Failure of Tyco International

Failure of Tyco International Ltd. Tyco International Ltd. is a diversified manufacturing and reach partnership, which is involved in electronic security services, fire resistance and safety systems, electrical and electronic components, engineered products and services, and medical products (SEC, 2006, p. 3). Tycos troupe grew from 1996 done the early 2000s with the purchase of more than 1,000 companies. In 2001 revenues ontogenesis to $34.04 billion. In 2002, L. Dennis Kozlowski, chief executive officer, and Mark Swartz (former Tyco CFO) were indicted on many accounts of grand larceny, securities fraud, and enterprise corruption (Funding Universe, 2012, para. 5). The motivation, personality, and the position of Kozlowski led to the stemma failing of Tyco International Ltd. Organizational Behavior Theories Organizational sort has a variety of theories, which include the motivation scheme, personality opening, and place possibleness. Motivation is defined as the processes that account for an individuals intensity, direction, and persistence of effort toward attaining a goal (Robbins, 2011, p. 204). The motivation theory has a variety of theories associated with it. David McClelland developed one of the theories of motivation, which is the theory of study hold ofs.

This theory focuses on three aims: 1) study for achievement, 2) need for power, and 3) need for affiliation (Robbins, 2011, p. 210). Kozlowski seemed to be motivated at a youthful age by money and business. Kozlowski majored in business relationship at Seton Hall, lived at home to save money, wo rked his way through college (Eichenwald, 20! 02, p. 3). Kozlowski displayed the need to achieve when he became the Chief Executive military officer at Tyco in 1992. When he made a decisiveness to putsch other companies, he wanted it done flying and complete in weeks instead of months (Eisenberg & Fonda, 2002, p. 3). Going afterwards underperforming firms that were fat, tedious and happy, in the words of former Tyco employees,...If you want to overhear a full essay, order it on our website: OrderCustomPaper.com

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