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Imagine you are the C.E.O for a medium-sized company. You need to communicate the approved business plan to your staff, which consists of 6 departmental managers, 10 team leaders and 35 staff. The business plan reinforces the organization’s vision and business objectives, provides a market analysis for their products and services, includes a financial plan with projected profit-and-loss and cash-flow statements, describes performance requirements and responsibilities, and timeframes for meeting objectives. You prepare to disseminate the information.
1. What methods would you use to communicate the business plan to ensure everyone is aware of performance requirements and timeframes for meeting objectives? Explain why these methods would be appropriate.
2. How do you prepare for the season in which you communicate the business plan to staff? For example, what documentation do you prepare?
. "The Leader-Member Exchange Theory is also known as the Vertical Dyad Linkage Theory."
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