StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Management Practices ETC - Term Paper Example

Cite this document
Summary
The paper “Management Practices ETC” would primarily intend   to evaluate the performance of ETC organization. The performance will be measured with the help of management practices by including planning, leading, organizing, staffing and controlling. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Management Practices ETC
Read Text Preview

Extract of sample "Management Practices ETC"

Management Practices ETC Introduction From the viewpoint of the organization it is observed that the functioning of an organization is carried out in accordance with the management practices in order to meet its objectives along with satisfying the consumer’s needs smoothly and systematically. Further the degree of control associated with management can be defined as the process of performing the functions of an organization methodically and efficiently so as to meet its primary aim. A good and effectual management practice assists a particular organization to ensure higher productivity as well as superior level of performance in comparison to the performances of the other existing organizations. The aspect of superior performance includes certain factors such as growth of the organization in terms of various dimensions such as sales, shares and capital among others. In the similar context, it can also be stated that management practice entails planning, leading, organizing, staffing and controlling to provide the accurate extent of efficiency in relation to practice (Center for Economic Performance, 2005). The paper would primarily intend to evaluate the performance of ETC organization. The performance will be measured with the help of management practices by including planning, leading, organizing, staffing and controlling with respective examples. Discussion Overview ETC Group is an organization which was formed thirty years ago. During the initial days the organization was known as “Action Group on Erosion, Technology and Concentration”. However, the organization was introduced with the new name of ETC Group in the year 2001. ETC Group fundamentally deals with the issues related to agriculture (ETC Group, n.d). They especially measure the international affairs pertaining to the field of agriculture which includes maintenance of agricultural biodiversity and securities along with developed and modern technological impact on agriculture. ETC group is a non-profitable organization and it majorly sustains on the donated funds. They generally focus on the process of developing a greener environment. The working procedure of ETC Group signifies that it works as a research team in order to collect particular information on a specific region for protecting the environment (Brodhead, 2001). From the performance and progress made by the ETC Group it is assumed that they manage their operational process systematically in order to conduct their research and education to collect proper and sufficient information with regard to a particular environment. With reference to the context, it can be stated that ETC Group makes certain of the persuasion of the management practices throughout its operations. ETC Group has considered the processes of planning, leading, organizing, staffing and controlling which are considered to be few of the fundamental rudiments of management practices. Management practice can be defined as the process of managing the specified process systematically. Planning Planning can be defined as the process of considering certain measures for framing a structure in accordance with the operational process which requires to be pursued. The facet of planning has been known to entail certain forms with the assistance of which the functions of an organization are executed. The types of planning are corporate planning which is referred as a process in which the organization thinks of the long term organizational or future goals along with formulating strategies to attain the intended organizational objectives. Functional planning can be defined as the procedure in which the higher officials of the organization focuses upon the chief internal functions as well as deciding on the organizational structure which is believed to help the organization to perform its operations systematically. Strategic planning is described as the measure which is designed with the aim of facilitating the growth in relation to the organization along with it future development. Operational planning generally involves the plans which are prepared in order to support the functions and procedures involved with the organization (Kerzner, 2009). With reference to the context it can be stated that ETC Group intentionally considers the incorporation of the planning methods related to management practices with their organizational process for the reason of carrying out their organizational activities efficiently. The working procedures of ETC reveals that planning is considered to be quite imperative because with good and proper planning, ETC Group will able to collect sufficient and appropriate information and can also track the actual place or incidents. For instance ETC group conducts research regarding ascertaining the suitable process of safeguarding the environment and ensuring a greener community. The history of ETC group reveals that they perform activities and researches on seeds along with finding the opposite measures to protect the agriculture and conservation of agricultural biodiversity. Leading Leading is another method which is stated to be associated with the facet of management practice. With the help of this method the organization’s condition or status can be deciphered by measuring its performance. Leading can be defined as the process of helping the organization acquire an enhanced position with systematic functioning and efficiently attaining their primary objectives. In an instance, when an organization is found to be repeatedly achieving its intentions and is able to satisfy its customers efficiently, then in becomes easy for it to lead in the competition (Galbraith, 2002). This particular process of leading is supposed to be applicable for the ETC Group because it is assumed to be in a developing stage and is also competent of achieving its objectives by evaluating the problems affecting the environment along with the precautionary measures to reduce the negative environmental impact. The discussion is substantiated with the help of the respective instance. The instance states that initially ETC group to deal with seeds and other agricultural concern; however, taking into deliberation their future activities it has been observed that ETC Group planned to undertake certain measures in order to defend the environment from the problems affecting the environment. The considered preventive measures have been found to arise from intellectual property, biotechnology, bio-piracy and human genomics along with modern technological impacts. Moreover, these measures help ETC Group to protect the environment from being affected by human, technology and natural disaster among others. These measures have been considered by ETC group because they are achieving their primary objective efficiently for which they had able to expand their organization to many territories such as