MGMT-6054 Lecture Notes - Dan Cohen, John Kotter

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silverrabbit845

1 Jun 2022

School

Fanshawe College

Department

Management (MGMT)

Course

MGMT-6054

Professor

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Document Summary

If the world outside of your business is changing at higher pace than what you can adaptit"s not if you will fail but when you will fail Changes to legislation, laws, rules and regulations. Market shift due to: consumer preferences, changing demographics, new technology or knowledge. Internal sources (e. g. , continuous improvement, learning from mistakes, new leadership) Just because you build the best, most cost effective, highest quality productyou can still fail. Clinging to the past can/may destroy your organization. 57% fail within 10 years (2018 canada data) List 3 to 5 reactions or responses in yourself during that time. Do not understand the message or the reason for the change. Do not trust the sender of the message. Fear (loss of money/employment; do not have the new, required skills; the unknown) 8 reasons why employees resist change (2:03) https: //www. youtube. com/watch?v= Functional unit as a whole feels threatened by a project (e. g. , the marketing department or finance department)

Related Questions

Which of the following is not true about strategy and/or strategic management?

a. The strategic leader's perspective ought to be the holistic consideration of the business and its environment.

b. Strategic management encompasses all the functional areas of business.

c. In business, the strategy requires a big-picture perspective.

d. Strategies sometimes emerge from bottom-up processes.

e. A good leader can afford to devise a strategy in isolation from the lower-level leaders who are responsible for executing it

emeraldmammoth893

3. Which of the following best describes the production orientation? a) Manufactured goods would sell regardless of their quality, because they were in short supply. b) Businesses have one or more departments specifically designed to understand consumers' needs and readily share this knowledge across departments. c) Production capabilities exceeded regular demand, competition increased and reaching new markets became more complex. d) It uses customer relationship management software. e) It uses production management software

Select the statement that best substantiates why we say, "The role of management is changing."

a) Future managers must have their ear and eye toward domestic issues because the goal is to bring jobs back to the U.S. by eliminating outsourcing.

b) Managers will evolve toward measuring and evaluating individual employee performance and eliminate employees who prefer not to work independently.

c) Contemporary managers will focus on global issues and green issues, and continue to emphasize the team approach to work.

d) Contemporary managers will emphasize structure and less creative thinking, particularly during recessionary times.

ambertiger96

MGMT-6054 Lecture Notes - Dan Cohen, John Kotter

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