Organizational Governance: Decision-Making, Leadership and Success

Verified

Added on  2019/11/26

|20
|5847
|240
Report
AI Summary
This report delves into the critical role of decision-making in organizational governance, exploring its impact on leadership and overall success. It examines the nature of authority and power within organizations, emphasizing the importance of effective decision-making arrangements for achieving strategic goals. The report analyzes the influence of decision-making on power dynamics and stakeholder interests, highlighting the need for positive decision-making environments to foster leadership skills. It discusses various factors contributing to organizational success, including leadership attributes, policy implementation, and the adoption of creative strategies. The report also explores different leadership styles, such as participative, delegative, and autocratic, and their influence on decision-making processes. Additionally, it addresses the challenges and factors affecting decision-making and leadership within organizations, emphasizing the importance of training and visionary solutions to overcome issues and achieve positive outcomes. The report utilizes examples such as Coca-Cola to illustrate key concepts.
Document Page
Running head: ORGANIZATIONAL GOVERNANCE
Organizational Governance
Name of the student
Name of the university
Author note
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
1ORGANIZATIONAL GOVERNANCE
Decision-making has huge influence in the organizational leadership as well as other
activities related to management. Decision-making has huge impact on the effectiveness,
growth, success as well as proper goals accomplishment. Leadership decision making helps
in analyzing the functions as well as qualities of the leaders that are essential for the growth
of the entire organization.
The main aim of the assignment is to understand the factors of success that helps in
decision making in the different practices of the organizations. Proper decision-making helps
in understanding the organizational governance. Organizational governance helps in
understanding the rules and regulations through which the company is controlled and
directed. The purpose of the assignment is to improve the quality decision of the leaders as
well as accomplishment of goals in the entire organization as well.
The structure of the assignment includes the nature of authority as well as power in
the organizational governance. Proper decision-making arrangements has to be done by the
officials of the organization as to understand the techniques through which the organization
can be controlled and accomplish goals as well.
Role of Decision-making in influencing the nature of power and authority and
matters of organizational governance
The importance of decision-making in corporate governance has to be properly
analyzed in order to understand the interest of the stakeholders. In order to understand the
utilization of decision-making the various statements related to issues that are faced by the
company regarding bad policies and procedures that are followed by the company.
Furthermore, other significant issue that has been faced by the organizations wherein proper
leadership skills along with decision skills are necessary for the entire company (Zacher &
Rosing, 2015). The companies need to adopt and design positive decision-making
Document Page
2ORGANIZATIONAL GOVERNANCE
environment in the organization, as this will help in generating leadership skills among the
individuals to provide knowledge about decision-making and organizational governance
among the employees in the organization. There were many scholars as well as practitioners
of leadership felt that organization fails to rise in the competitive environment due to lack of
proper decision making skills and due to negative policies and procedures applied by them.
The employees of the organization are the ones who are the victims in such case when the
organizations fail to gain success in the market. The organizational employees along with the
higher officials work towards achieving goals for the company by making the employees
work towards the job performance along with the accomplishment of goals in the
organization. For instance Wu et al., (2015) commented that high and accurate morale
standards, honesty as well integrity that are helpful for the organizational officials to
overcome the shortcomings faced by the organization and the employees as well. In Coca-
Cola Company, the higher officials need to implement strategies that will help in
understanding the requirements of the employees and provide them moral support.
Implications on organizational governance
A proper defensive attitude has to be kept by the employees of the organization as to
overcome the limitations and shortcomings that are faced by the organization. The proper
strategy has to be maintained by the organization in order to finish the tasks properly with
proper accomplishment of goals in the organization as well. Proper development of creative
policies along with decision-making has to be followed by the officials of the organization as
to achieve growth as well as accomplishment of goals as well. For properly solving the
problems in the organization, proper alternatives has to be selected by the organization as to
solve the problems in the organization and solving critical matters as well. Therefore, the
problems that are faced by the organizations that are the symptoms those are non-associated
in nature. The main loopholes of the decision-making of the organization has to be properly
Document Page
3ORGANIZATIONAL GOVERNANCE
analyzed that will help in allowing proper understanding of the issues that is hampering the
goodwill of the organization (Tourish, 2013).
