Significant Issues in an Organization are experienced because of globalization, which has brought many changes in the business world. There are some common issues affecting the modern business ability of maintaining the competitive advantage. Significant Issues in an Organization requires managerial skills that will position the business ahead of the competitors or else the organization will collapse. Business Training in Kenya has more articles.
Some of the Common Significant Issues in an Organization
There are many problems facing businesses mostly if it is a young and small business, but the common Significant Issues in an Organization are; Corporate culture is very crucial in the success of a business. Innovation is not enough to make an organization successful. Otherwise a corporate culture that brings job satisfaction, workers productivity and creativity is crucial in the success of a business. Business Management is responsible for establishing a corporate culture that increases employee productivity. Poor communication between the managers and the employees is another challenge. Some manager’s communication style may not be effective. Poor communication can also exist among the workers, which affects adversely teamwork and social life among the employees. Poor communication is one of the Significant Issues in an Organization because it affects employees’ productivity. The direction or the path that an organization takes when it is growing is very important. Managers are responsible for the organization growth rate and line of development. Managers make decisions on behalf of the company. They are the one who determines what the organization requires in order to succeed. Sometimes it is difficult for managers to make right decision.
Solutions to Significant Issues in an Organization
One of the main solutions to Significant Issues in an Organization is strategic management. Strategic management is common in the modern business. It is defined as the planned decision making process that defines the path that the organization is going to take and put the resources together so that the organization planned policies can be implemented Strategic management involves stating the organization mission and vision which is used to help the organization establish its direction and carry its operations within the planned process so that it can realize its goal. Effective strategic planning helps the organization gain competitive advantage. Besides strategic management, there are other solutions to the Significant Issues in an Organization which includes maintaining an effective communication, employees training, maintaining an effective communication and creation of a good manager to workers communication.
Significant Issues in an Organization: Creating a competitive advantage.
The solution to Significant Issues in an Organization brings competitive advantage to the organization. Competitive advantage is production of high quality products at much reduced cost. Many organizations are not able to produce quality products without incurring high costs. a leading company in competitive advantage is able to realize high profits Competitive advantage is gained through
- Reduced production cost
- Product differentiation
- Good customer relation and satisfaction
- Marketing and price management
Conclusion in Significant Issues in an Organization Significant Issues in an Organization affects many modern businesses and make the businesses hard to grow. Some of the main problems include corporate culture, poor communication and organization direction in development. However, there are some solutions to the issues. Competitive advantage will only be achieved if the managers solve the Significant Issues in an Organization.