T.C.

PİRİ REİS UNIVERSITY

FACULTY of ECONOMICS & ADMINISTRATIVE SCIENCES
FALL SEMESTER OF 2023-2024 ACADEMIC YEAR
UTI211 MANAGEMENT AND ORGANIZATION
TERM HOMEWORK

Date: 28.12.2023
Student’s Name & Surname: Ahmet Kerem Yılmaz
PRU student number: 20210303035
Class: 2
Signature:

WHAT ARE THE ORGANISATIONAL CHALLENGES IN MANAGING BUSINESS IN THE

NEXT DECADE AND BEYOND IN VIEW OF EMERGING TRENDS AND TECHNOLOGIES?
HOW DO YOU ASSESS THE FUTURE OF WORK?

LIST THE CONTEMPORARY ISSUES THAT MANAGERS FACE TODAY IN MANAGING

BUSINESSES AND EXPLAIN EACH IN ONE PARAGRAPH.

Organizational Challenges in business management for the Next Decade and Beyond:

1. Technological Disruption:
So, we are living in an era of technology turmoil and integrating AI, automation and blockchain into our
daily operations? It's like trying to stick a square nail into a round hole. Sure, it shows promise, but
making these fancy technologies work smoothly with our current processes is like herding cats – a little
chaotic.

2. Remote and Hybrid Working Models:

Thank you to Pandemic for making remote working the norm. But managing teams virtually? It's like
trying to host a party on Zoom – you can't tell who's engaged and who's secretly browsing memes. And
this whole hybrid model? It's like trying to bake a cake without flour - something is missing. We want
cooperation, but everyone is in their own bubble of working from home.

3. Talent Management and Skills Gap:

The world of technology moves fast, and keeping up is like running on a treadmill. Finding, hiring and
training people with the right skills is like looking for a needle in a haystack. Of course we want a
superior team, but is this to convince them to stay and learn new tricks? It's like teaching your
grandmother to code - not impossible, but definitely a challenge.

4. Data Privacy and Cyber Security:

In the age of all things digital, keeping data safe is like playing hide and seek with hackers. Cybersecurity
measures are very important, but it's like building a fortress only to find out that there is a hidden
trapdoor. And ensuring that employees comply with all these safety protocols? It's like persuading a cat to
take a bath - a real struggle.

5. Environmental, Social and Governance (ESG) Responsibilities:

Suddenly, everyone started to be environmentally and socially responsible. Balancing profit with being
green and socially conscious is like walking a tightrope. Of course we want to be ethical but this is like
trying to diet in a chocolate factory – it's tempting but challenging.

6. Agility and Change Management:

UIT 211 Term HW – I Prof. Dr. Taner Albayrak Fall 2023 Term
They say change is constant. Switching to a more agile setup sounds nice, but it's like turning a cruise
ship into a speedboat. Traditional structures are like cement shoes - they weigh you down. And convince
the whole team that change is good? It's like convincing a toddler that broccoli is a treat - easier said than
done.

7. The Challenges of Globalization:

Working globally is like juggling flaming torches while riding a unicycle. Various regulations,
geopolitical headaches and complex supply chains are enough to make everyone's head ache. Building
flexible supply chains is like building a house of cards - it looks good until the wind blows.

Evaluating the Future of Work:

1. Remote and Hybrid Operation Integration:

I mean, the future of work is all about staying in your pyjamas while you're productive, right? Integrating
remote and hybrid models is like trying to make a sandwich with invisible bread. We want flexibility, but
is he figuring out how to measure productivity and keep team spirit alive? It's like trying to find a needle
in a haystack - it's difficult.

2. Digital Transformation and Artificial Intelligence Integration:

Embracing digital transformation is like entering a technology forest. We want to be at the forefront, but
it's like trying to understand a new language. AI is great, but is it getting everyone on board without fear
of job loss? It's like introducing your grandparents to social media - it's been met with scepticism.

3. Focusing on the Well-Being of Employees:

Suddenly everyone is worried about welfare. Prioritizing mental health and work-life balance is like
trying to find silence at a rock concert. We want happy, healthy employees, but do we implement the
policies that everyone likes? It's like trying to get everyone to agree on pizza toppings - it's impossible.

4. Continuous Learning and Adaptability:

Lifelong learning is the mantra, but persuading staff to adopt it is like telling them it's back to school –
cue collective groans. Of course, we want an adaptive workforce, but is it to ensure that everyone joins
the party of learning? It's like taking a cat to a compulsory dance class - not everyone gets excited.

5. Flexibility and Agility:

The future workplace demands flexibility, but it's like asking a penguin to fly. Are traditional structures
like rusty chains and will they break free? It's like trying to escape from Alcatraz. We want agility, but do
we want to convince the old guard that change is good? It's like telling a cat to walk on a leash - it's been
met with resistance.

6. Ethical and Inclusive Practices:

Ethical business practices are in vogue, but implementing them is like walking on a tightrope. We want
diversity, equality and inclusion, but it's like fitting cats into a group photo - everyone is going in a
different direction. Of course we want to be ethical but this is like trying to diet at a buffet – there are
temptations everywhere.

7. Human-machine cooperation:
Collaborating with machines sounds nice, but it's like partnering with an alien species. We want harmony,
but is it to make people and machines work together smoothly? It's like trying to get a cat and a dog to
share a bed - it's potential chaos. Of course, we want technology to empower us, but this is like
introducing a cat to a robot vacuum – unpredictable reactions.

