Activity No.

1. What new learning did you realize in this subject organization and
management?

Organization and management can lead to a more productive employees as

it helps to cultivate them. It also binds the employees together and gives them a
sense of loyalty towards the organization. Individuals are made aware of their roles
and responsibilities and know what they are supposed to do in the organization. It
is an efficient handling of the organization as well as its employees.

2. Discuss the importance of planning in organization and management

Planning helps an organization achieve its goals. Initially, the management will
review the current operations of the organization and will identify what needs to be
improved in the succeeding years. Planning involves determining the prospect
achievement as well as the steps that are essential to achieve the goal. Goals must be
aggressive but still realistic and should maintain competitive products for an
organization to keep from losing ground to competitors.
With planning, unnecessary expenditures will be eliminated or at least
minimized by allocating the budget only to those projects with high chances of
success to ensure that nothing will be wasted as all organization, large or small, have
limited resources.

The goal setting process can be a wake-up call for managers that have become
complacent. The other benefit of goal setting comes when forecast results are
compared to actual results. Organizations analyze significant variances from forecast
and take action to remedy situations where revenues were lower than plan or expenses
higher.

Managing risk is essential to an organization’s success. Even the largest

corporations cannot control the economic and competitive environment around them.
Unforeseen events occur that must be dealt with quickly, before negative financial
consequences from these events become severe.

Planning encourages the development of “what-if” scenarios, where managers

attempt to envision possible risk factors and develop contingency plans to deal with
them. The pace of change in business is rapid, and organizations must be able to
rapidly adjust their strategies to these changing conditions.
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 Planning promotes team building and a spirit of cooperation. When the plan is
completed and communicated to members of the organization, everyone knows what
their responsibilities are, and how other areas of the organization need their assistance
and expertise in order to complete assigned tasks. They see how their work contributes
to the success of the organization as a whole and can take pride in their contributions.

Potential conflict can be reduced when top management solicits department or

division managers’ input during the goal setting process. Individuals are less likely to
resent budgetary targets when they had a say in their creation.

Planning helps organizations get a realistic view of their current strengths and
weaknesses relative to major competitors. The management team sees areas where
competitors may be vulnerable and then crafts marketing strategies to take advantage
of these weaknesses. Observing competitors’ actions can also help organizations
identify opportunities they may have overlooked, such as emerging international
markets or opportunities to market products to completely different customer groups.

3. What qualities would you like a leader of your organization to have? Defend
your answer.

I like a leader who leads not boss around. Top management nowadays are more
focused on achieving their goals. Only few of those who will help the team to succeed
and learn at the same time. It starts with daily motivation, relationship building,
showing respect, and co-creating solutions to problems when they arise. When team is
empowered, great work can be obtained. Each member becomes capable of giving their
all because they are empowered and trusted to manifest their full potential. It also results
to a happier and more effective in accomplishing aggressive but realistic.
Another trait of a leader that I like communicates effectively.
Miscommunication usually happen because of how the message is delivered and most
of the time is the reason of failure of not achieving the goal.
Lastly, is a leader who thinks and acts smart. As what they say, ocean isn’t calm
all the time so when a surge happens, a leader must be ready to detour and think which
path is safest to take.

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 Activity No. 2
1. Discuss the strategic management process. How can you innovate it?
Strategic management process is a continuous culture of assessment that a an
organization adopts to surpass the competitors. It is a complex process that also covers
formulating the organization’s overall vision for present and future objectives. The way
different organizations create and realize their management strategies differ. As a result,
there are different models of strategic management process the organization can adopt.
The right model depends on various factors including: The existing culture of the
organization, Market dominance of the organization, Leadership style, The
organization’s experience in creating and implementing SMPs, Industry and
competition.
SMP’s purpose is to help the organization achieve a sustainable strategic
competition in the market. When properly conceived and implemented, it creates value
for the organization by focusing on and assessing opportunities and threats, then
leveraging its pros and cons to help it survive, grow, and as well as expand. Strategic
management process can help a business achieve this by:

1. Acting as the reference for any major decisions of the organization.

2. Guiding the business to chart its future and move in that direction. SMP involves
formulating the organization’s goals, fixing realistic and achievable objectives,
and ensuring that they are all aligned with the company’s vision.
3. Assisting the business to become proactive, not reactive. With the SMP, the
business can analyze the competitor’s actions vis-à-vis market trends and come
up with the steps that must be taken to compete and succeed in the market.
4. Preparing the organization for any potential challenges and explore possible
opportunities that the business must pioneer in. The strategic management
process steps also involve identifying the best ways to overcome the challenges
and exploiting new opportunities.
5. Ensuring that the organization copes with the competition in a dynamic
environment and survives in an uncertain market.
6. Helping in the identification and maximization of the organization’s competitive
advantages and core competencies. These are responsible for the business’
survival and future growth.

There are five steps for Developing Innovation Strategy

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1. Determining objectives and strategic approach to innovation

The first step in the strategy choice cascade is to define your winning
aspiration. In other words, your innovation objectives and the why behind your
innovation strategy.

As any other strategy, the planning process of your innovation strategy

starts with defining your objectives: What do you want to achieve with
innovation?

If we take a step back, think about your long-term business goals and the
things that are most likely to drive your business forward even after some time.
As already mentioned, your innovation strategy should help supporting your
business objectives and vice versa.