For instance: In Coca-Cola company, the board of directors implemented
organizational governance wherein the employees along with the higher officials such as
CEO as well as other board of directors are included to follow the laws and engagement is
needed and contribution is required equally from each employees.
Factors in achieving success in organizational governance
The qualitative scientific description related study was generally centered into
understanding the factors that are helpful in achieving success in the organization with
generating proper effectiveness and efficiency among the employees of the organization. This
particular method helps in the researcher to understand the tasks performed by the employees
and working with them both from cultural and natural environment. With the help of this
method, it helped in understanding the similarities and patterns along with the differences that
has led to categorization, contextualization along with the various theoretical codes as well as
relationships among the different concepts to explain the variation in the decision making
process.
Attributes of leadership and decision-making
The attributes of the leadership to be properly explained to generate a proper
framework that will help in determining the importance of decision making in the
organizational governance. The framework will help in identifying the ability of the officials
as well as the management of the organization that has to include the reviews that will help in
understanding the situations that are concrete, unambiguous as well as effective in nature.
Proper implementation of policies helps in identifying the issues regarding the learning and
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
4ORGANIZATIONAL GOVERNANCE
leadership styles of the employers and employees of the organization (CH Chan & Mak,
2014). Proper research study has been conducted from various past and present business
leaders, executives along with the management who were the ones participated in the study
and they identified factors that will have huge influence on the process of decision-making
and leadership skills in the entire organization.
The entire work aims in understanding and showing the implementation of the
leadership and decision-making skills that will have huge influence on the organization.
Proper review has to be done on the existing strategies, policies as well as standards in order
to ensure the effective and efficient role of the managers along with the supervisors in the
management. Proper performance management along with accomplishment of goals is
necessary in order to understand the proper meaning of organizational governance as this will
help in generating growth as well as establishing sound and good decisions as well. Proper
and sound decision will help in increasing the scope of choices as well as reduce the risks of
the alternatives as well (Yasin Ghadi, Fernando & Caputi, 2015).
According to Van (2014), proper leadership and decision-making facilities play a vital
role in the entire organization. In order to perform the activities of the organization proper
disciplines has to be maintained by the respective organization as well. Proper importance
and value has to be provided by the company as to understand the loopholes of the
organization wherein theory of decision-making has to be utilized as to improve the ability
and patterns of the options to accomplish goals (Oshima Lee & Emanuel, 2013).
According to different scholars, leadership and decision-making is defined as:
ï‚· Leadership is the process of influencing an entire group or individuals in order to
achieve goals.
Document Page
5ORGANIZATIONAL GOVERNANCE
ï‚· Decision-making is the process wherein it focuses on the deliberate actions as well as
decisive actions that can help in generating proper results in the future.
In this particular study, proper decision making in leadership is essential in the
organizations in order to generate creative solutions for the issues faced by the organization.
Furthermore, the leaders and the workers of the organization need to be properly influenced
by the policies and strategies to attain the different strategic goals. Some recent studies help
in understanding the barriers faced by the organizations due to improper decision skills and
complexity in the decisions of job taken by them. The decision making skills plays a vital
role in creating healthy and proper environment as well as trust that will help in development
of effective and proper communication along with openness in the entire organization along
with the employees of the organization. It will create proper relationship among the superiors
and subordinates of the organization along with management and employees as well.
According to Davids et al., (2013), the theoretical framework of Kurt Lewin helps in
understanding the styles of leadership as well as decision making in order to discover the
major factors that affects the decision making of the business leaders. According to theories
of Lewin relating to leadership as well as decision making has huge influence on the different
behavior of the organization. In order to create great emphasis on the different styles of
leadership for applying psychology of different styles of leadership, it will help in
investigating the conditions along with the forces that will bring changes in the organization.
Different styles of leadership
According to Kurt Lewin the different styles of leadership helps in analyzing the
styles of behavior that can have great influence on the follower-leader relationship, success of
the group along with risk taking capabilities of the group. The styles of leadership namely
participative, delegative and autocratic are helpful in the organizations to understand the
Document Page
6ORGANIZATIONAL GOVERNANCE
importance of leadership along with proper decision-making skills in the organization
(Camisón & Villar-López, 2014). Although all the decisions that are taken in the organization
are on a regular basis, proper knowledge is required to be adopted by the individuals in the
organization as to analyze and understand the roles of autocratic, democratic as well as
delegative styles of leadership in the organization. The decisions of the leaders and managers
are based on the proper skills of decision-making and leadership as it plays a vital role in the
organization and among the employees as well working in the organization.
