Friday, December 6, 2019

Management and Organization in Global Environment Cybernetics

Question: Discuss about theManagement and Organization in Global Environment for Cybernetics. Answer: Introduction The Law of Requisite Variety is one of the key theories that help a business in achieving efficient and sustainable management and organization. The Law of Requisite Variety states that the person who has the most flexibility in a system will eventually control the system (Axelrod VanDeveer, 2014). This is because the individual or the person who exhibits the highest degree of flexibility of behaviour in the system will have the most influence over it. This law, which is also known as the first law of Cybernetics, has often been termed to be a highly convenient and empowering methodology. The Law of Requisite Variety enables not only overall development of the business but also ensures personal development of the individual who adheres to it. The basic essence of this law can be stated as the more choices an individual has, the more freedom he/she gets to feel. This results in an improvement in the general quality of life. Requisite means required or necessary. Variety is more or less different versions of accumulation of information (Bhagavatula, Mudambi Murmann, 2017). So, the Law of Requisite Variety provides different versions of required information. It presents more choices and more freedom. The individual who can make the best use of it eventually has a better control over the entire system. The Law of Requisite Variety, when implemented in a business can bring about a plethora of positive effects. Some of these are Introduction of flexibility in the business environment in terms of the various techniques that can be employed in an organization The choices of the collaborators and the shareholders are also diversified over time With the increase in the number of choices, the number of business clients also increases both in terms of brands and the quality of work. The implementation of the Law of Requisite Variety in a business however has to be done carefully. The variety that is made available in the system should be perfectly controlled. Inadequate variety can result in an ineffective system while excessive variety can also destroy the system (Biagini, et al., 2014). Therefore, a perfect balance has to be struck and the individual should exhibit flexibility and intelligence while making a choice. Business goals have to kept in mind at all times and the required steps have to be taken (Hisrich Ramadani, 2016). Conclusion It is highly recommended that every business makes use of the Law of Requisite Theory for achieving its objectives. Not only do the managers get the flexibility where they can use different styles of leadership, it also increases the chances of successful outcomes for the organization. Employee Motivation - Expectancy Theory Executive Summary Another key method to boost the management and organization in a business is the Expectancy Theory which focuses on employee motivation. Given by Victor Vroom, the Expectancy Theory of Motivation states that an individual (in this case an employee) will behave or choose to act in a certain manner because they are motivated to do so as they expect certain outcomes from this specific behaviour over others. Introduction Expectancy is often described as the belief that increased effort leads to increased performance. Various individual factors like personality, knowledge, experience, skills and abilities influence an employees performance. And hence, expectancy in any of these spheres can improve the performance of an employee. According to this theory, motivation, effort and performance are all inter-related (Karekezi, 2016). Vrooms Expectancy Theory for employee motivation assumes that behaviour is a consequence of certain conscious choices that an individual makes when presented with a number of alternatives. The individual tends to pick that option that will give him satisfaction in his career objectives and also reduce stress. If an employee is able to perform well and attain his career objectives, this gets reflected on the overall business and the organization achieves steady growth. The income and the productivity of the business witness a gradual increase over the years. Two other terms that this theory mentions are instrumentality and valence (Lawler III Worley, 2015). Instrumentality is the belief that if one performs well, he or she can get a valued outcome. Valence is the belief that the individual has in the fact that this valued outcome is what he or she wants. Hence, the expectancy-instrumentality-valence cycle is very important from a business perspective (Marroqun-Cardona, et al., 2014). Implementation of the Expectancy theory in practice requires a number of factors to be fulfilled. Having the right skill set to do the job, having good managerial skills to get the job done and also having the right resources are a few of them (Marroqun-Cardona, et al., 2014). The expectancy theory, however, becomes ineffective when the employee goals are not in sync with the organizational goals. Therefore, before the implementation of this theory, employees should be clearly told about the long and short term goals of the business (Marroqun-Cardona, et al., 2014). Conclusion It is of utmost importance that the expectancy theory for employee motivation be implemented in day-to-day business as motivated employees hugely contribute to the productivity of the business. Employees who are willing to give long hours and work hard for the company also have certain expectations in return. Finding the perfect balance between these two is the key to a successful and sustainable business. These theories find application in every industry and have been tried and tested for a long time now. Keeping the employees motivated and happy is a must in every industry as happy employees make a happy company. References Axelrod, R. S., VanDeveer, S. D. (Eds.). (2014).The global environment: institutions, law, and policy. CQ Press. Bhagavatula, S., Mudambi, R., Murmann, J. P. (2017). Management and Organization Review Special Issue The Innovation and Entrepreneurship Ecosystem in India.Management and Organization Review,13(1), 209-212. Biagini, B., Bierbaum, R., Stults, M., Dobardzic, S., McNeeley, S. M. (2014). A typology of adaptation actions: A global look at climate adaptation actions financed through the Global Environment Facility.Global Environmental Change,25, 97-108. Hisrich, R. D., Ramadani, V. (2016).Effective Entrepreneurial Management: Strategy, Planning, Risk Management, and Organization. Springer. Karekezi, S. (2016). Generic Skills of Management and Organization: The Energy Sector in Africa Stephen Karekezi.New Generic Technologies in Developing Countries, 174. Lawler III, E. E., Worley, C. G. (2015). Organization Agility and Talent Management. Marroqun-Cardona, A. G., Johnson, N. M., Phillips, T. D., Hayes, A. W. (2014). Mycotoxins in a changing global environmenta review.Food and Chemical Toxicology,69, 220-230. Ribeiro, J., Machado, C. (2017). Global Talent Management: Reality or Utopia? A Special Glance Through a Portuguese Multinational Organization. InCompetencies and (Global) Talent Management(pp. 115-141). Springer International Publishing.

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