Write a research paper addressing a chosen business theory and its application to current industry practices and environments.
Senior executives, and those who work with them such as advisors and consultants, must be skilled in organizational analysis. In particular, they must have proven abilities to review the current or proposed structure of an organization, compare it to the overall strategy, and recommend changes that will lead to enhanced performance
By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 2: Analyze the impact of learning and performance in organizational structures.
Explain a business theory associated with enhancing business performance.
Describe industry best practices for organizational structure and learning.
Recommend improvements for industry performance based on current environmental trends.
Analyze how a shift in business mindset affects the performance level in an organization.
Competency 3: Create a model for organizational structure of a high performance organization.
Describe a model for organizational structure that leads to high performance.
Thinking Habits of Mind, Heart, and Imagination
Complementary Thinking – The habit of thinking that weaves multiple perspectives into an integrated fabric of understanding.
Connected Seeing – The habit of seeing reality as a whole system, which is a seamlessly connected, interactive and dynamic web-of-life.
Collaborative Teamwork – The habit of collaborating in teamwork to accomplish common purpose, by integrating personal initiative and group cooperation.
Constructing Meaning – The habit of constructing meaning by acquiring and synthesizing diverse sources of knowledge to enrich understanding.
Conceptual Clarity – The habit of clear conceptual thinking from first principles, to make sense of and to distinguish among the known, the unknown and the unknowable.
Communicating Effectively – The habit of communicating effectively in a teamwork style to collaboratively create new understandings, new possibilities and new realities.
Courageous Action – The habit of courageously taking action and making meaning in the face of ambiguous experience and uncertainty.
Caring Empathy – The habit of caring for, identifying with, and honoring others, as well as understanding how others see the world.
Conversational Reflection – The habit of reflecting on the experience of professional practice through learning conversations.
Continuous Learning – The habit of seeing every experience as an opportunity for continuous lifetime learning.
New Business Realities of the 21st Century
Driving Force 1
Knowledge – Primary Source of Wealth
Knowledge, as the intangible asset of “Intellectual Capital,” has now become the primary source of wealth and power in business and society in general. This displaces in large degree the tangible assets “Industrial Capital” of plant, equipment, energy, financial capital. Business management and leadership must be rethought to account for the different and surprising characteristics of knowledge, the new primary capital.
Driving Force 2
E- Business Systems – The New Infrastructure
E-business systems are the new primary infrastructure of networked organizations. These new electronic infrastructure systems both replace and leverage the traditional physical infrastructure of business, such as warehouses, central offices, paper-based transactions, and so on.
Driving Force 3
Net Communications – New Communities
Extensive networked communications in business and society are enabling new forms of community. Conversations – in the new networked communications of e-mail, chat, voice, and visual media – are changing both the messages and the messengers in newly formed communities of communications.
Driving Force 4
System Dynamics – Transformative Change
New system dynamics are at work in the economy – everything is speeded up. Now change is faster, unrelenting, and more transformative than at any time in history. In addition, a new understanding of the process of change is emerging as the new sciences of chaos and complexity develop. Business and society need to be rethought in terms of rapid transformative change, using the new insights of the hidden order in the chaos of complex adaptive dynamic systems.
Driving Force 5
Social-Cultural Expectations – New Stakeholders
Social and cultural expectations are changing in rapid and transformative ways, which need to be recognized for wise management and leadership of organizations. These new social and cultural expectations take the form of a new and expanded set of stakeholders, who now believe they have a legitimate stake in the conduct and performance of private and public organizations impacting society.
Complete the following:
Research business theories using the library. You may also wish to use the materials provided in the Resources.
Choose a theory that you feel is most relevant for today’s environment, and explain why you feel that way.
Describe the industry associated with your theory, and identify best practices for organizational structure and learning.
Provide recommendations for enhancing industry performance, and connect your recommendations to what is currently happening in the local and global environment.
Based on the information presented in the New Business Realities of the 21st Century and Thinking Habits of Mind, Heart, and Imagination documents (linked in the Resources), analyze how a shift in business mindset affects the performance level in an organization. Use the most relevant realities and habits, as well as examples, to support your analysis.
Based on the information presented in the research you have conducted, industry best practices, and the analysis you just provided, choose one of the following options:
Explain how you would redesign an existing organization to have higher performance.
Explain how you would design a new organization to achieve high performance and learning.
Format this assignment as a research paper following APA 6th edition guidelines for both style and citing sources, making sure you also use correct grammar and mechanics. There is no required minimum or maximum page length; however, you should strive to be as detailed as possible in addressing each part while also being as clear and concise as possible.
Please note: The term environment is used throughout this course to mean all of the external factors that affect an organization. These include, but are not limited to, the overall global market, the industry as a whole, and the financial market.