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1.? ×
i - Deals with motivation & management, it is based on following
three beliefs.
a)? × i-(It refers to the emotional orientations people hold with respect of outcomes)
Management must discover what employees values.
b)? i- (Employee has different expectations & levels of confidence about what they
are capable of doing) Management must discover what resources, training or supervision
employees need.
c)? ½
i- (The perception of employee whether they are capable of doing)
Management must ensure that promises of rewards and fulfilled & that employees are
aware of that.
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ong-term employment ʹ collective decision making ʹ individual responsibility ʹ slow evaluation
& promotion ʹ informal control ʹ moderate specialized career paths - & a holistic concern for
the employee. Including employees family etc. effect people performance at work
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Managers to avoid ͞The activity Trap͟ , getting so involved in their day-to-day activities that they
forgot their main purpose or objective. All employees should be encouraged to participate in the
strategic planning process, and setting goals in order to successfully implement project plans
1.?
)'Principles are
a.? Cascading of organization goals and objectives
b.? Specific objectives for each member
c.? Participative decision making
d.? Explicit time period, and
e.? Performance evolution and feedback
2.?
)'also introduced the,
$- method
a.? Specific
b.? Measurable
c.? Achivable
d.? Realistic
e.? Time- method
5.? )
.
Benchmarking method is used for professionalizing the organization/Processes. It is systematic
comparison of organizational process and performance to create new standards or important
processes
1.? There four types Benchmarking Methods
a.? Internal ʹ Between business units & departments
b.? Competitive ʹ between competitors
c.? Functional - between similar processes within industry
d.? Generic ʹ between unrelated industries
2.? Typically benchmarking involves following stepsi-
a.? Scope defining
b.? Choose benchmarking partners
c.? Determine measurement method, units, indicators & data collection methods
d.? Data collection
e.? Analysis of discrepancies
f.? Present the result and discuss implications/improvements of goals
g.? Make improvement plans or new procedures
h.? Monitor progress and plan ongoing benchmark.
*? )
Brainstorming method is a semi-structured creative group activity, used most often in ad-hoc
business meetings to come up with new ideas for innovation or improvement. The idea behind
it is that a group people can achieve a higher (Synergy) level of creativity than a sum of the
participants separately.
Rules for conducting Brainstormingi
1.? Participants should be encouraged to come up new ideas, however wide they opinions are
(that is why it is also called war room).
2.? Ao judgment should be passed on any idea until end of the session, weather positive or
negativei and
3.? Participants should be encouraged to built on each other͛s ideas, creating unlike
combinations and talking each one in unequal directions
Brainstorming is most effective to generate lot of ideas in a short timeframe.
1.? ^igh hygiene + ^igh motivationi Employees satisfied and motivated(Ideal Solution)
2.? ^igh hygiene + ow motivationi Employees have fewer complaints, but not motivated
3.? ow hygiene + ^igh motivationi Employees have high complaints, though complaints
4.? ow hygiene + ow motivationi worst situation.
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According to the model, the effectiveness of decision depends upon a number of aspects of the
situationi
a.? The importance of the decision quality
b.? The amount of decision acceptance
c.? The amount of relevant information processed
d.? The likelihood that subordinates will accept an autocratic decision
e.? The likelihood that subordinates will cooperate in trying to make good decision if
allowed to participate
f.? The amount disagreement among subordinates with respect to their preferred
alternatives.
!ºc5
The Kaizen method is continuous improvements is an original Japanese management concept.
Kaizen Philosophy lies behind many Japanese management concepts, such as Total Quality
Control, Quality Control Circles etc. Key elements of Kaizen are Quality, effort and involvement
of all employees, willingness to change, and communication.
1)? The foundation of the Kaizen method consists of 5 elementsi
a.? Teamwork
b.? Personal discipline
c.? Improved morale
d.? Quality circles, and
e.? Suggestions for improvement
2)? Out of this 3 ʹ key factors in K Arise
a.? Elimination of waste and inefficiency
b.? Good housekeeping and discipline
c.? Standardization
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1.? The 6 itself
2.? The 6
8 and
3.? The 6
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c /,
is a Value Based Management (VBM) that describes how one can
holistically & effectively organize a company, Together these following factors determine the
way in which a corporate operatesi
!? ,×(what does an organization stands for and what it believes in. central beliefs
and attributes)
? , (Plans for the allocation of firms scarce resources, over time, to reach identified
goals, Environment, competition, customers)
£? ,(organizational structure ʹ functional, matrix, or Projectized)
º? ,
(The procedures, processes and routines that characterized how important work is
to be donei Financial systems, recruitment systems, promotion and performance appraisal
system, information systems)
? ,(Aumber and types of personal within the organization)
*? , (cultural style of the organization and how key managers behave in achieving the
organization͛s goals)
/? ,.(distinctive capabilities of personal or the organizational as a whole)
!?,* 6'
Following seven surprises are most common for new CEO
1.? You can͛t run the company ʹ if you focus on daily operations
2.? Giving orders is very costly ʹ your position does not confer the right to lead, but to be
involved in defining organizations strategies.
3.? It is hard to know what is really going on
4.? You are always sending message
5.? You are not the Boss, to provide Services/Support
6.? Pleasing shareholders is not the goal, you need manage stakeholders expectations
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?6- 7
The business reputation model has the following 6 drivers of corporate reputation with
subsequent 20 attributes
1.? Emotional appeal
a.? Good feeling about the Company
b.? Admire and respect the Company
c.? Trust the Company
2.? Products and Services
a.? Stands behind Products/Services
b.? Offers high quality Products/Services
c.? Develops innovative Products/Services
d.? Offers Products/Services that are good value.
3.? Vision and e3adership
a.? ^as excellent leadership
b.? ^as a clear vision for the future
c.? Recognizes/Takes advantage of market opportunities
4.? Workplace environment
a.? Is well managed
b.? ooks like a good company to work for
c.? ook like it has good employees
5.? Financial performance
a.? Record of profitably
b.? ooks like low risk investment
c.? Strong perspective for future growth
d.? Trends to outperform its competitors
6.? Social Responsibility
a.? Supports good causes
b.? Environmentally responsible
c.? Treats people well