Topic: New trends in Management and how the field of management has been

affected by the global and regional trends“

Submitted By: Khalida Baig and Fatima Sher

Registration #: 2023-KIU-BS1415 & 2023-KIU-BS1409

Submitted To: Dr. Sajjad Haider

Semester: BBA- V

Department: Management Sciences

INTRODUCTION:

Management  the process of planning and organizing the resources and activities of a

business to achieve specific goals in the most effective and efficient manner possible.

Management is crucial for the success of any organization. It involves planning, organizing,

coordinating and directing a group of people to accomplish to achieve specific goals and

objectives effectively. To be an effective leader, you must understand how to

manage your workforce.

Evolution of Management:

The Evolution of Management Thought is divided into four sections  planning,

organizing, leading, and controlling.

But

“Early Management Thought,”

• The Scientific Management Era,

• The Social Person Era, and

• The Modern Era.

New Trends in Management:

• A Collaborative Organization 🤝

• 🏃‍
Training
‍♀️️ Employees & Managers 🏃‍️

• Achieving Gender Equality 🦾

• 🤸‍
Flexible
‍♀ ️️ Leadership & Management 🤸‍️

• Managing Gen Z Workers 🤳

• Remote Employees & Hybrid Working 💻

• Developing Soft Skills 🗣

• Experimenting With Artificial Intelligence 🤖

The Benefits of Digital Transformation

• Increases Customer Satisfaction. ...

• Drives Data-Based Insights. ...

• Enables Software Monetization. ...

• Enables High-Quality User Experience. ...

• Encourages Collaboration & Improves Communication. ...

• Increases Agility. ...

• Limits Human Error. ...

• Encourages an Environment of Employee Excellence.

Global and Regional Trends:

Challenges

1.Increasing Concern for the Environment

2.Greater Personalization and Customization

3.Faster Pace of Innovation

4.Increasing Complexity

5.Increasing Competition for Talent

Solutions:

1.Becoming More Connected

2.Becoming More Global

3.Becoming More Mobile

4.Rise of the Creative Class

5.Increasing Collaboration
Conclusion: