In the existing management system, the emphasis is placed on administrative management. This leads to high demands for labor workers, strengthening control and avoiding the use of poorly trained workers already in the interview stage. In general, in complex and extreme situations, the staff is able to maintain clarity of thought and act quickly, actively and appropriate. During the prolonged stress, employees may underestimate their own state, so over time, the level of stress can be reduced. In the team, there is a low level of emotional stamina. However, in a stressful situation such employees become emotionally unresponsive. This ...
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Managing diversity in the business management context
Ethnicity and discrimination based on gender in the labour market have been highly prevalent in recent years with many nations and their governments searching for alternative strategies and developing policies to reduce it. Education has for so long been perceived as the only avenue through which this menace can be addressed, and policymakers have been trying to regulate it in such a way as to offer equal opportunities to all individuals. There has been a marked improvement in registration into institutions of higher learning by young BME people in recent years in the UK. This is mainly fueled by ...
The main characteristic of the activities of corporations in our time is the effective use of available modern means of communication. One of the examples of effective communication is the ability of staff to communicate with the company’s management as needed because of the implementation of the new digital marketing campaign for the famous brand. The basis of the effective communication is a systemic interaction of individuals. In interpersonal communication, corporate relationships that are the foundation of the organization are carried out. We shared responsibilities properly and every employee performed his/her duties. Then we gathered and combined all ...
BUSINESS MANAGEMENT
Globalization brings numerous opportunities to businesses because of the increased market share and growth. However, mass production poses a threat to limited resources and the environment which necessitates sustainable innovation to meet the needs of future generations (Henry, 2006). As such, manufacturers and producers have to implement environmental standards and regulations regarding sustainable development. Particularly, they invest in R&D in sustainable, eco-friendly innovations to cut the operation costs and meet the environment standards. Nonetheless, such projects face risks and failure due to the newness of the concept due to the low success rate of sustainable projects, especially in closed ...
Organizational change is a process, which is undertaken by companies in order to move from the present to the future state, thus enhancing efficiency. The change usually involves a redesign of structures and cultures within the organization. It is possible to distinguish two types of change: evolutionary, which takes place gradually and has a narrow focus, and revolutionary. However, no matter what approach managers choose for the change process, it is crucial to conduct the change in a systematic and structured manner.
The first step in the organizational change process is action research, which allows to set goals and to plan a way to ...