Introduction to Management and OrganizationsIntroduction to Management

ObjectivesBy the end of this lecture, the learners will be able to…0Define management.0List manager’s most important resources.0 Identify the 3 styles of management.0Recall the importance of management.0Label the management pyramid.0Explain the different types of managers.0Describe five functions of management.

Episode of “The Office”

0http://www.hulu.com/watch/239948/the-office-dwight-k-schrute-acting-manager

What is Management?

0Direction: Discuss with your peers.

Definition of Management

0The process of achieving desired results through the efficient utilization of human and material resources.

Two Key Concerns

1.Effectiveness2.Efficiency

Example:

0Ford Motor Co. who owned Jaguar in 02 decided to trim costs in the British unit by using a Ford midsize chassis (Ford Taurus) for its Jaguar x-type sedan. At the same time they dropped the price on the x-type to less than 30k to attract more buyers. However, consumers were unimpressed and commented that the x type had no pizzazz. In fact, your humble instructor called it the Taurisation of the x-type. Sales of the x-type lagged.

Answer

0Ford’s actions were? Ineffective but efficient.

Important Resources

0Material Resources0Informational Resources0Human Resources < Most Important!0Financial Resources

Is Management Art or Science?

3 Styles of Management

0Democratic0Autocratic0Laissez-faire

Importance of Management

0The Industrial Revolution0The economic effects0Unskilled laborers0Control03 things caused by revolution0Business failure?

Management Pyramid

First Line ManagersMiddle ManagersTop Managers

Line vs. Staff Managers

0Line: responsible for activities that directly affect the transformation process0Staff: support the line managers efforts through their special expertise.

Functional vs General

0Functional: responsible for one area of activity0General: responsible for many different areas of activity.

Administrators vs Managers

0Administrators: another name for a manager who manages in the public or not for profit sector0Manager: manages in the private or profit sector.

Functions of Management

0Planning0Organizing0Staffing0Leading0Controlling

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