A global organizational theory for the 21st century Assignment

A global organizational theory for the 21st century - Assignment Example Organizational theory, in the present era has become imperative for effective functioning of the organization in global environment. Organizational theory provides modern treatment to the managers to perform better task in the organization for attaining specific objectives of the organization and deliver goods or services to consumers in such a way that there is maximization of profit at the end of the transaction.This paper tries to cover the brief description of global organizational theory in the 21st century embracing all the modern management theories. The rest of the project includes all the recent issues related to ethics, politics, cross cultural communication and parochialism and ethnocentricism. Lastly it emphasizes on the results of implementing new things in the organization for global relations and terconnectedness.Organizational Behavior can be defined as the study of what people think, feel and do in and around the organizations. It is the activities of the people who are working together in an organization to reach common goals or objectives. Organization consists of people with attitudes, cultures, beliefs, norms and principles. The Organizational Behavior facilitates the procedure of explaining, understanding, predicting, and maintaining and altering employees’ behavior in organizational surroundings.Leadership in the 21st century brings changes in conceptualize thinking, personal practice, organizational application. Leadership qualities develop in the individuals who have the capacity to influence, motivate and inspire others. 21st century leadership is holistic in nature and is related to mind, heart, spirit and energy of the individuals. Leadership development shifts from the individual to the group of people. In the present scenario, leaders always try to keep them update and overcome the weakness by understanding them (Sandmann & Vandenberg, 1995). Global Organizational Theory An organization is a designed social structure where g roups of individuals work collectively to meet certain common objectives. Organizational theories are the backbone of the field of organizational studies. This has the purpose for analyzing the resources of the organization particularly human resources for understanding the structures, the functions and the properties for increasing the productivity and gratification. It is the study of organizations to solve problems, meet the needs of stakeholders and maximize the efficiency and output.   Classical theory put forward that there is a single way to generate and run an organization. But current theory set diverse approach of the organization based on its size, technical requirements, situation, environment and nature of industry. Since the organizational theories are interdisciplinary in their approach, diverse fields such as sociology, anthropology, economics, psychology and political science are described in this theory. Organizational studies apply facts and modeling with other social science for proper functioning of the organization (ISCID, 2005). Management Theory The modern management theory was evolved in the nineteenth century and in the twentieth century revolution, the management theory changed from traditional theory to the Japanese management approach. Through these theories managers of the organizat