Teams make five contributions; creativity, quality, speed, productivity, and employee satisfaction (Daft, 2021). These five contributions should lead to higher organizational performance and greater competitive advantage.
Category Archives: Business
The Impact of Human Resource Management
Human Resource Management plays a strategic role in organizational performance by focusing on finding the right people, maintaining an effective workplace, and managing talent. These efforts impact human capital, which is often cited as the most important factor in determining the success of an organization (Daft, 2021).
Strategy Maps + Organizational Goals
Organizations should have three categories of goals, strategic, tactical, and operational. There should be a clear connection to how each goal impacts other goals in the form of a strategy map.
The Triple Bottom Line
Everyone has heard of a corporation’s obsession with taking care of the “bottom line”. But few are familiar with the modern take on this concept, the “triple bottom line”. The triple bottom line consists of the “three Ps” of people, profit, and the planet. This concept is the future of business.
Organizational Decentralization & Gen Z
Decentralized organizations are rooted in the idea of delegation and employees having decision-making power. This creates environments of independence and will free up time for senior level management to focus on bigger initiatives and less on the day to day operations of an organization.
Educate Yourself on the Economy
With inflation at an forty-year high, the stock market in a bear market and likely heading to a recession, and with the U.S. Federal Reserve consistently increasing interest rates, there has never been a more important time in the last 40 years to pay attention to the economy. But unsure where to go for trustedContinue reading “Educate Yourself on the Economy”
Information Technology & Business Strategy
Across a span of seven weeks I completed an MBA class on information technology and business strategy that involved the reading of nearly 1,000 pages of business theory and case studies, analyzing these ideas with a six-person team, and creating of over 100 pages of reflection. My final case study involved reflecting on the threeContinue reading “Information Technology & Business Strategy”