Modern Management Theory
Gisella Giorda
Created on August 24, 2022
reading
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Transcript
Modern Management Theory
Start
P1/5
This system was introduced from Japan in the 80s. It means ordering components exactly when you need then, and supplying goods exactly when the customer needs them. It eliminates storage time and reduces cost.
Corporate downsizing
Empowerment
Just-in-time
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Pregunta 2/5
Outsourcing
Re-ingeneering
Many large corporations and multi-nationals had grown too complex by the 90s. Some sectors of the organization were less profitable. Many of these companies sold off or closed the underperforming sectors.
Corporate downsizing
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Management increasingly understands the value of sharing power with others throughout the organization. This leads to more participation in decision-making?
3/5
Outsourcing
Total Quality Management
Empowerment
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Next
Re-ingeneering
/5
Learning organization
Empowerment
Total revision and restructuring of an entire company. It involves asking fundamental questions about the objectives of the business and how it operates. It aims to create big improvements in cost, quality and product.
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55/5
Corporate downsizing
Learning organizations
This approach recognises that the company cannot do everything. It can be better to use external suppliers for some specific operations
Outsourcing
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