MANAGEMENT

CHALLENGES IN 21st
CENTURY
ORGANIZATION
Prepared By:
Er Janak Rawal

EMBA FALL 2019

ACE Institute Of Management
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

 Creative Thinking
 Globalization
 For The Mankind
 Technology
 Knowledge workers
 Leading People
 Quality Product With Green Economy
 Diversity
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

 Critical Thinking

o To ensure that, the work of management serves a

higher purpose
o Growing need of market networks
o Rethinking the philosophical concept
o Time for self, as resource is only self
o Think for adaptable, changeable and strategic
decisions
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

 Globalization

o Uncertain market
o Changing business nature
o Changing law and legislative clause worldwide
o Consumer variant choice of the product
o Increased number of companies, globally
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

 For The Mankind

o Equality in the workplace

o Saving the earth
o Reversing poverty
o Achieving sustainable lifestyle
o Cultivating creativity
o Expanding human potential
o Bridging the skill and wisdom gap
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

Technology

o Avoid Security threats

o Harnessing the power of new technologies
o Artificial intelligence
o Regulating big data and privacy
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

 Knowledge Workers

o Social accountability
o Changing needs and expectations
o Cheap labor wont be an advantage.
o Sharing power, information and knowledge
o Open, Democratic and moral system
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

Leading People

o Reduce fear of the group member

o Increase trust among the group member
o Reinvent the means of control
o Redefine the work of leadership
o Outdated management models
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

 Quality Product With Green Economy

o Ensure the best quality product

o Good quality with low price competition
o Optimum use of resources
o Sustainable system
o Environmental friendly
MANAGEMENT CHALLENGES IN THE 21st CENTURY
ORGANIZATION

Diversity

o Workforce Demographics
o Leadership Development
o Managing Diverse workplace culture climate
o Developing Learning and Growth Strategies
o Handling Diverse Customer Community
o Equality in the workplace