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Importance of Radical Change in Management Practices - Assignment Example

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The paper "Importance of Radical Change in Management Practices" describes that globalization has taken over the management policies and restructuring an existing organization to effect rejuvenation of performance requires broad and critical analysis of internal and external factors that affect the organization…
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Importance of Radical Change in Management Practices
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Download file to see previous pages The concept of organization is a complex process that requires many factors that put into consideration and its successful attainment is an issue of time and in-depth critical assessment of various societal characteristics. It is worth noting that sound management skills are the backbone of any firm’s management. This should capture all the formal and informal interactive approaches in respect of the entire working and business environment. It is important to breakdown analysis of the components of such a successful organizational structure and function in the broader picture of the internal and external perspective. It is worth to underline the level of the organization in terms of the stage of development so that the approaches made are conformable with the challenges and issues present. An organization which has just begun an is still an infant in terms of all the aspects of operation requires less effort to turn around as compared to a firm that has existed for some time and has developed in-depth tradition in various departments within the employees, management and the general public. It therefore means that revitalizing an ongoing organization that has been in market for some time is the most relevant issue owing to the contemporary competitive global business market. A complete overhaul of the entire organizational policies has never been effective approach to deal with the challenges that are part of its performance. This means that the management has got to be patient and take ac systematic move in order of priority such that the image of the firm to the public is maintained as internal factors are gradually taken through reforms. The order of actions for rejuvenating the performance of an organization should begin with deeper diagnosis of all the factors that explains the position of the firm at that given time (Boonstra, 2004, pg328). This would form the basis of setting up the most pertinent issues that are key to the survival of the organization as further adjustments are in progress. ...Download file to see next pagesRead More
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