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FIGHT GLOBAL COMPETITION
WITH MANAGEMENT IDEAS
Dr. M.MADHAVAN
Assistant Professor of Economics
Arignar Anna Government Arts College,
Namakkal – 637 002
ORGANISATIONAL
EXCELLENCE
Excellence is Infinite
Excellence is A Journey
IT CAN BE ACHIVED BY
 BUILDING PRIDE
 CREATING AN EMPOWERED CLIMATE
 LEADERS SETTING A PERSONAL
EXAMPLE
DEVELOPING GLOBAL
VISION FOR THE FUTURE
“An Organization without vision is like
travel without destination”
“If you want to win over globalisation,
develop a global mindset”
GLOBAL MINDSET CAN BE DEVELOPED
BY
 CREATING CLARITY OF VISION
 UNDERSTANDING YOUR GLOBAL CUSTOMER
 UNDERSTANDING GLOBAL – LOCAL BALANCE
 GETTING GLOBAL PARTNERSHIP
 USING HI-FI TECHNOLOGIES TO KEEP
CAPABILITIES HIGH
THE COMPLETE MANAGER
THE QUALITIES
 COMPETITIVE REVISIONING
 COMPETITIVE LEADERSHIP
 COMMITMENT (Commitment is the Difference
Between Wishing and Doing)
 THE LEADER HAS TO PERFORM AND MAKE
OTHERS TO PERFORM

CAUSE EMPLOYEES TO BE SUCCESSFUL

CAUSE SUPPLIERS TO BE SUCESSFUL

CAUSE CUSTOMERS TO BE SUCESSFUL
THE FIVE FINGER
PRINCIPLE
 Effectiveness
 Constructiveness
 Report
 Self Improvement
 Contribution
TURNING CHALLENGES
INTO OPPORTUNITIES
THE METHOD
 NEVER UNDERESTIMATE CHALLANGE
 ENLIGHTING THE MIND
 MOTIVATING THE MIND
 SCREENING THE PROBLEMS (SWOT
ANALYSIS)
 FIND A SOLUTION
 APPLYING THE SOLUTION
 SUPPLEMENTING A CHALLENGE
 COMMUNICATING EFFECTIVELY
TAP SOURCES OF
INNOVATION
 MAKE INNOVATION THE STRATEGY
 ESTABLISH FOUNDATIONS
 ERADICATE OBSTACLES
 PUT CUSTOMER NEED FIRST
 DESIGN ACTUAL PRODUCT
 IMPROVE CONTINUOUSLY
FIX THE CUSTOMER AND
NOT THE PRODUCT
A CUSTOMER IS
 MOST IMPORTANT IN ANY BUSINESS

NOT DEPENDANT ON US, WE ARE
DEPENDENT ON HIM

PART OF OUR BUSINESS – NOT AN
OUTSIDER

NOT TO ONE WHO TO ARGUE OR FIGHT
WITH

A HUMAN BEING WITH FEELINGS AND
EMOTIONS

ONE WHO BEGINS US HIS NEEDS; OUR
JOB IS TO FULLFILL HIM

ENCOURAGE RISK
 LEADERS SET VISIONS AND GOALS
WHICH ARE CHALANGING
 ONE WHO ACCEPT THE DIFFERENCE OF THE
ORGANISATION
 CAN BE CALLED THE LEADER OF
GRAINSHRINE
 ONE WHO ACCEPTS THE MISTAKES OF THE
ORGANISATION
 CAN BE CALLED THE LEADER OF THE WOLD
OF BUSINESS
ENCOURAGE RISK
 LEADERS SET VISIONS AND GOALS
WHICH ARE CHALANGING
 ONE WHO ACCEPT THE DIFFERENCE OF THE
ORGANISATION
 CAN BE CALLED THE LEADER OF
GRAINSHRINE
 ONE WHO ACCEPTS THE MISTAKES OF THE
ORGANISATION
 CAN BE CALLED THE LEADER OF THE WOLD
OF BUSINESS

