Critical Business Issues And Self-Evaluation Essay

Critical Business Issues And Self-Evaluation - Essay Example The global business environment is constantly changing by the day, and these changes impose certain limitations and requirements on the present day organizations; the successful organizations are those that are able to make appropriate adjustments in response to the changes taking place around them. Inability to respond to these changes undermines organizational effectiveness, leading to utter losses and organizational failure accordingly; in this respect, excellent managers are able to make intelligent trade-offs in pursuit of performance and sustainability in the long term. In the current global system, therefore, adaptability or, the capacity to change in the face of increasing pressure in the highly competitive and complex global business environment, is a fundamental precursor to the successful business. As it stands, organizations today are increasingly facing new challenges, and the role of managers has changed drastically from the traditional one since they have to find new w ays of addressing new challenges that beset their organizations today. In this respect, one of the greatest challenges faced by organizations today is the establishment of the right kind of leadership that can yield new innovative approaches to addressing current organizational challenges. Organizational management has to ensure that organizational goals and objectives are met in the most efficient ways possible, even as it strives to steer the organization towards that desired future state, where performance and sustainability are guaranteed. Due to the changing global business environment, particularly as a result to the increased global interconnectedness that has emerged following globalization and technological pressures, organizations have inevitably found it hard to continue operating in their conventional ways. New situations at the workplace have demanded completely new approaches to solution finding and organizations have come under great test as they have been subjected t o rapid changes that have necessitated rapid responses. The highly dynamic and complex business environment today has, therefore, instigated the evolution of the role of managers and leaders today; the changing roles of managers is a function of the new order, which requires that managers adopt new approaches to addressing organizational challenges. Apart from the changing role of managers, the other theme of fundamental importance at the workplace today is teamwork; successful organizations are those that are able to leverage on the pooling of talents, skills, and knowledge of teams to accomplish their organizational objectives. Teams possess greater capabilities as opposed to single individuals working independently because they bring together individuals who are jointly working towards the achievement of common objectives through shared commitment and mutual sense of purpose. Leadership, is a great organizational challenge today, particularly because, organizations seeking to res tate their presence in the global business space need to adopt a new kind of leadership capability that can reframe challenges, interpret options, and provide direction by reforming organizational operations (Powell 2007, p.2). The challenge of leadership, especially in these turbulent times, is becoming real by the day since organizations cannot continue to rely on conventional approaches such as restructuring and reengineering alone.  

Management 4330 Essay Example | Topics and Well Written Essays - 1500 words

Management 4330 - Essay Example Kathryn eventually leads the team to acceptance of their difference and corrections or criticisms from their individuals. In fact, the final retreat or meeting reveals a team that openly corrects one another. They follow her decision to correct other egocentric employees like Mikey, who could not take criticism from her peers (Lencioni 64). Therefore, Kathryn used trustworthiness as a tool to do away with mistrust problems like backstabbing and lack of openness. Effective teams nurture others and encourage team work and the attribute was missing in the previous leadership at Decision Tech. The underlying assumption is that teams that encourage group work outperform than individuals working alone. The attribute was previously missing in Decision since the members had bad relationships and poor communication. All problems within the company are as a result of the team’s inability to communicate clearly. Kathryn inherited a team where individuals are more self-centered and put their ego before anything in the company. For instance, Mikey, the head of marketing, has trouble communicating what she feels about others in the company (Lencioni 20). Others like Jan, with her experience in finance management, looks down on others and also treat company money like hers. When firing the head of marketing, Kathryn confirms that the manner in which the marketing head behaves affects the morale of the team. The new CEO also complains that Mikey doe s not consider how her behavior might affect others. The previous team was so self-centered that the members could not event confront each other in meetings. At the group formation stage, the team always develops some norms where some are good while others are bad (Whetten and Cameron 498). At Decision Tech, Kathryn inherited a dysfunctional group with unique behavioral norms. One of the behavioral norms in the previous team was is the illusion of invulnerability. The team believed did past success and was