ISYS111 Lecture 12: 12

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Global awareness
Much of the pressure for performance excellence is created by a competitive
global economy.
Theory Z describes a management framework emphasising:
long-term employment
slower promotions and lateral job movements
attention to career development
use of consensus decision-making
emphasis on use of teamwork and employee involvement.
Global awareness
While the best formulas for success continue to be tested and debated, an
important fact remains much of the pressure for quality and performance
excellence is created by a highly competitive global economy.
The term ‘Theory Z’ describes a management framework that incorporates
into Australasian and North American practices a variety of insights found in
the Japanese models. Prominent in the Theory Z management approach are
things such as long-term employment, slower promotions and more lateral job
movements, attention to career planning and development, use of consensus
decision-making, and emphasis on use of teamwork and employee
involvement.
PLANNING
Process of setting objectives and determining how to accomplish them
Involves deciding exactly what you want to accomplish and the best way to go about it
Objectives are specific results usually expressed in measurable indices that someone wishes
to achieve and may relate to the individual, a group or the whole organisations
HOW DO MANAGERS PLAN?
Make a plan
Organise their goals
Lead others to accomplish the goal
Control the situation to achieve the desired result
WHAT TYPES OF PLANS DO MANAGERS USE?
Strategic plans
Tactical plans
WHAT ARE THE USEFUL PLANNING TOOLS, TECHNIQUES AND
PROCESSES?
HOW DO WE COMMUNICATE DIFFICULTIES IN INITIATING AND
IMPLEMENTING PLANS?
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Document Summary

Prominent in the theory z management approach are things such as long-term employment, slower promotions and more lateral job movements, attention to career planning and development, use of consensus decision-making, and emphasis on use of teamwork and employee involvement. Planning: process of setting objectives and determining how to accomplish them, objectives are specific results usually expressed in measurable indices that someone wishes. Involves deciding exactly what you want to accomplish and the best way to go about it to achieve and may relate to the individual, a group or the whole organisations. How do managers plan: make a plan, organise their goals, lead others to accomplish the goal, control the situation to achieve the desired result. What types of plans do managers use: strategic plans, tactical plans. What are the useful planning tools, techniques and. How do we communicate difficulties in initiating and. What is strategy: strengths, weaknesses, opportunities, threats.

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