Technical Business Growth Management

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This paper explores the concepts of organizational theory, business environment, organizational development challenges, organizational structure, culture, and social responsibility in the context of technical business growth management. It offers a self-reflective viewpoint on the changing business environment and the importance of stakeholders in organizational development. The paper also discusses global strategies, technological advancement, change management, organizational decision making, and conflict management for organizational development.

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Running head: TECHNICAL BUSINESS GROWTH MANAGEMENT
Technical Business Growth Management
Name of the University:
Name of the Student:
Authors Note:

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1TECHNICAL BUSINESS GROWTH MANAGEMENT
Table of Contents
Introduction:....................................................................................................................................2
Self-reflection:.................................................................................................................................2
Organizational Theory and Their Global Growth.......................................................................2
Business Environment and Stakeholders.....................................................................................3
Organizational Development Challenges....................................................................................4
Organizational Structure, Culture and Social Responsibility......................................................5
Global Strategies and Technological Advancement....................................................................6
Change Management for Organizational Development..............................................................7
Organizational Decision Making.................................................................................................8
Innovation and Conflict Management.........................................................................................9
Conclusion:....................................................................................................................................10
References......................................................................................................................................11
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2TECHNICAL BUSINESS GROWTH MANAGEMENT
Introduction:
The objective of the paper is to offer effective self-reflection on organizational theory
along with its technical business growth initiates. The paper will also focus on offering a self-
reflective viewpoint on the changing business environment along with the important stakeholders
of the business. Moreover, I have also analyzed the theories and concepts elaborated on the
organizational development challenges, decision making process along with innovation and
conflict management of most of the companies in attaining global business growth. From
exploring my subject topic I have realized that the organizations require highly deliberate and
stepwise approach which can ensure growth and competitive capabilities.
Self-reflection:
Organizational Theory and Their Global Growth
From the course learning, I have attained a robust knowledge regarding the fact that
organizations serve as a tool that is employed by people in attaining their goals. I have attained
an understanding that organizational theory is the study regarding the functions of organizations
and them manners they affect and get affected by their business environment. I also became
aware of the fact that organizational effectiveness is required to be monitored by the managers in
order to make effective decision making for attaining global business growth. I have attained
detailed learning on the factors those are considered necessary in attaining organizational growth
in the global marketplace (Adekola & Sergi, 2016). I had a perception regarding the fact that I
lack functional competency abilities in observing the major organizational processes according
to which I can manage my teams. However, after completion of the course I have attained
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3TECHNICAL BUSINESS GROWTH MANAGEMENT
necessary fundamentals based on which companies can attain global organizational
development.
I have learnt that the value created by the organizations are affected by its abilities to
increase specialization along with labor division, use of large-scale technology, managing
external environment, economizing the transaction costs and excreting control and power in the
companies (Kandemir & Acur, 2012). Moreover, from learning the basic concepts on
organizational development I have gathered that the organizational theory includes capitalizing
on the three major aspects of business including organizational structure, organizational design
and change along with organizational culture. The growth of the organizations can be managed
through effective organizational design process.
Business Environment and Stakeholders
After accomplishing the course, I have attained learning that I must attain more advanced
knowledge on strategic management being a student of technology and innovation. This can
facilitate me in serving my future company along with saving time and valuable resources.
Considering same, I am highly enlightened to realize the importance of stakeholders in
contribution to organizational development. According to Král & Králová, (2016) stakeholders
are people those have interest or claim within the company in its business activities along with its
performance. I have also attained detailed understanding on stakeholders contribution to the
organization as they can offer effective information in comparison with the top managers those
have different goals rather than its principals.
The business environment is segmented into two parts such as general and specific
environment. The general environment factor that affects a business environment includes

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4TECHNICAL BUSINESS GROWTH MANAGEMENT
demographic and cultural forces along with international, political, environmental, economic and
technological forces. On the other hand, I have also learned from the course that the specific
environmental factors that affects the organization includes the consumers, distributors, unions,
government, suppliers and competitors. Completion of the course subject contributed to my
learning on the resource dependency theory that facilitates the companies in attaining global
business development (Bustinza, Gomes, Vendrell‐Herrero & Baines, 2019). This theory
explains the inter-organizational strategies that if implemented by the organization in
competitive business environment can attain competitive edge. I can consider implementation of
this theory in my future career organization in order to symbiotic and competitive strategies
based on business environment analysis. The symbiotic and competitive strategies, which I can
implement in addressing stakeholders expectations and global business growth includes
reputation cooperation, merger and takeover along with strategic alliance.
Organizational Development Challenges
During my casework along with carrying out learning projects on business innovation
and development in global context, I have attaining learning on the different organizational
challenges in ensuring business success in the rapidly changing global marketplace. I used to
believe that I lack necessary skills in analyzing the challenging situation faced by the companies
and develop suitable strategies to address such situations that can make me a successful manager
someday. However, after completion of the course I have learned certain important business
management theories such contingency theory that have facilitated me in analyzing the business
environment uncertainty and related decision making theories (Cano-Kollmann et al., 2016). I
have attained a learning that the contingency theory explains the degree of uncertainty regarding
business growth that exists within the industry from the scale of high to low against certain
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environmental variables such as complexity dynamism and richness along with structural
variables such as departmental and cross-functional integration level within the industry.
I have realized that the companies deal with certain challenges related with effective
communication and awareness. Moreover, in a situation where the growth is observed to be
missing within the organizational setting it can result in increased conflicts and disagreements
between the leaders and the teams. Moreover, the companies can also faced challenges in
attaining international growth in case of lack of accountability systems and structures within the
companies (Bustinza, Gomes, Vendrell‐Herrero & Baines, 2019). Through completion of the
course, I have attained increased understanding regarding the ways in which such organizational
development challenges can be addressed and one among such strategy is cultivating the
strategic relationships of influence.
Organizational Structure, Culture and Social Responsibility
Successful completion of the course along with related projects have contributed to my
knowledge regarding the importance of effective organizations structure, culture development
along with social responsibility strategies in ensuing international business success. From my
learning’s along with previous experiences on the course I have realized that the current business
environment has turned out to be highly complex and follows a paradox. This requires the
companies operating in complex and competitive global business environment to attain
necessary technical assistance for dealing with uncetainities and its major causes (Bustinza,
Gomes, Vendrell‐Herrero & Baines, 2019). I have assumed from attained learning from the
course that organizational culture and social responsibility strategies can ensure organizational
effectiveness along with competitive advantages of the business.
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6TECHNICAL BUSINESS GROWTH MANAGEMENT
The course learning that I attained facilitated me in increasing my understanding that
organizational structure acts a formal system of task and authority relationships which controls
the manner in which people are cooperative and employ necessary resources for attaining global
organizational goals. I have also learned from the definition of organizational culture presented
by Webb, (2017) that it is a set of shared values and norms which controls interactions among
the organizational employees with one another along with the stakeholders of the company
existing in the external business environment. However, as far as I have learned from completing
the course regarding companies’ management actions towards attaining business growth I have a
different opinion regarding organizational culture as I believe it is a set of ethical values that
shapes behavior of employees and organizations in serving the best towards consumer services. I
have also attained knowledge regarding various organizational structures such as hierarchical,
flatter, product, vertical, functional, geographic, matrix and network in attaining global success.
Ideas on implementation of corporate social responsibilities were introduced in my course
learning that is deemed to offer innovative competitive solutions in global business development.
Such responsibilities can be social, economic, philanthropic and legal that can increase
profitability and sustainability of the companies (Welford, 2016).
Global Strategies and Technological Advancement
From analyzing the learning on the global strategies and technological development
contribution in attaining international success of the business, I have attained a viewpoint that
majorly four levels of strategy including functional and structural activities ensures
organizational growth. From learning the value creation cycle and its useful implication on
ensuring global business growth, i have knowledge that ability of the companies to attain scarce
resources increases their ability to create a business growth strategy in attaining core

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competencies. The value creation cycle offers comparative advantages to the global
organizations in enabling them to capitalize on the identified four levels of business strategies. In
addition, my knowledge on the most effective functional level strategies implemented by the
organizations increased which indicates that the value creating function of a company looks for a
source of competitive advantage along with revealing differentiation advantage sources (Heisig
et al., 2016). From my course learning, I can elaborate fact that effective marketing stages such
as segmentation, targeting, approaching and positioning facilitates the global organizations in
increasing awareness regarding the companies’ offerings among a vast target consumer base.
Moreover, the course helped me in realizing the research and development strategies that ensures
companies competitive advantages through launching innovative service or product ranges. Such
business innovation strategies can be in the form of innovators, differentiators, follower and low
cost for ensuring global business growth (Bustinza, Gomes, Vendrell‐Herrero & Baines, 2019).
Change Management for Organizational Development
From accomplishing the learning course i have realized that the change management for
ensuring organizational development in the four levels such as HR, functional, technology and
organization. To compete within the global business environment, the companies consider
implementing effective change management strategies through investing in employees and
culture, the business model structure, introducing new products, process improvement along with
minimizing the technological abilities (Kasemsap, 2016). My knowledge has increased regarding
effective organizational change strategies along with major resistance to change that can
facilitate me in managing change in my future organization and ensure its success in global scale.
I hold a viewpoint after attaining the learning curses that the major forces of organizational
change that includes competitive, economic, political, global, demographic, social and ethical
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forces. I have also attained knowledge regarding various dynamics of change that incudes
unpredictability change magnitude and change rate. In such scenario, I have gathered an
understanding that strategy of action research and teamwork can facilitate in developing the
global business of the companies. I have learned that the companies can effectively use action
research in identifying, reflection, observing, planning and acting on the change management
issues faced by the companies for increasing their efficiency and performance on an international
scale.
Organizational Decision Making
My learning course also covered the knowledge management strategies supporting the
technological business growth management of the companies. After completing certain projects
having coursework on organizational decision making I realized that certain factors affecting
organizational decision making includes evaluation of alternatives, uncertainty, high-risk
consequences, interpersonal concerns and complexity. The organizational decision making
process is related with the effectiveness of the knowledge management process followed within
the organization that is focused around people, technology and process. I have attained a robust
knowledge on various models and theories related with organizational decision making that can
facilitate me in improving my decision making skills as a manager in my future career in an
organization (Bryson & Daniels, 2015). Moreover, I have attained detailed idea regarding
rational approach, devil’s advocacy and dialectical inquiry decision making strategies and as per
my observation on thee three models, I have gathered that they are solely focused on
accomplishing three stages. These stages include problem identification, developing suggested
solutions, challenging the proposed solutions and the selected solutions. The organizational
decision making of the companies is focused on the managers cognitive structure is based on
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their illusion of control along with cognitive dissonance ability. A wide insight on the aspects
affecting better organizational decision making in supporting innovation and international
growth of companies was explained in the learning courses.
Innovation and Conflict Management
The learning course also increased my skills on developing better conflict management
process for ensuring better growth operations of my future organization. After completing the
coursework I have developed an understanding that the company deals with various type of
conflict in ensuring global business success that includes interpersonal, miscommunication
controversy, misunderstanding, improvement and being uncomfortable. There are several types
of organizational politics that disrupts the organizational change process such as managing
impressions, cultivating networks, controlling information, developing coalitions and generating
fixations (Aguilera & Crespi-Cladera, 2016). For managing such conflicts, I have developed an
understanding that decisions from bargaining from subunits can facilitate in enhancing the
quality of global organizational decision making. Moreover, i have also learned after the course
completion that better conflict management can encouraging the innovation culture in
organizations that is well explained in various models of innovation such as diffusion of
innovation model, 3Cs of movement and innovation culture maturity model. Additionally,
accomplishing the course on technical business growth management aspects I attained an
understanding that business innovation must be focused on improving the existing products,
services and its problem solving approaches in reaching new consumer segments.

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Conclusion:
The paper will also focus on offering a self-reflective viewpoint on the changing business
environment along with the important stakeholders of the business. From learning the value
creation cycle and its useful implication on ensuring global business growth, i have knowledge
that ability of the companies to attain scarce resources increases their ability to create a business
growth strategy in attaining core competencies. The value creation cycle offers competitive
advantages to the global organizations in enabling them to capitalize on the identified four levels
of business strategies. I also became aware of the fact that organizational effectiveness is
required to be monitored by the managers in order to make effective decision making for
attaining global business growth. I have attained detailed learning on the factors those are
considered necessary in attaining organizational growth in the global marketplace.
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11TECHNICAL BUSINESS GROWTH MANAGEMENT
References
Adekola, A., & Sergi, B. S. (2016). Global business management: A cross-cultural perspective.
Routledge.
Aguilera, R. V., & Crespi-Cladera, R. (2016). Global corporate governance: On the relevance of
firms’ ownership structure. Journal of World Business, 51(1), 50-57.
Bryson, J. R., & Daniels, P. W. (Eds.). (2015). Handbook of service business: Management,
marketing, innovation and internationalisation. Edward Elgar Publishing.
Bustinza, O. F., Gomes, E., Vendrell‐Herrero, F., & Baines, T. (2019). Product–service
innovation and performance: the role of collaborative partnerships and R&D
intensity. R&D Management, 49(1), 33-45.
Cano-Kollmann, M., Cantwell, J., Hannigan, T. J., Mudambi, R., & Song, J. (2016). Knowledge
connectivity: An agenda for innovation research in international business.
Heisig, P., Suraj, O. A., Kianto, A., Kemboi, C., Perez Arrau, G., & Fathi Easa, N. (2016).
Knowledge management and business performance: global experts’ views on future
research needs. Journal of Knowledge Management, 20(6), 1169-1198.
Kandemir, D., & Acur, N. (2012). Examining proactive strategic decision‐making flexibility in
new product development. Journal of Product Innovation Management, 29(4), 608-622.
Kasemsap, K. (2016). Advocating entrepreneurship education and knowledge management in
global business. In Handbook of research on entrepreneurship in the contemporary
knowledge-based global economy (pp. 313-339). IGI Global.
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12TECHNICAL BUSINESS GROWTH MANAGEMENT
Kasemsap, K. (2016). Creating product innovation strategies through knowledge management in
global business. In Civil and Environmental Engineering: Concepts, Methodologies,
Tools, and Applications (pp. 1-26). IGI Global.
Král, P., & Králová, V. (2016). Approaches to changing organizational structure: The effect of
drivers and communication. Journal of Business Research, 69(11), 5169-5174.
Webb, S. P. (2017). Knowledge management: Linchpin of change. Routledge.
Welford, R. (2016). Corporate environmental management 3: Towards sustainable development.
Routledge.
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