Challenges of

Managers
1. Globalization of economy
2. Corporate restructuring
3. Newer organizational designs
4. Changing job profile
5. Changing workforce profile
6. Increasing role of woman employees
7. Emphasis on knowledge management
8. Increasing quality consciousness
Globalization of economy:
üManagers are required to be familiar with the
attitudes, beliefs, and values prevalent in the
host countries.
üKnowledge of other conditions prevailing in
those countries.
üCultural Diversity, Language Diversity,
Workforce Diversity, Economic Diversity
Corporate restructuring:
üRe-structuring the entire business around and
organization's core competence.
üRe-structuring involves divestment of non core
business or acquisitions and mergers.
Newer Organizational Designs:
üOrganizations are focusing to shift from steep
hierarchy to flatter network.
üPractise of flexible structure
Changing Job Profile:
üFast changing technology, particularly in terms
of automation, information technology.
ünature of jobs has changed over the period of
time.
Changing in work Profile:
üEmployees are more educated, skill-oriented,
comparatively younger and have high
expectations. It lead to change in work profile.
üIncreasing role of Knowledge workers
üChallenging jobs
üAutonomy
üImmediate Feedback and Rewards
üLifestyle
Increasing role of working Employees:
üEmployment of women presents several
challenges which HR department has to face.
üWomen employee faces the problem of
maintaining her career and family life.
Emphasis on Knowledge Management:
üTo survive in today’s competitive market,
businesses need to recognize and manage the
knowledge’s within the organization as an
asset.
üKnowledge creation
üKnowledge sharing
üKnowledge Utilization
Increasing quality consciousness:
• Emphasis on total quality management:
• Quality process
• Continuous improvements
• People process
• Emphasis on kaizen:
• Way of thinking and management system that supports and
acknowledges people’s oriented efforts for improvement.
• Moving towards six sigma:
• Six sigma uses statistical techniques to improve business
processes and can be used in both manufacturing and
service sectors.
• Quality certification
• Increasing emphasis on international trade, the need
for a common set of universally accepted quality
procedures and methods emerged which led to the
formulation of International Standard Organization
(ISO)