Question
Contemporary organisations are inherently more complex because decisions involve various stakeholders. Managers and employees of complex organisations must learn more technologies and processes, adapt to
Contemporary organisations are inherently more complex because decisions involve various stakeholders. Managers and employees of complex organisations must learn more technologies and processes, adapt to changing business dynamics, embrace change and implement various strategies to realise strategic competitive advantage through effective use or management of resources and competencies. To complete this project, you are required to select an organisation that you are familiar with and good understanding of the business environment in which it operates. Critically analyse the internal and external business environment and answer the following questions.
As the newly appointed Business Development Executive of the selected organisation you are required to study the business environment of the selected organisation and develop a presentation document for its management on the strategic management key business areas in order to achieve the desired competitive advantage and organisational goal. The presentation document should provide clear reference to the organisational context and application of relevant theory. The following areas should be included in the presentation:
1.1 Provide an introduction and organisational background. (6 marks) 1.2. For many years, employee motivation was regarded as one of the most challenging areas for organisational productivity, hence a suitable panacea must be applied to address this concern. Managers are contemplating the implementation of the Expectancy Theory and Equity theory to address employee motivation challenges. Compare and evaluate the Expectancy Theory and Equity theory, as suitable approaches to motivating the diverse employees in your organisation.
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