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Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

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Page 1: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Goals

Discuss changes taking place in the business world

Define management

Explain the importance of management

Define Entrepreneurship

Page 2: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

The Main Idea

The many changes in the business world today are creating new challenges for people who operate, or manage, those businesses. This section discusses:

• The Business World Today• What Is Management?• Levels of Management• The Management Process • The Principles of Management• Women and Minorities in Management

Page 3: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Introduction

No teachers?

Learning occur?

Order?

Teachers/Managers– Planning

– Organizing

– Leading

– Controlling

Page 4: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Teachers = Managers

Bad teachers, what traits did they have?

Managers need to treat their

employees well too

Page 5: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Self-Assessment – Journal Writing pg. 3

Partner up

Discuss answers and complete

Page 6: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

What is management?

Managers have many different roles to play to make sure the business is operating smoothly.

Management The process of deciding how best to use a business’s resources to produce goods/services.

Page 7: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Levels of Management

Senior Management – Highest level

Middle Management – Responsible for meeting the goals that senior

management sets

Supervisory Management – Lowest level of management

Page 8: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Senior Management

Establishes the goals of the business

Decides what actions are necessary to meet those goals

Decides how to use the company’s resources

CEO – Chief Executive Officer

COO – Chief Operating Officer

Page 9: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Middle Management

Include department heads and district sales managers

Sets goals for specific areas of the business

Decides what the employees in each area must do to meet those goals.

Page 10: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Supervisory Management

Make sure the day-to-day operations of the business run smoothly.

Forepersons, crew leaders, and store managers are examples

Page 11: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Central York Chain of Command – what is it?

Get with a new partner and figure out Central’s three levels of Management and list each person’s responsibilities.

Page 12: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

The Management Process

Three ways to examine how management works:

• Management Tasks

• Management Roles• Role- a set of behaviors associated with a

particular job

• Management Skills

Page 13: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

1. Management Tasks

Planning

Organizing

Staffing

Leading

Controlling

Page 14: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship
Page 15: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

2. Management Roles

Interpersonal roles- a manager’s relationships with people

Michael Scott and Toby

Page 16: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Management Roles

Informational-related roles – require a manager to provide knowledge, news, or advice to employees.

Michael Scott meeting

Page 17: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Management Roles

Decision-making roles- those a manager plays when making changes in policies, resolving conflicts, or deciding how best to use resources.

Michael Scott conflict resolution

Page 18: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

3. Management Skills Third way of looking at the mgmt process is by examining the kinds of skills required to perform a particular job

– Conceptual skills- help mgrs understand how different parts of a business relate to one another and to the business as a whole

– Human relations skills- mgrs need to understand and work well with people

– Technical skills- specific abilities that ppl use to perform their jobs

Page 19: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Bell Ringer – “Respond” pg. 16

Do you think a manager can succeed without conceptual, human relations, or technical skills? Why or why not?

Page 20: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Principles of Management pg. 16

Managers often use certain rules when deciding how to run their businesses, known as “principles of management”

Principle Is a basic law or truth

Page 21: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

You're the boss in a predominantly male environment. The presence of a new female employee stirs up conflict because your company has not had a chance to conduct sensitivity training. Some of your male employees make inappropriate remarks to your new employee. She complains to you; in response, you sanction those responsible for the conduct. You also wonder if it would be wise to move your new female employee to another position where she would be less likely to draw attention

Page 22: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Answer

Page 23: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Principles of Management

Read bottom of page 16-17

Why is it more difficult to develop principles of management over principles of science?

Why is it so difficult to test principles of management?

Most management principles are developed through ____________ and ___________?observation deduction

Page 24: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Dress code pg. 17

Discuss

Working at Google

Page 25: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Women and Minorities in Management

• In 2012 only 16% of the executives in country’s largest companies (Fortune 500) were women

• 27% of the For. 500 companies had no female officers at all.

Glass ceiling The invisible barrier that prevents women and minorities from moving up in the world of business.

Page 26: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship

Advertisements for Managers!Create a wanted ad for each of the three levels of management we discussed

Use program of your choice to create 1 page/slide and put all three ads on one screen, as if in a newspaper

The ad should include a made up job opening which lists the type of work this manager would be required to do and the characteristics needed for this type of career, don’t forget hourly wage/salary!

Be sure to make it look like an ad you would see in the newspaper, with box around it etc.

Make sure it is 1 page/1 slide. Save it to your Drive folder for this class in a format I can view on a PC

Example

Page 27: Goals Discuss changes taking place in the business world Define management Explain the importance of management Define Entrepreneurship