Emerging Management Issues and Challenges

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Emerging Management Issues

And Challenges

Group – 6
Shaishav Kumar Dahal(106)
Aishwarya Dhakal(130)
Kritagya Raj Upadhaya(118)
Yogendra Bhadur shrestha(112)
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Sushant Gautam(124)
Emerging Management Challenges
• Globalization
• Development of Environment
• Quality and Productivity
• Ethics and Social Responsibility
• Innovation and Change
• Technological Development
• Knowledge Management
• Work Force Diversity
• Multicultural Effects
• Empowerment of Employees
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Globalization
• EXPANDING BUSINESS IN MORE THAN ONE
COUNTRIES.
• THE PROCESS OF GLOBALIZATION,HOWEVER HAS
MARKED SINCE 1980’S
• THERE ARE 3 REASON FOR THIS:
1. THE SPREAD OF MARKET BASED ECONOMIC SYSTEM.
2. FALLING BARRIERS TO INTERNATIONAL TRADE AND
FOREIGN DIRECT INVESTMENT.
3. TUMBLING COMMUNICATION AND TRANSPOTATION
COST.

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DEVELOPMENT OF
ENVIRONMENTALISM
• MAJOR ISSUES IN MANAGEMENT.
• ISSUES INVOLVE TOXIC WASTE,GLOBAL
WARMING,E.T.C
• DRAW ATTENTION OF DIFFERENT
SOCIAL,BUSINESS N POLITICAL INSTITUTE.
• MASNAGER HAVE CHALLENGE TO DEVELOP
CREATIVE WAY TO MAKE PROFIT.

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Ethical
Consideration

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 Conception of right and wrong conduct.
 Deals with human relationships.
 Judges our behavior as moral or
immoral.
 Application of general
ethical ideas to
business behavior.

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Any entity, whether state, govt. or corp.
has a responsible to society.
 Corporate social responsibility.
 Invest in communities.
 Minimize environmental
footprint.
 Treat with respect and
dignity.
 Be responsive to customers.
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Social
Consideration

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Quality and
Productivity

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• That best fulfills the particular needs
of consumers at a price that they are
willing to pay.
• Consumer loyalty.
• Lower level of complaints.
• Longer product life cycles.
• Less promotion.
• Higher price.
• Better corporate image.
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Quality Control Techniques

Inspection and testing.


 Random sampling.
 Delegating workforce for QC.
 Quality control charts and statistical measures to
control quality.

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Innovation and Change

• What Is Innovation?
– Turning the outcomes of the creative process into
useful products, services, or work methods

Inputs Transformation Output

Creative Creative Innovative


Individuals,Group Environment,Pro Products,work
s,Organization cess,Situation Methods

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Innovation And change (Contd..)
• What Is Change?
Organizational Change
-Any alterations in the
people, structure, or
technology of an
organization

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Technological Development
• Components Of Technological Development
-Choice of Technology
-Needs identification
-Acquisition
-Management and utilization
-Upgrade and Maintenance
-Information and Communication Technology

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Workforce Diversity And Multi –
Cultural Effects
• Multiculturalism a broad issue
• Diversity exist in any organization

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Factors of

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• Age distribution
• Gender
• Ethnicity
• Physically challenged
• Single parents
• People with special dietary
preferences
• Political ideologies
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Managing Diversity

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• Individual Strategies
– Understanding
– Empathy
– Tolerence
– Willingness to communicate
– Diversity and multicultural training
• Organizational Approaches
– Policies
– Practices

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Empowerment of
Employees

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• Demonstrate That You Value People
• Share Leadership Vision
• Share Goals and Direction
• Trust People
• Provide Information for Decision Making
• Delegate Authority and Impact Opportunities, Not
Just More Work
• Provide Frequent Feedback
• Solve Problems: Don't Pinpoint Problem People
• Listen to Learn and Ask Questions for Guidance
• Help Employees Feel Rewarded for Empowered
Behavior
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Conclusion
• Challenges cannot be predicted
• No one way of solving a problem
• Uneven patterns
• Achieving economic
diversification
• Steering Growth
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!!!!!! Thank you !!!!!!

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Have A Great Day
Any Queries???

1/8/2012

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