GIVING VOICE TO VALUE

Part I. Description

One of the biggest value conflicts I have ever experienced involves making short-term and long-term monetary goals and objectives. To be specific, the short-term outcomes focus on tackling urgent needs and it may contribute to great challenges particularly while trying to attain long-term financial goals. In this case, the short-term financial goals are meant to increase revenues through renting or outsourcing some functions such as warehousing (Gentile, 2010). However, the above objectives affect the long-term objective regarding the maximization of shareholder wealth since warehousing facility cannot be possessed as an asset by the organization and still act as a perpetual asset (Curşeu et al., 2012). Based on the above information, the firm pursuing the profitability may end up losing an opportunity to sustain profitability in the future. 

The aspect of environmental volatility increasing with time is also a factor that brings about the conflict between the short-term and long-term decision. Indeed, the above factors hinder the capability to assess the risk that diminishes with times, hence, challenging the managerial role of determining the business’ finance operations (Kryazhimskiy, 2013). For example, I become confused while making a decision about financing lucrative short-term objectives at a certain point since it could have brought about long-term challenges during the payment (Keršys, 2010). In consideration with the above information, it occurs that conflict between long-term and short-term values emanates from impulsive nature and value of legislative policies and money among other environmental conditions.

Part 2 Analysis

The Conflicting Values

There are various conflicting values concerning the long-term and short-term objectives. To be specific, the short-term goals are essential since they act as the best ways of addressing the emerging issues and they also contribute to immediate profits. In relation to the above information, the short-term objective helps the management to take advantage of the available opportunities (Curşeu et al., 2012). On the other hand, the long-term goals are also essential since they determine the stability of the organization as well as serving a role of enhancing the organizational future (Kryazhimskiy, 2013). Actually, it is a hard task to prioritize in between the short-term and long-term goals. 

Identification of the Right Thing to do

There are several factors that should be considered while determining whether to pick a long-term or short-term objective. The presented case aim at addressing the immediate need of boosting the organizational performance, hence, proving the need for taking short-term measures (Curşeu et al., 2012). At this point, it is essential to finance the ongoing projects as soon as possible to avoid instances where the company may keep on encountering losses. Otherwise, it is still to ensure that the taken action will not affect the long-term objectives in an adverse manner (Gentile, 2010). In general, this company should lay more emphasis on activities that will be promoting diversification and expansion of the entire company. 

Determination of the Type of Values Conflict

Conversely, the above scenario constitutes different types of values conflict. The first value of conflict concern the implication of taken decision toward the workers. In this case, the notion of funding the company’s operation will enhance the effectiveness and efficiency of various organizational operations (Curşeu et al., 2012). However, the decision of following the long-term objectives will not help in tackling the immediate problems affecting the firm (Keršys, 2010). On the same note, the financing will enable the company to make profits within a short period, but it will still subject the firm to a big burden of reclaiming the used cash in the future. 

Identification of the Thing at Stake

Through assessing the current situation in the organization, it is clear that this company does not have enough resources, hence, being unable to carry out its operations in an effective and efficient manner. Based on the above situation, there is a need for finding the source of the fund in order to avoid collapse or closure of the entire business (Curşeu et al., 2012). For instance, this organization does not have enough money for reimbursing inputs, hence, encountering great challenges while trying to compete against its rivals who have stable operations (Kryazhimskiy, 2013). Owing to the above information, the notion of financing the activities carried out in this company will help in solving the existing emergencies as well as leading to immediate profits. 

Explanation of the Expected Rationalization 

The decision of focusing on short-term objectives rather than putting more emphasis on long-term goals will be accompanied by numerous criticisms. For instance, some individuals will argue that it is important to make an organizational decision in consideration of long-term objectives, hence, refuting the quest for financing the emergencies (Gentile, 2010). Still, other persons will support the notion of taking short-term measures by claiming that the future is unpredictable, thereby, supporting the idea of funding the short-term objectives (Keršys, 2010). However, I need to assess the views from various organizational stakeholders in order to determine whether my action is valid or not. 

