Sears Holding Corp:
Sears Holding Corp is a retailer company that runs business through multiple stores as a network in the USA. It deals with physical commodities and assets that has become the company’s main recognition throughout the country. Meanwhile, Sears.com and Kmart.com are the primary websites through which the company attracts and engages it customers. In addition, it offers multiple easy services like online shopping, purchase at store, home delivery and return with money back guarantee, etc. It is a vast business-oriented company with thousands of employees at all the stores and branches in the country. However, organization’s five dysfunctions have peculiar connection and alignment with the operations and working of the Sears Holding Corp company. In this context, the two primary dysfunctions i.e., absence of trust and conflict of interest has strong connection with the working phenomenon of Sears Holding. For elaborating such contexts and perspectives, a comprehensive workbook adorned with top sources is formulated.
Dysfunction Workbook:
The dysfunction workbook contains few updated and contemporary research sources which demonstrate particular connection with Sears Holding Corp. These are as follows:
Source 1:
Kumar, R. (2017, July 15). Absence of trust—The foundational dysfunction in any team. Medium. https://productlessons.medium.com/absence-of-trust-the-foundational-dysfunction-in-any-team-eaa14e735faf
Source 2:
Reuters. (2019, April 18). Reuters. Retrieved from Reuters: https://www.reuters.com/article/sears-lawsuit
Source 3:
The Five Dysfunctions of a Team—Dysfunction #2 “Fear of Conflict” | LinkedIn. (n.d.). Retrieved August 18, 2023, from https://www.linkedin.com/pulse/five-dysfunctions-team-dysfunction-2-fear-conflict-eduardo-alvarez/
Connection of Sources with Sears Holding Corp:
Source 1:
The source 1 demonstrates the significance of trust as a crucial element in team work spirit and its lasting impacts. The absence of trust in the team leads to distraction and division among the members. In addition, this entity and feature encourages the members to admit mistakes, incorporate inputs and efficiently accomplish the projects. On the other hand, trust deficit may lead to chaotic situation in the team members which results into destruction and low efficiency. Meanwhile, the source, adorned and demonstrating trust entity, has deep connection with the working phenomenon of Sears Holding Corp. The trust has dual dimension applications in the business model of this company. The first aspect lies within the boundaries of company i.e., the trust among the stakeholders of the company. It may be from top to bottom that is the mutual trust and bond between managerial slots and worker class. This trust factor may enhance the benefits and efficiency of work and services manifold. The second dimension is the layer of trust between company and its customers. Such trust bondage needs to be strong over time instead of deterioration. If the trust is malfunctioned or ruptured, it may last impeccable impressions on the future of company as a whole(Kumar, 2017).
Source 2:
Similarly, the second source revolves around trust factor in the form of a lawsuit where a plaintiff filed a complaint against Sears Holding Corp in 2018. The main argument of the plaintiff was the allegation of false statement by the company and its CEO about the financial situation of the company. Plaintiff took stance that financial condition of the company was demolished while the company and its CEO portrayed very positive picture regarding cash flow and surplus inventory levels. Ultimately, the allegation took shape as the loss of investors by the false and misleading picture depicted by the company authorities. The main prayer revolved around the suspension of operations of the company and cease of its sales. Irrespective of the final judgment by the court, this trust deficit and absence of truth damaged the company repute and disturbed the sales for coming years. Ultimately, it provoked huge loss for the company in the long run(“Sears Sues Lampert, Claiming He Looted Assets and Drove It into Bankruptcy,” 2019).
Source 3:
The final source demonstrates fear of conflict as dysfunction of the organization. The peer presents this feature as the application of trust deficit and fear of conflict on an individual’s life. But in broader spectrum, it has deep connection with Sears Holding Corp. On individual level, conflict of interest may arise sever problems for the routine life, job problems and relationship distress. Similarly, the fear of conflict may diminish decision-making power of the authorities and deteriorate competing spirit in the market. In other words, the source demonstrates fear among the quarters regarding future uncertainty which ultimately hinders the progress and development of the company(The Five Dysfunctions of a Team – Dysfunction #2 “Fear of Conflict” | LinkedIn, n.d.).
References
The Five Dysfunctions of a Team—Dysfunction #2 “Fear of Conflict” | LinkedIn. (n.d.). Retrieved August 18, 2023, from https://www.linkedin.com/pulse/five-dysfunctions-team-dysfunction-2-fear-conflict-eduardo-alvarez/
Kumar, R. (2017, July 15). Absence of trust—The foundational dysfunction in any team. Medium. https://productlessons.medium.com/absence-of-trust-the-foundational-dysfunction-in-any-team-eaa14e735faf
Sears sues Lampert, claiming he looted assets and drove it into bankruptcy. (2019, April 18). Reuters. https://www.reuters.com/article/us-sears-lawsuit-idUSKCN1RU1V3
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