Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
A set up which brings together individuals from different backgrounds, varied interests and specializations on a common platform for them to work as a single unit and achieve certain predefined goals is called an organization.
An organization must make money for its survival. It is essential for the employees to deliver their level best and eventually increase the productivity of the organization.
Organization Development refers to the various ways and procedures to increase the productivity and effectiveness of an organization.
Organization Development includes the various techniques which help the employees as well as the organization adjust to changing circumstances in a better way.
Kurt Lewin is ideally believed to be the father of Organization development.
A six step model for understanding organization was proposed by Weisbord
The goals and objectives of the organization must be clearly defined. The employees must be aware of their duties and functions in the organization. The individuals must know what is expected out of them at the workplace.
It is essential to divide the work amongst the individuals as per their interests, specialization, experience and educational qualification. Job mismatch should be avoided as it leads to demotivated employees. Let the individuals decide what best they can do.
The employees must share a cordial relationship with each other. Conflicts and unnecessary misunderstandings lead to a negative ambience at the workplace. There should be coordination between various departments for better results. Transparency is a must at all levels. Individuals must discuss matters among themselves before reaching to final conclusions. The departments must support each other in their work.
It is important to appreciate the ones who perform well. Those who do well must be admired in front of all to motivate them and expect the same from them every time. The management must make the non performers realize their mistakes and ask them to pull up their socks. They should not be criticized, instead dealt with patience and care. Give them opportunities but still if they don’t perform up to the mark, punish them.
Leaders should be more like mentors and must provide a sense of direction to the employees. They should bind the employees together and extract the best out of them. The superiors must be a source of inspiration for the subordinates.
Promote training programs to upgrade the skills of employees and help them face the challenges and changes in the organization with utmost determination. Plan your resources well.
Your email address will not be published. Required fields are marked *