Organizational Behaviour For Business Scenario: Critical Analysis

Discuss about the Organizational Behaviour for Business Scenario.

In the current challenging business scenario, organizations are facing difficulties in running business its operations in an effective manner. Developing bridge between internal and external confines and maintaining relations with stakeholders are very complex task for the managers (Bar and et.al, 2015). The current essay focuses on challenging environment and management development. Regarding this, study will critically analyse a research article which is based on precarious challenges which are faced by chief executives of New Zealand. Essay will conduct critical evaluation on the basis of some specific aspects such as strength and weakness of the selected article and personal view point on thesis statement with appropriate justifications.

Analysis of the thesis statement has identified that major focus of the study was determination of the challenges which are faced by organizations and major reasons behind these issues (Horner and Swarbrooke, 2016). Along with this, determining the fundamental management skills for managing these challenges were considered as the major objective of this article.

Critical analysis of the study includes strength and weakness of the selected research. As per the exploration of this article, it can be said that research article has used a very systematic process for conducting investigation which comprised of problem identification, literature review, and methodology as well as data analysis. This process is considered as the major strength of this project which has helped in getting answers of the research question (Hutchion and Boxall, 2014). Literature review has assisted in getting insights about different challenges for business organizations and required skills for managing these challenges. Including this, getting primary facts using survey methodology is also included in the strength of this research because it has provided new and fresh information about basic challenges faced by private, public and non-profit organizations of New Zealand. Moreover, consideration of different sectors and organizations of every industry have also strengthened the significance of the research for every industry of New Zealand. Along with this, author has used both qualitative and quantitative methods for analysing collected data, such as thematic analysis and frequency distribution respectively. It has helped in conducting an in-depth analysis of the research (Rupp and et.al, 2015).

In contrast, article has not included any statistical test for examining data which is the major weakness of this study. Author could use hypothesis testing, descriptive statistics and cross tabulation for comparing viewpoints of the chief executives of all three sectors; public, private and non-profit (Küpers, 2016). Similarly, critical analysis of the article has shown that before conducting primary research author has not analysed skills of chief executives which can create question mark on reliability and validity of the collected data. In contrary, article has approached 1000 chief executives for conducting survey and got 27% response which is align with the standards and it is also considered as the strong point of this investigation. On the other hand, article has collected data from a single chief executive from a single organization, but for obtaining data about full picture of the organization, author needs to get more than one opinion (Garden, 2015). Including this, time pressure and survey frequency have been considered as limitations of the research but regular follow up and reminders of author have helped in overcoming all these limitations. On the other hand, a structured questionnaire including open and close ended question is also a strong point of the investigation which have augmented the reliability and validity of the information (Young and et.al, 2015).

Strength and Weakness of the Study

Findings of the critical analysis have reflected that researcher has resolved the research problem in an effective manner. According to results, qualitative or thematic analysis have concluded that environmental changes, emerging technology, changes in needs and requirements of customers and low purchasing power of buyers are major market risks or challenges for the private sector. Analyzing the current market situation, I also agree with this statement that new entrant, innovation in technologies and customer’s preferences lead changes in the existing business operations in a negative manner which may decline profitability of the company (Rubin, 2016). But, as per my personal view point, competitive business scenario and globalization are also important challenges for these organizations of New Zealand.

Along with this, findings about the public sector and non-profit organizations have disclosed that fund raising and changes in the economic climate are most critical issues at the time of operating business. I also agreed with this result because these types of companies focus on the welfare of people rather than generating profitability. So, it is difficult to get loan from bank and financial institutes thus the government grants and donations are the major sources of finance for raising funds, so it is difficult to obtain money from appropriate sources (Geppert, Matten and Williams, 2016).  Including this, the current research explored that talent management and employee retention are also major challenges for organizations of this sector. Due to high number of international opportunities, companies are facing issues in managing people and other internal resources. As per my personal opinion, it may be possible that these companies are witnessing such kinds of challenges but these problems can be easily managed by providing different motivational factors such as appropriate allocation of resources, training and development, non-monetary rewards, effective relationship with stakeholder, etc. Therefore, I believe that challenges associated with the employee turnover and human resource management can be easily resolved by the organizations of New Zealand (Cornwall and et.al, 2015).  

