The functional areas in any business can’t work alone; they must interact with other departments and have good communications within them.
The essence of creating and maintaining a productive workplace is the development of and continual fine-tuning of frameworks that promote team communication, collaboration and trust. A highly effective and productive workplace is one that enables workers to have a high level of autonomy, mastery and purpose in their work while also having a high level of job ownership (Kurland, 54). A productive workplace is one that also meets the fundamental needs of the worker while also providing a cultural and collegial structure they can excel within (Rodgers, 183). A highly productive workplace can also be characterized by having a very strong level of trust between everyone on the team, clear roles defined and the ability to transform complex challenges into achievements by shared task and vision ownership (Rodgers, 183).
Basically, the business partner model proves effective in building and promoting strong interpersonal skills among employees. In the CGMS case, this model will help identify and diagnose competency and cooperation between human resources employees. Adopting this model will reflect the effectiveness of both the executive management and lower level employees (Caldwell, 2008). Competent relationships between the CGMS management and employees will guarantee high levels of quality in the competent workforce. The performance culture model on the other hand demands performance records based on strategic goals throughout the organization (Graham, 2004). As is the case in CGMS, employee performance is directly affected by existing relationships
Effective working relationships and increased trust developed among the senior executives will carry throughout the organization as a model of how the newly integrated organization will work. Senior executives need to
Technology management (TM) for companies is about sustaining and improving a company’s competitiveness in the long-term; being able to think out-side-the-box of what will be the new best thing before its competitor. There are three main aspects that fall underneath the umbrella of TM, leadership, motivation of employees, and last appropriate management technology. A company’s goal of what they have in mind for TM is to create a synergy among all factors (i.e. research, development, planning, engineering, machines, software, productions, and communications) to make them countersink together
The purpose of this assignment requires consideration of how to develop and maintain trust at work, as well as how teams are built within the workplace and what effects and concerns a manager needs to be aware of.
1. Frank is director of technology in an MNE in which most of the R&D activities are performed in the parent company’s home country, but then, foreign subsidiaries are responsible for introducing the resulting innovations to their local customers. The innovation process adopted by Frank’s MNE is:
Another major challenges of any technological industry is R&D and capital expenditures, the R&D and capital expenditures cost is more than innovative output (Fritsch and Franke, 2004). For this organizations have been progressively prompted perform cooperative R&D to establish technological collaboration. For industries to sustain in market they often requires knowledge beyond organizations boundaries in order to overcome the existing technological base and dynamics, which requires innovation to create innovative technologies to compete against other industries to sustain in the market, industries think “two heads are better than one”, Some tasks may be accomplished more easily by two entities working together than by one working alone. So industries are collaborating to develop variety of products, which leads to the business success. The speed of change, particularly as businesses look to move into new areas in tough times, mean that the industries must invest more in creative-focused R&D, and look to exploit existing strengths through new business.
This course for juniors and seniors explores firm strategies related to innovation and technological change. We focus on how the success of technological innovations—new products, processes, and services—depends on the firm’s business model. Other key topics include intellectual property rights and the management of technological uncertainty through organizational arrangements such as corporate venturing, spinoffs, and alliances.
Hoque, F., & Walsh, L. (2011) states that a valuable resource within an organization is the cooperation capacity. Change is a vital part of this to create a clear balance for an organization to achieve a team culture. Discussions must be had by all parties within the organization to achieve inter department cooperation that can lead to success within an organization.
Building a powerful team of employees all over the world. ( Volkswagen, 2011, para. 1,2)
You also have to protect the company’s identity and the self-esteem of its people. Those two goals – making change and safeguarding identity – can easily come into conflict; pursuing them both entails a difficult and sometimes precarious balancing act.” Also, emotional bonds get created throughout the cross functional teams because they are no longer dealing with employees from just their departments. You learn from and about employees from all different levels and statuses.
The second stage is selection. It is well known fact that innovation is risky. In order not to fail, firm has to thoroughly assess the opportunities, so innovation will be held within the frame of company’s technological and marketing competences and will be coherent with overall business strategy (Tidd, J., Bessant, J., 2009). There are three components in this phase. The first component comes from previous stage and implies the analysis of opportunities, both marketing and technological, procurable for the firm. The second component includes the distinctive features company possesses, which are knowledge base, employees, equipment and experience (Prahalad, C., Hamel, G., 1990). The third component is suitability to the overall business strategy. This implies the fact that proposed innovation should be beneficial for firm’s performance, in other words, be in company’s competence base, otherwise it could lead to the failure (Cooper, R., 2000).
The connection that they can have can be very personal which they can use to treat the organization as a big family. Although these solutions may require expending costs, this is an investment that has high return that can offset the losses the organization is incurring due to the absences and unproductivity of their employees on its present condition.