Tuesday, May 5, 2020
Significance of Managers in Achieving Organizational Success
Question: Discuss the significance Of managers in achieving organizational success for a company. Analisys on how size and strategy of a company can affect its organisational structure. Answer: Introduction Every management of any organization has to bear some accountability and responsibility to ensure that the organization able to fulfilled its objectives. Setting objectives, controlling work, reviewing results, applying corrective action and providing an environment that stimulates and motivates their employees to achieve their goal are the Management activities. Manager Manager is an individual who direct and delegates the work of their subordinate to achieve the organizational goals. His achievement is not personal but helping other subordinate to do their job perfectly. There are different level of Managers are classified in the organization (Romme and Barrett, 2010). Top level managers are the board of directors, president, vice-president, CEO, and other similar positions. They are accountable for planning and directing the entire company. Middle level managers are mainly general managers, branch managers, and department managers, all of whom are responsible for the top level management functions of their departments. There work is mostly coordinating and organizing their subordinates. First level managers are including supervisors, foremen, and similar positions. They mainly are focusing on staffing and motivating activities. Management Management is define by the individual who organize an companys structure and decide that at what way different opportunity of the company will interact. It is mainly have some basic functions: planning, organizing, staffing, leading, controlling, and motivating their employees to fulfill their organizational goal. There are numerous steps of management will coordinate in different parts of this structure process, which starts with higher level management creates the very first level organizational architecture and structure (Hewlett, 2013). Organizational structure mainly architect is mainly a function based on systematic process and according to that searching the different parts of organization that can ensure that these people are function together as an effective and efficient in the entire process. Now days companys architect is not so fixed in modern organizations. Management should effectively adapt organizational design to many technological improvements, challenges, and opp ortunities to settle down all competitive output. Organization An organization is a particular arrangement of individuals to achieve many specific goals, which is composed of people who develops some particular structure for members to do their work. There are some features are important to define an organization, the definition for an organization is changes with the time frame (Mead and Gruenberg, 2013). The feature of new organizations of nowadays includes flexible employee work teams, work arrangements, and open communication. There are more open and flexible changes in organizations. Its changing by following changes all around the world. These economical and technological changes in environment successfully enhance the achievement of the organizations (Woods, 2007). The Significance Of Managers In Achieving Organizational Success For A Company Sometimes managers are motivating and inspiring their subordinate. Sometimes employees are not motivated by their managers. There are many industry have created the ultimate techniques of creating bad manager. Real managers are having needed to understand the right techniques of being more efficient. Whenever employees decide to quit their job, the main reason behind that is their relationship with managers and subordinates (Estrada, 2012). An efficient manager takes accountability for ensure that each person in his department achieve their goal. Successful managers want both talented and skilled people. Management skills are all about developing people through training, mentoring, and experience. The entire efficient manager and their peer are identified and developed in a proactive organization. There are many successful traits of management for example relationships, development, communication etc. COMMUNICATION A manager with strength and load communication capability is able to delegate work with that he should be a good listener. Managers are maintaining their capability through their effective communication. Conversely, those who are not able to communicate effectively can miss the opportunity to be a successful manager in the organization. Leadership Leadership skill is a very important trait of most of managers is not able to get the title of a leader in the organization. It is very simple framework for organizations to enhance the capability of employees achieve the goal. Good leaders are always able to provide trust to their organization, employees, and peers (ErÃâà ulj, 2009). Adaptibility Adaptability is an ability to contribute to a managers efficiency. A good manager is always able to adjust an unexpected circumstance quickly. Adaptability can also define as a means that a manager can think creatively and get the solution of any problem soon. Relationship Building Relationship building is an initial feature of an efficient manager who is able to make a strong relationship with their peers and colleagues Developing Others Manager who have good attitude always having features of developing others. They always have that understanding that employees under him need more development over the period of time. Developing Themselves An efficient manager is always having knowledge about their