Sunday, September 8, 2019
Organisational Structure and Design Essay Example | Topics and Well Written Essays - 2000 words
Organisational Structure and Design - Essay Example Nokia is seeking to understand on how to sustain business sustainability in the long term. Introduction Nokia Corporation is an international leader in cellular communications whose products have turned out to be part of a fundamental part of communityââ¬â¢s lives around the globe. The corporationââ¬â¢s hi-tech and design novelties have made its trade name among the most acknowledged in the globe. Nokia seeks to regain Smartphone leadership by forming strategic partnerships with Microsoft. The main element of the corporation is to build a new winning mobile ecosystem by partnering with Microsoft. The corporation also seeks to invest in next generation disrupting technologies, bring next billion online in developing growth markets, as well as increase focus on speed, results and accountability. For the corporation to achieve its strategy, it management has to recognize the importance of formulating a strategy on corporate social responsibility. Business sustainability is managin g the triple bottom line in which companies manage their monetary, community and environmental risks duties and opportunities. The three impacts are referred to as people, profits and planet. Business sustainability represents resilience over time, where business can bounce back from shocks as it is connected to environmental, social and healthy economic systems. Business sustainability necessitates that firms adhere to the rules of sustainable development. These are economic efficiency (prosperity and innovation), social equity (health and wellness and poverty) and environmental accountability (biodiversity and climate change). Managers need to understand business sustainability in order to comprehend how businesses can reconcile the need to be socially and environmentally sustainable with demands of a high market based system, whose key dimensions of success are profit and growth. Further, business sustainability helps managers to understand more thoroughly what makes business sta y alive. How organizational sustainability will influence organizational behavior Organization culture is usually viewed as the core reason for the failure of implementing organizational change programs. Whilst tools and techniques fir change strategies exist, scholars assert that failure results because the essential culture of the organization remains the same. Successful implementation of organizational culture for business sustainability may well be largely reliant on the values and ideological underpinnings of an organizationââ¬â¢s culture, eventually affecting how corporate sustainability is implemented. The competing values framework of organization culture discusses the connection between business sustainability and organization culture (Schein, 2004, p 54). Competing values framework demonstrates the contending demands within a business on two separate and competing proportions Competing values framework The internal-external dimension reflects whether the organization i s focused on its internal dynamics or the demands of its outside environment. The flexibility-control aspect exhibits managerial preferences for control and coordination formation. Organizations relying on control end of the model tend to lean on official mechanisms of control and coord
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