Saturday, September 14, 2019
Canadian Globalization Essay
Canadian scholar Marshall McLuhan once said that the world is becoming more and more like a ââ¬Å"global village,â⬠each nation part of an increasingly interconnected society that stretches across national boundaries (6). Although he was talking about the role of new media in this change, he also was probably talking about the growing economic links that come with globalization. Globalization is a process that offers both the opportunity for a better world and the risk of destroying local communities, regional cultures, and entire natural environments. Over the last century, globalization has become a major issue in politics, environmental studies, and economics, touching every corner of earth as corporations spread. But Globalization is a broad term that does not necessarily mean one single thing. It usually describes the increasing interconnectedness of economies, political institutions, and individuals as the result of communication, transportation, and goods provided by multinational corporations. As Justin Ervin and Zachary Smith define it, ââ¬Å"Globalization can now be seen as a process that ââ¬Ëshrinksââ¬â¢ the world as human interaction ââ¬Ëthickensââ¬â¢Ã¢â¬ (4). The effects of globalization are neither good nor bad; there are costs and benefits as with most things in life. What is certain is that no nation on earth has not yet felt the effects of globalization. One nation that has been particularly involved in and affected by globalization is Canada. Canada is a nation often overshadowed by its economically dominant southern neighbor, the United States. As the world continues to globalize, Canadaââ¬â¢s role in this expansion is becoming increasingly important, and whether it will accept globalization entirely or continue to resist is a major point of debate. Canada has both embraced and rejected globalization: many of its corporations embrace it as a means of expanding, but many of Canadaââ¬â¢s people fear the effects of globalization on local culture, the economy, and the environment. For Canada, globalization has brought both economic prosperity and a series of cultural and environmental problems. In an address to the Richard Ivey School of Business at the University of Western Ontario, Wayne G. Wouters, Clerk of the Privy council and Secretary to the Cabinet, there are five dimensions to globalization. First, ââ¬Å"global capital markets now ruly operate 24/7â⬠and ââ¬Å"perturbations in one country or sector may now be felt both near and far. â⬠Globalization has made business both quick in time and geographically broad. Second, there are now ââ¬Å"global supply chainsâ⬠where products are made and shipped all across the globe. What started out as ââ¬Å"outsourcingâ⬠in the 1980s became ââ¬Å"off-shoringâ ⬠in the 1990s, and now is called the ââ¬Å"global supply chain. â⬠Third, there is the ââ¬Å"globalization of information,â⬠an interconnected network of media and communication. Fourth, globalization raises environmental concerns. Last, there is what Wouters calls the ââ¬Å"globalization of insecurity,â⬠the idea that the future is even more uncertain in a world where everything is connected and nothing is stable for long. These dimensions highlight that globalization is seen in Canada as both a force for good and a problem. Throughout its history Canada has had strong ties to Europe and later to the United States. As part of the British Empire it was an important source of natural resources such as timber and ores. In recent decades, the Canadian oil industry has become increasingly important as well. Canada has the third largest oil reserves in the world after Saudi Arabia and Venezuela (Lewis and Moor). Other industries such as technology, chemicals, and manufacturing continue to make Canada a major player in the world economy. But what does the continued growth of Canadian industry and its own involvement with globalization do to its regional cultures? How is Canadian identity affected by the spread of products and ideas from multinational corporations? How can Canada embrace globalization without sacrificing its natural and national resources? All of these questions are important when we look at the role of Canada on the global stage. Most importantly, it must be rightly remembered that the effects of globalization on Canada are not entirely beneficial or entirely damaging, demonstrating that globalization is both an agent of positive change and potential dangers. As a European colony founded mainly for trade, you might say that Canada has always been global. It has attracted people from all over the world . It was only in the 1920s that the US finally replaced Britain as the ââ¬Å"leading provider of foreign investment in Canadaâ⬠(Azzi). As David Lewis and Karl Moor note, tariffs and high taxes kept Canada relatively isolated as far as international trade goes until after World War II. In 1947 the General Agreement on Tariffs and Trade (GATT) opened up the Canadian economy by reducing tariffs and taxes on imports and exports. According to Azzi and also to Ervin and Smith (19), this led directly to the growth of Canadaââ¬â¢s international presence as a major worldwide economy. Later actions such as the Free Trade Agreement (FTA) with the US in 1989 led to more economic success (Azzi). This contributed to the fact that in 2012 Canada had $481. 7 billion in exports, the eleventh most of any country, although most of these exports are bought by the United States. More recently, Canada prospered through the 1990s and early 2000s. Then, after a 12 year surplus, Canada struggled in 2008 when the world economy started to decline. But Canadian banks came out of the crisis pretty well. In fact, according to the CIA Factbook, Canadian banks ââ¬Å"emerged from the financial crises of 2008-09 among the strongest in the world. Canada also has one of the worldââ¬â¢s largest economies, valued at $1. 5 trillion dollars annually. A recent report by Mark Carney, the Governor of the Bank of Canada, notes that globalization has been a generally positive force for Canada. He says that ââ¬Å"hundreds of millions of people have already been lifted out of poverty, with the real potential for hundreds of millions more to share their destiny. â⬠Carney points to Canadaââ¬â¢s current participation in globalization as part of the nationââ¬â¢s second longest expansion, which he compares to the Roman Empire and the Industrial Revolution. Carney sees the trends toward better growth, such as the doubling of the Canadian labor force by 2050, as signs that Canada will prosper at home and abroad. Canada remains a powerhouse on the international stage. Stephen Azzi calls Canada ââ¬Å"one of the most globally integrated countries in the world. â⬠It belongs to 14 international organizations, ââ¬Å"second only to the US, which is a member of 15â⬠(Azzi). This has led to prosperity and increased influence on the world stage. Globalization provides many benefits for Canada as a whole. For example, Canada enjoys the second highest standard of living in the G-8, and the eighth highest standard of living overall (CIA Factbook). Canadians enjoy access to products from around the world, travel frequently, and foreign trade has increased the overall prosperity of Canada. This is especially true for its businesses. Canadian corporations are becoming more and more international over the last three decades, as recent studies have shown. In one The Russell Reynolds Associates conducted a survey to see how Canadian companies were adapting to the new global economy. The results showed in the report, ââ¬Å"A World of Experience: The Globalization of Canadian Corporate Leadership,â⬠suggests that Canadian companies are getting significantly more global at both the top and bottom of their levels. The Reynolds study took CEOs from Canadaââ¬â¢s 100 largest corporations. It then measured how much international experience each of these executives had. According to the results the percentage of Canadian CEOs with international work experience rapidly increased between 1987 and 2007. What is even more interesting is that more and more Canadian CEOs are getting their international experience in countries other than the United States and Europe. This is a sure sign that Canadian companies are moving forward with a global perspective in mind. They are led by executives who understand that the world is interconnected now by ââ¬Å"webs of global supplyâ⬠(Reynolds). From Russell Reynolds and Associates Study 1987-2007 The Reynolds Report suggested that the benefits of participating in global markets are many. Their study also shows the importance of being able to trade internationally, since Canada is actively trying to become more global economically. It is especially important for Canada to look to the United States, one of the worldââ¬â¢s most globalized economies. There has been a good deal of government action on both sides that have further globalized Canada. For example, the Canada-United States Free Trade Agreement (FTA) was ratified in 1988, causing Canadaââ¬â¢s business scene to change. New markets opened up and more trade connections were expanded than ever before. Afterwards the passage of the North American Free Trade Agreement (NAFTA) and the establishment of the World Trade Organization in 1995 (WTO) built Canadaââ¬â¢s role even further. According to Stephen Azzi, Canadaââ¬â¢s role in the WTO has made it an important part of other large international financial organizations such as the International Monetary Fund (IMF) and the World Bank. One of the main questions about globalization in Canada is how it strengthens the countryââ¬â¢s connection with the United States. As the United States became one of the forefronters of globalization, Canada was also close behind. The expansion of the Canadian and global economies and the growth of emerging markets in developing nations improved trade and lowered investment barriers so that Canadian money could flow across the globe. Business was booming. Canadian firms began selling their products to other countries and creating ââ¬Å"global supply chains