Different Personal Views

The members of this company will offer different views concerning the aspect of funding the activities that will enhance the short-term goals. For instance, the laborers will support this idea since they are concerned with the current status of the firm. On the other, the board of directors will resist this idea if they realize that the financing will not influence the long-term goals in a positive manner (Kryazhimskiy, 2013). Still, the management will back this idea since they focus on the short-term objectives of the firm rather than being considerate about the future of the company (Keršys, 2010). However, the financiers can only support this project if it is connected with the long-term stability of the firm. 

Identification of Personal Resources

There are various resources I will offer in this project in order to ascertain the attained funding is put into the right use. For instance, I will enhance supervisory tasks by coming up with advanced technology to enhance the process of monitoring the available fund. Moreover, I will provide effective managerial services to boost transparency and accountability within the organization. Furthermore, I will introduce a group of innovators to aid the organization to take advantage of the available opportunities (Keršys, 2010).  Moreover, I will make sure that this government has the necessary materials and qualified laborers who will ease the process of realizing the short-term goals and objectives. Furthermore, I provide this company with advanced technology, which will facilitate the provision of quality products and services, a thing that will, in turn, offer the company with the capability of dominating its rivals as well as attracting higher returns within the shortest time possible (Gentile, 2010). As a matter of fact, all the above resources will enable this firm to use the provided fund in an effective and efficient manner. 

Procurement of Allies

The organizational allies are among the crucial individuals who enable the company to achieve its short-term goals and objectives within the right time. Some of the associates to be involved in this project are the financiers who will offer the organization with the money needed to carry out various operations (Keršys, 2010). Moreover, advisers are also crucial elements in the firm since they help the management to determine the projects that do are not prone to higher risks, hence, creating an assurance that the instigated activity will attract the expected revenue as well as solving the existing issue. Furthermore, the partners will help in sharing risk, thereby, ascertaining that if the project will not be successful, the company will not experience huge losses (Kryazhimskiy, 2013). In connection with the above statement, the partnership will also help in cutting costs regarding marketing, labor, and manufacturing among other activities. In addition, the laborers are also essential participants in this company since they ensure that all the organizational operations are progressing in an effective and efficient way (Gentile, 2010). Indeed, all the above allies are helpful in aiding this company to attain its long-term goals and objectives. 

Part III. Creative Solution

There are several measures helpful to deplete the conflict emanating from the short-term and long-term values. To illustrate, the disagreement emanating from the above factors can be resolved by ascertaining that the short-term goals and objectives will help to enhance the programs and activities enhancing the future of the company (Keršys, 2010). For instance, it is essential to come up with ideas that solve the organizational emergencies as well as ascertaining the used directives will be applicable in this company during its entire lifespan. Indeed, the aspect of tying the short-term interventions with the future of the company will ensure that all the institutional stakeholders will be ready to support the new move (Kryazhimskiy, 2013). On the same note, it is important to consider sub-goals of the long-term project to solve the short-term problems hindering effectual progress within the organization. In an illustration, the above action will ascertain that though the company has addressed the emergencies, these resolutions are also contributing to long-term growth and development in the entire organization (Gentile, 2010). In addition, the other suitable way of depleting the long-term and short-term values is by ensuring that the intended funding is meant to boost the diversification of the company rather than focusing on increasing revenue and profits. 

Part IV. Conclusion

To conclude, this paper offers a comprehensive understanding of the suitable way of addressing the problem concerning the tradeoff between the short-term and long-term interests in the company’s activities. In consideration with the above information, it occurs that the process of depleting such issue call for smart decision making in order to ascertain that the project receives maximum support from all the stakeholders within a given company. For instance, while tackling the above it is essential to ensure that the short-term objectives align with the long-term goals, a thing that can be done by focusing on expansion and diversification of the company’s operations. Indeed, the firms encountering similar issues should make the short-term decisions that support the growth and development of the entire firm.

References

Curşeu, P. L., Boroş, S., & Oerlemans, L. A. (2012). Task and relationship conflict in short-term and long-term groups: The critical role of emotion regulation. International Journal of Conflict Management, 23(1), 97-107.

Gentile, M. C. (2010). Giving voice to values: Ways of thinking about our values in the workplace. Babson, 1-27. 

Keršys, M. (2010). Business financing models and instruments. Vytautas Magnus University, Kaunas, Lithuania, 1-145. 

Kryazhimskiy, A. (2013). Long-term and short-term targets: Conflict and reconciliation. Innovation and supply chain management, 7(1), 1-5.