Emerging Models for Workplace structure in Technology-Intensive Organizations
Introduction Management is core business practice that is used for maintaining operations and functions of organization according to standard and goals. Management is application of planning, organizing, staffing, directing and controlling the function in most effective and efficient manners to meet the objectives (Kerzner, 2013). The report will discuss traditional management principles and modern practices of technology intensive organization. It will compare management theories and function that have been changed according to time and providing significant impact on performance of organization. Moreover report will analyze the gap between traditional and current management practices. Literature Review Management principles are fundamental truth of organizing the operations and functions of organizations according to standard practices. By using the management fundamental, organizations set the guideline and frame management decision to achieve goals. However these principles and practices are derived from observation, analysis and experimental studies. For example, banking organizations are using the traditional management principles in more effective and efficient manner (Tata. et.al. 2011). According to traditional management principle, banking organization like HSBC is following the traditional management functions with effective combination of technology to accomplish the objectives. Following are key traditional practices undertaken by organization: Figure 1: Traditional principles of management Division of work. According to traditional principle of management, the top management of organization assigns role and responsibility to individual as per the skills and qualification. In order to meet the quality standards and increase productivity banking organization like HSBC use this principle. The proper division of work leads to encouragement in desired results as well as improve efficiency in operations (Meredith Belbin, 2011). By separating part of work like accounting, customer relationship, cash flow and planning of day to day functions help to complete task as per the requirements. Authority and responsibility. This has major impact on management performance to ensure authority and responsibility of individual at work place. Traditional management has included this principle to enhance the performances by proper monitoring and control (Zhang & Lin, 2010). By assigning the authority and responsibility management try to make balance between delicate departments for particular tasks. For example, banking organization has appointed the heads and assign role to manager to monitor the work process and meet the expectation of customers. This kind of approach and practices helps organizations to make superior services and encourage business. Discipline. This is an important principle of management process that refers to obedience, proper relation, behavior and ethics to maintain smooth function of work. According to traditional management practices, the top management of organization determines code of conduct as per the culture and functioning. However there is no fix process of setting the discipline for individual but different organizations have different practices (Chang. et.al. 2011). According to principles of management disciple …show more content…
According to current business conditions and process, technology has provided many changes in management activities which have significant impact on practices and process of working. The organizations are using the technical tools for engineering, manufacturing, decision making and knowledge management (Kim & Mohanty, 2010). Different techniques and practices have influenced the traditional management process as well as improved the standard of monitoring, controlling and determining tasks. Following are key techniques and manager tools boxes of modern management practices which applied to technology intensive