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Opportunities & Challenges
Managers and Management
 Managers in today’s 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.
Management is also a Human Activity
 As a human activity management emphasizes the
importance of employees with whom managers
work and whom they manage in accomplishing an
organization’s 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.
Challenges and Opportunities for OB
 Responding to Globalization
 Managing Workforce Diversity
 Improving Quality and Productivity
 Empowering People
 Coping with Temporariness
 Stimulating Innovation and Change
 Improving Ethical Behavior – defining right
& wrong
 Information Technology
OB
Challenges
Technology
Transfo
rmation
Ethical
Behavior
Managing
Diversity
Changing
Demographics
of Workforce
Changed
Employee
Expectations
Globalisation
The Flip Side
 Access to a Changing Marketplace
 Large Scale Business Transformation
 Superior Customer Service
 Workforce Empowerment
 Total Quality
 Alliances with Suppliers & Customers
 Continuous Learning
 People are the purpose and profits are
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
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
 Increased Foreign
Assignments
 Different Cultures
 Outsourcing
Globalisation Challenges
 Globalisation effects Managers & Professionals
 Internationalisation puts a premium on certain
competencies / skills
 Managerial learning is critical: Teamwork
 Managing careers in the global context
 “ 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
 Alternative to Globalization? “ Think Globally, Act
Locally”
 Localization reverses the trend of globalization by
discriminating in favor of the local.
 Depending on context, the 'local' may be part of a
nation state, the state itself or even a regional grouping
of states.
 At the heart of localization is a rejection of today's
environmentally and socially damaging subservience in
The Indian Way
India‟s Green Revolution
 Since 1985 India has lifted more than 100 million
people out of desperate poverty in urban centers and
the hinterland alike, according to research by the
McKinsey Global Institute
 India’s 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.
Ethnicity
Rac
e
Mental /
Physical
Qualities
AgeGender
Sexual
Orientation
Language
Experiences
Geographi
c Location
Education
Income
Work
Experience
Occupation
Parental
Status
Marital
Status
Religion
Primary
Dimension
s
Secondary
Dimension
s
Managing Diversity
Barriers to Accepting Diversity
 Prejudice
 Ethnocentrism
 Stereotypes
 Discrimination
 Harassment
 Sexual Harassment
 Backlash
Managing Diversity
 Increasing Awareness
 Providing Accurate Information
 Uncovering Personal Biases & Stereotypes
 Assessing Personal Beliefs, Attitudes, & Values:
Learning about others
 Overturning Inaccurate Beliefs & Stereotypes
 Developing an atmosphere of sharing
 Improving understanding of others
 Increasing Diversity Skills
 Cultural Diversity
 Gender Diversity
 “At IBM diversity is seen as the „bridge
between the workplace and the market place
and it has become central to IBM‟s ability to
win in the global market place”.
 From ethnocentric to Geocentric
 Age, Gender, Race, Sexual Orientation
Changing Demographics of
Workforce
 Age
 Dual Career Couples
 Increase in Working mothers
 From Blue-collar to White-collar
Changed Employee
Expectations
 Traditional incentives such as job-security,
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
Work
Simplification
Alienation
Poor Quality
/ Low
Production
Information Technology
 Dotcoms
 Internet
 Intranet
 E-mail
 Mobile phones
 Conference calls
Behavioral Implications of Advanced
Technology
 Leaner Organisations
 De-layering
 Downsizing / Rightsizing
 Outsourcing
 Wired Organisations
 Telecommunications
 Web Conferencing
 Webinars (Web Seminars)
 Internet
 E-mail
 CCTVs
 Privacy
 Group Cohesiveness
 Motivation
 Organisational Hierarchies
 Time Differences
 Communication
 Leadership
 Virtual Offices
 Changing Nature of Managing Work
 Different Stressors
 Temp Staffing
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
Role
Expectations
Organisation
al Influences
Individual
External
Factors
Cultural
Influences
Ethical
Behavior
Managing Ethics
Top Management
Code of Ethics
Ethics Committee
Ethics Hot Lines
Ethics training programs
Ethics & Law

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Chapter 1 opportunities and challenges (2)

