MGMT3000 - Ch 18

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being world class requires…

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26 Terms

1

being world class requires…

applying the best and latest knowledge and ideas + having the ability to operate at the highest standards of any place anywhere

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2

great companies…

have strong core values, are driven by stretch goals, change continuously, and focus on beating themselves instead of beating competition

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3

tyranny of the or

the belief that things must be either A or B and cannot be both; that only one goal and not another can be attained

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4

genius of the and

achieving both goals a & b; includes organization ambidexterity (Ability to achieve multiple objectives simultaneously)

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5

4 factors that lead to sustained superior performance

strategy, execution, culture, structure

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6

organization development (OD)

systemwide application of behavioral science knowledge to develop, improve, and reinforce the strategies, structures, and processes that lead to organizational effectiveness

  • broad approach to changing ppl, teams, or work units

  • not directly concerned w/ economic, financial, or technical aspects of the organization

  • introduces changes for the long term

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7

strategic intervention

Helping organizations conduct mergers and acquisitions, change their strategies, and develop alliances

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8

techno-structural intervention

Relating to organization structure and design, employee involvement, and work design

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9

human process intervention

Improving conflict resolution, team building, communication, and leadership

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10

human resource mgmt intervention

Attracting good people, setting goals, and appraising and rewarding performance

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11

reasons for resistance to change

inertia, timing, surprise, peer pressure, self-interest, misunderstanding, different assessments, mgmt tactics

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12

unfreezing

realizing current practices are inappropriate and new behavior is necessary. (Breaking from the old ways of doing things.)

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13

moving

instituting the change

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14

refreezing

strengthening the new behaviors that support change (Reinforcing and supporting the new ways.)

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15

ways of enlisting cooperation

• Education and communication.

• Participation and involvement.

• Facilitation and support.

• Negotiation and rewards.

• Manipulation and co-potation.

• Explicit and implicit coercion.

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16

john p. kotter’s steps in leading change

establish sense of urgency → create guiding coalition → develop vision/strategy → communicate the change vision → empower broad-based action → generate short term wins → consolidate gains and produce more change → anchor new approaches in the culture

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17

examples of sources of complacency

too many visible resources, low performance standards, focus on narrow goals, absence of major visible crisis, too much happy talk, lack of feedback

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18

reactive change

response that occurs under pressure; problem-driven change

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19

proactive change

response that is initiated before a performance gap has occurred

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20

adapters

Companies that take the current industry structure and its evolution as givens and choose where to compete

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21

shapers

Companies that try to change the structure of their industries, creating a future competitive landscape of their own design

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22

ways to shape your own future

set high personal standards, take charge of your own development, become indispensable to your organization, maintain your options, and develop resilience

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23

explore - learning cycle

assess realistically what is currently happening

gather data to identify key problems and root causes

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24

discover - learning cycle

tap deep understanding of current reality to identify solutions

plan and anticipate problems

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25

act - learning cycle

implement solutions

measure results and make adjustments

celebrate success

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26

level 5 hierarchy

executive → effective leader → competent manager → contributing team member → highly capable individual

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