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Current trends in OB and Global perspective. Current trends. IT globalization and diversity serve as very important contextual dimensions for OB. Still the key to successful organizations have always been people. What is common between Lord Ram, Sam Walton, P. Drucker and Bill Gates?
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Current trends in OB and Global perspective Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
Current trends • IT globalization and diversity serve as very important contextual dimensions for OB. • Still the key to successful organizations have always been people. • What is common between Lord Ram, Sam Walton, P. Drucker and Bill Gates? • Technology can be purchased and copied, people however, can not be. Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
Changes that have taken place • Technological and human components of work have become inextricably blended. • Jobs are less tightly defined and programmed . Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
Changes that have taken place • Networks of influence and relationships are changing. • Complexion of the work force has changed. • Expectations, aspirations and values have transformed. Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
Changes that have taken place • Knowledge management • Learning organisation • Virtual Organisation Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
The OB paradigm • Basic question remains the same- What motivates? The answer has changed. • Organization has become a living creature. Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
The modern organisation • Organizations of future will be like Noah’s Arc. • Managers will have to act like conductor of a symphony orchestra. Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
Challenges • Tendency to power equalize. • Ego as the fountainhead of progress and problems. • Shrinking zone of acceptance. • Relationships based on likings and love. • Knowledge Management. Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad
Strategies • Empowerment - Responsibility - Authority - Technology • Demolishing the traditional models of power relationships. • Unconventional supervision. Singh & Pathak, Department of Management Studies, Indian School of Mines, Dhanbad