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CHANGE MANAGEMENT

CHANGE MANAGEMENT. PROF.DR.AUNG Tun THET (AUNGTUNTHET@GMAIL.COM). OVERVIEW. PART ONE: Managing Change Part TWO: Principles of Responsible Management Education (PRME). PART ONE: MANAGING CHANGE. PROF.DR.AUNG Tun THET (AUNGTUNTHET@GMAIL.COM).

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CHANGE MANAGEMENT

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  1. CHANGE MANAGEMENT PROF.DR.AUNG Tun THET (AUNGTUNTHET@GMAIL.COM)

  2. OVERVIEW • PART ONE: Managing Change • Part TWO: Principles of Responsible Management Education (PRME)

  3. PART ONE: MANAGING CHANGE PROF.DR.AUNG Tun THET (AUNGTUNTHET@GMAIL.COM)

  4. A pessimist sees the difficulty in every opportunity; • An optimist sees the opportunity in every difficulty.

  5. CHANGE • Never over • Opportunity to those who grasp it • Unlimited opportunities

  6. Change • “…. the window through which the future enters your life." • All around you, in many types and shapes • You can bring it about yourself, • or it can come anyway!

  7. Change • Happens every day, every moment, everywhere • To live fully we must learn to embrace change and honor it, • even when change arrives with companions, • Fear and Uncertainty

  8. Life is about evolving and actively creating change, • as well as learning how to go with the flow when inevitable change comes our way. • Be inspired and motivated!

  9. CHANGE • Learn to view change as a natural phenomenon • Anticipate it and Plan for it • The future is ours to channel in the direction we want to go... • we must continually ask ourselves, • 'What will happen if...?' or better still, • 'How can we make it happen?' "

  10. Coping with Change • What happens when someone wants you to change? • What happens if someone close to you does something totally unpredictable? • How do you cope with unexpected change... bad news, or problems?

  11. Coping with Change • Everything working normally until POW! • When that happens, • How do you feel?

  12. Change Curve

  13. MAINTENANCE CYCLE Change/ Problem Defensive (Behaviour) Threat (Attitude)

  14. Defensive Behaviour • Stressful • Conflict • Deterioration in relationships

  15. OPPORTUNITYISNOWHERE • What did you see? • Opportunity is nowhere? • Opportunity is now here!

  16. OPPORTUNITYISNOWHERE • You can choose how you perceive things • When things look bad, • look for the good... • what can I learn from this? • what are the opportunities?

  17. OPPORTUNITYISNOWHERE • Defending any position • Close off ability to see alternatives, and • Potential benefits that other opportunities

  18. OPPORTUNITYISNOWHERE • How many opportunities have we lost in our lifetimes because we have not been looking for them • We will never know • We don't have to miss out on anymore

  19. GROWTH CYCLE Change/ Problem Opportunity(Attitude) Constructive (Behaviour)

  20. In any situation • No matter how bad it may seem • Choose to look for the opportunities it presents

  21. In any situation • May not find any... • May not be apparent for some time • If we don't look for them • we will never find them!

  22. SUSTAINABLE CHANGE • Establish a Sense of Urgency • Form a Powerful Guiding Coalition • Create a Vision • Communicate the Vision

  23. SUSTAINABLE CHANGE • Empower Others to Act on the Vision • Plan for and Create Short-Term Wins • Consolidate Improvements and Produce Still More Change • Institutionalize New Approaches

  24. Thinking • Positive = Faith • Possibility = Focus • Power = Follow Through

  25. "In every crisis there is a message. • Crises are nature's way of forcing change, • breaking down old structures, shaking loose negative habits • so that something new and better can take their place."

  26. Be the Change You wish to see in the world!

  27. RESPONSIBLE MANAGEMENT EDUCATION (RME) Prof.Dr.AungTunThet (aungtunthet@gmail.com)

  28. Every day you have the opportunity to learn and experience something and someone new • Seize the opportunity • Learn and experience everything you can, and • Use it to change the world

  29. Ethical Principles for Running a Business

  30. Priority Aims • Serve wholeheartedly • Strive for Excellence • Create Wealth • Achieve Objectives • Attain Vision • Work Ethically

  31. Corporate Values • Trust • Stewardship • Justice • Diversity • Life Balance • Reputation

  32. Personal Qualities • Commitment • Creativity • Joyfulness • Care • Forgiveness

  33. Personal Qualities • Serving Others • Courage • Openness and Honesty • Moderation • Resourcefulness • Prudence • Maintaining personal integrity

  34. ETHICAL BUSINESS PRINCIPLES

  35. Be different • Stand out from the rest • Honest and fair • Kindness and respect • Go the extra mile to help them • Excellent client service • Looking out for others' needs

  36. Business Ethics • How you conduct their business at all times • Say yes for yes and • No for no • No in between

  37. Business Ethics • Always conducted with honesty • Good ethics makes for good business • Conduct your business in an ethical manner

  38. WHAT PRINCIPLES SHOULD DISTINGUISH AN ETHICAL BUSINESS?

  39. Values • Integrity • Commitment to excellence • Commitment to its people

  40. P4 (PPPP)

  41. PRINCIPLES FORRESPONSIBLE MANAGEMENT EDUCATION (PRME)

  42. “The Principles for Responsible Management Education • have the capacity to take the case for universal values into classrooms on every continent.”

  43. PRME • Inspire and champion responsible management education, research and thought leadership • Internationally accepted values - principles of the United Nations Global Compact

  44. PRME • Process of continuous improvement • New generation of business leaders capable of managing complex challenges faced by business and society in the 21st century

  45. PRME • Corporate responsibility and sustainability entered • Not yet embedded in the mainstream of business-related education

  46. PRME • Business schools and universities • Adapt curricula, research, teaching methodologies and institutional strategies • New business challenges and opportunities

  47. Six Principles Guiding Framework

  48. institutions of higher education • Development of current and future managers • Adopt Six Principles • More relevant to capacities and mission. • Report on progress to all stakeholders • Exchange effective practices with other academic institutions

  49. Principle 1 • Purpose • Develop capabilities of students • Future generators of sustainable value for business and society • Inclusive and sustainable global economy

  50. PRINCIPLE 2 • Values • Incorporate into academic activities and curricula the values of global social responsibility • United Nations Global Compact

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