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SUBMITTED BY: RIDDHI MALVIYASUNANDA GHORAI (B.F.TECH III)
SELF RENEWAL SYSTEM
SUBMITTED TO:MR. GAURAV ASHESH
SELF RENEWAL SYSTEM
Successful cocooning
Rebirth of self esteem
Reevaluation of core
issues and beliefs
Recovery of hope and purpose
SKILLS FOR MANAGING THE CHANGE CYCLE
• The dream or vision is the "driving force for the life structure, a source of passion and values. Visioning or
dreaming the plan
• Launching puts the plan to action; it requires "commitment and personal mission
Launching
• Plateauing is the “art of sustaining a successful life structure. It is knowing how to keep enriching the dream/plan”Plateauing
• This requires coming to terms with negative emotions
Managing the doldrums
• This requires an ability to say farewell with gratitude and clarity, which frees you to this step of the change cycleEnding a life
structure
• This minitransition can be used if the life structure could be improved through some specific changes.
Restructuring
• The transition into a new life structure requires "turning inward to take stock, to find your own basic values, and to disengage emotionally and mentally from the former life structure" .Cocooning
• Following successful cocooning, this step involves a rebirth of self-esteem, a re-evaluation of core issues and beliefs
Self-renewal
• Creativity, learning, risk taking, and networking give one a sense of purpose and power in creating a new life structure
Experimenting
SUB SYSTEMS FOR SELF RENEWAL
SURVEY• A method for collecting quantitative information about items
ACTION RESEARCH• A research initiated to solve an immediate problem
ORGANIZATIONAL DEVELOPMENT INTERVENTIONS• A deliberately planned, organization-wide effort to increase an
organization's effectiveness
ORGANIZATIONAL RETREATS• Allow all team members to share, learn, process
Self-Renewal For Career Development
Finding meaning in our work is critical if we are to avoid stagnation and boredom .
It is the responsibility of each individual to effect the change necessary to reinvent work so that it has personal relevance.
CAREER DEVELOPMENT
Awareness and knowledge of the
strategic challenges of business
Motivation and drive to establish and pursue a goal
Honest assessment of self and skills
ORGANIZATIONAL RESTRUCTURING
Change in the operational
or management
strategy of the
organization
Includes increase or decrease in the number
of management
positions
Includes a shift in the
operations of the
organization
Sale of underutilized assets, such as patents or brands.
Moving of operations such as manufacturing to lower-
cost locations.
Reorganization of functions such as sales, marketing,
and distribution.
Renegotiation of labor contracts to
reduce overhead.
CHARACTERISTICS
Refinancing of corporate debt to reduce interest payments.
A major public relations campaign to reposition the company with consumers.
Forfeiture of all or part of the ownership share by pre restructuring stock holders.
Organizations need insight into where to best utilize talent and find the best fit
between existing employees and the jobs that await them.
To enhance the shareholder’s value
To utilize the assets properly
To get profitable investment opportunities
To diverse the business
To reduce cost of capital by designing innovative
securities through corporate restructuring
Cash management and cash generation during
crisis.
Improving the efficiency and productivity through
new investments, R&D and b
usiness engineering.
PURPOSE OF CORPORATE RESTRUCTURING
OBJECTIVES TO FULFILL RESTRUCTURING
Organization must originate a key plan to send its employee for mutual
training and practices.
Management must develop the feeling in employees as
the owners of the origination that will help
enhance their performance
Considering employees as an asset for the firm there
must be certain compensation packages, bonus, incentives apart from the base salary.
Organization must link performance management
with the organizational goals.
TNA must be conducted on daily bases so that
management could know the strength and weakness
of its employees.
Senior managers must perform their roles by
making such decisions that could help employees to provide T&D feedback
The trend that sees individuals
socializing less and retreating into their home more.
The term was coined in the
1990s.
Video rentals is one of the glaring
examples.
Cocooning
A balance between
private and professional
life.
A smooth integration that leads to
higher productivity
and personal
satisfaction.
The convenienc
e of not having to
leave home to avail of
their services.
Can minimize
loss of time.
Is flexible to be
available.
REASONS FOR COCOONING
Process by which businesses
negotiate their role in society .
A built-in and self-regulating
mechanism.
Goal - Embrace responsibility and
encourage a positive impact.
CORPORATE SOCIAL RESPONSIBILITY
WHY ARE COMPANIES ENGAGED IN CSR ?
Help organizations hire and retain the people they want
Contribute to business performance
ECONOMIC DIMENSION
The duty of the managers is to maximize stockholder’s
wealth.
How resources for the production of goods and services are distributed
within the social system.
LEGAL DIMENSION
Refers to obeying governmental laws and regulations.
Civil law: Rights & duties of individuals and organizations.
Criminal law: Prohibits specific actions and imposes fines and/or imprisonment .
ETHICAL DIMENSION
Behavior that is expected or prohibited by
organizational members and society .
Standards, norms, or expectations that reflect
the concern of major stakeholders.
PHILANTHROPIC DIMENSION
Will not enhance corporate reputation
Fails to live up to its philanthropic image
If consumers perceive philanthropy to be
manipulative
Give money or time or in kind to
charity
Integrative philanthropy
THANK YOU