MANAGING Essay Example | Topics and Well Written Essays - 2750 words

MANAGING - Essay ExampleThe human resource forethought as a research field describes and deals with the organizational human capital. Wherever, humans atomic number 18 involved, there give be power politics present as well. In this way, the philosophy of postmodernism defines organizations as a apparatus that is a social entity, and it remains subjected to political forces as well (Jordan & Troth, 2004).The sub-concept of power roles emerged because organizations are power theatres, and therefore, somebody has to house the power. The operational power of getting things done resides with the middle managers, and the top ones have to operate through them in order to keep moving the organization forwards in strategic terms. The humans have a propensity to watch their self-interest as well. The managers create problems by choosing strategies that cause them to face least step of pain and struggle. They do not necessarily safeguard and look after the interests of the shareholders tha t is the prime purpose of their initiation (Solansky, 2008).The literature of management calls the abovementioned phenomenon as the agency problem. The agency problem manifests itself when agents do not serve the objectives of their principles. The managers are agents of the shareholders of a specific company, but the former group has to assist the latter one in the treat of attaining the goals. The corporate world operates in order to provide dividends to the investors, and the organisations also provide capital gains to the shareholders by increase the market demand of their shares. The agency problems originates when managers have a belief that they can get away with committing cunning with the investors. The employees develop the tendency to skip and avoid their responsibilities because they might be experiencing psychological contract breach. They attempt to residue out their professional efforts with their current