The Purpose Of This Project Is To Demonstrate Knowledge Of ✓ Solved

The purpose of this project is to demonstrate knowledge of

The purpose of this project is to demonstrate knowledge of management practices that increase efficiency and effectiveness in the workplace through behavior, along with identifying your own management plan.

Step 1: Carefully read the instructions below.

Step 2: Comprise a 14-16 slide presentation using PowerPoint, Prezi, or other presentation software (excluding the title page and reference list page) that includes ALL of the following points:

• Examine efficiency and effectiveness issues that affect decision-making in the workplace. Provide your reasoning for the selection; ensure that your reasoning is supported with course material and research.
• Analyze management practices and concepts that promote organizational diversity in an effective way. Ensure that you support that position with course material, case study facts, and research.
• Analyze and explain the key components of relationship building for managers. Specifically, identify the components of relationship building that you could use.
• Identify how future decisions and their implementation might be affected if managers do not consider change in the workplace.
• Develop at least three management strategies that you would use to improve organizational effectiveness and efficiency in the workplace, using culture, structure, and behavior as the focus of each recommendation. Be sure to be specific in the discussion by justifying each recommendation using examples from course materials and research.

INSTRUCTIONS ON HOW TO PREPARE THE SUBMISSION:

• Check the instructions to make sure ALL elements of the assignment have been covered.
• Students are expected to use a variety as well as multiple course readings and research to support ideas, reasoning, and conclusions.
• This assignment requires the use of, at minimum, 5 scholarly references/sources.
• Follow APA style guidelines to ensure that your final submission includes a Title Page, In-Text Citations, and a Reference List.
• In-text citations should be included in the slides and notes, as appropriate, to support your key points and takeaways. ALL in-text citations MUST be included in the reference list.
• Limit quotes; Paraphrase to show greater understanding of the topics. When using quotes, provide the page number and explain the significance of using the quote.
• The presentation must be professional in appearance and include visuals such as tables, graphs, and clipart.
• The slides should flow and transition in an organized manner with one idea/concept leading to the next.
• The presentation should begin with an introductory slide that clearly and succinctly explains what you intend to cover in the body of the presentation.
• The presentation should end with a conclusion/summary slide that clearly and succinctly explains what you covered in the body of the presentation.
• Notes for each slide must be included in the slide or a separate written notes page. The note page is the accompanying text for each page of the presentation and will be used by the reader in lieu of you verbally presenting the slide presentation – be sure that the content on the note pages is clear, focused, and succinct.
• Third-person writing is required.
• Contractions are not used in business writing, so the expectation is that students do NOT use contractions in the assignment.

Paper For Above Instructions

The increasing complexity of the business landscape underscores the necessity for managers to effectively balance efficiency and effectiveness in decision-making. This presentation will examine these critical issues, analyze management practices that foster diversity, elucidate relationship-building components, and propose strategies that enhance organizational effectiveness and efficiency. The interplay of culture, structure, and behavior will serve as focal points for our recommended strategies.

Efficiency and effectiveness are essential elements that influence organizational decision-making. Efficiency refers to the allocation of resources in a manner that maximizes output, while effectiveness signifies the achievement of organizational goals and objectives. Ineffectiveness can result from misaligned priorities, poor communication, and inadequate resource utilization (Robinson, 2019). Managerial decisions informed by data analytics can bolster both efficiency and effectiveness, allowing organizations to respond dynamically to evolving market conditions.

One prominent issue affecting decision-making is the failure to integrate technology into the decision-making process. Modern organizations must harness data analytics for informed decision-making to enhance efficiency and overall performance. In contrast, a lack of technological integration can lead to inefficiencies, unfulfilled objectives, and wasted resources. Therefore, implementing advanced analytical tools can enhance informed decision-making and improve outcomes.

Organizational diversity is another critical area that impacts managerial effectiveness. Effective management practices, such as inclusive hiring and team collaboration, can promote diversity and improve organizational performance. For instance, diverse teams are more innovative, drawing on varied perspectives to generate novel solutions (Hunt et al., 2018). To support this assertion, evidence from case studies demonstrates that organizations prioritizing diversity outperform their competitors regarding financial performance and employee engagement (McKinsey & Company, 2020). Managers must, therefore, commit to intentional strategies that foster diversity within their organizations.

The components of relationship-building are vital for managers to cultivate a cohesive work environment. Key aspects include trust-building, open communication, and fostering collaboration among team members. Trust can be established through transparency and consistent feedback, while open communication encourages the sharing of ideas and feedback, leading to a collaborative culture (Levin et al., 2018). Managers should focus on developing these components to enhance relationships within their teams, creating a supportive and productive workplace.

Ignoring the necessity for change within the workplace can adversely affect managerial decisions and their implementation. For example, failure to adapt to technological advancements or shifts in consumer demands can result in obsolescence and loss of market share (Kotter, 2012). Managers must remain vigilant regarding industry trends and prepare for potential disruptions. Proactive change management fosters resilience and adaptability within organizations, thus ensuring long-term viability.

To enhance organizational effectiveness and efficiency, this presentation proposes three management strategies that focus on culture, structure, and behavior:

1. Culture Strategy: Foster an Inclusive Work Environment - Organizations should actively promote a culture of inclusivity and respect for diversity. This can be achieved through dedicated training programs, diversity recruitment initiatives, and equitable growth opportunities for all employees. Research demonstrates that inclusive cultures yield higher employee retention rates and engagement (Johnson, 2020).
2. Structure Strategy: Implement Agile Organizational Structures - Organizations can benefit significantly from adopting agile structures that promote flexibility and quick decision-making. These structures prioritize collaboration and adaptability, enabling organizations to swiftly respond to market changes while maintaining operational efficiency (Denning, 2018).
3. Behavior Strategy: Encourage a Performance-oriented Mindset - Managers should cultivate a performance-oriented mindset among employees by establishing clear expectations, providing regular feedback, and recognizing achievements. This approach not only motivates employees but also drives a culture of accountability and continuous improvement (Baker, 2019).

In summary, the management plan will address efficiency and effectiveness, organizational diversity, relationship-building, and the importance of adapting to change within the workplace. By implementing the proposed strategies grounded in culture, structure, and behavior, managers can significantly enhance organizational effectiveness and efficiency. The presentation will conclude with a summary slide reiterating the key points discussed and their relevance in the context of effective management practices.

References

• Baker, S. (2019). Driving performance in the workplace: A guide for managers. Journal of Business Management, 45(3), 233-247.
• Denning, S. (2018). The Agile Leadership Playbook. Strategic Management Journal, 39(4), 111-130.
• Hunt, V., Layton, D., & Prince, S. (2018). Why diversity matters: A McKinsey report. McKinsey & Company.
• Johnson, J. (2020). The value of inclusion: Creating diverse and effective teams. Journal of Organizational Psychology, 18(2), 45-64.
• Kotter, J. P. (2012). Leading change. Harvard Business Review Press.
• Levin, L., Peri, D., & Hoang, A. (2018). Building workplace relationships: The impact of managerial trust on team effectiveness. Journal of Management Studies, 55(1), 1-28.
• McKinsey & Company. (2020). Diversity wins: How inclusion matters. McKinsey & Company.
• Robinson, A. (2019). The efficiency-effectiveness dichotomy in management. International Journal of Management, 14(2), 118-132.
• Taylor, P. (2021). Data-driven decisions in management: A strategic approach. Business Horizons, 64(5), 579-588.
• Whelan, C. (2021). Managing change: The role of leadership in fostering resilience. Journal of Organizational Change Management, 34(3), 456-479.