United States, Australia and others. With reference to the context it is stated that ETC Group is leading in the present competition. Organizing From the organizational point of view, the facet of organizing can be described as the process with which an organization is able to perform their functions systematically and achieves the objectives within the specified time. Furthermore, this particular aspect can be defined as the process in which a particular organization structures the process of its operations according to the allotted resources, time and members (Geiss, 2003). With consideration to the predefined context it can be stated that ETC Group has also considered the method of organizing in relation to the management practices for achieving their primary objectives. This is because ETC Group conducts research regarding the development of safety measures by which the environment can be protected facilitating a greener community. Before conducting the research ETC Group needs to consider the level of potency of their manpower according to which they require to divide the group for particular tasks, a specific time needs to be prearranged for individual groups and resources. It needs to be mentioned in this respect that the groups need to organize their performance in order to accomplish the goals efficiently. The organizing process of ETC Group has been evaluated with an illustration. The illustration reveals that ETC Group has organized numerous researches worldwide in evaluating the environmental problems witnessed by several communities along with ascertaining the measures. The research procedure in relation to the notion of Golden Rice is stated as an intellectual property. With reference to the context intellectual property is the information served to the people in order to cultivate the golden rice. The result of this research with the aid of intellectual property reveals that near about sixty countries are suffering from the shortage of Golden Rice which a ‘genetic modified Vitamin A enriched rice’ and there are seventy patents seeds which are related to Golden Rice. Furthermore, it is has also been stated in this regard that vitamin A is likely to pose certain influences on the mankind in future. Staffing The aspect of staffing generally relates to the employees along with the process of recruiting new employees according to the requisite skills of the organization. Furthermore, staffing can also be defined as the process of selecting fresh employees according to the organizational needs along with identifying the qualities and the arrangement of the existing employees as well as considering the process of training the employees. With reference to the above context, it is assumed that ETC Group carries out the practice of the staffing technique in relation to the management practices (Davenport, De Long, & Beers, 1998). ETC group possesses employees through which they are able to conduct their business function i.e. research. The history of ETC Group states that it has a workforce of only twenty employees who serve five of the ETC Group’s branches. They generally require highly qualified researchers owing to the nature of their work. However, it is observed that ETC group only involves other individuals only as a responder for collecting information for the research. The employees of ETC usually require traveling extensively in order to support the team for carrying out various researches along with communicating with each other through mails. Controlling Controlling is the process of guiding the operation and performance according to the process of planning and organizing. Furthermore, controlling can be defined as the process of managing the organizational units according to the structured plans for achieving the objectives along with effectually and systematically carrying out the intended activities respectively (Kerzner, 2009). ETC Group considers the factor of controlling as a part of their management practice in order to ensure the smooth functioning of their fundamental business functions. It can be stated that if ETC group fails to control any measures or process systematically then the research would entail chances of producing the wrong outcome which can adversely affect the environment as the researches are executed in order to ascertain the ways of trimming down the harmful environmental consequences. From their performance, it can be stated that they had consistently pursued the process of controlling which has been a reason for them to deliver accurate outcomes of their researches. It is considered quite easy to control their processes of research because the employees and the management are supposed to quite familiar with each other and it can also be stated that ETC group engages a minimum number of employees who are highly qualified and experienced in terms of their assigned tasks or areas as a result of which it becomes simple to control their performances. Conclusion The overview of the ETC Group describe that they are performing their work efficiently as a result of which the organization has been competent of enhancing its performances by expanding its branches in the United States (US) and Australia among others along with renaming the organization to ETC Group from Action Group on Erosion, Technology and Concentration. They generally conduct researches with regard to intellectual property, biodiversity, agricultural patent seeds, impact of the modern technology upon the environment and safety measures that are supposed to be pertinent to the environment so that the community looks green. Furthermore, the organization is also known to conduct their research with appropriate outcomes by considering the management practices such as planning, leading, organizing, staffing and controlling among others. With the help of these functions, the ETC Group has been able to manage their performances determinately and in a logical manner which further helped it to perform researches more effectively. References Brodhead, T. (2001). ETC Group (formerly Rafi) annual report 2000/01. ETC Group. Center for Economic Performance. (2005). Management practices: The impact on company performance. The London School of Economics and Political Science, pp. 2-6. Davenport, T. H., De Long, D. W., & Beers, M. C. (1998). Successful Knowledge Management Projects. Estrategias Diferenciadas S.A, pp. 43-56. ETC Group. (n.d). ETC Group: A brief history. Retrieved from http://www.etcgroup.org/node/2147 Galbraith, J. R. (2002). Organizing to Deliver Solutions. University of Southern California, pp. 9-18. Geiss, W. C. (2003). Planning, management, and performance characteristics of small - medium size banks in the mid- Atlantic region. Greenleaf University, pp. 1-85. Kerzner, H. (2009). Project management: A systems approach to planning, scheduling, and controlling. New Jersey: John Wiley & Sons. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Management Practices ETC Term Paper Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/management/1455058-management-practices-etc
(Management Practices ETC Term Paper Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.org/management/1455058-management-practices-etc.
“Management Practices ETC Term Paper Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/management/1455058-management-practices-etc.
  • Cited: 0 times

