Perspective Management

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National Institute of Business Management
Chennai - 020
EMBA/ MBA

Perspective Management

Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)

Q. 1.       Understanding some confusing actions that are ancillary, but are necessary part of long range strategic planning. Explain.

Answer: Strategic planning concepts and the notion of long-range planning will continue to be integral parts of responsible management. But they may require a substantial rethinking if they are to remain relevant. For example, they will have to be applied more selectively, depending on such things as the industry, the nature of competition, and the speed with which a particular organization's environment is changing. And there is a question about whether a sufficient cadre of managers is being prepared to do this. These are conclusions resulting from a reading of responses to this month's column. These organizations engage in



Q. 2.       Write an essay on Management of Innovation and its challenges.

Answer:Innovation represents the core renewal process in any organization. If an organization want to survive in today's turbulent environment he should have to prepare for renewing the offerings and its delivery process to their stakeholders. Innovation gives two distressing conclusions- first, that most innovations which destroy the existing order originate from newcomers and outsiders to a particular industry, and second, that few of the original players survive such transformations. So, here the question is not to innovate but how to implement the innovation successfully. Managing innovation becomes one of the key strategic dimensions




Q. 3.       What is the need for an effective management? Explain.

Answer:Management: is the organisational process that includes strategic planning, setting; objectives, managing resources, deploying the human and financial assets needed to achieve objectives, and measuring results. Management also includes recording and storing facts and information for later use or for others within the organization. Management functions are not limited to managers and supervisors. Every member of the organisation has some management and reporting functions as part of their job.



Q. 4.       Explain the classical theory for the design of organization structures.

Answer:

Q. 5.       What are formal and informal Organization? Explain the effects of technologies.

Answer:

Q. 6.       Write an essay on Strategic Business Planning?

Answer:Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains an important aspect of strategic management. It is executed by strategic planners or strategists, who involve many parties and research sources in their analysis of the organization and its relationship to the environment in which it competes.


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Send your semester & Specialization name to our mail id :
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or
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