Question

Use examples of companies joining such as Amazon and Wholefoods to discuss challenges employees may have regarding governance of the newly created entity.

Answer 1

Corporate Governance means the combination of rules, laws or process by which a company is regulated or controlled.

coming to the problems that are faced by employees in the newly created company are as follows:

• Role clarity is a biggest issue in the new entity, A well planned, well timed and well-structured approach to creating clarity will benefit in 2 ways, Increased employee engagement, improving & performance.
• Coordination between and newly engaged emplyee and an existing manager.
• There is no consistent pay if the entity is a new and specifically in fierce competition majorly in online business.
• Dealing with change , since a newly incorporated company always tries for change to develop furthur.
• Diffcult to manage the complecated and new clients by the emplyees