The Fundamental Challenges Of Organizations

Operational excellence. Many industry players are facing strong competitive pressure, so cost leadership is another key to success.

This following will outline my personal leadership practices and potential future leadership. To analyze my leadership qualities I will use the Seven Habits Profile and a leadership theory to determine my strengths, weaknesses, and areas of opportunity for improvement. In conclusion, I will determine the best recommendations for long-term improvement as well as SMART goals, or short-term courses of action, for leadership improvement.

Determine the fundamental challenges that organizations face in general in regard to protecting organizational assets and information.

The staff, in other words “the people”, are the most important part of any business. Leadership needs to ensure they clearly communicate their Business Strategy, Behavioral Vision, and ensure their skills alien with the work that needed to be accomplish to successfully meet the overall business goals. Aligning “the people” within the business strategy is very important, but also very hard to do. According to

In Lisa Smith’s example, she has some of the same common challenges that small business managers face. Smith’s challenges include: cash flow issues, finding and retaining profitable customers, having too many overheads, and staying current. Compared to Tom Ewer 6 biggest challenges facing small businesses, Smith has four out of six challenges she needs to address if she wants to expand her business. “Tom Ewer list consist of: 1. Cash Flow Issues, 2. Tiredness, 3. Finding and Retaining Profitable Customers, 4. Motivating Employees, 5. Having Too Many Overheads, and finally 6. Staying Current.” (Ewer, 2016)

considerable challenges to an organization, both in terms of the need to respond intelligently to

As technology grows and information has become a critical asset companies currently are devoted their resource and money to protect their data as important as their finance and human resource assets.

6. What are the top 3 challenges for a CEO? How did you (or plan to) overcome them?

In the early 2000’s, Engstrom developed a major issue with financial logistics. The inability to pay bonuses to hard working employees (most who had relied on them as a regular part of their paychecks since the Scanlon plan’s institution in the 1990s) resulted in damaged morale and decreased productivity (Beer, 2008). Ultimately, utilizing monetary praise as a lone symbol of employee value accelerated any negative impacts due to the outdated Scanlon plan or the economic downturn.

The seven managerial challenges Target is facing are managing for competitive advantage. That includes responsiveness to customers, innovation,

A description of what you believe to be the key issue(s)/challenge(s) facing this organisation and justification.

The main challenges faced by the company during its growth stage were; generating awareness in new countries, being able to meet target demand by ensuring that the company did not incur losses, creating new customers, competitors selling the same product at a cheaper price and getting new employees who were willing to comply with the company rules.

The natural forces that bring companies together are dissipating in the communications and information technologies industries. Core competencies that form much of the force of economies of scope are becoming increasingly narrowed and specialized, leading us to industry fragmentation in the information revolution contrasting against the industry consolidation that accompanied the industrial revolution. If we look behind the curtain of public policy dressed in its diverse laws and regulations, we see less rather than more gravity drawing the communications industry into operational or financial consolidation. Neither vertical nor horizontal integration of communications-related businesses appears compellingly natural. The rate of technological advancements (and apparent lack of economies of scale that such behemoths as Bell Labs once enjoyed) allows industry giants to be toppled at unprecedented rates. Instead we see a growing value in cooperatively developed integrative standards that will marry such distant cousins as content to conduit, computing to transportation, appliance functionality to communications.

Firstly, every business establishment has leaders who play a major role in, managing productive staffs. The managers must have effective communication skills; for staffs to understand their roles within the business, what their daily duties are. Instruction must be given as to when deadline must be implemented. Adequate tools and equipment 's must be provided, for example within the retail industry merchandise products must be replenished on the shop floor and on no occasion should it be out of stock as this will prevail the input of staffs, therefore the employees will call in sick rather than go into workplace, that has no stocks to sell to customers. If staffs do not apprehend the role of their jobs and responsibilities, these might bring on stress and inadequate of performing

Companies and organizations of all types all face a common challenge: to evaluate how they want to be seen against the reality of how they are actually seen by various stakeholder groups and publics. How a company wants to be seen is known as its corporate vision. The corporate vision of a company explains the long-term goals and ambitions of a company. A company’s reputation, however, is how a company is seen overall, compared to its nearest rivals. Companies are able to establish strong reputations when they have high levels of visibility, distinctiveness, transparency, authenticity, transparency, and consistency (Cornelissen, 2014, p. 2). When companies have strong reputations, they are able to lead in their industries and have the favor of stakeholder groups.