...IT/205 | How information is used and how it flows in an organization | Mat Waer | How information is used and how it flows in an organization Before we can understand how information flows through a functioning business we need to understand the meaning of information. Information is defined on google as facts provided or learned about something or someone (Define Information). So, if we plug that definition into the original question Ask.com defines it as “Information is constantly flowing through organizations and acts as the blood of the company. When information is no longer allowed to flow through an organization, the organization will eventually begin to collapse.”("What Is Information Flow In An Organization?", 2015) Now, for the information to function correctly there needs to be a hierarchy from where the information comes from. I currently am an Executive Chef for a restaurant group here in Portland, Oregon. There are currently 15 restaurants, 3 bakeries and 1 fine dining restaurant with in the company. In order to be successful we need to have very defined path that information that flows with in our organization. First we have the Owner (Tracy) she oversees the entire flow of the business. Not so much the day to day but where the business flow thru the market, and the overall vision of the business. Then we have the CEO (Felix) he is the decision maker and leader of the company. Whenever control/systems change or need moved around he is the one...
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...How Information Is Used and How It Flows In an Organization Student’s Name Class Title Due Date Instructor’s Name How Information Is Used and How It Flows In an Organization Information flows in different directions and different means: formally and informally, downward, upward and even horizontally through various levels. According to Opara, “information is the life blood of modern organizations” (Opara, 2003). Without “information”, organizations would most likely collapse as information is required to run the day-to-day doings of a business. Olowu states that “information entails data, facts, imaginations, ideas, opinions and cultural values in a variety of media which includes print, audio-visual materials and electronic processes” (Olowu, 2004). This shows how information flows within and between cultural groups. This represents an important part of “alternative conceptualization” (Nissen, 2002), which focuses on transaction (e.g. data to information, information to knowledge). This means data is necessary to produce information which, in turn, is necessary for creating knowledge that is conveyed (e.g. via paper, network, speech and observable action). And C.C. Aguolu feels that information is “the message of human experience” (Aguolu, 2002); rather, what is basically a stimulus assumes a response in the receiver, and possesses a response itself. This message can be made in any medium, in any language or in any subject. Some psychologists have even described...
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...A Review of How to Prevent Organizational Dry Rot A Review of How to Prevent Organizational Dry Rot Change has come a way life for most large organizations. As John Gardner described it, “Like people and plants, organizations have a life cycle. They have a green and supple youth, a time of flourishing strength, and a gnarled old age . . . An organization can go from you to old age in two or three decades, or it it may last centuries (Garnder, 1965).” Nevertheless, organizations differ from people and plants because their cycle can never be predicted and they can renew themselves continuously. In this article, Mr. Gardner went on to explain the rules for organizational renewal: 1. The organization must have an effective program for the recruitment and development of talent. People are the ultimate source of renewal. 2. The organization must be a hospitable environment for the individual. Indivduals who feel like cogs in a machine will not produce ideas for change and will resist the ideas produced by others. 3. The organization must have a built-in provisions for self-criticism. It must have an atmosphere in which ALL questions can be asked. “For those in power, the danger of self-deception is very great, the danger of failing to see the problems or refusing to see them is ever present (Garnder, 1965).” 4. The organization must have fluidity of internal structure. Organizations cannot exist without structure arrangements of divisions, branches...
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...How Financial Assessments Help Organizations Managerial Analysis Abstract Financial assessment provides management with the ability to make critical business decisions for their organization; this involves examining existing data to gain insight on the current and future condition of their organization through the balance sheet, income statement. In the book, What Every Manager Should Know about Financial Analysis, Alan Donahue states “The inability to understand and deal with financial data is a severe handicap in the corporate world”, which seems fitting to mention as I discuss in this paper the significance in doing a financial assessment and some of the necessary tools that are needed in order to do a financial assessment. Basic Concept of Financial Analysis for Organizations and its Importance Financial analysis is an assessment of an organization that will determine the organization’s risk and profitability through reported financial information; the two main sources for retrieving such information are the balance sheet and income statement. The balance sheet also provides a wealth of information that enables the organization to determine its stability, vitality, and profitability through utilizing ratios. Ratios can determine the overall performance of the company through such things called liquidity, leverage and profitability. Balance Sheet The balance sheet outlines the the financial and physical resources that a company has avaliable...
