Organizational Design and Innovations

Introduction

This paper contains a reflective report on organizational development in a contemporary context. Current trends include digitalization, remote work, corporate social responsibility, and cyber security. For reflection, the Gibbs model was used to systematize subjective experience and its possible implementation in practice in one’s professional activity. Its advantage over other models lies in a more detailed description of reflection due to the more significant number of questions in the cycle.

Question 1

Description

The lecture on organizational design is notable for its brevity. It contains only a few slides; the text accompaniment is mainly quoted. Although the phenomenon of organizational development sounds broad enough, the workshop focuses on the humanistic function. The applied value is revealed in more detail in the next seminar, where the topic of innovation is related to the banking field.

Feelings

The short presentation on organizational design has more philosophical overtones for reasoning about a theory that seems to be still at the level of ideas. Creating a company development vector in a humanistic way has only a few aspects for discussion, including moving away from a resourceful understanding of a person to a value perception of the self as an optimization tool. Due to its understatement, the workshop prompts many thoughts, which are already confirmed in a more applied sense in the second lecture.

Evaluation

The first presentation is suitable only as training for brainstorming, a broad, perhaps scientific discussion, or a direction for one’s research. Otherwise, for the practical application or implementation of any ideas, it is necessary to use the second lecture, where specific methods of the humanistic approach are already revealed to a greater extent. Organizational development is already being delivered through patterns of change driven by current trends in cybersecurity, CSR, financial inclusion, and remote work. Although even the second presentation lacks practical examples, it provides a substantial evidence base in the form of references.

Analysis

My contribution may be to develop a remote work policy or to find partners and events to build the reputation of my own company through CSR. The latter phenomenon includes social and environmental responsibilities that contribute to the sustainable development of organizations (LatapĂ­ Agudelo, JĂłhannsdĂłttir and DavĂ­dsdĂłttir, 2019, Li, Liao, and Albitar, 2020). Group contributions are already broader and more beneficial to the company: consideration of remote work can increase employee satisfaction, and financial inclusion and cybersecurity will increase the attractiveness of vacancies (Ferreira et al., 2021, Gibaldi and McCreedy, 2021, Toscano and ZappalĂ , 2020). In turn, increased satisfaction always leads to improved productivity and engagement, as evidenced by multiple studies (Johnson, Zimmermann, and Bird, 2019, Turner, 2019, Voordt and Jensen, 2021). Adapting these trends will improve the company’s performance and retain key personnel.

Conclusion

In addition, the rapid dissemination of information has made financial inclusion part of CSR and cybersecurity necessary, as banks often store sensitive user data. Technological developments require significant funding, especially in banking (Del Gaudio et al., 2021, Sharif Abu Karsh, 2020). Therefore, as I look back at the innovation policy presented in these lectures, I will constantly keep current trends in mind to update my organization’s targeted activities. Reforms cannot be implemented overnight, but it is possible to move into the first phase of change by recognizing potential problems or needs.

Action Plan

The next I encounter workshops like this, I will relate innovation to current trends in global business. The humanistic side of organizational design should be manifested through such decisions in security and company inclusiveness. Therefore, I will be ready to ask the speakers of such lectures what solutions in modern society can be helpful for business in terms of development and social responsibility. Otherwise, these activities can contribute to maintaining and updating knowledge of such trends.

Question 2

Description

The theoretical ideas presented in the first presentation were explored with the help of specific quotations that were more philosophical than applied. However, the author took a few opinions, which he arranged for developing thoughts and further discussions. The second lecture allows immersing in this issue more detail and clearly through specific activities and areas that the company uses to achieve these goals.

Feelings

On the other hand, the description of the humanistic function of the question is very likely impossible without philosophy. This practice is exciting for me, but I am interested in more specific terms as an employee. To do this, I would instead turn to the second workshop, which provides an opportunity for further study of issues and an initial basis that has immediately applied value.

Evaluation

Specific examples of cybersecurity and financial inclusiveness have their flavor and specifics of the company and country. Here external local factors influence in addition to global tendencies. The description of 4I change models or triple-loop learning in the second workshop allows them to be immediately “tried on” to the phenomena of remote work or activities within the CSR. Finally, the specifics of banking are described through these aspects, which become the basis for the systematization of innovative activity, distinguishing practical knowledge from textbook theory. Accordingly, the four main advantages of these presentations are as follows: the relevance of the humanistic aspects of organizational development, the focus on the specifics of banking, the flexibility in models of change and innovation, and the formation of an organization’s culture through such activities.

