Organizations which have goals to achieve require happy and satisfied staff. Organizational climate serves as a measure of individual feelings and perceptions about an organization. Organizational climate includes leadership styles or management, participation in decision making, provision of challenging jobs to employees, personnel policies, reduction of boredom and frustration, provision of good working conditions, provision of benefits and creation of suitable career ladder for academics, In case there is some form of dissatisfaction. The organizational climate is viewed as characterized by the following factors: Unchallenging jobs, lack of recognition for work done well through merit or announcements in meetings, shortage of personnel where they are expected to perform responsibilities, which were supposed to be performed by other employees, lack of feedback about performance, poor communication where there is no two-way communication between subordinates and managers and lack of staff development activities which prevent personnel from being equipped with skill and Continue reading
Management Concepts
Three Perspectives of Organizational Theory
Organizational theory is based on its three perspectives, which are the modern, symbolic-interpretive and the post-modern. The perspectives each have different approaches when it comes to the management of an organization. 1. Modern Perspective Modernists are objectivists who focus on reality of knowledge which is build based upon the conceptualization and the theorization. An Example would be that a company earns profits based on the CEO’s ability to make right decisions while investing the money of an organization. The results of the actions can be measured in profit and loss and can be directly measured. The data which modernists recognize are from the five senses, through what they see, heard, touch, smell and tasted. Modern Perspective builds a set of rules that can be used in organization so that all employees will be able to follow, perform and function, ensuring the entire process in the organization runs smoothly. Modernists do Continue reading
Post-Fordism – A Critical Evaluation
It is widely argued that the era of Fordism began with the development of the model T motor car, the world’s first successfully mass-produced car, at Henry Ford’s Piquette Avenue manufacturing plant in Detroit, Michigan. From this, a new age of production developed, changing both the economic and the political landscape of manufacturing globally, and establishing the progression to a new form of capitalism. The key characteristics of Fordism center around the major industrial paradigm of mass production that involves production of standardized goods by unskilled labor through the use of assembly-line techniques. This principle of ‘continuous-flow production’ as a new regime of accumulation inherently involved a rise in mass consumerism, that was encouraged by the supply of relatively cheap products, intelligent advertising and, arguably most importantly, through changes to social conditions of low-skilled employees. This originated from Henry Ford himself, who notoriously raised minimum pay to $5 a day Continue reading
Tips for Effective Management in a Global Enterprise
The most critical issue in the contemporary world is how to manage organizations effectively in the wake of the rapid global changes. In global enterprises, technology is changing at a remarkably fast rate and this trend calls for the management to redesign its organization to remain relevant. Competition is increasing in global enterprises as organizations aim at gaining competitive advantage over others. Different enterprises should change their manner of management in order to respond quickly to global changes. The organization needs to change its processes, structures, systems, and personnel from the inflexible modes to ones that can adapt quickly to global changes. The transformation of the organization is a crucial step to effective management and remaining on the lead in the global world. Effective management in a global enterprise involves the use of new management philosophies. The management philosophies start with the top management in the organization. The managers should apply Continue reading
Art of Prioritization – A Must Tool for Effective Business Management
Setting an agenda, reviewing activities, and allocating time and effort in such a manner as to provide maximum value in a short amount of time is essential in thoughtful prioritizing. Addressing the emails with the various situation also requires certain prioritization and strategic approaches. Because low-priority work may need to be stopped to accomplish urgent tasks, prioritization should also be flexible. We should keep in mind that no matter how carefully focused, there is only so much that can be accomplished in a single day, and certain unpredictable variables are unavoidable. Setting objectives and prioritizing work should both be practical, and the emails have to be addressed in a similar fashion – first, the most urgent and the most potentially valuable case. It is vital to remember that the goal of prioritizing is to spend time on the most important activities, the ones that will matter in the long term, Continue reading
Views on Business Model: As a Business System and Profit Model
A business model creates a picture of how an organization operates to provide quality services and value to customers. Therefore, the business model assists the company to beat their competitors in the markets. Consequently, the model enhances the value of the company to rapid profits and revenue growth. Therefore, a business model comprises of two elements such as a profit model and business system. The business model does not only work as a system of works but rather as behavioral indicators of customers and suppliers. A successful business model integrates the profitability level of a company and its operations. As a result, it can realize the strategic objectives of the company. When an individual conceptualizes a business model as a system, he/she focuses on delivery and production of the company. Therefore, the system has several interdependent activities to go beyond the boundaries and focal industry. As a result, the business Continue reading