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´╗┐JOMO KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLOGY



PRINCIPLES OF MANAGEMENT



HD132-5564/2013


ELIAS KARIUKI




1/08/2014


dynamics of management and change management;
.Dynamic Management is simply management that expects the goal system to change, though not necessarily in a predictable way. It "expects" change in both senses: change to the goal system is anticipated, which in most real-life situations is a correct assumption; and change to the goal system is seen as desirable, because goal systems that are static for a long time suggest that nothing more has been learned.Dynamic Management is applicable to both operations and projects, since changing goal systems occur in both. It is also applicable at every level, from a large organisation down to individuals within it, and individuals in their private sectors.Concepts of dynamic management ;
1) Goal systems: A goal system is a combination of an objective function and a set of goals. There is also an assumed overall aim of maximising the value of the objective function in any decision making or planning.
2)World models: Our ideas about what will happen in future and how our actions can affect that depend on information we acquire about what the
situation is now, and on models (usually very informal and even intuitive) about how the world works. These models are very often in the form of cause and effect networks, and these are often the inspiration for our networks of goals.
3)Evaluation and time: The value of a plan is dependent on two times. Dynamic Management seeks to keep the Present Time and View Time at "now" as much as possible.
4)Effective responses: No management process of analysis is useful if there are no effective responses you can take to the situation analysed. Fortunately, there is an armory of powerful techniques available for managing uncertainty, including uncertainty about goals. These range from simple thought processes jotted on the...