A leader may have: Reward Power: Specific power comes when a person thinks that
ID: 435634 • Letter: A
Question
A leader may have:
Reward Power: Specific power comes when a person thinks that he is able to compensate another person for its compliance and the services in provided. This is Pacific power determine the level of authority over the organization and define the power of the specific person.
Coercive Power: This is specific authority comes when a person is in believe that he can punish other persons for not being compliant towards him or his authority.
Legitimate Power: When a person believe that he has a formal right to create demand and expect that others would complete their demand according to its need, comes the power of legitimacy.
Expert Power: This is the perception that a person expert of some special things. As an example, my husband works as a manager of a company and he has some expert power because he knows the specific details about how the company operates.
Referent Power: A production manager was wanting to increase the efficiency of a case packer of a packaging line by improving the machine performance. The machine normally runs at 85% efficiency which is very good. He needed to convince the engineering team to explore the opportunity to upgrade the machine to get the efficiency over 90%. Initially, the engineering manager refused to do this due the cost of the upgrade. The production manager was able to do a calculation to show that by doing this upgrade and running the machine at 90% efficiency, the cost of upgrade will be paid back within 1 year. After seeing this, the engineering manager has agreed to procced with the upgrade proposal.
Company name: Johnson & Johnson
Required:
- Ethics and Compliance. Summarize the company's ethics and compliance programs and resources. (example: employees to report misconduct.)- Governance. Details of the company's corporate governance towards ethics. This has all to do with the company’s leadership quality and structure. To the best of the ability, tell what kind of leadership style they use as I listed above. Give examples if possible (research online the leaders of the organization and what acts or decisions they have made). Write 600 words.
Don't copy from anywhere and Chegg's solution. Please read the instruction and information carefully. Please use the company's website and give the links which you are use in writing and your own comments.
Explanation / Answer
Johnson & Johnson compliance programs are indeed committed towards ensuring decision making process free of improper industry influence, lawful promotion of products regulated by US Food and Drug Administration (FDA) and disclosing accurate pricing information thus assuring appropriate conformity to government policies, rules and regulations.
Johnson & Johnson ethical programs indeed does effectively facilitate to maintain an open environment where in workers can report without fear of revenge of any misconduct they believe to have occurred which is in violation of company compliance framework or any federal health care program or FDA requirements.
All reports of misconduct indeed are taken very seriously and thoroughly investigated. If any wrongdoings are established then appropriate action are taken to correct them. Furthermore they also make it a point to ensure no one would be punished for making a good faith report about possible compliance violations.
Principles of corporate governance in Johnson & Johnson indeed does facilitate to effectively ensure compliance through varied policies, guidelines and standards enumerated in business code of conduct which employees are expected to follow as they deeply do recognize the relationship between good governance and sound financial performance.
Economic value generated through a well-managed and governed enterprise does effectively facilitate to benefit shareholders and society by eventually contributing towards the social infrastructure needed to sustain community health. The basic responsibility of the directors is indeed to implement their business judgment on matters of critical and long-term significance should reasonably be in the best interest of the company, society and shareholders.
Science, technology & sustainability committee comprising of independent directors are eventually responsible for policies, programs and practices on environment, health, safety and sustainability. Furthermore responsibilities of the regulatory, compliance & government affairs committee include implementation and effectiveness of the company’s health care compliance, ethics, quality and compliance programs.
Executive committee of Johnson & Johnson is the principal management group eventually responsible for the strategic operations and allocation of resources of the company thus ultimately helps in supervision and coordination of activities concerned with consumer, pharmaceutical and medical devices business segments.
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