MGMGT 4440 Essay Example | Topics and Well Written Essays - 2000 words

MGMGT 4440 - Essay Example To achieve such cultural change, leadership of the organization therefore has to play important role in identifying and exploring the gaps which need to be filled in order to comprehensively revamp the culture of the organization and achieve the desired level of performance. HR is another important organizational arm which can help develop such an environment and achieve the required level of cultural change so that the organizations can become more responsive and conducive for the tapping the untapped potential of the organization. (Daniels and Daniels) This paper will therefore aim to explore and discuss some of the key aspects of performance management including role of culture in achieving high level performance, whether organizations can actually change their culture to achieve such objectives, the role of leader and the HRM function within the organization. Impact of culture on performance Before discussing the impact of culture on performance, it is important to understand the overall concept of performance management and how it fits together with organizational culture. Performance management is often considered as a process of achieving the organizational goals and objectives efficiently and effectively. Performance management therefore not only includes the management of the results but also the behaviors of the employees as behavior can have significant impact on the performance. It is argued that culture can significantly impact the organizational performance however, it is important to explore as to which elements of the culture exactly can influence the performance of the organization. (Lee and Yu). It is further argued that organizational performance is linked with good cultures and good cultures in return are focused on achieving excellence, profitability, strong team orientation as well as honesty and will to succeed. These characteristics form the part of the good culture which invariably fosters creativity and innovation within the employees and the organizations to make them more productive and performance oriented. Since culture of an organization outlines its overall values and belief systems therefore the underlying performance of the firms are also directed at ensuring that such values and belief systems are complied with. Organizations having performance oriented values tend to perform better than the organizations which are not focused on achieving excellence in performance. Further, through careful cultural engineering, organizations can actually achieve the significant improvement in their overall performance because cultural shift provides new means of achieving the required excellence. Can the culture of an organization be changed to increase performance? The process of cultural engineering is considered as one of the methods through which organizations basically attempt to change the culture and redirect it towards the achievement of excellence performance. For example, a shift towards more open culture may allow employees to become more creative and express their opinions more frequently. This openness of the culture therefore can offer a unique and diverse perspective on its core strengths and how a change in the organizational culture can effectively ensure performance. Apple Inc was

Retail world in 2020 Essay Example | Topics and Well Written Essays - 750 words

Retail world in 2020 - Essay Example The classic example of this is Apple Watch that was just recently launched. Apple Watch is not just a regular watch that tells time but could also send and receive calls via iPhone. It also has hundreds of apps (Stein) that could serve as a platform for retail when the technology is harnessed in the future. Thus time will come that wearable devices such as watches will not only tell time, receive and send messages but will also become a store where one can shop from fashionable clothing lines to high end items. In addition to digitizing fashion, the way that fashion will be processed and retailed will also become â€Å"greener†, sustainable and ethical. This means that ecologically damaging manufacturing practices will be shun by the buying public and will prefer the â€Å"greener† business whose practices are ecologically sound. This means that the use of furs and other materials that came from endangered species will be generally frowned upon by the market in the futu re. The traditional brick and mortar retailers in the future will not entirely vanished but will just become more efficient. This means that retailers in the future will have more sales per square meter of the store as â€Å"In-store mapping and smart navigation will become highly accurate . . . by effectively tracking the whereabouts of the shoppers† (Mehta). It will put retailers in a better position to effectively design the layout of their stores that would make the best route for customers to do their shopping.