...Stephen P Robbins and Mary Coulter defines management as “The process of getting activities completed efficiently and effectively with and through other people.” The process deals with the functions carried out by management which are: planning, organizing, controlling and leading. One of the earliest management theorist’s Henri Feyol (1949) introduced the principles of management in the early 1900s. The main purpose for developing these principles, were to improve efficiency within organizations and certainly this was truly achieved. These fourteen principles are: Division of work, authority, discipline, unity of command, unity of direction, subordination of individual interest to the general interest, remuneration, centralization, scalar chain (line of authority), order, equity, stability of tenure of personnel, initiative and esprit de corps. Author Peter Drucker (1909-2005) later introduced what we call today the ‘new’ principles of management which were similar to that of Henri Feyol. Although there are only five (5) principles set out by Drucker, they are still very quite beneficial in organizations today. These principles of management are: to set objectives, organizing, motivating and communicating, establishing measurements of performance and developing people. We shall focus on these five principles in the first half of this paper. Druker’s first principle states that before any plan can be executed, managers needed to set objectives. In Setting objectives and...
Words: 1526 - Pages: 7
...A Political Perspective on Leadership Emergence, Stability, and Change in Organizational Networks Author(s): John Bryson and George Kelley Source: The Academy of Management Review, Vol. 3, No. 4 (Oct., 1978), pp. 713-723 Published by: Academy of Management Stable URL: http://www.jstor.org/stable/257927 Accessed: 04-07-2015 06:28 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://www.jstor.org/page/ info/about/policies/terms.jsp JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Academy of Management is collaborating with JSTOR to digitize, preserve and extend access to The Academy of Management Review. http://www.jstor.org This content downloaded from 204.107.115.37 on Sat, 04 Jul 2015 06:28:43 UTC All use subject to JSTOR Terms and Conditions A Political Perspective on Leadership Emergence, Stability, and in Organizational Networks Change JOHN BRYSON University of Minnesota GEORGEKELLEY University of Wisconsin A political approach to leadership in organizational networks is presented. From a review primarilyof the political science and public administrationliteratures, a theoretical...
Words: 6797 - Pages: 28
...(1970s- Era of welfare state challenges) • A series of developments predicted welfare state crises, cutbacks and retrenchment • The irreversible nature of welfare state expansion could no longer assumed • Why's the 1970s crisis different? ○ Historically there has been references to welfare state crisis (See Pierson, 2006:144-145) ○ What was the significant about 1970s was the convergence of Crises/Challenges • Convergence of crisis ○ Economic § Economic recession in the 1970s: rising level of unemployment and inflation, decline in tax revenue. § Rising costs of welfare state: Continuous demand for additional social expenditure and new services. § Globalization: Limited the policy scope of national governments ○ Social...
Words: 292 - Pages: 2
...Social Enterprises as Hybrid Organizations: A Review and Research Agenda* Bob Doherty, Helen Haugh1 and Fergus Lyon2 The York Management School, University of York, Freboys Lane, York YO10 5GD, UK, 1Judge Business School, University of Cambridge, Trumpington Street, Cambridge CB2 1AG, UK, and 2Middlesex University, The Burroughs, London NW4 4BT, UK Corresponding author email: bob.doherty@york.ac.uk The impacts of the global economic crisis of 2008, the intractable problems of persistent poverty and environmental change have focused attention on organizations that combine enterprise with an embedded social purpose. Scholarly interest in social enterprise (SE) has progressed beyond the early focus on definitions and context to investigate their management and performance. From a review of the SE literature, the authors identify hybridity, the pursuit of the dual mission of financial sustainability and social purpose, as the defining characteristic of SEs.They assess the impact of hybridity on the management of the SE mission, financial resource acquisition and human resource mobilization, and present a framework for understanding the tensions and trade-offs resulting from hybridity. By examining the influence of dual mission and conflicting institutional logics on SE management the authors suggest future research directions for theory development for SE and hybrid organizations more generally. Introduction The phenomenon of social enterprise (SE) has attracted...
