Discuss the ideas that are essential while designing an organization.main post-min 300 words class mate post reply -150 words with 2 APA references Class mate post- Organizational design refers to the entire procedure of defining the hierarchical setup within an organisation or a company. This is done to ensure a clear organisational definition inRead more about We can work on Discuss The Ideas That Are Essential While Designing An Organization.[…]
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We can work on Organizational Behavior Name Institution Organizational Behavior Prompt 5A The aphorism “culture eats strategy for breakfast” implies that a single ideology cannot achieve an organization’s success without being supported by key strategies. Thus, organizational leaders have to maintain cultural coherence across all departments, particularly in determining corporate strategy. Strategy, capabilities, and culture need to be aligned for best results (Riccucci, 2014). All teams need to be engaged in every activity to promote positive organizational behavior. In an organization, I would use this thinking to encourage better working strategies that engage all subordinates in across all organizations portfolios. I would also use culture when drafting an organizational strategy. Consequently, maintaining cultural coherence in the organization succeeds when leaders incorporate capabilities, knowledge, and strategies effectively. Prompt 5B Setting goals to direct organizational performance is a sign that the organization has a definite target to achieve. One of the attributes of goals is that they serve as a direct function since they direct attention and effort towards the achievement of the organization’s activities. The second aspect of goals is that they have an energizing function (Locke, & Latham, 2002). Great or high goals lead to more exceptional achievements than small goals. When the leader sets top targets, which may seem unachievable, more significant efforts are channeled towards their, unlike when low goals are set (Locke, & Latham, 2002). When a team has more significant targets to achieve, they have higher self-efficacy than those working towards a lower target. The third attribute is that goals affect persistence as continuous success inspires people to work for higher achievement after achievement of tasks at hand. The last quality is that goals affect action indirectly by enhancing arousal, discovery, and leading to task recovery by directing essential knowledge and strategies. In the organization, I would use goals more effectively by inviting the subordinates to take part in the goal-setting exercise. By making employees set goals will motivate them to work towards achieving the specific goals as they would feel appreciated and recognized. This theory will also make other subordinates to own the goals hence embrace efficacy and persistence in achieving them. Goals can be used to promote collaborative behavior in the workplace (Locke, & Latham, 2002). Consequently, goal setting and implementation strategies that positively impact organizational culture. During my internship program at Scripps Health in the HR Department, I was involved in a goal setting activity. The CEO organization welcomed all the subordinates to contribute to the process. The experience helped me to develop an insight over the importance of having inclusive leadership as it helps in motivating employees and other stakeholders to work towards the same goals. References Locke, E. A., & Latham, G. P. (2002). Building a practically useful theory of goal setting and task motivation: A 35-year odyssey. American psychologist, 57(9), 705. Riccucci, N. M. (2014). Leadership and the transformation of a major institution: Charles Rossotti and the Internal Revenue Service. In Serving the Public Interest: Profiles of Successful and Innovative Public Servants (pp. 24-35). Routledge.
Organizational Behavior Name Institution Organizational Behavior Prompt 5A The aphorism “culture eats strategy for breakfast” implies that a single ideology cannot achieve an organization’s success without being supported by key strategies. Thus, organizational leaders have to maintain cultural coherence across all departments, particularly in determining corporate strategy. Strategy, capabilities, and culture need to beRead more about We can work on Organizational Behavior Name Institution Organizational Behavior Prompt 5A The aphorism “culture eats strategy for breakfast” implies that a single ideology cannot achieve an organization’s success without being supported by key strategies. Thus, organizational leaders have to maintain cultural coherence across all departments, particularly in determining corporate strategy. Strategy, capabilities, and culture need to be aligned for best results (Riccucci, 2014). All teams need to be engaged in every activity to promote positive organizational behavior. In an organization, I would use this thinking to encourage better working strategies that engage all subordinates in across all organizations portfolios. I would also use culture when drafting an organizational strategy. Consequently, maintaining cultural coherence in the organization succeeds when leaders incorporate capabilities, knowledge, and strategies effectively. Prompt 5B Setting goals to direct organizational performance is a sign that the organization has a definite target to achieve. One of the attributes of goals is that they serve as a direct function since they direct attention and effort towards the achievement of the organization’s activities. The second aspect of goals is that they have an energizing function (Locke, & Latham, 2002). Great or high goals lead to more exceptional achievements than small goals. When the leader sets top targets, which may seem unachievable, more significant efforts are channeled towards their, unlike when low goals are set (Locke, & Latham, 2002). When a team has more significant targets to achieve, they have higher self-efficacy than those working towards a lower target. The third attribute is that goals affect persistence as continuous success inspires people to work for higher achievement after achievement of tasks at hand. The last quality is that goals affect action indirectly by enhancing arousal, discovery, and leading to task recovery by directing essential knowledge and strategies. In the organization, I would use goals more effectively by inviting the subordinates to take part in the goal-setting exercise. By making employees set goals will motivate them to work towards achieving the specific goals as they would feel appreciated and recognized. This theory will also make other subordinates to own the goals hence embrace efficacy and persistence in achieving them. Goals can be used to promote collaborative behavior in the workplace (Locke, & Latham, 2002). Consequently, goal setting and implementation strategies that positively impact organizational culture. During my internship program at Scripps Health in the HR Department, I was involved in a goal setting activity. The CEO organization welcomed all the subordinates to contribute to the process. The experience helped me to develop an insight over the importance of having inclusive leadership as it helps in motivating employees and other stakeholders to work towards the same goals. References Locke, E. A., & Latham, G. P. (2002). Building a practically useful theory of goal setting and task motivation: A 35-year odyssey. American psychologist, 57(9), 705. Riccucci, N. M. (2014). Leadership and the transformation of a major institution: Charles Rossotti and the Internal Revenue Service. In Serving the Public Interest: Profiles of Successful and Innovative Public Servants (pp. 24-35). Routledge.[…]
