Organizational Transformation Q&A Essay Example | Topics and Well Written Essays - 750 words

Organizational Transformation Q&A - Essay Example â€Å"The human capability for creative thinking, creative behaviour, and innovation is a major source of organizational change† (Levy and Merry, 1986, p.221). This reinforces that the people are integral to the development of any organization. This is an on-going process that requires the participation of the members of the organization for its efficiency and must be for the common benefit of all. These innovations are illustrative that the organization places individual growth as a part of its policy. Leadership is an important characteristic which guides the direction of the organization and is oftentimes the make or break catalyst which could either propel success, keep the status quo or lead to its demise. Many great leaders have become the cornerstone of their organization and have often been simultaneously the face which identifies the company. The leader is the one who is in the forefront of creating, managing and sustaining innovation. In the same light, he fosters th e kind of culture that is adopted by each member of the organization. Adair outlines the duty of a good leader which is necessary in implementing innovation, â€Å"It is your job as a leader at any level in the organization to facilitate desirable change and to encourage that attitude throughout the management team† (2007, p.17). ... Even ethical standards may at times differ in such a way that what is acceptable to one may be utterly deplorable to another. But this also is imperative in the continuing growth of an organization because it is important to stimulate creativity and hard work, and this could only be positively done through a reward system. The individual reward system gives the best sense of fulfilment to an employee and this may not be dispensed with. Schein proposes a logical ascertainment of this system, â€Å"Every group must develop a system of sanctions for obeying or disobeying its norms and rules. There must evolve some consensus on what symbolically and actually is defined as a reward or punishment and on the manner in which it is to be administered† (2010, p.107). This responds to the ethical implications that will necessarily exhibit because of the reward system. By creating clear-cut rules supported by an innovative and unyielding leader, the conflicts will be mitigated or at the v ery least they will be amenable to such rules. I will describe my organization as innovative because it incorporates the necessary tools that would define one to be adoptive to change and open to creativity. Admittedly, there are times when people may be butting heads and there are those who are not wholeheartedly supportive of the decisions and the policies of the management but I deem these to be necessary to the growth of the organization. Not everyone can be in good terms all the time because the company is essentially composed of people with different backgrounds and education that differences are inevitable. The policies of the company promote individual rewards which can be immensely gratifying not only on a

Economics- Topic is on PIIGS or PIGS which refers to the economies of Research Paper

Economics- Topic is on PIIGS or PIGS which refers to the economies of portugal, Ireland, Italy, Greece, and Spain. Briefly explain the Piigs issue in regards to the world economy - Research Paper Example With these and several other multiplier challenges, the fate of the performance of these countries seems to be hanging on the balance. The following discourse attempts to expound on the global issues with regard to prospects of economic performance from the PIIGS countries. By virtue of being member states of the European Union that is economically unified by the Euro, PPIGS countries present a challenge not only to the eurozone but to the entire world. One of the factors making these countries to possess a critical role in world economics is therefore pegged to the fact that the Euro has grown to be an occupant of the top world currencies. According to Bercsten (7), Europe representation in world economy is directly proportional to the performance of the Euro in domestic economies which will in turn be extrapolated to a global impact. The author reckons that the position held by Europe with regard to world economic stage is very significant such that the developments in PIIGS ought to be a concern for any other economy remotely located out of Europe. According to Roubini (34), financial crises in the recent world economic occurrences can be predicted from the build up of economic vulnerabilities that the global economy was exposed to. In realization of the role played by political fortunes of a country to its prospects of economic survival, the author states that the political class ought to handle financial policies as if they did that to the entire world. The author reckons that the political interventions undertaken to cool down the PIIGS economic turmoil might not offer the appropriate solution to the entire world economy. By likening the economic crisis in PIIGS to a disease, Roubini (34) predicts that the intervention might prove to be a dangerous precedent set for the global economy by stating that the drug prescribed is toxic and