DM 204
Reaction Paper 2 – 21 July 2012
Submitted by: Angelica Barlis
Are Managers Obsolete?
Thomas M. Hout, Harvard Business Review
Businesses, organizations and companies have their own objectives that need to be achieved, through which the role of a manager is essential. These objectives will be accomplished through and with people in the most advantageous way of utilizing the available resources. In the article of Thomas M. Hout, he presented two interesting ideas that will make the readers contemplate whether or not the success or failure of a corporation depends solely on the management or to the different factors beyond the control of the management.
The Management
There are people who are trained to be high-quality
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A business ecosystem is defined as groups of firms which together provide complex products and related services to meet end-to-end requirements of users across the value chain. This trend is the response on the requirement of the system. This is a collaborative approach among different groups in order to serve each actor within the chain. "Innovation in ecosystems requires collective action to both invent and appraised, efficient, cross-organization knowledge flows, modular architectures, and good stewardship of legacy systems. It rests on multiple, complementary platforms.” as quoted from Professor Baldwin of Working Knowledge.
DM 204
Reaction Paper 2 – 21 July 2012
Submitted by: Angelica Barlis
“Every organization in the ecosystem has to be aware of the bigger picture.”. To be able to survive the global market arena, organizations should explore the idea of working with each other to attain their company’s specific objectives. The interconnectedness of each player gives a fair chance to achieve their respective goals.
Seeing through the Development Lens
This school of thoughts are not only applicable to businesses and corporations but as well as to the development work. Development managers bring various interventions to rural countryside and the
Individuals are part of the ecosystem: We are tightly interwoven into the total ecosystem of the world.
Example: Bronfenbrenner, (1979) states focus on interrelation transactions between systems, and stress that all existing elements within an ecosystem play an equal role in maintaining balance of the whole”.
To achieve the mission for this position, the GM must produce the following critical actions and results:
For convenience the review is organized around the following domains: ecosystem, cultural system, change, and research trends and needs. An ecosystem is composed of abiotic and biotic components which interact through the flow of energy, matter, and information, and all of this varies in space and time. (67)
'. (Hannagan, T (2002), ‘Management: Concepts and Practices ' P142.) Their goals and objectives vary immensely, but all must be considered.
We are now seeing the use of technology applications for disease self-management and patient empowerment yielding the potential to improve the overall state of a person’s health care. When these apps are also coupled with telehealth interventions, a unique opportunity is created that enables proactive interventions to improve compliance with medications, as well as shared decision-making by both patients and clinicians – core principles to support best practice models in managing these chronic respiratory disease states (9-11). For example, patient-generated data from mobile apps can be directly transmitted to a patient’s team of clinicians (for example, a medical home) where the data
When designing any new system special considerations, guidelines, and specification should be taken into consideration. It is best practice that as many people as possible participate in the project, adding some sort of
One of the primary responsibilities of a manager is to decide on objectives for themselves and their subordinates in that group. However, this task is not something that should be taken lightly. Managers need to ensure the goals they have set in place for their subordinates will support with those of the organization as well. Managers must assure their team members understands, consents
Case 2 is divided into two independent parts. You have to complete both parts. Part 1: Case “Spice is right” (Hall, Chapter 4, Internal control case) (max 1-2 pages) Only point c (COSO), not a, b, and d. Part 2: Case “Vouch and Trace” (max 2-3 pages)
Objectives therefore provide a clear structure for all of the various activities that an organisation carries out. By measuring how well an objective has or has not been achieved, managers can make necessary changes to their activities to ensure progress and achievement of the stated objectives are made within the timescale allocated.
As a process, management is a series of connected functions. Management does not take place in any particular order; it is a continuous process in which managers adjust what they are doing if a situation requires them to do so. The management process consists of the four functions, planning, organizing, and controlling, performed in order to achieve business objectives. The management function of planning is the practice of setting performance goals and identifying what actions should be used to meet them. The function of organizing includes assembling duties, individuals, and other
1.1 Why is it necessary to consult relevant groups and individuals about the work to be allocated and the resources they will need?
The primary goal as manager is to implement a strategy that will be able to be sustained overtime through careful planning, building a proper and supportive foundation and patience.
The success or failure of a business is dependent on the combined effort of the owners,
As trade increases hyper-competition grows forcing organizations to go global. By a company going global it requires them to rethink strategy and reform (Ananthram and Pearson, 2008). Global organizational structure is the way a company aims to merge local preferences with global strategy. The definition of global strategy is “strategic choices that have the characteristics of being globally uniform or integrated,” (Yip et al., 1997) such as standardization of products, uniform marketing, and competitive moves, but all globally (Townsend et al., 2004; Zou and Cavusgil, 2002; Bayraktar and Ndubisi, 2014). Global strategic strategy is a way to adjust to globalization. Globalization is “the economic and social process by which economies and communities grow inextricably interdependent “(Jhirad et al., 2009). The recent financial crisis (Das, 2010), large amount of poverty, and climate change are all problems that show how the world is globally connected because all countries impact each other (Jhirad et al., 2009).