Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Management plays a crucial role in ensuring the smooth operation of businesses and organizations. It involves overseeing the allocation of resources, setting goals, making decisions, and guiding employees towards achieving common objectives. Effective management requires strong leadership skills, the ability to communicate clearly, and the capacity to adapt to changing circumstances. Additionally, successful managers must possess problem-solving abilities and be capable of fostering a positive work environment that encourages collaboration and innovation
Question: What are some strategies that managers can implement to improve employee engagement and productivity within an organization?
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- Crisis management is a critical aspect of organizational leadership, focusing on the effective handling of unexpected events that pose significant threats to an organization's reputation, operations, or stakeholders. These crises can range from natural disasters and technological failures to public relations scandals and financial crises. Successful crisis management involves proactive planning, clear communication, swilt decision-making, and coordinated actions to mitigate the impact of the crisis and restore normal operations as quickly as possible. Organizations that excel in crisis management often prioritize risk assessment, develop comprehensive response plans, and cultivate a culture of resilience and adaptability Question: What are some key elements of an effective crisis management plan, and how can organizations ensure that they are adequately prepared to respond to various types of crises?arrow_forwardEvan found several companies he was particularly interested in applying to for work. They had similar values to Evan, including supporting work/life balance, and challenging projects in areas Evan was passionate about. Evan didn’t see any current job openings, so Evan looked on LinkedIn® for a current employee at the manager level. He prepared a cover letter, detailing the specific values that attracted him to the company as well as his skills and qualifications. He asked to connect with the manager through LinkedIn®. When the manager accepted his invitation, he reviewed the manager’s profile and made some adjustments to his cover letter, highlighting that they went to the same school and were part of the same nonprofit organization. He then sent his cover letter with his resume attached through email. How can you discover more information about prospective employers to use in your cover letter?arrow_forwardHow do you respond to this in 100 words? Organizational commitment is defined as an employee's willingness to make significant efforts for their institution, desire to remain in it, and acceptance of its goals and values. Three different perspectives of organizational engagement can be distinguished. The first is the Social Exchange perspective, which suggests that an employee's commitment to the organization is a result of small investments made over time and that would prevent them from voluntarily disengaging. The second perspective is the Affective Commitment model, which emphasizes the psychological bond between the employee and the organization. The third is the Normative Commitment model, which focuses on the worker's work ethic and sense of responsibility (Herrera & De Las Heras-Rosas, 2020). Organizational commitment offers numerous benefits to both employees and employers. These benefits include increased job productivity, better attendance, and lower levels of…arrow_forward
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