A Critical Examination Of Options For Productivity Improvem
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This document examines options for improving productivity. It defines productivity as the relationship between outputs and inputs. Productivity is influenced by many internal and external factors. Some common misconceptions are that productivity only refers to labor efficiency or is the same as increasing output. Improving productivity requires understanding how internal factors like people, technology, and management as well as external factors like policies, markets, and resources impact the overall system. The document recommends taking a systemic approach that recognizes relationships within the system and environment to develop effective options and strategies for long-term productivity gains.
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ORGANIZATIONAL CULTURE AND STRATEGY. HOW DOES IT WORK?
AN EMPIRICAL RESEARCH
Vele Cristian-Liviu
Department of Economics, Faculty of Science, "Technical" University, Cluj Napoca,
North University Centre Baia Mare, Romania
[emailÌýprotected]
Abstract: Why do some companies fail in their efforts to implement competitive
strategies? Why do others win in implementing competitive strategies? Of course
the reasons behind every fail and every win are numerous and can be related to
insufficient resources, lack of information, changes in the external environment, etc.
But let’s say that two companies, trying to implement a competitive strategy, have
the necessary resources, information and the environment is relatively calm.
Although the two companies have the same opportunity in implementing the
strategy, only one is successful in its efforts, while the other fails. Why? One
possible answer and one of the most plausible causes behind this fail is the
resistance to change. Strategies are designed to increase the company’s overall
performance by strengthening its capabilities and core competencies and by
eliminating the inefficient activities and processes. But, this phenomenon will
change the way in which things are done inside the company. This, in term, will
change the culture which defines that organization. Facing this threat, employees
will try to maintain things as they were, while managers are trying to implement the
new strategy to gain competitive advantages. As a consequence of this conflict, the
new strategy will most likely fail in its implementation, causing negative effects on
the company. This article wishes to provide a theoretical and empirical view on the
importance of having a dynamic organizational culture designed to sustain new
strategic initiatives. To underline this importance, an empirical study was conducted
on several Romanian construction companies with the intent of revealing the
correlations between a supportive culture and strategy. In conducting this study the
main objective was to reveal if companies characterized by a supportive and
dynamic organizational culture are more likely to have a strategy formulated and
implemented.
Keywords: organizational culture, strategy, strategic management, construction
industry
JEL classification: M14, L74, L20
1. Introduction
The business environment today is forcing the companies to focus their efforts onto
gaining more clients and increasing the overall level of efficiency and performance.
Thus, the quest to identify sustainable competitive advantages has become more
important than ever before. According to Michael Porter (Porter, 1985, p. 1)
competition is the most important element which influences the companies’ success
or fail, by dictating the action which must be taken regarding performance and
innovation, organizational culture and efficient implementation of competitive
strategies designed to position the com ...A value added approach by triple bottom line for Sustainable Development
A value added approach by triple bottom line for Sustainable DevelopmentTapasya123
Ìý
This document discusses the triple bottom line (TBL) approach for measuring corporate sustainability performance across economic, environmental and social dimensions. It begins by defining TBL and its focus on people, planet and profit. It then explains the need for TBL due to issues like environmental degradation, resource depletion and unfair business practices. Key points made include: TBL evaluates impacts on stakeholders rather than just shareholders; it assesses intangible assets not captured by traditional accounting; and it requires companies to report on broader performance measures. The document also provides examples of economic, environmental and social variables used in TBL scorecards and discusses how different industries are applying TBL principles.A Value Added approach by Triple Bottom line for Sustainable Development
A Value Added approach by Triple Bottom line for Sustainable Developmentprofessionalpanorama
Ìý
In the era of 21st century, a Triple Bottom Line not only measure profits as earlier,
but also measures the social, environmental and economic dimensions of an entity
through its activities and processes. It is a new way of evaluating a company’s impact
of their actions on both local as well as global scale for the survival and longevity
of an organisation. Due to uncertainty and unpredictability, corporate values are in
move from traditional to human and societal values. It is the first and foremost
responsibility of profit, non-profit or government sector to fulfill the various obligations
of their stakeholders as well as the planet we are living on. Traditional Accounting
methods do not take in consideration the intangible assets (human capital and intellectual
capital) and risks. Though, these factors are also the main attributes that affect
organisations accountability. Thus, there is a need of the hour to develop a system
of accounting that may include intangible assets and risks. There lies a major reason
for emergence of triple bottom line. Triple bottom line is thinking holistically, exploring
the inter-related relationships between the economic, social and environment that is
People + Planet + Profit (3 P’s). The companies aiming for sustainability need to
perform not against a traditional single, financial bottom line but against the triple
bottom line. This paper focuse on how triple bottom line approach change the way
of evaluating and reporting the performance of corporations. This paper emphasis
on how a value addition in financial bottom line changed into triple bottom line.