own development. Good managers always have willingness to grow and learn. They are always trying to enhance their behavior with their fellows and colleagues Analisys On How Size And Strategy Of A Company Can Affect Its Organisational Structure Organizational structure is the design of an organization which is used by their management and through communication processes to follow the companys policies and rules (Drewitt, 2012).Some internal and external factors are hazards the organizational structure of the organization. Size Of The Business Size of any organization is a driving factor for any kind of big and small business. Home based and smaller business never need of a proper organizational structure but other registered organization have framework of organizational structure of an organization (Enkel and Goel, 2012). All kind of specialized business operations have requirement of much formalized organizational structure For example: the company structure for food market industry having strategies size of organizations and about their local institutions and about their allocation of their share of production. Strategy Of The Business Every time in corporate organizational structure development is an big factor for making a business strategies. If highly growth companies are having small organizational structure they are not able to compete in the market with their competitors companies (Champoux, Durgee and McGlynn, 2012). For example: resources are controlled by an individual or a corporate body with recognized rights and duties. Business management people should have managerial control on business operations. And their strategies should be very clear at the time of their business operations. Time to time company need to change and fluctuate their organizational structure. Discuss Tescos current mission, vision and corporate strategy. Mission statement of TESCO is Creating value for customers, to earn their lifetime loyalty. Vision statement of TESCO To be most highly valued by the customers we serve, the communities in which we operate, our loyalty and committed staff and our shareholders to be a growth company, a modern and innovative company and winning locally, applying our skills globally. Corporate strategy of TESCO is begins by Terry Leahy took over as CEO, TESCO began marketing itself using the phrase The TESCO Way to describe the companys core purposes, values, principles, and goals. Company expanded homely and internally focus on people of TESCO. The core part of the TESCO is their strategy about their customers and company. Suggest and explain the process that can help Tesco to formulate its corporate strategy for the year 2015. The strategy planning of the company TESCO is not able to arrange its resources to achieve its strategic goals. There are some strategy is made to achieve the goals of the company by evaluating their customers satisfaction in 2015 (Ayesha, Hassan and Aboki, 2014). Seven part strategy Focus and tactics Company need to grow in U.K. by re-settle their business. Company need to increase their labor power which is suffering from 2 years and rearranging their business again with opening of stores in different cities and do more promotional activity on behalf of the company. Company need to enhance the brand name of organization. Company need to provide more quality products and services to their customers in a very affordable price. Company need to starts online business as well for more profit According to the news about international transactions of TESCO is 30% in 2012. To generate more profit company need to arrange more profit for the business in some more countries. Company need to generate more services in all To grow retail services in all markets. With the highest performance company generated in 2012 may be give advantage to company for future more future stores in the market. Company need to fulfill their responsibilities towards customers. TESCO company always fulfill their responsibilities towards society efficiently Company need to generate more teams to give more valuation to their business. Employees of the TESCO company are the most important assets of the organization who provide valuable service to their customers. Company need to be expert in selling their all products. Products of TESCO is the most important to sell at a right way in the store and as well as online. What do you understand by the term Organizational Culture? Can Tesco improve its performance by changing its culture? Discuss. Organizational Culture Organizational culture is way or a framework of culture in the organization for their employees who all are connected to the company (Anderson, 2012). According to report of Useem (2001), the CEO of TESCO the leadership style of the CEO of the organization is full of responsibility and accountable; because of the ultimate performance of him company is able to make difference in their organizational culture. Features of the human behavior are the main role player in the retail sector, by taking help of the socially open people and developed their communication ability. These activities will help company to make their rapport in the market in front of their competitors (Brannen, Moore and Mughan, 2013). Conclusion In retail sector one more name added is TESCO. According to speech of CEO of the company says, that success never come by chance, for more creative and efficient results company has to work hard for sure. Company always has commitment to achieve their objectives and strategies successfully. According to all aspects of business said that monitoring and analysis of every step of business is really necessary (Bipath, 2014). 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