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W-3.pptx
- 2. Principles of Management FACILITATED BY MS. JAVERIA SATTAR
- 3. Principles of Management Recap Highlights The Manager: Omnipotent or Symbolic? The External Environment: Constraints and Challenges Organizational Culture: Constraints and Challenges Current Issues in Organizational Culture
- 4. THE MANAGER: Omnipotent or Symbolic? Omnipotent View of Management The view that managers are directly responsible for an organization’s success or failure Symbolic View Of Management The view that much of an organization’s success or failure is due to external forces outside managers’ control.
- 5. Constraints on Managerial Discretion
- 6. THE EXTERNAL ENVIRONMENT: Constraints and Challenges External Environment Those factors and forces outside the organization that affect its performance.
- 7. Components of External Environment
- 8. THE EXTERNAL ENVIRONMENT: Constraints and Challenges Specific Environment This is the part of the environment that is directly relevant to the achievement of an organization’s goals. It consists of the crucial constituencies or stakeholders that can positively or negatively influence an organization’s effectiveness.
- 9. The Organization and its Environment
- 10. THE EXTERNAL ENVIRONMENT: Constraints and Challenges The Economic Environment The Demographic Environment How the External Environment Affects Managers Managerial Perspective of Competitive Intelligence
- 11. THE EXTERNAL ENVIRONMENT: Constraints and Challenges Environmental Uncertainty The degree of change and complexity in an organization’s environment Environmental Complexity The number of components in an organization’s environment and the extent of the organization’s knowledge about those components.
- 13. Managing Stakeholder Relationships Stakeholders Any constituencies in the organization’s environment that are affected by an organization’s decisions and actions.
- 15. ORGANIZATIONAL CULTURE: Constraints and Challenges What is Organizational Culture Strong culture Where culture comes from & How it continues How employees learn culture How culture affects managers
- 16. What is Organizational Culture Organizational Culture The shared values, principles, traditions, and ways of doing things that influence the way organizational members act and that distinguish the organization from other organizations.
- 17. Dimensions of Organizational Culture
- 18. Strong Cultures Strong Cultures Organizational cultures in which the key values are intensely held and widely shared.
- 19. Strong vs Weak Culture
- 20. Benefits of a Strong Cultures Creates a stronger employee commitment to the organization Aids in the recruitment and socialization of new employees Fosters higher organizational performance by instilling and promoting employee initiative
- 21. No deviation New ideas seniority Contrasting Organizational Cultures
- 22. Where culture comes from Socialization The process that helps employees adapt to the organization’s culture.
- 23. Establishing and Maintaining Culture
- 24. How Employees Learn Culture Stories Narratives of significant events or people, e.g. organization founders, rule breaking, reaction to past mistakes etc. Rituals Sequences of activities that express and reinforce the important values and goals of the organization awarding someone for high effort, nishane haider
- 25. How Employees Learn Culture Material Artifacts and Symbols Convey the kinds of behavior that are expected, e.g. risk taking, participation, authority, etc. architecture, elegance, casual, formal Language Acts as a common denominator that bonds members
- 26. Types of Managerial Decisions Affected by Culture
- 27. Current Issues in Organizational Culture Creating an Innovative Culture Creating a Customer-Responsive Culture Creating a Sustainability Culture
- 28. Creating an Innovative Culture Innovative culture look like: i. Challenges & involvement ii. Freedom iii. Trust & Openness iv. Idea Time v. Playfulness/humor vi. Conflict Resolution vii. Debates viii.Risk Taking
- 29. Creating a Customer-Responsive Culture
- 30. Creating a Sustainability Culture Companies that achieve business goals and increase long-term shareholder value by integrating economic, environmental, and social opportunities into business strategies may develop sustainability into the organization’s overall culture.