SALDIVAR, JHONA RIVA G.
BSA-2B
REFLECTION PAPER
Ethical behaviour can bring significant benefits to a business. As we can see, most of the business environment requires companies not only to pay attention to technical and financial factors in carrying out their business. And as the business world continues to grow, companies must be more open in expressing their social responsibilities. When starting a business, you have to build a right foundation from the start because you will encounter activities that can never be a smooth ride but a complicated web of process. That is why; you must have the intents and purposes. In short, you must have business operations that will be inserted in your business plans.
This chapter shows us how company’s success relies heavily on the efficiency of business operations. It presents the typical business organisation departments and functions which clearly indicate that good and effective management is important to the improvement of a forward moving society. Let’s remember that good management can be a path to success. There’s a lot of factor that will shape the operational function of your business, but still, the efficiency of process is brought by the right people. A successful manager has a vital role in carrying out the company as he will perform four main roles: planning, organizing, leading and controlling. This actively demonstrates that a competent operational team having the right leader can make the difference between what works on paper and what gives great results.
According to McKinsey, organizational health as being unified in purpose, delivering with efficiency, and remaining relevant through innovation. Then, how can we make our entire organization healthier? Through smarter staffing, fair benefits, and a shared mission. As a leader, you have to fashion the team that will enable your business to function the best it can. Just like what is written in the presentation, strategic audit is very important as it will help you to determine whether your company is meeting its organizational objectives in the most efficient way and will provide an insight that improves your business performance.
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