Sunday, April 28, 2019

Managing Creativity and Change Essay Example | Topics and Well Written Essays - 2000 words

Managing creative thinking and Change - Essay ExampleThe pyramid scheme social structure looks reflects the governing of authority. The hierarchical governing structure is common in both the public and private sectors. In a typical private organization or public institution, departmental heads, as well as, unit managers report directly the general managers or the vice presidents, who in turn report to the president (Marlow, 2011). In small businesses, the layers are lesser than the layers in the large organizations. Although hierarchical organizational structures may be effective as far as managing thousands of employees is concerned, they spend a penny numerous weaknesses, which will result in them being less evident in the future. In like a shots business world, the level of competition in every industry is growing quick. One of the tonality factors behind the ever-increasing competition is the fact that globalization is ever increasing. In other words, the ever-increasing i nterconnectedness has substantially contributed to the rapidly increasing competition. Companies are spreading their operations outside the local borders to take advantage of new markets. another(prenominal) key reason why countries are going global is to take advantage of the hap dig especially in the emerging markets including China, India, and Brazil among other emerging economies. Firms that are taking advantage of the gilded crowd in todays competitive world are enhancing their competitiveness. Production using sleazy labor translates into competitive prices for the goods and services. Therefore, for all the global organizations that have shifted some of their operations to some of the cheap labor economies are becoming more(prenominal) competitive. This is because they are able to supply their goods and services at competitive prices in both the local and international markets (Dutz, 2011). The global economy has significantly changed in many ways. Countries are more depe ndent on each other than ever before. The world has become a global hamlet and an external effect on a single major economy or region has direct, as well as, indirect effect on the global economy. For example, a major economic outcome in the U.S. could positively or, negatively repair the whole world. This is because of the increased interconnectedness and dependence amongst nations. If there were an economic blast within the U.S., other countries including the small ones would benefit from the high demand of goods and services in the worlds largest economy. On the other hand, a recession in the worlds largest economy could adversely affect the rest of the world. For example, following the 2007/2008 global financial crisis, the poor economic state in the U.S. affected the whole global economy (Ofd.ncsu.edu, 2013). The worlds economy is shifting from hierarchical organization structures to flat organization structures. The expectations amongst employees are different under the ta ll and the flat structures. For example, under the hierarchical structures, employees feel that they have a job security. This is because of the fact that this type of organizational structure is present in large organizations, which have accomplish a higher level of stability. In these organizations, the level of innovation is lower, compared to organizations that embrace flat structures. This is because of the fact that the of age(p) high-level management keeps a close eye to the employees. In other words, there is more

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