Where Argyris and Schön were the first to propose models that facilitate organizational learning‚ the following literatures have followed in the tradition of their work: Argyris and Schön (1978) distinguish between single-loop and double-loop learning‚ related to Gregory Bateson’s concepts of first and second order learning. In single-loop learning‚ individuals‚ groups‚ or organizations modify their actions according to the difference between expected and obtained outcomes. In double-loop learning
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referred to OD being about promoting organizational readiness to meet change[citation needed]‚ and it has been said that OD is a systemic learning and development strategy intended to change the basics of beliefs‚ attitudes and relevance of values‚ and structure of the current organization to better absorb disruptive technologies‚ shrinking or exploding market opportunities and ensuing challenges and chaos. It is worth understanding what OD is not. It not training‚ personal development‚ team development
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Marriott Corporation: Questions for HBS case “Marriott Corporation: The cost of capital” 1) Are the four components of Marriott’s financial strategy consistent with its growth objective? In my opinion‚ the four components of Marriott’s financial strategy are consistent with its growth objective. As we find in the case‚ the four components of Marriott’s financial strategy: Manage rather than own hotel assets‚ Invest in projects that increase shareholder value‚ Optimize the use of debt
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Theoretical Background A boundaryless organization is a modern approach in organization design. It is an organization that is not defined by‚ or limited to‚ the horizontal‚ vertical‚ or external boundaries imposed by a predefined or traditional structure. This term was coined by former General Electric chairman Jack Welch because he wanted to eliminate vertical and horizontal boundaries within the company and break down external barriers between the company and its customers and suppliers. Traditional
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Tutorial 3. Redesigning Work at Luxury Sweets* Preparation and Challenge Familiarize yourself with the case situation below and develop briefing notes to support a group consultancy exercise in class. You have been invited to join a team of management consultants by the Human Resource Director of Luxury Sweets Ltd. This individual is frustrated by the everyday challenges of managerial fire-fighting‚ and is keen to find effective means of addressing recurring production and employee relations
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INFORMATION TECHNOLOGY IMPACTS ON ORGANIZATIONS: ERP PROJECT CASE STUDIES BY: MAX ARO MASTER OF SCIENCE THESIS IN ACCOUNTING SWEDISH SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION 2005 HANKEN - Swedish School of Economics and Business Administration Department: Accounting Author: Max Aro Type of Work: Master of Science Thesis Date: 22.12.2005 Title of Thesis: INFORMATION TECHNOLOGY IMPACTS ON ORGANIZATIONS: ERP PROJECT CASE STUDIES Abstract: Recognizing information technology (IT) impacts
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Marriot Case Marriot use the Weighted Average Cost of Capital to estimate the cost of capital for the corporation as a whole and for each division‚ and the hurdle rate is updated annually.(WACC = (1-Tc) * (D/A) * R[D] + (E/A) * R[E]) Marriot’s Tax Bracket = 175.9/398.9 = 44% Division’s asset weight to the corporation: Lodging = 2777.4/4582.7 = 0.59 Contract = 1237.7/4582.7 = 0.28 Restaurant = 567.6/4582.7 = 0.13 Risk free rate is 30 years T-Bond = 8.95% (Lodging use long-term debt)
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Learning Organization: Why is it important to Organizations? By Subodh Shakya Learning is at the heart of a company’s ability to adapt to rapidly changing environment. * John Browne (CEO‚ British Petroleum Company) Introduction of Learning Organization Learning‚ today‚ has become the essential part of our life. People who fail to learn new things‚ skills or acquire new knowledge have limited probability to success. The same applies to the organizations also. Organizations
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|ORGANIZATIONAL CHANGE AND STRESS MANAGEMENT | LEARNING OBJECTIVES After studying this chapter‚ students should be able to: 1. Describe forces that act as stimulants to change. 2. Summarize sources of individual and organizational resistance to change. 3. Describe Lewin’s three-step change model. 4. Explain the values underlying most OD efforts 5. Identify properties of innovative
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Explain how the training needs for an organisation are linked to the different levels within the structure. Introduction of Tesco Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the years tha business has grown and they now operate in 12 countries around the world‚ employing over 530‚000 people and serve tens of millions of customers every week.Tesco have always been committed to providing the best shopping experience. Today tesco continue to
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