BMGT 110 Chapter Notes - Chapter 7: Fortune 500, Haymarket Media Group, Problem Solving

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Once used to be called bosses and told people what to do, watching over them to be sure they did it, and reprimanding those who didn"t. Managers today tend to be more progressive. Create drop-in centers, team spaces, and open work areas. May change the definition of work from a task you do for a specified period in a specific place to something you do anywhere, anytime. Guide, train, support, motivate, and coach employees rather than tell. Emphasize teamwork and cooperation rather than discipline and order. May also open their books to employees to share the company"s them what to do giving financials. People entering management today are different from those who entered in the past the firm. Leaders of fortune 100 companies tend to be younger, more of them are female, and fewer of them were educated at elite universities. More likely to be working in teams and assuming completely new roles in.

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