Wednesday, February 26, 2020

Strategic and Tactical Management Essay Example | Topics and Well Written Essays - 500 words

Strategic and Tactical Management - Essay Example Everyone in the company should strive for the attainment of organizational vision. Lastly, two important things are stressed by Thomson and Strickland (2001), formulation of a good strategy and executing it most efficiently. Truly, strategic management is nothing if leaders cannot come up with a good strategy. Also, no matter how good a strategy is, if not executed efficiently then the company is still bound to fail. Tactical management is the company's "ability to quickly and accurately assess the situation and respond appropriately" (Thomson and Strickland 2001). As with strategic management it measures the company's responsiveness to the internal and external factors where it operates. However, tactical management's role is to minimize risk and maximizing returns for the business organization in a day to day basis. Thus, best practices will include a key understanding of the interrelatedness of economic variables which can determine the risks and opportunities that the company faces. Also, companies should always be responsive to changes by evaluating the alternative responses that it can implement. Being open to change and the need of technological advances in tactical management can also improve this process in a business organization. Toyota has communicated its goal of becoming the largest automaker in the world surpassing the giant General Motors.

Monday, February 10, 2020

Managing Conflict in Interpersonal Communication Essay

Managing Conflict in Interpersonal Communication - Essay Example This may not be common to all individuals because of the differences in our beliefs but truly speaking, granting pardon to an individual can really yield great results in enhancing positive communication. It is therefore a very important principle in management as it fosters positive communication. In order to show grace, there is a need to sometimes show willingness to demonstrate forgiveness and excuse the convicts’ actions. It is an act that comes out of an individual’s generous spirit and not out of provocation of rules and societal expectation. Grace isn’t demonstrated because we should but because of the will to grant it unconditionally. To fully understand the concept of grace let’s consider this scenario that two persons agree to share responsibilities and duties and on a particular day, when one of the persons is expected to perform his duties skips doing so because he realizes that he has a lot of work in office. His counterpart however decides t o do all the chores even when it is not his duty to perform. From the above case study the person who decides to take up responsibility when he shouldn’t be doing so in actual sense demonstrates an act of grace. It is worth noting that nothing has compelled this person to do so. He only does so out of will and does not expect a kickback when his counterpart comes back. From the case cited above, grace is said to be appropriately granted. It will however be inappropriate if the worker intentionally and repeatedly misses to conduct his duties with the notion that he will be helped do so. It is also an act of grace when someone foregoes own preferences while giving in to someone else’ preference. Grace also entails letting go of resentment, guilt and judgment about a coworker, friend or companion. When this is done, we release ourselves and others from consequences of guilt and blame. In addition, it is important to note that grace entails totally forgetting the bad sides of a worker, counterpart or companion other than hanging onto hostile feelings of the past that negatively impact on positive communication and management in general. Basically, grace should always comprise of an act of kindness, deferring needs or forgiving a wrong without an expectation of a payback. It is worth noting that showing grace is sometimes appropriate and sometimes inappropriate depending on the situation or problem in question. This is because there is a tendency that if it is always shown it can be easily misused by people who take advantage of kindness. For instance, someone might frequently abuse and upset others with a mind that pardon would be granted. This is out rightly wrong and therefore not appropriate to continue showing grace to the same person. When grace is granted and then exploited, a repeat of the same becomes inappropriate. However, in the event that grace is granted in good trust and another takes advantage, we should not take responsibility ourselv es. Being kind and always willing to pardon are worthy moral principles and therefore those who abuse grace are to take the blame. Ethical principles of self- assertion and self interest are not sufficient in interpersonal relationship and though it is seen as having the ability to create rich interpersonal relationship, grace is equally important. This is because we are all not perfect in what we do, more often we make mistakes, hurt others by what we say, or fail in performance of responsibilities and occasionally do