CHAPTER-3.pptx
CHAPTER-3.pptxFrancesFernandez10
Ìý
The document provides an overview of cost management and accounting systems. It discusses:
1. How the contemporary business environment has changed due to factors like globalization, new technologies, and a focus on customers.
2. The strategic focus of cost management is identifying critical success factors rather than just cost control.
3. Cost management is integrated with general management strategies and involves decisions that increase customer value and lower costs.
4. Accounting systems evolve along with organizations' strategies and architectures in response to changes in the business environment. Systems are designed to support both internal decision-making and external reporting needs.Business policy & strategy pp
Business policy & strategy ppyousser Gherissi Hegazi
Ìý
Strategic management contribute to :
develop competitive advances and reveals implementation practices and mechanisms of control
Allow a long-term alignment and a progressive environment strategy
Lead to globalization and strategic flexibilityPerofrmance linked with payroll
Perofrmance linked with payrollSaad Masood
Ìý
This document provides a literature review on the problems with implementing performance measurement systems linked to pay in the public sector, based on literature from the UK. It begins with an abstract that outlines the goals and promises of performance-related pay systems in linking individual rewards to organizational performance targets. However, the document notes that while these systems may increase productivity, their impact on employee motivation and behaviors has often been found to be negative. The literature review then examines different performance measurement frameworks and identifies gaps in the research on the strengths and coherence of links between rewards and performance measurement systems in the public sector.Draft Due Week 5 and worth 50 pointsHave you ever needed just th.docx
Draft Due Week 5 and worth 50 pointsHave you ever needed just th.docxkanepbyrne80830
Ìý
Draft Due Week 5 and worth 50 points
Have you ever needed just the facts?
At times a formal, objectively written approach is more appropriate or even critical for establishing credibility so that your audience will listen and get informed! The key to informative writing is making the shift from personal opinion to objective facts. This assignment will provide you with the important opportunity to practice making this shift to a style that is required in so many workplaces and throughout your academic program.
For this assignment, you will write an informative essay on the topic you have previously chosen. You will need to identify a problem, need, or process related to your topic. Then you will inform your audience and provide supporting evidence from a minimum of two credible sources that have been provided in the webtext. Keep in mind, you will continue to use the standard essay format: Introduction paragraph with a thesis statement, body paragraphs that specifically support the points in your thesis statement, and a conclusion paragraph.
Draft
Due
Week
5
and
worth
50
point
s
Have
you
ever
needed
just
the
facts
?
At
times
a
formal,
objectively
written
approach
is
more
appropriate
or
even
critical
for
establishing
credibility
so
that
your
audience
will
listen
and
get
informed!
The
key
to
informative
writing
is
making
the
shift
from
personal
opinion
to
objective
fact
s.
This
assignment
will
provide
you
with
the
important
opportunity
to
practice
making
this
shift
to
a
style
that
is
required
in
so
many
workplaces
and
throughout
your
academic
program
.
For
this
assignment,
you
will
write
an
informative
essay
on
the
topic
y
ou
have
previously
chosen.
You
will
need
to
identify
a
problem,
need,
or
process
related
to
your
topic.
Then
you
will
inform
your
audience
and
provide
supporting
evidence
from
a
minimum
of
two
credible
sources
that
have
been
provided
in
the
webtext.
Keep
i
n
mind,
you
will
continue
to
use
the
standard
essay
format:
Introduction
paragraph
with
a
thesis
statement,
body
paragraphs
that
specifically
support
the
points
in
your
thesis
statement,
and
a
conclusion
paragraph
.
Draft Due Week 5 and worth 50 points
Have you ever needed just the facts?
