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MANAGERIAL BEHAVIOUR AND EFFECTIVENESS

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1 MANAGERIAL BEHAVIOUR AND EFFECTIVENESS

2 UNIT – I 1. DEFINING THE MANAGERIAL JOB
1.1. Descriptive Dimensions of Managerial Jobs 1.2. Methods 1.3. Model 1.4. Time Dimensions in Managerial Jobs 1.5. Effective and Ineffective Job behavior 1.6. Functional and level differences in Managerial Job behavior.

3 INTRODUCTION The manager is one who manages himself/herself and is capable of managing others for the accomplishment of the organizational goals. Behaviour is conduct of a person.

4 DIMENSIONS OF MANAGERIAL JOB
Descriptive Behaviour Gathering information, analysis & problem solving 2. Planning & organizing the projects 3. Time management 4.Budgeting & financial management

5

6

7 HENDRY FAYOL MANAGERIAL ACTIVITIES - FUNCTIONAL
Technical (Production, Manufacturing) Commercial (Buying, selling, exchanging) Financial (obtaining and using capital) Security (Protecting of property and persons) Accounting (Balance sheet, Stock taking, Statistics and costing) Managerial (Planning, organizing, commanding, co-ordinating, control)

8 HENRY MINTZBERG ROLE DIMENSIONS

9 TIME MANAGEMENT Act or process of exercising conscious control over the amount of time spent on specific activities to increase efficiency and productivity

10 TIME MANAGEMENT PRINCIPLES
Principle of Brevity – Short Meetings, Comfortable for prolong meetings. Principle of Habit –routine meetings at the end of the day Delegation of authority – identify amount of work and assigning Time Estimates – Set a time limit Principle of Prioritization – List and schedule as per importance. Avoid big or small things

11 TIME MANAGEMENT PRINCIPLES
Write Goals: Paying off debts, finishing project on dates. Proper Implementation: Start meeting on time. Reward people arrive on time rather than laggards. Proper planning and follow-up: Minutes of meeting. Principle of Effectiveness: Let subordinates suggest solution.

12 THE TIME MANAGEMENT MATRIX
Urgent Not Urgent I Activities: Crises Pressing Problems Deadline-driven projects II Prevention Relationship Building Recreation New opportunities III Interruption Some Phone calls Some mail Some meetings Popular activities IV Trivia Some phone calls – Time Wasters Pleasure activities Important Not Important

13 SOME OF THE TIME WASTERS
Internal time wasters: Poor communication-written and verbal Procrastination Inability to say ‘No’ Poor prioritizing Inadequate planning Failure to delegate External time wasters Visitors Meetings Papers and correspondence Telephone Procedures and systems Travel Subordinates

14 TIME DIMENSIONS Three laws of time and effort management:
The law for planning time – Doing right work at right time 2. The law for applying effort – Searching right opportunity and utilizing 3. The law for investing talent – Utilization of talent

15 EFFECTIVE JOB BEHAVIOUR

16 INEFFECTIVE JOB BEHAVIOUR

17 LEVELS OF MANAGEMENT

18 Top Level Management: Determines the objectives, policies and plans of the organisation. Mobilises resources. Work of thinking, planning and deciding. Called as Brain of the organisation. Prepare long-term plans Final authority in the organisation. Responsible to Shareholders, Government and the General Public. Success or failure depends on efficiency & decision making. They require more conceptual skills and less technical Skills.

19 Middle Level Management:
Middle level management gives recommendations to the top level management. It executes policies and plans. Co-ordinate the activities of all the departments. Communicate with the top level Management and the lower level management. Spend time in co-ordinating and communicating. Prepare short-term plans of their departments which are generally made for 1 to 5 years. Intermediary between top and lower management. Require more managerial and technical skills and less conceptual skills.

20 Lower Level Management:
Lower level management directs the workers / employees. Develop morale in the workers. Maintains a link between workers and middle management. Inform the management about the performance, difficulties, feelings, demands, etc., of the workers. Spend more time in directing and controlling. The lower level managers make daily, weekly and monthly plans. Limited authority but important.

