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Business Perspectives: Organizational Culture, Structure, and Ethics

   

Added on  2023-04-08

11 Pages2330 Words248 Views
Running head: BUSINESS PERSPECTIVES
BUSINESS PERSPECTIVES
Name of the student
Name of the university
Author note
Business Perspectives: Organizational Culture, Structure, and Ethics_1
1BUSINESS PERSPECTIVES
Table of contents
Introduction......................................................................................................................................3
Background of the company............................................................................................................3
Methodology:...................................................................................................................................3
Organizational vision and values.....................................................................................................4
Organizational theory implemented by the management of CBA...................................................5
Ethical practices in the organization:...............................................................................................6
Management functions and its impact on politics and social environment.....................................7
Conclusion:......................................................................................................................................9
Reference list and bibliography.....................................................................................................10
Business Perspectives: Organizational Culture, Structure, and Ethics_2
2BUSINESS PERSPECTIVES
Introduction
Managerial function has strong contribution in case of driving the organizational
productivity and the trade outcomes (Gilman, 2018). Depending on the emerging changes and
risk managing abilities of the organization, the organizational growth is being measured. The
purpose of this study is to propose a management framework, by critically analyzing the
organizational, culture, organizational structure and ethical practices and those impact in the
social and political environment. In order to conduct the research framework, organizational
practices of Common wealth bank Australia has been analyzed. Using case study analysis, the
entire research framework work will be introduced. By highlighting different strength and
weaknesses of the managerial operations of the company, strategic recommendations will be
provided so that the company can be able to easily overcome the situation.
Background of the company
The Commonwealth bank was established in the year 1911. The company is popular for
providing the financial services and managing the funds, investments and broking services. With
increasing business opportunities the common wealth bank has increased its revenue A$ 26.05
billion in the year 2017 (Commbank.com.au, 2019). The company has developed its 1100
branches with 51800 numbers of employees across the world.
Methodology:
In order to propose the research framework, secondary data analysis will be done. In
order to collect the statistical information regarding the company structure and its organizational
behavior, the secondary information will be collected from different case studied. In order to
understand the role of management and different operational activities, the secondary data will
Business Perspectives: Organizational Culture, Structure, and Ethics_3
3BUSINESS PERSPECTIVES
be collected from organizational websites or authentic journals. In order to conduct the research
framework, deductive research approach will be chosen. In order to analyze the collected
information qualitative data analysis method will be applied. In case of using the deductive
research approach, existing theories and models will be proposed by critically highlighting the
organizational structure. Inductive research approach will not be chosen as in this research, none
of new model or theory will be discussed (Yin, 2017). By continuing this it can be said that using
the positivism research philosophy, the research will be developed in scientific manner. On the
other hand,. It is also true that based on the positivism research philosophy, it will be easier for
understanding the research depth and issues and those impact on the organizational growth.
Based on the descriptive research design, the entire research information will be discussed in
descriptive manner so that the clear guidance regarding the Common wealth Bank organizational
policies and structure can be understood (Webb et al., 2017).
Organizational vision and values
Analyzing the vision of common wealth bank, it has been identified that the company
aims to provide superior quality of service so that the stable economic growth can be maintained.
By continuing this, it can be said that the company also focuses on creating strong values so that
the capabilities of the employees can be increased through the satisfaction of the stakeholders.
Examining the values of the company, it has been identified that commonwealth bank aims to
provide the satisfactory experiences to the individuals so that their loyalty towards the
organization can be maintained (Hazen et al., 2016). By continuing this, it can be said that by
ensuring the effective service the company ensures the strong organizational culture to the
individuals who work here. In order to achieve the positive financial growth, Common wealth
bank has focused improving its organizational culture so that positive environment can be
Business Perspectives: Organizational Culture, Structure, and Ethics_4

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