Managing Business Organizations - Assignment Example

Managing Business Organizations What's management Management is all about taking care of resources especially human capital with efficiency and effectiveness. Management is all about taking organizational responsibility and fulfilling it in such a way that it is beneficial for both the organization and its people. (Source: http://www.see.ed.ac.uk/gerard/Management/index.html)Organizational CultureOrganizational culture is important to sustainability and progress of any organization. Your organizational culture is part of the package that prospective employees look at when assessing your organization.

Your organizational culture is a key component of a person's willingness to become a part of the organization.(Source: http://www.businessperform.com/articles/organizational_culture_matters.html)Managing the Power and PoliticsBusiness politics starts with the gain of power within the firm. Avoiding politics in your organization can have negative effects. Successful management means to understand the importance of managing employees at all levels through leadership and influence, using strategies to convert your foes into your friends and Manage power and politics at levels.

(Source: www.cambridgeconsult.com)Managing CommunicationManaging communication is a very important role of all managers in the 21st century work field. Nowadays with the increasing diversity and ever growing technology being able to communicate with the people in the organization and having a continuous and smooth flow of information is vital for the survival of the organization. (Source: www.rebeccamorgan.com)Decision Making in OrganizationDecision making are steps help you to make the appropriate decisions with the information available.

This process helps you figure out how to solve business problems, choose the best course of action to take, the consequences of decisions and the importance of individuals in the organization.(source: www.mindtools.com)Managing a Multicultural EnvironmentIn businesses, managers should now prepare themselves how to handle an increasingly diverse workforce and work effectively across globally. Multicultural Environment exists when people from all backgrounds work together, share knowledge, understand and cooperate with each other.

(Source: www.chariscorp.com)Business EthicsEthics are all about making decisions that may or may not be to your benefit but you make them because they are the most socially acceptable solutions. In organizations, being ethical is not considered a good thing or is thought to have a negative effect. This is because the organizations are usually about doing what's best for becoming the top organization, this mean sometimes not doing the right thing. (Source: www.businesstrainingmedia.com)Corporate Social ResponsibilityIn an international economy, more and more organizations are demonstrating and catering to corporate social responsibility.

In order to be sustainable in the Long term, organizations have to reconsider their business values, goals and objectives from focusing only on being a profit making organization to being socially involved in the society.( Source: www.BNET.com)Managing Change Change is constant and it is natural for the work environment to change with time but there are many problems that occur with change. Employees are resistant to change because they don't know the reason of change; the change is inconsistent with the goals of the organisation, the change is taken as a threat to their existence or it could be that the employees are already discouraged.

(Source: http://www.detroitchamber.com/detroiter/articles.aspcid=103&detcid=328)Managing Knowledge and LearningWhen you're managing a learning organization, it is very important that you open doors for all kinds of data. Learn from own employees .you should learn from Customers, Competitors, Suppliers, even from your arch rivals. Such an environment helps cultivating an innovative and creative workforce. (Source: http://ezinearticles.com)