Research Paper on:
Organizational Performance Enhancements

Unformatted Sample Text from the Research Paper:
to exist but some theorists believe that inertia can provide some organizations with some short-term competitive advantage but at the same time, organizations must advance and improve in order to  gain a greater market share (Druckman, Singer and Cott, 1997). Organizations must also be compatible with the environment if they are to survive (Druckman, Singer and Cott, 1997). Furthermore, organizations  must be able to adapt quickly in todays complex environment (Druckman, Singer and Cott, 1997). Matheson and Matheson (2001) asserted organizations that applied nine principles of the smart organization performed  better. Application of these principles result in a high IQ corporation and "the high-IQ organization has almost five times the chance of being a top performer than its low-IQ counterpart"  (Matheson and Matheson, 2001, p. 49). The nine principles are grouped into three crucial functions (Matheson and Matheson, 2001), which are described briefly here: 1. Achieve Purpose: Any organization  needs to know where they want to go; this is the vision and the goal for the organization and everyone in the organization needs to know what the vision and  goals are (Matheson and Matheson, 2001, p. 49). Lacking this, the company has no idea whether or not it is successful. This principle inherently includes value creation, developing alternatives, and  continual learning (Matheson and Matheson, 2001, p. 49). 2. Understand the Environment. No one can predict the future with absolute accuracy, therefore, organizations must be able to deal  with the uncertainties that exist and work to manage risk effectively (Matheson and Matheson, 2001, p. 49). The organization needs to use systems thinking to understand what the long-term effect  is of any decision made (Matheson and Matheson, 2001, p. 49). 3. Mobilize Resources. Strategic planning and strategic management are needed in order to utilize resources in the most