21 FUNCTIONAL LEVEL MANAGERS
Financial Manager: Responsible for accounting, cash management and investment. Marketing Manager: To develop new product, promote sales and distribution of product or service. Production Manager: In charge of production and maintenance of machinery and equipments. HR Manager: HRP, recruiting, selecting employees, T&D, designing compensation and benefit system. Operations Manager: Transform input to output. Deals with layout, production, inventory and quality control. Research and Development Manager: Coordinates the activities of Scientist and engineers on scientific projects.

22 General Managers: Line Managers: Staff Managers:
Not associated with any particular area. Basic familiarity with all the functions rather than specialized training. Line Managers: Responsible for major work activities that contribute to production or service. Staff Managers: Responsible for specialized services in support of line managers

23 MODELS OF JOB BEHAVIOUR
Heuristic Model: Indicates how the various managerial characteristics and resourcefulness acting as inputs is being transformed into outputs through a transformation process. Organisation Environment Individual Characteristics Intelligence Aptitude Knowledge Temperament Preference Expectation Ability Motivation Opportunity Transformation Process Managerial job dimension General functions Special functions Organisational Results Profit Maximization Organizational efficiency High Productivity Employee satisfaction Customer satisfaction Person Process Product

24 MODELS OF JOB BEHAVIOUR
Heroic Models of the manager It involves planning, assigning, monitoring and coordinating the activities of the organisation. Participative decision-making is lacking in this model. It is manager centered and the success relies heavily on control capabilities. Manager as Master Technician Emphasizes more on technical knowledge for success. More importance given for Individualistic attention and expectations. Applicable in organizations where knowledge of manager is very wide, interpersonal relations minimal and where subordinates are not committed, co-operative and highly dependent.

25 MODELS OF JOB BEHAVIOUR
Manager as Conductor Manager tries to resolve conflicts between managerial and subordinate thinking. Higher Involvement of subordinates in any activities. Getting subordinates to buy ideas may be time consuming. Manager as a Developer Subordinates share managerial and task responsibility. Crisis management is possible. New opportunities can be assessed easily Knowledge and expertise sharing becomes possible. Creates opportunities for personal learning.

26 IDENTIFYING MANAGERIAL TALENT
Talent identification is very important for a business in identifying the talent within their business, retaining that talent to good use.

27 METHODS / WAYS OF IDENTIFYING TALENT
Traditional Method – IQ Test Interviews Simulations – work related behaviour Performance Appraisal – Individual’s record of past managerial performance

28 STRATEGIES TO RETAIN TALENT
Creating and Maintaining a Healthy Work Culture Employee Participation Provision of Benefits Fair and Competitive Salaries Fringe Benefits Training and Development Variety of Assignments Communicating Openly Flexibility Orientation Program Providing Best Possible Equipments

29 RECRUITMENT Recruitment is the process of locating and encouraging potential applicants to apply for existing and anticipated job opening.

30 SOURCES OF RECRUITMENT

31 PROCESS OF RECRUITMENT

32 2. Sources of Recruitment:
1. Recruitment Planning: Numbers of contact: number of applicants necessary to fill all vacancies with the qualified people. Types of contacts: qualifications and experience expected. 2. Sources of Recruitment:

33 Contacting Sources: Objective Factor Theory: Evaluating based on characteristics of employment offers, such as, financial compensation and benefits, opportunities for advertisement, nature of work, location etc. Subjective Factor Theory: Congruence between personality patterns of the candidate and the image of the organization, and the choice is made on highly personal and emotional basis. Critical Contact Theory: Candidate is unable to make a meaningful differentiation of employment offers and terms of objective and subjective factors because of his limited or very short contact with the organization. 4. Application Pool: To attract as many candidates as possible. 5. Selection Process: Identify those with a greater likelihood of success in a job.

34 SELECTION Employee Selection is the process of putting right men on right job. It is a procedure of matching organizational requirements with the skills and qualifications of people.

35 PROCESS OF SELECTION Placement Step 7 Hiring Decisions Step 6
Reference and Background Check Step 5 Medical Examination Step 4 Interview Step 3 Selection Tests Step 2 Screening Applicants Step 1

36 MANAGERIAL SKILL DEVELOPMENT
A systematic process of growth and development by which the managers develop their abilities to manage.