Analysis

These workshops are helpful due to the specifics of banking that are relevant to me, which already demonstrate the pitfalls and modern solutions in this area. This factor contributes to the formation of ideas that support the company’s reputation through responsible actions aimed at sustainability; and building the foundation for competitiveness through a humanistic approach and resulting efficiency (Hadj, 2020, Li et al., 2020, Pirson et al., 2019). Therefore, these materials can contribute directly to the development of my organization along the intended path indicated by these aspects.

Conclusion

As a banker, I will more often evaluate any decision’s moral and social side, especially in terms of potential security risks. Information held under the control of our banking organization is susceptible and can provide ample opportunity for fraudsters to operate (Jadhav, Hanchate, and Waghmare, 2019). Consequently, CSR is manifested even in the direct functional responsibility of the bank, which already creates a particular value base. As a result, I will pass all my further experience through modern global trends, which can make it possible to update and optimize operational activities.

Action Plan

This presentation forced me to delve deeper into the CSR practices used in banking to evaluate the possibilities of their implementation in my organization. In addition, the theoretical aspects of cybersecurity, even at a superficial level of knowledge, can help me, as an employee, avoid mistakes and protect clients from them. Therefore, the next time I deal with such workshops, I will refer to these two aspects as the most relevant and essential in the context of my experience.

Conclusion

Despite the brevity of the first presentation, in the overall picture, these workshops leave a good impression on the banking staff. The identified specificity, underlined by modern trends in remote work, cybersecurity, and others listed above, allows me immediately start to process potential ideas for my organization. Their implementation will require complex individual and group work and coordination with management to determine the organization’s vector of development as a whole and seek funding for changes.

Reference List

Del Gaudio, B. L., et al. (2021) ‘How do mobile, internet and ICT diffusion affect the banking industry? An empirical analysis’, European Management Journal, 39(3), pp. 327-332. Web.

Ferreira, R., et al. (2021) ‘Decision factors for remote work adoption: advantages, disadvantages, driving forces and challenges’, Journal of Open Innovation: Technology, Market, and Complexity, 7(1), p. 70. Web.

Gibaldi, C. and McCreedy, R. T. W. (2021) ‘The observed effects of mass virtual adoption on job performance, work satisfaction, and collaboration’, Kumar, P., Agrawal, A. and Budhwar, P. (Ed.) Work from home: multi-level perspectives on the new normal, Bingley: Emerald Publishing Limited, pp. 3-20. Web.

Hadj, T. B. (2020) ‘Effects of corporate social responsibility towards stakeholders and environmental management on responsible innovation and competitiveness’, Journal of Cleaner Production, 250, p. 119490. Web.

Jadhav, A., Hanchate, V., and Waghmare, P. M. (2019) ‘Study on awareness of credit card frauds’, IBMRD’s Journal of Management & Research, 8(2), pp. 8-20. Web.

Johnson, B., Zimmermann, T., and Bird, C. (2019) ‘The effect of work environments on productivity and satisfaction of software engineers’, IEEE Transactions on Software Engineering, 47(4), pp. 736-757. Web.

Latapí Agudelo, M. A., Jóhannsdóttir, L., and Davídsdóttir, B. (2019) ‘A literature review of the history and evolution of corporate social responsibility’, International Journal of Corporate Social Responsibility, 4(1), pp. 1-23. Web.

Li, J., et al. (2020) ‘Exploring the relationship between corporate social responsibility and firm competitiveness’, Economic Research, 33(1), pp. 1621-1646. Web.

Li, Z., Liao, G., and Albitar, K. (2020) ‘Does corporate environmental responsibility engagement affect firm value? The mediating role of corporate innovation’, Business Strategy and the Environment, 29(3), pp. 1045-1055. Web.

Pirson, M., et al. (2019) ‘Dignity and the process of social innovation: Lessons from social entrepreneurship and transformative services for humanistic management’, Humanistic Management Journal, 4(2), pp. 125-153. Web.

Sharif Abu Karsh, Y. A. (2020) ‘The new era of financial technology in banking industry’, Journal of Southwest Jiaotong University, 55(4). Web.

Toscano, F., and Zappalà, S. (2020) ‘Social isolation and stress as predictors of productivity perception and remote work satisfaction during the COVID-19 pandemic: The role of concern about the virus in a moderated double mediation’, Sustainability, 12(23), p. 9804. Web.

Turner, P. (2019) Employee engagement in contemporary organizations: Maintaining high productivity and sustained competitiveness. London, UK: Springer Nature.

Voordt, T.v.d. and Jensen, P.A. (2021) ‘The impact of healthy workplaces on employee satisfaction, productivity and costs’, Journal of Corporate Real Estate, 3(2). Web.

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BusinessEssay. 2023. "Organizational Design and Innovations." December 1, 2023. https://business-essay.com/organizational-design-and-innovations/.

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