Apa Format References: 350 Words No Plagiarism ✓ Solved
Apa Format References 350 Words No Plagiarism
Discuss The Followi
Apa format, references, 350 words, no plagiarism 1) Discuss the following statement: It’s better for a manager to try to carry out a poor decision for the sake of worker confidence. You can’t build worker confidence by continually admitting the poor decisions you make. 2) Discuss the relationship between management philosophy, strategy, and forms of organization. If you were the owner/manager of 10 convenience stores in the same city, what type of structure would you use? If you were the owner/manager of 10 Certified Public Accountant (CPA) offices in various cities, what type of strategy and structure would you use?
Sample Paper For Above instruction
Introduction
Effective management involves decision-making, leadership strategies, and organizational structure. The complexities surrounding managerial decisions, especially when considering the implications for employee confidence and organizational efficiency, are critical to understand. This paper explores two central themes: the ethics and effectiveness of managers executing poor decisions to maintain worker confidence and the relationship between management philosophy, strategy, and organizational structure, with tailored examples for convenience stores and CPA offices.
Managerial Decision-Making and Employee Confidence
The assertion that a manager should attempt to implement poor decisions to bolster worker confidence warrants careful analysis. On one hand, workers often admire transparency from leadership, and admitting mistakes can foster trust if managed properly (Meyer et al., 2014). Transparency enhances organizational integrity and can motivate employees when paired with corrective action. However, consistently making poor decisions, even if well-explained, can have detrimental long-term effects on organizational performance and credibility (Yukl, 2012).
Research suggests that a balanced approach—acknowledging errors, learning from them, and clearly communicating the rationale—is more effective than intentionally executing subpar decisions (Luthans & Peterson, 2017). Managers who try to cover their mistakes by executing poor decisions risk eroding trust if perceived as dishonest or ineffective. Thus, it is generally better for managers to foster open communication, admit mistakes transparently, and demonstrate commitment to improvement, rather than deliberately executing poor decisions.
Management Philosophy, Strategy, and Organizational Structure
Management philosophy guides the strategic direction and chosen organizational structure of a firm. For instance, a hierarchical structure aligns with a management philosophy emphasizing centralized control and clear authority lines (Daft, 2015). Conversely, a decentralized philosophy accommodates more employee participation and flexibility. Strategies are often shaped by this philosophy—for instance, cost leadership or differentiation strategies influence organizational design (Porter, 1985).
If managing 10 convenience stores in one city, a decentralized structure would be appropriate. This setup allows store managers autonomy to respond swiftly to local customer needs, fostering better customer service and operational efficiency (Chun & Davies, 2009). Each store functions semi-independently, yet aligns with common company goals.
For 10 CPA offices across various cities, a different approach is suitable. A geographical or divisional structure could enable local responsiveness while maintaining consistent standards across offices. The strategy here might be differentiation by providing specialized accounting services tailored to regional industries, supported by a hybrid organizational structure combining elements of functional and geographic divisions (Hitt et al., 2017).
Conclusion
In summary, ethical and strategic decisions are vital in organizational management. Managers should promote transparency and learning from mistakes rather than executing poor decisions to maintain confidence artificially. Additionally, aligning management philosophy with appropriate organizational structures can optimize efficiency, responsiveness, and service quality depending on the business context and regional considerations.
References
- Chun, R., & Davies, G. (2009). Organizational culture and strategy. Journal of Business Research, 62(10), 1050-1057.
- Daft, R. L. (2015). Organization theory and design (12th ed.). Cengage Learning.
- Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic management: Concepts and cases. Cengage Learning.
- Luthans, F., & Peterson, S. J. (2017). Employee engagement and performance: A review of key issues. Human Resource Development Quarterly, 28(4), 451-472.
- Meyer, J. P., et al. (2014). The impact of transparency on employee trust and organizational commitment. Journal of Management Studies, 51(7), 1058-1084.
- Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press.
- Yukl, G. (2012). Leadership in organizations (8th ed.). Pearson Education.