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Dr. Patti says…

Dr. Patti says…. MGMT 505-02. A final presentation. Managing The External Environment & Organizational Culture Managerial Decision Making. Planning & Strategic Management Ethics and Corporate Responsibility International Management Entrepreneurship. Structure Agility HR Management

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Dr. Patti says…

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  1. Dr. Patti says… MGMT 505-02 A final presentation.

  2. Managing • The External Environment & Organizational Culture • Managerial Decision Making • Planning & Strategic Management • Ethics and Corporate Responsibility • International Management • Entrepreneurship • Structure • Agility • HR Management • Managing the Diverse Workforce • Leadership • Motivating for Performance • Teamwork • Communication • Managerial Control • Managing Technology & Innovation • Creating & Managing Change Angela

  3. Foundations of Management Managing The External Environment and Organizational Culture Managerial Decision Making

  4. Managing Presented by Angela Sergonis

  5. Management Processes • Knowledge Management • Discovering and harnessing an organization’s intellectual resources • Fully utilizing the intellects of the organizations people • Finding, unlocking, sharing, and capitalizing on expertise, skills, wisdom, and relationships Angela

  6. What Would (Did) Dr. Patti Do? Knowledge Management In practice • Discovering and harnessing an organization’s intellectual resources • Fully utilizing the intellects of the organizations people • Finding, unlocking, sharing, and capitalizing on expertise, skills, wisdom, and relationships • Introductions on the 1st day of class, Individual Presentations, Myers-Briggs • Class discussions, Group projects • Group & Individual Presentations Angela

  7. Effects of Knowledge Management Presented by Louis Hoxha

  8. Efforts & Strategy Efforts • In class discussion • Discussion forums • Formal apprenticeship Strategy • Story telling • After action reviews • Collaborative technology • Transform knowledge Louis

  9. Individual Impact • IDENTIFY • CREATE • ENABLE • LEARN • IMPROVE Louis

  10. Managerial Decision Making Presented by Giselle Mongiello

  11. Summary • Different Decisions • Programmed • More certainty • Non Programmed • Less certainty • 6 Stages of managerial decision making • Managing in a crisis • Constraints on Decision Making • Decision making in groups Giselle

  12. Group Decisions Vs. Individual Decisions • Presentations • Individual • Group Giselle

  13. “The business executive is by profession a decision maker. Uncertainty is his opponent. Overcoming it is his mission.” – John McDonald Giselle

  14. Effects of Managerial Decision Making Presented by Phillip Scott

  15. Effect on me • Can I assume Dr. Patti knows what she’s doing? • How do I learn best? • I could see she bought into this decision and was dedicated to seeing it work Phillip

  16. Effect on group • Challenged us to work together without a “leader” • Decision-making process was more complicated • Encouraged input and discouraged satisfising Phillip

  17. Effect on class • Encouraged creativity • Added importance to our work • Made us feel connected Phillip

  18. Planning: Delivering Strategic Value Planning and Strategic Management Ethics and Corporate Responsibility International Management Entrepreneurship

  19. Establishing Vision and Mission Presented by Meet Shah

  20. Planning: Strategic Value begins with… • Establishment of… • Vision • Mission Meet

  21. Planning: Delivering Strategic Value • How my team and I were affected… Meet

  22. Understanding the Changes Around you Presented by Vik Reddy

  23. Planning:Understanding the Changes Around You Vik

  24. Planning:Understanding the Changes Around You • Group vs. Individual Vik

  25. Ethical Decision Making Presented by Asli Inci

  26. Planning: Ethical Decision Making • Planning • Very important in management process • A process for accomplishing purpose • Helps managers understand more clearly what they want to achieve and avoid mistakes • Ethics • System of rules that guides behavior in the world of business • Choose among several actions that must be evaluated as morally right or wrong Asli

