Essentials of Management Functions, Goals and Organizational Performance
1. Definition of Management The attainment of organizational goals in an effective and efficient manner through: Planning Organizing Leading Controlling organizational resources
2. Today’s Organization and Their Challenges Technology New business models Strive to remain competitive in the global arena Deal with uncertain environments Cutbacks Massive worldwide economic, political, and social shifts
3. Revolution in Management, the New Leader Ask to do more with less To engage whole employees To see change rather than stability as the nature of things Create vision and cultural values promoting a collaborative workplace
4. Two Key Ideas in Defining Management The four functions • Planning • Organizing • Leading • Controlling Attainment of organizational goals in an effective & efficient manner CISCO
5. Management in Organizations Figure 1.1 Inputs from the environment • Human resources • Financial resources • Physical resources • Information resources Planning and decision making Leading Organizing Controlling Goals attained • Efficiently • Effectively
6. The Management Process Organizing Determining how best to group activities and resources Controlling Monitoring and correcting ongoing activities to facilitate goal attainment Planning and Decision Making Setting the organiza- tion ’ s goals and deciding how best to achieve them Leading Motivating members of the organization to work in the best interests of the organization
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9. Management Skills Technical Skills Human Skills Conceptual Skills Management Level Top Managers Middle Managers First-Line Managers Non-managers (Personnel)
10. Sources of Management Skills Figure 1.4 Sound educational base; continued life-long educational experiences Successful acquisition and utilization of basic management skills Initial job experiences; continued experiences through a variety of job assignments
11. Kinds of Managers by Level and Area Figure 1.3 Marketing Administration Other Human resources Operations Finance Middle managers Areas of Management Levels of Management First-line managers Top managers