Tuesday, October 29, 2019

Introduction to Organisations and Management Assignment - 4

Introduction to Organisations and Management - Assignment Example The various inputs in an organization includes human efforts in the form of workforce, financial inputs in the form of investments, informational inputs in the form of ideas and material inputs in the form of a structure and various equipment for the working of the staff. Utilizing these four inputs an organization is supposed to generate two major outputs, the first one is achievement of the set goals and targets which include production of quality products, provision of quality services and betterment of environment. The second output is the employee satisfaction. While working ‘employees develop a psychological contract with the organization which is based on expectations from each other, the managers and the organization’ (Schein, 1965). The expectations are always based on a feeling that the employee himself is contributing towards the success of the organization so he ‘considers himself entitled to enjoy the benefits of success’ (Armstrong, 2001). ... Since both the companies, Watsons Engine Components and H & M Consulting are operating in a global scenario therefore both are dealing with a complex dynamic external environment with large number of dissimilar external factors changing frequently. Political Factors: The political factors in case of both the organizations are same because both operate in a multinational scenario but H & M Consulting, being a large organization operating in different regions of the world have to adjust to various changing scenarios according the political situation of the region and therefore the managers in H & M Consulting encourage a flexible behavior and flexible approach to providing solutions to problems. While the organizational structure and approach at Watsons is rigid and conservative because it does not have to adapt to various political scenarios. This has created internal politics in Watsons while H & M Consulting is free from any kind of internal politics. Social Factors: Watsons is leas t affected by social factors because it is least concerned about the impacts of the organization on society, while various external social factors like the preference of technological advanced companies will reduce the customers of Watsons in near future. On the other hand the customers are very much satisfied with services offered by H & M Consulting because they have proper CSR programs, have incorporated technological advancement in their organization and are concerned about their repute in the society. Technological Aspects: The technology is advancing every other day but Watsons is not willing to incorporate latest technologies in its assembly line partly because of financial constraints and partly due to lack of initiative. As a result the company has a very so

No comments:

Post a Comment

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