Analyzing Organizational Structure and Governance in Dynamic Markets

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Desklib provides past papers and solved assignments for students. This report analyzes the impact of environmental factors on business operations.
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Management and Business Context
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Table of Contents
Introduction....................................................................................................................................3
Conclusion......................................................................................................................................9
References.....................................................................................................................................10
2
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Introduction
The prevailing and the frequent variation in the market environment tend to affect the operation
and working patterns in a great manner. Such variation tends to significantly affect the decision
making process that further lead to the barriers in the future operations. As such, the overall
assessment report provides for the series of the factors and aspects that can assist the
management concern of the business organization in making valuable judgment with respect to
the current and the future period. For such purpose, the report work elaborates on the need to
understand the aspects related to the organizational structure and governance along with the
series of the risk factors that can be faced while conducting the activities in the changing market
environment. In addition, the report provides for the various function s that are required to be
focused by the firms in order to manage with the variations in a proper manner.
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O Shannassy, T. (2015). Strategic management research in the Journal of Management
& Organization: International in orientation with an Australasian edge. Journal of
Management & Organization, 21(5), 551-557. Retrieved from:
https://www.cambridge.org/core/journals/journal-of-management-and
organization/article/strategic-management-research-in-the-journal-of-management-
organization-international-in-orientation-with-an-australasian-edge/
580F2791F1200C2DC3ACFA8C1C0C59E3
With the aid of the concerned article the author elaborates that there are wide range of business
activities that are exposed to the series of the challenges from social and environmental aspects.
Such challenges tend to affect the work operations and ultimately the profit margin. The author
in this regard elaborates the significance of the strategic management. It further elaborates the
various roles and accountabilities of the various managers operating in various departments.
Further provided with the effective focus on the strategic management the authority concern of
the business organization can get the series of the benefits that primarily include proper
clarification of all the aspects, focus can be made on the expansion and diversification leading to
the better position in the market arena both in national and international boundary. However, for
the purpose of the effective strategic management it is essential that the business concern
appropriately focus on the market research so as to gain the positive and negative aspects that
can further assist in the suitable and effective growth and sustainability.
As such, proper evaluation of all the aspects must be made by the business corporates so as to
make the valuable judgment with respect to the conduct of the future operations. This will assist
the authorities in the conformation of the internal as well as external environment that tends to
improve the level of performance of the workers such that they can perform to the best of their
capability leading to better position.
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SÖKMEN, BITMIS, & ÜNER. (2015). THE MEDIATING ROLE OF PERSON-
ORGANIZATION FIT IN THE SUPPORTIVE LEADERSHIP-OUTCOME
RELATIONSHIPS. E M EKONOMIE A MANAGEMENT, 18(3), 62-72. DOI:
10.15240/TUL/001/2015-3-006. Retrieved from:
http://www.ekonomie-management.cz/en/archiv/search/detail/1007-the-mediating-role-of-
personorganization-fit-in-the-supportive-leadership-outcome-relationships/
The article highlights on the series of the risk that can be faced by the business corporates while
conducting its activities in the market environment. Such factors of risk tend to affect the
operation in a great manner for long run. The author in this regard further elaborate that there are
two factors that determine the accessibility of the risk that includes frequency of the risk and the
probability of the risk. As such it can be determined that there is a great need on maintaining a
suitable focus on the risk so that it can properly be assessed leading to the least effect on the
work operations.
For the effective management of such risk factors the author highlights on the suitable command
on the relation of the employees and the leaders. This is because it will provide a great assistance
in the identification of such measures that can minimize the effect of the risk leading to the
smooth conduct of the activities. In addition, the article elaborates that the leaders will assist in
the identification of the risk factors and evaluating each risk such that they can guide the
employees with further operations. With the continuous efforts the company concerns can
strengthen their work operations. Apart, the manager will also play a crucial role in the effective
command on the risk factors through the suitable application of the available resources. This will
lead to the attainment of the desired outcomes within a suitable timeframe.
5
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Kuo, L., & Yi-Ju Chen, V. (2013). Is environmental disclosure an effective strategy on
the establishment of environmental legitimacy for the organization? Management Decision,
51(7), 1462-1487. Retrieved from: <https://www-emeraldinsight-
com.ezproxy.cqu.edu.au/doi/pdfplus/10.1108/MD-06-2012-0395>.
With the changing work patterns and the changing market conditions there are various
environmental forces that tend to affect the wok operations in a great manner. There are series of
the controllable and uncontrollable factors that are derived from the market environment that
needs to be managed and supervised in a great manner. This is because of the fact that it will
assist in the company concern in the smooth and easy flow of the activities without any barriers.
The main aspect of the concerned article is to elaborate an in-depth and effective understanding
on the implication of the environmental forces on the work operations of the company.
As such it becomes a prime need that business corporates on the continuous scanning of the
environment so as to grasp the positive and negative aspects. With the attainment of such aspects
suitable information can be grasped leading to the better decision making. In addition, the focus
must be made on the integration of the various models of the social, political, technological and
economic environment so as to gain the series of the information that can lead to the better
decision making that can assist in better position. The findings of the above article emphasis in
this regard to have active participation of all the parties associated with the business leading to
the better achievement of the objectives. As such it can be determined that to evaluate in a
positive manner on the environmental forces is a major challenge for the business concerns.
6
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Gibson, L., Finnie, B., & Stuart, J. (2015). A mathematical model for exploring the
evolution of organizational structure. International Journal of Organizational Analysis,
23(1), 21-40. Retrieved from:
<https://www-emeraldinsightcom.ezproxy.cqu.edu.au/doi/pdfplus/10.1108/IJOA-10-
2011-0519 >.