In order to change the styles of leadership the managers and the leaders need to
analyze the styles of leadership and decision-making and adopt strategies to understand such
skills of leadership as well as decision-making. The three-step model introduced by Lewin
has to be adopted by the leaders and managers as this will help in improving the styles of
management with proper leadership skills. Over the past few years, proper organizational
behavior has to be studied properly for taking important decisions in the entire organization.
As with the help of proper decision-making the issues and challenges relating to the
organization can be solved properly without much difficulty. In order to overcome such
challenges and issues the leaders and managers need to be properly trained and effective in
nature as this will help in generating positive results and revenues in the future. The
employees of the organization need to be aware about the different concerns of the
organization as to provide visionary solutions to the organizations.
For instance- Owner of Coca-Cola has to examine the different possibilities while
taking different decisions about the organization. Proper contingency model has to be
adopted by the owner of the business in order to identify the style of leadership and
decision-making as to take up difficult responsibilities related to the organization with ease
and confidence. Organizational governance has to be maintained by taking up such
responsibilities.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
7ORGANIZATIONAL GOVERNANCE
The individuals who are associated with management and administration in the
organizations need to acquire idea about the complexity of the decision-making process in the
entire organization (Uzzi, 2014).
Factors responsible for decision-making and leadership
There are different factors that are responsible for influencing the decision-making
and leadership in the organizations. The various studies that are designed by different authors
help in understanding the challenges that are positive in nature for the leadership process that
are ongoing in nature. The ongoing leadership styles as well as the process have different
applications to the entire success of the organization along with attainment of goals in the
future as well.
There are many studies proposed by different professors that suggested that there are
different factors that help in influencing decision-making leadership actions in the entire
organization. These kinds of factors include past experiences of the leaders along with
cognitive biases as well. Improper decision-making can lead to various issues in the
organization that includes escalation in the process of commitment along with negative
influences that can affect the choices of the individuals as well.
There are various individuals in the organization along with others outside the
organization as well wherein the decisions are taking differently in nature under various
situations. For example- When a business owner is taking a decision regarding a project
proper research has to be done by the owners of the business along with other officials for
marketing of the new product and market research as well. Proper decision making is
essential in making proper career, political as well as other decisions related to both
organizational or personal decisions as well. In order to take proper decisions in the company,
the decision-making has to be appropriate in nature as this will help in analyzing the goals of
Document Page
8ORGANIZATIONAL GOVERNANCE
the company as this will help in understanding the loopholes that are faced by the company in
taking proper results in the future (Shepherd, Williams & Patzelt, 2015).
The decisions that are been taken by the officials of the organization, proper research
has to be done as to be specific in nature while taking decisions regarding the choices that has
to be made by the employees of the organization. The managers and the leaders of the
organization needs to analyze the possible outcomes that are to be generated by them as to
gain positive results in the organization within stipulated time. The leaders as well as the
managers of the organizations need to take proper and rational decisions in order to generate
proper, accurate and sound decision. The decisions have to be taken by the officials of the
organization with proper utilization of time and information. The proper generation of
information is essential for the members of the organization as to determine the process that
is systematic in nature (Levine, Thompson & Messick, 2013).
In order to make comprehensive decision regarding the important aspects of the
business, proper time and information is required as to understand the systematic process that
requires proper systematic review in generating proper results. As the decision-making
process along with leadership process, proper and systematic review is required, it is
necessary to analyze the involvement of change along with motivational and inspirational
factors that plays a great role in the entire management. The leaders and the management of
the organization needs to focus on the setting process as well as achievement of goals through
reference of strategic organizing, planning, directing and controlling that can lead to
accomplishment of goals
Opinions of different leaders on organizational governance
There are differences in the opinion of the leaders and managers regarding the kind
of decisions that are taken by them for the entire organization as well as for achieving goals.
Document Page
9ORGANIZATIONAL GOVERNANCE
There are different individuals opinions as well that can lead to differences in the decision-
making process of the entire organization. The previous research has stated that the decision-
making process can be influenced by the cognitive abilities of the employees of the
organization. For instance- There can be various instances related to anger, individual
challenges that can affect the decision making process of the entire organization and the
employees as well.
