MBA

What is Organizational Culture? Organizational Culture included an organization’s expectations, experiences, philosophy, and values that hold it together, and is expressed in its self-image, inner workings, interactions with the outside world, and future expectations. It is based on shared attitudes, beliefs, customs, and written and unwritten rules that have be developed overtime and are considered valid. (The Business Dictionary). As defined by Schwartz and Davis (1981), culture is a pattern of beliefs and expectations shared by the organization's members. These beliefs and expectations produce norms and powerfully shape the behavior of individuals and groups in the organization. How are Cultures created? An organization's culture is shaped as the organization faces external and internal challenges and learns how to deal with them. When the organization's way of doing business provides a successful adaptation to environmental challenges and ensure succe...

Image: 1 What is Globalization? “Globalization is the free movement of goods, services, and people across the world in a seamless and integrated manner”. Looking at the definition from a different perspective, globalization can also mean that countries liberalize their import protocols and welcome foreign investments into sectors that are mainstays of its economy. Looking at it from another perspective, globalization could also meant that countries liberalize their visa rules and procedures so as to permit the free floe of people from country to country. Moreover, globalization results in freeing up the unproductive sectors to investment and the productive sectors to export related activities resulting in a win-win situation for the economies of the world. Introduction to Globalization Globalization has made the world one big global village. Goods that were available in one part of the world now can be found across the globe. Because of globalization the econ...

Employee Engagement & Levels of Employee Engagement Employee engagement happens when, as per Armstrong, (2017) “ people are committed to their work and to the organization ”. “Employee Engagement is the emotional commitment an employee has to the organization and its goals” Kevin Kruse (nd). Gallup, (nd) defines engaged employees as those who are involved in, enthusiastic about and committed to their work and workplace. There could be many definitions to Employee Engagement, yet it means the same. If proper, adequate engagement is not involved, lesser the job satisfaction and higher the costs.   As identified by Gallup (2006), Employee Engagement has three levels: Engaged Employees Disengaged Employees Actively Disengaged The diagram below helps to give a better understanding on the distribution of employees in the different levels of engagement. Image 1: Engaged Employees – work with...

Image 1   What is Performance Management? As clearly stated by Armstrong (2017)   Performance Management is “ The continuous process of improving performance by setting individual teams and goals which are aligned to the strategic goals of the organization, planning performance to achieve the goals, reviewing progress, and developing the knowledge, skills and abilities of the people ”. Four elements of Performance Management 1.        Agreement 2.        Feedback 3.        Positive Reinforcement 4.        Dialogue Principles of Performance Management 1.        Be honest and open – for good performance management, good relationship is vital 2.        Keep it simple – keep the emphasis on the development of performance and paperwork simple 3.   ...

Understanding the Stages of Team Formation Henry Ford (nd), " Coming together is a beginning. Keeping together is progress. Working together is success ". Just as Henry Ford had quoted, be it resolving a company issue or to lead a company project, employees look at them in different perspectives. Their approaches, ideas, and many more differ. Each and every person have their different beliefs, egos, problems where eventually the final decision could be affected. Image 1:  When employees are called in to lead a project, employees of different backgrounds come together to work as a team to lead it. But just as Jane Austen (nd) quotes “ too many cooks spoil the broth ”, if all try to lead and resolve the project with all their differences, the project wouldn’t go anywhere but still at square number one. Hence all employees need to come into one page to move forward with. As according to Bruce Wayne Tuckman, psychology professor, came up with the model ...

Employee engagement has become a key business priority for senior leaders. They recognize the possibility that highly engaged employees can intensify innovation, productivity, and bottom-line performance while minimizing costs related to recruitment and retention in highly competitive talent markets (Sibanda, 2014). What is Employee Engagement? “Employment engage is the extent to which employees feel passionate about their jobs, are committed to the organization, and put discretionary effort into their work” Why is Employee Engagement important? Employee engagement is more important today than it was before. When an employee has the feeling of belongingness to the company, their inputs are valued they tend to be attached to the company than just simple employees. Organizations with better employee engagement perform better than competitors who do not. This also helps in retaining good employees in the organization. How is employee engagement measured? Improv...