Organizational Theories to Enhance the Performance of Individuals and Essay - 1

Organizational Theories to Enhance the Performance of Individuals and Groups - Essay Example From the classical theories, performance could be realized after the division of labor, to develop specialization and departments of different tasks to be carried out by different groups of people. This enhances quality output according to the expected standards. Motivation through monetary means and management functions in enhancing performance are also elaborated. The modern organizational theories put across ways of changing the organizational structure and developing the human potential as effective ways to spur performance. Performance is one critical area that managers should be sensitive towards, so as to benefit the organization. It is a domain that challenges managerial functions and its success or failure extends to be felt in other linked sections of the organization. Hence, the management has to come up with logical and focused initiatives to enhance performance and overcome the challenges in implementation and performance management. Organisations have their authority, c ulture, information and the acquired knowledge, as well as the motivational coordinated mechanisms to achieve their objectives. Often, the organization structure could vary from one another with some working with the formal line of management, while others are less formal; as a result, they differ in hierarchical structures and strictness in compliance to objectives. However, with the current trends of globalization, managers have to be keen and tactical to address the organizations problems in performance and decision making. This is because the markets, productions, sales and distribution in dealing with goods and services have become very competitive. Due to these factors, management has been categorized in different levels to lead in specific sections, such that the coordinated efforts of different managers.

Stock Market efficiency (Marks and Spencer) Essay

Stock Market efficiency (Marks and Spencer) - Essay Example Proponents of the efficient market hypothesis suggest that the market has a large number of players out to maximize profits. Each of these players logically analyzes the market information available so as to make an informed investment decision. This ensures that the market quickly and fairly represents all the available market in the prices of securities. There are three types of market efficiency; allocation efficiency, operation efficiency and pricing efficiency (Kraakman, 2003, p.11). Operational efficiency refers to the transactional costs involved in the selling and buying of securities. The operation of the London stock exchange is streamlined and well aligned to ensure operational efficiency. Allocation efficiency follows the premise that there are limited financial resources and therefore the existing resources are invested in the most productive way (Cassedy, 2004, p.6). This suggests that the investors are rational and that available capital is directed to the most profitable stock. Pricing efficiency is based on the premise that the stock fairly and instantly reflects information available in the stock market. Most of the theories developed in the area of market efficiency revolve around pricing efficiency. Pricing efficiency suggests that a security’s price reflects all the available information. Market efficiency can be said to exist in three distinct levels. These are Weak-form efficiency, Semi-strong efficiency and Strong-form efficiency (Banks, 2011, p.3).   The weak-form efficiency suggests a market that reflects all the past market information. The past information is fully and instantly reflected in the price of securities. This view therefore suggests that the past market information cannot be used to predict future prices of securities. This is because listed financial securities already reflect all past market data. Semi strong