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Fight Global Competition With Management Ideas 1

  • 1. FIGHT GLOBAL COMPETITION WITH MANAGEMENT IDEAS Dr. M.MADHAVAN Assistant Professor of Economics Arignar Anna Government Arts College, Namakkal – 637 002
  • 2. ORGANISATIONAL EXCELLENCE Excellence is Infinite Excellence is A Journey IT CAN BE ACHIVED BY  BUILDING PRIDE  CREATING AN EMPOWERED CLIMATE  LEADERS SETTING A PERSONAL EXAMPLE
  • 3. DEVELOPING GLOBAL VISION FOR THE FUTURE “An Organization without vision is like travel without destination” “If you want to win over globalisation, develop a global mindset” GLOBAL MINDSET CAN BE DEVELOPED BY  CREATING CLARITY OF VISION  UNDERSTANDING YOUR GLOBAL CUSTOMER  UNDERSTANDING GLOBAL – LOCAL BALANCE  GETTING GLOBAL PARTNERSHIP  USING HI-FI TECHNOLOGIES TO KEEP CAPABILITIES HIGH
  • 4. THE COMPLETE MANAGER THE QUALITIES  COMPETITIVE REVISIONING  COMPETITIVE LEADERSHIP  COMMITMENT (Commitment is the Difference Between Wishing and Doing)  THE LEADER HAS TO PERFORM AND MAKE OTHERS TO PERFORM  CAUSE EMPLOYEES TO BE SUCCESSFUL  CAUSE SUPPLIERS TO BE SUCESSFUL  CAUSE CUSTOMERS TO BE SUCESSFUL
  • 5. THE FIVE FINGER PRINCIPLE  Effectiveness  Constructiveness  Report  Self Improvement  Contribution
  • 6. TURNING CHALLENGES INTO OPPORTUNITIES THE METHOD  NEVER UNDERESTIMATE CHALLANGE  ENLIGHTING THE MIND  MOTIVATING THE MIND  SCREENING THE PROBLEMS (SWOT ANALYSIS)  FIND A SOLUTION  APPLYING THE SOLUTION  SUPPLEMENTING A CHALLENGE  COMMUNICATING EFFECTIVELY
  • 7. TAP SOURCES OF INNOVATION  MAKE INNOVATION THE STRATEGY  ESTABLISH FOUNDATIONS  ERADICATE OBSTACLES  PUT CUSTOMER NEED FIRST  DESIGN ACTUAL PRODUCT  IMPROVE CONTINUOUSLY
  • 8. FIX THE CUSTOMER AND NOT THE PRODUCT A CUSTOMER IS  MOST IMPORTANT IN ANY BUSINESS  NOT DEPENDANT ON US, WE ARE DEPENDENT ON HIM  PART OF OUR BUSINESS – NOT AN OUTSIDER  NOT TO ONE WHO TO ARGUE OR FIGHT WITH  A HUMAN BEING WITH FEELINGS AND EMOTIONS  ONE WHO BEGINS US HIS NEEDS; OUR JOB IS TO FULLFILL HIM 
  • 9. ENCOURAGE RISK  LEADERS SET VISIONS AND GOALS WHICH ARE CHALANGING  ONE WHO ACCEPT THE DIFFERENCE OF THE ORGANISATION  CAN BE CALLED THE LEADER OF GRAINSHRINE  ONE WHO ACCEPTS THE MISTAKES OF THE ORGANISATION  CAN BE CALLED THE LEADER OF THE WOLD OF BUSINESS
  • 10. ENCOURAGE RISK  LEADERS SET VISIONS AND GOALS WHICH ARE CHALANGING  ONE WHO ACCEPT THE DIFFERENCE OF THE ORGANISATION  CAN BE CALLED THE LEADER OF GRAINSHRINE  ONE WHO ACCEPTS THE MISTAKES OF THE ORGANISATION  CAN BE CALLED THE LEADER OF THE WOLD OF BUSINESS