mpi- concept of management
TRANSCRIPT
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Managerial Perspectives:Concept of Management
Dr. Subhash SharmaDean, Indian Business Academy
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Concept of Management as achanging and dynamic idea
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T ransitions in Societies
K ingdoms-------Nations---------Corporates
K ingdoms--------Nation-States-----Corporates
as State
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Defining Management
H ow do we define ManagementWhat are the different definitions, viewpoints
and ways of defining management ?
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F our Dimensional View of Management
R ole of Manager IndividualEnterprise
Culture
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Dimension I: Role of Manager
PO SDC ORB Concept of Management
P lanningO rganizingStaffing
DirectingControllingR eviewingB udgeting
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Dimension II: Individual
U nderstanding Individual
LCM Approach to Management (Management as LCM):LCM: Leadership, Communication, Motivation
O ther related aspects of LCM:
Empowerment
ChangeConflict resolutionDevelopmentR elationshipTeam
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Dimension III: Enterprise F ocus
Enterprise P erformance ImprovementTools & Techniques:
MBO , O D, TQM, T K M, Six Sigma, Core
Competence,BPO
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Dimension IV: Cultural Dimension
Cultural DNA of A Nation !
Amercan : Metaphor?
Japanese : Metaphor ?
Indian : Metaphor ?
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N ew Age of Management
Creating a new cultural DNA: Combining American, Japanese andIndian concepts
K = K ola * K aizen * K nowledgeK3 = K ola* K aizen * K arma
Competitive Advantage throughC (Cost), Q (Quality), K (K nowledge)(1980s) (1990s) (2000)
New formula for Competitive Advantage (CA)
CA = K * Q * C
K
Q C
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Summary of F our DimensionalF ramework
Cultural(K ola, K aizen, K nowledge)
Individual EnterpriseLCM:(HR : H uman (Tools and Techniques of R esource, H uman performance improvement)
R esponse, H umanR elationship)
R ole(PO SDC ORB )
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BES T Model of Management
B EST Model
B : B ehavioural
E: EconomicS: StrategicT : Technical
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BES T Markets
B : Skills Market/ Labour MarketE : Financial MarketsS : P roduct MarketT : Technology Market
B
BEST
E S T
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N ew Role of Managers
Combine the Internal B EST with ExternalB EST
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Changes in BES T F actors
B EST inChaotic State
B EST inDynamic State
B EST inStatic State
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H istorical Perspective
N ew Age of Management
N ew Age T hinkers/Post modern thinkers
H umanisticManagement
McGregor et alScientificManagement
T aylor et al
Profit People Planet
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Integrating Scientific, H umanistic and N ew AgeManagement: N ine M F ramework
F rom Mind to Marketing:Linking Mind and Markets
-----------------------------------------------------(I) MindMotivational stimuli---Mission
------------------------------------------------------(II) Manpower----Machines----Materials
------------------------------------------------------(III) Money----Methods----Marketing----------------------------------------------------
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T owards A N ew Age Definition of Management
Management as Joy of Living
Management as SAW: Managerial SAW
Science ArtWisdom
Manifested as joy of creation and thereby as joy of living
Joy of living (Jol) = Science of living + Art of living + Wisdom of living
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T owards ViSA Concept of Management
ViSA:
Vision
Strategy/Strategies
Action plan
Exercise:
Prepare your ViSA document/ plan
Paradigm shift from POSDCORB to ViSA