Organizational Development helps in improving the productivity and efficiency of the company through the creation of a nurturing environment inside the business organization. Business Executives find it easy to improve specific operations through organizational development. The general elements of organizational development include training programs, incentives based on performance, team-building programs, and improvement in communication among employees. There are both advantages and disadvantages of organizational development programs.
Advantages of Organizational Development
Organizational Development programs help in improving the social skills among workers. Building an efficient team and training them to contribute productively is an essential part of organizational development. Organizational Development helps in increasing morale among employees and helps in building better teams. Business Executives find organizational development helpful in providing insight to employees and making clear to them about what is being expected in each situation.
Benefits of Organizational Development
Organizational development helps in understanding how employees adapt to each situation. At the time of making changes inside the team and in the workplace, the benefits of organizational development programs help keep employees well-equipped to adapt to the situations. A vast network of contacts can be established through organization development programs, which helps in times of change.
Limitations of Organizational Development
Organizational Development programs assign responsibility among employees and keep communication open so that the need of the organization is conveyed easily. However, there can be limitations such as resistance to change, financial costs, and the time commitment required for effective implementation. Business executives handling change find it easy to implement OD after addressing these challenges, as many previous issues are sorted out during organizational development programs.
For executives looking to deepen their strategic leadership skills, a program such as the Executive MBA in Global Business Management at Westford University College offers valuable insights into managing global business challenges and complementing organizational development for both personal and organizational growth.
