Answer To: SUPP ASSESSMENT HC1031 Final Assessment T1 2021 Student Number: (enter on the line below) Student...
Swati answered on Jun 16 2021
1. A technology driven organization is company having innovation strategy, business model as well as growth as technology centric. Each and every company uses technology to some extent and this tends to bring value to organization. As organization becomes more and more of technology driven, I think technology will become bigger part in the ways of doing business as it will bring more agility, will enhance ability to more quickly assimilate new technologies and will get competitive edge too but still the human element of organization will remain more relevant. A business may not operate optimally without the right human resources and also an organization needs human capital for operating the technology. Furthermore, the humans are the ones who created design and technology for specific tasks. Thus, in absence of qualified and talented human resources, no technological management or automation will be able to serve the organizational objectives and motives (Alston and Tippett, 2009). And, problems can happen at any point of time for which humans are needed to troubleshoot. In my opinion, the human resources are much required for technological development and overall functioning of the organization. A company may have as much as automation and technological advancement but it will be human who will develop it, will apply critical thinking and will get best out of technological implications for business. Each and every part of business boils down to people so by having better understanding of human resources, business will lead more effectively, will be more beneficial, creates brand loyalty, do better work and close more and more deals. For enjoyment of these benefits, one must build human element into core value of the organization (Suarez-Villa and Manfred, 1995). Hence, human element of organization is and will always be more important than technology element however the fact that they two depend on each other may never be neglected too.
2. Culture is basically the collective mind programming that helps to differentiate the member of one category or group of people from other. Culture tells people about themselves, about the appropriate behaviors and acceptable nature of the society. Culture affects each and everything we see, do, believe and feel. Individualism is the degree to which the focus of society is towards the individual to groups relationships (Krokosz-Krynke, 1998). The societies having high individualism scores values individuals for the achievements and such people are recognized as well as rewarded for their achievements. Contrary to this, low individualism people are seen as part of big group and success of such individuals is gauged by the view and support of others in the group. The effects of most management practices are determined by whether they are done at a group or individual level. For example- low individualism countries does works on hiring and promoting employees in larger group association and rewarding individual team members in such culture may result in tensions resulting in stigmatized. In case of high individualism, employees acts in own interest, commitment to organization is high and the relationship with employer is market based (Srite and Karahanna, 2006). Thus, Individualistic cultures stress the individual needs over group needs, people are more autonomous and independent in this culture. A masculine culture is one stressing varying expectations for women and men. Men are expected to be assertive, focused and competitive in this culture whereas women are expected to be focused on quality of life, people and nurturing. Organizations in high masculinity societies may count in much work oriented employees such as in MNC whereas contrary to this, individuals in feminine societies prefer more leisure and interesting work. Strong motivational policies in these societies emphasize a balance between work and leisure, and multinationals in such societies tend to have stronger policies catering to both genders (Gelade, Dobson, and Auer, 2008).
3. Decision making is the most crucial components of activities of a manager. It plays vital role in planning process and it is process of making choices while doing identification of a decision, gathering information as well as assessing the alternative solutions. There are various approaches for decision making that may offer insight of the decision making process that helps managers to reach at final decision (Yahaya and Abu‐Bakar, 2007). Three...