Thanks to globalization, today’s business world is increasingly competitive. In fact, “today, organizations around the globe are operating in an unprecedented, highly competitive seller′s market.“ Because of this competitiveness, management’s role is an evermore-crucial component of the organization’s success. Management is the driving force behind the organization. They not only establish the direction in which the company will go, but also they are responsible for leading it’s fellow members on that course towards the end goals they’ve created.
By discussing the innovations in corporate management, one can better predict what may be needed for an organization to be successful in the future, as well as how the role of management may change. Emerging management concepts need to be included in this analysis, as well as the changing demographics of today’s workforce. The next step is to then evaluate how these trends will affect the four basic functions of management, planning, organizing, leading, and controlling.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Introduction
- Cross-Functional Teams
- The Six Sigma Approach
- Changing Demographics in the Workforce
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This work aims to explore the innovative concepts and trends in corporate management that are reshaping organizational strategies and leadership roles. By examining emerging management approaches, demographic shifts in the workforce, and their impact on the four basic functions of management (planning, organizing, leading, and controlling), the author seeks to provide insights into the future of successful organizations.
- The growing importance of cross-functional teams in driving innovation and profitability
- The impact of the Six Sigma approach on organizational processes and efficiency
- The changing demographics of the workforce, including an aging population and a more globalized environment
- The challenges and opportunities associated with managing a diverse and mobile workforce
- The role of management in adapting to these changes and creating sustainable growth
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter highlights the increasing competitiveness of the global business environment and the crucial role of effective management in organizational success. It establishes the need to explore emerging management concepts and their impact on the four basic functions of management.
- Cross-Functional Teams: This chapter discusses the benefits of utilizing cross-functional teams in organizations. These teams, comprised of members from different levels and areas of an organization, can foster collaboration, innovation, and efficiency, resulting in enhanced productivity and profitability.
- The Six Sigma Approach: This chapter focuses on the Six Sigma approach, a quality management system that emphasizes statistical analysis and near-zero defects. The chapter discusses the importance of management commitment in successfully implementing this approach and its impact on various aspects of the organization.
- Changing Demographics in the Workforce: This chapter explores the changing demographics of the workforce, including the aging population and the increasing globalization of the workforce. It discusses the challenges and opportunities that arise from these demographic shifts, particularly in terms of work-life balance, talent management, and corporate responsibility.
Schlüsselwörter (Keywords)
This work explores key concepts in corporate management, including cross-functional teams, Six Sigma approach, total quality management, organizational effectiveness, workforce demographics, globalization, work-life balance, and corporate responsibility.
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- Kimberly Wylie (Author), 2004, Innovations in Corporate Management, Munich, GRIN Verlag, https://www.grin.com/document/57781
