2. Emerging Management Challenges
• Globalization
• Development of Environment
• Quality and Productivity
• Ethics and Social Responsibility
• Innovation and Change
• Technological Development
• Knowledge Management
• Work Force Diversity
• Multicultural Effects
• Empowerment of Employees
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3. Globalization
• EXPANDING BUSINESS IN MORE THAN ONE
COUNTRIES.
• THE PROCESS OF GLOBALIZATION,HOWEVER HAS
MARKED SINCE 1980’S
• THERE ARE 3 REASON FOR THIS:
1. THE SPREAD OF MARKET BASED ECONOMIC SYSTEM.
2. FALLING BARRIERS TO INTERNATIONAL TRADE AND
FOREIGN DIRECT INVESTMENT.
3. TUMBLING COMMUNICATION AND TRANSPOTATION
COST.
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4. DEVELOPMENT OF
ENVIRONMENTALISM
• MAJOR ISSUES IN MANAGEMENT.
• ISSUES INVOLVE TOXIC WASTE,GLOBAL
WARMING,E.T.C
• DRAW ATTENTION OF DIFFERENT
SOCIAL,BUSINESS N POLITICAL INSTITUTE.
• MASNAGER HAVE CHALLENGE TO DEVELOP
CREATIVE WAY TO MAKE PROFIT.
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5. Ethical
Consideration
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6. Conception of right and wrong conduct.
Deals with human relationships.
Judges our behavior as moral or
immoral.
Application of general
ethical ideas to
business behavior.
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7. Any entity, whether state, govt. or corp.
has a responsible to society.
Corporate social responsibility.
Invest in communities.
Minimize environmental
footprint.
Treat with respect and
dignity.
Be responsive to customers.
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8. Social
Consideration
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9. Quality and
Productivity
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10. • That best fulfills the particular needs
of consumers at a price that they are
willing to pay.
• Consumer loyalty.
• Lower level of complaints.
• Longer product life cycles.
• Less promotion.
• Higher price.
• Better corporate image.
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11. Quality Control Techniques
Inspection and testing.
Random sampling.
Delegating workforce for QC.
Quality control charts and statistical measures to
control quality.
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12. Innovation and Change
• What Is Innovation?
– Turning the outcomes of the creative process into
useful products, services, or work methods
Inputs Transformation Output
Creative Creative Innovative
Individuals,Group Environment,Pro Products,work
s,Organization cess,Situation Methods
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13. Innovation And change (Contd..)
• What Is Change?
Organizational Change
-Any alterations in the
people, structure, or
technology of an
organization
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14. Technological Development
• Components Of Technological Development
-Choice of Technology
-Needs identification
-Acquisition
-Management and utilization
-Upgrade and Maintenance
-Information and Communication Technology
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15. Workforce Diversity And Multi –
Cultural Effects
• Multiculturalism a broad issue
• Diversity exist in any organization
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17. • Age distribution
• Gender
• Ethnicity
• Physically challenged
• Single parents
• People with special dietary
preferences
• Political ideologies
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21. • Demonstrate That You Value People
• Share Leadership Vision
• Share Goals and Direction
• Trust People
• Provide Information for Decision Making
• Delegate Authority and Impact Opportunities, Not
Just More Work
• Provide Frequent Feedback
• Solve Problems: Don't Pinpoint Problem People
• Listen to Learn and Ask Questions for Guidance
• Help Employees Feel Rewarded for Empowered
Behavior
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22. Conclusion
• Challenges cannot be predicted
• No one way of solving a problem
• Uneven patterns
• Achieving economic
diversification
• Steering Growth
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