Business School Press. 7. Green Thad B‚ (1992) Performance And Motivation Strategies For Today’s Workforce‚ Guide to expectancy motivation theory application‚ p-1. 8. Lorenzana‚ Carlos C (1993): Management Theory and Practice‚ pp 3-4 9 10. Ricardo Semler‚ The seven-day weekend: changing the way work works‚ 2004‚ Pg.115-210.
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2.0 Task 1 : Comparing and contrasting SEMCO to a ‘classical organization’ ‘The future has many names: For the weak‚ it means the unattainable. For the fearful‚ it means the unknown. For the courageous‚ it means opportunity.’ (Victor Hugo) Ricardo Semler the heritor of the company SEMCO‚ had already known the omissions in his father ’s legacy of traditional management‚ hence he implemented his innovative and unique way of management to SEMCO with a courageous decision and desired to create his
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Business (Third Addition). Toronto: Tompson Nelson. (2001). Print. Lashinsky‚ Adam. Where does Google go Next CNN News Online. (2008).Web. Kahney‚ Leander. “How Apple Got Everything Right by Doing Everything Wrong.” Wired Magazine 16.04 (2008). Web. Semler‚ Ricardo. Managing without Managers. Harvard Business Review (1989). Print.
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Subject: How do the leader’s management styles affect the team’s effective at work? Dear Bill Yeung‚ We would like to inform that about our project topic is about the management styles affect the team’s effective at work. This project aims are to analyze different types of Leadership theories that identified behaviors that differentiated effective leaders from ineffective leaders. There have three types of Leadership theories. 1) Autocratic style 2) Democratic style 3) Laissez-faire style
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technology‚ tasks‚ and human components and accomplishes its purposes’ (Alajloni et al. 2010) “The purpose of work is not to make money. The purpose of work is to make the worker‚ whether working stiffs or top executives‚ feel good about life’ (Semler 2004) The present trend in human resource management and labour relations is to place more emphasis on employee involvement‚ productive employer -employee relations and mechanisms‚ and on practices that encourages them. The era of classical organisation
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Leadership‚ a crucial element in business‚ can be defined as “a process of influencing the activities of an organized group toward goal achievement” (Yukl‚ 2013‚ p.76). There are four main types of leadership styles: the autocratic‚ democratic‚ paternalistic and laissez-faire leadership styles. Daft (2008‚ p.44) suggests that “the extent to which leaders should be boss-centered or subordinate-centered partly depends on organizational circumstances.” After taking into account the organizational circumstances
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ERSONALITY Important characteristics (discovered through research) honest and truthful good communicator takes responsibility for actions honorable and trustworthy has vision fair and even-handed respects people they lead Most important characteristic = integrity. Although this is contradicting to reality. Statistics- 73% USA CEO’s can’t be trusted Lots of negative publicity about business leaders Employees desire integrity in their leaders Competencies: (Can be learnt) emotional
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Conclusion 1. Classical school of management 3 1.1 The Classical Scientific School 4 1.2 Conclusion 6 1.3 The classical administrative school 6 1.4 Conclusion 8 2. “Motivation Theories and SEMCO” 8 2.1 “McGregor’s theory X and Theory Y” 8 2.2 Victor Vroom’s expectancy theory 11 2.3 Conclusion 12 3. Discuss the Concept of Empowerment and Its Relevance to SEMCO 13 3.1 The concept of empowerment 13 3.2 Empowerment ’s Relevance to SEMCO 15 3.3 Conclusion 17 4. Centaur
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fit between internal organizational characteristics and external factors. The four strategies are: Prospector – The prospector strategy is to innovate‚ take risks‚ and seek out new opportunities to grow. (Daft 66) SEMCO under the leadership of Ricardo Semler is an excellent example. Defender – The defender strategy seeks to hold onto current customers and neither seeks to innovate or grow. This strategy is most suitable when the organization is in a declining industry or stable environment. (Daft
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75 Books that Made Management Managerial Pre-History The Art of War (500 BC) Sun Tzu The Prince (1500) Nicolo Machiavelli The Wealth of Nations (1776) Adam Smith On War (1831) Karl von Clausewitz On Machinery & Manufactures (1832) Charles Babbage 1900 - 1929 The Principles of Scientific Management (1911) Frederick W. Taylor Motion Study (1911) Frank Gilbreth General and Industrial Management (1916) Henri Fayol My Life and Work (1923) Henry Ford The Thirties Onward Industry (1931) James
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