Academic Journals Inc. Impact of Strategic Planning on Organizational Performance and Survival* Akinyele Samuel Taiwo and Fasogbon Olufunke Idunnu Department of Business Studies‚ Covenant University‚ Ota‚ Nigeria Abstract: The study examined the impact of strategic planning on organizational performance and survival. The effectiveness of strategic planning can be measured in terms of the extent to which it influences organizational performance‚ which affects its survival rate. The main objective of
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Effective Organizational Communication: a Key to Employee Motivation and Performance Kirti Rajhans Asst. Professor‚ National Institute of Construction Management & Research‚ Pune- 411045‚ India. Email: kirti.rajhans@gmail.com _________________________________________________________________________________________________ ABSTRACT: Organisational Communication‚ in today’s organizations has not only become far more complex and varied but has become an important factor for overall organizational functioning
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Commandments for CEOs seeking organizational change In our ever-changing‚ fast-paced world‚ competitive relationships Can shift quickly when companies respond too slowly to increased competition in their industry group. Succeeding in such a competitive and changing environment demands that CEOs reshape their organization to meet today’s challenges and competitive realities. But responding to change remains highly elusive because there is a natural resistance to change at all levels within the organization
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As Edmund Burke‚ a British politician and critic of the revolution noted‚ “By following those false lights [of liberalism]‚ France has bought undisguised calamities at a higher price than any nation has purchased the most unequivocal blessings.” Burke was not alone in his thought as many Europeans felt the French Revolution had resulted in a regression for European society as civilians
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What Drives Organizational Change? Gregory Fenwick MGT380 July 25‚ 2011 Garren Hamby What Drives Organizational Change? Organizations change for many different reasons and situations. Some organizations need change to better themselves‚ others need change organizational change just to survive and stay in business. Some organizations need to change because of growth‚ and some change because of downsizing. This paper will look at many different reasons for change and how that change is brought
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Change management: 1. Change management is a necessary component for any organizational performance improvement process to succeed. Critically review the contribution of J.P‚ Kotter to management of change. Introduction to change management Contemporary trends of business and management are dynamic in nature. This is the reason why different organization employ strategic change in order comes up with current business demands. However‚ it is always difficult for the employers to accept this
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meet or exceed the overall expectation of the customer while evaluating the overall satisfaction by the number of repeat customers. Previous studies have shown that satisfied customers generally tend to have a positive impact on a firm financial performance although the magnitude of the impact is highly variable. More so‚ it is said that happy (satisfied) customers spend more and are loyal thus impacting over 1000 top businesses by € 14 billion per year (Zeithaml (2000) and Rust et al. (2002) Researchers
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AbstractChange can be particularly upsetting and can cause havoc to all involved in any organization. One myth is that change is "bad". Change itself is neither good nor bad‚ only the responses and outcomes of change can be considered good or bad. Change is unavoidable and essential in any industry. Without change organizations would be left behind and lose their competitive advantages. This paper will discuss the description of a home health care company and the plan to implement a service that
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Impact of Training and Development on Organizational Performance Abstracts - Training and Development‚ On the Job Training‚ Training Design and Delivery style are four of the most important aspects in organizational studies. The focus of current study is to understand the affect of Training and Development‚ On the Job Training‚ Training Design and Delivery style on Organizational performance. The back bone of this study is the secondary data comprised of comprehensive literature review. Four Hypotheses
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and analysis which serves to be an effective source of information for decision-making. Internal benchmarking is one of the main methods of environmental monitoring and analysis engaged in by IKEA. Benchmarking is “method of improving business performance by learning from other companies how to do things better in order to be the ‘best in the class’. The Internal benchmarking practice engaged in by IKEA involves comparing different divisions and subsidiaries of the company and thus establishing
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