This text discusses various topics related to contemporary management, including organizational culture, boosting sales, designing organizations, and managing change. It offers expert guidance and tips for improving productivity, attracting customers, and implementing effective change management strategies.
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Running Head:CONTEMPORARY MANAGEMENT Contemporary Management Name of Student Name of University Author note
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1 CONTEMPORARY MANAGEMENT Elevator pitch for topic 8: Question: How does the culture in the organization affect your productivity and performance? My response: I would take Sam to a coffee shop for discussing matters that bother him at job. Lack of innovation in the organizational culture is unfavorable for productivity and Sam, as a Manager of an IT company is only justified in wanting to foster innovation in staff. You could try taking their mind off the excess work load by introducing fun activities post work, this will help them exercise their imaginative faculty. They need a motivating team lead who will encourage them to perceive of new ideas and think out of the box for taking on challenging projects. Following the participatory leadership model will initiate the desired changes in the organizational culture. You need to get to know your workers more closely, it will help you resolve the conflicts. What you need is a good coordinator and a revised HR policy, so that workers are better able to address their internal issues. The possibility of innovation will only come with happy employees who are willing to grow themselves along with advancing the growth of the business. Elevator pitch: topic 7 Question:What are the effective strategies for boosting up sales and attracting a wider consumer base? My response:The reason why the customers are not responding to the unique services and the
2 CONTEMPORARY MANAGEMENT price matching is because we are failing to reach out to the potential consumers of the contemporary society. We need to keep in mind that people today spend most of their time online and promoting out products and services via online advertisement would be a wise strategy for coming to the notice of the consumers. We can also arrange for loyalty programs to retain the existing customers. In order to focuson increasing the sale of our products we can offer discounts, coupons and special offers for young customers. We need to target the young audience for securing a concrete market base. E-commerce is extremely in vogue so launching an exclusive android application that takes and delivers orders online will be readily welcomed by the old and new generation alike. Case study: topic 10, Designing organizations The concept of strong and weak cultures have been most classic in management theory. Considering the fact that most large-scale, successful firms in the world follow demonstrate co- ordination between work and thought in groups and divisions, itis only justified to employ design thinking to improve the corporate culture of an organization.1 The problem addressed is rooted in the structure of organization and definitely in the design of the organization. What is needed is the modification of approaches to designing organizations, only then there is any hope of eradicating the raised issue. The problem suggests the close connection between culture and organization, but the issue is linked with strategy as well. It has been observed over the years is that all big companies embrace innovation but with a 1Tran,Quangyen,andYezhuangTian."Organizationalstructure:Influencingfactorsandimpactona firm."American Journal of Industrial and Business Management3.2 (2013): 229.
3 CONTEMPORARY MANAGEMENT defined culture. What is required to be ensured is that people get on with their jobs happily and are ready take on challenges without feeling threatened. From what can be gathered from the case, Parivaar follows a weak corporate culture and the matrix structure of organization. The workers of the company has several mentors they go to for assistance on projects. The organizational structure of Parivaar would be more organic and this is partly due to the culture of the country where the company is based. India is a highly interactive culture that encourages team work and harmony in workforce. Bureaucratic culture of organization would not function as effectively as an interactive structure.2The company therefore would have a flat, team-based structure rather than a tall, autocratic one. The workers of Parivaar would be more efficient while working with teams, integrating with divisional focus and functional expertise. The system of reporting to two bosses might create a little confusion in the workers and trigger power plays among the supervisors. Things like independence and risk-taking are some of the factors the CEO of the company must look into for better production.3 Topic 11: Organizational change The case traverses with one of the biggest challenges that in the concerned subject, that is entrepreneurism. Managing change is a massive struggle in an entrepreneurial culture. The companyofthetopicisfamily-orientedandthenewCEOisattempttomakecertain organizational changes within the structure by implementing new designs. The challenges this person faces in mostly due to the fact that he/she is new to the organization and the old workers are skeptical of the intentions of the new entrepreneur. They might feel they are not empowered 2Fan, Joseph PH, T. J. Wong, and Tianyu Zhang. "Institutions and organizational structure: The case of state-owned corporate pyramids."The Journal of Law, Economics, and Organization29.6 (2013): 1217-1252. 3www.youtube.com. "MGT501 Topic 8 Shaping Organisational Culture & Topic 10 Designing Organisations Chrys And Simon".Youtube, 2018, https://www.youtube.com/watch?v=TcrwII6gbTU&feature=youtu.be. Accessed 13 Oct 2018.