Words: 14316 - Pages: 58
...1. Labour or Industrial Relations. The term labour relations, also known as industrial relations, refers to the system in which employers, workers and their representatives and, directly or indirectly, the government interact to set the ground rules for the governance of work relationships. It also describes a field of study dedicated to examining such relationships. The field is an outgrowth of the industrial revolution, whose excesses led to the emergence of trade unions to represent workers and to the development of collective labour relations. A labour or industrial relations system reflects the interaction between the main actors in it: the state, the employer (or employers or an employers’ association), trade unions and employees (who may participate or not in unions and other bodies affording workers’ representation). The phrases “labour relations” and “industrial relations” are also used in connection with various forms of workers’ participation; they can also encompass individual employment relationships between an employer and a worker under a written or implied contract of employment, although these are usually referred to as “employment relations”. There is considerable variation in the use of the terms, partly reflecting the evolving nature of the field over time and place. There is general agreement, however, that the field embraces collective bargaining, various forms of workers’ participation (such as works councils and joint health and safety committees) and mechanisms...
Words: 2478 - Pages: 10
...Draft Paper—please do not reference without the author’s permission Paper for Cornell –PKU Conference, June 9-11, 2008, Ithaca Legal Myth on Emergence of Social Enterprises in China By JIN Jinping∗∗ Abstract Is social enterprise a new form of organization, differ from for-profit ones and not-for-profit ones? The article tries to answer this question. The social enterprises seem blur the boundary between for-profit and not-for-profit in the objects, while they don’t break though the distinction between for-profit organization and not-for-profit organization, and the rules applied respectively. However the social enterprises can enjoy some special treatment, not base on the form of organization, but on the social benefit of their mission. We should deal with social enterprises and pure business enterprises differently, and shouldn’t ask the later to offer what they needn’t. Key words: Social Enterprises; Corporate Social Responsibility; Community Interest Company; the Triple Bottom Line PartⅠ. Introduction While “corporate social responsibility” is broadly concerned by the public, a new term “Social Enterprise” has been introduced and is gaining its popularity. There are quite a few incubators for social enterprises in practice, and some foundations have put ∗∗ Jin Jinping, Lecture in Peking University Law School. Email: jinjinping@yahoo.com.cn. 1 social enterprises at their priority list of their grantee.1 The term “Social Enterprise” is ...
Words: 4245 - Pages: 17
...3.0. How to structure a business dissertation Title Page Dedication Acknowledgements Abstract: A summary of the dissertation Table of Contents Introduction: Introduces the study and summaries the state of area prior to the research. This section outlines the problem(s) to be investigated, the aims and objectives of the research and describes the methodologies used. Additionally, an outline of the overall dissertation structure may be included. Literature Review: This accounts the previously written, published and unpublished literature on the selected research topic. The purpose of conducting a review on the existing knowledge and ideas on the topic is to highlight the strengths and weaknesses of the research area whilst defining a guiding concept for the dissertation. To achieve this, four important steps must be followed: concentrate on the relevant theories; break down the topic and define key terms; examine recent research in the area; and conclude with the research questions that will be resolved in the study. Methodology: This section is designed to give the reader a coherent, clear and precise account of how the study was conducted. The section is composed of number of sub-sections which should include: research philosophy, research approach, research strategy, data collection and any problems encountered in the data gathering process, data reliability, validity and generalizability, and finally, ethical issues and possible limitations with the research. Results: ...
Words: 7483 - Pages: 30
...The Innovation Journal: The Public Sector Innovation Journal, Volume 13(3), 2008, article 3. 1 Perspectives on Organizational Change: Systems and Complexity Theories Francis Amagoh Department of Public Administration Kazakhstan Institute of Management, Economics and Strategic Research (KIMEP) Almaty Famagoh@Kimep.Kz OR famagoh@excite.com Abstract It is becoming increasingly important for organizations to gain competitive advantage by being able to manage and survive change. This paper presents two theoretical paradigms (systems and complexity theories) through which organizational change processes can be fruitfully examined. Systems and complexity theories are two valuable perspectives that can equip organizational leaders with the requisite knowledge and understanding of how to respond and adapt to the uncertainties and demands of global change. These two paradigms are particularly useful in the areas of organizational intelligence, organizational design, knowledge management, and corporate strategy, to mention but a few. Key Words: Systems Theory, Complexity Theory, Organizational Change, And Organizational Transformation Introduction The ability of organizations to manage and survive change is becoming increasingly important in an environment where competition and globalization of markets are ever intensifying (Cao and McHugh, 2005: 475). Through the mid-20th century, there had been increased attempts to apply theories of organizational change to...
