Organization Development and Future Scenarios - Essay Example

One of the main challenges that are stated in the PwC report is the issue of people management. Skill shortage and the creation of an effective workforce are at the core of the debate. A solution to this challenge is the dissolution of the workplace and home life should disappear. This will be done by assuming more social responsibility for the corporation. Organizational challenges include quality assurance across the globe, size and scale problems of organizations, and reinforcement of corporate values related to cultural values of the region. A long-term solution as proposed in this category of the challenge is the development of HR professionals that might help in the negotiation of values of employees as per their regions into their investment strategies.

A solution that is HR-centric will call for a change of HR function from Resource Management to People and Society Management. The leader of this transformed group should be a member of a senior executive. Thus most of the energies that will be spent by HR will be in People and society management. This proposition comes from a set of theories that are related to corporate social responsibility. The challenge to this sphere of corporate vision is the non-compliance and tacitly non-socially responsible to this aspect of organization development imperative. To this effect an evident solution of providing highly regulated corporate laws that will not let corporate entities move beyond the corporate ethical guidelines. This will ensure employees retention and evading social responsibility is nearly impossible (Dijuric, 2006, p141-143).

A further challenge to Organization development is the reliance on external networks. They create a symbiotic relationship with the organization and are regulated by contractual agreements. However, any breakdown which is usually seen in the case of mergers and acquisitions, lack of company infrastructure is exposed to face such problems effectively. Reliance on technology to manage and develop supply chain and social capital is the way to collaborate through social networking (Kay, 1998, p 7-9). This developmental plan will be clear soon theories of corporate development theories are discussed here. Note that these challenges and solutions can best be understood by applying them to a case study of Microsoft which will be discussed later.

Future theories related to the corporate business role in a social context are also important. In research conducted on theories of corporate development, the following important approaches (theories) were collected to integra for mentioned challenges with the developmental plans of various organizations.