Fabrice T. Banyingela

  A critical evaluation of t he extent to which the creation, sharing, and utilization of knowledge is central to the Resource-Based View of competitive advantage.                   Fabrice Tshiyoyi Banyingela Theories of Management UU-MBA-712-ZM 17 March 2024 1.     Introduction Businesses strive to increase profits and maintain sustainability by gaining market share leadership through innovative and unique attributes over competitors. Dasgupta and Gupta stated that “sustainable development cannot happen without innovation. The challenge before every organization is to develop innovation strategies that not only respond to changes in the environment and societal pressures but also consider the needs and expectations of various stakeholders” (Dasgupta &. Gupta, 2009, p.204). Businesses can achieve this by prioritizing knowledge management and innovation strategies, allowing them to effect...

A critical evaluation of authority, power , delegation, centralization, and decentralization in an organization.                       Fabrice Tshiyoyi Banyingela Theories of Management UU-MBA-712-ZM 10 March 2024 Introduction Organizations need to establish a line of authority to enforce members' behavior and achieve a common goal. Authority is a power bestowed upon individuals, positions, or groups to lead, make decisions, and enforce obligations within an organization. Warren Bennis said that “Authority is the glue that holds organizations together,” ensuring effectiveness in roles and responsibilities. Members of an organization can use formal or informal authority to establish a clear line of communication, facilitate decision-making, and enhance task effectivity. Formal authority refers to the power and control granted through official roles, titles, or positions such as government officials...

    A critical evaluation of the organizational structure, characteristics, elements, charts, and the factors that affect the choice of an organizational structure.               Fabrice Tshiyoyi Banyingela Your student ID number : R2308D16950940 Module Name: Theories of Management Module code: UU-MBA-712-ZM Date: 3 March 2024 Introduction A structured organization is essential for every group of people with the same goal. Stephanie Dalfonzo a renowned expert in The Art of Organizing states that “Organizing is what you do before you do something, so that when you do it, it is not all mixed up.” Therefore, an organizational structure is crucial in assigning the responsibilities, relationships, and authority for each role in the organization. The first organizational structure was created in 1855 by railway superintendent Daniel McCallum and George Holt Henshaw. The term “organizational chart” (also referred to as...