and contracts. â⬠Canadian companies also got access to lower-cost raw materials and cheaper labor. Even when foreign firms entered Canadaââ¬â¢s markets which increased the competition faced by domestic firms: ââ¬Å"By 2007, Canadaââ¬â¢s foreign imports and exports equaled 62 percent of its GDP, compared with only 43 percent in 1987. When Canadian firms started selling their companies and products to globally recongnized and international countries, the competetion increased making others more dependent on Canada. The entire Canadian economy grew as a result. A recent CBS News report at the Summit of the Americas, ââ¬Å"What is Globalization? â⬠(March 30, 2006) discussed the debate over what globalization means in different places. Canada was an early supporter of trade and investment liberalization and remains so today. More than 40 per cent of the countryââ¬â¢s economy depends directly on trade. The Canadian government thinks expanding trade and international investment is vital to the economy, but not everyone agrees. The definition of globalization from an anti-globalization group known as Anti-Marketing says globalization is ââ¬Å"the process of exploiting economically weak countries by connecting the economies of the world, forcing dependence on (and ultimately subservience to) the western capitalist machine. â⬠However, the report did not say that globalization did not have its fair share of problems. It pointed to problems of higher unemployment, lowered health care and decreased safety standards. It also pointed to the lower environmental protection standards, less effective government as corporations have more power, and less protection for developing industries and countries. Globalization can also provide easier communications due to improved technologies. This allows Canadian corporations to set up manufacturing plants in newly industrializing economies like China, India or Latin America where costs of production are lower. Although this often lowers the prices of goods, this also causes local Canadians to lose their jobs, resulting in discontentment, resentment, and loss in confidence in the Canadian government. Labor groups also dislike this effect of globalization. Often strikes and riots will be organized as the economy further suffers as companies continue to export jobs overseas. This problem is one that is both social and economic as local workers blame their economic problems on the outsourcing of labor. Worldwide communication also affects daily life in Canada. Canada is extremely well-connected to the rest of the world. According to Azzi, ââ¬Å"the average Canadian spends more than 500 minutes per year on international telephone calls. â⬠This communication goes beyond technology such as phones and internet. Canadians are also avid travelers. Canada has the forth most airports in the world (CIA Factbook). This increases the exchange of goods and ideas, making Canada a real hub. Of course, globalization has not met with universal acceptance. In his article ââ¬Å"Globalization is Killing Canada: Fight for Your Freedom,â⬠Paul Hellyer, Canadaââ¬â¢s former Deputy Prime Minister, makes an argument against globalization. Hellyer sees globalization as part of the reason why Canadian values are disappearing and Canadian independence is being threatened. Hellyer even sees globalization as a threat to Canadaââ¬â¢s sovereignty, saying that ââ¬Å"Canadian values are disappearing rapidly as we lose our independence and our sovereignty. â⬠He believes Canada is losing control of its most important industries and losing its most exciting and challenging jobs as companies move their headquarters to other parts of the world. Hellyer claims Canada has become a victim of globalization, a process that is good for two to five percent of the worldââ¬â¢s richest and most powerful people. It is bad for the vast majority. Global cooperation is essential for protecting oceans, ozone global warming but the relentless drive on the part of multinational corporations and international banks to take over governance of the world for their own benefit has to stop before itââ¬â¢s too late. Mr. Hellyer details the history of Canadian globalization and sees that foreign companies are increasingly more powerful within Canada. He specifically points to Nafta as a treaty that ââ¬Å"granted US and Mexican investors greater rights in Canada than Canadian citizens enjoy. Hellyer sees this as very problematic, and his title gives out his position on the matter. Even if he does think that it is ââ¬Å"killing Canada,â⬠Hellyer does not write off globalization entirely. In fact, he sees many positive things can come out of international cooperation. For example, he sees a need for countries to cooperate in order to restore the environment to its former glory. But Hellyer sees international corporations as more of a threat. He certainly fears the environmental effects of globalization, but he also seems to see that corporations might be the most appropriate way to repair the environment. Stephen Azzi sees similar problems, noting