37 METHODS OF MANAGERIAL DEVELOPMENT PROGRAMME
ON-THE-JOB TRAINING On-the-Job training (OJT) Job instruction training (JIT) Coaching Job Rotation Understudy Apprenticeship

38 METHODS OF MANAGERIAL DEVELOPMENT PROGRAMME
OFF-THE-JOB TRAINING Lectures Discussion Method Demonstration Simulation Case Study Role plays Brain storming Field Trip

39 METHODS OF TRAINING EVALUATION
Post-training performance evaluation. Pre- training performance evaluation. Attitudinal change. Test scores. Improvement in production or methods of problem solving.

40 REWARDS Objectives of Reward Management
Support the organisation’s strategy Recruit & retain Motivate employees Internal & external equity Strengthen psychological contract Financially sustainable Comply with legislation Efficiently administered

41 TYPES OF REWARD Extrinsic rewards: concrete rewards that employee receive. Bonuses Salary raise Gifts Promotion Other kinds of tangible rewards Intrinsic rewards: tend to give personal satisfaction to individual Information / feedback Recognition Trust Relationship Empowerment Monogrammed name plaque

42 Content (Need) Theories Reinforcement Theories
MOTIVATION THEORIES Content (Need) Theories Process Theories Reinforcement Theories Hierarchy Of Needs ERG Theory Manifest Needs Two-Factor Theory X And Y Theory Equity Theory Expectancy Theory Goal setting Theory Behavior Modification Learning Theory

43 a) MASLOW’S HIERARCHY OF NEEDS

44 b) ALDERFER'S ERG THEORY
Growth needs: Development of competence and realization of potential Relatedness needs: Satisfactory relations with others Existence needs: Physical well-being

45 c) MANIFEST NEEDS BY MURRAY AND MCCLELLAND
Assumptions: There is no hierarchy of needs Needs are learned, not instinctive Needs are never completely satisfied (N Ach) Achievement (N Aff) Affiliation (N Aut) Autonomy (N Pow) Power (Dominance)

46 d) HERZBERG’S TWO FACTOR THEORY
Motivators (Intrinsic) Hygiene (Extrinsic) Challenging work Recognition Responsibility Status Job security Salary Fringe benefits Work conditions

47 e) MCGREGOR’S THEORY X AND THEORY Y
X THEORY Y THEORY Employee does not like work. He should be compelled, or warned with punishment to achieve goals. A close supervision is required on part of managers. Expect job security. They have little or no aspiration/ ambition. Employees generally dislike responsibilities. Employees resist change. Employees needs formal direction. Employees perceive job as relaxing and normal. No Need of supervision. Employees can use self-direction and self-control. Employees’ show loyalty and commitment to organization. Employee can learn to admit and recognize the responsibility. The employees have skills and capabilities.

48 2. PROCESS THEORY a) Adam’s Equity Theory: Employees compare their efforts and rewards with those of others in similar work situations.

49 b) VROOM EXPECTANCY THEORY
Motivation (M) = Expectancy (E) * Instrumentality (I) * Valence (V) Expectancy is the person's perception that effort will result in performance. Instrumentality is the person's perception that performance will be rewarded or punished. Valence is the strength of the reward or punishment that will result from the performance.

50 c) GOAL SETTING THEORY Goal setting involves establishing SMART goals.
S – Specific M – Measurable A – Achievable R – Realistic T – Time Bound

51 3. REINFORCEMENT THEORIES
Reinforcement theory of motivation was proposed by BF Skinner. It is based on “law of effect”. Behaviour Modification Positive Reinforcement- Ex: Immediately praising an employee for coming early for job. Negative Reinforcement- Ex: A child cleans his or her room, and this behavior is followed by the parent stopping “nagging”. Extinction: Weakening a behavior. Ex: Getting no goodies when do a behavior, they stop doing it. Punishment: Example: Having your pay docked for lateness. 

52 3. REINFORCEMENT THEORIES
b) Learning Theory Learning is a relatively permanent change in behavior or potential behavior that results from direct or indirect experience. Key points: Changes in behavior Long-lasting effects Affects potential and actual behavior Caused by direct or indirect experience

53 METHODS OF PERFORMANCE APPRAISAL
Ranking method Graphic scale rating method Forced choice method Essay appraisal method Paired comparison method Field review method Critical incidents method MBO method

54 BALANCE SCORECARD Balance scorecard is a performance measurement framework that translates an organisation’s strategy in to clear objectives, measures and targets.

