Organisation and behaviour Assignment Example | Topics and Well Written Essays - 1000 words

Organisation and behaviour - Assignment Example It further seeks to investigate the approaches of these organizations to their management. Style of Leadership The success of Berkshire and its founder, Warren Buffett starts with leadership. Buffett’s leadership has the capability of adapting to changing world. The success of Buffett’s leadership style is reflected in the performance of his company. The annual report 2010 of Berkshire stated that they tend to let their subsidiary companies operate in their own. They do not monitor or supervise them to any extent. Many managers utilize the liberty in a magnificent manner and preserve an owner-oriented behavior. Warren Buffett’s employs the laissez-faire style of management, which increased the stock of the company by 19.8%. Laissez-faire style of management thrives at Berkshire because every organization has its own culture. Berkshire does not enforce the conventional human resource. If it had done it, then laissez-faire would not have worked at Berkshire. Buffet t believes that enforcing autonomy creates pressure on CEOs. He encourages his leaders by convincing them that they can do more than they believe they can and it will take three people to replace each of them. A contrasting organization to Berkshire is Trump Organization, where the founder Donald Trump runs the organization in an autocratic style. He has centralized all the decision-making power to himself and to a group of few selected people. This type of leadership style limits the inputs of rest of the employees. Trump exhibits an eccentric style of leadership. This is shown in every piece of real estate that he owns. Every building, gold course, or casino has his name on it. Trump is considered as the positive example of autocratic leadership. According to his employees, though he keeps gentleness out of spotlight, but in essence, he is more generous than anyone would believe due to this reputation. It is not about which style is being implemented. It entirely depends on how it is being implemented. If leaders are confident, capable, and motivated, it can work well. Modern Management Theories When it comes to Donald Trump, it is quite evident that Henri Fayol’s 14 principles are applied to greater extent. Trump’s style of management clearly integrates elements mentioned by Henry Fayol. Unity of Command, Centralization, Discipline, Authority of Work, Division of Work, Scalar Chain, and Order are named as few. The common element among all these principles is autocracy and autonomy, which is decently reflected in the workplace and organizational culture of Trump Organization. The span of control and attention is limited to one person only, who has all the decision making power. It is staff’s responsibility to show initiative within the limits of discipline and authority. Uniform goals and similar direction is constructed for all the employees of the entire organization. In contrast to that, the style of Warren Buffet contradicts with con temporary capitalism. Warren Buffet understands the Systems Theory. Buffett is aware of how different systems affect the workers and how the system is affected by workers. A system constitutes of variety of different parts that work together in order to achieve a goal. Systems theory allows leader to evaluate events and patterns in the workplace. Warren buffet is aware of what inputs need to be inserted into the system in order to achie

Create or use an existing company Term Paper Example | Topics and Well Written Essays - 1500 words

Create or use an existing company - Term Paper Example There are some main factors that company has to deal with. As most of the soft-drink and beer bottles are liable for reuse and recycling, company gets some of its raw material from defected and used bottles that are supplied back by the beer companies. However, a number of bottles do not reverse and company has to involve glass as the raw material of new bottles. There had been a stagnant increase in the market since last three years which provides and estimation for supposed upcoming market demands. In light of those factors company has to keep a safe number of bottles that can be supplied urgently when required by buyers. On the other hand, a large number of bottles made in advance can create a burden over company’s investing strength. That would also create a lack of fluency in company’s cycle of work. Thus, company has to involve a concrete Inventory management that keeps the overall demand and supply chain in a safe and trustworthy position to provide continuous pr ofit to Volga Glasses. The supply chain and IT Factors Obviously, the purpose of Volga Glasses’ is to enhance and manage its supply chain to perform with a perfect smoothness that does not shake even in the conditions of an urgent tide in market situations. Company uses elegant IT techniques to manage that smoothness. Chiefly the bills are collected as electronic data providing an exact record of supply over a particular period. While mostly a supply chain is maintained over longer period like a year or six months, Volga Glasses is bound to use three month estimation because of the nature of its assets and frequently wavering requirements. Three years ago company has ordered a software organization to design software for their inventory management. The software had produced good results while it had been quite dependent of human inputs and mandatory analysis by the supervisors of Volga Glasses. This software ‘Smart-Task’ bases its strategy in collecting the suppl y data and comparing the overall cost of raw materials added with the labor and mechanical expenses. Over the time it also manifests the comparative graphs of market tides during various supply chain periods. Company manages to base its strategies in short term chains such as three months as well as yearly managements of supply chains. During last years it had come out that Smart-Task has been accurate and efficient in processing the data to manifest a scenario of the market. However, during the recent immediate ups and downs of market the estimations of Smart-task have failed when external situations like a temporary recession had stricken the market of soft drinks. Therefore an analysis of Company’s requirement and reliability of IT over numerous patterns of system of research is mandatory. Synchronization of IT and HR Out of the data processing methodology of Smart-Task, it has come out that it depends solely on human inputs which provide a base for calculations and estima tions. Company’s HR department is responsible for providing the supposed information for future uplifts and lowering of market because Smart-Task puts the data in various graphs that ease the methods of comparisons provide a manifestation of supply chain. The requirement of advance inventory is calculated on a