that the two major problems with globalization for Canada are an increased reliance on foreign economies and a greater dependence on the US. Azzi states that early attempts to broaden global trade ended up strengthening American commerical interests but not other nations. It is seen as a problem by many Canadians, and many ââ¬Å"viewed multilateral trade agreements as a way of offsetting the influence of the US. â⬠This problem is hard to ignore. Three quarters of all Canadian exports go to the United States (CIA Factbook). The resistance to globalization became most vocal in the 1960s and 70s. Nationalist movements in Canada saw globalization as a threat to national identity. There were protests by Canadians who were afraid that globalization might erase their local cultures and destroy the environment. The government took some actions to promote Canadian identity. One was the Canadian government establishing ââ¬Å"content quotas for radio and televisionâ⬠and benefits for Canadian publications (Azzi). This was to promote Canadian media instead of being overwhelmed by American and British television, film, and publications. But this had little overall effect. Even when Prime Minister Pierre Trudeau tried to promote the Foreign Investment Review Agency in 1974 and the ââ¬Å"Third Optionâ⬠program to reduce economic and social dependence on the United States, there was little change. Canada stayed watching American programs and buying American products. More recently, Canadians have been involved in widespread opposition to globalization. At the 1999 World Trade Organization Summit in Seattle, many Canadians were involved in the protests. These protests turned violent, but led to international recognition that globalization had opponents even in a globalized country like Canada. At the 2001 Summit of the Americas in Quebec City there were similar protests. Canadian protesters felt that the country was falling into the hands of international corporations, particularly American ones. Instead of promoting regional cultures, these protesters felt that there was a ââ¬Å"global monoculture . . . increasingly destroying local traditionsâ⬠(Hellyer). That is the main threat to Canadian locals. Globalization in the past century has led to the increased exposure of Canada to the world. This has sometimes brought globalization into the news as a cause of social problems, especially immigration. Chain migration takes place in Canada, bringing large numbers of foreign migrants into the country. Although migrants can make a positive contribution to Canadaââ¬â¢s economy, they can, on the other hand, work against the Canadian society by increasing the social tension between Canadian locals and foreigner migrants. For example, in the city of Richmond in the Vancouver metropolitan area, there are large numbers of Asian migrants and social tension between groups. Migrants also complete with Canadians for the same jobs. But population movement is made even more intense by improved transportation. It is significantly easier in recent years for families to relocate and for goods to be shipped from various countries around the world. The major effect of this increased interconnectedness is that populations have become highly mobile. People are not constrained to remain in a single place for their entire life but rather are now able to move about, often following multinational corporations for whom they work.
Friday, September 13, 2019
Oil and Gas Paper Essay Example | Topics and Well Written Essays - 2000 words
Oil and Gas Paper - Essay Example This mode has both advantages and disadvantages, so apt clauses have to be incorporated into the agreement, to avoid any risks. After that, Atlantic Oil has to adopt feasible and effective funding options, and also have to carry out their operations without any negative impact on the environment. Production Sharing Agreements (PSA) ââ¬â Advantages, disadvantages and Clauses A change to the dominant form of contract has occurred in the oil industry, with the previously followed concession agreement giving way to the production sharing agreement.2 Production sharing agreements (PSA) are a type of contract which is signed between the government, in this case Polenskyaââ¬â¢s government, and the oil exploration company or Atlantic Oil, regarding the extraction process and the how the extracted oil and its profits can be shared. That is, as oil and gas deposits are usually owned by the country concerned, it is common for the country to enter into a production sharing agreement with an oil company, so the specific company can do the financial investment for the extraction process, extract the oil or gas, sell it and through it recover their initial investment, and then share the production as well as the profits with the government.3 With this agreement divided into two stages, recovery period and sharing period, the produced oil is also categorized into two categories, Cost Oil and Profit Oil. The Cost oil includes the produced oil or gas, which will be sold by the company themselves to recover