Wednesday, February 19, 2020
Influence of (items choose from the requirement) on the culture of an Essay
Influence of (items choose from the requirement) on the culture of an organisation and the way in which employees are managed 2235 - Essay Example Moreover, organizations are nowadays more inclined towards horizontal structure such team as compared to the traditionally preferred vertical hierarchy (Jackson, Schuler, & Werner, 2009). Change trends and patterns have led to the increased emphasis on the effective management of people. With these changes and patterns at affect, academics and the practitioners have increased attention towards the developing systems for the effective management of working groups and teams (John, 2002). Importantly, as a consequence of the teams and working groups, organization also increases the chances of the conflicts that require negotiations for resolution (Maybey, Salaman, and Storey, 1999). All this is critical in maintaining a healthy organizational culture in an organization. With this backdrop of the human resource management and the organizational culture with role of teams and working groups as well as conflicts and negotiations in an organization, this report is aimed at developed review of these aspects on theoretical grounds and its organizational implications. In groups individual task is important but in team to achieve the goal of overall team is more important, which means everyoneââ¬â¢s outcome is more important as compare to individual outcome (Kramar, Mcgrew, & Schuler. 1997). In group individual was accountable for his performance but in team, every team member will be held accountable for the performance. For the guidance of the team so that it works in a flow and with high productivity team leaders are being selected from the senior managers. A work group consists of two or three people who belong to same department but divided to achieve different task of that department (Newman, & Hodgetts, 1998). For example, one employee is assigned to conduct marketing research; another employee is assigned to do a marketing campaign of their product. Although it is a group work but in this an individual is responsible for his own act and every group member is
Tuesday, February 4, 2020
Interpersonal and Transferable Business Skills NEGOTIATION Essay - 1
Interpersonal and Transferable Business Skills NEGOTIATION - Essay Example Currency exchange rates can fluctuate greatly over time, so it is within the best interests of both parties to come to some kind of arrangement. On the one hand, the Czech manufacturer can still receive ongoing work. At the same time, the American company can pay a fixed rate, something which would make no difference to the Czech manufacturer because of the need to pay in Czech crowns. 2. If negotiation is not an option, then the American company could attempt to take the Czech manufacturer to a tribunal or hearing to resolve the issue. Perhaps the agreement could be renegotiated to take into account that the currency exchange has changed immensely since the agreement was first made and it will continue to do so in the following years to come. A renegotiated contract could include or fixed exchange rate or a stipulation that the exchange rate be looked at on a bi-annual basis. 3. Finally, if all else fails, the American company may have to raise its prices even though this will likely have the knock-on effect of losing some market share to rival competitors. If the company kept losing money, then it may have to shut down, and this would negatively impact the Czech manufacturer because there would be no more work forthcoming. For the relationship to continue, ideally a compromise has to be made. It may be that payments are made in Czech crowns one year and then US dollars the next to make everything fair for both sides. In this situation the ball is really in the Czech manufacturers court because the long-term agreement cannot be broken and the fluctuating exchange rate is of little concern to them. Based on the present situation, there are three options for the Czech manufacturer to choose from: 1. The Czech manufacturer could insist that the American company adhere to the terms of the original deal, which was that they be paid in the local
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