Accounting technicians scheme west africa
F. Learning Organizations and Knowledge Management
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- A learning organization
| F. Learning Organizations and Knowledge Management. Managers now must deal with an environment that is continually changing. The successful organizations of the st century will be flexible, able to learn and respond quickly, and be led by managers who can effectively challenge conventional wisdom, manage the organization’s knowledge base, and make needed changes. i) A learning organization is one that has developed the capacity to continuously adapt and change. ii) Knowledge management involves cultivating a learning culture where organizational members systematically gather knowledge and share it with others to achieve better performance. G. Theory Z William Ouchi’s Theory Z combines positive aspects of American and Japanese management into a modified approach aimed at increasing managerial effectiveness while remaining compatible with the norms and values of society and culture. Theory Z: These firms are those which are highly successful American firms that use many of the Japanese management practices. The Type Z firm features long-term employment with a moderately specialized career path and slow evaluation and promotion. Lifetime employment would not be especially attractive to America’s mobile workforce and the slow evaluation and promotion processes would not meet the high expectations of American workers. 97 H. Managerial Effectiveness Mckinsey S Model The S factors areas follows i) Strategy The plans that determine the allocation of an organization’s scarce resources and commit the organization to a specified course of action. ii) Structure The design of the organization that determines the number of levels in its hierarchy and the location of the organization’s authority. iii) Systems The organizational processes and proceduralized reports and routines. iv) Staff The key human resource groups within an organization, described demographically. v) Style The manner in which manager behave in pursuit of organizational goals. vi) Skills The distinct abilities of the organization’s personnel. vii) Shared values The significant meanings or guiding concepts that an organization instill in its members. Download 3.37 Mb. Share with your friends:
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