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Before taking this course I have never thought about what company I would like to work for and how the culture in one company can be totally different from the culture in another. The course started and this project in particular started me thinking what I want from the company I would like to work for and what I am willing and able to give.
At this point in my life I don’t think the business of the company is very important and maybe my perspective will change with time but at the moment it is not important if I work for a company that is engaged with construction, trade, accounting or something else. It is important that in this company I can put in good use my knowledge and continue learning and developing and that the environment inspires me to do that. If I am practical I would say that the business of my dream company should be accounting or auditing because I have more practical knowledge in this spheres. My ideal company is stable and constantly striving for success but not at the expanse of the community’s welfare.
The employees are the heart of every company in my opinion and my dream company must be a place where they are perceived as the greatest asset by the owners. It is also a place where a healthy work environment dominates and where employees are encouraged to continue to self-improve. The owners of my dream company can expect loyalty from their employees and continues efforts to exceed their expectations.
In my dream company management will consider needs and interests of all connected in some way with the organization, not only those who have directly financial relations with the company’s profit. Managers will be good role models for their subordinates and good leaders. In my dream company managers actively ...
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...s with proper etiquette and communication. This can lead to very tense working atmosphere in the company and lower productivity. However, in my dream company these relations will be supportive and oriented to communal help in order to overcome the differences people at different stages of their lives might have. I want to work in a company in which management takes actions orientated at answering the expectations of each group and improving comprehension between the different generations and the conjoint aid in solving problems cussed by the distinctions in the generations.
To sum it up, my dream company is quite idealistic. It is a socially responsible organization with corporate culture based on mutual understanding and support. The managers of this company appreciate their employees and encourage their further growth in both their professional and private goals.
What I love about my course is I am able to apply what I have learnt to real business scenarios. I have enjoyed exploring how different businesses operate, such as Cadburys, Timpsons, Tescos, a Coco bean plantation and many local businesses. I have done this through evaluating their marketing strategies, management styles, recruitment processes and strategic decision making. This has enabled me to understand different organisations in terms of their aims and objectives and vision to
...understand the benefits of working together toward a common goal, setting aside the traditional roles of manager and subordinate and hopefully opening up the workplace as a creative outlet for all who work there.
What makes a company great? This is one of those pithy questions--like "What is great art?" or "What is great leadership?" that defy a simple response. Are companies deemed great because they have made buckets of money, or because they have made their employees happy? Are companies great when they make an impact on Wall Street or when they make an impact on the world? As a general rule all-visionary companies jealously preserve strong, and sometimes fanatical, corporate cultures even as companies adapt to rapidly changing times. Visionary companies heavily promote executives from within, constantly set lofty goals, and surprisingly, CEO’s are rarely charismatic. Moreover, visionary companies drive to make an impact on society, not just to make profits. This research project will serve two objectives: first to define what constitutes a visionary company, and then to show a comparison between a visionary company and a non-visionary company.
Moreover the leaders think about the changing industry environment, and try to analyze, understand and predict how their competitors will likely to behave in the industry with every change. The organization leaders look at how the organization can successfully innovate, and shape their strategies and their business to compete and succeed in the market. The vision can be tested by appropriate market research, on their side and the market side also, to find the risk possibilities, and the best way to reduce it or avoid it. Therefore, leadership demand a hard work, like planning step ahead, problem solving, and not being satisfied with what is in the table, and how things are, but to try to improve for the best.
8. If I were the CEO or the founder of a company I would want to be a fair, straightforward and motivated leader. A leader that is not only appreciative of his employees but I will make sure that they are happy and treated well within my organization. The way that I will create this image is by going above and beyond my duties, reaching out and listening to the feedback of my employee because I believe that they are in fact one of the most important part of my business. Holding open to suggestions meetings or doing employee of the month. My mission Statement would be “help me help you”.
The social hierarchy is important and members of the society are expected to conform. One way is showing respect for one’s elders, for example, the oldest member of a group is served first and their drinks are poured for them (AngloINFO, 2014). This mentality is common in the business world as well. Promotions are usually based on seniority and people often work at one company their entire lives. This way of life brings satisfaction and pride to the people (Aliasis, 2013).
