Saturday, February 22, 2020
Management and Leadership development Essay Example | Topics and Well Written Essays - 3250 words
Management and Leadership development - Essay Example For instance, managers are able to access the global market through e-commerce platforms and internet marketing. Williams (2011) and Montana and Charnov (2008) both agree that communication networks have improved the accuracy of strategic planning process by enabling managers to access and analyses huge volumes of data and information within seconds . Implementation of technology has decreased the operating costs and improved the productivity through streamlining the business processes (Daft, 2012). Globalization refers to the integration of the economy, cultures, politics, and social systems in to one unified global economy (Koontz and Weihrich, 2010). Globalization has been facilitated by advancements in technology, deregulation of national markets and migration (Mullins, 2010). Northouse (2010) and Kreitner (2009) believe that globalization requires the managers and leaders to have a global perception in order to attain a competitive edge in business (Williams, 2011). Globalisatio n has increased access to a wider market through deregulation and formation of global business alliances (Williams, 2011). Kreitner (2009) is of the opinion that international employee transfers and access to expatriates requires the leaders to have knowledge of the unique culture, ethics and attitudes of the target markets across the globe (DuBrin, 2009). In addition, globalisation has led to increased competition and improvement in the organisational strategic management through continuous innovation. The leaders must also be aware of cultural differences and customs of the different countries in which the business operates (Kreitner, 2009). Management development Management refers to all activities of the managers that are geared at accomplishing the organisational goals (DuBrin, 2009. Managers are tasked with planning, organizing other resources, leading the subordinates, controlling and staffing the organisation. Management is considered as both an art and science (Lawson, 2008 ). Management is considered an art since managers use skills and principles in achieving the organisational goals (DuBrin, 2009). Like any other art, management requires personalized skills, judgment and continuous practice of the theoretical skills of management (Northouse, 2010). For instance, the art of management is evidenced in staffing, contract negotiations and motivating employees. On the other hand, management is considered as a science since it involves the application of systematic body of knowledge that is critical in the management (DuBrin, 2009). Northouse (2010) and DuBrin (2009) points out that the science of management requires managers to make inferences after experiments or continuous observation of the changing scenario in the markets. In addition, management entails the use of scientific methods such as budgeting techniques, risk analysis methods and rate of return on investments in order to make strategic decisions. Managers must also pre-determined guidelines in delegating the work and designing an effective organisational structure (Daft, 2012). Developing the top tier of management is important for the organisation (Hannum, Martineau & Reinelt, 2006). All organisations require the efforts of individual employees to be integrated and coordinated. In addition, organisations should ensure
Thursday, February 6, 2020
Definitions of Evaluation Coursework Example | Topics and Well Written Essays - 500 words
Definitions of Evaluation - Coursework Example nt and development of the best workforce that will, in turn, enable both the employees and the organizations to efficiently accomplish their set goals. The opportunities that an organizationââ¬â¢s HRD provides to its employees can be in or beyond their workplaces. The HRD could be formal as in the training programs that are offered within learning institutions (Heathfield, 2012). Alternatively, it could also be informal where managers within an organization are responsible for coaching their employees on various aspects concerning their organizations. HRD has also been defined as the departments that are found within organizations that have been charged with the duty of organizing their employees and reporting on their working relationships. This is done while ensuring the behavior best conforms to their organizational goals. A department of human resource that is forward thinking has been described as one that is concerned with the provision of effective policies, guidelines and procedures that are friendly. This department is responsible for ensuring that an organizationââ¬â¢s mission and values along with visions that enable the company to focus on success are usually optimized. The department is generally responsible for compensating, ensuring safety, anddeveloping the human resources within an organization (Heathfield, 2012). Evaluation, on the other hand, has been defined as involving the activities assessing or judging the worth of some work that has been done within an organization or a service provision institution. The major purpose of carrying out the evaluation process is that it helps an organization in reflecting on what it intends to achieve in the course of its operations and assessing its success rate in the achievement of their set goals. It additionally helps in the identification of the required changes within the organization to ensure the set goals are achieved within the budget and cost constraints that have been set (Tufo, 2002). Evaluating a
Subscribe to:
Posts (Atom)