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

Management Issues

COMPETENCIES OF MANAGENENT 1
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

COMPETENCIES OF MANAGENENT 2
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