I would desire that the company generates profits as that what keeps an organization going forward. It is vital to strive to keep the business as profitable as possible without violating any ethical standards. Customer service is an integral part of management philosophy as customers are important to every business. As a manager, it is vital to creating products and services that meet the actual and perceived needs of clients. Management requires thinking of the external environment since there is a significant change in the environment where the organization operates and there is a need to alter the life of the business to ensure that it reflects the changing
As a matter of fact, the manner in which they handle their children at home, managing their expectations should be the actual case in the work places. The generation Y employee is a constrained bomb of ideas, innovations, and expectations which only then transforms to expectations. The point is, these young employees have abilities that lack capacities. So now they look unto the generation X, the management to feed these capacities, as much as they may do this in a shrewd manner definitive of their expectations (Vaiman & Vance, 2008) Ideally, the generation X should be ready to embrace change in whose case the models of change should be very instrumental to help them manage the generation Y and their ideas and suggestions of change. The synthesis of the two conflicts now becomes the fusion of cultures to end up with a stable understanding of procedures for the young employees and a modern inception and injection of modern ideas into the long held organization cultures,
Management writes the rules and sets the goals for the organization. Management is often critical of failures and expects only success" (Kumle & Kelly, 2006, p. 11). Management handles the day-to-day complexities of organizations. Budgets, planning, meeting with investors, organizing, and maintaining company traditions all fall under management responsibility. As an organization grows managers tend to lose touch with employees. Managers think in terms of profit, goals, and company growth. Management operates on a need-to-know basis and can easily incite fear in their subordinate employees. Rumors of downsizing or a change in an organizations direction can often be eliminated by managers being more open with employees. Management has a tendency to protect itself at the expense of others. According to Kumle and Kelly (2006), " many managers are overly concerned with fitting in and not rocking the boat, those who emerge as leaders are more concerned with making important decisions that may break with tradition but are humane, moral and right" (p. 11). Good managers are also good leaders and tend to hire good leaders to represent them.
Today in the business world there are many successful business men and women that succeed in their own areas of business. The main reasons of their success are of their aspects on managing their company from taking risks to motivation and commitment. A successful manager is also a leader to the other co-workers and employees of the company; he/she must guide and lead them to success and happiness.
...ew it in different perspectives. The outcomes were surprisingly insightful and greatly enhance my contribution towards the development of our business plan. It allows me to look back on what has been done and learned from what did or did not work out. In other words, it helped me to see both the positivity as well as the negativity in our ideas and thus stimulate improvements. This assignment also cultivated a sense of team spirit through teamwork and boost creativity through the development of thinking outside the box. Therefore, this assignment has definitely aid my knowledge in developing skills such as writing up comprehensive critical reflection and evaluating the risks of certain business ideas. Aside from that, I have also managed to deal with people from different cultural background through teamwork and develop unique business ideas and market strategies.
From Childhood, we grew up with a dream to become a respectable person and hold a responsible position in a prestigious firm. To me, I always dreamt of holding a managerial positions handling people and driving the Organization. I started understanding the in and out of becoming a Manager after enrolling in Engineering Management Graduate program, especially Organizational Behavior.
...The importance of the generational mix within an organisation is that it brings about inclusivity and helps generate new innovative ideas that could bring the organisation to its sustained competitive advantage. With each age group with its expectations by interacting with one another, there is knowledge and experience exchange.
For the first time in history, there are four generations of people working side by side in the workplace. Think about your place employment and the different people who work there. It is sometimes hard to get your point across to someone in a different age generation. This especially becomes a problem in the supervisor employee relationship. In order to effectively communicate with your peers, you have to understand the context in which they view the world. This problem is a real concern for managers. There has even been a Center for Generational Studies created.
Taking this class this semester has really changed the way that I have viewed myself when it has come to work and the different companies that I have worked before. I have taken a psychology class before but I have never taken one that relates to management and organizations. This class has really helped me answer different questions such as why I was unhappy at some jobs, enjoyed some managers over others, and what motivated me to work hard at jobs. It’s good to learn that there are different terms and definitions for different feeling and things I experienced at jobs to know that their other people experiencing these things also. I will be going into a management position after I graduate, and this class helped me to learn many different ways to go about managing and things to avoid to keep a positive working environment.