Organizational Behavior, the Modele, Elements, Challenges.

PRESTON UNIVERSITY EMBA PROGRAM DISTANCE LEARNING ASSIGNMENT ORGANIZATIONAL BEHAVIOR-1 Semester: Fall 2012 Deadline for Submission of Assignment: November 5, 2012 Attempt all questions. Your answers should not be copied, word-for-word, from the textbook. You may use the terms, concepts, examples from the textbook, but these must be written as your own, independent expression. 1. What are the three levels of analysis in this book’s OB model? And draw the diagram of OB model stage II 2. Identify the challenges and opportunities managers have in applying OB concepts. 3. Explain the key biographical characteristics and describe how they are relevant to OB 4. What are the main levels of†¦show more content†¦| |C. Managing Workforce Diversity | |Workforce diversity is one of the most important and broad-based challenges currently facing organizations. | | | |While globalization focuses on differences between people from different countries, workforce diversity addresses differences among people within given | |countries. | | | |Workforce diversity means that organizations are becoming more heterogeneous in terms of gender, race, and ethnicity. It is an issue in Canada, Australia, | |South Africa, Japan, and Europe as well as the United States.Show MoreRelatedCulture in Negotiation7014 Words   |  29 Pagesinformation sharing in negotiation. The article describes why inter-cultural negotiations pose signi ® cant strategic challenges, but concludes that negotiators who are motivated to search for information, and are  ¯ exible about how that search is carried out, can reach high-quality negotiated outcomes. Downloaded by [UQ Library] at 16:52 09 September 2011  à  à    Cet article presente un modele sur la maniere dont la culture in ¯ uence les processus et les resultats d’une negociation. Il commence parRead MoreOrganisational Theory230255 Words   |  922 Pages. Organization Theory Challenges and Perspectives John McAuley, Joanne Duberley and Phil Johnson . This book is, to my knowledge, the most comprehensive and reliable guide to organisational theory currently available. What is needed is a text that will give a good idea of the breadth and complexity of this important subject, and this is precisely what McAuley, Duberley and Johnson have provided. They have done some sterling service in bringing together the very diverse strands of workRead MoreGame Theory and Economic Analyst83847 Words   |  336 Pagescontributors Introduction Christian Schmidt Game theory has already observed the passage of its ï ¬ ftieth birthday; that is, if one accepts the conventional chronology which places its birth at the publication of Theory of Games and Economic Behavior (TGEB) by Von Neumann and Morgenstern (1944). This anniversary evidently did not escape the notice of the Academy of Stockholm, which in 1994 awarded the Nobel Prize in Economic Sciences to three game theorists, Nash, Harsanyi, and Selten. A

Key issues facing my organization over the next five years Free Essays

Amwal was formed in 1998 as a financial planning firm for the women of Qatar under the patronage of HE Shiekha Mozah, the wife of the Emir of Qatar.   As a result of Amwal’s success and reputation it was transformed into a fully licensed investment bank in 2005. Amwal, like most of the investment banks and asset management firms in the region, has benefitted from the unprecedented economic growth, high oil prices, and surplus wealth. We will write a custom essay sample on Key issues facing my organization over the next five years or any similar topic only for you Order Now The GCC countries are expected to grow over seven percent in the next five years. Qatar is one of the top GCC countries in economic performance.   As such, Qatar’s economy is expected to grow 13% in 2008 as a result of sustained oil prices and the country’s ambitious gas industrialization initiatives. Following Russia and Iran, Qatar has the world’s third largest gas reserves. In terms of energy, these reserves are expected to last for more than 200 years. This growth is not temporary in nature and is expected to continue over the long run. During former U.S. Federal Reserve Chairman Alan Greenspan’s recent visit o Jeddah, he was quoted saying that the oil boom would â€Å"go on forever†. All of these factors have resulted in a mushroom effect on the growth of different kinds of financial institutions in the region.   Existing banks are expanding rapidly, new banks are being set up, and many international players from US, Europe, and Asia are setting up shop in this region. In the last two years nearly 280 financial intuitions have surfaced in Qatar and the United Arab Emirates (UAE). In the current market scenario, I believe that Amwal will face the following challenged as it strives to become a world class investment bank:  Carving its own identity and differentiating from its regional peers Amwal has a very strong shareholder base that includes prominent local and regional organizations.   For this reason Amwal’s identity sometimes is overshadowed by affiliation with one of its shareholders in the multiple   transactions that Amwal actually facilitates.   As a new investment bank Amwal leveraged its shareholder base to its benefit.   