55 CAREER MANAGEMENT A career is a person’s chosen profession or occupation. A Career is all the jobs that held during ones working life.

56 CAREER STAGES Growth [4 to 13]: start to find ways to develop competencies Exploration [early teens to mid-twenties]: people begin to crystallize, specify and implement an occupational choice. Establishment [mid-twenties through mid-forties]: a suitable field is selected and efforts are made to secure Maintenance [mid-forties to mid-sixties]: Stagnating or enriching Disengagement [mid-sixties]: decelerating from formal employment to finding new roles with a view to retirement

57 CAREER MANAGEMENT ISSUES
Career Plateau Dual career paths technical / professional vs. managerial Skills obsolescence continuous learning Balancing work and family Coping with job loss

58 UNIT III Managerial Effectiveness
Managerial Effectives is a manager's ability to achieve desired result. Components of Managerial Effectiveness Leadership Motivation People Skills Administrative Skills

59 FACTORS INVOLVED IN MANAGERIAL EFFECTIVENESS
Role Performance Learning Behaviour Resilence Business Knowledge

60 MODELS OF MANAGERIAL EFFECTIVENESS
Campbell, Dunnette, Lawler and Welek proposed PPP Model Organisation Environment Individual Characteristics Intelligence Aptitude Knowledge Temperament Preference Expectation Ability Motivation Opportunity Transformation Process Planning Goal setting Decision Making Delegating Problem Solving Communicating Cooperating Displaying Organisational Results Profit Maximization Organizational efficiency Organizational stability High Productivity Employee Welfare Social Welfare Person Process Product

61 PPP MODEL Person Approach: Individual manager’s characteristic, traits and abilities. Process: Manager’s on-the-job behaviour and activities Product: Outcome of effective management.

62 MEASURES OF MANAGERIAL EFFECTIVENESS
Superior’s Effectiveness and Performance Ratings. Subordinates ratings of Satisfaction, Organizational climate, Morale, Motivation, and leadership Effectiveness. Unit Performance Indices.

63 MANAGERIAL GRID

64 BRIDGING THE GAP A managerial problem can be described as the gap between a given current state of affairs and a future desired state.

65 STEPS FOR PROBLEM SOLVING
Problem Awareness Problem Definition Decision Making Action Plan Implementation Follow – Through Take Corrective Actions

66 MEASURING MANAGERIAL EFFECTIVENESS
Supervisor’s Ratings Subordinate’s Ratings Unit Performance Indices

67 CURRENT INDUSTRIAL AND GOVERNMENT PRACTICES
Procedures to ensure high quality of work Arrange for training and EDPs Career development program Monitor the quality of work through performance appraisal. Verification of information through feedback.

68 CURRENT INDUSTRIAL AND GOVERNMENT PRACTICES
Checking the accuracy of work. Keep track of information or work progress. Preparation for meetings and presentations. Organizing information or materials. Checking the accuracy of reports.

69 AREAS THAT REQUIRES ATTENTION
Developing Initiative Drive: High motivation for work Energy: Enthusiastic in work place. Self-starter: Does jobs proactively

70 AREAS THAT REQUIRES ATTENTION
Encouraging self management approach Team player: Works in a team, supports and encourages team members. Leader: Defines goals and standards of performance, delegates work. Develops subordinates: Identifies, train & involves people in all activities. Disciplined: Maintains decorum of the workplace, has respect for others

71 AREAS THAT REQUIRES ATTENTION
Facilitating appropriate Communication Articulate: Can communicate. Persuasive: Sticks to a problem until it is resolved. Supportive: Supports subordinates. Confident: Confidence in his values and action.

72 MANAGER AS AN OPTIMIZER
Effective manager is said to be an optimizer in utilizing all the available and potential resources Effective manager is expected to work as an optimizer by focusing on low waste and high goal attainment.

