3. Use the information below to make a presentation about different phases of organisational growth Life cycle of an organisation

Organizations go through different phases of growth. The first challenge for executives who wish to grow their organizations is to understand what phase of the organizational life cycle one is in. Experts divide the organizational life cycle into five phases. Each of these phases present different management and leadership challenges that one must deal with. First, the entrepreneurs are thinking about the business, writing a business plan, looking for outside funds. It is start-up or birth. Then, they declare themselves open for business and begin to grow and develop. In the growth phase, one expects to see sales grow each year, revenues climb, new services and products developed, more employees hired and so on. The reality, however, is much different since a company can have both good and bad years depending on market conditions. And many organizations will not grow either unless there is in place a rigorous program of transformational leadership development.

In organizations that have been around for a few years, a very interesting thing happens—dry rot sets in. That's why many companies have different types of programs relating to organizational development in place. The growth phase is sometimes divided into an early growth phase (fast growth) and maturity phase (slow growth or no growth). However, maturity often leads to decline. If one can detect the symptoms of decline early, one can more easily deal with it. Some of the more obvious signs being: declining sales, relative to competitors; disappearing profit margins; and debt loads, which continue to grow year after year. However, by the time the accountants figure out that the organization is in trouble, it's often too late. Decline doesn't have to continue, however. When in decline, an organization will either undergo renewal or death and bankruptcy. External experts have focused on the importance of organizational development as a way of preventing decline or reducing its affects. One way to reverse dry rot is through the use of training as a way of injecting new knowledge and skills. One can also put in place a rigorous program to change and transform the organization's culture. This assumes, though, that one has enough transformational leaders to challenge the status quo. Without the right type of leadership, the organization will likely spiral down to bankruptcy.

As many as 80% of business failures occur due to factors within the executive's control. Even firms close to bankruptcy can overcome tremendous adversity to nurse themselves back to financial health. In some cases, failure means being acquired and merged into a larger organization. In other cases, it occurs when an organization elects or is forced into bankruptcy. This does not signify the organization ceases to exist since it can limp along for many years by going in and out of bankruptcy court.

a

2. Find in texts above words or phrases with the following meanings. „

1. to not have something that you need, or not have enough of it... _r*

КУРС ДІЛОВОЇ АНГЛІЙСЬКОЇ МОВИ для магістрів 1

2. Find in texts above words or phrases with the following meanings. „ 10

3. Decide in which phase of the organisational life cycle the following happens: 11

4. Read Aesop’s Fable and comment on its moral: A Soldier and His Horse 12

5. Read this extract from Nestle Management report and note how the information is organised. Underline the key words. 14

6. Write or search for a short management report about a Ukrainian well-known company. 14

7. Read the newspaper article about the different ways in which companies are organised and do the tasks that follow: Efficient management structures are vital for success 14

D. Match these collocations as they occur in the text and then complete each sentence below. 16

E Match the terms in the box with their definitions below. 16

8. Complete the second sentence so that it means more or less the same as the first: 19

19. Use ‘find’ with ‘it’ and a variety of adjectives from this list to ^ : express your feelings on each of the matters mentioned below. _; 23

Complex Object with the Infinitive and Participle /, r 25

Complex Subject with the Infinitive and Participle r 25

20. Translate into Ukrainian paying attention to the infinitives. 25

21. Rephrase the following sentences using Complex Object: 25

22. Rephrase the following sentences into sentences with Complex Subject. 26

23. Check whether you know the definition of the following key terms from Unit 1. Use them in the sentences of your own. 29

Questions for discussion: 35

BUSINESS COMMUNICATION SKILLS Questioning styles 35

Closed questions 35

a) Using the information in the text above make questions for these answers. 39

9. Read the text about the factors that play a major role in determining the structure of tomorrow's companies and answer the questions that follow. A matter of choice 39

Questions: 40

10. Match the key terms and their definitions: 40

11. Complete the sentences with the correct options: 41

,s 42

Signposting 43

13. Choose one of the ‘signpost’ expressions from the box above for the following situations: 43

Outline talk 46

Present main part divided into points 46

Introduce your first point 46

Giving a presentation 16. Read the following tips and till in the gaps with an appropriate word or phrase from the box: 51

17. Find in the recommendations above the words that mean: 51

22. Decide whether you agree or disagree with the following statements. Make comments. 54

23. Pair work. The questioner asks about a company using the prompts below. The presenter answers the questions using appropriate comments. 54

Verbs instead of noun phrases 25. Rewrite these sentences changing the noun phrases to verbs where possible. Make any other necessary changes. 59

The words in italic below are unnecessary. Eliminate them from your writing. 59

28. Read the suggested answer and compare it with yours: 61

VOCABULARY DEVELOPMENT 1. a) What are the noun forms for these adjectives? Complete it without a dictionary, then check your answers in the dictionary. 63

b) Write three mini-dialogues using the adjectives and nouns above together. 63

2. Choose the appropriate preposition to complete the sentences: 63

5. By altering the scope of their activities 67

Mergers and acquisitions 68

Г 88

A 116

Соф. 118

A ' 134

я 181

«і 187

o 214

КУРС ДІЛОВОЇ АНГЛІЙСЬКОЇ мови для магістрів 298

2. Decide in which phase of the organisational life cycle the following happens:

1. The Start-Up Phase

2. The Growth Phase

3. The Decline Phase

4. The Renewal Phase

5. Failure

1. the entrepreneur is thinking about the business;

2. management doesn't know, or is unwilling to change to get better results;

3. revenues climb;

4. more employees are hired;

5. being acquired and merged into a larger organization;

6. a management group is formed;

7. the use of training as a way of injecting new knowledge and skills;

8. a business plan is written;

9. profit margins are disappearing;

10. choosing transformational leaders to challenge the status quo;

11 .debt loads continue to grow year after year;

12. sales grow each year;

13. nursing themselves back to financial health;

14. new services and products are developed;

15. focus on organizational development as a way of preventing decline or reducing its affects;

16. sales are declining relative to competitors;

17. putting in place a rigorous program to change and transform the organization's culture;

18. an organization elects or is forced into bankruptcy.