As a result, running businesses in the next decade is like riding a roller coaster blindfolded. There are
many challenges, from technical glitches to convincing the team that the change is good. The future of
UIT 211 Term HW – I Prof. Dr. Taner Albayrak Fall 2023 Term
work? It's a bit like trying to predict the weather – you think you know what's going to happen but you're
always ready for a surprise. Success is about embracing chaos, learning from failures and maybe even
enjoying the journey.

LIST OF THE CONTEMPORARY ISSUES THAT MANAGERS FACE TODAY IN

MANAGING BUSINESSES

1. Technological Disruption:
I mean, we're in a whirlwind of technological wonders, right? Artificial intelligence, automation, data
analytics - it's like trying to catch lightning in a bottle. Sure, there's the promise of productivity and
staying ahead, but integrating them into our good old workflows? It's like teaching an old dog new tricks.
Also, to convince the team that these wonders of technology will not steal their jobs? It's like explaining
quantum physics to a toddler.

2. Diversity and Inclusion:

Diversity and inclusion – it sounds great, but practicing it is like baking a cake blindfolded. We want a
mix of abilities and backgrounds, but do we want to address prejudices and promote an inclusive culture?
It's like trying to solve a Rubik's Cube in the dark. Everyone talks about the benefits, but to get the whole
team on board? It's like organising a family reunion - lots of ideas and not everyone gets excited.

3. Remote Work Management:

Thank you global events for making remote working the norm. But managing teams virtually? It's like
herding a cat on a video call - everyone is in their own world. And this hybrid model that everyone's
talking about? It's like trying to knit a sweater with a single needle. We want cooperation, but the team is
scattered like puzzle pieces in the storm.

4. Talent Acquisition and Retention:

The battle for talent is real - it's like a game of capture the flag and everyone is running in different
directions. It's one thing to attract the crème de la crème but to make them stay? It's like persuading a cat
to take a bath - it's not impossible, but it requires a serious strategy. We want a dream team but is it to
make them happy? It's like juggling with burning torches - exciting but risky.

5. Cyber Security Concerns:

In the age of all things digital, protecting data is like playing hide and seek with hackers. Cyber security
measures are essential, but it's like building a fortress on a sandbank - you can never be sure if it will hold
up. Convince everyone in the office to follow these security protocols? It's like trying to teach a dog to
dance - it's a bit difficult.

6. Ethical business practices:

So, suddenly, everyone is getting into ethical business - it's like a moral revolution. Balancing profit
with being socially responsible is like walking a tightrope over a shark tank. Of course, we want to be
ethical, but this is like trying to diet in a chocolate factory – there are temptations everywhere. And
convince the entire team to follow the ethical compass? It's like putting cats through a morality seminar -
not everyone is interested.

7. Environmental Sustainability:

UIT 211 Term HW – I Prof. Dr. Taner Albayrak Fall 2023 Term
 Going green is the new black, but is doing it in business? It's like turning a cruise ship into a bicycle.
Navigating regulations, reducing carbon footprints - it's like trying to plant a garden in a concrete jungle.
Of course, we want to save the planet, but it's like trying to explain climate change to a goldfish - it's a bit
overwhelming.

8. Global Supply Chain Disruptions:

Operating globally is like conducting a symphony with players from different planets. Geopolitical
uncertainties, natural disasters - it's like trying to predict the weather on Mars. Creating flexible supply
chains is like building a house of cards in a storm – it looks good until it's not.

9. Employee welfare:
Suddenly, everyone is interested in the well-being of employees - it's like a workplace spa day. Creating
a supportive environment is like trying to find peace in a hive. We want happy, healthy employees, but
are we implementing policies that everyone likes? It's like trying to agree on pizza toppings for a big
family reunion – chaos.

10. Data Privacy Compliance:

The whole data privacy dance is like walking on eggshells in a minefield. Navigating the GDPR and
other regulations? It's like decrypting an old treasure map. And making sure everyone follows the rules?
It's like teaching a cat to play poker – it's been met with scepticism.

11. Rapid Technological Obsolescence:

Technology moves at the speed of light, and keeping up is like chasing a cheetah on roller skates. It's
great to invest in the latest technology, but what happens when it becomes yesterday's news? It's like
buying a brand new car and realizing that it works with tapes. Adapting to new technologies while
managing the cemetery of the old ones? It's like conducting a technology orchestra with instruments from
different centuries.

12. Evolving Consumer Expectations:

Consumers change their minds more often than a chameleon changes color. Meeting and exceeding
your expectations is like trying to catch a falling star. To understand consumer trends, adapt marketing
strategies and offer personalized experiences? It's like trying to juggle flaming swords - exciting but risky.

In the great theater of business management, these challenges are like plot twists in a suspense–filled
novel - unpredictable, sometimes messy, but they keep the story interesting. Navigating successfully
requires a mix of strategy, adaptability and perhaps a touch of humor to Deconstruct the occasional chaos.
After all, running a business is a bit like running a circus - the show must go on, failures and all.

UIT 211 Term HW – I Prof. Dr. Taner Albayrak Fall 2023 Term
UIT 211 Term HW – I Prof. Dr. Taner Albayrak Fall 2023 Term