Wednesday, August 14, 2019
Discussion questions Coursework Example | Topics and Well Written Essays - 750 words
Discussion questions - Coursework Example Information sharing helps management relate to their employees directly. Times are changing organization structures from the old vertical structural policies, to horizontal structures. As a result, there are little or no communication boundaries between managers and employees. Tasks are now given to empowered employees (Daft 41). This is a change from the customary, routine tasks. The structures provide precision on each tasks, and who is to perform the task. For an organization to remain economically sound, their cultures change from rigid to adaptive ones. The new culture advocates for openness, change, continuous improvement, and equality. Competition is reduced to collaboration between organizations to allow for horning of talent and skill (Daft 41). Differences expected among stakeholdersââ¬â¢ expectations in a non-profit organization as compared to a for-profit organization exist. In most cases, stakeholders in a non-profit organization do not expect profit from their everyday business dealings. All the profit gained through business goes back to running the organization. Stakeholders in for-profit organizations, on the other hand, expect profit from daily business operations, for their own benefit (Daft 37). This is depending on how they may have invested in the organization. Non-profit managers do not need to pay more attention to stakeholders than business managers. This is because; business managers ensure the capital invested in the organization is spent as per the required standards. They are, therefore, considered parties that run the organizations. Stakeholders, on the other hand, only need to be filled in on the financial situation of the organization from time to time. This is to ensure that the capital in the organization is used properly. They monitor the fiscal activity in the organization (Daft 38). It is, therefore, the managerââ¬â¢s prerogative to watch business managers, more than the
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