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Operational Risk Management

Author: Jasmijn Bol

Publisher: Business Expert Press

Published: 2021-05-15

Total Pages: 204

ISBN-13: 1637420137

To remain viable, let alone competitive, organizations must manage risks. In this book, we explore the concept of operational risk as well as the mechanisms used to diminish the impact and occurrence of risks: the organizational control system. Since the scope and scale of operational risks are unique to each organization, our objective is to explain the theory behind why and how managers respond to the unique combination of threats that challenge their organization. We emphasize employee management and the complexities surrounding the design of management controls, incentive systems in particular, because risks related to employee actions are faced by virtually every organization. Overall, we provide empirically grounded insights into the process of diagnosing operational risks as well as designing, implementing and maintaining a control system that properly manages those risks.

Strategic Management (color)

Author:

Publisher:

Published: 2020-08-18

Total Pages: 325

ISBN-13: 9781949373943

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Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.

Organizational Control

Author: Sim B. Sitkin

Publisher: Cambridge University Press

Published: 2010-09-16

Total Pages:

ISBN-13: 1139490753

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Organization scholars have long acknowledged that control processes are integral to the way in which organizations function. While control theory research spans many decades and draws on several rich traditions, theoretical limitations have kept it from generating consistent and interpretable empirical findings and from reaching consensus concerning the nature of key relationships. This book reveals how we can overcome such problems by synthesising diverse, yet complementary, streams of control research into a theoretical framework and empirical tests that more fully describe how types of control mechanisms (e.g., the use of rules, norms, direct supervision or monitoring) aimed at particular control targets (e.g., input, behavior, output) are applied within particular types of control systems (i.e., market, clan, bureaucracy, integrative). Written by a team of distinguished scholars, this book not only sheds light on the long-neglected phenomenon of organizational control, it also provides important directions for future research.

Control in the Police Organization

Author: Maurice Punch

Publisher: MIT Press (MA)

Published: 1983

Total Pages: 376

ISBN-13:

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Contributors to this anthology examine how the police go about policing themselves in the real world. Police officers enjoy considerable autonomy and discretion, which makes strict accountability and close supervision the exception. In the lower ranks, mutual back-scratching, the code of silence, and the falsified report, can be used to cover up work avoidance, short-cut methods, illicit violence, and pay-offs. In spite of this, there are clearly constraints on police behavior in the form of both written and unwritten institutional controls. This book probes the various sources of organizational control, including: formal internal disciplinary regulations, the norms and values of the occupational culture, external legal constraints, and the overriding need to prevent scandals. The authors also suggest improving organizational control through managerial reforms to promote not just proficient bureaucrats, but leaders who possess insight into, and empathy for, the inescapable dilemmas of the men and women on the front lines.

Managing Organizational Culture for Effective Internal Control

Author: Jan A. Pfister

Publisher: Springer Science & Business Media

Published: 2009-07-07

Total Pages: 256

ISBN-13: 3790823406

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In times of economic and financial crises, the content of this book rings true. Drawing from interviews with executives, senior managers and/or auditors from renowned companies (eBay, Google, Hewlett Packard, Intel, Levi Strauss & Co., Microsoft, Novartis and many others) and theory from fields of sociology and social psychology, this research study provides an understanding of how "tone at the top" imprints on an organization and why that imprint works. More specifically, it discusses how managers' principles and practices can actively shape an open-minded culture that enhances effective internal control.

Organizational Control Mechanisms

Author: Rajendra Prasad Singh

Publisher: Northern Book Centre

Published: 1988

Total Pages: 168

ISBN-13: 9788185119380

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People seem to be ``either-or thinkers''; either this must be true or that must be true. As opposed to this there are people who believe that nothing is absolutely true and it is the time and the place which will determine the choice of an idea or a strategy. The approach of this book is opposed to both these extremes and alternatively takes a position which may be termed dialectical. It posits the possibility that both ``X and not X'' may be true at the same time and place. It conceives of social reality in the critical-conflict perspective and presents a model of behaviour control-mechanisms that may be effective in an organizational context. Besides being useful to the managers and union leaders of various government and non-government manufacturing and service organizations it has attempted to steer out a theoretical approach that may be adopted in understanding, predicting and controlling the behaviour of personnel of any hierarchy in a organization.

