Appraise the importance of the OD field in terms of its benefits in increasing business performance. Solution OD stands for Organizational Development. At the macro level OD improves a company performance and at the micro level it improves the employee\'s performance. Each organization is in a particular cycle or stage of development. OD identifies the stages that an organization go through in the process of their development. Each cycle or stage of development has its own share of problems and OD helps in overcoming them by strategic planning, leadership development, training and mentoring. The tangible aspects of a company that are analysed in the process of OD are: human resources, compensation policy, organizational structure. The intangibles include: values, morals, attitudes etc. By improving both the tangibles and the intangibles, OD aims at increasing the overall business performance..

1. Appraise the importance of the OD field in terms of its benefits in increasing business
performance.
Solution
OD stands for Organizational Development. At the macro level OD improves a company
performance and at the micro level it improves the employee's performance.
Each organization is in a particular cycle or stage of development. OD identifies the stages that
an organization go through in the process of their development. Each cycle or stage of
development has its own share of problems and OD helps in overcoming them by strategic
planning, leadership development, training and mentoring.
The tangible aspects of a company that are analysed in the process of OD are: human resources,
compensation policy, organizational structure. The intangibles include: values, morals, attitudes
etc.
By improving both the tangibles and the intangibles, OD aims at increasing the overall business
performance.