Why is strategic management important to a corporation? For many years‚ businesses have been failing and this failure has been attributed to the inability of managers to strategically manage business processes and operations. As a result of these failures‚ more business managers are paying keen attention to strategic management because of its importance to the continuity of a business. Strategic management is a strategy that is focused on long-term planning within an organization that takes into
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and two disadvantages for each of the following types of organizational structures: 3.1.1. Functional structures According T.N. Chhabra (2003:263)‚ functional structures directs the subordinates throughout the organization in his particular area of business operation. This means that subordinates receive orders and instructions not from one superior but from several functional specialists. In other words‚ the subordinates are accountable to different functional specialists for the performance of different
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co-ordinated social unit of two or more people that functions on a relatively continuous basis to achieve a common goal or set of goals” (Robins 2005). Organizational Behaviour Defined Behaviour on the other hand‚ he defines simply as “the actions of people (Robins 2005). Organization behaviour (often referred to as OB) is the behaviour (actions) of individuals and groups within organizations and the interaction between organizations and their external environment. It constitutes a behavioural science
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Sharecka Ivery 2/11/2013 Intro to Business 1013 How Businesses Are Organized There are several ways that a business can be organized to define its structure. The main types of businesses are sole proprietorship‚ corporations‚ partnerships and limited- liability companies. How a business is organized explains how its taxes are paid‚ and accounts for profit and how it manages the liability by its owners. In the bylaws state that every organization has its own purpose and what it does
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I. Introduction Studying human personality is very important in predicting the consequent behaviour of employees in an organization (Robbins & Coulter‚ 20011). Personality‚ as described by Robbins et.al (20011) is “the unique combination of emotional‚ thought and behavioural patterns that affect how a person reacts to a situation” (p. 307). Through predicting the different human behaviours‚ the organization find ways in dealing with them‚ may it be positive or negative‚ that need a certain course
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MODERNISM CRITICAL THEORY SOCIAL-INTERPRETVISM POST-MODERNISM CULTURE:- comprises the deep‚ basic assumptions and beliefs as well as shared values that define organizational memberships as well as members habitual ways of making decisions‚ and presenting themselves and their organization to those who come into contact with it. Corporate culture- dominant culture put forward by top management. Way for org to shape their organizational identities. Subcultures within organizations can contribute
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Apple Case Study The role of a successful leader in organisational change cannot be overestimated. Organisational culture is significant for each organisation and its successful operation‚ playing large role in whether or not a particular organisation has a happy‚ healthy and comfortable working environment. Organisational culture at any company has to be strong and well-established but able to be changed as well. So‚ in order to establish‚ maintain and improve the company’s culture timely
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DOWNSIZING – AN EFFECTIVE FORM OF ORGANISATIONAL CHANGE THAT SEEKS TO IMPROVE BUSINESS PERFORMANCE? Personnel restructuring‚ right sizing‚ reductions in force or the most common term used; downsizing‚ is defined by Budros (1999 : 70) as “An organization’s conscious use of permanent personnel reductions in an attempt to improve its efficiency and/or effectiveness”1 Downsizing has occurred throughout the industrialized world (Ryan & Macky‚ 1998)2‚ affected blue and white collar workers (Littler
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heavily involved in the way newcomers to organizations learn the ropes thus‚ socialization. It is a fundamental process in organizational behaviour. Learning is relatively permanent change in behaviour that occurs as a result of persons interaction with the environment. "Learning Theory" is a discipline of organizational behaviour that attempts to explain how an organism learns. It consists of many different theories of learning‚ including instincts‚ social facilitation‚ observation‚ formal teaching
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Introduction In Organizational Development‚ change is inevitable in the face of the ever changing global‚ economic and technological environment. Organizational change is part of a company’s life cycle and affects the whole instead of parts of it. Organizational development practitioners‚ also referred to as change agents‚ are internal or external people who provide professional services in planning and leading changes in organizations. Internal change agents are individuals such as CEO or managers
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