Mingliang than does the work of proficient project management.

Mingliang Wang

Michael
Shum

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MSPM1-GC1025-101

1/27/2018

Challenges
that Organizations Face

We live in rapidly altering
times, particularly for businesses. Presenting technological change into a business brings a diverse set of challenges to administration than does the work
of proficient project management. However, the managers in charge of driving a
technical innovation into predictable use are much better prepared by education
as well as knowledge to guide that innovation’s growth than to manage its adoption
(Laudon and Jane 7). Uncertainty regarding the future is another challenge I
see organizations facing that can be best addressed with consultant’s
assistance. Another issue is financial management.  Lots of CEOs are ideas people, which means that
they are good at the big picture and unsettling thinking, but weak with things such
as cash flow, profit margins, and financing among others. Lastly, maintaining
reputation is very challenging for many organizations because clients can voice
any discontentment so much more openly and loudly than ever before (Laudon and
Jane 11).

Organizations that
address their administrative flaws as they adopt development strategies present
themselves an advantage. Clear organizational arrangements create the roles and
standards that allow large businesses to get things ready (Laudon and Jane 22).
 Thus, when development ideas call for
doing things that are totally new, it is well worth the management’s time to test
existing managerial structures to understand if they are flexible enough to sustain
the new advantages. Moreover, it is vital for a corporation to define, which practices
will come under specific stress when it develops.  To handle and manage them, the workers who encounter
the greatest complexity must have outstanding skills (Laudon and Jane 25). These
will allow people to take the initiative beyond the limits of their careers, to
collaborate and form connections across the business, and to complete lots of chores
in parallel.

 

Work Cited

Laudon,
Kenneth C., and Jane P. Laudon. Management information system.
Pearson Education India, 2016.

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