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Showing posts with label control. Show all posts
Showing posts with label control. Show all posts

Saturday, July 13, 2013

EVALUATION OF STRATEGY

EVALUATION OF STRATEGY
 
Strategy evaluation is the last stage of the strategic management process and comes after strategy formulation and implementation as shown below :
  
STRATEGY           –– STRATEGY                 –– STRATEGY
FORMULATION         IMPLEMENTATION        EVALUATION
 
An organization can have one of the best formulated and implemented strategies but if the evaluation of these are not done, they become obsolete over a period of time. Therefore, it becomes important to have an effective evaluation system so as to help the organization to achieve its objectives.  
 
The evaluation process involves the control mechanism, which helps in taking corrective actions. we are going to discuss the qualitative aspects and the portfolio analysis so as to develop a complete understanding of evaluation and control.
 

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Monday, June 20, 2011

Interpersonal Relation

Interpersonal relation and factors affecting interpersonal relations ?
 
INTERPERSONAL RELATION:
Performance of members of any organisation depends on their ability to effectively interact with their superiors, subordinates and co-workers within the organisation and consumers, suppliers and general public outside. Interpersonal relation, therefore is a very important issue involving any organisation. Most organisations have people problems rather than business problems. People problems are due to faulty interpersonal relations, which hinders the attainment of organisational goal. Efforts are therefore made to enhance the interpersonal skills of the people at work.

FACTORS AFFECTING INTERPERSONAL RELATIONS :

Based on past experience people make assumptions about the nature of the other and of the particular kind of situation they are in (e.g. Competition or Cooperation). Each person develops positive or negative feelings that contribute to enhanced or diminished perceptions of self, the other and the current situation. These perceptions contribute to evaluation of the other person in this situation and lead to the formulation of intentions to interact in specific ways to accomplish personal objectives. The consequences of that behaviour and subsequent interactions generate new inputs for another set of reactions.
A.      Personality Factors: 

When trying to understand your feelings and behaviour, it helps to be aware that how you think and feel about yourself and others may be very unlike how they think and feel about themselves and you. These different evaluation and reactions depend on each individual's self-concepts, value system; frame of reference, defensiveness, interpersonal relationship needs and feelings.

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