Traditional Versus Online Management
American InterContinental University
Abstract
This paper will address the internet structure of an organization and the traditional structure of an organization. The Appalachian Lending Corporation is a small finance organization that will be used to show the traditional organization. The online retailer used will be eBay. The management and leadership roles and functions will be explained. Two challenges facing both the types of organizations will be described. The similarities of the challenges will be discussed. Suggestions will be given, about how to transition from a brick and mortar organization, to an online organization.
Traditional Versus Online Management
The new age of business is moving towards the internet age of business. The internet is attractive compared to the traditional brick and mortar because of the low startup costs. New companies need less capital for their initial startup and this allows more small businesses to be established. The internet also allows new businesses to reach consumer markets, which could not be reached before, by the brick and mortar businesses. With the change in the type of business comes the change in the leadership styles and management styles needed to run these businesses effectively. This paper will look at both, brick and mortar and internet organizations, and discuss the differences in structure, management obstacles and the solutions to these issues.
Addressing Management and Leaders The titles Management and Leaders are sometimes confused for the same meaning but the titles are quite different. Management is focused on the here and now of the organization (Nahavandi, 2012). They tackle the tasks of addressing how to keep the company moving at the present time (Nahavandi, 2012). Leaders are focused on the future goals of the company and how to keep morale up in