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Emerging management issues and challenges

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Emerging management issues and challenges

  1. 1. Emerging Management Issues And Challenges Group – 6 Shaishav Kumar Dahal(106) Aishwarya Dhakal(130) Kritagya Raj Upadhaya(118) Yogendra Bhadur shrestha(112)1/8/2012 Sushant Gautam(124)
  2. 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 Employees1/8/2012
  3. 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.1/8/2012
  4. 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.1/8/2012
  5. 5. Ethical Consideration1/8/2012 Business Ethics 5
  6. 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. 1/8/2012 Business Ethics 6
  7. 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. 1/8/2012 Business Ethics 7
  8. 8. Social Consideration1/8/2012 Business Ethics 8
  9. 9. Quality and Productivity1/8/2012 Quality and Productivity 9
  10. 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. 1/8/2012 Quality and Productivity 10
  11. 11. Quality Control TechniquesInspection and testing. Random sampling. Delegating workforce for QC. Quality control charts and statistical measures to control quality. 1/8/2012 Quality and Productivity 11
  12. 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 Methods1/8/2012
  13. 13. Innovation And change (Contd..) • What Is Change? Organizational Change -Any alterations in the people, structure, or technology of an organization1/8/2012
  14. 14. Technological Development• Components Of Technological Development -Choice of Technology -Needs identification -Acquisition -Management and utilization -Upgrade and Maintenance -Information and Communication Technology1/8/2012
  15. 15. Workforce Diversity And Multi – Cultural Effects• Multiculturalism a broad issue• Diversity exist in any organization1/8/2012
  16. 16. Factors of1/8/2012
  17. 17. • Age distribution• Gender• Ethnicity• Physically challenged• Single parents• People with special dietary preferences• Political ideologies1/8/2012
  18. 18. Managing Diversity1/8/2012
  19. 19. • Individual Strategies – Understanding – Empathy – Tolerence – Willingness to communicate – Diversity and multicultural training• Organizational Approaches – Policies – Practices1/8/2012
  20. 20. Empowerment of Employees1/8/2012
  21. 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: Dont Pinpoint Problem People• Listen to Learn and Ask Questions for Guidance• Help Employees Feel Rewarded for Empowered Behavior1/8/2012
  22. 22. Conclusion• Challenges cannot be predicted• No one way of solving a problem• Uneven patterns• Achieving economic diversification• Steering Growth1/8/2012
  23. 23. !!!!!! Thank you !!!!!!1/8/2012 Have A Great Day
  24. 24. Any Queries???1/8/2012

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