their investments, while with the profit oil only the government and the contractor will share the profits.4 This PSA has both advantages and at the same time inherent disadvantages. Advantages One of the main advantages that will be garnered by Atlantic oil if they enter into a production agreement with Polenskya is the high degree of fiscal stability. That is, the tax structure which is in action during the signing of the PSA, as well as the certain tax concessions gi ven to the Atlantic Oil by the government will be ââ¬Ëfuture proofââ¬â¢. Thus, any overall tax changes brought on by the government in future will have no impact on the terms of the PSA, and thereby will not negatively impact the finances of Atlantic Oil. Although, certain corporate taxes are exempt from this cover, the bottom line is PSA guarantees Atlantic Oil sizable financial stability, whatever be the changes in the external environment. ââ¬Å"The attraction of the production sharing system is that it provides the investor with a relatively stable regime in a complex and rapidly changing legal and political environment.â⬠5 The other advantage of PSA is, it will be politically and socially more acceptable to Polenskya and in turn to Atlantic Oil as well. In countries like Polenskya, where there will be skepticism and also resistance to foreign companies, due to the mindset among the people that foreign companies will exploit the resources for their own benefits, with out giving anything back to the local population.6 However, with PSA making the government the ââ¬Ëco-ownerââ¬â¢ of the operations, it will assure the people maximally and they will welcome and support Atlantic Oil completely without any apprehension of economic exploitation. Disadvantages At the same time, there are some disadvantages of this type of contract and the key one among them is the possibility of project or extraction
Thursday, September 12, 2019
Business strategy Essay Example | Topics and Well Written Essays - 2500 words
Business strategy - Essay Example This can be attributed to its marketing strategies which are mainly aimed at satisfaction of consumers. In the global business culture and environment, there exists a very wide range of competition. Competition mainly involves between organisations with related activities and producing related commodities. According to Grant (2005) another form of competition is the fight to gain financial superiority. In the matter of financial superiority and growth, all forms of organisations are ranked under the same scale. Under this evaluation, organisations and companies seek to gain a competitive advantage. Gaining competitive advantage in the global market is not an easy task. To gain competitive advantage globally requires an impression and satisfaction of the global consumer needs and wants (Porter, 2004). Over the years, the battle of competitive advantage has seen great improvements of produced goods. Additionally, innovation levels have also increased significantly. However, as much the re is a rise in the number of companies in the global market, there are companies which have established their brand in the market. Humans find it difficult replace their current commodity preferences if they are satisfied. This gives an advantage to companies which have stayed in the market for a long time. ... Additionally, strategic decisions also play a vital role in gaining the competitive advantage. The strategic decision making is aimed at putting the organisation in a long term competitive decision making. This involves a consideration of the all factors affecting the operations and activities of the organisation (Porter, 2004). According to Lynch (2009), factors should include both environmental factors: both internal and external factors. Internal factors comprise of adoption of new technology, human resource development and the advancement of the improvement of managerial activities. External factors comprise political, legal, technological and sociological factors. A consideration of all environmental factors is the best strategy in gaining a competitive advantage in the market. Most important of all is the evaluation of the companyââ¬â¢s target market preferences. Preferences may include the change in taste, price, accessibility and technological preferences. With the consume rs being satisfied, the organisation may then focus on how to keep them satisfied (Grant, 2005). Taking Honda into perspective, it has covered its consumerââ¬â¢s needs and requirements. Honda Motor Company has established itself as one of the most successful business empires in the world. It is also an exhibit of a successful business competitive strategy. In an argument presented by Honda the Power of Dreams (2010), Honda has presented researchers and students with the best research tool. Many researchers and business students use Honda as they research option due to its development and success. The growth of the Honda Motor Company is attributed to the companyââ¬â¢s urge to fulfil and satisfy the motor market wants and preferences.
