MGT503 GDB solution 2023 | MGT 503 GDB solution Spring 2023 #mgt503 #gdb #spring2023

 

MGT 503

GDB

Solution

Spring 2023

 

 

 

 

Learning Objective: 

 

This activity aims to familiarizes students with emerging views of management 

learning outcomes. 

 

After attempting this activity student will be able to apply emerging views of management in their jobs which result in continual growth and long survival of organization.

 

 

 

The Premise:

 

Organization in today’s dynamic and competitive environment should create a productive innovative and growing team of employees for increased productivity, efficiency and employee’s retention. According to the World Economic Forum Fortune companies can only survive 40 to 50 years while most of them are bought, sold, split or simply cease to exist.

 

Keeping this in view, the company SES associates Pvt Ltd. strive for professional development by encouraging employees to work towards their goals and remains open to new prospective, ideas and processes. They encourage their employees to learn and adopt new skills and take unconventional approach to work in continuously changing environment.

They also provide environment where employees feel comfortable, asking questions and presenting unique ideas and diverse perspective.

 

The organization also abandoned the outdated management approaches such as Top-Down forces; doing what's comfortable or familiar instead of taking risks and challenging the status quo. They shifted from old approaches to emerging views of management to create an environment of continual growth, risk taking, knowledge sharing and better chance of surviving in very competitive market.

 

Point of Discussion:

 

Being a student of management, analyze the above scenario and identify two emerging views of management adopted by the SES Associates Pvt Ltd for continual growth and increase productivity. Also give one logical explanation for each view.

 

 

Solution:

 

Based on the provided scenario, SES Associates Pvt Ltd has adopted the emerging views of employee empowerment and a collaborative, inclusive environment to foster continual growth and increased productivity. These approaches tap into the potential of employees, promote innovation, and create a culture that values and utilizes the diverse skills and perspectives of its workforce.

 

1.     Employee Empowerment:

SES Associates Pvt Ltd encourages employees to work towards their goals and remains open to new perspectives, ideas, and processes. This approach involves empowering employees by giving them autonomy and authority to make decisions and take ownership of their work. By empowering employees, the organization fosters a sense of responsibility and accountability, which leads to increased motivation and productivity. Employees feel valued and empowered to contribute their unique skills and ideas, resulting in innovation and growth for the organization.

 

2.     Collaborative and Inclusive Environment:

SES Associates Pvt Ltd provides an environment where employees feel comfortable asking questions, presenting unique ideas, and offering diverse perspectives. This approach emphasizes the importance of collaboration and inclusivity within the organization. By fostering a culture of open communication and active participation, the organization encourages knowledge sharing and teamwork. Employees from different backgrounds and experiences can contribute their expertise, leading to enhanced problem-solving capabilities, creativity, and efficiency.

 

Logical Explanation:

·        When employees are empowered, they become more engaged in their work and take ownership of their tasks. They feel a sense of autonomy and are motivated to perform at their best. This not only increases productivity but also creates a culture of innovation and continuous improvement, enabling the organization to adapt to the ever-changing market dynamics and remain competitive.

 

·        In a collaborative and inclusive environment, employees feel valued and respected. When employees are encouraged to share their ideas and perspectives, it promotes a culture of learning and innovation. Diverse viewpoints and experiences enrich decision-making processes, leading to more comprehensive and effective solutions.