  • 2. Managers and Management  Managers in today’s 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.
  • 3. 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.
  • 4. Management is also a Human Activity  As a human activity management emphasizes the importance of employees with whom managers work and whom they manage in accomplishing an organization’s 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.
  • 5. Challenges and Opportunities for OB  Responding to Globalization  Managing Workforce Diversity  Improving Quality and Productivity  Empowering People  Coping with Temporariness  Stimulating Innovation and Change  Improving Ethical Behavior – defining right & wrong  Information Technology
  • 7. The Flip Side  Access to a Changing Marketplace  Large Scale Business Transformation  Superior Customer Service  Workforce Empowerment  Total Quality  Alliances with Suppliers & Customers  Continuous Learning
  • 8.  People are the purpose and profits are 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
  • 9. Globalisation  Inequality – Share of global 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  Increased Foreign Assignments  Different Cultures  Outsourcing
  • 10. Globalisation Challenges  Globalisation effects Managers & Professionals  Internationalisation puts a premium on certain competencies / skills  Managerial learning is critical: Teamwork  Managing careers in the global context
  • 11.  “ 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
  • 12.  Alternative to Globalization? “ Think Globally, Act Locally”  Localization reverses the trend of globalization by discriminating in favor of the local.  Depending on context, the 'local' may be part of a nation state, the state itself or even a regional grouping of states.  At the heart of localization is a rejection of today's environmentally and socially damaging subservience in
  • 13. The Indian Way India‟s Green Revolution  Since 1985 India has lifted more than 100 million people out of desperate poverty in urban centers and the hinterland alike, according to research by the McKinsey Global Institute  India’s 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.
  • 15. Barriers to Accepting Diversity  Prejudice  Ethnocentrism  Stereotypes  Discrimination  Harassment  Sexual Harassment  Backlash
  • 16. Managing Diversity  Increasing Awareness  Providing Accurate Information  Uncovering Personal Biases & Stereotypes  Assessing Personal Beliefs, Attitudes, & Values: Learning about others  Overturning Inaccurate Beliefs & Stereotypes  Developing an atmosphere of sharing  Improving understanding of others  Increasing Diversity Skills  Cultural Diversity  Gender Diversity
  • 17.  “At IBM diversity is seen as the „bridge between the workplace and the market place and it has become central to IBM‟s ability to win in the global market place”.  From ethnocentric to Geocentric  Age, Gender, Race, Sexual Orientation
  • 18. Changing Demographics of Workforce  Age  Dual Career Couples  Increase in Working mothers  From Blue-collar to White-collar
  • 19. Changed Employee Expectations  Traditional incentives such as job-security, 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
  • 20. Technology Transformation Dimensions of Technology Automation Automation Work Simplification Alienation Poor Quality / Low Production
  • 21. Information Technology  Dotcoms  Internet  Intranet  E-mail  Mobile phones  Conference calls
  • 22. Behavioral Implications of Advanced Technology  Leaner Organisations  De-layering  Downsizing / Rightsizing  Outsourcing  Wired Organisations  Telecommunications  Web Conferencing  Webinars (Web Seminars)  Internet  E-mail  CCTVs  Privacy  Group Cohesiveness  Motivation  Organisational Hierarchies  Time Differences  Communication  Leadership
  • 23.  Virtual Offices  Changing Nature of Managing Work  Different Stressors  Temp Staffing
  • 24. 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
  • 26. Managing Ethics Top Management Code of Ethics Ethics Committee Ethics Hot Lines Ethics training programs Ethics & Law

Editor's Notes

  1. KFC experienced phenomenal success with Kosher chicken menu in IsraelMcDonalds menus customised across the worldL’Oreal advertisements using local celebrities
  2. 65 million children under the age of 15, 400 million people below 23.30% of population under the age of 30 by 2020Flexi time at HPWomen – Ekta Kapoor, Kiran Majumdar Shaw, Lizzat papadHealth program – J&JLAMDA – Look, Ask, Model, Discuss, Act (ToyotaEureka – Xerox
  3. Empowerment results in redefining jobs, both shop floor & boardrooms. As workers are given more control over their jobs, supervisors may become redundant.Children to the workplace.Training for quality & better customer service; upgrade skills to meet changing technologies
  4. Automation occurs when a task is mechanised. Automation may lead to over-simplification & alienation. Involvement is minimised. Employers need to plan for effects of automation: Displacement / Replacement / Retraining
  5. Individual – Personality / Values / Morals / Principles / GenderCultural - Family / Education / Religion / Media / EntertainmentOrganisational – Ethical codes / Culture / Role Models / perceived pressure for results / Rewards-Punishments systemExternal – Political / Legal / Economic / Technological