  27. Group presentations • Plan to work together to get the task done • Make sure we were ethical when planning • Consistently communicated with one another • Everyone did their part and didn’t lack off • Make sure we met time requirements • Completed group paper Asli

  28. Individual & Group • How I was affected • How group was affected Asli

  29. Issues and Challenges in global economy Presented by Valentina Yakimovich

  30. Planning: Delivering Strategic value within global economy • SWOT ANALYSIS • Strength: Instant exposure to global economy • BRIC vs. PIGS • Opportunities: Develop and exercise logical and critical thinking • Figure out things that drive the economy of the countries in 2 categories Valentina

  31. SWOT Analysis Cont. • Weaknesses: more interaction • ex. the ability to interact with the guest from Italy • getting different perspective on the global/local economy • Threats leading to Potential Benefits: • Innovative way of teaching • Letting each student plan out and conduct a lecture Valentina

  32. Group vs. Individual Development • Group project: • Diversity: each group consisted of 1 international individual • Issues involved in managing groups • Individual Development: • Presenting a chapter from the book and an individual paper • Plan and deliver skills acquired from class Valentina

  33. Organizing:Building a Dynamic Organization Organization Structure Organizational Agility Human Resources Management Managing the Diverse Workforce

  34. Organization Structure Presented by Shafali Dua & Julio Fiallos

  35. Fundamentals of Organizing • If Strategy & structure are aligned =success • Strategy-Each person in class contributes to the discussion/forum • Structure-Our strategy has been to contribute ideas on wikispace and email • Differentiation-Teams split on skill set • Integration-Result is overall product Shafali

  36. Vertical Structure • Corporate Governance-(who ensures goals are met) • Authority-resides in positions • Delegation-important at all levels • Hierarchy-levels in our class structure • Responsibility • Accountability • MGMT 505 has become decentralized Shafali

  37. Coordination by Plan • Interdependent units are required to meet deadlines and objectives that contribute to a common goal • Interdependent units are free to modify and adapt their actions as long as they meet deadlines and targets. • Example: Final Presentation • Teams must deliver their PPT slides by 9:00 a.m. Wednesday • Team members have the flexibility of choosing any topic as long as it pertains to their teams’ section/concepts Julio

  38. Organizational Agility Presented by Terrance McCue

  39. What is organizational agility? • Organizational agility is a business’s ability to quickly adapt and respond to changing demands. TJ

  40. Key Processes in Organizational Agility • Responsiveness • Flexibility • Learning Organization TJ

  41. Organizations must act quick and adapt to fast changing demands Today’s competitive advantage becomes tomorrow’s standard Sudden Changes during the Semester Illness Inclement weather Responsiveness TJ

  42. Flexibility • No single structure • Interchanging responsibilities • Dependent on judgment and expertise of individuals within TJ

  43. Learning Organization • Creating, acquiring and transferring knowledge • Modify behavior • Display behavior that reflects newly learned traits and knowledge TJ

  44. Managing the Diverse Workforce Presented by Miata Clopton

  45. Managing Diversity • Managing Diversity: • Effective Training & Development • Competitive Advantage • Diversity of our class & our teams. • Dr. Patti’s example of the consequence of ignoring [gender] diversity & employee development. • Application practicality. HR Strategy Model Miata

  46. Human Resources Management Presented by Angelie Gerard

  47. Reward Systems • Purpose of HR Strategy Model. • Reward Recognition • Factors Affecting Wage Mix • What Are You Worth? Angelie

  48. Reward Systems • How Does This Affect You and Me? • Current Economy • Recession • Job Security • Incentives • Jerry Maguire “Show Me The Money” Angelie

  49. HR Management: Performance Achievement Presented by Angie Galeano

  50. Appraisal • The most important responsibility of a manager is to evaluate their employee’s job performance. • Giving positive feedback can improve the employee’s performance. • “Outstanding Leaders go out of their way to boost the self-esteem of their personnel. If people believe in themselves, it’s amazing what they can accomplish”- Sam Walton Angie

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