Introduction to Theory of Control in Organizations

Author: Vladimir N. Burkov

Publisher: CRC Press

Published: 2015-03-02

Total Pages: 346

ISBN-13: 1498714242

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Introduction to Theory of Control in Organizations explains how methodologies from systems analysis and control theory, including game and graph theory, can be applied to improve organizational management. The theory presented extends the traditional approach to management science by introducing the optimization and game-theoretical tools required

Corporate Entrepreneurship: How to Create a Thriving Entrepreneurial Spirit Throughout Your Company

Author: Robert D. Hisrich

Publisher: McGraw Hill Professional

Published: 2011-09-16

Total Pages: 352

ISBN-13: 0071766871

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Beat the competition with INTERNAL INNOVATION If 3M’s corporate leadership hadn’t given researcher Art Fry a creative outlet, the world would never have seen the Post-it Note . . . Corporate entrepreneurs, intrapreneurs, mavericks. No matter what name they go by, these innovators are the pioneering forces within an organization who spark new enterprises, products, services, and processes to combat increased global competition. Corporate Entrepreneurship shows you how to develop and grow your organization by designing the culture, structure, strategies, and policies that encourage and support internal entrepreneurial ventures. Bestselling author and world-renowned entrepreneur Robert Hisrich teams up with global management expert Claudine Kearney to provide action plans, techniques, and insights for establishing an organizational culture that allows intrapreneurs to develop the entrepreneurial ventures that will secure value and generate new growth in your company. Every day, globalization and technological advancements continue to put more of your competitors within reach of your customers. In order for your company to stay attractive and thrive, you need the proven tools and tactics in this book to: Identify, evaluate, and fund venture opportunities Recognize bright corporate entrepreneurs and create their compensation plans Create business plans that avoid failure, optimize success, and develop and sustain corporate venturing Manage the internal politics of venturing Effectively implement corporate venturing into your organization Hisrich uses illustrative examples from his experience consulting for such global companies as 3M, Alcoa, Westinghouse, Citi, and many others. Through informative, well-researched case studies, he demonstrates how his concepts help companies prosper over the long run, gain market share, and stay on the cutting edge of their potential. If your employees aren’t innovating, your company is losing its competitive edge. Use Corporate Entrepreneurship to give your mavericks what they need to keep your company on top—all over the world.

Management Control in a Voluntary Organization

Author: Peter Booth

Publisher: Routledge

Published: 2018-04-17

Total Pages: 296

ISBN-13: 1351258222

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This book, originally published in 1995, is concerned with the study of accounting within its organizational and social context. The author analyses accounting as having potential effects at both an ideological level and at an occupational level. Empirically, it is explored within the context of voluntary organizations as theoretically interesting extreme cases, where the conditions for accounting to be significant should be most open to question. This title will be of interest to students of business studies and management.

Effective Management Control

Author: Eric G. Flamholtz

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 185

ISBN-13: 1461313597

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Effective Management Control deals with a critical but relatively neglected and misunderstood aspect of organizational effectiveness: the process of controlling the behavior of people in organizations. The issue of organizational control and the design of an optimal control system is essential for the long term effectiveness of an organization: too little control can lead to confusion and chaos; conversely, too great a degree of control can result in the erosion of innovation and entrepreneurship. This monograph presents a conceptual framework for approaching these issues, and examines the role accounting can play in a successful control system. The author works towards an understanding of the nature, role, elements and functioning of organizational control and control systems in organizations. The book posits and discusses the features of a core control system and its component parts, including: planning, measurement and feedback, evaluation and reward sub-systems. It also discusses the ways in which a core control system operates within a larger organizational structure and culture. The theory is illustrated through its application to a particular case study.