Efficiency and Effectiveness in Management - Assignment Example

The manager will be efficient but if the program had no relevance to the organization’s objective, then he or she would be efficient but not effective. If the program costs more, the manager would be effective but not efficient.

            Managers of an organization can improve both simultaneously by introducing emergent technology. In busy offices, time-wasting can cost the company immensely. For instance, the manager can introduce a printer that can print data from computers and this can improve efficiency and effectiveness within the workplace (Ehman).

Ethical Issues

            A good reputation is the most important thing as it adds value to an organization. Being ethical and socially responsible is part of having a good organization. For instance, Aflac is an insurance company that has had recognition for being among the most ethical companies in the world. They have made this successful by treating shareholders with integrity and honesty.

            Wal-Mart is almost the largest retailer and private company employer in the world. Despite the huge profits, it has faced stiff allegations from employees that they are not treating the right. First, the company employs illegal immigrants so that they can cut down costs. Sometimes they go unpaid when they work overtime. Many workers also complain of sexual discrimination and denial of medical care plans.

            The social account is an imaginary account built by being helpful to people and it is measurable by the strength of one’s relationship within a network. We can earn, save, and spend this capital. It takes time and investment to earn social capital and the best way is to use attitudes and behaviors, which will build social capital (Townsend 24). Social capital can be of use in critical situations for an organization to improve its reputation.

MBO Process

            It is essential to propose a leadership process that can work passably with performance appraisal of Management by Objective. This is in the view of leadership, as trade by value by the bosses, as well as subordinates, will regard it as important in exchanging result-based performance that is satisfying to the CEO. The company will offer an appraisal of employee performance evaluation as this will help in the improvement of productivity and effectiveness of the company.

            The main objective of this MBO is to estimate and improve an employee’s performance and increase their potential and hence the company’s value. Another objective is to enhance the benefits of trade between the bosses and their subordinates. Here subordinates can get something of value to them in exchange for desired objectively measured performance improvement. The mostly offered reward here is psychological and not money.

            The goals set for managers as well as sales agents mostly deal with those of personal advancement because they make them competent, better besides valuable. They include,

• Acquiring collateral competence - These are aspects learned so that the value of an employee in a company can augment. In addition, it can also enable one being more flexible in that a person can undertake anything else other than an individual specialty.
• Improving job-related skills – For instance, a manager can decide to do better coaching to the salespeople so that a certain instilled proficiency will help them perform better. Therefore, when the manager has to improve in that area, he commits to improving on what has an impact on his job.
• Adding knowledge – This occurs when someone decides to learn what he does not know so this is important to them to be more competent
• Taking part in learning activities – Here the employee can invest in their advancement by taking part in learning activities like seminars with unclear results in mind.
• Have a monthly formal planning session – This is an activity goal for managers so that they can have a direct plan for sales agents so that every month they can have monthly standards for the company.