Transcript Organizzazione e Gestione delle Risorse - cec

Conférence CEC 2010 Verona
CEC 2010 Conference in Verona
Contracts collectifs et individuels pour les managers
Collective and individual contracts for Managers
Managers and executives in Europe
Organizational role and contractual frame
Giovanni Costa
University of Padova
Aim of the presentation
Defining the framework in which inserting
contractual problems between managers
and companies to be faced in next
colleagues presentations
CEC 2010 – G.COSTA
Entrepreneurs and manager in the crisis
• Finance: cause or effect of the crisis?
• 1929 vs 2008: similarities and differences
• Roosevelt, Keynes and the birth of the Welfare State
• 1980 Milton Friedman, Ronald Reagan, Margaret Thatcher and
the re-descovery of the market
• The banks’ loans as substitutes of Welfare State
• “The crisis of subprimes”: welcome back Keynes!
• From banks’ bond risk to governments’ bond risk
• Safety stands in real economy, entrepreneurs and managers!
CEC 2010 – G.COSTA
Managers and corporate governance
• The managerial company vs nobody’s company
• Shareholders control vs control of the
managers
• Property rights
 Juridical property
 Economic property
 Possession
CEC 2010 – G.COSTA
Entrepreneurs and managers between
property and possession
Source of Power
Entrepreneur
Manager
Legal property
Passive Owners
??
Economic property
Direct exercise of
property rights
exercise of
property rights
by delegation
Possession
Entrepreneur as
manager
Manager as
entrepreneur
CEC 2010 – G.COSTA
The relationship between the company
and the manager
+
PATERNALISM
Personal and
Emotional
Commitment
-
OPPORTUNISTIC
BEHAVIOUR
FROM BOTH
SIDES
CEC 2010 – G.COSTA
Professional
Commitment
INTEGRATION
TECHNOCRACY
+
Sharing, power and exchange
Relation Engine
Regulation
tools
Governance Controlled
structure
by…
Sharing
Values,
Psychological
knowledge contract
Conventions
Loyalty
Power
Hierarchy
Law,
Collective
contract
Institutions,
firm
Voice
Individual
contract
Market
Exit
Exchange Utility
CEC 2010 – G.COSTA
Managers and management models
Type
Action level
Strategic
manager
Meta-organizational Economic
property
Entrepreneurial
Functional
manager
Organizational
Possession,
knowledge
Professional
Middle
manager
Operational
Possession,
Employee
Skills,
Competencies
CEC 2010 – G.COSTA
Source of
power
Behaviour
model
The regulation system
• Culture
• International treaties, directives and guidelines of
UE, ILO, etc.
• Trilateral agreements, law
• National, branch and company contract
• Individual contract
• Psychological contract
CEC 2010 – G.COSTA
Relationship leverage
+
The cloven
viscount*
Business
partner
The
nonexistent
rider*
The baron in
the tree*
Individual skills
-
* Italo Calvino’s novel
CEC 2010 – G.COSTA
Relationship quality
+
Quality of Relationship
Quality of
Relationship
Type of relation
LOW
NON INVOLVEMENT LOW TRUST
MEDIUM
CONTIGUITY
LIMITED TRUST
PARTNERSHIP
HIGH TRUST
RESPECT
COMMITMENT
HIGH
CEC 2010 – G.COSTA
Features
The Three Types of commitment
AFFECTIVE COMMITMENT
I PARTICIPATE BECAUSE I
WANT TO
CONTINUANCE COMMITMENT
I PARTICIPATE BECAUSE IT IS
USEFUL
NORMATIVE COMMITMENT
I PARTICIPATE BECAUSE FEEL
RESPONSIBLE AND I MUST
CEC 2010 – G.COSTA