Management Assignment Example | Topics and Well Written Essays - 500 words - 6

Management - Assignment Example The manager will be efficient but if the program had no relevance with the organization’s objective, then he or she would be efficient but not effective. If the program costs more, the manager would be effective but not efficient. Manager of an organization can improve both simultaneously by introducing the emergent technology. In busy offices, time wasting can cost the company immensely. For instance, the manager can introduce a printer that can print data from computers and this can improve efficiency and effectiveness within the workplace (Ehman). Good reputation is the most important thing as it adds value to an organization. Being ethical and socially responsible is part of having a good organization. For instance, Aflac is an insurance company that has had recognition for being among the most ethical companies in the world. They have made this successful by treating shareholders with integrity and honesty. Wal-Mart is almost the largest retailer and private company employer in the world. Despite the huge profits, it has faced stiff allegations from employees that they are not treating the right. First, the company employs illegal immigrants so that they can cut down costs. Sometimes they go unpaid when they work overtime. Many workers also complain of sexual discrimination and denial to medical care plans. Social account is an imaginary account built by being helpful to people and it is measurable by the strength of one’s relationship within a network. We can earn, save, and spend this capital. It takes time and investment to earn social capital and the best way is to use attitudes and behaviors, which will build social capital (Townsend 24). Social capital can be of use in critical situations of an organization in order to improve its reputation. It is essential to propose a leadership process that can work passably with performance appraisal of Management by Objective. This is in the view of