Others Essay Example | Topics and Well Written Essays - 250 words

Others - Essay Example The organizational needs of the past are different from those of the future. There are increased pressures and demands on the leaders. Leaders are required to absorb vast sources of information and make prompt decisions. As it such, it is imperative to implement changes in the information decision making processes so that leaders and the management can process information easily and have the competence to make efficient decision in a strategic environment. The use of technology requires changes in information decision making process for effective allocation of resources, and management of the organization. Reward Systems - How various combinations of incentives, such as Individual Base Salary, Opportunities for Promotional, Potential Rewards; monetary and privilege i.e. use of the corporate jet are designed. The reward systems will require to undergo changes. This is because organizational change is characterized by resistance form the employees and therefore, they require some kind of a motivational incentives to support the new strategy. Incentives are used to align the workforce around certain areas that need attention leading to faster adaptability, changes and greater responsibility and accountability. This can be achieved by adopting ‘pay for performance ‘strategy which triggers employees to work hard. Organizational Structure - What is the best structure for the organization of the companies employees; Functional, Geographic, Decentralized or Matrix to manage the Strategic / Tactical actions to make the company successful. The business unit structure is the best structure for the organization of the company’s employees since a great business requires an unlimited input of all the employees of the business. As the business grow, business unit structure revitalizes and constantly changes the way of thinking as trends in the market change. Technology is also changing, and hence, business unit structure will allow the