Ways in which a company can work on cultural diversity and build a global team affect performance management practices, and what strategies can global leaders adopt to ensure that their teams meet organizational objectives while respecting cultural differences?
Assessing Organizational Viability
Scenario You are the CFO of a rural hospital. During a recent review of the organization’s financial status, the hospital was deemed “at risk” for closure. Several factors contribute to the at-risk designation, including the state’s decision to opt-out of the Medicaid expansion program, the aging population which requires