Tyco International LTD is a company that offers fire protection and security services to members of the public. Some of the security services that the company is well known for include burglar alarms, fire detection device installations, access control to premises and departments and tracing of stolen assets. The managers and leaders have ensured a good organizational culture despite some irregularities that occurred sometime back.
Organization Failure Overview
Business failure is at times inevitable. Tyco International limited is not an exception. The practices and business operations of any organization are directly connected to the way the employees behave in an organization. Quite several theories can help organizations in ensuring that the business is not shaken. According to Yulk (2006), there are myriads of business risks and vulnerabilities that the management of organizations should address.
Predictive Organizational Behavior Theories
Social psychology is an aspect that evaluates how a human being can influence another one. This deals with the attitudes, power, how team players relate and communicate within the group and how conflicts that arise in a team are resolved by the end of the day.
Psychology is an aspect that analyzes how human behavior is likely to change and why, how the change in behavior affects their ability to learn, how they react on different issues, management and leadership and the way decisions are made in the entire organization. Anthropology helps people in the organization to understand the reason why people have different thoughts, ideas, and attitudes and why they may behave differently in similar circumstances.
This is because it is the study of the human being and why people behave the way they do. According to the Department of Justice (2012), the performance of employees in the organizations is a keen indicator to either success or failure of the entire business. Hence, managers should work to optimize all these aspects of organizational behavior to ensure a successful business.
Leadership and Organizational Structure Contribution
Tyco International Ltd was faced with a legal problem that brought the entire business several steps backward. It had worked behind closed doors with a similar company and went against the Foreign Corrupt Practices Act laws. It was consequently taken to court. This affected the business because it was forced to pay a total amount of twenty-six million dollars to cover for the violation and be set free to continue with the business.
This amount was set aside for the huge amount of work ahead. This implied that the planned project was deemed to fail. Another fourteen million dollars was paid for cases related to faking their business books. According to the falsified books, the company had paid all taxes and dues to the government. This was not true. All the penalties that the company faced were as a result of poor management. It cost the company a lot of monetary loss and negative public reputation Anderson (2013).
Conclusion
Managers and leaders are the main decision-makers in any business. They are as well the facilitators and regulators of the culture that is to be followed in an organization. Since nothing should go on without their consent and authorization, they are also to blame when a business goes the wrong direction.
According to Symonds (2002), communication and hierarchy of power start from the management. Hence, it implies that they are directly responsible for business success. Most entities do not transact without authorization, probably through signatures and official stamps, from the top officials of organizations.
The managers and leaders control quality, best service to customers as well as ensuring their retention in the organization. This implies that the failure of the business can be controlled by the management and overall leadership of an organization (Robbins & Judge, 2007).
References
Anderson, A. (2013). Indications of an effective organizational culture. Demand media, Houston Chronicle. Web.
Department of Justice (2012). Subsidiary of Tyco International Ltd. Pleads Guilty, Is Sentenced for Conspiracy to Violate Foreign Corrupt Practices Act Tyco Entities Agree to More Than $26 Million in Penalties.
Robbins, S. P., & Judge, T. A. (2007). Organizational behavior. Upper Saddle River, NJ: Pearson/Prentice Hall.
Symonds, W.C. (2002). Commentary: Tyco: How Did They Miss a Scam So Big?. Bloom berg magazines. Web.