ltc pp mgt330_wk2 copyright 2013 edward f. t. charfauros. reference,
DESCRIPTION
Edward F. T. Charfauros, inspiring author, assists fellow students with their presentation for a successful grade. He also blogs upon his own inspiring blog, where you'll discover life changing stuff. Sign up for his blog by sending him an email~ Copyright 2013 Edward F. T. Charfauros. Reference, www.YourBlogorResume.net.TRANSCRIPT
Presented by
Celine Israel, Kodi Womack, Tawnya Tunudra, Edward Charfauros
AGENDA
• Four Functions of Management
• Internal and External
• Globalization and Innovation
• Technology
• Diversity
• Ethics
• References
• Questions & Answers
Four Functions of Management
•Planning : Delivering Strategic Value
•Organizing: Building a Dynamic
Organization
•Leading: Mobilizing People
•Controlling: Learning and Changing
Internal and External
• Strategic Planning – involves making decision about the organization’s long-term goals and strategies.
• Strategic Management – process has six major components:
• Establishment of mission,vision, and goals• Internal strengths and weaknesses• External opportunities and threats• SWOT – strengths, weaknesses, opportunities and
threats• Strategy implementation and strategic control
Globalization and Innovation
• Process of interaction• Affects management
through– Customer base –
whole world available– Employees – transfer
internationally– Competition –
increased• Good leaders able to
adapt to global characteristics
• Introduction of new goods & services
• Most productive in delivery• Driven by globalization• Companies must innovate
InnovationGlobalization
Technology
• Pros:• Promotes high-performance• Expedites communication• Virtual opportunities• Facilitates globalization
• Cons:• Stressors of electronic communication• Causes distractions• Evolving boundaries• Increases operational costs
Diversity
• Pros:• Produces creativity and innovation• Leverage broader range of talent• Provides opportunity for growth and enrichment• Promotes teamwork and problem-solving skills
• Cons:• Lack of cohesiveness • Communication issues• Stereotyping and discrimination
Ethics
• Ethical Systems– Moral Philosophy – Universalism– Caux Principles
• Egoism and Utilitarianism• Relativism• Virtue Ethics
– Kohlberg’s Model of Cognitive Moral Development
• Business Ethics • The Ethics Environment
– Ethical Climate – Ethics Codes
• Ethics Programs
• Ethical Decision Making • Courage
References
• T. S. Bateman and S. A. Snell. (2009). Management: Leading & Collaborating in a Competitive World, Eighth Edition. ISBN: 9780073381428. Copyright © 2009 McGraw-Hill, a business unit of the McGraw-Hill Companies, Inc.
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