Thursday, February 20, 2020

The view on 'a management revolution' presented by Gary Hamel Essay

The view on 'a management revolution' presented by Gary Hamel - Essay Example Proper management is essential if organizations are to run effortlessly and achieve their purposes. It is through management that humankind has grown tremendously over the years. However, the tools of management on which this model is built have been in use since the 19th century, with a few changes if any While organizations remain stagnated on this old management model, the business environment, and the entire world, has fully revolutionized (Chizema & Kim, 109, 2010). Since the business environment continues to change, managing continuity should be imperative to all organizations to develop a connection between the realities of past, present, and future (Kolb, 183, 2003). With markets opening beyond national borders, and business processes becoming faster and more flexible, business organizations have been forced to adapt to a model more suitable for the 21st century (Burgelman & Grove, 965, 2007). However, Gary Hamel (2009) calls for an entire revolutionary change of the current management model. In his article entitled ‘Moon shots for management’, he says, â€Å"The evolution of management has traced a classic S-curve,† and goes on to argue that a new management model must be invented for the new age. New challenges The current management model is vertically structured with precisely defined roles for every level and is guided by set rules and procedures (Pye & Pettigrew, 153, 2005). In the current business environment, effective change is achieved when a firm has an organized pattern of decisions that guide deployment of resources in response to environmental changes (strategy) and a mechanism that turns this strategy into output (organization) (Nadler &Tushman, 204, 1989). Overcoming challenges entail changing the entire organizational culture by setting new goals, visions, missions, values, and strategies (Sisaye, 176, 2000).Even though culture is complicated, differentiated and difficult to control, it should be manipulated to encom pass a deep level of unconscious basic assumptions manifested in shared values, beliefs, behaviors, and creations (Harris and Ogbonna, 32, 2002). In order to overcome these challenges, Hamel postulates that business executives â€Å"must face the fact that â€Å"tomorrow’s business imperatives lay outside the performance envelope of today’s bureaucracy-infused management practices.† . Little is known about the strategy making processes at the top level of companies (Dewally & Peck, 38, 2010). A broader insight into the leadership structure of a company is needed as part of a broader attempt to remodel management (Pye & Pettigrew, 28, 2005). In organizations, governance and decision-making is dependent on bargaining between the board of directors and CEO. This is characterized by covert and overt use of power and influence (Daily, Dalton & Canella 2003). This drive should be towards an open, inclusive, and democratic organizational form (Mintzberg, 43, 1994). Th e top management executives should adopt an inclusive management style (Liedtka, 120, 1998). The Moon Shots In May 2008, Gary outlined 25 critical points that he felt should be adopted by business organizations as a way of reinventing management to better suit the present. Hamel was keen to point out that these moon shots were not exhaustive. From the moon shots, companies first have to redefine their goals. Clear redefinition of goals must encompass building human capital and engendering employee engagement (Davenport & Larding, 259, 2010). With the current management set up, companies are encouraged to adopt management practices that are socially beneficial. Today’s corporate governance structures promote the interests of some groups while oppresses others. In many cases, the senior executives and the shareholders benefit while employees and the local communities suffer (Zerbe, Hartel & Ashkanasy, 149, 2008). This is due to existence of a large gap between leadership and ch ange management. These leaders have a high charismatic

Tuesday, February 4, 2020

Final Exam Essay Example | Topics and Well Written Essays - 1750 words - 1

Final Exam - Essay Example Most nation states tend to set specific priorities when developing strategies that will be applied nationwide. However, differences seem to exist between independent and non-independent nation states as of the priorities used by each one when developing strategies that will be used in managing national resources and industries. For example, independent nation states tend to emphasize to the development of the country’s industries so that the dependency on foreign suppliers to be decreased’ (Kitching 10). Also, an independent nation state is expected to invest high amounts on the continuous update of its military industries, so that emergent military needs of the state can be covered, if required (Kitching 10). A non-independent nation state is expected to follow a different strategy; the government of such nation state would primarily consider the interests of those who control the nation’s industries, which are usually those who hold the control of the local mar ket (Kitching 10). In certain cases, it is possible for a nation state to be depended not on entrepreneurs or firms but on other states (Kitching 2010). This is the case of a nation state that has a critical value in terms of its national resources or for a nation state that has critical geo-political position, being able to influence the development of the economy of neighboring countries. ... The above view is based on the study of Kitching where the following example is provided: a research has been made as to whether the improvement of the economy of a state is possible simply by emphasizing on agriculture. It has been proved that such target can be achieved, even if agriculture is the only sector available for the support of the economy (Kitching). The above findings have been related to the efforts of a nation state to improve the performance of its economy without having other sectors to employ apart from agriculture. On the other hand, in countries where the independency of a nation state cannot be secured, the use of non-governmental or international organizations seems to be the best solution for addressing emergent nation needs, such as underdevelopment, terrorism and civil wards. The specific view could be based on the example provided through the study of Akinyeye. In the particular study reference is made to the challenges that Nigerian government has to face in regard to underdevelopment. Moreover, the measures taken by the government for controlling the expansion of the above problem have been proved inadequate. A governmental organization, the Regional Economic Commissions (REC), has been established for helping the country to face underdevelopment (Akinyeye 221). The Commission’s branches across the country have been proved particular valuable in confronting underdevelopment (Akinyeye 221). Still, the following problem has appeared: the communication between the Commission’s branches is poor; in this context, a series of processes is duplicated (Akinyeye 221). A non-governmental organization, the Africa Economic Community, with branches across Africa, has been introduced for helping Nigeria and other