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Organizational development is a well-planned strategy to achieve overall organizational efficiency. An effective strategy for organizational development aligns the three Ps -people, planning and processes and by doing so, attains a high degree of effectiveness.
Almost all organizations have a continuous process of improvement so that they are able to meet the day-to-day challenges in carrying out their businesses. Competition from competitors, unexpected market upheavals and organizational growth have to be kept in mind while chalking out an effective strategy. People analytics form a core component of organizational development, or just OD in short. Any effort towards total organizational development has to be supported both by the organizations top leaders as well as its employees, otherwise it may not be a very successful effort.
Cummins and Worley, in 2005 described OD as
the application of behavioural sciences to the planned development, improvement and reinforcement of strategies, structures and processes that lead to organizational effectiveness.OD is all about making your workplace a better place for all stakeholders - and by that, we mean, employees, the leadership, the customers and everyone else related to your business. An organization cannot survive for long if any of the stakeholders are not properly taken care of. An organizations stakeholders are like the spokes of a wheel.
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Any organization needs a strong and vibrant strategy for organizational development without which it can seldom survive. One of the strong points of OD is that it leverages behaviourial sciences to formulate winning strategies. In fact, this is so important that even CEOs and practicing physicians learn organizational development so that they can be more successful and, at the same time, make others successful as well. With a degree in organizational development, you can work independently a a consultant or even in the human resources department in any corporate entity. You can get a Bachelors degree or MS in organizational development, if you think this is your line of interest. Organizational development is also important because of the need to constantly keep up with the changing business environment, technological advances, business competition while at the same time, meet the expectations of your employees and keep them satisfied and help them to achieve that crucial work-life balance. Organizations have to constantly think on their feet and adapt more effective and innovative ideas for growth and efficiency. They must be more focused on their customers as well as their employees. Organizations must continuously attract new and skilled talent if they are to survive in the intense competition. Organizational hierarchy and style of management should be more accommodating. A well-planned OD will help an organization not only to survive, but it will actually help it to thrive and grow.
From our discussions above, the objectives of organizational development can be clearly summarized to the following points:
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Organizations with a strong strategy for organizational development are usually strong, vibrant and most sought after by prospective employees, customers as well as business partners. These organizations usually survive even during times of great competition or market upheavals. Employees are satisfied because of flexible organizational structure and cooperative leadership. Needless to say, if an organization takes care of the people who help to make it successful - like its employees and customers, it is on a sure path to success.
Other related topics may include Online assignment help, Business development assignment help, Economics assignment help, Statistics assignment help etc.
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