However as we grow it is imperative that we carve out our own identity that will build a strong brand recognition in the region. This is important because it will help Amwal to differentiate itself from its regional competitors, who often operate on similar grounds and similar strengths.   This will occur over the mid   to long range period as Amwal builds on successful deals, takes steps to increase social responsibility, and invests in its employee resources. Competing with global names such as Deutsche Bank, Morgan Stanley and Goldman Sachs Due to economic growth and initiatives to develop the capital markets, GCC countries have been successful in attracting global names such as Deutsche Bank, Goldman Sachs, Morgan Stanley, Barclays etc. This presents a unique challenge for a local bank like Amwal to remain competitive due to its relative inexperience as compared to the multinational investment banks. GCC countries have embarked on a major capital expenditure initiative, developing their infrastructure and other major projects. Qatar alone will spend over $100 billion(U.S.) over the next five years.   This will help to position Amwal as a local expert with global capabilities. Hiring and retaining key staff Due to the spur in new market entrants, banks are competing for the best human resources and often find themselves short of a healthy bench-strength. This has been mainly due to the high turnover, shortage of seasoned professionals, and a general preference to employ western educated professionals with regional experience. This problem is more prevalent for local banks with limited resources. These local banks are rely heavily on key staff such as the senior manages of investment banking and asset management. Amwal is not immune to this problem and has recently developed a policy of retaining good employees and encouraging its staff to develop further expertise by sending them for training and allowing time off from work for academic studies.   Amwal will face a key challenge of retaining staff and hiring more professionals due to circumstances beyond its control including regional factors such as increased competition and the higher cost of living. Need for a better corporate governance Another challenge is creating the right balance of power and accountability between the board of directors, senior management, shareholders,   and internal operating departments.   Amwal has grown tremendously over the last few years and is now planning for its own Initial Public Offering (IPO) early next year to support its current growth and future goals. During the initial years of operation, Amwal’s management style was very centralized with authorities and powers limited to a few key individuals. While this is very common among most local and regional institutions like Amwal, this structure usually leads to a financial and strategic gap upon the exit of these key individuals. Amwal has come a long way since its transformation into an investment bank and have developed business policy principles, guidelines, internal and external regulations and monitoring mechanisms. However, as we continue to grow, expand our global reach, and prepare for the IPO, I believe these measures would need to be constantly reviewed and enhanced as they are critical for conducting proper corporate accountability and enhancing business prosperity. Another prevailing impediment is the lack of proactiveness of the local governing bodies that need to substantially enhance the regulatory framework, develop stricter industry guidelines, and encourage transparency.   As an industry leader, Amwal is in a unique position to have a positive effect on the creation of the regulatory industry in the region. Conclusion These observations are not only unique to Amwal.   Since we are in a constantly changing environment it is critical that local and regional institutions identify these challenges and develop a strategic plan to respond to them.   I believe that Amwal is well placed and uniquely positioned for this challenge with its sound business model and comprehensive long range strategic plan. How to cite Key issues facing my organization over the next five years, Essay examples

Teamwork - Communication and Ethics for Business - myassignmenthelp

Question: Discuss about theTeamwork, Communication and Ethics for Business. Answer: Teamwork is extremely important in present day workplaces as it helps to work in coordination with colleagues and seniors within a team to achieve common goal at a faster pace. It provides the company as well as the staff to develop the ability to become more familiar with each other and also to learn about working together. It not only helps in supporting each other but also helps in assimilation of ideas that bring creativity and innovations on the work floor (Weller, Boyd and Cumin 2014). It helps in fostering creativity and learning along with development of complementary strengths. It has been also helpful in preventing any conflicts between the team members by building string bonds between them. Besides, helping in development of conflict resolution skills, it also helps in the development of a wider sense of ownership among the team members creating a supportive environment (Manley and Martin 2016). Effective communication is often