PP

1. NEW ECONOMY

2. 2
Old Economy vs New Economy
Technology Driven change
Flat structure &Diverse
Workforce
Relationship
Collaboration
Technology support change
Hierarchy
Transaction
Competition

3. 3
Old Economy vs New Economy
Flexible Time
Open Mindset
Direction and Motivation
Learning and change
Global and Networked
Fixed working hour
Fixed Rigid Mindset
Tight Top Down Control
Habit
National, Need Based Linkage

4. 4
Old Economy vs New Economy
Interdependent
Short term employment
Merit Based Performance
People Driven
Skill portfolios
Independent
Long term employment
Senority Based Promotion
System Process
Single Career,Manager

5. 5
Old Economy vs New Economy
Loyal Employees
Working in teams
Focus on customer and employees
Participating
Collaboration
Doing individually
Focus of profit
Autocratic leadership
Conflict and competition
Loyal Employees Workers Empowered
and free

6. Performance
•Accountability
•Quality of work

7. Requirements to be a manager
•Management Skills
•Management types
•Manager Role
•Handling tough situations

8. Management Skills
•Conceptual Skills
•Human Skills
•Technical Skills

9. Managers Role
Informational Interpersonal Decisional
•Monitor
•Spokesperson
•Figurehead
•Leader
•Entrepreneur
•Disturbance handler
•Resource allocator
•Negotiator

10. Changing nature of managerial
work
TM
Middle Managers
Operating workers
Customers and clients

11. Working In The new economy
•Intellectual capital
•Globalisation
•Technology
•Diversity
•Ethics
•Careers

12. Successful
Exceptional
Knowledge worker
knowledge
Learning
Implementation
Intellectual capital

13. Globalisation
It is the worldwide interdependence of
resource flows,product market
and business competition.

14. Technology
•Automation
•Speed
•Integrity

15. Diversity
•It describes the composition of a workforce
in terms of differences among the members.
Diversity Bias
•Prejudice
•Discrimination
•Glass ceiling effect

16. ETHICS
Moral standards of what is good and
right in one’s behaviour

17. Careers
Charles Handy:
Full time
Contract
Part time

18. Career Launcher
You are always moving . You can expect to fall any
number of times,and you have to get back up to
catch the next wave, thus you must posses a
Portfolio of skills that are always valuable and up-
to-date to potential employers

19. Challenges of the new workplace
•Mastery
•Contacts
•Entrepreneurship
•Technology acceptance
•Marketing
•Passion for renewal

20. Organisational Performance
•Value creation
•Productivity
•Performance effectiveness

21. Resource Utilisation
Goal
Attainment
Neither effective
nor efficient
Efficient but not
effective
Effective but not
efficient
Effective and
efficient
Low
High
good
Poor

22. Changing nature of new workplace
•Belief in Human capital
•Demise of command and control
•Emphasis on teamwork
•Pre-eminence of technology
•Embrace of networking
•New workforce expectation
•Concern for work life balance
•Focus on speed