Sunday, June 16, 2019

Management(importance of planning, organizational design challenges, Assignment

Management(importance of planning, organizational design challenges, henry ford-mass production) - Assignment ExampleAs Thompson and Frank (129-130) point out, choice planning is compulsory for any organization that aims at surviving in the contemporary business environment. In any business system, organizational resources are rare and proper planning is necessary to optimize their output. The management has role to plan on the allocation of the human and financial resources in the most convenient behavior to maximize the output. To accomplish the stated objectives, planning will be necessary to guarantee that these objectives materialize. In the absence of planning, the organization will fail to achieve its goals, which is break dance of business failure.Hornby is one of the organizations that embarked on effective business planning to survive in the competitive toy industry (Thompson and Frank 140). The organization suffered from the forces of competition in the market until wh en it engaged in proper strategic planning. The organization set its goals, and planned on how to use its limited resources to attain its laid goals. Optimal use of resources and work planning ensured its survival. In this light, effective planning is a necessary competence for any organization.In the contemporary business environment, business design is the surgical operation of configuring structures, processes, systems and people practices in such a manner that all business strategies are accomplished. The process of business design is complex and managers should prepare to face challenges as they develop their strategic plan within the organizations. The changes evident in todays business structures poses new challenges to the management team while implementing their design decisions. angiotensin converting enzyme of the challenges that face organization managers while conducting business design is complexity of organizational roles. In the organizations role, the managers aim at matching the employee with their most

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.