Organizational Behavior High School Essay Example | Topics and Well Written Essays - 5000 words

Organizational Behavior High School - Essay Example According to the essay findings every member of an organization from top manager down to operator needs clearly spelled out-objectives. These objectives should be derived from the goals of the business enterprise. Thus there is a need for every manager to spell out his contribution to the attainment of organizational goals in all areas of the business. The managers must understand that business results depend on balanced efforts and results of a number of business areas. The objectives of all managers at all levels and in all areas should be a key to both short range and long-range considerations. ; As the paper discusses organizations like an organism must adopt themselves to their environment if they are to survive and grow. The pressure for such changes comes from within the organizational leadership or from some external force. A desirable form of change should be evolutionary rather than revolutionary. Good managers, therefore, must conceive of an communicate explicitly to their employees the need for a necessary change. Change is virtually the characteristic of an industrial enterprise. The rate of change in industry has increased markedly as the consequences of the scientific and technological revolution that is going on at an increasing rate. Organizational change is the number one problem of modern managers. Change is inevitable. Management of change certainly does not imply random and unplanned responses to a changing environment. An organization consists of inter-related and interacting systems, to perform complicated tasks. Principal among these are: (i) Authority and power system or the system of work flow and process, (ii) Re-organization of the tools and techniques used in the system involving provision of better equipments. (iii) Change in the attitudes and behaviors and inter-personal relationships of people working in the organization through systematic manpower planning. Reasons for Organizational Change There are a number of factors both external and internal, which affect organizational functioning. Any change in these factors necessitates changes in an organization. The more important factors are as follows: Change in Environment. Every organization exists in some context. 'No organization is an island unto itself' Each must continually interact with other organizations and individuals - the consumers, suppliers, unions, shareholders, government - and many more. Each organization has goals and responsibility related to others in its environment.

Finance for development Essay Example | Topics and Well Written Essays - 1000 words

Finance for development - Essay Example Laws and economic policies differ in different countries; hence the financial sector development and economic growth also differ in different countries. Reforms of financial sector in BRIC or emerging countries started after the 2008/2009 global financial crisis. Ranking of financial development can be measured using Financial Development Index. This index is determined by various factors affecting the financial sector such as policies, financial intermediation, and financial access. The figure below shows how such factors interrelate to determine financial development index of a given economy or country. Due to the economic potential of BRIC economies, financial institutions have increased significantly in such countries. The figure below shows the number of banks that entered advanced economies and emerging economies between 1995 and 2009. The figure above shows that there were more banks entering emerging markets between 1995 and 2009 than banks entering advanced economies. Increased financial market participants and factors affecting financial sector development in emerging countries have caused general increase in financial index performance of BRIC economies as shown below. From the graph, it is clear that china’s financial sector development is greater than other BRIC economies, followed by Brazil, India and Russia consecutively. However, China’s financial development index dropped in 2012. This may be attributed to the decrease in banking financial services scores. The country also performed poorly in terms of financial sector liberalization, bond market development and insurance development in 2012. On the other hand, Russia’s financial development index improved in 2012 due to improvements in financial markets pillar and equity development sub-pillar. In terms of economic growth, China remains the best performing due to its increase in economic growth rate from 2009 to 2012 followed by India,