Professional Documents
Culture Documents
Managers in todays market must update tools and principles on a continuous basis. Management development is increasingly global in outlook and places a high value on contributing to organizational effectiveness and competitive advantage. To be successful a manager must use and integrated approach, using a combination of tools and principles.
Management Development
High performance leading organizations are
increasingly distinguished by 7 features: 1. Linking management development to business plans and strategies. 2. Being boundless, flat, nonhierarchical 3. Using global and cross cultural orientation 4. Individualizing learning that is focused within the context of organizational learning 5. Applying customized training aligned with corporate culture 6. Employing a career development focus 7. Focusing on the development of core competencies.
importance of employees with whom managers work and whom they manage in accomplishing an organizations objectives.
In organizations, people are the most important
asset. Successful managers understand this and recognize the need to establish a strong bond between the organization and the relationships of the manager and the people they manage.
Managing Diversity
Ethical Behavior
OB Challenges
Technology Transfo rmation
Globalisation
Workforce Empowerment
Total Quality Alliances with Suppliers & Customers Continuous Learning
the means, and not the other way round. It should not be: people are the resources & profits the purpose
Bohdan Hawrlyshyn, Economist & Advisor to
Ukranian President
Globalisation
Inequality Share of global Increased Foreign
income of poor people has fallen from 2.3 to 1.4% in the last decade Total world income increased by 2.5% annually; actual number of people living in poverty increased GE has assets of $500 billion, more than GDP of some countries Disregarding environment in stampede for mega profits & marketplace supremacy Corporate power restricting
Globalisation Challenges
Globalisation effects Managers & Professionals Internationalisation puts a premium on certain
competencies / skills
Managerial learning is critical: Teamwork
Globalization is neither new nor in general a folly. While we have good reasons to address difficulties arising out of globalization, we must be careful that we do not end up choosing the life of the kupamanduka (the frog in the well whose view of the world is confined to that space) Amartya Sen, Nobel Laureate
Locally
Localization reverses the trend of globalization by
people out of desperate poverty in urban centers and the hinterland alike, according to research by the McKinsey Global Institute
Indias best companies are targeting global markets But to sustain these advances, the country cannot rest.
Its leaders must focus on building infrastructure and developing a thriving labor market.
Managing Diversity
Language Religion Experiences Marital Status Parental Status
Ethnicity
Rac e
Geographi c Location
Education
Ethnocentrism
Stereotypes Discrimination Harassment Sexual Harassment Backlash
Managing Diversity
Increasing Awareness
Providing Accurate Information
between the workplace and the market place and it has become central to IBMs ability to win in the global market place.
From ethnocentric to Geocentric Age, Gender, Race, Sexual Orientation
attractive remuneration, housing etc not enough to attract, retain & motivate workforce Empowerment Quality of Status Employee Influence & Involvement Upward Communications Better Treatment Challenging Assignments Career Advancements
Technology Transformation
Dimensions of Technology
Automation
Automation
Poor Quality / Low Production Work Simplification
Alienation
Information Technology
Dotcoms Internet Intranet E-mail Mobile phones Conference calls
Privacy Group Cohesiveness Motivation Organisational Hierarchies Time Differences Communication Leadership
Ethical Behavior
Ethics : System of moral principles
Importance of Ethics
Basic Human needs Values create credibility with public Values give management credibility with employees values help in better decision-making Ethics & Profits go together Ethics can protect society better than law can
Cultural Influences
Organisation al Influences
External Factors
Managing Ethics
Top Management
Code of Ethics
Ethics Committee