Concept of values to an individual, Project Management

An organisation's capacity to maintain a sustainable competitive advantage depends largely on its core competencies as well as the ability to refine and enhance them in the context of a changing business environment.Organisation value is determined by a multiplicity of interrelated influences ranging from the characteristics of individuals themselves, the group they work with, the nature and culture of the organisation, their objectives and motivation and the environmental context which they work. Organisations exercise values through the individuals, groups and managers that compose them, a pervasive influence over the patterns of behavior of the human participants.

Finally organisational values will strongly influence the style and nature ofmanagement and in turn employee behaviour not least as organisations haveresponded to complex change and put a premium on flexible change.For exampleculture or the atmosphere or feel of an organisation affects employee behaviourthrough a common frame of reference/unwritten rules that determine the 'way thingsare done round here'. The organization values and management practices found in contemporary organizations are influenced to a considerable extent by the type of business they are engaged in and the environment in which they operate. It may vary from traditional type businesses operating in a stable environment to a highly competitive businesses operating in a dynamic environment. The traditional type businesses operating in relatively stable environments, say for example businesses like trading, construction, and food production do not change fast and their management practices change slowly compared with highly competitive businesses operating in dynamic environments.



Posted Date: 8/9/2012 6:50:29 AM | Location : United States

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