self renewal system

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SUBMITTED BY: RIDDHI MALVIYA SUNANDA GHORAI SELF RENEWAL SYSTEM SUBMITTED TO: MR. GAURAV ASHESH

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Page 1: Self renewal system

SUBMITTED BY: RIDDHI MALVIYASUNANDA GHORAI (B.F.TECH III)

SELF RENEWAL SYSTEM

SUBMITTED TO:MR. GAURAV ASHESH

Page 2: Self renewal system

SELF RENEWAL SYSTEM

Successful cocooning

Rebirth of self esteem

Reevaluation of core

issues and beliefs

Recovery of hope and purpose

Page 3: Self renewal system

SKILLS FOR MANAGING THE CHANGE CYCLE

• The dream or vision is the "driving force for the life structure, a source of passion and values. Visioning or

dreaming the plan

• Launching puts the plan to action; it requires "commitment and personal mission

Launching

• Plateauing is the “art of sustaining a successful life structure. It is knowing how to keep enriching the dream/plan”Plateauing

Page 4: Self renewal system

• This requires coming to terms with negative emotions

Managing the doldrums

• This requires an ability to say farewell with gratitude and clarity, which frees you to this step of the change cycleEnding a life

structure

• This minitransition can be used if the life structure could be improved through some specific changes.

Restructuring

Page 5: Self renewal system

• The transition into a new life structure requires "turning inward to take stock, to find your own basic values, and to disengage emotionally and mentally from the former life structure" .Cocooning

• Following successful cocooning, this step involves a rebirth of self-esteem, a re-evaluation of core issues and beliefs

Self-renewal

• Creativity, learning, risk taking, and networking give one a sense of purpose and power in creating a new life structure

Experimenting

Page 6: Self renewal system

SUB SYSTEMS FOR SELF RENEWAL

SURVEY• A method for collecting quantitative information about items

ACTION RESEARCH• A research initiated to solve an immediate problem

ORGANIZATIONAL DEVELOPMENT INTERVENTIONS• A deliberately planned, organization-wide effort to increase an

organization's effectiveness

ORGANIZATIONAL RETREATS• Allow all team members to share, learn, process

Page 7: Self renewal system

Self-Renewal For Career Development

Finding meaning in our work is critical if we are to avoid stagnation and boredom .

It is the responsibility of each individual to effect the change necessary to reinvent work so that it has personal relevance.

Page 8: Self renewal system

CAREER DEVELOPMENT

Awareness and knowledge of the

strategic challenges of business

Motivation and drive to establish and pursue a goal

Honest assessment of self and skills

Page 9: Self renewal system

ORGANIZATIONAL RESTRUCTURING

Change in the operational

or management

strategy of the

organization

Includes increase or decrease in the number

of management

positions

Includes a shift in the

operations of the

organization

Page 10: Self renewal system

Sale of underutilized assets, such as patents or brands.

Moving of operations such as manufacturing to lower-

cost locations.

Reorganization of functions such as sales, marketing,

and distribution.

Renegotiation of labor contracts to

reduce overhead.

CHARACTERISTICS

Page 11: Self renewal system

Refinancing of corporate debt to reduce interest payments.

A major public relations campaign to reposition the company with consumers.

Forfeiture of all or part of the ownership share by pre restructuring stock holders.

Organizations need insight into where to best utilize talent and find the best fit

between existing employees and the jobs that await them.

Page 12: Self renewal system

To enhance the shareholder’s value

To utilize the  assets properly

To get profitable investment opportunities

To diverse the business 

To reduce cost of capital by designing innovative

securities through corporate restructuring

Cash management and cash generation during

crisis.

Improving the efficiency and productivity through

new investments, R&D and b

usiness engineering.

PURPOSE OF CORPORATE RESTRUCTURING

Page 13: Self renewal system

OBJECTIVES TO FULFILL RESTRUCTURING

Organization must originate a key plan to send its employee for mutual

training and practices.

Management must develop the feeling in employees as

the owners of the origination that will help

enhance their performance

Considering employees as an asset for the firm there

must be certain compensation packages, bonus, incentives apart from the base salary.

Organization must link performance management

with the organizational goals.

TNA must be conducted on daily bases so that

management could know the strength and weakness

of its employees.

Senior managers must perform their roles by

making such decisions that could help employees to provide T&D feedback

Page 14: Self renewal system

The trend that sees individuals

socializing less and retreating into their home more.

The term was coined in the

1990s.

Video rentals is one of the glaring

examples. 

Cocooning

Page 15: Self renewal system

A balance between

private and professional

life.

A smooth integration that leads to

higher productivity

and personal

satisfaction.

The convenienc

e of not having to

leave home to avail of

their services. 

Can minimize

loss of time.

Is flexible to be

available. 

REASONS FOR COCOONING

Page 16: Self renewal system

Process by which businesses

negotiate their role in society .

A built-in and self-regulating

mechanism.

Goal - Embrace responsibility and

encourage a positive impact.

CORPORATE SOCIAL RESPONSIBILITY

Page 17: Self renewal system

WHY ARE COMPANIES ENGAGED IN CSR ?

Help organizations hire and retain the people they want

Contribute to business performance

Page 18: Self renewal system

ECONOMIC DIMENSION

The duty of the managers is to maximize stockholder’s

wealth.

How resources for the production of goods and services are distributed

within the social system.

Page 19: Self renewal system

LEGAL DIMENSION

Refers to obeying governmental laws and regulations.

Civil law: Rights & duties of individuals and organizations.

Criminal law: Prohibits specific actions and imposes fines and/or imprisonment .

Page 20: Self renewal system

ETHICAL DIMENSION

Behavior that is expected or prohibited by

organizational members and society .

Standards, norms, or expectations that reflect

the concern of major stakeholders.

Page 21: Self renewal system

PHILANTHROPIC DIMENSION

Will not enhance corporate reputation

Fails to live up to its philanthropic image

If consumers perceive philanthropy to be

manipulative

Give money or time or in kind to

charity

Integrative philanthropy

Page 22: Self renewal system

THANK YOU