Organizational Management strategies

All posts tagged Organizational Management strategies

Winter Break Edition

Published December 22, 2014 by Mayrbear's Lair

Winter Break Monday 1

(Blog Repost from January 23, 2013)

POLITICAL ECONOMY

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Some scholars define political economy as the application and practice of formal economics. In other words, it is the so-called rational actor model to all types of human behavior, particularly socio-political behavior. The economic theory of politics, often referred to as public choice, can be used to integrate economic and political studies of international relationships, since public choice is part of a larger endeavor which seeks to apply a rational behavior approach (Talani, 2004).

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Building an Ethical Foundation

Published June 16, 2014 by Mayrbear's Lair

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The concept of success is difficult to define because it has a different meaning to each individual. For some, success equates to climbing the top of the corporate ladder to assume the role of an executive office. Another person’s view of success is being in service to others, like family, friends, and outsiders.  Baack (2012) postulates that the main concepts that most individuals identify as personal success include: (a) building an ethical foundation, (b) training and preparation, (c) finding the right fit with an organization, person, or group, (d) continual improvement, and (e) achieving balance in their lives. He further suggests that each of these components contribute to a satisfying life, relationships, and career (Baack, 2012). In other words, success can be defined in terms of the components required to help contribute to the greater good. This also suggests that each individual is capable of assessing ethical and unethical behavior. For example, had enough individual decision makers taken the necessary steps, perhaps companies like ENRON would not have engaged in misconduct.

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To build an ethical foundation, one must begin the process by developing a personal code of ethics. This typically begins by enforcing the golden rule. Common sense principles like this can help an individual to establish personal morals. Also, additional training in ethics and counseling can help with moral questions as they occur. This supports the concept that ethical actions are the starting point and ultimate goal to achieve any successful outcome.

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In my research work on ethical behavior for Ashford’s MBA program, some of which is compiled in my eBook, Ethics in the Real World (2013), I point out that individuals with no oversight, accountability, or consequences for their actions can become a danger to themselves and others. In short, a person with unlimited power, without unlimited compassion, is most likely to cultivate a climate of unlimited corruption. In addition, it can lead to the development of personality disorders rendering individuals with an inability to recognize inappropriate behavior. In fact, they can become so disturbed they are unable to see they have a problem (Berry, 2013). Governments do their best to regulate misconduct with laws and policies, but it is really up to each individual and corporation to develop codes of ethics and emphasize the significance of ethical training.

On Wednesday, we will take a closer look at ethical training and the preparation involved to help build an ethical foundation. Until then … keep organizing!

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If people are good only because they fear punishment, and hope for reward, then we are a sorry lot indeed. – Albert Einstein

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 References:

Baack, D. (2012). Organizational Behavior. San Diego, CA: Bridgepoint Education, Inc.

Berry, M. A. (2013). Ethics in the Real World. USA: Kindle Direct Publishing.

Competition and Strategic Management

Published April 25, 2014 by Mayrbear's Lair

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Competition exists and is alive and real in today’s global economy! Every company faces some kind of competition that includes such components as how they set their prices, the quality of the products they produce, or the performance level of services they provide. In fact, many leaders in today’s business arena, claim that at times, it can feel like a fierce battleground.

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In order to maintain a competitive edge, organizations are always looking to improve, find creative solutions, and implement strategic management plans to help them achieve their goals. When operational functions at a firm are not producing successful outcomes, that is a clue that management needs to focus on the strategic planning process and develop systems that will encourage effective team work to help the organization operate more efficiently.

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Companies, on the other hand, that are not concerned about their competitor’s efforts, are more likely to stifle the firm’s capabilities to grow successfully. For example, understanding how a competitor achieves their goals with the systems and functioning processes they implement, can help leaders in key positions effectively determine what changes and adjustments may be required to give them a competitive edge and maintain it.

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For example, the academic institution my child is enrolled in, was a unique new business model that has grown exponentially in the past ten years. As a result of their successes, other similar organizations have entered the marketplace vying for a piece of the action. This year, however, the organization implemented new policies to meet state and federal requirements. As a result, it introduced a new set of challenges for the staff, students, and parents leaving many feeling overwhelmed, frustrated, and stressed. If management is not able to resolve these issues, families can now look into the school’s competitors as a possible solution, and if their operating systems are more effective, the institution is likely to see  a drop in student enrollment.

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Only time will tell how the organization  chooses to manage these issues. In the meantime, parents like myself, who are active participants in their children’s academic lives, will continue to do what we can to work in partnership with the educational institution so that our children can continue to learn and evolve with self-esteem and confidence, rather than conform to a program that is not functioning at full capacity, creating stressful situations, or worse, does not encourage and guide students to reach their full potential.

That’s it for this week. Have a great weekend everyone … and keep organized!

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“Nobody cares if you can’t dance well. Just get up and dance.” — Martha Graham