The Management Revolution

THE MANAGEMENT REVOLUTION presented by: topmanagementdegrees.com Management - The organization and coordination of the activities of a business in order to achieve defined objectives. TRADITIONAL MANAGEMENT STYLE NEW MANAGEMENT STYLE versus The company controls each result Produce goods and services through the process When errors are made, they identify who made it and then correct it When errors are made, they identify what allowed the error and then reduce variation in order to prevent the error Believe employees are the cause of problems Believe refining the process will reduce problems Management is accountable to the manager Management is accountable to the customer There is competition within the company There is teamwork Employees motivated by fear of failure Employees are self-motivated Management of outputs - focusing on detection of defects Management of process inputs - focus on prevention of defects Fire fighting - address crises as they happen Continuous process improvement Accomplishment comes from meeting quotas and bottom lines Accomplishment comes from long-term impact of improving processes NEW MANAGEMENT STYLES HAVE LESS HIERARCHY Companies don't treat humans as machines Things are kept small Many of today's top companies are using new management styles that encourage teamwork, creativity and boost overall employee happiness. DEPARTMENTS KEPT SMALLER THAN 150 PEOPLE The theory of Dunbar's Number says that 150 is roughly the maximum number of people that the brain can know, have connections with, and maintain genuine social relationships with. By maintaining connections with coworkers, there can be better collaboration and efficiency. Google At Google's new headquarters (expected to be completed in 2015), every worker is expected to COLLEAGUES WORKING be within a 2.5 minute walk from each other WITHIN CLOSE PROXIMITY TO EACH OTHER, HAVE An infinity loop-shaped pathway runs through the building to better connect employees INCREASED COLLABORATION FOR EVERY 100 FEET OF SHARED SPACE, COLLABORATIONS INCREASED BY UP TO 20%. Free rental cars for running errands Free child care, hair cuts, gourmet food, on-site gyms, laundry services, shuttle service, oil changes O Use of Google's products even before they're released Free beer and wine on Fridays Employees can bring pets to work 80/20 rule allows 80% of their time working on assigned tasks and 20% working on "passion projects" that will benefit the company Massage credits for jobs well-done which can be redeemed for one-hour massages O Ability to take extended time off ti Paid maternity/paternity leave and a "baby bonding" bonus to help with expenses Nap pods Extensive death benefits (spouses get ½ of the deceased's pay for 10 years after death, with an extra $1000/month for each child) T Concierge services to do anything from planning parties to locating items Zappos Zappos encourages employees to have more contact with each other and the community ABOUT A WEEK AFTER COMPLETING THIS PROCESS, Upon hire at Zappos, employees receive four weeks of training where they learn the company's culture, strategy and processes ZAPPOS OFFERS NEW HIRES com POWEREDB y SERVICETM $2000 IF THEY QUIT + On-site gym UUH Adoption and infertility benefits Healthy babies program Free smoking cessation classes e On-site fitness classes Free food E On-site Weight Watchers sessions k Nap room Cab vouchers Private health consultations i Family counseling services Wellness fairs Prepaid legal services plan jsi Concierge service + Flexible spending account for medical care A Monthly team outings S Paid volunteer time off DREAMWORKS ANIMATION FACEBOOK Facebook's campus has been called its own little city Movie screenings th Family get-togethers Candy shop Bike repair shop Video arcade Art and film festivals Free food Ш1 Ваnk f Barbershop Barbecue shack Artistic development classes Y Doctor's office Dentist's office Dry cleaners Mexican restaurant Yoga and kickboxing classes O Doctor's office Coffee shop A Pizzeria Full-size kitchen on every floor, stocked with snacks + Gym e Sushi restaurant Burger place presented by: topmanagementdegrees.com Sources: http://www.google.com/about/company/facts/managenment/ http://www.forbes.com/sites/timworstall/2013/06/21/lessons-from-googles-management-style/ http://www.businessdictionary.com/definition/management.html#ixzz2aRSPUmWn msqaa.org/Newsletter/TraditionalManagetoQualityManage.doc http://online.wsj.com/article/SB10001424127887323798104578455081218505870.html http://www.businessinsider.com/google-employee-favorite-perks-2013-3?op=1 http://www.workforce.com/articles/dreamworks-animation-cultivates-a-culture-of-creativity http://www.bizjoumals.com/sanjose/news/2013/04/03/facebooks-12-most-fantastic-employee.html?page=all http://www.businessinsider.com/companies-with-awesome-perks-2012-10#dreamworks-animation-6 http://www.CxO.eu.com/article/How-the-dream-works/ http://about.zappos.com/it-true-zappos-offers-new-hires-2000-quit http://about.zappos.com/jobs/why-work-zappos/our-benefits http://www.businessweek.com/articles/2013-01-10/the-dunbar-number-from-the-guru-of-social-networks http://www.businessweek.com/stories/2008-09-16/why-zappos-offers-new-hires-2-000-to-quitbusinessweek-business-news-stock-market-and-financial-advice DEVELOPED BY N NOWSOURCING