2. Knowing the Market: Customers and Competitors

The second step in the strategy choice cascade is defining the right
playing field, as in, the market you’re operating in and the customer segment
you’re offering value for.

To be able to innovate and to respond to your customers’ needs, you

should listen and understand what your customers really want and remove the
rest. To be able to do that, knowing what happens in the market is essential.

However, because competitive needs are individual and often very

specific, a strategy that worked for another player in your field shouldn’t be
copied but learned from. Although defining your playing field is important, your
unique value proposition is what will make or break your innovation strategy.

3. Defining the Value Proposition

Next, and probably the most important step is to define that unique value
proposition. How will you win? What type of innovations allow the company to
capture that value and achieve competitive advantage?

Because the purpose of innovation is to create competitive advantage, you

should focus on creating value that either saves your customers money and time
or makes them willing to pay more for your offering, provides larger societal
benefit, makes your product perform better or more convenient to use, or
becomes more durable and affordable compared to the previous product and the
ones in the market.

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 To be able to create a unique value proposition, the ability to identify and
exploit new uncontested markets is recommended. This can be done through
value innovation.

4. Assessing and Developing Core Capabilities

The first three steps in the strategy choice cascade really come down to
one thing; your fundamental capabilities required for winning.

When assessing your set of capabilities that need to be in place, consider

the following:

• Culture
• R&D
• Behaviors
• Values
• Knowledge
• Skills

For example, if you want to win at delivering breakthrough technology,

you must have internal skills and knowledge to be able to build that. The ability
to connect and develop these capabilities is key to innovation.

5. Establishing Innovation Techniques and Systems

Last but not least, to be able to execute your innovation strategy in a

scalable and integrated manner, you should find out what systems need to be in
place.

Define which innovation techniques and systems do we need in to be able to link

our innovation infrastructure elements together? What are the most important
systems that support and help measuring the results of our innovation strategy?

This includes the following elements:

• The role of company R&D, especially in relation to technology

• The role of education and training related to innovations
• The conglomerate structure of industry
• The production, marketing and finance systems

2. Discuss briefly the current leadership styles – Visionary, Coaching, Affiliative,

Democratic, Pace-setting, and Commanding.

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 Visionary Leadership rules with vision, sharing it with the organization and spur
the organization to push it forward in an inspirational rather than authoritarian style.
Visionary leaders empower employees with the freedom to decide with the best way
for bringing their organization’s vision to life.

In Coaching Leadership, employees are aid with help to build on their strength as
well as their personal and professional growth. Coaching leaders are effective
communicators who provide feedback to management and individual within the
organization and will help you visualize the plan that you need to come up to achieve
the defined goals.

Affiliative Leadership is focused on a few key characteristics. These leaders are

honest to a fault. They see themselves as a model with moral guidance that everyone
can follow. They clearly describe what needs to be done and then succinctly
summarize the steps required to achieve success.

Democratic Leadership is the distribution of power and authority between

employees and managers to provide employee involvement in decision making. In
this leadership, members are encouraged to share their ideas, makes them engaged,
build up confidence and are rewarded.

Pace-setting Leadership sets high standards both for the leader itself and their
subordinates. They lead by their example and do not ask their employees to do
things that they are not as well willing to do. In this leadership, individuals who
can’t keep pace are quickly identified and replaced if they don’t improve.

In Commanding Leadership, there is a demand of immediate compliance with

orders, but may not always explain the reason behind them. Performance feedback
is more focused on what isn’t good than what went well.

3. Communication is the essence of Leadership. Agree or Disagree? Explain your

answer.

I agree. Good communication is a core leader’s function is a a good characteristic

of a leader. Effective communication boosts connection of a leader towards his
subordinates. If there a message is relayed correctly, there is a lesser chance of not
achieving the goal. Ineffective way of relaying information most of the time is the
reason of conflicts within the organization.
4. How important is an informal organization?

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 Informal Organization have no fixed rules and hierarchies defined between
people. In an informal organization, information as well as feedback is quickly
exchanged between one person to another as there is no line of communication
defined. Individuals are free to collaborate across teams, foster innovation and
enable teams to solve problems outside of traditional structures and processes of
more formal organization.

5. Discuss the relationship between corporate culture and corporate governance.

A company’s culture helps to define who that company is. The culture within a
company is influenced by the values, morals, and behavior set by management and the
board of directors. A company’s culture helps to define a company’s corporate
governance. The culture lays out the corporate governance of an organization, it sets the
tone for the business.
Corporate culture and corporate governance are essential for companies to help
prevent fraud from taking place. Essential part of everyday business, meaning that every
company or business organization should establish a governing body that guarantees
daily business operations are running appropriately. Corporate governance is established
around the achievement of the goals of the company.
A company must have strong internal controls to prevent misstatements from
occurring, and in order for those internal controls to be put into place is for a company to
have a strong cultural base and a strong corporate governance. Companies who have a
strong culture and corporate governance can pass along their values and beliefs to their
employees and their employees are more likely to be happy and comfortable with their
job and less tempted to commit fraud
Corporate governance requires the participation from the board of directors,
management, and even shareholders. They are responsible for defining the rules and
regulations for decision-making and enforcing those rules. Corporate governance is the
combination of control functions that work unified in order to control the relations among
all of those invested in the company; shareholders, management, and employees.
Additionally, corporate governance is not just about management and control, it focuses
on the moral values, social accountability, worthy occupational practices, and control
activities.

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