Managing in a mized economy Essay Example | Topics and Well Written Essays - 1250 words

Managing in a mized economy - Essay Example This therefore means that management of an entity would have to set up a system of delegation and working that would enable individuals within an organisation to extract resources from the society, process it and then sell it to members of the society. Most organisations are either publicly or privately owned (Gadkari, 1997). However, there is a growing trend of social entrepreneurship. 'Social entrepreneurship' is a term linked to the activists, NGOs, policymakers, international institutions and corporations which address a range of social issues in innovative and creative ways (Nicholls, 2006). Management techniques are adapted to be able to give all organisations guidelines and codes of best practices to apply in the setting up and running of successful businesses (Montana & Charnov, 2008). Management encourages the people with power and authority in organisations to set up permanent systems and structures as well as periodic targets and ends and ensure that they are attained thro ugh leading, co-ordination, monitoring and evaluation (Witzel, 2004). In this sense, management gives sufficient tools, techniques and guidance that can enable people in all forms of organisations to attain results. This means that management just gives people in authority the right and ideal standards and techniques to attain the standards and targets they set. This therefore means that management in public, private and voluntary organisations are essentially the same. However, Holley et al (2009) state that management in public, private and voluntary organisations are different because of the inherent nature of these forms of business. First of all, the public sector is set up by the government to provide services to the public at little or no costs. On the other hand, private businesses are set up to render a service to the society with a view of maximizing the profits of the owners. Voluntary organisations on the other hand, are set up by non-governmental entities to provide ser vices to the public at little or no costs and are usually funded by philanthropic efforts. The structures of authority and establishment of these entities create inherent differences in these organisations that makes it inappropriate for a manager to use the management system that works for one class of entity on another. This is because the government's requirement from public sector organisations are not the same as those used by the shareholders of private companies. Also, the requirements of sponsors of voluntary organisations are very different from these two. This therefore makes it necessary for different management systems to be used in each of these cases. Holley et al (2009) state that monopolistic conditions often exist in the public sector. This is because few people provide the same service that public sectors do. This therefore means that the requirements and desires of the public sector are not very demanding. On the other hand, the private sector is very competitive. This is because an average business seeks to gain a larger market share in the face of competition from other businesses that provide similar goods and services to members of the public. This therefore means that a private sector organisation needs to remain competitive to survive into the foreseeable future. Voluntary organisations are also specialised in their nature and do not often face competition directly (Courtney, 2002). However, their supreme goal is

The importance of having a safety program in an organization Term Paper

The importance of having a safety program in an organization - Term Paper Example Thus it is the responsibility of the organization to protect its employees from safety and security concerns. The safety program helps to build an atmosphere of peaceful and steady work where employees are able to concentrate on their job without being concerned over the possible issues of their safety (Alston, 2003). Importance of safety program in an organization The employees are the most valuable assets of an organization. Apart from the employees, the workplace of an organization also constitutes of the customers, the employees of the customers, agents, suppliers and the general public. Any injury or accident in the workplace is a highly undesired event that could break the flow of workplace activities of the organization. The disruption of work due to events of violence or accidents would not cause losses of daily work output but would also affect the human resource of the organization. The cost of such danger situations is unexpectedly high for the organization that demands es timation and subsequent measures. The implementation of safety programs in an organization is an important step to safeguard the employees, internal and external stakeholders and other valuable assets of the organization for sustainable healthy operations. ... The parameters of job security and job satisfaction are among the highly rated criteria that employees look for fulfillment. The role on safety measures by the organization keep the employees loyal to the organization with higher level of satisfaction and feeling of care taken by employers. The safety program to be set up by the organizations is also a legal requirement. The laws and regulation of the federal, state, locality and community are enforced so that no compromise is done on the acts of safety. The research on safety issues of the organization indicated that 80% of the reported accidents in workplace are due to unsafe behavior rather than the unsafe environment. Thus the safety programs included focus on the unsafe behavior of participants in the workplace which is a proactive approach rather than identifying the causes of unsafe environment and waiting for the changes to produce a safe environment. Ways for successful implementation of safety programs The various ways of s uccessful implementation of safety programs in an organization are given as follows. The implementation of successful safety programs of an organization depends majorly on the initiative of the various levels of management of the organization. The management should be accountable to exhibit exemplary behavior to their employees in the workplace. The rules on safety in workplace should be abided by the entire workforce with high level of mutual respect and co-operation at work. The expectation on safety standards are required to be set among the employees in order to bring out responsible behavior in the workplace. While entering into contracts with