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Friday, November 2, 2007

Manager means ... (HRM 2/12)

Take Away:
from lecture,

Manager => {Plan,organize,lead and control}
Mintzberg Manager Roles:
  • Figurehead
  • Leader
  • Liaison
  • Spokesperson
  • Negotiator
Manager Traits => comfortable dealing with people, enjoying working in supervisory,career anchor

Manager General Skills => {Technical,Interpersonal,Conceptual,Communication}
Specific = {Budgeting,Delegation,Coaching,Disciplining,Managing conflict,Running productive meetings}

EQ,IQ,AQ,FQ,SQ,CQ,MQ
  • Adversity
  • Financial
  • Spiritual
  • Culture
  • Moral

=Fundamental Changes Facing Managers=

Changes
  • Explosion of technological innovation
  • Globalization of markets & Competition
  • Deregulation
  • Changing demographics
  • New political Systems
  • Category killers
  • Service and Knowledge jobs

Leads to .......................

  • Increased competition
  • Uncertainty,turbulence and rapid change
  • More Consumer choices
  • Mergers and divestitures
  • Joint Venture
  • More Complexity
  • Short product life cycle
  • Market fragmentation
  • More uncertainty for manager
  • Record number of business failures

So Companies Must Be

  • Fast, responsive and adaptive
  • Flat organization
  • Downsized
  • Quality Conscious
  • Empowered
  • Smaller Units
  • Decentralized
  • Human Capital Oriented
  • Boundaryless
  • Values and Vision oriented
  • Team based
Today's management Environment
  • Globalization---------->social,boundaryless,
  • Technological Advances----->pace
  • The Nature of Work------>temp,contract
  • The Workforce---->aging,educated
  • Category Killers--------------->big eat small coy
  • Modern Management Thought
org--->organic----->flat----->flexible
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Quotes

  • You are your thoughts.The thoughts in your head are what institute the laws of attraction. You think therefore you are. - Joe Vitalli, The Laws of Attraction
  • Don't react blatantly in Anger and become a Zero - Papati
  • Don't miss out in the learning values of problems by over-looking the root causes but starting at the occurences - Raj
  • You can do almost anything if you have a steady income. Little or much, what matters is that you can count it, month after month.Without the regular flow of funds, you will be constantly distracted from you goals - Norm & Bo
  • Time is greater than money, you can never really buy time. Don't let time slip away. - Raj
  • Ignore technology advancement and you will either be left behind or you have to fork out more - Raj
  • Without passion nothing happens in life but without compassion the wrong things happen - Jan Eliasson
  • The poorer you are the more you need to plan and act wisely. Any undesired outcome you have little resource to manoeuvre.
  • “Life changes when you least expect it to. The future is uncertain. So, seize this day, seize this moment, and make the most of it.”
  • To get to where you want to go in life you must start from where you are - Tan
  • Maturity does not come with age,it comes with the acceptance of responsibilities - Tan

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