With the aid of the concerned article the author elaborate on the effective and elaborative
understanding on the organizational structure and organizational governance. The author further
address on the need to have an appropriate organizational structure so as to ensure smooth flow
of operations. Every business houses whether operating on small, medium or large scale is
required to follow a suitable organization structure. This will provide a great assistance to the
authority concern in the conduct of the activities in a systematic and orderly manner. Further
provided, the author highlights that with the growing size of the business corporates along with
the intense level of competition the need to have a strong organization becomes the matter of
great importance. A proper organizational structure will provide the management concern of the
corporates in better understanding and clarification of the various models that can assist the
businesses in dealing with the complexity and series of the barriers.
In addition, the authority concern in order to manage such complexities can also focus on the
mathematical framework. This will assist the business corporates in the attainment of the suitable
framework that can further assist in restructuring the organizational structure that lead to the
formulation of the strong relationship. This will also lead to the better economic performance
thereby focusing on the aspects of expansion and diversification. All such factors and aspects
will assist the company in the better command leading to better and strong position.
7
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Lu, L. (2015). Building trust and cohesion in virtual teams the developmental approach.
Journal of Organizational Effectiveness: People and Performance; JOEPP, 2(1), 55-72.
Retrieved from:
https://www-emeraldinsight-com.ezproxy.cqu.edu.au/doi/pdfplus/10.1108/JOEPP-11-2014-
0068.
With the changing scenario in the market environment, the business corporates are facing intense
level of competition that act as a major challenge in the success of the business. For the purpose
it becomes essential that the authority concern make a proper focus on the functions of the
diverse firms. This is due to the fact that an organization is working at different levels that
include individual level, organizational level, and strategic level. As such it becomes a prime
need that the functions and activities of all the departments and all the levels are properly
integrated so as to attain the desired objectives in a proper time frame.
For the purpose, the author remarks that there must be active participation and involvement of all
the employees. This will assist in the grasping of new and creative ideas that can thereby ensure
suitable and smooth functions. In addition, it is also necessary on the part of the employees and
the authority concern to focus on the formation of the suitable team structure. This will provide a
great assistance in maintaining of the suitable coordination leading to the better achievement of
the individual objectives along with the organizational objectives.
As such, the overall article determined that the proper and elaborated focus must be made by the
management of the corporates in building suitable trust and confidence among all the employees
leading to the formation of the suitable approaches that can lead to the suitable growth and
development.
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Conclusion
From the overall report it can be determined that the decision making process is exposed to the
series of the factors that needs to be managed in a suitable and appropriate manner. Further
provided, the assessment report concludes on the varied aspects and the approaches that are
requisite to be followed by the business corporates in order to attain the goals and objectives in
the desired manner. In addition the report work concludes on the need to value all the aspects
related to the environment forces particularly by the Commonwealth Bank of Australia, Westpac,
or the National Australia Bank so that they can ensure smooth flow of the operations. This will
also assist in the better satisfying the needs of the existing customer and also grasping the
attention of the new customer. All such factors concluded on the significant factors that can be
gained by the company concern for the attainment of the suitable position and enlarge position in
the market arena. The overall report concludes on the series of the recommendations and
suggestions that can be adopted by the business concerns for the attainment of the suitable
growth and sustainability.
9
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References
Shannassy, T. (2015). Strategic management research in the Journal of Management &
Organization: International in orientation with an Australasian edge. Journal of Management &
Organization, 21(5), 551-557. Retrieved from: https://www.cambridge.org/core/journals/journal-
of-management-and organization/article/strategic-management-research-in-the-journal-of-
management-organization-international-in-orientation-with-an-australasian-edge/
580F2791F1200C2DC3ACFA8C1C0C59E3
SÖKMEN, BITMIS, & ÜNER. (2015). THE MEDIATING ROLE OF PERSON-
ORGANIZATION FIT IN THE SUPPORTIVE LEADERSHIP-OUTCOME
RELATIONSHIPS. E M EKONOMIE A MANAGEMENT, 18(3), 62-72. DOI:
10.15240/TUL/001/2015-3-006. Retrieved from:
http://www.ekonomie-management.cz/en/archiv/search/detail/1007-the-mediating-role-of-
personorganization-fit-in-the-supportive-leadership-outcome-relationships/
Kuo, L., & Yi-Ju Chen, V. (2013). Is environmental disclosure an effective strategy on the
establishment of environmental legitimacy for the organization? Management Decision, 51(7),
1462-1487. Retrieved from: <https://www-emeraldinsight-
com.ezproxy.cqu.edu.au/doi/pdfplus/10.1108/MD-06-2012-0395>.
Gibson, L., Finnie, B., & Stuart, J. (2015). A mathematical model for exploring the
evolution of organizational structure. International Journal of Organizational Analysis, 23(1), 21-
40. Retrieved from:
<https://www-emeraldinsightcom.ezproxy.cqu.edu.au/doi/pdfplus/10.1108/IJOA-10-2011-
0519 >.
Lu, L. (2015). Building trust and cohesion in virtual teams the developmental approach. Journal
of Organizational Effectiveness: People and Performance; JOEPP, 2(1), 55-72. Retrieved from:
https://www-emeraldinsight-com.ezproxy.cqu.edu.au/doi/pdfplus/10.1108/JOEPP-11-2014-
0068.
10
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