At times a formal, objectively written approach is more appropriate or even
critical for establishing credibility so that your audience will listen and get
informed! The key to informative writing is making the shift from personal
opinion to objective facts. This assignment will provide you with the important
opportunity to practice making this shift to a style that is required in so many
workplaces and throughout your academic program.
For this assignment, you will write an informative essay on the topic you have
previously chosen. You will need to identify a problem, need, or process
related to your topic. T.production process and operation management
production process and operation managementBangladesh Army International University of Science & Technology
Ìý
A Critical Examination Of Options For Productivity Improvem
- 1. A CRITICAL EXAMINATION OF OPTIONS FOR PRODUCTIVITY IMPROVEMENT
- 2. PREAMBLEThe issue of productivity Improvement is central to discussions of development globallyand nationally; yet, the term productivity means different things to different people.
- 3. CONT.As a phenomenon it ranges from efficiency to effectiveness; to ratesof turn over and absenteeism; to output measures of client or customer
- 4. CONT.satisfaction; to intangibles such as disruption of wok flow; and to further intangibles such as loyaltyand job satisfaction.To put it bluntly the definition of productivity is complex and this is because it is both a technical and managerial concept.
- 5. CONT.In an increasingly competitiveworldeconomy, the importance of productivity improvement in the workplace has become even morefundamental
- 6. What then is Productivity?The least controversial definition of productivity is that it is a quantitative and qualitative relationship between output and input. This definition enjoys general acceptability because of two related considerations.
- 7. CONT.One, the definition suggests what productivityis thought to be in the context of an enterprise, industry or an economy as a whole.Two, regardless of the type of activityin an economic or political system this definition remains the same as
- 8. CONT.long as the basic concept is the relationship between quantity and quality of goods and services produced and the quantity of resources used to produce them. Indeed, productivity is more of the end result of a complex social process involving science,research, analysis, training, technology,management, trade union, and labour among other inter-related influences.
- 9. Misconceptions About Productivity.Some common misconceptions exist about productivity. Such include:Productivity is only labour productivity or labour efficiency.Productivity is the same as increase in output or performance. Confusing productivity with efficiency of effectiveness.
- 10. PRODUCTIVITY IMPROVEMENTProductivity improvement is not just doing things better: more importantly, it is doing the right things better at the right time.The productivity process is a complex, adaptive on-going social system.
- 11. CONT.The inter-relationships between labour, capital and socio-organisational environment are important in the way they are balanced and co-ordinated into an integrated whole.
- 12. CONT.Productivity improvement depends on how successfully we identify and use the main factors of the socio-production system.
- 13. Improving productivity requires that the factors that influence productivitybe properly understood and analyzed. The factors that affect productivityinclude: Internal factors (controllable)
- 14. External factors (not controllable)Internal factors:Hard factors (not easily changed)Products and Services
- 15. Technology
- 16. Materials and EnergySoft factorsPeople
- 18. Work Methods
- 19. Management StyleExternal factors:Structural Adjustments or ChangesEconomic
- 20. Social
- 22. Land
- 23. Energy
- 24. Raw materialsCONT.Government and InfrastructurePolicies
- 25. Laws
- 26. Regulations
- 27. Institutional PracticesOPTIONS AND STRATEGIES FOR PRODUCTIVITYIMPROVEMENTSound productivity options and strategies call for a systemic approach to productivity improvement which recognizes the inter-relationship between the elements of the system andtheir environment. It defines the performance of the system and Maintains equilibrium while effectingchange.
- 28. Options: Develop improvement policies and plans
- 29. Review and rethink the entire operating systemDevelop participatory management decision -makingReduce in bureaucratic procedures and mechanismsJob restructuring
- 30. Evolve democratic method of planning and controlling
- 32. Embark on continuous training and education Introduce Social security schemes
- 33. Incorporate effective incentive schemes
- 34. Develop paradigms of productivity improvement Development of management information systems Set standard performanceCONCLUSIONImproving productivity will seem difficult at the initial stage of it development, but will become established when it is pragmatically pursue with a full understanding of the organisational dynamics in relation to the internal and external components of productivity.
- 35. CONT.Option abound but a tactful approach to improving productivitywill create the required environment for long term productivity and sustenance.
- 36. Thank you