CHECK THESE SAMPLES OF Management Practices ETC

Critical Theory: Exploited or Empowered

Goal: The Critical Management Studies (CMS), as a concept, aims at challenging the rationality of existing management practices.... It is built on the premise that organisations depend upon patterns of practices, technologies, systems etc built within, however validated outside or elsewhere.... The structure, divisionalisation, strategies etc should conform to environmental elements of respective locations/countries in order to conduct sustainable business and operations....
4 Pages (1000 words) Research Paper

Theories of Management and Translation into Practices of Management

There are unequivocal views about managers who have applied mixed management theories in their day to day activities and practices have attained greater success in managing their organizations effectively and efficiently and helped them in realizing organizational goals and objectives.... Instances show that theories of management cannot be directly translated into practices in the organization and thus managers belonging to the contemporary organizations must appreciate their respective roles in the organizations while seeking to achieve set goals and objectives (Olum, 2004, p....
14 Pages (3500 words) Research Paper

Management - Henri Fayol's Management Theories

Despite many criticisms, Fayol's theories still form the basis of management practices and teachings in the 21st century Some management experts believe that Fayol's principles of management, which have laid the foundation to management studies during early 1900s, serve more as an administrative function rather than addressing deeper management aspects (Schermerhorn, 2011).... In present-day service industries, the focus usually oscillates between initiative, teamworking, order or efficiency with some other activities such as discipline, equity, division of work etc providing direction to better business management....
8 Pages (2000 words) Essay

Diversity Management as Beneficial For Employees

This paper illustrates that organization focuses on various factors of diversification such as product diversity, employees, Management Practices ETC.... hellip; This research will begin with the statement that the expansion and development of an organization are dependent upon diversity and changes in management practices.... The purpose of this study is to evaluate that either diversity management is beneficial for employees too.... Critical in-depth analysis of diversity management impact on employees and organization is discussed by gauging relevant reviews of research analysts....
6 Pages (1500 words) Essay

The Negative Effects of Tourism

There are guidelines set upon by the Fifth Programme as to what transport means, water supply, waste management practices, etc.... This paper "The Negative Effects of Tourism" presents various laws, initiatives and other forms of regulations that aim to improve or at least hinder these negative impacts to nature....
20 Pages (5000 words) Research Paper

Strategic practice

The objective of the essay is to understand the complexities that have to be faced when strategies are formulated and implemented and how these complexities can be minimized.... Examples of… Theories of eminent scholars have been used to identify complexities and support the statement and critically analyze it....
12 Pages (3000 words) Essay

Assessment title: Revenue Management, pre-conditions and implementation

In airline business, revenue management solutions deal with multiple operational process including advance ticket bookings, estimation of passengers' demand, ticket cancelations etc and these process involves cost.... Therefore, in order to analyse the prevailing practices pertaining to revenue management, it is necessary to analyse the nature and characteristics of airline industry.... André Jerenz has identified the revenue management as strategic task and he defined it as “a technique to determine the optimal price of product and services, with the objective top maximize associated expected profits generated by sale” and this process also includes a… This paper will attempt discuss and analyses the practises relating to revenue management in a traditional industry (airline) and non-traditional industry (restaurant) and Revenue management has become one of the primary and crucial areas for business management....
12 Pages (3000 words) Research Paper

Innovation Management Practises in Consumer Electronics Industry

This paper makes a critical analysis regarding the innovation management practices adopted by two well-known companies in the world Apple Inc.... nbsp; This paper aims at making a critical analysis of organizational culture and human resource management practices in these two companies and their influence upon creativity and innovation of both the organization.... These companies are well placed into the consumer electronics industry and are known for their innovative practices at the workplace....
14 Pages (3500 words) Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us