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4 CONTEMPORARY MANAGEMENT anymore or they will be excluded from the decision-making process of the organization. Change is perceived as a threat since people have already made up their minds about what is doable and what is not. The entrepreneur has also to deal with passive resistances while the CEO of the company is not aware of the necessity of an organizational change.4The change management must be dictated by sound reason and judgment for avoiding any relapses in the system5. Sponsorship is crucial to change management since the sponsor is responsible for initiating the change with suitable resources and adequate support from the CEO. The entrepreneur must operate though the different levers of change management. First, she needs to come up with a unique communication plan for including each and every individual if the organization who are affected by the change. A structured plan of communication will present the right information at the right time, in a strategic channel and format. Following this, the entrepreneur could look after effective sponsorship for ensuring that the change sees success in the future. The management mustmakesurethatthesponsorvisiblyandactivelyparticipatesinthechangeand communicatesdirectlywithemployeesforconsultingbusinessmatters.Thesponsorship roadmap will provide the structure of the change and formulate the design of the change strategy. It must be kept in mind that employees will take notice of the initiated change when the senior leaders and the organizers demonstrate their commitment and diligence towards it. To reinforce the change and make it effective after implementation, it is important that all the employees are willing to participate and support the motive behind it. Next comes the Coaching Plan, which takes place between the supervisor and the employee. The managers need to communicate the messages about thechange and elaboratehowit directlybenefitsthe employeesof the 4Todnem By, Rune. "Organisational change management: A critical review."Journal of change management5.4 (2005): 369-380. 5Carnall, Colin.Managing change. Routledge, 2018.
5 CONTEMPORARY MANAGEMENT organization. They also need to manage and identify resources, the motive is to build strong relationships between the employees and the person they report to. This step has to be followed by the Training Plan, which will build the skills and capabilities of the workers. An efficient change management will recognize the gaps existing in the training requirements and develops a partnership between the training group and the management team. This is a suitable strategy for supporting individual change. Lastly, and most importantly there is the resistance management plan since resistance has been a major hindrance to successful change. The entrepreneur needs to identify the root cause of the resistance and look for ways to overcome it, seeking support and participation of the workers and managers. She can use the ADKAR model for reactive and proactive approaches for confronting resistance. After the creation of the plans, they have to be incorporated with different project activities as per the project plans.6 Bibliography: Carnall, Colin.Managing change. Routledge, 2018. Fan, Joseph PH, T. J. Wong, and Tianyu Zhang. "Institutions and organizational structure: The caseofstate-ownedcorporatepyramids."TheJournalofLaw,Economics,and Organization29.6 (2013): 1217-1252. Todnem By, Rune. "Organisational change management: A critical review."Journal of change management5.4 (2005): 369-380. Tran, Quangyen, and Yezhuang Tian. "Organizational structure: Influencing factors and impact on a firm."American Journal of Industrial and Business Management3.2 (2013): 229. 6www.youtube.com. "MGT501 Topic 11 Organisational Change Chrys And Felicity 25 9 17".Youtube, 2018, https://www.youtube.com/watch?v=GyZhGtLXu78&feature=youtu.be. Accessed 13 Oct 2018.
6 CONTEMPORARY MANAGEMENT Van der Voet, Joris. "The effectiveness and specificity of change management in a public organization:Transformationalleadershipandabureaucraticorganizational structure."European Management Journal32.3 (2014): 373-382. www.youtube.com. "MGT501 Topic 11 Organisational Change Chrys And Felicity 25 9 17". Youtube, 2018, https://www.youtube.com/watch?v=GyZhGtLXu78&feature=youtu.be. Accessed 13 Oct 2018. www.youtube.com. "MGT501 Topic 8 Shaping Organisational Culture & Topic 10 Designing OrganisationsChrysAndSimon".Youtube,2018,https://www.youtube.com/watch? v=TcrwII6gbTU&feature=youtu.be. Accessed 13 Oct 2018.