Words: 5587 - Pages: 23
...SOCIAL ENTREPRENEURSHIP AND ENVIRONMENTAL FACTORS: A CROSS-COUNTRY COMPARISION Research Work International Doctorate in Entrepreneurship and Business Management Department of Business Economics & Administration Author: Elisabet Ferri elisabet.ferri@uab.cat Supervisor: David Urbano david.urbano@uab.cat September 2011 2 ABSTRACT Social entrepreneurship is a subject of growing interest for both academics and governments. However, from the quantitative approach, little is known about the environmental factors that affect this phenomenon. For this reason, the main purpose of the present study is to statistically explore the relationship between environmental factors and social entrepreneurship, as seen through a cross-country comparison and in the light of institutional economics as the conceptual framework. Linear regression analysis is used over a sample of 49 countries to study the impact of formal institutions (public spending, access to finance and governance effectiveness) and informal institutions (social needs, societal attitudes and education) on social entrepreneurial activity. The main findings suggest that, while societal attitudes increase the rates of social entrepreneurship, public spending has a negative relationship with this phenomenon. Contributions of the research are both conceptual, in terms of development in the field of social entrepreneurship from an institutional perspective, and practical, in terms of designing policies to promote social enterprise...
Words: 14759 - Pages: 60
...Course Particulars Faculty: Faculty of Administrative Science and Policy Studies Course Name: Seminar in Public Management Course Code: ADS656 Course Status: Core Program: Bachelor of Administrative Science (Hons) Credit Hours: 3 Contact Hours: 3 Lecturer: Hj Saudi Bin Hj Narani Contact: 0198825985, 082-678481 Email : saudina@sarawak.uitm.edu.my, sjnarani58@gmail.com ------------------------------------------------- Semester: 29 February -19 June, 2016. ------------------------------------------------- ------------------------------------------------- Course Description ------------------------------------------------- The course provides students of administrative science the opportunity to synthesize the various theories and dynamics of public management. The course offers students an understanding of various public management issues arising out of the conventional theoretical approaches to public management as well as the new public management perspective. Issues are identified from the nature of the field and its core functions and solutions are explored from various dimension. The changing faces of public management due to internal and external influences are also critically examined with specific highlight to Malaysian experience. ------------------------------------------------- ------------------------------------------------- Course Outcomes ------------------------------------------------- Upon completion of the course, students...
Words: 1178 - Pages: 5
...and cost reduction. Common trends were noticed across segments with respect to prioritization of IT initiatives and implementation timelines. It had been estimated that globally, emergence of new technologies such as back office virtualization, cloud computing and Service Oriented Architecture (SOA) will reduce absolute spending on IT. Key IT Solutions As part of implementation of strategic IT initiatives, Banks are deploying IT solutions to facilitate automation in transaction management, reporting and risk management. Business Intelligence and analytics initiatives are planned in the near term by Public Banks and in a two to three year window by Private Banks. The deployment of new technologies is gaining momentum, which has the potential to bring far reaching impact in the Banking industry as a whole. Process Improvement Models ISO 27001 seems to be the most actively adopted standard across the banking sector. A large fraction of the private sector banks, are actively adopting process improvement initiatives in line with Six Sigma, which indicates a growing focus on enhancing operational efficiencies. Risk Management Focus on reporting of risk and compliance has increased significantly in line with global as well as regional trends. Automated systems can help a proactive risk management approach, while reducing compliance costs. Banks have shown a fair interest in upgrading...
