Organizational Theory, Design, and change Essay

Organizational Theory, Design, and revision - Essay ExampleAs such, it is common for organizations to improve their operations by minimizing production or usable costs for non-profit organizations. Such organizations are known to be efficient and go a port therefore charge unhopeful amount for their goods or services due to the low costs of production. The customers are also able to collar quality services at affordable rates. Moreover, through motivation of employees, the company is able to retain faithful and efficient employees, which improves its social image within the community where it operates. Through proper social responsibility strategies, the organisation is able to associate with the organization and this will further enhance its image. A properly managed organization will consider an approach that will lay emphasis on initial impetus, focus, alignment, proper planning and variant so as to ensure value to the consumers. It is clear that entrepreneurship will set the foundation for creating value in an organization since the entrepreneur defines the goals and the tradition of the organization. They provide the initial leadership in the organization by scene the objectives and acquiring the necessary resources. The entrepreneur also establishes the vigilance of the organization. ... It could therefore be a conflict mingled with the management and the investors or the management and the employees or even all employees against the investors. These conflicts could include difference in management ideologies between the management and other stakeholders, difference in targets set by different quarters of the organization and expected remuneration or reward for various achievements. In most organizations, agency problems normally communicate when the management misuse the agency bestowed upon them by the other stakeholders. This is in such acts as using that authority for their own benefit at the expense of the company goals. The agency prob lems can be generalised as adverse selection where the investor doubts the capability of the management to promote his interest and moral hazard, where behaviour of the representative is deemed to be capable of causing harm to the organization. It is important to note that agency problem is mainly caused by scruple and in some cases, negligence. Sadly though, the problem exists in every organization in one way or the other. Several efforts or actions are taken towards solving agency problems and they include screening processes to decoct misbehaviour, offering incentives to the employees and management for positive results and achievements, well defined punishments for poor behaviour such as suspension and unpaid leaves to ensure strict adherence to the companys principles. The company may even be forced to employ supervisors who are charged with the responsibility of checking such compliance. This method could be referred to as guard dog police. Other modes of solving agency pro blem are