Monday, February 24, 2020

Organization communication and behavior (Australia) Essay

Organization communication and behavior (Australia) - Essay Example People tend to disregard the purpose of their organization after a certain period of time in the quest of expanding, inventing new products and to gain larger market share. They create products or offer services that are absolutely unrelated to their core business. This can be a disaster! Drifting away from one’s mission statement gives a reason to the public to doubt that organization, its abilities, potential, competencies and its plans. It is the mission statement on the basis of which organizations devise their long term goals and strategies that are essential for organizational success. It generates a state of direction and creates synergy, aiding performance evaluation of the company to seek the extent till which it is aligned with its core objectives. A mission statement provides the basis for planning, motivating, coordinating and controlling activities within an organization. Abiding by the mission statement the company decides upon its long term strategies not deviat ing from its core purpose. These strategies may include expansion strategies, acquisition, product development and market penetration strategies etc. All of this is done in context in the presence of a mission statement. It helps to reaffirm what a firm is striving to achieve and how. One should always keep the mission of the corporation in mind because straying away from it can be catastrophic as it creates doubts in the minds of the consumers which can lead to destroyed business and can leave irreparable damages to the reputation of the company. An ideal mission statement should be inspiring to employees. It brings motivation within staff as their purpose crystallizes and they see their value of contribution. It is the first step to consider while deciding upon the strategic management model for the company. It is when we state our purpose and desired future we are more likely to achieve it. It’s not that an organization cannot alter its mission statement with time. As chan ging era and trends bring about new needs and requirements that the company has to respond to. Demands brought up by the changing environment and business needs have to be addressed in the interest of the organization itself. They cannot be overlooked or ignored because they have the tendency to destroy the organization and make it obsolete. So, with time as demands of the customers change the company has to also alter its vision and mission, policies and business processes to adapt to those changes. Hence an organization may make changes to its mission as the need arises. However, very frequent and big changes made to the mission may cause confusion and doubts in the consumers mind. A company that is confused about its purpose of existence seems to be unreliable and is criticized. Multiple alterations to the mission and purpose weaken the reputation of the company and reduce its employee morale. Robert Kiyosaki in his book Rich Dad, Poor Dad tells us â€Å"The process is always th e same. You need to know what you’re looking for and then go look for it.† B. Vision and mission are the manifestation of a firm’s strategy. They are the most obvious reasons represented in the form of statements that a firm proposes as a reason for its existence. There has to be a unanimous belief so everyone in the organization has a single direction to work in. Mission and Vision is for everyone to read and understand the reason for the firm’

Saturday, February 8, 2020

Chapter 8 summary-business ethics Term Paper Example | Topics and Well Written Essays - 1250 words

Chapter 8 summary-business ethics - Term Paper Example Moreover the concepts of business ethics have been successfully illustrated with many of the examples from business world. A person becomes liable to a firm when he signs the contract at the first place when he is employed. A contract that is signed at the time of hiring sets the rule for an employee. The rules must be followed by the employee in any case because it is agreed by both the parties. An employee is liable to reach certain targets in order to get fair remuneration. The clauses of a contract not only includes the framework that is supposed to be followed by an employee but it further includes even the smallest matters such as holding the prospects regarding dresses clearly. There is always a combination of comments and acceptability when it comes to loyalty towards the company from an employee. Some of the writers of business ethics believe that an employee needs to be highly loyal to the company whereas on the other hand it is believed that there is a non acceptance of the fact that loyalty should be exercised to the diminished social life of an employee. It is quite depending upon the nature of the job and what type of the organization would an employee would be working. There are some of the jobs nature that require over times. The need of defending the interest of an employer is far more significant and required than just being loyal to the company. There could be a certain points and instances where the interest of an employee would surely collide with the interest of an employer. In this chapter, the issues between the interest of employee and employer have been referred to conflict of interests. The conflict of interest of could be in terms of employee’s desire of wearing clothes the way he wants, coming late at work or could be a conflict in the attainment of remuneration. The conflicts could be solved for sure but there could be instances where the conflicts would be unacceptable for the company