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Chapter IX
LEARNING
1. To learn
to appreciate the
OBJECTIVES:
importance
of ensuring the
continuity and growth of the
business which you are managing
2. To acquire a working knowledge of
some concepts, tools, and
techniques in promoting
innovation and in developing
subordinates
3. To appreciate the discussion on
the idea that a good manager
must also be an effective leader
THE
STEP? of
The NEXT
true measure
success in managing a
business is not to hit
one short-term goal and
then stop and close
operations you must
plan for continuity and
growth.
PROMOTING CHANGE
In
REPAIR OR
RESTORATION
CONTINUOUS
IMPROVEMENT
Involves a deliberate
plan to institute a
company policy or
program such as a
productivity
improvement program
or an employee sports
and wellness program
BREAKTHROUGH
Involves aCHANGE
major or
dramatic change such
as transferring the
entire company
operations to another
location or going into
the export market
THE CHANGE
FRAMEWORK
GUIDELINES IN MANAGING
CHANGE
Have
MANAGING CHANGE
Formulate
GUIDELINES IN
MANAGING CHANGE
Communicate
to employees
the purpose, benefits,
including possible risks and
consequences of the change.
Define the participation and
roles of key people involved in
implementing the change.
Measure the speed and level
of improvement gained over
time, make timely corrective
action.
GUIDELINES IN
MANAGING CHANGE
Document
PEOPLE
A DEVELOPING
GOOD MANAGER
should take direct responsibility to
develop subordinates. This important
function ensures succession in the
management of the organization
and thus ensures continuity and
growth. This involves: delegating
important
tasks;
empowering
employees;
rewarding
accomplishments.
DELEGATING
is assigning
authority and
responsibility to a
subordinate for carrying
out specific activities.
Y
1.
2.
3.
4.
EMPOWERING
refers to managers actions
that will allow the subordinate
to initiate action, give him/her
encouragement and support to
implement solution.
REWARDING
is done to recognize the
subordinates achievements in
order to further motivate him/her
to work better and harder
possible ways to reward
good performance: positive
feedback, promotion, and
additional fringe benefits
MANAGEMENT VS.
LEADERSHIP
MANAGEMENT is a
career. Leadership is
a calling.
3Cs of
LEADERSHIP
CHARACTER
COMPETENCE
COMMITMENT
THE LEADERSHIP
TRIANGLE