Podcast
Questions and Answers
What is a major flaw in today's management theories and techniques?
What is a major flaw in today's management theories and techniques?
- They prioritize employee empowerment over process improvement
- They are too people-centric and neglect organizational structures
- They focus too much on long-term goals
- They ignore the importance of creating a fair system of economic feedback (correct)
What is the primary reason why new management techniques are often short-term in their means and objectives?
What is the primary reason why new management techniques are often short-term in their means and objectives?
- They are not aligned with organizational values
- They are not linked to employee compensation and rewards (correct)
- They are designed to achieve quick results
- They are too focused on process improvement
According to the survey by Rath & Strong management consultants, what percentage of top managers believed that delivering value to customers was critical?
According to the survey by Rath & Strong management consultants, what percentage of top managers believed that delivering value to customers was critical?
- 80%
- 87% (correct)
- 70%
- 90%
What is necessary for TQM or any other management program to be cost-effective?
What is necessary for TQM or any other management program to be cost-effective?
What do organizational structures within an enterprise embody?
What do organizational structures within an enterprise embody?
What is a key aspect of creating a fair system of economic feedback?
What is a key aspect of creating a fair system of economic feedback?
Why do process-focused approaches often fail to achieve long-term success?
Why do process-focused approaches often fail to achieve long-term success?
What is a major consequence of ignoring the importance of creating a fair system of economic feedback?
What is a major consequence of ignoring the importance of creating a fair system of economic feedback?
What is the primary concern with modern management approaches such as 'Total Quality Management' and 'Management by Objective'?
What is the primary concern with modern management approaches such as 'Total Quality Management' and 'Management by Objective'?
What is a potential consequence of implementing a 'win-win' system in a corporation?
What is a potential consequence of implementing a 'win-win' system in a corporation?
According to the survey by the American Electronics Association, what percentage of companies with quality programs in place reported a failure to improve quality?
According to the survey by the American Electronics Association, what percentage of companies with quality programs in place reported a failure to improve quality?
What is a key factor in the failure of many management theories and techniques?
What is a key factor in the failure of many management theories and techniques?
What is the primary reason behind the shift from autocratic to participatory to empowerment approaches in management?
What is the primary reason behind the shift from autocratic to participatory to empowerment approaches in management?
What is a potential benefit of introducing a 'win-win' system in a corporation?
What is a potential benefit of introducing a 'win-win' system in a corporation?
What is a common issue with modern management approaches?
What is a common issue with modern management approaches?
According to the U.S. Department of Labor, what percentage of employed wage and salaried workers belonged to a union in 1992?
According to the U.S. Department of Labor, what percentage of employed wage and salaried workers belonged to a union in 1992?
What is a potential consequence of not considering key building blocks in management approaches?
What is a potential consequence of not considering key building blocks in management approaches?
What is the main argument made by Irving Bluestone and his son Barry in their book Negotiating the Future?
What is the main argument made by Irving Bluestone and his son Barry in their book Negotiating the Future?
What is the primary challenge facing the labor movement according to the passage?
What is the primary challenge facing the labor movement according to the passage?
What is a key aspect of a 'win-win' system in a corporation?
What is a key aspect of a 'win-win' system in a corporation?
What is the focus of the new approach to labor-management relations proposed by Irving Bluestone and his son Barry?
What is the focus of the new approach to labor-management relations proposed by Irving Bluestone and his son Barry?
What is the underlying theme of the passage regarding the future of work and the economy?
What is the underlying theme of the passage regarding the future of work and the economy?
What is the primary goal of the shift towards empowerment approaches in management?
What is the primary goal of the shift towards empowerment approaches in management?
What is the significance of the decline of union membership in the passage?
What is the significance of the decline of union membership in the passage?
What is essential for creating a fair system of economic feedback in an organization?
What is essential for creating a fair system of economic feedback in an organization?
What is often overlooked in modern management approaches?
What is often overlooked in modern management approaches?
What is necessary for the long-term success of management programs?
What is necessary for the long-term success of management programs?
What is a limitation of process-focused management approaches?
What is a limitation of process-focused management approaches?
What is a key aspect of creating a high-involvement organization?
What is a key aspect of creating a high-involvement organization?
What is a consequence of ignoring the importance of creating a fair system of economic feedback?
What is a consequence of ignoring the importance of creating a fair system of economic feedback?
What is a characteristic of management structures that confer real power?
What is a characteristic of management structures that confer real power?
What is a key factor in the failure of many management theories and techniques?
What is a key factor in the failure of many management theories and techniques?
What is the primary concern regarding modern management approaches?
What is the primary concern regarding modern management approaches?
What is the underlying theme of the passage regarding the future of work and the economy?
What is the underlying theme of the passage regarding the future of work and the economy?
What is the primary goal of the shift towards empowerment approaches in management?