important in order to develop teamwork and to world successful results. For effective communication, important ethics also need to be followed. This following assignment will mainly help in establishing the interconnected relationship between effective teamwork, team performance, team communication and ethics in communication. This will in turn be helpful in understanding how each of the terms related with team work and organizational success. Often individuals in an organization need to align their interest together and work in coordination with other members in order to achieve common. This is called teamwork. Dochy et al. (2014) are of the opinion that when colleagues work together, it helps in higher productivity and improvement in morale and overall quality product or service. If there is any conflict between the staffers, it can lead to potential negative impacts like inhibition of effective teamwork, delaying of projects, cost overrun situations along with decrease in effectiveness o the work. One of the most important attribute for effective teamwork is group dynamic. All the team members should understand and comply with the organizational objectives including short terms as well as long term strategies (Stephens et al. 2016). This would make sure that all the members are working to meet common goals while performing their everyday tasks. This results in maintaining strong team dynamics and helps in achieving comp anys goals. Another important attribute that enhances team effectiveness is mutual accountability where team members make promises to each other along with that of leadership (Salas and Rosen 2013). It is very important to develop a culture of responsibility, obligation and support from each other and also by effective leadership to foster accountability. Team performance can be enhanced by individuals being responsible about own work and duties and tracking individual as well a group progress. The team should help the struggling individual by providing support and should also create positive pressure to deliver results without disappointing each other. The third attribute which enhances team performance and maintain the team environment is giving each other the power to make decisions. Lowe and Mcinnes (2015) are of the opinion that transparency helps in inviting more creative suggestions in the team creating a more collaborative environment. Here, everyone feels respected as they believe that their suggestions are considered important which make them enthusiastic towards team work. This increases team performance. Collaborative leaderships also increase team effectiveness by building proper relationships among the team embers helping them to succeed individually and accomplishing the mutual objectives. Proper motivation can be given to team members by allowing them to take decisions to bring out radical changes. Another important aspect for increasing team performance is utilizing the individual strengths of the members to achieve bigger goal. In any workplace, different individuals come with his their own set of skills, talents as well as strengths. It is very important for all teams to utilize the unique skills of each individual by proper planning for the benefit of the entire group to maintain profit in the overall effectiveness of the business. An open minded attribute should be possessed by all team members in order to maintain team communication. Effe ctive feedback giving and receiving skills are also found to be extremely important to develop the quality of the work of each individual and also maintain an environment of transparency among the team without inviting team conflicts (Russ et al. 2013). This had been stated by researchers to break the ice among team members and prevent them from having negative feelings about each other. Moreover, the team members should also be aware of the cultural preferences and inhibitions of their team members an do not indulge in any activities that harm the cultural traditions and feelings of their fellow members. When all these are maintained effectively, a proper team work can be ensured which will result in higher team effectiveness and team performance. Although teamwork acts as an important tool for meeting the organization goals and developing business skills and function, it can also create several issues. It can result in development of tensions and anxiety among employees that may act as barriers in achieving goals. Effective communication in teams can help in eliminating the stress and negative feelings among team members making them enthusiastic and perform beyond their capabilities (Sacks et al. 2015). For development of effective communication, team members should first develop an open mind, a clear understanding of the organizational goal and also developing the habit of active listening. Active listening is one of the most important aspects of effective communication which involves proper note taking, asking of relevant questions and then repeating what the speaker had said to verify it. Effective communication makes the team members succeed in their projects because it enhances open mindedness giving scopes to individual in asking questions rather than making assumption about each other (Gausvik et al. 2015). This helps in building trust