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CONTEMPORARY ISSUES OF
MANAGEMENT
PRESENTED BY: AYUSH PRASAD
GUIDED BY : MRS.VASUDA SHARMA MA’AM
CONTEMPORARY Emerging/in
trend/Trending
ISSUES Difficulties/Challenges
ISSUES
Ethics
Change
Management
Customers
Diversity
List of some of the major contemporary issues of
Management:
• Change Management
• Ethics
• Customers satisfaction &Innovation
• Quality & Productivity
• Quality of work life
• Digitalization
• Work force Diversity
• Skepticism
• Retaining employees
• Environmental Issues
CHANGE MANAGEMENT
DO
OR
DIE
• Deal with continues shifting.
• As we all know this an Era of rapid diversification &
Technological advancement.
• Resistance to adopt the change from the employees’ side.
• It require proper training
• Drastic change in market condition
ETHICS
• ETHICS are rules and principles that define right & wrong
conduct.
• Ethical conflicts/ dilemma are most common in industries.
• It has got a solid grip in recent years.
• Cases of corporate lying, misrepresentation, misinterpretation,
financial manipulation have been widespread in recent years.
• Some of the examples are Harshad Mehta Scam, Satyam Scam
etc.
• Hence, increased emphasis on ethics education in university
and college curriculums.
Customer satisfaction & Innovation
• Delivering consistent high quality service
• A customer responsive organization need to be
created.
• To cater the need and ensure satisfaction of the
customers should be the main concern.
• Ensuring Continuous revaluation of products.
QUALITY & PRODUCTIVITY
• With the continuous process of production the manager
should ensure of good quality products.
• Not only quality, the quantity aspect should also be taken into
consideration i.e. productivity.
• Quality Control Techniques ( Solutions )
• Inspection & testing
• Random sampling
• Quality control charts
• Past records and standards
• Statistical measures to quality control
Healthy work life
• Not only work and productivity of the individual should be
taken into consideration.
• Instead a holistic development of the employee should be there.
• Now-a- days this aspect of managing is missing from most of
the managers.
• Practicing it is the need of the hour.
SOLUTIONS
• Flexible working hours.
• Focus on productivity rather than working hours
• Reviewing the workloads
• Give off times & breaks
WORKFORCE DIVERSITY
• Increasing heterogenicity in the workforce.
• It may be in terms of Gender, race, ethnicity or other
characteristics.
• It is a global managerial issue
• There may be a challenge for manager to make
organizations more accommodating to diverse groups
of people.
• Smart mangers recognize diversity as an asset.
(Why?)
SKEPTICISM
• Many a times due to lack of transparency the subordinates or
team working under the management, rises questions.
• This happens when they feel distanced from the managers or
are facing high social loafing.
• Hence it’s the duty of the manager to be crystal clear in his/her
approach and hence accountable.
ENVIRONMENTAL ISSUES/CSR
• Toxic waste management
• Growing environmental concern( now a judgmental criteria for
people)
• Minimizing carbon footprint
• Political, Cultural, Economical environments(HOW?)
• WHY CSR activities?? Important for a manager?? (Discuss)
RETAINING EMPLOYEES
• It has been a major managerial problem now-a-days as employees
are leaving the job/ organization of reasons such as:
• Lack of job satisfaction
• Lack of recognition
• Better alternatives
• ?? What more ??
• Now the question arises:
• Why should an employee stay in an organization??
• What a manager can do to retain valuable employees??
Hence these are some of the MAIN GLOBAL
CONTEMPORARY ISSUES OF MANAGEMENT that
managers all over the world face.

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Contemporary issues of management

  • 1. CONTEMPORARY ISSUES OF MANAGEMENT PRESENTED BY: AYUSH PRASAD GUIDED BY : MRS.VASUDA SHARMA MA’AM
  • 4. List of some of the major contemporary issues of Management: • Change Management • Ethics • Customers satisfaction &Innovation • Quality & Productivity • Quality of work life • Digitalization • Work force Diversity • Skepticism • Retaining employees • Environmental Issues
  • 5. CHANGE MANAGEMENT DO OR DIE • Deal with continues shifting. • As we all know this an Era of rapid diversification & Technological advancement. • Resistance to adopt the change from the employees’ side. • It require proper training • Drastic change in market condition
  • 6. ETHICS • ETHICS are rules and principles that define right & wrong conduct. • Ethical conflicts/ dilemma are most common in industries. • It has got a solid grip in recent years. • Cases of corporate lying, misrepresentation, misinterpretation, financial manipulation have been widespread in recent years. • Some of the examples are Harshad Mehta Scam, Satyam Scam etc. • Hence, increased emphasis on ethics education in university and college curriculums.
  • 7. Customer satisfaction & Innovation • Delivering consistent high quality service • A customer responsive organization need to be created. • To cater the need and ensure satisfaction of the customers should be the main concern. • Ensuring Continuous revaluation of products.
  • 8. QUALITY & PRODUCTIVITY • With the continuous process of production the manager should ensure of good quality products. • Not only quality, the quantity aspect should also be taken into consideration i.e. productivity. • Quality Control Techniques ( Solutions ) • Inspection & testing • Random sampling • Quality control charts • Past records and standards • Statistical measures to quality control
  • 9. Healthy work life • Not only work and productivity of the individual should be taken into consideration. • Instead a holistic development of the employee should be there. • Now-a- days this aspect of managing is missing from most of the managers. • Practicing it is the need of the hour. SOLUTIONS • Flexible working hours. • Focus on productivity rather than working hours • Reviewing the workloads • Give off times & breaks
  • 10. WORKFORCE DIVERSITY • Increasing heterogenicity in the workforce. • It may be in terms of Gender, race, ethnicity or other characteristics. • It is a global managerial issue • There may be a challenge for manager to make organizations more accommodating to diverse groups of people. • Smart mangers recognize diversity as an asset. (Why?)
  • 11. SKEPTICISM • Many a times due to lack of transparency the subordinates or team working under the management, rises questions. • This happens when they feel distanced from the managers or are facing high social loafing. • Hence it’s the duty of the manager to be crystal clear in his/her approach and hence accountable. ENVIRONMENTAL ISSUES/CSR • Toxic waste management • Growing environmental concern( now a judgmental criteria for people) • Minimizing carbon footprint • Political, Cultural, Economical environments(HOW?) • WHY CSR activities?? Important for a manager?? (Discuss)
  • 12. RETAINING EMPLOYEES • It has been a major managerial problem now-a-days as employees are leaving the job/ organization of reasons such as: • Lack of job satisfaction • Lack of recognition • Better alternatives • ?? What more ?? • Now the question arises: • Why should an employee stay in an organization?? • What a manager can do to retain valuable employees?? Hence these are some of the MAIN GLOBAL CONTEMPORARY ISSUES OF MANAGEMENT that managers all over the world face.