Wednesday, November 20, 2019
Accountability and KPI in M-Form Organization Essay
Accountability and KPI in M-Form Organization - Essay Example à Accountability means being answerable to the consequences of oneââ¬â¢s actions in the business organization by virtue of the exercise of power given. Personal accountability is preparedness to have responsibility for the consequences of a personââ¬â¢s actions.The leaders and managers of organizations need the same in order to be able to deliver results. They could do the same by first setting a measurable a target to investors that would amount to a promise or commitment. This is where the concept of accountability would have its value at is would mean the leaders and managers can be considered reliable, dependable, or trustworthy in their promises. That what they speak or tell or promise as the organization takes risk its activities would come about. Thus, accountable people are known to have integrity. Investors would, therefore, expect prudence, competence, and wisdom from leaders on how they will deliver on their promise. If they promise a too rosy or optimistic pictur e, they could lose their reliability to investors. They would lose their being honorable. In effect to have accountability is to have honor which must be had in the responsibility, to tell the truth and to have fidelity to their promise. A corporate report that something external and went beyond their control could be acceptable to still to investors and stockholders if such was the truth and these leaders or managers have indeed been faith to their commitments but investors would understand if them if the latter have integrity. Ã
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