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...employees and managers. To reap the benefits of workplace diversity, employees and managers must understand the challenges and know how to effectively deal with them. Diversity is commonly interpreted in relation to ethnicity, gender and culture. Diversity also captures the differences and similarities between individuals and group, encompassing race, ethnicity, gender, culture, age, sexual orientation, religion, language, education, family status, physical and mental ability. These demographic variables are related to other important diversity characteristics such as values, attitudes, interaction styles, physical and cognitive abilities and non-work commitments. The impact of diversity is both positive and negative. The research questions was: How can diverse workforce affect the organization? Table of Contents Chapter 1. Introduction 4 Background of the Study 4 Statement of the Problem 4 Purpose of the Study 5 Research Questions 6 Chapter 2. Literature Review 6 Chapter 3. Methodology 12 Data Analysis 12 Final Results 14 References 15 CHAPTER 1. BACKGROUND Today, globalization has become increasingly important and common for many organizations as globalization is a way to expand an organization and targeting a more open market. Many organizations have successfully crossed the bridge of globalization and became popular brand, such as McDonald’s, Nike and Toyota just to name...
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...limitless challenges facing most organizations, companies are being forced to hone in on things that are paramount, foundational and fundamental to them. Both internal and external customers are no longer content with mediocrity. They are no longer appeased with organizations that lack the ability and understanding to implement change. Companies must now create environments that are suitable for the future and adaptable to humans. We are now in a world where large corporations are among the least trusted and shareholders are more concerned with value than ever before. The ideological aspects of businesses that foster control are the cause of organizations being less innovative, and less adaptive. Organizations are eliminating the gap between reality and what is considered rhetoric. Innovation is one of the only ways to achieve longevity and long-term value. In attempt to overcome these obstacles, organizations will have to completely reengineer their business process. The systems of management in today’s business focuses on measurable goals, results, capital gains and order. (Rud, 2011). Humans on the other hand are born curious to learn and naturally motivated with the expectation of change. The recalibration of priorities has become a perquisite for most organizations to remain successful. There is a high demand of diversification for products coupled with the increase number of turnover rates for employees (Agostinho, 2012). Organizations need to focus on the now and let go...
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...for organizational success. This essay will explain on the importance of managerial accounting process in organization to successfully carrying out the day to day as well as long term activities and goals. First, it describes how the evolution and change in managerial accounting. Second, the essay looks at the role of managerial accountants. Third, it explains several function of managerial accounting that tend to contribute the adds value to organization. 2.0 INTRODUCTION According to the Chartered Institute of Management Accountants ( CIMA ), Management Accounting is defined as the process of identification, measurement, accumulation, analysis, preparation, interpretation and communication of information for both financial and operating used by management to plan, evaluate and control within an organization and to assure use of and accountability for its resources. The Institute of Management Accountants ( IMA ) defined Management Accounting is a profession that involves partnering in management decision making, devising planning and performance management system and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization’s strategy. Managerial accounting applies to all types of business such as service, merchandise and manufacturing. It also applies to all forms of business organizations such as proprietorship, partnerships and corporations. Not for profit as well as profit oriented enterprise...
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...Shawn J. Burtner SW-SO-214 September 25, 2012 Chapter 4 Pg. 165-175 Social Dimension Socialization It is almost impossible to count how many times we hear a child scream or cry when left with a care giver, at school, or even when a stranger looks at them in the supermarket. And although we notice these things, we don't usually connect them with being unnatural or unnecessary. But in fact, we should. There is hardly a need to experience such things, and that goes for the child as well as the parent. It is a given that a child will cry, it is also given that the child will be reluctant to leave the parent. However, this anxiety can be eased by applying a principle that is very simple. Socialization, it's a concept that many people aren't consciously aware of, yet it is experienced every day in many different aspects of life. Ones manners, people skills, and the like are all a result of one’s socialization. Even pets are now socialized in order to better prepare them to interact with other animals when walking in the city or the park. So why then is socialization such a strange and foreign concept to parents? To put it simply, children should being socialization at a young age to prepare them to interact with other children and adults as they grow. Socialization alone can move a child from having a dramatic experience when being left with a care giver to a more pleasant one. Not only does the child benefit from this, but the parents do as well. Often parents feel that...
