Investigation and evaluation of Organisation Value Strategies and how Dissertation

Investigation and evaluation of Organisation Value Strategies and how these are supported by modern Technology - Dissertation Example Any other person who uses this work should acknowledge it accordingly. Student's Signature: Date: Contents Introduction The success of an organization is highly dependent on its values and strategies used to attain those values. For an organization to be competitive, it must have a well- established business strategy that will be pivotal in helping it achieve its values. Values are the ones that guide the activities of organizations. Values can be defined as the good or worthwhile traits and qualities within the organization. They are indicators of the highest priorities of the organization. They are the ones that drive the organization towards achieving its objectives. Within an organization, value statements dictate the manner with which individuals will behave. It is worth noting that the behaviour of individuals has an impact on the performance of the organization. In addition, the way individuals behave with each other could be a motivating factor for employees. Organizational s uggests the value that the organization has put on customers, employees, suppliers and other stakeholders. Some of the most common values that can be embraced in an organization are; individuality, equality, responsibility, accountability, loyalty, credibility and honesty among others. The list of values that organizations can adopt is endless (Stein & Christiansen, 2010). Strategies can be defined as the approaches that the organization uses to achieve its values, goals and objectives. Developing strategies is very critical for any organization since this will draw the path through which the organization will attain its future success. Managers should invest enough time in defining the strategies that the organization will use to accomplish its values. For instance, value accomplishment can be facilitated by empowering employees. Employees have the ability to give the organization a competitive advantage. They are the once who facilitate the achievement of organizational goals and therefore they should be empowered. In the wake of the 20th century, technology has been advancing at a higher rate as compared to any other time in the past. Modern technology has the ability to support organizational value strategies. It offers a number of options that can be used as strategies to achieve its values. For instance, consumer value can be attained through innovation (Stein & Christiansen, 2010). In addition, accountability and loyalty can also be attained through innovation. Innovation is the lifeblood of today’s organizations. Organizations need to be highly innovative for them to survive in the economic environment. It is very difficult for any business to make it today without being innovative. Each of the businesses wants to have a large share of the market to maximize its revenue and therefore has to be creative in order to attract customers. Technology has led to emergence of businesses being conducted online which help in supporting the organizational v alue strategies. Modern technology is essential in supporting the organizational value strategies since it enables an organization to improve its innovation capability and hence gain a competitive advantage (Matheson & Matheson, 1998). Over the last couple of decades, academicians have focused their attention to modern technology. They evaluate how the technology can be used to help the organization attain a

Dubai Cultural environment Essay Example | Topics and Well Written Essays - 1000 words

Dubai Cultural environment - Essay Example This is because culture may impact effective business performance in case it is not taken into considerations seriously. Dubai people who are the Arabs emphasize on generosity, respect and modesty and a persons’ honor is paramount because it is a way of communicating indirectly. The Arabs consider civility as a significant value and the status of an individual is well taken into considerations. Therefore, before the American Company make decisions of considering Dubai for their international expansion plans; they should fully understand the cultural environment of Dubai. The cultural environment of Dubai is unique because of the way cultural values of the Arabs put value on relationships an evident in which people can integrate work and socializing. The normal working period of the Arabs is from morning up to evening, and in between working period, there is a tea break and lunch break. The Arabs take a long lunch break, which is followed by resting and many breaks for praying. The Arabs beliefs that the long breaks offer a chance for the customers; thus turning out this to be an opportunity for successful business. Therefore, the American company should understand the way the Arabs integrate work and socialization. ... Hofstede carried out research analysis in order to determine significant cultural dimensions. He carried out varied cultural value dimensions that came from IBM labor force surveys that were conducted in more than 50 cultures between 1967 to 1973 (Ghemawat and Reiche 3). The research study aimed to reveal varied cultural dimensions including power distance, individualism or collectivism, uncertainty avoidance and masculinity or femininity (Ghemawat and Reiche 3). Therefore, these are among the significant cultural values dimension that the American company should take into considerations before planning to expand their business in Dubai. One of the cultural value dimensions that the American company investors should take into considerations before expanding their business is a high power distance. Power distance is the degree to which a certain culture accepts and reinforces the fact that power is distributed unevenly in the society (Ghemawat and Reiche 3). Therefore, the American Co mpany considering Dubai for its international expansion plans should understand power distance. This is essential because it will enable their business to thrive effectively; thus achieving successful business performance. The American company should understand that power distance is unfairly distributed in Dubai. This is because Dubai is one of the regions that have cultural values and customs that are rooted in Islamic laws. These laws may impact the business in different ways including on the way and when the business is conducted for organization design. Therefore, success of the American company can be based on understanding these differences and the ways Arabs approach situation better or worse than in other cultures. Some power distance varies