We can work on The Walt Disney Company and Pixar, Inc.: To Acquire or Not to Acquire Student’s Name Institutional Affiliation The Walt Disney Company and Pixar, Inc.: To Acquire or Not to Acquire Part 1 Walt Disney Company has experienced various strategic issues. One of the issues is that the company has lost a significant percentage of its subscribers in the “Entertainment and Sports Programming Network (ESPN).” Currently, the company’s ESPN has few consumers compared to previous years. The primary reason why consumers have shifted from ESPN is the emergence of less expensive internet platforms (Alcacer et al., 2019). Before, customers watched sports with Disney, but currently, they can watch video sports using cheaper internet platforms. Over the years, the market position of Walt Disney had been high. The high market position was obtained through the company’s appeal to customers by charging low prices. People, especially young adults, prefer watching sports and as a result, they invest most of their time in viewing sports, which means that they cannot pay higher prices for internet platforms that provide sports videos. The causes of issues faced by the company include resources and market factors. Company resources include both physical and human resources. Human resources consist of brand names and intellectual capital, while physical resources include distribution networks and plants (Dyer et al., 2019). In this case, although Disney Company has advanced technologically, its “ESPN” brand name has caused customers leave the platform because of the increased charges. Regarding market factors, Alcacer et al. (2019) affirm that, ESPN has caused Walt Disney Company to experienced intense competition from its rivals. The company primarily deals with entertainment, which focuses on the tastes and preferences of consumers. The fierce competition has caused a reduction in the company’s revenue. Besides, the management of the company does not aim at the deliberate approaches of meeting consumer demands. Consequently, the company has been criticized whenever it releases new sports videos in the market. Walt Disney has not been able to attract new consumers and, therefore, it has been a challenge for the company to enhance an excellent market position by concentrating on the customer’s preferences and tastes. Walt Disney Company can address strategic issues by realizing the best action. For instance, analyzing the company’s value chain will help in achieving its operational goals and strategy. Although the company lost its ESPN platform, it can create synergies by customizing and combining resources with another company. For instance, if Disney acquires Pixar, the independency or resource combination will enable Disney Firm to increase its profits. Moreover, the company can change its operations to sustain quality and decrease prices. Lowering prices and sustaining the quality of services offered will help in maintaining the current consumers, and restore the customers lost by the company to its rivals. Furthermore, the company can focus on dealing with educative and motivational films, because customers do not criticize educative products and will remain attentive to educational films concerned with their social and business lives. Part 2 Should Disney Pursue the Acquisition of Pixar? Dyer et al. (2019) speculate that, companies perceive alliances and acquisitions as strategies that spur growth. However, alliances and acquisitions strategies have unique disadvantages and advantages. Companies that ignore the differences, risk in purchasing firms they should have allied, or allying enterprises they should have bought. For that reason, it is imperative for a company to acknowledge when to use the ally and acquire strategies. For instance, if a company desires to generate collaborations by integrating its efforts and another firm’s efforts, it should ally with the firm. However, if the said company seeks to combine production plants to acquire synergies, the company should purchase the firm to regulate economies of scale. .For example, Disney Company requires physical resources such as animation. Animation is essential to the corporate strategy of Disney Company, since the characters from Disney’s animated films increase company sales. In 2012, the aggregate revenue of Disney Company was composed of human and physical resources such as resorts, parks, internet, consumer products, studio entertainment, and media networks (Dyer et al., 2019). Therefore, revenue will increase highly if Disney acquires Pixar. Although Disney Company will experience a financial risk amounting to $7.4 billion, the amount is not small for the company. Also, the acquisition will result in overlapping and overstaffing of businesses and sectors. For example, the businesses and sectors of Pixar Company are similar to those of Disney, which could cause a substantial reduction in profit and a rise in workforce cost. Consequently, the acquisition will be influenced by market factors. For example, it will cause an increase in competition, because of increased advancements of the techniques used by the companies rivals (Alcacer et al., 2019). As a result, the Company can acquire synergies by retaining significant employees and motivating them to be more productive. The company should focus on solving the stability problems of the acquired company by creating adequate space for employees’ improvement. Moreover, Disney Company should adjust salaries and awards adequately, and ensure that the leading technology and creativity talents remain locked in the combined syndicate. Also, the company should focus on avoiding unmerited expenditures caused by certain behaviors and overlapping of departments. The new company will generate innovative ideas and reduce its operational cost. Acquiring the Pixar Company will increase Disney’s market power. Pixar Company has ten years of registered animation technology, which cannot be purchased by other companies. Furthermore, the total box of Pixar doubles that of Disney, indicating that acquisition will enable Disney to have a stronger market power (Alcacer et al., 2019). Furthermore, the quality standard, creativity, and 3-D technology of Pixar Company will enable Disney to increase its diversification and reduce its operational costs. The acquisition will help the two companies to establish mutual goals through excellent communication by retaining the creativity and unique features of the acquired company. References Alcacer, J., Collis, D., & Furey, M. (2019). The Walt Disney Company And Pixar Inc.: To Acquire of Not to Acquire. Harvard Business School. Dyer, J., Kale, P., & Singh, H. (2019). When to Ally and When to Acquire. Harvard Business Review.
We can work on Select a tool that is essential to the analysis of an organization’s financial status and explain it in detail.
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