73 COMPONENTS OF MAKING MANAGER AN EFFECTIVE OPTIMIZER
Mentoring Feedback Counseling Discipline

74 ENVIRONMENTAL ISSUES IN MANAGERIAL EFFECTIVENESS
UNIT - IV ENVIRONMENTAL ISSUES IN MANAGERIAL EFFECTIVENESS

75 ENVIRONMENTAL ISSUES IN MANAGERIAL EFFECTIVENESS
Changes in Social Environment Changes in Economic Environment Changes in Technical Environment Changes in Political Environment Changes in International Environment

76 Changes in Social Environment
Population Explosion: New jobs, New method of production and modes of living Educational Level: Eradicate literacy. Increase Education level. Educated consumers &Workers. Leisure Time: Reduced work hrs. Increased automation. Tourism/Part time Jobs. Public Opinion: If people distrust market system, they prefer government controls.

77 Changes in Economic Environment
Environment will not remain confined to land but would extend to ocean and space. Business Competition crosses national borders. Big organizations continue to grow. Small firms will be needed to serve as feeders to larger ones.

78 Changes in Technological Environment
Automation: Jobs become routine and unchallenging. Robots created job-insecurity. Future organisation will be highly automated man-machine system Information Technology: Electronic equipment to collect and process data Simulation of higher order thinking

79 Changes in Political Environment
Greater government interfaces to safeguard the interest of workers, consumers & public. Government may restrict the scope of private sectors in certain areas. Financial units will take active part in the policy formulation of the firms whom they have advanced funds.

80 Changes in International Environment
Multilateral trade among the nations will increase. The role of IMF, world bank and others will change changes the globalization of economies. The number of MNCs will increase.

81 PURPOSE OF ORGANIZING Facilitates Administration
Facilitates growth and direction Facilitates adoption of new technology Stimulates creativity and initiative Intensive use of human resource

82 ORGANIZATIONAL PROCESSES
Planning Communication Problem-Solving and Decision–Making Monitoring and Evaluation

83 IMPORTANCE OF ORGANISATION
Optimum Utilization Of Resources Ensures Co-ordination Facilitates Effective Management Motivate Personnel Facilitates Delegation Of Authority Encourages Initiative And Innovation Technological Improvements Facilitates Growth

84 ORGANISATION AS A PROCESS
Division of work Grouping of activities Assignment of duties Delegation of authority Defining relationship

85 ORGANIZATIONAL CLIMATE
Organizational climate is a set of properties of the work environment, perceived directly or indirectly by the employees, that is assumed to be a major force in influencing employee behavior.

86 CHARACTERISTICS OF ORGANIZATIONAL CLIMATE
General Perception: Organizational climate is a general expression of what the organization is. Qualitative Concept: It is an abstract and intangible concept. It is difficult to explain the components of organizational climate in quantifiable units. Distinct Identity: It reflects how an organization is different from other organizations. Enduring quality: Represents a relatively enduring quality of the internal environment that is experienced by the organizational members. Multi – dimensional concept: Individual autonomy, authority structure, leadership style, pattern of communication, degree of conflicts and cooperation, etc.

87 FACTORS INFLUENCING ORGANIZATIONAL CLIMATE
Organizational context – mission, goals and objectives, function, etc. Organization structure – size, degree of centralization and operating procedures. Leadership process – leadership styles, communication, decision-making and related processes. Physical environment – employee safety, environmental stresses and physical space characteristics. Organizational values and norms – conformity, loyalty, impersonality and reciprocity. Overt & Covert factors of Organization climate Open factor: Hierarchy, Goals of organisation, Skills and abilities of employees Closed factor: Values, attitudes, Norms

88 APPROACHES TO LEADERSHIP
Early Approaches Contemporary Approaches Trait Theory Behaviour Theory Situational Theory Transactional –Transformational Leaders Charismatic Leadership Theory Stogdill’s Trait Factor University Iowa Studies Fiedler’s Contingency Model Leader Continuum Hersey and Blanchard’s Situational Leadership Ghiselli ‘s Personal Traits Ohio State University Studies Leadership Participation Michingan Research Tannenbaum & Schmidt’s Situational Continuum Managerial Grid Path Goal Theory Reddin’s Three Dimensional Model

89 STOGDILL’S TRAIT FACTORS
Intelligence Physical Features Inner Motivation Drive Maturity Vision and Foresight Acceptance of Responsibility Open-mind and Adaptability Self-Confidence Human Relations Attitude Fairness of Objectivity

