I believe that people are a major asset for any business organization because this model describes the importance of stakeholders, leadership and employees for the organization. That is the main reason why this model would suit me. To conclude I will work hard to change and organization successfully. From this module topic I have learned that you need to plan carefully and build the proper foundation so that implementing change can be much easier and chances of success will be improved. If you are too impatient or if you expect too many results too quickly, your plans for change are more likely to
Leadership plays an important role in managing the organizational culture. Changing an organizational culture involves strategic planning with long term vision (Kreitner, 2013, p.73). I would recommend Johnson to improve the organizational culture at J.C. Penney, provide artifacts of the company’s goals and culture. Artifacts can be easily observed, changed, and distributed. Communication and collaboration of employees is also very important.
This will help the company to prioritize and strategize the innovation, done by the research department. Lack of experience - Not everybody is impassive to be a businessperson. Analyze the strength and weakness of starting own business. It is important for entrepreneurs to self-starters who are great at arranging, sorting out, and settling on choices that can advantage their business in the long term. It is also important to pick the right business, which may not be the most gainful, but rather the one in which have the most interest and ability sets.
Human resource management consists of utilizing a mechanism (human resource system) to influence behaviors and actions of members of the organization. If I were the HR in Nordstrom, I would recommend to improve the system as follows: Acquisition of talents Centralizing the hiring system, HR department should conduct the hiring process under the same standard. According to Nordstrom’s corporate strategy, they need some one with entrepreneurial spirit to fit their positions. The HR department should base on this criteria to look for the people to join the sales team. It is very important to have the right person with the right skills and personalities on the right position.
They want structure and direction on the task given to them. You have to give them the task which need immediate results and a leader as they love to be a leader. They try to maintain their work and life balance. Do not try to call them after work time. Generation Y: These generation people feel more pressure than their older colleagues as they don’t prefer to spend more time in the workplace.
Strategic planning gives a clear framework with criteria for us to make day-to-day decisions. It also helps to identify fragmentary and unaligned choices and personal value judgments. This strategic planning encourages the commitment of the entire HO in order to achieve the planned results and this is why it is an important element in institutional cohesion. An organization that has better strategic planning and applies it consistently can help to raise up corporate reputation. A strategic plan is the systematic way that describes how your company applies the chosen strategy.
Managers should be particular in their criticism, letting workers know precisely what they did especially well and how they were particularly useful “Constructive criticism is a valuable tool in the workplace that allows individuals to learn and grow. But quite often people don't realize what a great resource
We all know and avoid the obvious career mistakes like procrastination, poor work performance and not being prepared for a meeting. We tend to assume that doing our job well should be enough to get us recognised at work and get us that promotion or that pay raise. Working hard and doing our best should be enough to rise in the corporate ladder, right? Wrong. In today’s corporate world it’s not enough to just do your job well there are a whole lot of other rules that enter the picture when it comes to advancing in your career.
Employees who are afraid to break rules may not take any risks, which means that innovation may suffer. Eventually, the creative individuals may become demoralized and leave to find interesting opportunities elsewhere. For relationship business culture their challenge is that relationship building can be time consuming and not always appropriate in a task-oriented environment, where critiquing subordinates in frequently
The success of any business in the field is determined by the frequent decisions made not only by the managers at top levels but also managers of significant projects. Decisions in business are closely affected by risks involved in the implementation of strategic business goals and general future plans. Therefore managers need to spend more time in the decision-making process so that the possible outcomes in future are successful. In business a good decision is recognized when the idea achieves two objectives, one being the desirability of each outcome delivered and secondly likelihood of the choices made in generating different outcomes. Generally, good decisions require good judgment as well as greater prediction of final outcomes.