Wednesday, September 11, 2019
Comparing and Contrasting Pieces of Art Essay Example | Topics and Well Written Essays - 1000 words
Comparing and Contrasting Pieces of Art - Essay Example The paper "Comparing and Contrasting Pieces of Art" will compare artworks and explores different forms of art. Pablo Picassoââ¬â¢s Les Demoiselles dââ¬â¢Avignon (figs. 15) is a piece in continuation element of the art. Sayre presents the innovative steps of the artist through evaluation of multiple factors of the art, comprising different of Picassoââ¬â¢s initial sketches (figs 13 and 14) for the completed painting. The two paintings focus on the feminine themes with forms of traditions alongside how those in authority exploited them. The paintings clearly show these effects where there faces show sadness and sorrow from the experiences they have gone through. Their physical bodies although not well proportional to real human body, it indicate how they have suffered. The paintings are symbolic to women oppressions. However, on the other hand, figure 14, its color is somewhat clear showing that the paintings represent different periods and environments. The first case, women are oppressed directly but in the other case, there is indirect mishandling of women. The images are nonetheless confusing on what is present in the environment since the paintings have a blurred background. The nakedness of women in the painting shows that the most form of abuse is sexual abuse and mistreatment by the male counterparts. On the other hand, it may also show some of their promiscuous state in the society. Their dignity is longer an issue as long as they get or their sexual needs are satisfied. The earthworks equivalence and fixation.... Their dignity is longer an issue as long as they get or their sexual needs are satisfied. Sculptures The earthworks equivalence and fixation such as the Christo and Jean-Claudeââ¬â¢s Gates and Smithsonââ¬â¢s Spiral Jetty (fig. 395 and 396) are usually two huge temporal environmental sculptures created outdoors, which utilizes rocks, natural items, and earth, alongside manufactured objects. Comparing these two works, we can see that the Gates have some sharp colors (yellow) curtaining the several gates drawn on a linearly view. The author curved the gates and placed them equidistant to each other and in a straight line. On the other hand, the spiral Jetty is curved on the ground showing that it cannot be moved. How the sculptures were created, is pure artwork as they indicate some balance within the space given. In the two art works, there is some form of balance, implying that the author is well conversant with basic requirements, which enabled him produced such an exception al works. The colors are also almost the same, implying than they were written within the same time. Usually, colors indicate time, for instance, green show rainy season in most cases, but the ones on this sculptures are pale purple with background trees showing some evidence of drought. However, the first sculpture on gates was curved in snow-invested areas, while the spiral Jetty sculpture is in an open field. The two indicate some traditional practices, where for the first case, it may be a place of initiation where people were required to go through the gates while for the second case, it can be a path where people followed before eventually converging to take an oath (Sayre, 2010). Architecture There are a number of different
Tuesday, September 10, 2019
A Treatise on Economics Term Paper Example | Topics and Well Written Essays - 2000 words
A Treatise on Economics - Term Paper Example While not perfect, a market-based ecomony operates on familiar rules because those rules mimic the choices people are likely to make. In Wheelanââ¬â¢s words, ââ¬Å"a market economy is to economics what democracy is to government: a decent, if flawed, choice among many bad alternativesâ⬠(21). Do market incentives always lead us in the right direction? Market incentives are subject to interpretation and application by individuals, groups, and other entities. Incentives exist to encourage desired behavior, and can be successful to the extent that incented people embrace the incentives. Wheelen asserts that ââ¬Å"when we are paid on commission, we work harder; if the price of gasoline goes up, we drive lessâ⬠(26). Peopleââ¬â¢s responses to incentives allow the market to adjust. If an economy is not reliant on the market, government does not reward good or poor work practices and behaviors; the result is often inefficiency, poor quality, and high cost (27). Alternative ly, incentives can present problems. One of these is the ââ¬Å"principal-agent problemâ⬠that presents itself when a business, the principal, hires an employee, the agent, who may be incented not to act in the best interest of the company (31). In these cases, the agent may see personal gain as a greater incentive than the incentives provided by the company and steal or take advantage of the work situation in other ways. The success of incentives in a market-based economy is subject to the decisions of the people who respond to them. Incentives may not always lead us in the right direction. Can government help to guide our incentives? Government can help guide our incentives, but too much of this guidance could spell disaster. Wheelan states that ââ¬Å"the communist governments of the twentieth century controlled their economies by controlling their citizenââ¬â¢s livesâ⬠and ââ¬Å"often wrecked both in the processâ⬠(21). Other ways the government could guide in centives include taxes and regulations. Incentives tied to taxation add complexity to ââ¬Å"public policyâ⬠in an effort to transfer wealth to the poor (38). Businesses and individuals respond by ââ¬Å"avoiding or reducing the activity that is taxedâ⬠(38). The result is often that the economy does not realize the anticipated boost to the expected extent, if at all. Regulations, on the other hand, may be unavoidable. Wheelan suggests that ââ¬Å"good government makes a market economy possibleâ⬠(51). One role the government plays is to ââ¬Å"define and protect property rightsâ⬠so that individuals and businesses can develop and produce unique products without fear of those products being stolen or misused (52-4). The government can also support business and individuals by ââ¬Å"providing uniform rules and regulations, such as contract law; by rooting out fraud; by circulating a sound currencyâ⬠(54-5). While government involvement in economics may not be popular, if present at an acceptable level, the government can provide a framework in which a market economy can thrive. In Wheelanââ¬â¢s words, ââ¬Å"government is like a surgeonââ¬â¢s scalpel: It is an intrusive tool that can be used for good or for illâ⬠(80). What is ââ¬Å"human capitalâ⬠and how does it relate to a countryââ¬â¢s economic well-being? Wheelan defines ââ¬Å"human capitalâ⬠as ââ¬Å"the sum total of skills embodied within an individual: education, intelligence,
