2. CHAPTER 6
MANAGEMENT I N
THE FUTURE
PRESENTOR : JOSE CHRISTIAN HEMBRA
ARTICLES BY: CECILE PATRON
JEAN ENCARNACION AYING
ERWIN PATALINGJUG
EUGENE GADOR
3. SYNTHESIS
INTRODUCTION / SUMMARY
Management st yles have evolve nowadays
responsive t o t he needs of t he present
sit uat ion. Most likely, it is very much at one
t o t he int ernat ional business climat e. I n
t he f ut ure, it is said t hat t he management
will of f er realist ic and prof essional way t o
deal wit h any sit uat ion. Management
st yles will help syst emat ically analyse t he
f ut ure of societ y, t he economy,
t echnology, polit ics and t he biosphere, t o
ident if y f ut ure market s wit hin it , develop
4. SCHEMA : FLOW OF
DI SCUSSI ONS
DEFI NI TI ON
COMPOSI TI ON
DIFFERENT TYPE OF EMPLOYEES
ETHICS OF BUSINESS
ENVIRONMENT OF INTERNATIONAL MANAGEMENT
STRATEGIC MANAGEMENT
STRONG AND WEAK POI NTS
CONCLUSI ON
FOCUS QUESTI ONS
5. DEFINITION
Management in t he f ut ure is t he bridge
bet ween st rat egic management on one side
and f ut ure research on t he ot her side. I t
describes t he t ot alit y of all syst ems,
processes, met hods and t ools f or t he early
recognit ion and analysis of f ut ure
development s and t heir inclusion in
st rat egies.
6. COMPOSITION
DIFFERENT TYPES OF EMPLOYEES
Workers will be more adapt ive t o f ut ure
sit uat ions. Female workers will hold
posit ion commensurat e t o male workers
but t hey will be more concent rat ed in
“womens j obs”. Of t ent imes, due t o t he
availabilit y of t echnically and
prof essionally orient ed workers, workers
will change j obs in every 4-5 years. More
educat ed workers will be replacing t he
less ones and ult imat ely will be leaving t he
10. SOCIAL RESPONSIBILITY, ETHICS
AND VALUES
Three f act ors t hat a good manager
will be j udged:
- response t o social responsibilit y
- et hical behaviour
- values
12. THE ETHICS OF BUSINESS
Oftentimes, businesses are focused more on the
income generation. It fails to consider the logic
of giving. But profit curtails them to do so.
13. MODELS OF SOCIAL RESPONSIBILITY
There are t wo t ypes of social responsibilit ies, t hru :
Tradit ional corporat ion - t he st ockholders t hink
only of maximum prof it s
Met rocorporat ion - it believes t hat it is not only
f or prof it but also it is a maj or
social inst it ut ion and as
such it has an obligat ion
t o societ y t hrough social
proj ect s
14. 3 OVER-RIDING STRATEGIC GOALS
• ef f iciency of operat ions
• management of risk
• adapt at ion t hrough learning and
innovat ion
17. Five income growth stages
1.St art s wit h Tradit ional
2.St art s wit h I ndust rializat ion
3.Count ries have adequat e f inancial
resources t o sust ain cont inued
growt h wit hout dependence t o
out side f unding
18. 4. I ndust rialized societ y
5. Count ries t hat reach t he mass
consumpt ion st age when t he
service sect or cont ribut es heavily
t o t he nat ional out put
21. STRATEGIC MANAGEMENT
I s a set of managerial decisions
and act ions t hat det ermines t he
long-run perf ormance of a
corporat ion. I t aims at keeping
an organizat ion appropriat ely
mat ched t o it s environment t hus
it needs t o perf orm
environment al analysis, est ablish
organizat ional direct ion,
f ormulat e and implement
22. BENEFITS OF STRATEGIC MANAGEMENT
I ncrease level of prof it s
I ncrease commit ment of
organizat ions members in t he
at t ainment of long-t erm
organizat ional goals
Minimize t he organizat ions negat ive
react ions t o movement wit hin t he
market place or by compet it ive
react ions t hat would put t he
23. DESCRIPTIVE MODEL OF STRATEGIC
MANAGEMENT
1. environment scanning
2. st rat egy f ormulat ion
3. st rat egy implement at ion
4. evaluat ion and cont rol
24. STRONG AND WEAK POINTS
STRONG POINTS :
1. Management in t he f ut ure will be a
very f avourable t o highly
educat ed populace
2. Management in t he f ut ure will be
based on t he capabilit y of it s
managers t o cope-up wit h t he rise of
qualit y managers bot h locally and
25. Weak Points :
1. The less educat ed will be
disenf ranchised
2. Management in t he f ut ure will t end
t o dest roy small ent erprises who
cannot avail t he services of
compet it ive managerial skills
26. CONCLUSION
Management if t he Fut ure will come and
nobody can st op it . I conclude t hat it
might dest roy t he small f inancial
organizat ions which cannot cope up wit h
t he abrupt rise of economic burst due t o
t he emergence of sophist icat ed
managers but in general, it would benef it
t he nat ion. For managers of high caliber
will be t he ones dominat ing t he count ry’s
economy not sacrif icing our environment
f or a more viable and responsive economy
managed by t he Managers in t he Fut ure.
27. FOCUS QUESTIONS
1. Can t he Philippines cope-up wit h
t he st rat egies of f ut ure
managers? How?
2. Do you t hink t hat Management in
t he Fut ure will be able t o address
our present economic sit uat ion?
Explain your answer.