INDUSTRIALIZATION and

HUMAN DEVELOPMENT
Human Being
• Common fate:
> the reality of temporal, transient earthly
existence
> the need to make lives good for the body and
soul

• Essential Components:
>BODY
>INTELLECT
>EMOTION
HUMAN DEVELOPMENT

Good Life

How?
1. Environment must necessarily be
hospitable to the development of the 3
essential components
2. Man must exert all efforts to make the
environment hospitable
Essence of Human Development
man is able to nurture his essential and
basic components in an environment w/c
he strives to make as possible for his
development

Man’s WELL-BEING is the purpose of human

development and
man is the MAIN SOURCE of such
development.
 2 intrinsic aspects of HD
1. Personal Growth
-concerned with 3 areas:
a. Satisfaction of Human Needs
>Basic needs
>Social Acceptance
>Self-Actualization
b. Sharpening of One’s Awareness
>of himself and his potential
>of others
c. Cultivating Communication/Interaction
Skills
 2 intrinsic aspects of HD
2. Professional Growth
-is concerned with
a. Breadth – providing an array of generally
useful knowledge
b. Focus - harnessing potential to use
knowledge in practical applications
c. Flexibility to address a variety of problems
d. Continuing education to enhance
productivity
CONTEXT of HD
Component 1: That man is both the means and the end of
development.

Component 2: That industrialization is basically an effective and efficient

input- output system usually managed by human beings.

Component 3: That the nature of the workplace and the design of

the work in organizations engaged in industrialization have a
profound influence of human development.

Component 4: That the benefits or frustrations experienced by

human beings are reflected in career systems, reward systems and
manpower dev’t/training programs

Component 5: Values/assumptions
INDUSTRIAL DEVELOPMENT
>concerned with the effective and efficient supply
of scarce resources, and the consequent output of
useful products

Industrial Activities covers the following areas:

1. The search for and the use of scarce resource
inputs
2. The allocation/conversion process of these
resources
3. Useful products/outputs
Participation of Human Beings in Organizations

To make themselves economically viable, human

beings become members of any organizations.

For human beings to develop as members of an

organization, adequate factors must be considered:

1. Make the workplace a hospitable environment

2. Design the work itself that will challenge the
person to utilize their full potentials as human
beings
3. Provide monetary and monetary reward
systems to fulfill the needs of the workers
4. Design a career system for upward mobility,
usually based on merit
5. Provide a continuing training
THE ROLE OF TOP MANAGEMENT

The Importance of Company Policy

Explain the statement below by comparison.

CHIEF EXECUTIVE SHOULD BE LIKE A PILOT OF A

PLANE.
Like a Pilot, a Chief Executive must…
• be familiar with the plane and the interrelationships
among its parts
• set to it that the craft operates in the most efficient
manner
-the operation of the aircraft is not an end itself
• bring the passengers to their desired destination
SAFELY
Why study Business Policy?

1. We must know and understand the policies and

goals of the organization.
-CENTRAL PURPOSE
2. Must have a sense of mission, character and
importance of the company as a whole

If an individual doesn’t know the larger purpose for

which he serves, he cannot serve it well.
Responsibilities of the CEO
1. Elaborate the major policies of a firm with the
help of the BODs
2. Define the objectives of the firm
3. Develop strategies and the long-range plan for
achieving these objectives
4. Develop an organization which most efficiently
carries out the company’s strategic plan
5. Must develop the operating policies which
ease the burden of decision-making to carry
out the plan
6. Involve in controlling the operations of the
firm and in problem-solving
DEFINITIONS

1. Major Policy/ Company Policy

-deals with the firm fundamental nature, its
identity, and the direction in which it is expected to
move
-is it similar with rules?
2. Objectives/Goals
-specify, usually in quantitative terms, where the
firm is expected to be at some time in the future
- example: 20million sales, 10% increase
DEFINITIONS
3. Strategy
-approach develop to achieve the objectives
-defines in detail how the firm is to get from where it is now to
where the objective state it should be at some time in the
future
-most critical part of a long-range planning
4. Operating Policies
-guide for decision-making
-provides a framework within which management can make
decisions that are consistent in themselves and are in
accordance with the strategic plan and objectives
-example: programmed and Nonprogrammed decisions
MAJOR POLICIES OF AN ENTERPRISE
Often, major policies are in the form of “ statements of
purpose” and gives guidance and direction to the
firm.

Example: “ This company will be one of the leading

firms in the manufacture of all types of textiles and
eventually of ready-made clothing. Full ownership
shall remain in the hands of members of the family.”
MAJOR POLICIES CAN BE STATED IN TERMS OF:

1. Maximize profits or minimize losses

2. The products and/or services the company
will produce and sell
3. Anticipated position within the firm’s
industry
4. Concern of the geographic location
5. Product quality for which the company will
be known
6. Ownership
7. Degree and type of social responsibility
MAJOR POLICIES
-defines the character of the firm
-arrived at only after careful study, clear thought, and
considerable discussion
-once established, they should not be changed lightly
but can’t be considered as immutable
-review it periodically (3 to 5 years)
WHAT TO TAKE ACCOUNT IN MAKING MAJOR
POLICY?
1. Characters or personalities of the owners
2. Firms’ resources
- plant, equipment, worker’s skills,
management capability and capital
3. Possibility of changing resources
4. External environment
5. Projected changes in the external
government