Management ch 3

Top 5 Solution Trends

1. becoming more connected 2. becoming more global 3. becoming more mobile 4. emergence of the creative class 5 increasing collaboration

5 Challenge Trends

1. increasing concern for the environment 2. increase in personalization and customization 3. increase inn innovation 4. increase in complexity 5. increasing competition for talent

Henri Fayol

A french mining engineer, in 1888 he became director of a mining company which was failing. Was able to turn it around and make it profitable again, he helped developed an administrative science and developed principles that he thought all oragnizations needed.

Low future orientation countries

Argentina

low power distance countries

Austrailia

high future orientation countries

China, signapore

Countries with low uncertainity avoidance

Hong Kong and Malaysia

Countries that are not assertive

Sweden and New Zealand

Countries with High Uncertainity Avoidance

Switzerland, Brazil

Power Distance

The extent to which the less powerful members of institutions and organizations expect and accept that power is distributed unequally

Countries that are assertive

US and Austria

wiki

an internet based method for people to collaborate

Frank and Lillian Gilbreth

associates of taylor who were likewise interested in stadardization of work to improve productivity

Fredereik Taylor

developer of scientific management, which deals with the efficient organization of production in the context of a competitive enterprise that has to control its production costs

High power distance counties

france, thailand and brazil

more gender- egaltariate countries

germany netherlands

future orientation

one's expectations and thoughtfulness to his or her future

Sarbanes-Oxley Act

passed in 2002, made companies write a code of ethics

Warren Bennis

pioneered a new theory of leadership that addressed the need for leaders to have vision and to communicate that vision.

countries with low institutional collectivsm

us

Upton SInclair

writer who raised awareness about the awful conditions of the meatpacking industry in his 1906 book, the Jungle

Tom Peters and Robert Waterman

wrote "In Search of Excellence" which desribed the way leaders viewed their relationships with employees and customers

Tom Peters and Robert Waterman

wrote in searchof excellece which described the way leaders viewed their relationships with employees and customers

Male dominated countries

s. korea and egypt

Fayol's 14 principles

specialization/ division of labor authority unity of comand unity of direction disicipline subordination of individual interest remuneration centralizatin line of authority order equity tenure iniative espirit de corps

countries with high instituional collectivsm

sweden

Uncertainity Avoidance

the extent to which members of a society attempt to cope with anxiety by minimizing uncertainity

institutional collectivism

the extent to which people act predominately as a member of a life-long group or organization.

Peter Drucker

the first scholar to write about how to manage knowledge workers