Ch 1 - Management - Web.pptx

Realization of the bigger picture managing people to

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Realization of the bigger picture, managing people to do the jobs efficiently for the company. After a year as a manager: people management is most important. Controlling emotions, controlling people, people development is key. Review Exhibit 1.6 on page 18 of the textbook
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Competitive Advantage through People means you provide a better value than your competitors Companies that invest in their people will create long-lasting competitive advantages that are difficult to duplicate values can be created in the people. People want to work at good and stable company. Management practices to create competitive advantage 1. Employment security: job security, financial security, making sure company is solid and pay is good 2. Selective hiring: hiring right people. Training them. 3. Self-managed teams and decentralization 4. High wages contingent on organizational performance 5. Training and skills development 6. Reduction of status differences: treat people the same. 7. Sharing information: Sharing information equally and not keeping one another in dark.
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  • Spring '11
  • Le
  • Management, manager pervious skills

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