90 GHISELLI ‘S PERSONAL TRAITS
Very Important Decisiveness Intellectual capacity Job achievement orientation Self-actualization feelings Self-confidence Management ability – Team builder Moderately Important Affinity for working class Drive and initiative Need for a lot of money Need for job security Personal maturity Almost No Importance Masculinity versus femininity

91 UNIVERSITY IOWA STUDIES
Behaviour Theories are based on Employee-Centered Job-Centered University Iowa Studies Autocratic Leadership Style Democratic Leadership Style

92 LEADER CONTINUUM Autocratic Laissez – Faire Democratic
Benevolent Autocrat

93 OHIO STATE UNIVERSITY STUDIES
Initiating Structure Consideration The findings of the study: Initiating Structure: Positively related to performance and negatively related to absenteeism & Grievances. Consideration: Negatively related to performance and positively related to absenteeism & Grievances. Both: High performance and satisfaction

94 MICHINGAN RESEARCH Employee Centered Behaviour
Production Centered Behaviour Leaders will not be able to have an employee centered behaviour and production centered behaviour at the same time. Employee Centered Job Centered

95 MANAGERIAL GRID Concern for Production Concern for People

96 FIEDLER’S CONTINGENCY MODEL
Task-oriented or controlling: Leader gains satisfaction from seeing tasks performed Relationship-oriented or considerate: Leader tries to achieve good interpersonal relations with the subordinates.

97 HERSEY AND BLANCHARD’S SITUATIONAL LEADERSHIP

98 LEADERSHIP PARTICIPATION
Leadership Styles Decide: Leader makes the decision alone and either announces or sells it to the group. Consult Individually: Leader presents the problem to group members individually and get their suggestions. Consult Group: Leader presents the problem to group in a meeting and then makes a decision. Facilitate: Leader presents the group about the problem and the boundaries within which a decision should be made. Delegate: Leader permits the group to make the decision within prescribed limits.

99 TANNENBAUM AND SCHMIDT’S SITUATIONAL CONTINUUM

100 PATH GOAL THEORY The theory states that a leader's behavior is dependent to the satisfaction, motivation and performance of her or his subordinates.

101 REDDIN’S THREE DIMENSIONAL MODEL

102 Basic Style Less Effective Managerial Style More Effective Managerial Style Separated Deserter Bureaucrat Related Missionary Developer Dedicated Autocrat Benevolent Autocrat Integrated Compromiser Executive

103 High relationship orientation & high task orientation is called as INTEGRATED TYPE.
High relationship orientation & low task orientation is called as RELATED TYPE. Low relationship orientation & high task orientation is called as DEDICATED TYPE. Low relationship orientation & low task orientation is called as SEPARATED TYPE

104 TRANSACTIONAL –TRANSFORMATIONAL LEADERS
Transactional Leaders: Leaders who guide or motivate their followers in the direction of established goals by clarifying role and task requirements. Transformational Leaders: Leaders who inspire followers to transcend their own self-interests and who are capable of having a profound and extraordinary effect on followers.

105 CHARISMATIC LEADERSHIP THEORY
Followers make attributions of heroic or extraordinary leadership abilities when they observe certain behaviors. The leader Communicates an attractive vision. Charismatic leader is the one who use his personal charm to get things done.  This can be an extremely powerful way to lead others.  The leader then communicates high performance expectations and expresses confidence that followers can attain them.

106 GROUP INFLUENCES Group may be defined as two or more individuals interacting and interdependent, who have come together to achieve particular objectives.

107 DIFFERENT TYPES OF GROUPS
Formal group Informal groups Psychological groups– extension of informal groups Virtual Groups Interacting, Co-acting, and Counteracting Groups Open and Closed Groups Closed groups Membership and Referent Groups In and out groups: In

108 FACTORS INFLUENCING GROUP EFFECTIVENESS
Work Team Structure Issues: Goals & Objectives Guidelines Performance measures Role specification. Work Team Process Issues Managing cooperative behaviors Managing competitive behaviors Diversity in Teams Plays a large role in groups’ effectiveness. Members contribute to team in one of four styles: Contributor Collaborator Communicator Challenger Integrator Dissimilarity in Teams Demographic dissimilarity influences absenteeism, commitment, turnover intentions, beliefs, workgroup relationships, self-esteem, and organizational citizenship behavior. Can have positive or negative effects on teams Value dissimilarity negatively related to team involvement Structural Diversity

