The purpose of the following paper is to discuss a/upon some of the very important aspects of the organizations. The business management is a very complex topic in the current times and it is very hard to manage the issues in the global contexts. In this paper, some journal articles will have to be found regarding some of the very important business issues and the articles should be analyzed properly in the manner of the annotated bibliography. The topics that would be analyzed in this paper are organizational structures or governance, environmental forces, risks confronting the firm, organization and business practices and the functions of the diverse firms. The analysis will have to be made in regards to the CQU University Melbourne. These issues have often been highlighted in the global business contexts. The issues should be highlighted and should be given a proper focus indeed. These factors are really important to make the proper decisions in the organizations. The experts have highlighted these issues as the central ones for the overall success of the firms.
Topic 1
Organizational Structures or Governance
Aguilera, R. V., Judge, W. Q., & Terjesen, S. A. (2018). Corporate governance deviance. Academy of Management Review, 43(1), 87-109. doi/abs/10.5465
The following journal focuses on the issue about the corporate governance in the various business organizations. The matter of the corporate governance is a very important issue indeed. The business organizations in the current times always foucs on this factor very much. The authors of this journal are Ruth V. Aguilera, William Q. Judge and Siri A. Terjesen (Aguilera Judge & Terjesen, 2018). Some of trhe very important factors about the corporate governance have been discussed in this article as well.
In this article the several causes have been discussed as to why the organizations tend to adopt the corporate governance practices for the betterment of the organizations. The organizations should adopt the proper corporate governance structures so the organizational hierarchy can be set in the perfect tone in this situation (Aguilera Judge & Terjesen, 2018). The norms and practices should be set up to in order to make the organization work smoothly. The employees in all the levels should be able to understand their roles and responsibilities properly. This should enable them to communicate swiftly with their higher level managers. The over-conforming or the under-conforming corporate governance practices should be discussed within this spectrum so the organization can be able to gain more profits increases their capacity in this fast paced world. The corporate governance discretion should be achieved in this case as well (Aguilera Judge & Terjesen, 2018).
Topic 2
Josefy, M., Kuban, S., Ireland, R. D., & Hitt, M. A. (2015). All things great and small: Organizational size, boundaries of the firm, and a changing environment. The Academy of Management Annals, 9(1), 715-802. doi/abs/10.1080/19416520.2015.1027086
The topic of this journal article relates to the various environmental forces in the organization. The journal article was published in the Academy of Management in the year 2015. The authors of this article are Matthew Josefy, Scott Kuban, R Duane Ireland and Michael A. Hitt. This article has discussed on the several issues in the organizations and taking decisions according to the situations that occur. The infrastructure of the organization will have to be improved in this course of the organization. This will surely increase the accountability of the organization on the minds of the customers. The elements of the external environment like the political and economic forces should be analyzed. The CQU University should focus on admitting the people from the various countries. This will create a good impression on the minds of the foreign students coming to study in Australia. It will be very important to utilize on the strengths of the firms to get the ultimate success. There are a lot of opportunities for the firms to develop themselves if they focus on integrating the leadership theories and implement them in the most important ways indeed. The CQU University Melbourne will be highly benefitted by analyzing the strategies as per their internal and external forces.
Topic 3
Koh, P. S., Qian, C., & Wang, H. (2014). Firm litigation risk and the insurance value of corporate social performance. Strategic Management Journal, 35(10), 1464-1482. doi/abs/10.1002/smj.2171
The topic of this journal article is the risks that confront the firm. These risks actually originate from the weaknesses of the organizations. The article is written by Ping-Sheng Koh, Cuili Qian and Heli Wang (Koh, Qian & Wang, 2014). The weaknesses of the CQU University Melbourne should be looked as the potential challenges that will stop them from becoming successful in the competitive business environment. There is uncertainty all around for almost all the organizations indeed. The organizations must design the risk assessment matrix to develop the ways in which the risks could be mitigated properly. The impacts of the risks could be controlled. The aspects of the Probability and Impact should be felt in this context as well. The CQU University Melbourne should assess the various risks they are exposed to like the financial problems of the students, the new legislations about the admission of the foreign students and others (Koh, Qian & Wang, 2014). The various risks within the organization will have a definite impact on the performance of the organization. Many situations should be addressed in this context like the breaching of the security, threats to the safety of any physical damage either to any student or the assets of the university. The unfavorable publicity should also be looked after in this course as well. The various cases of fraud should be addressed with much consciousness in terms of this organization (Koh, Qian & Wang, 2014).