and harmony in the working environment. Another important aspect of effective communication which enhances team effectiveness is marinating a two way feedback. It is very important for every team member to learn the ways by which detailed and constructive feedback should be given for increasing team communication. Care should be taken so that the skills of offering feedback can coach the team members rather than creating extra boundaries for them. A two way feedback is stated by the researchers to enable team members to self evaluate and develop skills and features (Martin et al. 2015). Effective communication is also helpful in prevention of many issues that may arise from unclear instruction and miscommunications. Effective communication actually helps in clarifying the roles and responsibilities of every team members that reduces the chance of improper role clar ity of members. When there are fewer misconceptions, the chances of failure of projects reduce. Effective communication helps in clarifying conception, expectation and also behaviour of each different role of members (Merry, Weller and Mitchell 2014). Meeting together socially and engaging in both formal and informal communication gives team members a chance of relaxing together without the boundaries of the work environment and helps to know each other better. This assures better relationship building and effective results in teamwork. Moreover, ensuring intercultural communication skills are also important to overcome language barriers in a multicultural environment. Proper knowledge about other cultures is extremely important in effective communication as it helps in portraying certain customs and body language that is respectful to the individuals of other cultures. Having culturally competent communication skill are indeed very necessary in maintaining effective communication i n global companies. Offering effective training about proper communication skills and building good team spirits through effective communication can help in reaching the organizational objectives at a faster pace (Mater and Ibrahim 2015). Ethical communication in teamwork mainly refers to the moral aspect of interaction with a team to ensure proper teamwork. This mainly helps in enhancing of the human worth and dignity by fostering the main values of human worth and human dignity. These can be achieved only when the team members have the right values gathering by proper fostering of the truthfulness, fairness, personal integrity, responsibility and also respect for self and the others (Carlson et al. 2017). The main attribute requiring for maintain ethical communication in teamwork is development the feeling of caring and self responsibility not only for oneself but also for the other group members. Many researchers over the years have provided many important attributes that they state to be helping in development of ethical communication in team performance. Truthfulness, accuracy, reason as well as honesty are very important for maintaining the integrity in the communication which ensures effective relationship deve lopment and trust on each other. Another important principle for communication ethics in workplace in teamwork is the endorsing of the freedom of expression, diversity of the perspectives as well as tolerance to dissent for achieving the informed as well as responsible decision making which is fundamental to proper teamwork to succeed in team efficiency. Another important ethics that every team members should maintain while working as a team is to understand and respect other communicators before evaluating and responding to them or before creating any assumption about them and their working skills. It is very important for the individuals to have complete access to different communication resources as well as different opportunities which are indeed necessary to fulfill human potential and also to contribute to the well being of the team and the team members for effective communication (Thistlethwhaite 2015). As an individual of team, he should try his best to condemn and disapprov e any communication that degrades not only team members but also humanity through distortion, intimidation, hatred, coercion, intolerance or violence. One of the most important ethical principles that every human being should surely practice while working in a team is committing to oneself about the courageous expression of personal convictions in order to maintain fairness and justice. One of the most important ethics that should also be maintained in order to maintain team performance and team effectiveness is advocating successfully by sharing information as well as opinions and feelings when facing significant choices. At the same time, the individuals should ensure that they are respecting the privacy and confidentiality of the other members (Mater et al. 2015). Researchers are of the opinion that unethical communication threatens the quality of all types of communications. It in turn hampers the well being of all the individuals of the team members as well as the organization where all are working. It is very important for all team members to accept the responsibility for the short term as well as the long term consequences for not only the own communication but also expect the