Factors unavoidable in nature
Furthermore, there are different factors and elements that are unavoidable in nature
and it influences the process of decision making in the organization (Jones & George, 2015).
In order to influence the decision making process in the entire organization proper leadership
styles has to be adopted by them as this will help in identifying the issues and solving it
accordingly with autocratic style of leadership. In the entire study, decision-making process
along with the leadership process will help in identifying the issues and loopholes that are
faced by the organization. In order to remove the complexities in the organization, proper
research has to be done by the organization and the employees that will help in reducing the
challenges to gain profit. When all the employees of the organization are working towards
achieving goals in the entire organization, proper interest is required from all the employees,
as this will help in reducing the conflicts and chaos from the organization (Mithas & Rust,
2016).
As leadership is entirely focused on ability of influencing others in the organization to
accomplish certain goals, it is necessary for the researcher to quality of the different decisions
taken by them has to be unique in nature and for success of the organization as well. The
good leader and the manager of the organization is the one who helps in understanding the
entire picture of the organization rather than the particular picture (Yukl et al., 2013). Proper
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
10ORGANIZATIONAL GOVERNANCE
training is required as to analyze the economics of the organization along with the vision of
the organization. Proper understanding about the different factors of leadership will help in
empowering and enabling the leaders of the organization to be effective as well as creative in
nature. This will help in generating and establishing proper environment that is healthy for
the employees of the organization.
Obstacles in decision-making and leadership
Furthermore, there are different obstacles, factors and constraints that are required and
help in influencing the decision-making of the individuals in the entire organization. For
instance- Tannenbaum, Weschler & Massarik (2013) stated that proper strategy has to be
implemented by the company as to gain competitive advantage and gain profits as well. The
researcher suggested that there has to be proper knowledge among the individuals of the
organization to improve the standards of the work and generate profit and revenues in the
entire organization.
Furthermore, in different research studies it has been seen that there are leaders who
do not have appropriate knowledge regarding the styles of leadership and decision-making
for the entire organization (Renko et al., 2015). Proper decision-making requires proper
knowledge, quality as well as style of leadership that help in generating positive results. The
work has to be designed in such a manner that it will aim at improving the entire standard of
strategic mission, plan, vision as well as attainment of goals in the entire organization. The
entire work is designed in such a manner that it will help in taking good decisions for the
business and accomplishment of the goals for the entire organization. The employees and the
higher officials of the organization need to take proper remedial measures in order to generate
clarity in the organization with proper education and training of the employees as well
(Choudhary, Akhtar & Zaheer, 2013).
Document Page
11ORGANIZATIONAL GOVERNANCE
Proper integrative research has to be conducted by the organization as to understand
the complexities that are present in the entire research study. The lack of training and
education among the leaders of the organization needs to provide clarity among the leaders as
this will have huge impact on the entire process of decision-making and leadership in the
organization (Davids et al., 2013).
The entire study was aimed in understanding the major factors that help in influencing
the decision making process on the organizations (Kwon & Adler, 2014). It helps in
understanding the different kinds of participation that helps in providing the leaders authority
to take decisions that are influential in nature and it is good for the growth of the organization
as well. In order to identify the efficient style of leadership proper participative techniques
need to be undertaken by the entire officials of the organization, as this will help in
generating positive results for the organization in the future. It helps in identification of
factors that helps in providing perceptions and views of the leaders of the organization in
generating proper improved results for the goodwill of the company (Beach & Lipshitz,
2017).
Proper generation of results in the organization is essential in the organization that has
to be conducted by the employees of the organizations, as this will help in understanding the
loopholes and strategies that has to be improvised by them as to generate better results in the
near future (Heide, Kumar & Wathne, 2014). The proper review of the literature helps in
understanding the complexity as well as challenging areas of leadership and decision-making
process in the organization that will help in analyzing the issues as this will reveal the
decisions that are taken by the entire organization for generation of revenues (Govindan et al.,
2015). The main reason for failure of the goals of the organization is the complex decisions
that are taken by the officials in the organization and it affects the entire decision-making
process of the organization as well (Hammer, 2015).
chevron_up_icon
1 out of 20
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]