109 JOB CHALLENGE Job Challenge refers to the opportunity for professionals to make fullest use of their Skills.

110 JOB CHALLENGES FACED BY MANAGERS
Unfamiliar Responsibilities Inherited Problems High Stakes External Pressure Work Across Cultures New Directions Problems with Employees Scope and Scale Influence without authority Work Group Diversity

111 COMPETITIVENESS The degree to which a country can, under free and fair market conditions, produce goods and services which meet the test of international markets, while simultaneously maintaining and expanding the real incomes of its people over the long-term

112 FACTORS INFLUENCING COMPETITIVENESS
Domestic economy Internationalization Government Finance Infrastructure Management Science and technology Quality of people

113 MANAGERIAL STYLES Democratic Style Affliative Style Pacesetting Style
Authoritative Style Coercive Style Coaching Style

114 UNIT V DEVELOPING THE WINNING EDGE
Self Development Negotiation Skill Knowledge Management Developing competitive Spirit Fostering Creativity & Innovation

115 NEGOTIATION Negotiation is a dialogue between two or more people or parties, intended to reach an understanding and resolve point of difference. Skills Required Attitude Personal Skill Knowledge on Problem Defining Outcome Framing & Reframing

116 NEGOTIATION PROCESS Preparation & planning Defining Ground Rules
Clarification & Justification Bargaining & Problem Solving Closure & implementation

117 APPROACHES TO NEGOTIATION
Distributive Bargaining Claiming value / Zero-Sum / Win-Lose A competitive negotiation strategy used to decide how to distribute a fixed resource. Integrative Bargaining Interest Based / Collaborative / Win-Win A negotiation strategy in which parties collaborate to find a win-win solution to a problem

118 ISSUES IN NEGOTIATION Biases in Decision Making Personality Traits
Cultural Differences Third party Negotiation Mediator: Mutually Satisfy & Strengthen Relationship Arbitrator: Authority to dictate an outcome. Advantage is that negotiations they are involved in always results in a settlement. Conciliator: Someone acting only as a communication medium. Consultant: Facilitate problem solving through communication & analysis.

119 KNOWLEDGE MANAGEMENT KM comprise a wide range of strategy and practices used in an organisation to create, identify, store, share and application of knowledge and experience. Components of KM Technology Component Organisation Component People Component

120 DRIVERS OF KM Technology Drivers Process Drivers Knowledge Related
Organisation Drivers HR / Personnel Specific Drivers Financial Drivers

121 KM PROCESS Knowledge Creation Knowledge Storage Knowledge Sharing Knowledge Conversion Process Tacit to Tacit - Socialization Tacit to Explicit - Externalization Explicit to Tacit - Internalization Explicit to Explicit - Communication

122 DIFFICULTIES IN KM Justification of investment in KM
Support from Senior Management Overcoming Cultural Hurdles Encouraging Employees to use and share knowledge Confidentiality Issues Collection & Storage of Wrong Information Measure KM system is not a static system

123 CREATIVITY Creativity is a mental and social process involving the generation of new ides or concepts

124 FOSTERING CREATIVITY Idea Box / Matrix Analysis: Input | Frequency | Subject | Target Group. Heuristic: Rapidly coming to solution that is hoped to be close to best Mind Mapping: Think visually about issues and problems Synectics: Joining together of different unconnected and irrelevant. Metaphor: Ability to link 2 different things

125 FOSTERING CREATIVITY Brainstorming: Discussion
Forced Relationship: Finding relationship between 2 things. Visual Thinking: Graphs, diagrams, charts and Models Morphological Analysis: Work at Various problem and combining them to a new and novel ways. Serendipity: Discover of things by happy accidents or chance.

126 INNOVATION Ability to create something new based on knowledge that has bee attained. Types Product Process Paradigm Radical Systems Incremental Additive Complementing Technology

127 SOURCES OF INNOVATION Unexpected Outcomes Incongruities (Unsuitable)
Process Needs Industry & Market Change Demographic Change Perceptual Changes Knowledge Based Concepts

128 FACTORS INFLUENCING INNOVATION & CREATIVITY
Complex & Challenging Jobs Diversity Coworker Resources Adaptability Conflicts


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