Future of business lies in Modern Management

Now, its like i have started eagerly waiting for Prof .Dr.mandi sir's  GYAAN Sessions.To listen to what all new things he has up his sleeve.

                              As  we sat around Dr.Mandi in the first class , he started throwing some cubes at us.Then he has asked how many single cubes can be built by keeping one on the other in a single column. Every one was giving a figure based on their perception and strategies. He asked if some one could volunteer and come forward to build a block. One student came forward with a challenge that he can build a block with 14 cubes,but he made a bigger block with 22+ cubes.

                        Now comes the real challenge. Dr.Mandi asked 3 students to come forward to work as an organized team in which a person would be blind folded(lower management) and other the instructor(Middle management) and a person to monitor both (Upper management) . The instructor/Manager will be guiding the blind folded/Employee to build the block .Then Dr.Mandi sir asked them to cross the number of cubes for a block, which was made by the earlier person. The team performed very well and they were able to cross the target and made a block with 27 cubes.

Following is the analysis made after the two tasks in building the blocks.
1) Work is more clearly defined in an modern organized system than in an unorganized/craftsmanship system.
2) Productivity is more in case of the modern organized system
3) work is divided into different levels in the organization in a modern organized system while the whole the work flow is ambiguous in an Craftsmanship type system.
4) Satisfaction levels of the employee is less in the modern organized system as there is less transparency in the system
5) Employees expertise in their own domains in the case of the modern organized system but the skill would not be having more value as the work is divide into more refined ways .


Conclusion :
An Modern organized system will have the best productivity and clarity of goals, but it should also consider the satisfaction of the employees in the organization by bringing in changes in the HR policies which would rejoice the employee, as pointed by Prof. Dr.Mandi sir,for the employee's  every single penny,every incentive means a lot .

Waiting for next class .. Will be keep posting.

Management- A Pandora's Box

                                     Before getting admission in NITIE I used to read a lot of stories and blogs about life in a b-school, now it’s my turn. Thanks to NITIE for making me a part of this fraternity. 

                                          The most exciting journey of my life started on 17^th June 2013. God’s own campus has welcomed all our batch with a shower of blessings to begin a great journey ahead.The first day was as usual two hour class,assignments and theories but I was really looking for a practical b-school class.  Then on 18^th June a man walked in silently, sat on the dais and asked all the students to sit around him. He knows exactly how to increase the productivity of a session by giving the students more than just a class room experience. He is none other than our beloved Prof T.Prasad. He is popularly known as Dr.Mandi because he is the person responsible for the famous marketing event MANDI.

 

                                            He calls business as “Dhanda” and believes that there is no mistake in earning money by doing a business ethically. He taught us the basic principles of management with those toys and other scientific toys like Newton’s cradle to make it more practical than theoretical. He has really motivated us to start earning while learning and said a slogan

“Socho Becho!!  Becho Seekho !! Seekho Socho !! Socho Becho”

                                          To sum up, the session was really interactive and thought provoking. Looking forward for more such sessions from Dr.Mandi. Will be keep blogging. 

Thank you !!!