Tuesday, August 27, 2019
Organizational Theory Research Paper Example | Topics and Well Written Essays - 2500 words
Organizational Theory - Research Paper Example The paper is intended to provide detail descriptions about the competition of organisation with their competitors for acquiring resources. Lastly the report covers the full description of the nature of organizations and their stages of development. This essay declares that for managers the importance of resources is to develop, identify and arrange them in such a manner that it brings profit in the competitive market with higher return on capital. Resources comprise of every assets such as capabilities, information, knowledge, attributes of firm, organizational processes and so on. These resources are managed by a firm to conceive as well as apply strategies to stimulate its effectiveness and competence. As resources can be considered as heterogeneous, it varies from organization to organization. Resources are the tangible and intangible assets of the firms which are being used to implement and develop their strategies. Firms have right to use specific resources of a firm as well as country-specific resources. These resources are located in both the firmââ¬â¢s country of origin and other host countries where it performs the business. Human resources, financial resources and physical resources are fixed effort of any organiza tion. Administrative resources provide leadership structures for managing and leading these traditional resources. Political resources are used for government agencies and are typical to public organizations. Reputation is an important intangible resource. Labor is also a key resource of any organization.... As resources can be considered as heterogeneous, it varies from organization to organization. Resources are the tangible and intangible assets of the firms which are being used to implement and develop their strategies. Firms have right to use specific resources of a firm as well as country-specific resources. These resources are located in both the firmââ¬â¢s country of origin and other host countries where it performs the business (Rapp & Jackson, 2003). Human resources, financial resources and physical resources are fixed effort of any organization. Administrative resources provide leadership structures for managing and leading these traditional resources. Political resources are used for government agencies and are typical to public organizations. Reputation is an important intangible resource. Labor is also a key resource of any organization (Lee, n.d). 3.0 Impact of the Resources on the Organizational Members A variety of resources show moderately different impacts on organi zational members. Certain resources have positive and major influences on efficiency of organizationââ¬â¢s members and others embrace negative or insignificant relationships against the performance of the organizationââ¬â¢s members. The organizations resources comprise of human resource, financial resource, physical resource, administrative resource and political resource. All these resources have greater impact on members of the organization. The human resources of an organization bring better performance and competitive advantage to the organizationsââ¬â¢ members. The proportion of professional employees in the firm is associated with the autonomy in human resource. As a result, professionals in human resources have positive impact on performance of members of
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