Saturday, February 22, 2020

The Command and Control or Top-Down Management Style Research Paper - 2

The Command and Control or Top-Down Management Style - Research Paper Example In addition, the whole team must agree on the course of action taken by the organization concerning diverse issues (Yee-Melichar, Boyle & Flores 2011, p. 159). This paper wishes to examine the top-down management approach in the management of organizational change. The top-down approach in managing change implies imposed change since the change plans come from senior levels. Top-down style involves implementing changes more quickly as well as dealing with problems if necessary. Thus, this style is effective in organizations in which employees tend to resist changes. However, the style has the potential of increasing resistance to change due to the failure of incorporating employees in the change process. The managers at senior levels require being very specific when spelling out the change expectations as those following such plans do not participate in the process of planning (Anderson, Ackerman-Anderson 2001, p. 100). Since employees are not incorporated in the decision-making course and are repeatedly only motivated via either incentives or fear, moral can turn out to be an issue but these are usually countered by strict organizational requirements for all employees. However, change management could is inadequate since the top management may ignore a substantial part of the organization irrespective of how effectively such top-level decisions are reached (Morgan 2000, Para 4). In recent years, the top-down style of management is perceived as less favorable compared to the other management styles. However, it is sometimes very essential towards the success of projects and organizational change as seen above. An organization’s style of management plays a crucial role in determining whether the organization will triumph or fail. In this case, an organization can adopt a top-down style of management or a participative/inclusive management style (Dogra 2000, Para 1). Now, this paper can only say that both means of management are good as some projects  and organizational change management processes may work differently with the different management styles.

Thursday, February 6, 2020

Sarbanes-oxley act 2002 Essay Example | Topics and Well Written Essays - 500 words

Sarbanes-oxley act 2002 - Essay Example As a result of this the U.S Congress issued an act which was later known as the Sarbanes Oxley Act of 2002. The act addresses many different issues and is mandatory upon every public organization to follow (within the United States of America). The act consists of 11 sections which range from the extra duty being enforced upon different company boards to different criminal penalties if the guidelines of the Sarbanes Oxley Act are not followed. Besides such sections, the act wants the Securities and Exchange Commission to ensure that such guidelines and rules are followed by all the respective companies or not. The act focuses on issues such as corporate governance, internal control assessment, auditor assessment, etc. The act created a Public Company Accounting oversight board which was made responsible to manage and supervise audit companies which act as auditors of different public companies. Sarbanes Oxley Act 2002 is more of a Rules-Based approach where non-compliance would lead to heavy penalties (including some criminal prosecution as well). It is a requirement under the US stock exchange regulation to comply with SOX and a publicly held company needs to follow the act (private companies are exempt from its application).