Posted:
Hello Friends,
Its been quite sometime I have opened up a new topic for discussion on the forum. Well there has been nothing worth commenting on😕 Like most of you I am sick and tired of the storyline. Today as I sat on my laptop this thought occurred to me and I came up to share it with you. It might sound boring, but for some of you who are studying business management or those who have interest in it, this might sound an interesting way to understand the concept of an Organizational Life Cycle!
We often talk about business organizations and the different phases they go through. Let me briefly lay down the idea:
Organizations go through different phases of growth. Each of these phases present different management and leadership challenges that one must deal with.
Now as we look at KS it seems to be a classic example to study the above-mentioned concept. The question is which phase are we exactly in? Has the renewal phase already failed or is there still some time left before it dies?
I know I might have bored you to death! but do comment if you wish to....I could not stop myself from drawing out the comparison.
For the conceptual details I used the Article :'Five Phases of The Organizational Life Cycle'
By Murray Johannsen.
Its been quite sometime I have opened up a new topic for discussion on the forum. Well there has been nothing worth commenting on😕 Like most of you I am sick and tired of the storyline. Today as I sat on my laptop this thought occurred to me and I came up to share it with you. It might sound boring, but for some of you who are studying business management or those who have interest in it, this might sound an interesting way to understand the concept of an Organizational Life Cycle!
We often talk about business organizations and the different phases they go through. Let me briefly lay down the idea:
Organizations go through different phases of growth. Each of these phases present different management and leadership challenges that one must deal with.
The Start-Up Phase -> The phase before you open up for business
The Growth Phase -> Here one expects to see revenues climb, new services and products developed, more employees hired and so on
The Decline Phase -> In the growth phase one finds a tremendous amount of corporate insanity like inadequate leadership, poor planning, and failure to change. The most apparent sign is decline in sales.
The Renewal Phase-> One way to reverse dry rot is through the use of training as a way of injecting new knowledge and skills. One can also put in place a rigorous program to change and transform the organization's culture.
This assumes, though, that one has enough transformational leaders to change the status quo. Without the right type of leadership, the organization will likely spiral down to bankruptcy.
Death -> Failure of the renewal phase leads to death/bankruptcy!
Now as we look at KS it seems to be a classic example to study the above-mentioned concept. The question is which phase are we exactly in? Has the renewal phase already failed or is there still some time left before it dies?
I know I might have bored you to death! but do comment if you wish to....I could not stop myself from drawing out the comparison.
For the conceptual details I used the Article :'Five Phases of The Organizational Life Cycle'
By Murray Johannsen.
Mr And Mrs Parshuram
