Nitie-Sahil-session1

This discussion will consist answer to few of the questions like :

•          How to have effective management ?
•          What are the main requirements for effective management ?
•          How to plan and execute effective management ?

To answer the first question we need to understand the goals that are needed to be set before achieving effective management. Here the role of smarter goals is important and we shall try and understand it in detail now.

SMARTER GOALS

Letter

Major Term

and    Minor Terms

S	Specific	Significant, Stretching, Simple
M	Measurable	Meaningful, Motivational, Manageable
A	Attainable	Appropriate, Achievable, Agreed, Assignable, Actionable, Ambitious, Aligned, Aspirational, Acceptable, Action-focused
R	Realistic	Results-oriented, Relevant, Resourced, Resonant
T	Timely	Time-oriented, Time framed, Timed, Time-based, Timeboxed, Time-bound, Time-Specific, Timetabled, Time limited, Trackable, Tangible
E	Evaluate	Ethical, Excitable, Enjoyable, Engaging, Ecological
R	Reevaluate	Rewarded, Reassess, Revisit, Recordable, Rewarding, Reaching

Setting of goals needs to be carried out in two phases :

1.           Before performance.
2.           After performance.

Let us try and understand 1^st phase in detail with practical examples.

An activity of tower building was considered for practical example in which we had to make a tower building from a lot of equal sized cubes available. Initially the 1^st phase of the activity was initiated which took into consideration the following:

•  Potential -  A realistic value was cited by each student in the class (for eg. 21, 17, 13...etc to name a few) as a part of setting the goal.
• Historical performance – Some past experience were shared to get an idea of actually achievable number.The previously achieved number was mentioned as 17.

 After this the goal was set and was ready to enter in the execution phase.

Proceedings of the activity by step:

Activity started with 3 candidates being the volunteers. Each candidate was related to positions in real business organisation. One represented the top layer mainly the owner of the company who had only a little participation in the activity. The 2^nd candidate held  the senior position in the company (for eg. a CEO for instance). The 3^rd and the final candidate had the toughest part to play being the actual worker of the company and carrying out the work.

Rule followed was that the worker would be blindfolded and he will build the tower with his odd hand.

A glance of activity proceedings when in midway

Our professor trying to calm down the things and explaining the process

Activity reaching the set target

    

Finally the tower and the people taking a sigh of relief after achieving set target

Summary : 

The activity showed that how an owner would react to the situations without much being in his hands. The 2^nd candidate or the senior position holder of the company displayed the work of management and to keep calm in different situations. The 3^rd person displayed the work of the normal workers ie focussing only on the goal with effective understanding.

Now after the 1st phase is over and the activity has also finished we enter into the 2nd phase ie after performance. It mostly consists of evaluation of the whole process by comparing the findings with the assumptions taken before.

Some thoughts about Theory X and Theory Y are as follows 

     1) Theory X states an authoritative type of management where the manager gets the work done by force. It assumes the following for an average person :

• Dislikes work and attempts to avoid it.
• Has no ambition and wants no responsibility.
• Is self centered and therefore does not care about the organisational goals.
• Resists change.

      

      Basically it assumes that people work only for money and security.

     2) Theory Y states a participative type of management where the participates and motivates the worker. Few assumptions of theory Y are as follows :

• Work can be as natural as play and rest.
• People will be self -directed to meet their work objectives.
• People will be committed to their objectives.
• Under this condition, people will seek responsibility.

In the above activity we truly followed the Theory Y by implementing participation of the manager.