Organizational culture is fundamentally about symbolic meaning and as Essay - 2
Organizational culture is fundamentally about symbolic meaning and as such cannot be managed. Discuss - Essay Example 92). Although it is an important concept, yet organizational culture is too subjective to be defined concretely. In spite of that, an integrated, explicit, consisted, and accepted organizational culture is deemed important to achieve success in the organizational performance. Keeping this into consideration, it is quite likely that the dynamism and richness of the organizational processes may be seen, shaped, and improved with the help of the cultural lens. An organizationââ¬â¢s culture has an eminent influence on the actions and decisions taken within the organization. The ideas, attitudes, beliefs, and values that prevail in an organization often unconsciously serve as a guide for the thinking, actions, and feelings of the employees. Developing the understanding of culture is important to describe and analyze the organizational phenomena. Culture for some is a glue that compiles and bonds all aspects and units of an organization together whereas for others, culture serves as a c ompass that provides the organizational personnel with the direction (Tharp, n.d., p. 2). ... The ââ¬Å"culture hasâ⬠view holds that corporate leaders can create and modify the culture. There are three fundamental debates; one is about concerning the way managers can make the weak culture of their company strong, the role culture plays in the innovation of a company and its rapid adjustment to the environmental changes, and the role of leadersââ¬â¢ management styles and vision in the management of their cultures. The ââ¬Å"culture hasâ⬠view suggests that the senior company executives should execute cultural leadership that has both an innovation and a maintenance dimension. Symbolic leadership is essentially a way by which leaders can make the employees feel that their efforts are directed at achieving something that is worthwhile. This inculcates the motivation in them to be more productive and work harder. Leaders can influence the culture this way rather than the managers. Managers serve as heroes who serve as role models for the employees of the organizat ion internally, and internally for the outside stakeholders including the customers, government, and the public at large. The managerialist view suggests that it is possible to help the employees to internalize the values of the organization. On the other hand, the ââ¬Å"culture isâ⬠view suggests that the organizational culture is composed of a subjective reality of meanings, rites, and rituals. This is essentially a shared cognitions, social constructionist, or symbolic perspective that refutes the notion that culture constitutes any independent and objective existence that is given to the employees. The ââ¬Å"culture isâ⬠view holds that the culture of an organization cannot be measured or quantified easily. It
Monday, September 9, 2019
Organization and Management Theory Essay Example | Topics and Well Written Essays - 2000 words
Organization and Management Theory - Essay Example The theory puts more emphasis on the psychosocial well being of employees and how factors such as motivation can effectively shape an organization. However, the two theories relied on a rigid and inflexible framework and to help address the issue, the Contingency theory came into being. The Contingency theory gives the leadership flexibility of acting in the most appropriate manner in a given situation. Finally the modern system theory was formulated to encompass all other theories and put them into practice. In this paper, the four theories of organization management are reviewed and analyzed in a systematic way to allow the reader familiarize and appreciate the advantages each has to offer, its suitability and shortcomings. Organization management theory refers to the study of organizations, businesses and bureaucracies and how they are influenced and related with their environment. Such organizationsââ¬â¢ operations are influenced by their leadership, environment, culture and many such aspects. Therefore, the organization management theory involved the studies conducted on the management, leadership, employees, organization culture and behavior, human resource studies and other related studies (Ajzen, 1991). To effectively understand organizations and the necessary steps and actions of core importance to their survival, it is important that studies and research be done independently on the various specific aspects that play a vital role on the existence of organizations and how that effectively affects its management (Ajzen, 1991). For these reasons, the organization management theory is further subdivided into more specific areas for better understanding. The aim of this paper is to analyze organi zation management theories proposed by researchers in areas that directly influence or determine the way in which organizations are run and the consequent results. It is important that one understands the meaning of an organization theory to properly
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