Question 1
“No individual or group operates in isolation from one another or the
organisation”.
a) With specific reference to the systems theory, critically discuss the significance of the statement above in relation to how the various systems should function synergistically towards attaining organisational goals. (10 marks)
b) With the aid of practical examples, examine the practicality of the contingency approach in an open organisational structure. (10 marks)
Question 2
“Today’s employees are more career conscious than ever. They are demanding more in terms of personal growth and development. Organisations that fail to allow employees to meet their individual needs will be losing valued employees”. Robert C. Merchant, Jr.
With reference to the above quotation, examine the role and importance of Career Development Programs in developing and retaining employees and the impact this has on both the organisation and on the employee.
Question 3
‘The focus of governance is on value creation by organisations, embedded within the major challenges of the 21st century, namely the shift:
- from financial capitalism to inclusive capitalism
- from short-term capital markets to long-term, sustainable capital markets, and
- from siloed reporting to integrated reporting.
It is also concerned with the concept of corporate citizenship which flows from the fact that the company is a person and should operate in a sustainable manner. ‘
King IV, South Africa, 2016
Required:
Identify and discuss the challenges that are placed on a NZ listed company if it is to meet the governance focus outlined in the above quote. Refer to relevant reporting frameworks in your response.
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