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...How does my organization resemble a "political system" as outlined by Morgan? In my last organization I can truly say that it was a political system, everything had to be done the way a single person wanted it and it would change day by day. It was almost like you were imprisoned when you arrived to work because it was all about what the supervisor wanted you to do, and not what you thought should have been done. I never understood the dynamic until I attended this class and read more into Morgan’s metaphors. In a government agency, conflict and power is very evident. When individuals are trying to climb the ladder to promotion some become blindsided by the will to get what they want however they can. A lot of personnel had a lot of different opinions, but in order for those opinions to be heard by higher management, you first had to get approval from your immediate supervisor before you could voice it. We all had different interests which made the conflict a little harder to deal with from time to time, and it became quite clear when the power plays started because people would use their title to get what they wanted completed. My past organization was most definitely a “political system”, I really didn’t understand it when I experienced, it I just chalked it up as people being mean and abusing their power. Now I see that this probably happens in all types of business not just...
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...Theories or Principles And How They Apply To My Organization Module Six Assignment Final Paper By William D. Inman Student ID# 1020398 Professor: Dr. Joe Flowers Executive Management MBA5000 September 05, 2015 Table of Contents Introduction………………………………………………………………………………………….…………………….………………………………………….3 Value and Vision…………………………………………………………………………………………………………………………..……………..4 Moral Intelligence: Enhancing Business Performance and Leadership Success The Ethics Recession: Reflections on the Moral Underpinnings of the Current Economic Crisis Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value Direction and Alignment…………………………………………………………………………………………………………………………5 Gut Feelings: The Intelligence of the Unconscious Psychological Capital: Developing the Human Competitiveness Edge Fish!: A Remarkable Way to Boost Morale and Improve Results Motivate and Empower………………………………………………………………………………………………………….………….…..7 The One Minute Manager Why Pride Matters More Than Money: The Power of the World's Greatest Motivational Force The Enthusiastic Employee: How Companies Profit by Giving Workers What They Want Learning and Change………………………………………………………………………………………………………………………………..11 Who Moved My Cheese?: An Amazing Way to deal with Change in Your Work and in Your Life Followership: How Followers Are Creating Change and Changing Building the Bridge as You Walk on It: A Guide for Leading Change Built to Change: How to Achieve Sustained Organizational...
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...TASK: TERM PAPER. COURSE: BUS: 1010: INTORDUCTION OF BUSINESS ORGANIZATIONS. SEMESTER: SPRING 2015 INSTRUCTOR: NAMADA JULIANA ADM NO: 644067 NAME: BRIAN KIPRUTO CHELIMO Table of Contents Abstract 3 2.0 Forms of Entrepreneurship 4 1.0 Introduction 4 1CREATION OF EMPLOYMENT 4 2Poverty reduction 5 3Socio-economic and political solutions 6 4Economic growth and Development 7 2.1 Entrepreneurial Effects in the Growth of Economy 8 Conclusion 9 REFERENCES 10 Abstract According to Chell & Ozkan, (2010), an entrepreneur is someone who is willing to bear the riskofa businessventure where there is a significant chance for making profit. Entrepreneurship is basically the practice of starting a business in order to earn profit on new found opportunities. Entrepreneurship is a challenging task as many businesses which start fail to take off. Entrepreneurship has many uncertainties especially when new products are created for which there is no existing market.Entrepreneurship affects economic growth in various ways. It is through entrepreneurship thatimportant innovations enter the market leading to new products or production process whicheventually increases efficiency through bringing competition in the market. This paper discourses the impact of entrepreneurship on economies. Ideas and concepts that...
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...How might TQM and ISO be used to improve an organization? Proper implementation of Total Quality Management (TQM) can provide an organization with the ability to improve its effectiveness, competitiveness, efficiency, and flexibility in order to best suit the needs of its customers. TQM is considered one of the lean manufacturing methods. The organization can use less man power to make a product, less cost and less waste. Employee involvement figures heavily in the success of TQM. If you have employees that want increased responsibility within the company, TQM provides employees with the opportunity to get involved, because they are each responsible for a key component of the overall process. It is also a great way to boost employee morale because they each feel a sense of pride in their role. ISO can improve an organization’s quality management. ISO 9001-2008 has eight sections that auditors use to assess an organization's quality management system. Sections 4 through 8 compose the "Requirements" portion of the standard. 1. Introduction 2. Scope 3. Terms and definitions 4. Quality management system 5. Management responsibility 6. Resource management 7. Product realization 8. Measurement, analysis and improvement The strategic tools and guidelines implemented through International Organization for Standardization (ISO) can improve an organization by tackling some of the most demanding challenges of modern business. The use of ISO...
