Question

In: Operations Management

Synergy in management and in relation to teamwork refers to the combined effort of individuals as...

Synergy in management and in relation to teamwork refers to the combined effort of individuals as participants of the team. The condition that exists when the organization's parts interact to produce a joint effect that is greater than the sum of the parts acting alone. Positive or negative synergies can exist. Describe a situation in which synergy at the workplace has resulted in positive or negative results

Solutions

Expert Solution

Since I have as of near time turned into an individual from management with my organization this has turned into a subject that I am extremely intrigued by having a strong learning base. In looking at the three sections, I would need to state that building up the individual would be the strategy I would use in brining synergy to the group. My organization promotes collaboration however the business is in reality motivated by individually. We as a whole work autonomously to develop our bit of the business while filling in as a group to meet the objectives the organization has set for every office to be viewed as profitable. The group won't develop if the people don't develop their business by achieving their own objectives. In the event that I can get the people to develop and accomplish then the general group benefits at last however with our business the individual can turn out to be exceptionally egotistical about the efficiency of the workplace since this is the means by which they profit, for me it's distinctive I profit on the group profitability.


Related Solutions

Discuss the advantages of teamwork and shared risk management responsibility in achieving risk management objectives. How...
Discuss the advantages of teamwork and shared risk management responsibility in achieving risk management objectives. How would a risk manager build a cohesive team that promotes a culture of patient safety through effective risk management in the health organization?
Consider a group of individuals A, B and C and the relation as wealthy as as...
Consider a group of individuals A, B and C and the relation as wealthy as as in A is as wealthy as B. Does this relation satisfy the completeness and transitivity properties? If the relation of the same group of individuals as above was strictly wealthier than, would this relation be transitive?
Suppose that a group of 300 individuals are seeking health insurance and have combined expected medical...
Suppose that a group of 300 individuals are seeking health insurance and have combined expected medical expenditures of $1,200,000 for the upcoming year. What would the actuarially priced premium be for each member of the group? If the insurance company places a 15% loading fee on each policy, how much would they charge for each policy.
A researcher took a random sample of 64 individuals across the country to investigate the relation...
A researcher took a random sample of 64 individuals across the country to investigate the relation between hours worked per week and income earned per year. each individual, the hours worked per week and yearly income (measured in ‘000’s dollars) were recorded. The data are stored in HOURSWORKED64 worksheet. In addition to the variables of hours worked and income earned, the individuals were also asked to respond to survey questions concerning other variables (e.g. location, age, etc). categorised the data...
2. How should management respond to unusable ideas in an effort to foster creativity in the...
2. How should management respond to unusable ideas in an effort to foster creativity in the workplace?
The term “Levels of Management’ refers to a line of demarcation between various managerial positions in...
The term “Levels of Management’ refers to a line of demarcation between various managerial positions in an organization. The number of levels in management increases when the size of the business and workforce increases and vice versa. The level of management determines a chain of command, the amount of authority and status enjoyed by any managerial position. Discuss the three (3) broad categories of management level and the implication for organizational success.                                                                                                                                                                                          The term...
Describe the stages of disaster management. Describe the role and responsibilities of nurses in relation to...
Describe the stages of disaster management. Describe the role and responsibilities of nurses in relation to disasters. Discuss the purpose of home health services. Differentiate between the purpose of a public health nursing visit, a home health nursing visit, and a hospice nursing visit.
You are advising the management at company ABC regarding their pricing decisions in relation to a...
You are advising the management at company ABC regarding their pricing decisions in relation to a new product. Existing information is as follows: Direct materials $11 per unit; direct labor $3 per unit; variable manufacturing overhead $4 per unit; variable selling and administrative expenses $3 per unit; fixed manufacturing overhead expenses $60,000; and fixed selling and administrative expenses $80,000. There is an expectation that company will sell 30,000 units. Determine the unit product cost if the company uses an absorption...
You are advising the management at the company ABC regarding their pricing decisions in relation to...
You are advising the management at the company ABC regarding their pricing decisions in relation to a new product. Existing information is as follows: Direct materials $5 per unit; direct labor $3 per unit; variable manufacturing overhead $4 per unit; variable selling and administrative expenses $3 per unit; fixed manufacturing overhead expenses $60,000; and fixed selling and administrative expenses $70,000. There is an expectation that the company will sell 20,000 units. Determine the unit product cost if the company uses...
please explain this abstract thinking for me in relation to finance or financial management... and the...
please explain this abstract thinking for me in relation to finance or financial management... and the topic it relate to. '' BORROWING SEED FROM NEIGHBOR WITH UNDERSTANDING THAT THE AMOUNT OF SEED PLUS LITTLE EXTRA TO BE RETURNED AT END OF THE GROWING SEASOn
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT