After reading this article you will learn about the meaning and role of change agent in an organisation. Meaning of Change Agent: Though change is a continuous process involving managers at all levels, who should initiate change and how has to be deliberately decided in planned change. Planned change can be introduced through change agents. Change agent is the person [...]
This article throws light upon the ten main challenges faced by managers in an organisation. The challenges are: 1. Globalisation 2. Quality and Productivity 3. Ownership 4. Environment 5. Strategy Formulation 6. Ethics and Social Responsibility 7. Workforce Diversity 8. Change 9. Empowerment 10. Information Technology. Challenge # 1. Globalisation: Almost all home companies face the challenge of competition with [...]
After reading this article you will learn about the environmental and functional challenges faced by managers in an organisation. Environmental Challenges: In a liberalised and globalized economy, managers face the following environmental challenges: 1. Economic environment: In the market economy of today, consumers are free to buy what they want and producers are free to produce what they want. Keeping [...]