same from others. From the entire discussion above, it is seen teamwork is extremely important for achieving a common goal of an organization. While working in a team, it is extremely important for members to maintain an effective communication and maintenance of transparency and open mindedness. Accountability and sharing common set of goals are extremely important for maintaining proper teamwork. One of the most important aspects of team effectiveness is effective communication; it reduces the chances of misunderstanding and also helps in marinating role clarities. Proper communication can be achieved by active listening techniques and also by development of two way communication methods. Giving and receiving of feedbacks also ensure that proper communication is maintained. Intercultural communication skills are also necessary for maintaining global teamwork. Also maintaining of communication ethics during team work also ensures higher team performance. Maintaining truth and dignity as well as respo nsibility and social justice are essential for communication. Proper information sharing, opinions and also feelings are necessary as ethical communication strategies. Disapproving any communication climates that enhance the distortion, intolerance, coercion and hatred are indeed very important to maintain ethical communication. These are indeed important to be maintained in workplace so that no ethical conflict arises during communication in workplace. Team performance and team effectiveness can only be ensured through the above mentioned strategies and techniques which will help in achieving not only the goals of the team but also help in aligning with the mission and vision of the organization successfully. References: Bovee, C.L., Thill, J.V. and Raina, R.L., 2016.Business communication today. Pearson Education India. Carlson, John R., Dawn S. Carlson, Emily M. Hunter, Randal L. Vaughn, and Joey F. George. 2017 "Virtual team effectiveness: Investigating the moderating role of experience with computer-mediated communication on the impact of team cohesion and openness." InRemote Work and Collaboration: Breakthroughs in Research and Practice, pp. 687-706. IGI Global, 2017. Clark, P.G., 2014. Narrative in interprofessional education and practice: implications for professional identity, providerpatient communication and teamwork.Journal of interprofessional care,28(1), pp.34-39. Dochy, F., Gijbels, D., Raes, E. and Kyndt, E., 2014. Team learning in education and professional organisations. InInternational handbook of research in professional and practice-based learning(pp. 987-1020). Springer Netherlands Gausvik, C., Lautar, A., Miller, L., Pallerla, H. and Schlaudecker, J., 2015. Structured nursing communication on interdisciplinary acute care teams improves perceptions of safety, efficiency, understanding of care plan and teamwork as well as job satisfaction.Journal of multidisciplinary healthcare,8, p.33. Lowe, E.A. and McInnes, J.M., 2015. Control in socio-economic organisations: a rationale for the design of management control systems (Section II).International Journal of Critical Accounting,7(5-6), pp.411-426. Manley, K. and Martin, A., 2016. Transforming the workforce through systems leadership and workplace facilitation of learning development and improvement. Martin, H.A. and Ciurzynski, S.M., 2015. Situation, background, assessment, and recommendationGuided huddles improve communication and teamwork in the emergency department.Journal of Emergency Nursing,41(6), pp.484-488. Martin, H.A. and Ciurzynski, S.M., 2015. Situation, background, assessment, and recommendationGuided huddles improve communication and teamwork in the emergency department.Journal of Emergency Nursing,41(6), pp.484-488. Mater, W. and Ibrahim, R., 2015. Factors Supporting Teamwork Communication In Clinical Pathways: Systematic Literature Review.Journal of Theoretical and Applied Information Technology,81(3), p.481. Merry, A.F., Weller, J. and Mitchell, S.J., 2014. Teamwork, communication, formula-one racing and the outcomes of cardiac surgery.The journal of extra-corporeal technology,46(1), p.7. Russ, S., Rout, S., Sevdalis, N., Moorthy, K., Darzi, A. and Vincent, C., 2013. Do safety checklists improve teamwork and communication in the operating room? A systematic review.Annals of surgery,258(6), pp.856-871. Sacks, G.D., Shannon, E.M., Dawes, A.J., Rollo, J.C., Nguyen, D.K., Russell, M.M., Ko, C.Y. and Maggard-Gibbons, M.A., 2015. Teamwork, communication and safety climate: a systematic review of interventions to improve surgical culture.BMJ Qual Saf,24(7), pp.458-467. Salas, E. and Rosen, M.A., 2013. Building high reliability teams: progress and some reflections on teamwork training.BMJ Qual Saf,22(5), pp.369-373. Stephens, T., Hunningher, A., Mills, H. and Freeth, D., 2016. An interprofessional training course in crises and human factors for perioperative teams.Journal of interprofessional care,30(5), pp.685-688. Thistlethwaite, J.E., 2015. Interprofessional education and the basic sciences: Rationale and outcomes.Anatomical sciences education,8(4), pp.299-304. Weller, J., Boyd, M. and Cumin, D., 2014. Teams, tribes and patient safety: overcoming barriers to effective teamwork in healthcare.Postgraduate medical journal,90(1061), pp.149-154.