philosophy and strategy of total reward

The goal of an organization is also known as its intent, and it explains why the team exists. The term vision, on the other hand, refers to goals. Both the purpose and the vision reflect philosophies, aspirations, and objectives. An organization that tries to run without missions risks being disoriented as a result of its failure to validate its intended intent. As a result, senior managers are in charge of writing the organization's general missions, while junior managers write missions for their units (Abrahams, 6).

Business planning is increasingly becoming more popular within organizations, as are developments in project management (Patanakul, 5). The whole organization needs to learn business strategy to support the company's sustainability. Business strategy will always outline a framework for implementation of the organization's projects. The business strategy defines for building a dedicated project strategy in a company. The framework successfully guides the organization towards achieving the set goals and objectives.

While dealing with the matters of organizational management, careful HR management context is required. Systemic thinking by the human resource is an approach applied to economic and social systems to deal with challenges as sets of mutually related components. Human resource management integration is one element at the source of corporate challenges in the effective management. It is one of the variables that encourage the growth of employees past a specific number.

Without one of the above, let’s say organization’s mission, the organization fails to function correctly. It would lead to wastage of both time and available resources. While taking an example of higher learning institutions, some consider the mission as nothing other than providing quality teaching and learning. However, not every institution aims at providing quality teaching agenda since some organizations aim at equipping their learners with skills, and others aim at international reputation to act as income mainstream.

Works Cited

Abrahams, Jeffrey. The Mission Statement Book: 301 Corporate Mission Statements

From America’s Top Companies. Ten Speed Press, 1999.

Patanakul, P. & Shenhar, A. What Project Strategy Is: The Fundamental Building Block In Strategic Project Management. Project Management Journal, vol. 43, no. 1, 2012, pp. 4-20. doi: http://dx.doi.org/10.1002/pmj.20282