According to analysis of results, article has explored three major management capabilities which are important for New Zealand. These are basically managing uncertainty and renewal, developing association with partners and stakeholders as well as managing internal and human resources.  I completely agree with the statement because I thought that these capabilities are required for managing contemporary challenges of organizations of New Zealand (Geppert, Matten and Williams, 2016). In contrast, I believe that strategic planning and high research and development can help in managing uncertainty and renewal of business models of organization of New Zealand. Including this, Rupp and et.al, 2015 has stated that “favorable and sustainable corporate responsibilities play an important role in maintaining strong relationship with stakeholders” (Rupp and et.al, 2015). According to this statement, I also want to say that chief executives should pay attention towards the CSR policies of organizations.

Personal Viewpoints

My own key points of this research include that new technologies, economic fluctuation, changes in environment, poor relationship with stakeholders and obtaining funds are major challenges for chief executive of organizations of New Zealand. These are the major issues because these can lead to increment in the total cost due to changes in the business operations which may decline the overall performance of the firm (Cornwall and et.al, 2015).

I also want to say that for effective management, development and improving managerial skills, chief executive should make appropriate arrangement of training and development, motivation and communication among employees of the organizations.  These will help in developing effective relations with stakeholders. In addition, appropriate reporting of financial performance in front of government can also aid in getting funds from government grants which may reduce the issues associated with fundraising (Kumar, 2014).

Conclusion

After conducting critical analysis of the selected article, the current essay has concluded that author has easily identified major challenges which are creating problems for private, public and non-profit organizations of New-Zealand. I also believe that author has explored reliable and valid result because article was based on a systemic investigation process which have sued appropriate test for checking reliability and validity of data. Therefore, study has made a meaningful conclusion as per the objective. Including this, article has also suggested political, interpersonal and other management skills will be effective for handling and managing these issues. After conducting critical analysis, I also agree with the findings and results of the selected article and I think, this article has increased the scope of future research on similar subjects also.

References

Books and Journals

Bar, A. K. and et.al, 2015. Single-ion magnet behaviour of heptacoordinated Fe (II) complexes: on the importance of supramolecular organization. Chemical Communications, 51(17), pp.3616-3619.

Cornwall, J. and et.al, 2015. Can a short intensive course affect entrepreneurial ability, knowledge and intent, or further entrepreneurial study? An assessment of the SEED programme, Dunedin, New Zealand. Industry and Higher Education, 29(5), pp.397-404.

Geppert, M., Matten, D. and Williams, K., 2016. Challenges for European management in a global context: Experiences from Britain and Germany. Sprin.

Horner, S. and Swarbrooke, J., 2016. Consumer behaviour in tourism. Routledge.

Hutchion, A. and Boxall, P., 2014. The critical challenges facing New Zealand’s chief executives: implications for management skills. Asia Pacific Journal of Human Resources, 52, pp.23–41.

Kumar, R., 2014. Research Methodology: A Step-by-Step Guide for Beginners. SAGE.

Küpers, W., 2016. A handbook of practical wisdom: Leadership, organization and integral business practice. Routledge.

Rupp, D.E. and et.al, 2015. Organizational justice, behavioral ethics, and corporate social responsibility: Finally the three shall merge. Management and Organization Review, 11(01), pp.15-24.

Young, W. and et.al, 2015. Changing behaviour: successful environmental programmes in the workplace. Business Strategy and the Environment, 24(8), pp.689-703.

Online

Garden, C., 2015. Human Resources Management in New Zealand. [Online]. Available through: <https://www.hrinz.org.nz/Site/Resources/hrm_in_nz.aspx>. [Accessed on 18^th September 2016].

Rubin, C. M., 2016. The Global Search for Education: How Well Do You Know the United Nations? [Online]. Available through: < https://www.shanghaidaily.com/opinion/The-Global-Search-for-Education-How-Well-Do-You-Know-the-United-Nations/shdaily.shtml>. [Accessed on 18^th September 2016].