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Goals for an Individual {By: admin}

No individual is without a goal. A goal is something that an individual wants to achieve either for himself or for his organization. It is obvious that if there is disagreement between the manager and subordinates, the group goal cannot be the cause. It is the group goal that can make them work in perfect harmony.

An individual is a sensible human being. In an organization, he faces certain realities that he must learn to accept unconditionally. One such reality is that by joining the organization, he places himself in a situation where he surrenders some of his personal rights for the protection of the organizations. As such, it would be wise for him to be more flexible in his relationships with other people in the organization. He makes the most of the opportunity by getting on with his personal plans until he would have no choice but to accept the group goals as his own. Albert k. Wickesberg says that Goals must be established for the organization, its component units, and for its individual members. These goals must must be understood and accepted by the subordinates if maximum performance is to be achieved.

In a democratic organization, group goals are the summation of the individuals’ wishes, interest, and prejudices operating within the group’s resource constraints. However, there are goals set for a group by people other than the group. The group thus becomes a tool of those who set goals for them. This is especially true of autocratic organizations such as the military, the government, big business, etc. In that regard, the individual pursues the group goals in a mood of diversity, creativity, compromise and consensus. He stays firm at his conviction, while setting his personal goals at a realistic level.

Because a manager is basically optimistic about the group goals, he adapts to changing conditions in the organization. Thus, realizing the differences between setting the group goals and attaining them.

This situation has been made more understandable by knowing that the individual and group goals are at the opposite end of the spectrum. Because of this, there are conflicts of interest inherent in trying to attain both of them simultaneously.



Entrepreneur’s Reasonable risk-takers {By: admin}

Entrepreneurs’ enjoy challenges. But they are careful and calculating. So, they shy away from high-risk situations, because these may not be attainable. However, entrepreneurs also avoid low-risk situations, because there are no challenges. A risk situation exists when results are not certain. Either it is success or failure. In business, it is profit or loss.

As a matter of fact, life has many risks. Whether we like it or not, we make decisions the results of which are not certain We are lucky if we make the right decisions. But entrepreneurs are different. They gather complete data about the situation, analyze the data, and make their decisions. Since they are confident in their abilities and optimistic in the results of their decisions, they are not afraid to make difficult decisions. In view of the risk-taking abilities of entrepreneurs, they make things happen rather than let things happen.



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