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Contemporary Management: Issues and Challenges

Quality Management
Meeting customers requirements Commitment by senior management and all employees Continuous improvement Planning quality into products and processes Teams Employee involvement and empowerment Recognition Benchmarking Certification (ISO) Six sigma

Contemporary Management: Issues and Challenges


Customer Focus
CASA/SME CIM Wheel

Contemporary Management: Issues and Challenges


Information Technology
Computers and Microprocessors Internet Engineering Functions: Design, Manufacturing Business Practice: Supply Chain, e-Business

Project Management
Complex systems Dynamic

Globalization

Contemporary Management: Successful Executives


Chester Barnard (telecommunications executive)
Functions of the Executive

Alfred P. Sloan (GM)


Annual styling changes Pricing structure

Walt Disney (Walt Disney)


Treating customers as guests

Thomas Watson Jr. (IBM)


Service Customer satisfaction

Contemporary Management: Successful Executives


Admiral Zumwalt (Navy)
People will respond well to being treated as grownups

Bill Hewlett & Dave Packard (HP)


Management by walking around

Sam Walton (Walmart)


Driving costs out of the merchandising system

Bill Gates (Microsoft)


Range of products

Jack Welch (GE)


innovative management strategies and leadership style

Contemporary Management: Famous Authors


Peter Senge The Learning Organization
Systems thinking Personal mastery Mental models Building shared vision Team learning

Contemporary Management: Famous Authors


Steven Covey
The Seven Habits of Highly Effective People
Habit 1: Be Proactive: Principles of Personal Vision Habit 2: Begin with the End in Mind: Principles of Personal Leadership Habit 3: Put First Things First: Principles of Personal Management Habit 4: Think Win/Win: Principles of Interpersonal Leadership Habit 5: Seek First to Understand, Then to be Understood: Principles of Empathetic Communication Habit 6: Synergize: Principles of Creative Communication Habit 7: Sharpen the Saw: Principles of Balanced SelfRenewal

Contemporary Management: Famous Authors


Tom Peters In Search of Excellence: Lessons from America's Best Run Companies
1) A bias for action, 2) Staying close to the customer, 3) Autonomy and entrepreneurship, 4) Productivity through people, 5) Hands-on, value driven, 6) Stick to the knitting, 7) Simple form, lean staff, and 8) Simultaneous loose-tight properties.

Contemporary Management: Famous Authors


Michael Hammer
Re-engineering the corporation

Scott Adams
Dilbert comic strip

Michael Porter
Strategic Management and Strategy Theory

Peter Drucker
Management By Objectives

Thomas Friedman
The World Is Flat: A Brief History of the Twenty-First Century

Discussion Questions
1. Compare the impacts of Industrial Revolution with the Information Revolution. 2. Could you identify some other issues and challenges faced in todays engineering management fields? 3. Could you identify some other famous authors who are influencing management practices of today?

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