Achieving Organizational Shortcomings

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Significantly , the first and third shortcomings involve failure to work effectively with and through others. Derailed managers experienced a number of interpersonal problems; among other things, they were perceived as manipulative, abusive, untrustworthy, demeaning, overly critical, not team players, and poor communicators. The former CEO of PeopleSoft tripped over this particular hurdle when he was fired by the board of directors in 2004 for a number of reasons, including “managing abrasively.”

Achieving Organizational Objectives

An objective is a target to be strived for and, one hopes , attained. Like individuals, organizations are usually more successful when their activities are guided by challenging, yet achievable, objectives. From …show more content…

The relationship between these two terms is important , and it presents managers with a never-ending challenge. Efficiency is a vital part of management, It refers to the relationship between inputs and outputs. If you can get more output from the given input, you have increased efficiency. Similarly, if you can get the same output from less input, you also have increased efficiency. Because managers deal with scarce input resources – mainly people, money and equipment – they are concerned with the efficient use of these resources. Management therefore, is concerned with minimizing resource costs. From this perspective, efficiency is often referred to as “doing things right” – that is not wasting resources. However, it’s not enough simply to be efficient. Management is also concerned with completing activities so that organizational goals are attained; that is, management is concerned with effectiveness. When managers achieve their organizational goals, we say they are effective. Effectiveness is often described as “doing the right things – that is , those work activities that will help the organization reach its goals. Whereas efficiency is concerned with the means of getting things done, effectiveness is concerned with the ends, or attainment of organizational …show more content…

Those who are concerned with such matters worry not only about running out of nonrenewable energy and material resources but also about the lopsided use of those resources. Approximately 83 percent of the world’s population in the year 2020 will live in relatively poor and less-developed countries. Developed and industrialized nations , consequently, will experience increasing pressure to divide the limited resource pie more equitably. Because of their common focus on resources, economics and management are closely related. Economics is the study of how limited resources are distributed among alternative uses. In productive organizations, managers are the trustees of limited resources , and it is their job to see that the basic factors of production – land, labor, and capital – are used efficiently as well as effectively. Management could be called “applied economics.”

Coping with a Changing

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