Most researchers have identified the value of pessimism in today’s organizational context. Managers need to use strategic pessimism and optimism to realize the goals of the organization. Pessimism enables the managers to regard the existence of risk as a major factor when it comes to realizing the organizational goals. The organization cannot realize all its objectives without the possibility of failure.
Organizational trust can be built by the implementation of the strategies in the right place. There are a variety of strategic options which are available for use by organizations. Examples include outsourcing, benchmarking, market segmentation and industry analysis. Consequently, most of the organizations miss out on how the strategies were originally developed. The organizations lack the mannerism in which it can find new insights and develop state of the arty products and services which suit the needs of the customers. There are very few companies, if any, which come up with original and authentic strategies that can be tested in the market. It is important to test the validity of any formulated hypothesis. The tests show whether the company is on the right track in terms of achieving the organizational objectives.
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Smith, J. B., & Barclay, D. W. (2014). The Effects of Organizational Differences and Trust on the Effectiveness of Seiiing Partner Reiationships.
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