Friday, February 21, 2020

CRITICAL PERSPECTIVES ON MANAGEMENT AND LEADERSHIP Essay

CRITICAL PERSPECTIVES ON MANAGEMENT AND LEADERSHIP - Essay Example CSM has a global nature which is quite relevant nowadays. Thus CSM doesn’t consider any special aspect of management; it concerns all spheres of management. Diverse perspectives, numerous issues, interpretations of gained management knowledge are important distinctive features of CSM. A period signified by occurrence of CSM is also known as a period of â€Å"post-modernism† and â€Å"post-structuralism† (Rosenau, 1992). This can be explained by changes emerged in Western societies. Thus there is a tendency to flexibility, hybridism and globalization (Sheppard, 2002).The main idea of post-modernism is an excess of instrumentalism in bureaucratic society. As a result creative thinking and perspectives are oppressed. Post-structuralism criticizes oppression of creative imagination as well. Post-modernistic ideas of CSM are directed on the search of diversity and respect of all kinds of beliefs, traditions and nations. Diverse values of modern society should be all equal. The same principles are relevant to post-modern organizations. On the example of post-modern organizations, the main principles of generally accepted managerial and leadership practices are discussed. Moreover, Weber’s theory and his considerations about organization’s st ructures and kinds of leadership are projected on modern practices of the business world. In order to show crucial role of CSM in modern business world, it is relevant to choose a certain theory which is of great importance for historical and modern critics and which is popular nowadays. Max Weber’s Theory is chosen to draw parallels between relevance of his principles in old and current days. In the middle of twentieth century Weber propagated prevalence of knowledge in the process of bureaucratic administration. â€Å"For the sociologist, power is principally exemplified within organizations by the process of control† (Weber, 1947). Max Weber’s theory

Wednesday, February 5, 2020

Benchmarking Essay Example | Topics and Well Written Essays - 500 words

Benchmarking - Essay Example Performance benchmarking provides a way in which organizations compare its performances with set performance metrics. Performance benchmarking takes the form of reviewing the company’s income statements and balance sheet to ensure they are made in accordance with the required standards. The performance gaps identified can be prioritized, corrected and follow-up can be made to ensure improvement in performance. Strategic benchmarking ideally is the comparison of companies to the long-term goals and objectives. It additionally involves identifying the winning strategies employed by top organizations and adopting them to the organizational strategies. Strategic benchmarking is majorly utilized by the top level management. Importance of benchmarking There are several key advantages of benchmarking. One major advantage is that it leads to cost-cutting for the businesses. Benchmarking lower the labor costs as a company can identify that a top company is used technology instead of la bor. Based on this review the company can adopt the technology has aided in cost-cutting. Benchmarking boosts a company’s product quality. A company can decide to purchase a rival company’s products for review. The information that will be acquired may utilize in developing a product whose quality is similar or even better compared to that of the competitors. Benchmarking can aid in increasing a company’s sales and profits. A company that is involved in benchmarking tends to improve its products, services, and even processes.