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What Trends Currently Represent The Workplace? - Coggle Diagram
What Trends Currently Represent The Workplace?
Week #2 Globalization
Definition Of Globalization
International Trade
Cross Border Movement Of Goods and Services
Workforce Mobility
Impact Of Workforce
Increased Diversity
Talent Acquisition
Remote Work
Cultural Adaptation :silhouettes:
Cross Cultural Communication
Importance of understanding cultural nuances and communication styles.
Training employees in cultural competence to navigate global markets.
Workplace Norms and Values
Different cultural attitudes toward hierarchy, teamwork, and leadership
Emphasizing inclusivity, tolerance, and respect for diverse cultures.
Global Supply Chain and Business Operations
Global Supply Chains
Companies sourcing materials and products from different parts of the world. :silhouettes:
Challenges
Chain Disruptions
Geopolitical Tasks
Compliance With Local Regulations
Cost Efficiency
Cost reduction through outsourcing and offshoring production.
:recycle:
Quality control, ethical concerns, and sustainability.
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Technology and Innovation
Globalization and Technology :recycle:
The internet and technology have made it easier for businesses to operate globally.
Key Technologies
AI
Automation
Cloud Computing
Digital Transformation
The adoption of digital tools for communication, project management, and collaboration.
Enabling faster decision-making and real-time updates across borders.
Week #3 Workplace Culture
Types Of Workplace Culture
Workplace Culture
The shared values, beliefs, and behaviors that shape how employees interact and work within an organization.
Values
Norms
Symbols and Artifacts
Stories and Rituals :silhouettes:
Culture :pencil2:
Hierarchical Culture:
Structured and controlled, with clear lines of authority.
Top-down decision-making, formal rules and procedures.
Stability and predictability, often seen in large, traditional organizations.
Adhocracy Culture
Focused on innovation and risk-taking
Flexibility, creativity, and entrepreneurial spirit.
Prominent in startups and industries that value constant change
Employee Engagement and Satisfaction :silhouettes:
Employee Engagement
Motivation
Commitment
Involvement in Decision Making
Job Satisfaction
The contentment employees feel about their role, work environment, and benefits.
Companies offering more flexible work arrangements, recognition programs, and career development opportunities to increase satisfaction
Employee Recognition
Acknowledging employee contributions fosters motivation and loyalty.
Rise of peer-to-peer recognition programs and formal recognition systems (e.g., awards, bonuses).
Workplace Diversity And Inclusion :star:
Diversity
The presence of varied demographic characteristics (e.g., race, gender, age, abilities) within the workforce.
A growing emphasis on hiring a diverse workforce to bring different perspectives to problem-solving and innovation.
Inclusion
Creating an environment where all employees feel valued and respected
Companies implementing diversity and inclusion (D&I) programs to ensure that everyone has an equal opportunity to thrive
Leadership and Management Styles
Transformational Leadership
Leaders inspire and motivate employees to exceed expectations, focusing on personal development and organizational growth.
Shift toward leaders who can adapt to change and create a positive, inspiring workplace culture.
Servant Leadership
Leaders who prioritize the needs of employees, focusing on their growth and well-being.
Growing popularity of leadership models that focus on empowering employees rather than controlling them.
Coaching and Mentoring
Managers acting as coaches and mentors, helping employees develop skills and grow within the company.
Week #1 Organizational Structures
Span Of Control :silhouettes:
Similarity Of Tasks
Degree Of Difficulty Of Tasks
Management Style
Formalization
Formal Structure
The official, recognized framework of roles, responsibilities, communication, and authority within an organization.
Informal Structure
The unofficial network of relationships, communications, and interactions that develop naturally within an organization.
Centralization Vs Decentralization
Centralization
Enpowerment
Decentralization
Departmenalization
Traditional Departmentalization
The process of dividing an organization into different departments or units, each specializing in a specific area of business activity.
In Depth Departmentalization
Purpose is to improve efficiency, create specialization, and streamline operations :star:
Week #5 Entrepreneurship
Rise of Small Businesses
:checkered_flag:
Small businesses make up 98% of all Canadian enterprises
Benefits to Communities
Community identity, involvement, and health
Job creation, local tax benefits, environmental advantages, and diversity of services.
Trends Driving Growth
Specialized markets Small businesses profit in niche markets.
Internet accessibility Small businesses can advertise and compete globally.
Downsizing of large companies leading to self-employment.
Benefits of Entrepreneurship
Advantages of Being Your Own Boss: :silhouette:
Freedom and Independence
Choice of Business and Location:
Potential for Higher Earnings
The Odds of Success
Common Reasons for Failure
Lack of management experience
Passion is not enough without proper business knowledge
Survival Tips for Entrepreneurs :warning:
Research and Planning
Financial Management
Staff Management
Week # 4 Current Impact Of Unions
History Of Unions
Early Origins
Began In 1812
Addressed poor wages, health & safety risks, long hours
Contributions to Canadas Ecconomy
Rise in living standards
Prosperity for the middle class
Benefits Of Unions In Canada :confetti_ball:
Wages and Benefits :check:
Fair Wages
Health benefits and job security
Job Protection
Provides a balance of power
Collective bargaining
Conditions for Union Formation :smiley:
Poor Management Practices
Poor wages
Unsafe working conditions
Unfair scheduling
Lack of recognition or promotions
Reasons Workers Seek Unions:
Low wages and benefits
Bad working conditions
Lack of employee voice in decision-making
Challenges Facing Unions
:forbidden:
Changing Economy: :recycle:
Rise in part-time/contract work
Shift towards gig economy
Declining Unionization Rate
Steady decline since 1981
Issues with adapting to modern work environments