2.7. Modern Approaches to Management Thought (1980–Present)

Try these first

1. 1.

   What does TQM stand for?

   Hint

   Remember the focus on quality improvements.

2. 2.

   What is a fundamental principle of Lean Management?

   Hint

   Think about efficiency.

3. 3.

   What does TQM emphasize?

   • Cost Reduction
   • Continuous Improvement
   • Employee Disengagement

   Hint

   Remember the focus on quality.

4. 4.

   True or False: Agile management focuses on rigidity and structured processes.

   • True
   • False

   Hint

   Think about the nature of Agile.

5. 5.

   Design a plan to implement TQM in a software development firm. Consider how you would engage employees and measure quality.

   Hint

   Think about stakeholder involvement.

6. 6.

   Evaluate the impact of adopting Knowledge Management systems in a multinational company versus a local startup. Consider factors such as scale, technology, and employee engagement.

   Hint

   Consider the resource availability and needs of both types of organizations.