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...Journal of Organizational Behavior J. Organiz. Behav. 30, 525–542 (2009) Published online 5 October 2008 in Wiley InterScience (www.interscience.wiley.com) DOI: 10.1002/job.563 Getting even with one’s supervisor and one’s organization: relationships among types of injustice, desires for revenge, and counterproductive work behaviors DAVID A. JONES* University of Vermont, Burlington, Vermont, U.S.A. Summary I tested hypotheses derived from the agent–system model of justice specifying that, among the different types of justice, interpersonal and informational justice explain the most unique variance in counterproductive work behavior (CWB) directed toward one’s supervisor, and procedural justice explains the most unique variance in CWB directed toward one’s organization. I also tested whether individuals’ desires for revenge against one’s supervisor and one’s organization mediate certain justice–CWB relationships. Results (N ¼ 424) provided considerable support for the study hypotheses, showing that employees tend to direct their CWB toward the source of perceived mistreatment, and that desires for revenge explain part, but not all, of the relationships between some types of injustice and CWB. Implications for theory, research, and practice are discussed. Copyright # 2008 John Wiley & Sons, Ltd. Introduction It has been estimated that up to 75 per cent of employees engage in behaviors such as theft, sabotage, unexcused absenteeism, and vandalism (Harper, 1990; McGurn...
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...1 A: A share Ａ股；甲类股份 abatement of tax 减税；减扣免税额 ABN AMRO Bank N.V. 荷兰银行 above-the-line expenditure 线上项目支出；经常预算 支出 above-the-line receipt 线上项目收入；经常预算收入 ABSA Asia Limited 南非联合亚洲有限公司 absolute change 绝对数值变更 absolute expenditure 实际开支 absolute guideline figure 绝对准则数字 absolute interest 绝对权益 absolute order of discharge 绝对破产解除令 absolute profit margin 绝对利润幅度 absolute value 实值；绝对值 absolutely vested interest 绝对既得权益 absorbed cost 已吸收成本；已分摊成本 absorption 吸收；分摊；合并 absorption rate 吸收率；摊配率；分摊率 ACB Finance Limited 亚洲商业财务有限公司 acceptable form of reciprocity 合理的互惠条件 acceptable rate 适当利率；适当汇率 acceptance agreement 承兑协议 acceptance for honour 参加承兑 acceptor 承兑人；接受人；受票人 acceptor for honour 参加承兑人 accident insurance 意外保险 Accident Insurance Association of Hong Kong 香港 意外保险公会 accident insurance scheme 意外保险计划 accident year basis 意外年度基准 accommodation 通融；贷款 accommodation bill 通融票据；空头票据 accommodation party 汇票代发人 account balance 帐户余额；帐户结余 account book 帐簿 account collected in advance 预收款项 account current book 往来帐簿 account of after-acquired property 事后取得的财产 报告 account of defaulter 拖欠帐目 account payable 应付帐款 account payee only [A/C payee only] 只可转帐；存入 收款人帐户 account receivable 应收帐款 account receivable report 应收帐款报表 account statement 结单；帐单；会计财务报表 account title 帐户名称；会计科目 accountant's report 会计师报告 Accountant's Report Rules 会计师报告规则 accounting and auditing procedure 会计与审计程序； 会计与核数程序 Accounting Arrangements 《会计安排》 accounting basis 会计基础 accounting by Official Receiver 破产管理署署长呈 ...
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...making. Managerial accounting offers several important tools for measuring the company operational performance. Common types of managerial accounting include job costing, process costing, activity-based costing and also budgeting. 2.0 Benefits of Managerial Accounting Practices Towards Business Organization Create Competitive Advantage Management accounting can help businesses create a competitive advantage. Many business owners focus on creating consumer goods with lowest-priced and highest-quality product in the market. The ability to review financial information through managerial accounting is important in creating a financial competitive advantage. In 2010, Maxis Berhad wins excellence award in management accounting from the national award for management accounting (NAfMA). One of the winning criteria is the company ability to create the financial competitive advantage over the competitor. B) Reduce Operational Expenses Managerial accounting can help companies reduce their operational expenses. Business owners often use managerial accounting information to review the cost of resources and other business operations. This information allows owners to better understand how much money it costs to run the business. Thus,...
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