Words: 445 - Pages: 2
...1. Introduction As part of public sector reform, or new public management, a number of key factors have led to a greater emphasis on establishing, building and sustaining relationships between, within and outside government. The purpose of managing out is to ensure that the public sector develops strong relationships with the external world. This may include groups, organisations or individuals who are users of government services; collectively they are referred to as citizens. Key Factors The key factors underpinning public sector reform include, but are not limited to the following:- - Demand by the public for improved quality of service and improved service delivery. This may also include customisation of services so they are relevant to the individual, community or organisation; - Changes in public policy or direction which includes stakeholder engagement that ensures benefits realisation where the end-user receives the benefits of the project. The New South Wales (NSW) Department of Finance and Services (2011, p. 27), states benefits realisation is “measurable improvement resulting from an outcome which is perceived as an advantage by a stakeholder”; - Requirements for transparency and accountability because of the application of information and communication technologies (ICT) in governance systems and processes. Riley (2002), refers to this concept as e-governance (see Figure 1); - Increased emphasis on partnerships to meet pressures of globalisation and...
Words: 1877 - Pages: 8
...PricewaterhouseCoopers, its members, employees and agents accept no liability and disclaim all responsibility for the consequences of you or anyone else acting, or refraining from acting, in relying upon the information contained in this report or for any decision based on it, or for any consequential, special, incidental or punitive damages to any person or entity for any matter relating to this report even if advised of the possibility of such damages. The member firms of the PricewaterhouseCoopers network (www.pwc. com) provide industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 140,000 people in 149 countries share their thinking, experience and solutions to develop fresh perspectives and practical advice. A growing healthcare sector Healthcare is one of India’s largest sectors, in terms of revenue and employment, and the sector is expanding rapidly. During the 1990s, Indian healthcare grew at a compound annual rate of 16%. Today the total value of...
Words: 6564 - Pages: 27
...Future Challenges for Health Care Management The scope of health care management encompasses administrating how services get delivered to patients, persons delivering services, locations to which services get delivered, and the financing of all involved procedures. In these, institutions like nursing homes, rehabilitation centers, public hospitals, and private clinics get involved. At the same time, groups of service providers and associations play instrumental roles in controlling the quality of services and procedures of implementation (Gururajan, 2012). Thus, health care management encompasses the organization and administration of individual physicians, associations, involved institutions, and control of funds. Quintessentially, the challenges that affect the health care industry concern the functionality of one of these elements. It is worth noting that the industry has continuously faced various challenges related to diseases, aging, health care insurance, and human resource limitations (Benington, 2014). The future challenges for health care management include securing adequate finances for health care operations, training adequate human resources, managing an increasingly aging population of patients, and controlling emerging chronic diseases. Despite the fact that most world economies have grown substantially, health care sectors have remained underfinanced across the world. Perhaps, the nature of services in this sector requires large recurrent amounts of money to...
Words: 716 - Pages: 3
...Case Study: Swarnamukhi Public Bank Limited’s SME Loans This case study was written by Sravanthi Vemulavada, IBSCDC. It is intended to be used as the basis for class discussion rather than to illustrate either effective or ineffective handling of a management situation. The case was written from generalised experiences. Swarnamukhi Public Bank Ltd’s SME loans Small and Medium Enterprises (SMEs) are enterprises wherein the number of employees and the turnover of the company are below certain defined limits. SME is very commonly used term in European Union, in the United Nations, by the World Bank and the World Trade Organization. However, the size of an SME varies from nation to nation. In the US, a company with less than 100 employees is termed as a Small Enterprise (SE) and a company with less than 500 employees is termed as a Medium Enterprise (ME). In the European Union, a company with less than 50 employees is termed as a SE, while a company with less than 250 employees is called an ME. In Germany, a company is called as an SME if it has 250 employees, while in Belgium, an SME consists of 100 employees. In South Africa, the term Small Medium Micro Enterprise (SMME) is used, whereas in Africa, the nomenclature is Micro, Small and Medium Enterprise (MSME). Most of the economies in the world are dominated by smaller enterprises. They comprise approximately 99% of all the firms and they even account for about 40%–50% of the industrial production. These smaller firms employ...
Words: 1028 - Pages: 5