This document discusses emerging management issues and challenges, including changing organizational perspectives due to more flexible and temporary jobs, globalization requiring thinking globally and acting locally, quality assurance and continuous productivity improvement, ethics and social responsibility, innovation and change to keep up with new technologies and ideas, managing a diverse workforce, empowering employees, utilizing new technologies, managing relationships with customers, workplace spirituality beyond organized practices, and knowledge management through sharing and refining organizational knowledge. The presentation was given by Vishal Koirala on these topics.
2. Types of Issues and Challenges
Changing Organizational Perspective
Globalization of Business
Quality assurance and productivity
Ethics and social responsibility
Corporate governance
Innovation and change
4. Changing Organizational
Perspective
The perspective and thinking about the
organization is changed a lot. At past
organization was focused on
inflexible, manager should be stable, jobfocused. There were permanent jobs.
Staffs work as per the command of the
manager or higher level but now days
manger should be skilled. He should work
on team or command a team. There are
lots of temporary jobs . If u don’t finish
your job at a time your job gone.
5. The world economy is becoming
increasing global in character.
Manager will be involved in the
management of global organization.
They will need to think globally and
act locally.
Today more than one fourth of all
goods produced worldwide cross the
national boundaries. So it is one of
the main emerging challenges.
6. Quality Assurance and Productivity
Now-days the qualities of the goods and
services has become quality of their
goods and services
There must be continuous
improvement in quality.
Quality improvement has no boundary. It
is the race without final line.
7. Ethics, Social Responsibility & Corporate
An organization should be responsible towards
shareholders, employees, customers, society
and nation. Now-days social responsibilities
has become compulsory not a subject of
discussion. How to fulfill social responsibility is
also a challenge for management. The concept
of corporate social responsibility has
developed. Social responsibility means
obligation of business organizations towards
society community, people, share holders, etc.
To provide quality product at affordable
price, to develop more and more employment
opportunities, to carry out different
development activities in society, to control
pollution are some social responsibilities of
business organizations.
8. Innovation and Change
Management must pay attention on
innovation and change. Otherwise,
they would go out of business. Rapid
innovations are taking place in
technology, product and service.
Product lifecycle is getting shorter and
shorter. Product needs continuous
improvement if the life span is to be
made long. New ideas, new
techniques, new methods are being
innovated; there must be new
inventions of ideas, new invention of
product. Old and outdated product
cannot satisfy customers
9. Workforce Diversity
Organizations are becoming heterogeneous in
terms of ethnicity, gender, nationality, age
group,
etc.
People
having
different
religions, different nationality works together
under one roof. Different people have different
nature and they show different behavior
because they come from different background.
How to manage such diversified workforce is a
great challenge for managers. If such diversified
workforce is managed properly, organization will
be highly benefited because they also bring
diversified skill and knowledge.
10. Empowerment
The manager should provide
the works full control over
their works by promoting
self managed teams on
encouraging maximum
participation, more
information is provided to
employees to make them
aware of problems of their
organization.
11. Technology
How to utilize advanced and sophisticated technology has
become another challenge for management. Tremendous
advancement has been made in production, distribution and
information technology. Introduction of internet, email and
other electronic media, have benefitted organizations in the
field of productions, distribution and other areas of business.
Organization must train their employees about new
technology. Only with new technology, Organization can
compete with other competitors.
12. Relationship Management
Relationship management can be
between a business and costumers.
It is the focus of the financial and
investing industries.
Customer Service, Professional
Networking, Partnership Team Building.
13. Workplace Spirituality
It is not about
organized
practices. It’s not
about theology of
about one’s
spiritual leaders.
Workplace
spirituality is
about recognizing
that takes place in
the context of an
organizational
community
Organizational
members know
why the
organization exits
and what it values
14. Knowledge Management
Knowledge management is the systematic
management of an organization's knowledge assets
for the purpose of creating value and meeting tactical
& strategic requirements; it consists of the
initiatives, processes, strategies, and systems that
sustain
and
enhance
the
storage, assessment, sharing, refinement, and
creation
of
knowledge.
15. Acknowledgement
Thanks to Mr. Ashok Basnet for giving me chance
to present my ideas on
Emerging Management Issues and Challenges