greed, and other words


How would you describe today's American culture?

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How would describe police culture?

brutal in numbers.weak individually


How would you describe culture?

culture blending is when different cultures come together and use each others culture ideas.


How would you describe culture blending?

culture blending is when different cultures come together and use each others culture ideas.


Describe the flapper culture of the 1920s?

It was a culture were the women would dress up In dresses and have short boy cut hair.


Describe How each of the following terms relates to culture and society in the thirteen colonies?

Sure! Please provide the specific terms you would like me to describe in relation to culture and society in the thirteen colonies.


How organisational culture improves organistional performance?

Sociotechnical systems theory and quantitative research suggests an important relationship between organizational culture and business performance. The important factor is an alignmentbetween the organizational culture and technical systems (the way the work is done).Where there is a lack of alignment, project cancellation is likely. Where alignment is present, project completion is likely. Cultural alignment, however, is not sufficient to ensure success, as technical systems factors influenced project performance. Having the most appropriate organizational culture is helpful, but you must still do the work effectively to achieve organizational performance.The literature suggests disagreement with regard to the nature of the relationship between organizational culture and business performance. The strong performance perspective suggests that business success drives changes to the organizational culture. Alternate theories suggest that a strong organizational culture drives business success.Quantitative studies identified a strong correlation between organizational culture and business performance. The correlation suggested a relationship between variables but does not establish which causes the other to change. An analogy of this dilemma is that statistical analysis may indicate that shark bites are strongly correlated to air temperature, but the cause of increased shark bites may not be air temperature, but rather that more swimmers go in the water in higher temperatures.Organizational culture establishes the way things are done in an organization. Typically those strategies that have worked in the past are repeated. Successes are celebrated in the myths and stories of the organization reinforcing their apparent correctness. In this way organizational culture can drive organizational performance by ensuring that successful strategies are repeated.Organizational culture can also be a barrier to change when environmental factors require new strategies. In some instances, previous strategies are no longer relevant, or even harmful. Organizational culture would drive members to continue doing things in the same old ways, rather then encouraging members to adapt new behaviors.To achieve optimal organizational performance, and organization has to focus both on the organizational culture, and the technical systems that define the way work is done. You have to optimize why the work is done in a certain way (organizational culture) and how the work is done (technical systems).


Describe how you would use the skill of pass to coach your team?

developing positive team culture


What would be used to describe a constantly changing culture?

A constantly changing culture could be described as dynamic, evolving, or fluid. It may also be characterized as adaptive or progressive.


How would you describe Italy in one sentence?

Interesting culture and absolutely beautiful scenery with lots of history.


How does cultural affect people in the organization?

Cultural ideas affect people in an organization by causing them to choose organizational options that are related to their culture. For example, in a culture where men are dominant, the organization would most likely be organized by men.