Common Threats to an Organization
February 12, 2025
The Battle between Change Agents and Status Quo Adherents Every organization has its change agents who seek to take risks, disrupt the status quo, and introduce changes to steer the organization in a particular direction. On the other hand, there are also those who advocate the Status Quo and want the organization to treasure stability […]
Decision making involves a great degree of value clarity, ethical decision making involves more! Unlike certain financial, inventory and production decisions, ethical decisions cannot be coded into digital machines. They require critical thinking and evaluation. What makes ethical decision making so difficult ? Why cannot ethical decisions be programmed like other decisions ? What leads […]
Definition and Purpose of Bureaucracy What comes to your mind when you encounter the term bureaucracy? More often than not, you would think of slow moving, obstacle filled, and tedious processes that do not get your job done but instead, make you run around from pillar to pillar for your work. Though most of us […]
In the previous articles, we have seen how we can use exposure at default (EAD), loss given default (LGD), and probability of default to calculate the value of expected losses. However, it needs to be understood that expected losses are at best a crude estimate of the amount of money that would be required to […]
What is Leadership Leadership is a process by which an executive can direct, guide and influence the behavior and work of others towards accomplishment of specific goals in a given situation. Leadership is the ability of a manager to induce the subordinates to work with confidence and zeal. Leadership is the potential to influence behaviour […]
A set-up where individuals from diverse backgrounds, different educational qualifications and varied interests come together to work towards a common goal is called an organization.
The employees must work in close coordination with each other and try their level best to achieve the organization’s goals.
It is essential to manage the employees well for them to feel indispensable for the organization.
Organization management helps to extract the best out of each employee so that they accomplish the tasks within the given time frame.
Organization management binds the employees together and gives them a sense of loyalty towards the organization.
An effective management ensures profitability for the organization. In a layman’s language organization management refers to efficient handling of the organization as well as its employees.
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