ch01-our new work plac

8/3/2019 Ch01-Our New Work Plac

1/21

Module1

OUR NEW WORK PLACE

This is no time for complacency What issues and concerns complicate the new workplace? What are organizations like as work settings?

Chapter-1


2/21

OUR NEW WORK PLACE

Key Issues and ConcernsMODULE GUIDE 1.1

Failure of ethics and corporategovernance are troublesome

Globalization and job migration arechanging the world at work

Diversity and discrimination are

continuing social prioritiesTalent and intellectual capital drive high

performance organizations


3/21

KEY ISSUES AND CONCERNS

Ethics and Corporate Governance

Ethics

A code of moral standards of conduct for

what is good and right as opposed to

what is bad or wrong.

Corporate Governance

The active oversight of managementdecisions, corporate strategy and financial

reporting by the Board of Directors


4/21


Ethics and Corporate Governance

Ethical Issues and Concerns

Failures of Business Leaders

Enron

WorldCom

Failures in Corporate Governance

Board of DirectorsBoard of Trustees


5/21


Globalization

Globalization

The worldwide independence of resource flows,

product markets and business competition.

Global Outsourcing

Purchasing products or subcontracting labor to

foreign countries.

Job Migration

The shifting of jobs from one country to another.


6/21


7/21


Diversity

Women are 47% of the U.S. workforce and hold50.3% of managerial jobs.

African-Americans are 13.8% of the workforce andhold 6.5% of managerial jobs.

Hispanics are 11.1% of the workforce and hold 5%of managerial jobs.

Women hold 14.7% of board seats at Fortune 500companies; women of color hold 3.4%.

For each $1 earned by men, women earn 76 cents;African-American women earn 64 cents; Hispanicwomen earn 52 cents.


8/21


Diversity

Prejudice

The display of negative irrational

attitudes toward women and minorities.

The Glass Ceiling

An invisible barrier limiting careeradvancement among women and

minorities.


9/21


Intellectual Capital


The collective brainpower or shared

knowledge of an organizationsworkforce.

Intellectual Capital =Competency X Commitment


10/21



Knowledge WorkersMinds and intellect are key assets to

employers

Free Agent EconomyPeople change jobs more often and many workas independent contractors for a mix ofemployers

Self ManagementThe ability to understand oneself, exercise

initiative, accept responsibility and learn fromexperience.


11/21



Shamrock Organization

operates with a core group of full-time long-term workers supported by others who work

on contracts and part-time employees.


12/21

OUR NEW WORK PLACE

Organization as a WorkplaceMODULE GUIDE 1.2

Mission statements express the purposes oforganizations

Organizations are open systems that interact

with their environmentOrganizations create value for customers

and clients

Productivity is a measure of organizationalperformance

Organizations are changing as societychanges


13/21

OUR NEW WORK PLACE

Organization as a Workplace

Organization

A collection of people working together toachieve a common purpose

Organization Purpose

To provide society with good and services

Mission StatementA description of the organizations purpose,

goals, values and priorities.


14/21

ORGANIZATION AS A WORKPLACE

Purpose

Ben & Jerrys Mission StatementProduct Mission

To make, distribute, and sell the finest quality all natural icecream... promoting business practices that respect the earth

and the environment.

Economic Mission

To increase value for our stakeholders and expand opportunitiesfor development and career growth for our employees.

Social Mission

To initiate innovative ways to improve the quality of life locally,nationally, and internationally.


15/21


Environment

Open System

Transforms resource inputs from the environmentinto product outputs


16/21


Value

Value Chain

The sequence of events through whichorganizations create value for their customers

and clients


17/21


Performance

Performance

Productivity

The quantity and quality of work relative to resources

used. Often expressed as a ratio of output / input.

Efficiency

An input measure of the cost of resourcesconsumed.

Effectiveness

An output measure of goal accomplishment.


18/21


Performance


19/21


Change

Key Transitions in Organizations

Less command-and-control Traditional top-down waysare proving inadequate. The old do as I say bosses

are giving way to new how I can help you ones. Involvement and participatory work settings. The goals

are to rally knowledge, experience, and commitment ofall workers.

Commitment to teamwork. Todays organizations areless vertical and more horizontal in focus. They aremore driven by teamwork, pooling talents for creativeproblem solving.


20/21


Change

Key Transitions in OrganizationsEmphasis on technology Changes in computer and

information technology bring continuousopportunities. Technology keeps changing the ways

organizations operate and people work.

New workforce expectations A new generation ofworkers is more informal and less tolerant ofhierarchy. The new generation tends to value

performance merit over status and seniority.

Organizations gain by actively helping peoplebalance work and personal affairs.


21/21

MANAGEMENT TIPS

New workplace survival skills :

Mastery: You must be good at something, to contribute something of valueto youremployer.

Contacts: You must get to know the people who can help you get things done.

Entrepreneurship: You must be willing to take risks, spot opportunities,and stepout to engage them.

Love of technology: You must embrace technology, and be willing and ableto fullyutilize IT.

Marketing: You must create a positive impression, and communicate well yoursuccesses and progress.

Passion for renewal: You must learn and change continuously, to update yourselffor the future.

ch01-our new work plac

Documents