The document discusses the early development of systematic management practices in the United States from the 19th century through the early 20th century. It describes how early American engineers and managers began developing techniques for improving factory organization and workflow. This led to the growth of systematic management practices focusing on time and wage systems, cost accounting, and coordinating production. The emergence of large corporations and industrialization created demand for more advanced management approaches to handle increasingly complex business operations and labor issues.
The other definition simply states that an entrepreneur is someone who works for himself or herself.
http://www.researchomatic.com/Entrepreneurship-139143.html
This presentation is a part of class project. In this presentation i am discussing the flaws/drawbacks of CAPITALISM, which is one of a economic system.
Scarcity, Choice, and Opportunity CostScarcity and Choice in a One-Person EconomyScarcity and Choice in an Economy of Two or MoreThe Production Possibility FrontierComparative Advantage and the Gains from TradeThe Economic ProblemEconomic SystemsCommand EconomiesLaissez-Faire Economies: The Free MarketMixed Systems, Markets, and Governments
Comparative Economic Systems - Intro to Capitalism. Read about the Capitalism, its advantages and disadvantages. You will find it helpful in your studies. Don't forget to like and follow.
The other definition simply states that an entrepreneur is someone who works for himself or herself.
http://www.researchomatic.com/Entrepreneurship-139143.html
This presentation is a part of class project. In this presentation i am discussing the flaws/drawbacks of CAPITALISM, which is one of a economic system.
Scarcity, Choice, and Opportunity CostScarcity and Choice in a One-Person EconomyScarcity and Choice in an Economy of Two or MoreThe Production Possibility FrontierComparative Advantage and the Gains from TradeThe Economic ProblemEconomic SystemsCommand EconomiesLaissez-Faire Economies: The Free MarketMixed Systems, Markets, and Governments
Comparative Economic Systems - Intro to Capitalism. Read about the Capitalism, its advantages and disadvantages. You will find it helpful in your studies. Don't forget to like and follow.
Chapter 3 Humanistic Approaches to Organizational Communicati.docxspoonerneddy
Chapter 3:
Humanistic Approaches to Organizational Communication
Introduction
The Human Relations Approach
Shifts emphasis from structure, power, and individualization (classical) to individual needs and human relationships
The Human Resources Approach
Attempt to balance the extremes of the classical theorists and the human relations theorists
Organizations and Social Expectations
Highly educated and empowered workers entered the workforce
Advanced skills were highly valued, difficult to replace
Case Study: The Traitorous Eight
Owner of a Silicon Valley startup firm demanded that all employees take lie detector tests to prove honesty
Owner was strict disciplinarian, top-down manager who stifled employees
Gifted, creative employees were fed up and began to look for other opportunities – dubbed the ”traitorous eight”
Formed their own firm and developed the world’s first microchip
Why do you think the eight reacted in this way?
The Hawthorne Studies: The Bridge from Classical Theory to Human Relations
From 1927-1932 a series of industrial research studies were conducted at the Western Electric Company Hawthorne Plant
Looking for ways to maximize output and improve organizational efficiency
All but first study led by researcher Elton Mayo
The Illumination Studies
Designed to test the effects of lighting on worker productivity
Lighting was held constant for one group (control)
Lighting was increased and decreased systematically for the other group (experimental)
Productivity of both groups increased under all conditions
The Relay Assembly Test Room Studies
Small group of 5-6 women who assembled telephone relay systems were isolated
Various changes introduced:
Work hours
Number of days worked
Duration & number of breaks
Incentives
Temperature & humidity
Refreshments
Changes discussed with women ahead of time; general productivity and satisfaction increased regardless of changes
The Interview Program
In an effort to understand the unexpected findings of the first studies, interviews were conducted
Employees were more interested in talking about attitudes and feelings
The Bank Wiring Room Studies
Focus on the influence of social groups on production and work behavior
Observations of men in the bank wiring room indicated developed norms regarding productivity
Social pressures created norms in opposition to formal organizational goals
Implications and Explanations of the Hawthorne Studies
Mayo and his team theorized that social and emotion needs influenced productivity
Paying more attention to the workers caused changed in behaviors – now known as the Hawthorne effect
Supervisor attention to both context and people more likely to influence behaviors
Studies critically evaluated and questions but were a key factor in moving away from the machine metaphor
The Human Relations Movement
Shift from organizational standardization to emphasis on the individual worker
Theories emphasize worker communication
Suggests workers sho.
Chapter 02 The Evolution of Management ThinkingRayman Soe
Richard L. Daft addresses themes and issues directly relevant to both the everyday demands and significant challenges facing businesses today. Comprehensive coverage helps develop managers able to look beyond traditional techniques and ideas to tap into a full breadth of management skills. With the best in proven management and new competencies that harness creativity, D.A.F.T. is Management!
