CAPSTONE DISCUSSIONS

Capstone Discussions

Capstone Discussions

Unit 7

The impact of the information age on business is notably significant. As globalization continues to influence the usage of information, organizations develop and implement innovative techniques to utilize information. However, organizational processes and procedures tend to vary across SMEs (Small & Medium Organizations) and MNCs (Multi National Corporations). SMEs can implement information management procedures designed to take account of miniscule data. Reporting, recording, evaluation and interpretation of information is significantly faster in SMEs than in the case of MNCs. This is because the MNCs have relatively larger hierarchies. This increases the time needed to transmit information across the organization (Laszlo, Laszlo & Johnsen, 2009). Undoubtedly the widespread perception holds that rapidly developing technology assists in the rapid transmission of information. However, since rights to access, edit and modify information are only accessible for certain personnel, information continues to pass through a carefully drawn up route through the organization.

In addition, it merits notice that the number of departments and functions is significantly higher and more complex in the case of an MNC than it is in an SME (Laszlo, Laszlo & Johnsen, 2009). As a result, an MNC has to invest more in the functioning and maintenance of information management processes than an SME. In this regard, it is fair to state that the type of the business significantly influences the information system that is most appropriate for the organization.

Large global businesses make use of customized information management systems that offer the businesses the information management tools that are essential to manage information that is collected on a global scale. In today's globalization driven corporate world, effective management of such information management system requires the establishment of a dedicated team that is spread out across the locations in which the business functions (Laszlo, Laszlo & Johnsen, 2009). These personnel coordinate with each other and function in cohesion to facilitate the flow of critical information across the organization.

Unit 8 - 1 of 2

I selected the article titled “What Makes High-Performance Teams Excel”, by Lisa J. Daniel and Charles R. Davis (2009). The article came forth in Research Technology Management. This article and the approach adopted by this article appealed to me because I think that this sheds light on some of the most key elements of high performance team development (Daniel & Davis, 2009). The article takes into account the implications of tight task targets and the critically important relevance of adequate leadership in a high performance team.

High performance teams can play a critically vital role in the development of the organization and its human resource. They are the catalyst for positive change in the organization (Daniel & Davis, 2009). It is because of the same reason that recruitment and selection managers tend to give a high degree of regard to individuals who have successfully functioned as part of high performance teams in the past.

Teamwork, in its proper form, can contribute extensively to the creation of synergy in an organization. As a result, modern day organizations try to put ...