Application of the Fundamental Principles of Management for a Successful Company
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IntroductionofASuccessfulCompanySAS.F5-2.docxIntroduction of A Successful Company 1
Introduction of A Successful Company (SAS)
OL-215-T2516 Principles of Management 20EW2
Antonio McClan
11/15/20
Introduction of A Successful Company (SAS)
SAS is one of the most popular software development firms which was developed in 1976, it is mainly utilized by many other organizations for decision making by analyzing corporate data or information. SAS management has established an effective way of organizing and leading employees on the path of innovation, that is the main reason behind their success (SAS, 2020).
As SAS states that their employees play important role in their success. The human resource department of SAS is responsible for communicating the vision and mission of the company to the employees. They arrange training and development programs for the employees on regular basis to provide them knowledge about the company's road map that includes the vision and core values (SAS, 2020). According to SAS, they mostly hire fresh talent and train them professionally according to the mission vision and basic requirements of the firm.
SAS management has developed a positive relationship with the employees to develop an effective environment within the firm. After implementing the strategic management plan SAS management arranges formal appraisal and performance planning sessions with the employees to discuss the pros and cons of the strategic plan at least three times a year. It helps them in analyzing the feedback of all employees, and to revise the strategic planning accordingly. SAS has developed a system of management by objectives for their management in which they organize short-term and long-term goals, with these goals they execute their strategies management plans successfully.
Organizational culture
SAS is known for its strong cultural organization. SAS management has developed an effective relationship with the staff by implementing a positive environment. The management has developed an organizational culture of cooperation, teamwork, and mutual respect. For example, the management of SAS has developed several policies and regulations to implement a culture of mutual respect between the employees by not tolerating any kind of discrimination (SAS, 2020). Moreover, they have organized rewards and compensation for the employees who worked effectively during teamwork to establish a culture of cooperation and teamwork.
SAS management follows the strategic or operational decision-making process. With the help of corporate or strategic decision-making, SAS has developed an ethical foundation for their customers, business partners, communities, and their employees to follow. They have developed an ethics and compliance group for analyzing any ethical misconduct reported by the customers, business partners, or staff, this compliance is the result of the above ethical decision making (R. F. 2020).
The management of SAS lays a huge amount of effort into the principles of ethics, for which they have developed laws and policies. Unethical, illegal, undisciplined actions or violation of these codes by any staff member leads the individual to the termination. These values show that the SAS management is very concerned about the principles of ethics within the organization.
Human resources functions and policies plays important role in the success of SAS. They are responsible for developing and organizing the vision of the firm and develop programs that support innovation (R. F. 2020). The Importance and main role of SAS Human resource management are to hire individuals who not only fulfill the requirements but are also innovative. They recruit and select fresh talent and train them according to the organizational culture.
References
Business, R. F. (2020). SAS Institute Inc. - Company Profile, Information, Business Description, History, Background Information on SAS Institute Inc. Retrieved from https://www.referenceforbusiness.com/history2/1/SAS-Institute-Inc.html
SAS. (2020). About SAS. Retrieved from https://www.sas.com/en_us/company-information/profile.html