Case Presentation by Albert Endi, Audria Praweswari, Mitsalina Shafwa, Laudita Larissa, Yosua Danny, Karina Aldilla
From book: Managing Organizational Change
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Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
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Industrial Growth & Systematic Management
1. The Growth of U.S
Enterprise
Background
engineers become managers of enterprises
American Machinist was interested in
factory problem
a place for everything and everything in its place
specific lines of duty for each man
good workers rarely made good supervisors
James Waring See - Consulting Engineers
good supervisors should be tactful & understanding
advocated paying high wages to attract better workers
standardization of tools
other techniques to better shop management
ASME addressed issues of factory operation & management
emphasis was on the shop, manufacturing, not the whole organization
presented paper "The Engineer as an Economist"
combination of mechanical & businessmen
qualities is essential to management of
industrial works
management of works
organization
Henry R. Towne - President of Yale & Towne
Manufacturing Company
responsibility
shop management
reports
Engineers
proposed ASME create economic section for
shop management & shop accounting
executive management of works, mills & factories
time & wage system
shop accounting
determination & allocation of cost
methods of bookkeeping
manufacturing accounts
shop order system of accounts that used
cards to facilitate coordination & control
record amount of labor spent & material used
Henry Metcalfe - Springfield Armory
card used to determine direct& indirect cost
FW Taylor of Midvale Steel had used similar system
setting standards for tools
quality & quantity of work
coordination of workflow through scheduling & routing
systematic management
The Renaissance of
Systematic Management
wage incentives
accounting for cost
assigning responsibilities
handling labor problems
Jean Baptiste Say
difference in management will alter result, in the same place, at the same
time, in the use of similar machinery
Edward Atkinson
function of management : forecasting, planning, organizing
internal economies could be attained by more efficient management
founder of Cambridge
Economist
inclusion of management as agent of production
Alfred & Mary Paley Marshall
organize better
Lenny Martini - 29006014
advantage of management
better relation
extend business
Ch. 6 - History of Management Thought
increasing return & profit
had lest impact in management thought
labor unrest
intemperance
poverty
problems
slums
child & female labor
low productivity
solution by Richard T. Elly
rule & legislation
profit sharing
trade unions
The Labor Question
arbitration of industrial disputes
Industrial Growth &
Systematic
Management
other solutions
cooperative stores for workers
national legislation about hiring & firing
incentive to obtain worker cooperation & stimulate response to improve output
payment based on performance
Synopsis of Early Management Thought
solution by Adam Smith
high wages
Summary of Part I
solution by David Schloss
People seek satisfaction of their
needs through organized efforts,
giving rise to management as an
activity
lump of labor phenomenon
Commodore Cornelius
Vanderbilt
bribing New York state legislature
manipulating stock
Daniel Drew
Early civilizations: parochial view
of management function in the
military, the household, the
church, and government
watering stock
The cul ural rebirth established
t
preconditions for industrialization
purchased to legislator
conspiring to get rebates
Andrew Carnegie
owned 2/3 nation's steel industry
social Darwinism
Industrial Revolution in England;
creates factory system &
managerial problems
Focus on organization and
methods: Babbage, Dupin,
Montgomery and Ure
Collis P. Huntington
& Leland Standford
John D. Rockefeller
barons
struggle for existence
motivation of Baron
Focus on human problems : Owen
survival of the fittest
mergers
Business & Society
business leaders gave bribes when politician forced them to
2 legal principles
Industrial Revolution in antebellum
America
notion of limited charter powers
management as trustee of the stockholders' property
philanthropy
Ezra Cornell
Focus on organization and methods
: McCallum, Poor
Focus on human problems : Poor
William Colgate
benefactors
Post civil War :
The Expansion of Industry
Moses Brown
Johns Hopkins
found college in Ithaca
found college
Rhode Island College
college in Baltimore
Cornellius Vandermilt
Systematic management : a
prelude to scientific management
Methodist seminary
attempts to form labor unions in US less successful
Labor violence fueled public fears of union
Big business & its
changing environment
American Federation of Labor as one successful union
Business & Labor
immigration provided a growing work force
increased supply of labor did not result in lower wages
US worker benefited from the growth of industry
in terms of employment & real income
railroad fostered a retailing revolution
railroad facilitated interstate commerce
four times zone as solution of time confusedness
inventors pushing forward nation's capacity to
produce more, to create jobs
Inventive & Innovative Impulses
growth of enterprise in terms of scale and scope
scale = increased size of a single operating unit
making a single product
scope = the processes within a single operating
unit to distribute more than one product
early inventions were the basis of emerging
large-scale enterprise
seeds of systematic management & rationalization appear to
have been operational in the public as well as the private sector
civil service reform must extend beyond personnel
matters into the organization & methods of government
offices
what government can properly and successfully do
Woodrow Wilson
recommended administrative study
how it can do these proper things with the utmost
possible efficiency and the least possible cost either of
money or energy
bringing improved system and methods to government
Business & Government
few effective efforts at the regulation of business
regulation about railroads
Sherman Antitrust Act
Granger laws
Interstate Commerce Act
Sherman Antitrust Act
Wilson-Gorman Tax Act
political environment remained relatively laissez-faire
6- Industrial Growth & Systematic Management - Lenny 29006014.mmap - 22/09/2006 -
check corporate trust & monopoly practices