Organization Theory Assignment Submitted by Jorden Simick (2012B03)

Q1 ) Attending OT lectures is a waste of time as the subject matter has NO practical relevance to the Management of Organizations. Justify this Statement - (208 words) Ans: We've seen many popular approaches to management (Management by objectives, T groups, Theory Y, Theory Z, diversification, participative management) come and go with great regularity. According to Staw and Epstein's study of large industrialized companies in the United States, no significant improvement in organizational performance were observed resulting from an association with some popular management techniques. Scientific Management theory claims that if this approach is adopted, productivity improvement can be achieved. Taylor assumed that workers (in this case, students) are motivated only by financial gains (in this case, marks). However, in reality, not all students are motivated by scoring high marks, but also by social needs and personal egos. During our summer internship most of the students were told, Dont apply your Text book knowledge here. Now focusing on this statement, there must be a reason behind it. n numbers of theory can be formulated on this but again this will just be a theory with some random assumptions. So, my point is a theory on organization management has its own credibility but it also carries a baggage of narrow application. Also there is no empirical evidence that application of these theories leads to improvement in organizations performance so learning of these theories is a waste of time.

Q2 ) The goal of a Full Time B School Student is to produce Industry Ready Business Managers & Leaders. (as professed by their vision / mission statements) However, B Schools in India are far from attaining this goal as hardly 20% of the B school students are found employable by studies such as Meritrac's. One prominent cause mentioned by Meritrac in its report is Institutional Isomorphism. You are the Director of SCMHRD, a prominent B School. What Steps would you take to ensure that 100% of the students are Industry Ready? Ans:

Root Cause Analysis (52 words) - Reports suggest, recruitment by many firms from the campus has gone down by 40% in 2012. One of the reasons says, lack of practical knowledge is hampering growth of MBA graduates. Employers seek out for professional who can deal with deadlines, pressures and unexpected obstacle rather than someone who quotes theoretical knowledge. Key Steps to be taken (48 words) Updated Curriculum in tune with Industry requirements (Case studies focused). Application oriented projects and Industry Interactivity Integrated (Monthly visit to organizations like that of TISS) Proper career counseling, mentoring as a part of Course Curriculum. Update and re-train faculty in emerging global business perspectives.

Why it will work (50 words) Better understanding of the socio-economic, political, technological and ecological environment and their impact on modern businesses. Will acquire working knowledge, skills and hands on experience in the functional areas of management Counseling and mentoring will keep the students on the right learning track making it more effective.