SOSME THOUGHT S ON INDUSTRIALIZATION AND HUMAN DEVELOPMENT I. WHAT IS HUMAN BEING?

II. What is human development? Essence: that man is able to nurture his essential and basic components in an environment which he strives to make a hospitable as possible for his development. Address two intrinsic aspects 1. Personal growth is concerned with three areas A. DEALS A WITH THE SATISFACTION OF HUMAN NEEDS a. The basic necessities for survival b. Social acceptance c. Self actualization B. DEALS WITH SHARPENING HIS AWARENESS C. CONCERNED WITH CULTIVATING COMMUNICATION/INTERACTION SKILLS 2. Professional growth is concerned with: a. Providing him with an array of generally useful knowledge b. Harnessing his potential to use his knowledge in practical application c. Helping him to become flexible in applying this useful knowledge to a variety of problems that can be addressed d. Enhancing his productivity through continuing education III. The context of human development Component 1 That man is both the means and the end of development. Component 2 That industrialization is basically an effective and efficient inputoutput system. Component 3 That the nature of the workplace and the design of the work in organizations engage in industrialization have a profound influence of human development. Component 4 That the benefit/frustrations experienced by human beings as members of organizations involved in industrialization. Component 5 That underlying the human development effort within the context that it takes place our values/assumptions. IV. What is industrial development? Covers the following areas:

1. Search for and the use of scarce resource inputs. 2. The allocation/ conversion process of these resources resulting in useful products or outputs 3. Stage of industrial activity V. The participation of human beings in organizations. Make the workplace a hospitable environment for the individual Design the work itself for the individual, the group, and the entire organization. Provide a monetary and non-monetary reward system Design a career system Provide continuing training

VI. Some important issues relative to industrialization and human development 1. Equity is concerned with the equitable access to resources and the equitable distribution of income or profits 2. On the sharing of profits by producers and middlemen. The nature of relationships between The countrys existing institutional infrastructures

3. On maximizing local inputs 4. On stemming migration from rural to over populated areas/centers. New and integrated growth centers are established Industrial linkage are encouraged between industrial organizations and the grassroots grassroots Decentralization of resources and decision-making is adopted

5. On promoting on speedy industrialization based on a balanced development of agriculture and industry. Government policy must be formulated Infrastructure and communications investment must move away from nonessential projects

6. On avoiding the negative social and environmental impact of industrialization 7. On recognizing the need to allow participation in the planning process.

CHAPTER 1 The role of top management and the importance of company policy I. Responsibilities of the Chief Executive officer

Concerned with the six categories 1. He, working closely with the board of directors 2. He, working closely with the board of directors and his top mangers 3. He, working closely with his top manager 4. He must develop an organization 5. He, depending upon his philosophy of management DEFINITIONS 1. Major policies - deal with firms fundamental nature, its identity and the direction in which it is expected to move. 2. Objectives - The firms objectives or goals specify, usually in quantitative terms where the firm is expected to be at some time in the future. 3. Strategy - is the approach develops to achieve the objectives which have been defined. 4. Operating policies - are guides for decision-making.

II. The major policies of an enterprise major policies Maximize profits or minimize losses consistent with the other major policies and objectives Products and/or services the company will produce and sell. Position within the firms industry Policy of no growth Geographic market for the product or service Product quality Ownership degree and type of social responsibility