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MGT503 - Principles of Management

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    zaasmiZ

    @zaasmi said in MGT503 Assignment 1 Solution and Discussion:

    Re: MGT503 Assignment 1 Solution and Discussion

    Principles of Management (MGT503) FALL 2020 Due Date: 8th February, 2021 Total Marks: 20

    Assignment 01
    Objective of the activity: The objective of this assignment is to make students able to recognize
    different organizational structures along with the contingency factors impacting organizations during period of global crises such as COVID 19.
    Learning Outcomes:
    After attempting this activity, students will be able to:
     
    Comprehend basic contingency factors surrounding organizations.
    Come up with the strategies which organization should adopt in future to work effectively
    due to uncertain circumstances.
    Premise:
    A new trendy and catchy managerial acronym now days is “VUCA”, stands for volatility, uncertainty, complexity, and ambiguity. These are four different types of situations requiring different types of responses. COVID-19 has brought unprecedented challenges for organizations and “VUCA” has become a new normal. The old ritual of dictating work by the top management to the subordinates, and ensuring that all tasks have been finally operated and executed is fading due to prevalent pandemic. This requires a change in strategy, otherwise they would be at disadvantage.
    By calling attention to this and other limitations of traditional organizational structures, COVID-19 is speeding up the pace of necessary change. Organizations have been naturally put into situation where they have to modernize, for example, working remotely. Here, those organizations which were previously having less rigid structure have embraced this change easily. However, this sudden need of change has created opportunities to come up with new strategies
    and affective ways of doing work.
    Requirements:
    For the organization which are transitioning from traditional to work remotely/virtually;

    What can be appropriate organizational design decisions based on the following contingency factors: (15 Marks)

    a) Strategy and structure
    b) Sizeandstructure
    c) Environmental uncertainty and structure
    2. What crucial points should organizations keep into consideration by going from “new normal” to “back to normal”, when COVID-19 crises fades? (5 Marks)
    Important note: do not write unnecessary details. Irrelevant material will be marked zero straight away. Word limit for each part of question in 50 words. Moreover, plagiarized work will be treated same way. Do not claim afterwards that your work is not plagiarized.
    Important:
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     Use black and blue font colors only.
    Referencing Guidelines:
     Use APA style for referencing and citation. For guidance, search “APA reference style” daily and read various websites containing information for better understanding or visit http://linguistics.byu.edu/faculty/henrichsenl/apa/APA01.html
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     It is cheated or copied from other students, the internet, books, journals, etc.

    Note related to load shedding: Be Proactive
    Dear Students,
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    cyberianC

    @sobia said in MGT503 GDB 1 Solution and Discussion:

    Point of Discussion:
    Being a student of management, you are required to suggest two decisional roles (Mintzberg’s Managerial Roles) suitable for the CEO to adopt in this situation. Also give two justifications for each role to resolve this issue.

    1-Distuibinice flanler-In the meeting, inter-department conflict has been revealed. The managers of different departments blamed each other for the crisis. Therefore. CEO should handle this conflict. He has to play role of disturbance handler.

    2-Resources AIlocator:- Departmental managers are unhappy for the available resources. They demand for more resources. Proper distribution of resources is required in current circumstances. Therefore, Mr. CEO should play the role of resource allocator to proper distribution of resources.

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    zareenZ

    Solution:

    Culture type McGregor’s theory (theory X / theory Y) Explanation 1. Role culture Theory X Based on stability, certainty and defined structures, processes and policies. Employees are highly monitored to follow the set patterns 2. Power culture Theory X This is a one man show where all power resides with the founder. Decisions are taken by the founder which has to be followed by the subordinates 3. People culture Theory Y organization exists to serve the individual and where individuals are not servants of the organization. They consist of self-organizes professionals who do not need any supervision 4. Task culture Theory Y More emphasis is given to completion of tasks and least is given to the hierarchal positions. Employees are provided with autonomy to ensure task completion.
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