Organizational culture is the norms and core values that companies or businesses create to govern their day-to-day activities. A strong corporate culture is one of the key components that propel most organizations to be successful. Since employees come from different cultural backgrounds, the organizational culture forms a basis that they can publicly be identified with. This may include innovation, logos, the organizations mission statement and leadership. There also exist sub-cultures within the organizations, which are not implemented by the managerial department but are developed by the employees.
It is associated with innovative leaders with vision who focus on the external environment (Denison and Spreitzer ; 1991). 2.6.2.6.3 Human Relations Model The human relations model involves flexibility /internal focus in which training and the broader development of human resources is utilised to achieve cohesion and employee morale. It is associated with trust and teamwork. Managers in companies of this type seek to encourage and mentor employees (Bradley and Parker 2001). 2.6.2.6.4 Rational Goal Model The rational goal model involves control/external focus in which planning and goal setting are utilised to achieve efficiency and productivity.
Risk Management Risk management is the process of identifying analysing and responding to risks throughout the life of a project. It is essential that a risk management strategy is agreed when planning the project and followed throughout as this will allow for proactive, rather than reactive, management of risks. Business case Benefits Monitor and Review Continuous monitoring throughout the life of a change and beyond involves gathering of information to track progress. A framework for monitoring should be clearly defined along with and agreement of acceptable levels of performance. This will supports the identification of risks and issues and allows the comparison of actual versus planned progress which is fundamental to implementing a change on time, within budget and within scope and realising the
Strong level of communication should succeed within the organisational structures if the direction of the leader is followed efficiently. Thus, it is also notice that if the direction is clear, the employees are balance and focused, as a result undertaking will be positive (Mullins and Christy, 2013). The organisational structure of the company evaluates how this approaches while operating the business. The organisational structure is based on geographical territories, products and functions that have high level of control over what works out the best for the staff working and performing their task. These organisational structures are hierarchies where the managers are able to delegate authority and they are responsible for getting the outcome (Schein, 2010).
It does not just describe the organization’s output or target customers; it captures the soul of the organization. A primary role of core purpose is to guide and inspire.” . This means that the need to have a clear Corporate purpose have an impact to both internal and external stakeholders. On the internal side, it provides direction, unifies employees and makes them to remain resolute and anchor them within company values when implementing a strategic vision both at tactical and operational levels. Apart from having an important impact purpose, it consistently create a strong determination to have a continuous engagement among employees, thus eliminate inter office politics.
Organisational effectiveness is defined as the efficiency portrayed by an organisation to attain its goal. Organisations are perpetually attempting to achieve their business goals and survive in the competitive market of business. However, in order to attain all of the above and stay in the league, the management should critically evaluate their organisational effectiveness. The concept of organisational effectiveness was debated by three key people. Ferderick Taylor who sated effectiveness was determined by low cost, high production and technological excellence.
The displacement of competition from between companies to between chains forces each one to put forward its strategies. These are generally based on responsiveness and efficiency as the defining factors in strategic positioning or on the balance between them in all the logistic activities in the chain, since it is assumed that there is alignment between its links (Chopra & Meindl, 2003; Fischer,
Employee engagement is a workplace approach designed to ensure that employees are committed to your business goals and values. By involving them in your business, you will motivate them to contribute to your business success and at the same time improve their sense of well-being. Employee engagement starts with managers showing a clear and collective commitment to making employee engagement part of business culture. This means sharing information on business plans and performance, making sure you live your business values and seeking views and ideas from employees on how to improve your business. It is a two-way street.
However SRHRM includes skill-enhancing practices which include CSR training, motivation-enhancing practices. These differ from human resource management as they are more related to CSR and its implementation which addresses the interests of external stakeholders. Engaging in CSR has become an important source of organisational competitive advantage, where as previous it was seen as a financial duty. Various authors believe that CSR is becoming a key priority for business leaders around the world. (Pfeffer, 2010: Porter & Kramer, 2011).
Business must adjust their yearning to augment benefits against the needs of the stakeholders. Good business morals would mean moral standards acknowledged by the general public as right ought to be actualized throughout behaviour of corporate undertakings. Schedule IV of the Companies Act, 2013, deals with the code of independent directors. It deals with the guidelines of professional conduct and also with their role, functions and duties. Good business morals in the administration of the corporate undertakings would essentially include proper money related dealings in their managing which would in this manner help the organization to succeed.