2. How to develop a total compensation strategy. Step 1: Assess total compensation implications * Competitive dynamic Emphasize on how the organization plan to compete and survive in the industry. Therefore, the company should have the ability to cope with the turbulent competitive dynamic and focus on important factors in the environment today such as changing customer needs, competitors’ actions, changing in labor market conditions, changing laws and globalization. * Culture values The pay system mirrors the company’s image and reputation.
Organisational Behaviour - Culture The aim of this paper is to examine the role culture plays in an organisation. We would be looking at what influences organisational culture play in shaping the culture of an organisation, how cultural role modelling by leaders may influence the creation and development of an organisations culture and showing how the understanding of culture helps us to understand more about the life and people that work in the organisation, this would also be explored. This paper will focus on the impact culture has on an organisation because for any organisation to thrive successfully, they would need to be able to understand the importance of culture and how it affects productivity and learning at all levels. When an organisation is created it becomes its own entity and its culture becomes the foundation on which the organisation will exist. Every organisation has its own unique culture, though they might not have consciously created it; but it came to be through the values of the management or the founders.
Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. Ethics and social responsibility of a business effects wide groups of stakeholders. Stakeholders that include employees, investors, shareholders, suppliers and customers will be influenced by the formulation of strategic plan. The ethical responsibility of the business reaches beyond the responsibilities to stakeholders, it also impact the community and many downstream industries that may be affected by the plan. Ethical considerations must be given by managers as to how the strategic plan will influence the stakeholders.
Understanding organizational behavior helps one to better understand how people feel, think and react in a well structured organizational environment. Employee behavior can have an impact on the behavior of the other employees. This paper discusses the terms and conceptions of organizational behavior. An organizational culture is an essential part of a company that separates one company from other companies.
Learning Outcome 1: Understand the organisation’s ethical and value-based approach to leadership 1.1) Evaluate the impact of the organisation’s culture and values on leadership Types of organisational culture Culture refers to the type of values that the organisation has. It is concerned with what is seen to be important. The organisational culture influences the way people behave towards one another and it also affects the management style of the organisation, i.e. whether people believe they can participate and influence situations inside the organisation, and the approach adopted to both customers and suppliers. Within different areas of an organisation we may find that different cultures operate.
B. corporate culture can be managed by directly modifying the observable culture, shared values, and common assumptions that deal with issues of external adaptation. C. good managers are able to help build resilient cultures in situations where the features of strong cultures are absent. D. corporate culture can be managed by using organizational development techniques to modify specific elements of the culture that address both external adaptation and internal integration. 5) The __________ culture includes the unique stories, ceremonies, and corporate rituals that make up the history of the firm or a group within it. A. observable B. shared C. latent D. common 6) Organizations are encouraged to develop a dominant and coherent set of __________.
Unit 328 – plan and organise meetings 1.1 | Can you describe what is meant by internal customers? An internal customer is a customer within the organisation (e.g. employee) or directly connected (service provider). Internal customer service needs to be high quality as this reflects the quality of service they provide to external customers. This can be done through good communication between internal customers, reducing frustration between colleagues which can affect service of external customers – risking damage of image.
ORGANIZATIONAL CULTURE WHAT IS ORGANIZATIONAL CULTURE? Organizational culture is a system of shared assumptions, values and beliefs that governs how people behave in an organization. “A set of understandings or meanings shared by a group of people that are largely tacit among members and are clearly relevant and distinctive to the particular group which are also passed on to new members (Louis 1980).” HOW DOES CULTURE IMPACT MEMBERS OF AN ORGANIZATION? * Organizational culture gives members a sense of identity and belonging to the organization. * Organizational culture facilitates commitment and dedication to the organization from members which gives them reason to be efficient in towards achieving the common goal of the organization.
It is still possible for organizations to have cultures of their own as they possess the paradoxical quality of being both ‘part’ of and ‘apart’ from society. They are embedded in the wider societal context but they are also communities of their own with distinct rules and values. Point 2 – Organizational culture and strategic management Culture has long been on the agenda of management theorists. Culture change must mean changing the corporate ethos, the images and values that inform action and this new way of understanding organizational life must be brought into the management process. There are a number of central aspects of culture: There is an evaluative element involving social expectations and standards; the values and beliefs that people hold central and that bind organizational groups.
According to George and Jones, (2009), personality is the pattern relatively enduring ways that a person feels, thinks and behaves. Personality is an important factor in accounting for why employees act the way they do in organisations and why they have favourable or unfavourable attitudes towards their jobs in organisations. Personality is a set of enduring traits and characteristics that relate to a person’s emotions, motivations interpersonalinteractions and attitudes. It is meaningful to management because employees’ personalities detect how well they will perform their job. (www.referenceforbusiness,com) personality has been shown to influence career choice, job satisfaction, stress, leadership and some aspects of job performance.