What is the primary goal of the shift towards empowerment approaches in management?
What is the significance of the decline of union membership in the passage?
What is the significance of the decline of union membership in the passage?
What is the main argument made by Irving Bluestone and his son Barry in their book Negotiating the Future?
What is the main argument made by Irving Bluestone and his son Barry in their book Negotiating the Future?
What is a key aspect of a 'win-win' system in a corporation?
What is a key aspect of a 'win-win' system in a corporation?
What is a potential consequence of not considering key building blocks in management approaches?
What is a potential consequence of not considering key building blocks in management approaches?
What is the primary challenge facing the labor movement according to the passage?
What is the primary challenge facing the labor movement according to the passage?
What is the major drawback of modern management approaches such as 'Total Quality Management' and 'Management by Objective'?
What is the major drawback of modern management approaches such as 'Total Quality Management' and 'Management by Objective'?
What is necessary for introducing a 'win-win' system in a corporation?
What is necessary for introducing a 'win-win' system in a corporation?
What is the primary reason behind the failure of management theories and techniques?
What is the primary reason behind the failure of management theories and techniques?
What is a key aspect of creating a fair system of economic feedback?
What is a key aspect of creating a fair system of economic feedback?
What is a potential consequence of ignoring the importance of creating a fair system of economic feedback?
What is a potential consequence of ignoring the importance of creating a fair system of economic feedback?
What is a key benefit of empowering employees in a corporation?
What is a key benefit of empowering employees in a corporation?
Why do many management theories and techniques fail to achieve long-term success?
Why do many management theories and techniques fail to achieve long-term success?
What is the primary goal of introducing a 'win-win' system in a corporation?
What is the primary goal of introducing a 'win-win' system in a corporation?
Study Notes
Management Theories and Techniques
- Modern management approaches focus on process, ignoring the importance of creating a fair system of economic feedback that links workers' compensation and rewards to their contributions to the bottom-line.
- 80% of Fortune 500 companies do not tie compensation for all employees to customer satisfaction, despite 87% believing that delivering value to customers is critical.
Empowerment of Working People
- Process-focused approaches fail to systematize and institutionalize high involvement and true empowerment of working people.
- A senior engineer at IBM's Activity Based Management Competency Center stated that TQM programs are not cost-effective until every individual employee can see some benefit to themselves personally.
Management Structures
- Management structures within an enterprise confer real power, guiding and reinforcing the actions of human beings within the organization.
- These structures embody organizational values and habit patterns built up over time.
Labor Movement
- Union membership in the US has declined from 35% of the non-agricultural workforce in 1954 to 15.8% in 1992, and currently stands at 11.5% of private sector employees.
- Some within the labor movement are questioning whether the old modes of thinking are sufficient or viable.
Alternative to Conflict-Producing Wage System
- The conflict-producing wage system is destroying economies and workplaces, and an alternative "win-win" system for running business is needed.
- This alternative system should create broadly enjoyed prosperity and empowerment.
Failures of Management Theories and Techniques
- Many management approaches, including TQM, have a dubious success rate, with 63% of companies failing to improve quality by even 10% despite having quality programs in place.
- The main problem with these approaches is that they omit key building blocks, leading to long-term failure.
Management Theories and Techniques
- Modern management approaches focus on process, ignoring the importance of creating a fair system of economic feedback that links workers' compensation and rewards to their contributions to the bottom-line.
- 80% of Fortune 500 companies do not tie compensation for all employees to customer satisfaction, despite 87% believing that delivering value to customers is critical.
Empowerment of Working People
- Process-focused approaches fail to systematize and institutionalize high involvement and true empowerment of working people.
- A senior engineer at IBM's Activity Based Management Competency Center stated that TQM programs are not cost-effective until every individual employee can see some benefit to themselves personally.
Management Structures
- Management structures within an enterprise confer real power, guiding and reinforcing the actions of human beings within the organization.
- These structures embody organizational values and habit patterns built up over time.
Labor Movement
- Union membership in the US has declined from 35% of the non-agricultural workforce in 1954 to 15.8% in 1992, and currently stands at 11.5% of private sector employees.
- Some within the labor movement are questioning whether the old modes of thinking are sufficient or viable.
Alternative to Conflict-Producing Wage System
- The conflict-producing wage system is destroying economies and workplaces, and an alternative "win-win" system for running business is needed.
- This alternative system should create broadly enjoyed prosperity and empowerment.
Failures of Management Theories and Techniques
- Many management approaches, including TQM, have a dubious success rate, with 63% of companies failing to improve quality by even 10% despite having quality programs in place.
- The main problem with these approaches is that they omit key building blocks, leading to long-term failure.
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Description
This quiz focuses on the limitations of modern management theories and techniques, which often prioritize process over people and fail to empower workers in the long run.
