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Lecture Management practices: Lecture 15 - Dr. M. Shakil Ahmad

The main contents of the chapter consist of the following: Creating strong organizational culture, HRM system, components of a HRM system, HRM planning, organizational control and change, control process steps, the goal-setting process, management by objectives. | Management Practices Lecture-15 1 Recap Organizational Control and Change Control Process Steps The Goal-Setting Process Management by Objectives 2 Today’s Lecture Creating Strong Organizational Culture HRM System Components of a HRM System HRM Planning 3 Creating Strong Organizational Culture Values of Founder Socialization Process Ceremonies & Rites Stories & Language Organizational Culture 4 Organizational Culture Founder’s values are critical as they hire the first set of managers. Founders likely hire those who share their vision. This develops the culture of the firm. Socialization Process: newcomers learn norms & values. Learn not only because “they have to” but because they want to. Organizational behavior, expectations, and background is presented. 5 Organizational Culture Ceremonies and Rites: formal events that focus on important incidents. Rite of passage: how workers enter firm & advance. Rite of integration: build common bonds with office parties, celebrations. Rites of | Management Practices Lecture-15 1 Recap Organizational Control and Change Control Process Steps The Goal-Setting Process Management by Objectives 2 Today’s Lecture Creating Strong Organizational Culture HRM System Components of a HRM System HRM Planning 3 Creating Strong Organizational Culture Values of Founder Socialization Process Ceremonies & Rites Stories & Language Organizational Culture 4 Organizational Culture Founder’s values are critical as they hire the first set of managers. Founders likely hire those who share their vision. This develops the culture of the firm. Socialization Process: newcomers learn norms & values. Learn not only because “they have to” but because they want to. Organizational behavior, expectations, and background is presented. 5 Organizational Culture Ceremonies and Rites: formal events that focus on important incidents. Rite of passage: how workers enter firm & advance. Rite of integration: build common bonds with office parties, celebrations. Rites of enhancement: enhance worker commitment to values. Promotions, awards dinners. Stories and Language: Organizations repeat stories of founders or events. Show workers how to act and what to avoid. Stories often have a hero that workers can mimic. Most firms also have their own jargon that only workers understand. 6 Culture & Managerial Actions Consider the four functions of management: Planning: in innovative firms, the culture will encourage all managers to participate. Slow moving firms focus on the formal process rather than the decision. Organizing: Creative firms will have organic, flexible structures. Probably very flat with delegated authority. Leading: encourage leading by example. Top managers take risks and trust lower managers. Controlling: innovative firms choose controls that match the structure. 7 Human Resource Management Human Resource Management includes all activities used to attract & retain employees and to ensure they perform at a high level in meeting organizational