The Measure Of The Appropriateness Of The Goals Selected By Management For The Organization And The Degree To Which The Organization Accomplishes These Goals Is Known As _____.
Answer Of MCQ | What Is Effectiveness (E), Its Advantages And How To Improve It By A Manager Working In An Organization
Effectiveness Formula:
Effectiveness equation is used to calculate it as shown below:
Effectiveness = Actual Or Achieved Results / Set Results Or Goals X 100
Example: Let’s suppose the company’s top management set target of 100 sales
within a month for sales manager. At the end of the month, he made 90 sales.
What is the Effectiveness in percentage?
Here we are given:
Achieved Goal = 90 sales
Desired Outcome / Set Goal = 100 sales
As we know:
Effectiveness = Achieved Results / Set Results Or Goals X
100
Effectiveness = 90 / 100 X 100 = 90%
High And Low Effectiveness
High effectiveness means that the company achieves their set targets
successfully while Low Effectiveness means that the company fails to achieve its
set goals and far behind it.
Advantages of Effectiveness
1. Improvement in Performance
When the manager achieves the set goals, it increases his work performance
and its team members. It encourages them to quickly meet the targets and get
desired outcome. For example, a sales manager working with his team members get
the targeted sales, boost their morals and encourage them to show better
performance on the next time.
2. Increase In Productivity
When the people working in an organization work effectively, the productivity
will increase. The targeted production level, targeted sales, etc., will achieve
which increases profitability of the business to gain the confidence of
investors to invest in the business due to higher profitability. This will also
helpful for the organization to grow its business.
3. Build Better Customers Relationship
When the customers get response from the Customer Care Representatives or Customer
Service Representatives of the company, their orders are delivered as they
asked, their problems are listened and solved, their suggestions are appreciated,
then it builds a better customer relationship. They feel happy, joy and
satisfaction on such customer service. It is a better customer experience for
them. In this way, the Management can attract more customers to be get connected
with the company.
How To Improve Effectiveness
1. Training & Development
Managers, employees and team members should be trained by organizing
workshops, training sessions to develop a team who performed effectively to
achieve desired results.
2. Learn from Mistakes
Managers should learn from past mistakes to achieve the set goals by making
evaluation, get suggestions and then take corrective actions. For example, a sales
manager identifies the causes of failures of previously failed plans to achieve
100 sales within a month. The target may be not achieved due to some of
inexperience team members. Train these team members and then try to achieve the
set targets of making 100 sales within a month.
3. Use of New Technology System
By using new and updated technology system, the manager can enhance its
working performance to get excellent results. Use of advance tools such Artificial
Intelligence (AI), cloud computing, etc., can improve organization work effective
in achieving organizational results
The options A, B, D and E options of this mcq are incorrect choices here.
Final Thoughts:
A manager should try his best to get desired results but remember the results are in the hands of Allah, so always prayer for the best.
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