Topic 4
Ortiz?de?Mandojana, N., & Bansal, P. (2016). The long?term benefits of organizational resilience through sustainable business practices. Strategic Management Journal, 37(8), 1615-1631. oi/abs/10.1002/smj.2410
The following article discusses on the various issues of the CQU University Melbourne that surrounds the various business practices of the organization (Ortiz?de?Mandojana & Bansal, 2016). The employee engagement procedures are very significant for the better work practices within the organization. The organizational authorities of CQU University want to ensure the fact their employees can be retained properly. The employees should gain the positivity in having the belief that they can deliver the best for the growth of the organization indeed. These kinds of business practices should be encouraged by the university management so they can get better outcomes in this context (Ortiz?de?Mandojana & Bansal, 2016). The employees should always be encouraged to provide the scopes for bringing in the changes. The workplace and process changes should be initiated by the engaged employees indeed. The emotional and behavioral aspects of the employee engagement should be given more focus in this context as well. The higher management of the organization should try out surveys that will bring out the proper percentage of the employees who bear the positive mindset about the leaders of the organization. In this scenario, the mindset of the university students should be tested and observed (Ortiz?de?Mandojana & Bansal, 2016). This would reveal the acceptability and accountability of the leaders indeed. The employees of the university should put in the discretionary efforts that should bring better outcomes for the CQU University as well.
Topic 5
Eesley, C. E., Hsu, D. H., & Roberts, E. B. (2014). The contingent effects of top management teams on venture performance: Aligning founding team composition with innovation strategy and commercialization environment. Strategic Management Journal, 35(12), 1798-1817. doi/abs/10.1002/smj.2183
The following discussion will center round the diversified functions in the business firms or the organizations. The authors of this journal article are Charles E. Eesley, David H. Hsu and Edward B. Roberts (Eesley Hsu & Roberts, 2014). The topic of the journal article is the functions of the diverse range of firms. The most important factors of running a successful business is to focus upon the operations, human resources, finance and marketing. The CQU University also relies on the four pillars indeed. The works of all these factors will have close connection with each other indeed (Eesley Hsu & Roberts, 2014). The communication should be there between the employees of the university and the managers. Only this will embed the proper success of the university through providing the proper education. The CQU University should always provide the proper financial support to all the employees. The suppliers should be paid the sufficient amount with which they were being dealt with. The taxation payments should be adjusted in this case as well (Eesley Hsu & Roberts, 2014). The CQU University should always recruit the best employees within their field. The workplace and health safety issues will be discussed properly in this discourse for the better outcomes for the CQU University. The enterprise agreements should be done by the CQU University as per the legal regulations.
Conclusion
The conclusion to this paper can be drawn in the following way. It has to be mentioned that the organization CQU University Melbourne deals in the education industry. However, there are several issues in the organization that should be done to develop their organizational functions. The organization will have to develop its effectiveness indeed. The corporate structure and governance procedures of the organization will have to be designed properly and the roles and responsibilities of the employees will have to be distributed accordingly as well. Otherwise, these issues can pose some serious challenges. The organization CQU University will like to employ the best workforce for a successful and sustainable future. The employees and managers will have to deliver their best efforts in this course to get the desired success for the organization. It has to be said in this context that the organization must focus to increase their effectiveness. This can be done only when they have been able to identify the potential risks and challenges. They will have to find out the ways to mitigate the challenges. The organizational business practices should be taken care of properly as well. CQU University Melbourne will have to make sure that their employees provide the organization with the sustainable practices.
References
Aguilera, R. V., Judge, W. Q., & Terjesen, S. A. (2018). Corporate governance deviance. Academy of Management Review, 43(1), 87-109. doi/abs/10.5465
Eesley, C. E., Hsu, D. H., & Roberts, E. B. (2014). The contingent effects of top management teams on venture performance: Aligning founding team composition with innovation strategy and commercialization environment. Strategic Management Journal, 35(12), 1798-1817. doi/abs/10.1002/smj.2183
Josefy, M., Kuban, S., Ireland, R. D., & Hitt, M. A. (2015). All things great and small: Organizational size, boundaries of the firm, and a changing environment. The Academy of Management Annals, 9(1), 715-802. doi/abs/10.1080/19416520.2015.1027086
Koh, P. S., Qian, C., & Wang, H. (2014). Firm litigation risk and the insurance value of corporate social performance. Strategic Management Journal, 35(10), 1464-1482. doi/abs/10.1002/smj.2171
Ortiz?de?Mandojana, N., & Bansal, P. (2016). The long?term benefits of organizational resilience through sustainable business practices. Strategic Management Journal, 37(8), 1615-1631. doi/abs/10.1002/smj.2410
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