1 bs3916 thinking about management 5: contemporary management thought
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BS3916 Thinking about Management
5: Contemporary management thought
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BS3916 Thinking about Management5: Contemporary management thought
Leadership [1]• Former models of leadership conceptualised
leadership as authoritarian, command-driven, charismatic, with ‘strong’ personalities.
• Likert identifies 4 management styles– Exploitative authoritarian– Benevolent autocracy– Consultative– participative
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BS3916 Thinking about Management5: Contemporary management thought
Leadership [2]• In ‘new leadership’ it is necessary to give up
control to get results• The ‘new leader’ facilitates coordination and
integration in order to get work done [Sayles]• Bennis argues that leaders have 4 vital skills
– Management of attention– Management of meaning– Management of trust– Management of self
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BS3916 Thinking about Management5: Contemporary management thought
New ways of Managing people [1]
• Note that Human Resource Management can mean a radically different conception than Personnel Management
• HRM can be seen as…– A facilitator of change– An integrated approach to management– A mediator
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BS3916 Thinking about Management5: Contemporary management thought
New ways of Managing people [2]
• Employment Law increasingly complex
• What motivates ? And demotivates ?
• Personal development and organisational needs
• Impact of ITC (email,’audit’ trails)
• Stress and its management
• Every manager their own personnel dept ?
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BS3916 Thinking about Management5: Contemporary management thought
Empowerment [1]
• Organisations are now flatter and wider
• Delegation is now a necessity
• Empowerment implies not just delegation but an increase in worker autonomy
• Does one delegate to the least competent, thus ensuring that they learn?
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BS3916 Thinking about Management5: Contemporary management thought
Empowerment [2]
• Rosabeth Moss Kanter‘by empowering others a leader does not decrease his own’
• Businesses need to be flexible but not too free-wheeling
• Relationships and communication more important than structure
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BS3916 Thinking about Management5: Contemporary management thought
Reinventing Marketing [1]
• Market driven, not just marketing driven!
• Marketing departments may have been too concerned with process and effectiveness was not properly measured
• Relationship marketing is concerned with retaining customers, not just attracting them(given the costs of getting new customers)
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BS3916 Thinking about Management5: Contemporary management thought
Reinventing Marketing [2]
• Creation of customer loyalty an important concept (e.g. a family may spend £40k in a supermarket over 10 years)
• Brand management implies targeting the right section of a fragmented market
• New products and services have to developed constantly
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BS3916 Thinking about Management5: Contemporary management thought
Global Management [1]
• Rise of homogenous markets (in cars, cosmetics,tobacco, drink]
• Globalisation can..– Enable R&D to develop a product range– Respond quickly in purchasing– Economies of scale for a mass market– Distribution and sales need to match
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BS3916 Thinking about Management5: Contemporary management thought
Global Management [2]
• Rise of the internet has maximised markets and accentuated competition
• Global companies need efficient communication networks to be able to respond quickly to market change
• Global companies can and do switch production to lower cost/tax regimes