Competencies of Management: Issues, Shaping Organizations, and Required Skills

This report discusses the impact of management issues on organizations in the 21st century, including ethics, sustainability, innovation, and entrepreneurship. It also covers the competencies required for complex, diverse, and globalized workplaces, and effective research on a variety of organizational settings.

Management Issues

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Contents
Introduction...........................................................................................................................................2
Management issues shaping organisations in 21st century..................................................................2
Management competencies required for complex, diverse and globalised workplaces.......................3
Variety of organisational settings..........................................................................................................4
Conclusion.............................................................................................................................................5
References.............................................................................................................................................6

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Introduction
In current conditions the organisation are facing many challenges and because of that the
working of organisation are getting affected on large-scale. The main management issues
which are rise in the modern business world are Ethics, Sustainability, Innovation and
Entrepreneurship. This report contains the impact of management issues which are shaping
organisation in 21st century and also includes there positive effects on business if they are
maintained properly. Further in this report discuss management competencies which are
required by organisation to face complexity, diversification and globalisation in work place.
Further discuss the effective research on variety of organisation settings.
Management issues shaping organisations in 21st century
The term ethics refers to principles which are designed to govern the conduct of a person,
members of a profession or an organisation. The ethical issues cover a wide range of topics
but most arise due to potential conflict between the goals of the organisation, or goals of
individual, managers and fundamental rights of stakeholders.Ethics have become an
organisation priority in 21st century, society need for an ethical culture in every organisation
opportunities to influence social culture, through the institutionalisation of ethical values.
When this occurs, communities benefit from the positive influences employees take from
their workplace back to families friends and associates (Hartman, DesJardins& MacDonald,
2014).
Business sustainability is also define as managing a process by which companies manage
their financial, social and environment risks, obligation and opportunities. These three
impacts are referred to as profits, people and planet. In 21st century the sustainably in
business playing very important role in building an image in the market as the organisation

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will put their efforts in making the environment and surroundings better then in return the
organisation will get good results from society in form of more sales and profits.
Innovation generally refers to the changes take place in process or creating more effective
process, product and ideas. For business it could be implementation of new ideas creating
dynamic products or improving existing services. As in recent business condition changes are
taking place very frequently and to cop up with these changes the organisation has to think
innovatively and try to introduce new ideas by which they can get more amount of profit.
Innovation in every business is become a very necessary in current condition.
Entrepreneurship is the process of designing and launching a new business. The people who
create this business are called entrepreneurs. Entrepreneurship has been described as the
capacity of developing managing and organising a business venture along with risk factors to
make profits. In current scenario the term Entrepreneurship is developed as a source that
provides business opportunities to the young people. Entrepreneurship provides chance to
young blood, so they can use their knowledge and skills and contribute to the economy by
generating profits out of their business (Mcfarlin, 2018).
Management competencies required for complex, diverse and
globalised workplaces
The workplace diversity refers to the variety of differences between individuals in an
organisation. The complex and diverse workplace not only includes how individual identify
them but also how others perceive them. Globalised workplace is also become a reason for
work diversity now days.
To manage the Complex, Diverse and Globalised workplace following competencies can be
used by organisation

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1. Prioritise communication: to manage the complex and diverse work place
organisation need to ensure that they are interacting with their employees. To cover
the barriers occur due to diversification and globalisation of workplace the
organisation need to design policies, procedures, safety rules and other important
information and the organisation can also translate those policies and safety rules by
using pictures and symbols whenever applicable.
2. Eliminate Discrimination: The organisation should take initiative to eliminate the
risk of discrimination. Employees should not be judge on the bases of their
background, age, gender etc. instead individual should judge on the bases of their
success and failure on the particular job.
3. Encourage employee to work in diverse and globe groups: Diverse and globe work
team let employees get to know value of one another on individual bases and can help
in break down preconceived notions and cultural misunderstanding.
4. One rule for all: The organisation need to design one standard rules for all groups of
employees. And after that the organisation should need to check that all employees
are following the rules.
5. Be open minded: Be recognize, and encourage employees to recognize, the
organisation need to be open minded and should welcome new changes in the
organisation for the betterment of employees and for itself (Mind tool, 2018).
Variety of organisational settings
In Modern scenario the organisations are boundary-less which are networked together and
collaborating more than ever before. Their working processes are well-suited for rapid
innovation and ideal for companies in the growing technology industry. The main concept of
modern organisation is diversifying its activities and creates connectivity that will help in

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facing new challenges and with the help of these concepts the organisation can set their goals
frequently. The modern organisation largely depends on soft skills like relationships,
listening and understanding. In modern business, the employees need to perceive quality of
work which leads their quality of motivation, which will benefit them in attaining,
performance, satisfaction and personal development and growth (Crane &Matten, 2016).
Conclusion
To conclude, the management issues are affecting the working environment of the
organisation and to face them the organisation is adopting many measures. The main issues
which are affecting the working of organisation are ethics, sustainability, innovation,
entrepreneurship on the other hand in modern scenario they are playing very important role in
attaining organisation goals. The management of the organisation are developinggreat
competencies to manage the complex, diverse and globalised workplace. The increase in
market share and maximisation in profits are becoming possible due to these changes.

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References
Crane, A., &Matten, D. (2016). Business ethics: Managing corporate citizenship and
sustainability in the age of globalization. UK: Oxford University Press.
Hartman, L. P., DesJardins, J. R., & MacDonald, C. (2014). Business ethics: Decision making
for personal integrity and social responsibility. New York: McGraw-Hill.
Mcfarlin. K. (2018). The Effects of Globalization in the Workplace. Retrieved from
http://smallbusiness.chron.com/effects-globalization-workplace-10738.html.
Mind tool. (2018). 60 The Mind Tools Content Team By the Mind Tools Content Team (111)
Developing a Competency Framework. Retrieved from
https://www.mindtools.com/pages/article/newISS_91.htm.

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