Management Fundamental Chapter 1

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PPT Management Fundamental Chapter 1

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  • ManagingPowerPoint Presentation by Charlie CookChapter 1Copyright 2003 South-Western/Thomson Learning. All rights reserved.

  • Learning Outcomes

  • Learning Outcomes (contd)

  • What Is Management ?ManagerThe individual responsible for achieving organizational objectives through efficient and effective utilization of resources.The Managers ResourcesHuman, financial, physical, and informationalPerformanceMeans of evaluating how effectively and efficiently managers use resource to achieve objectives.

  • What It Takes to be a Successful ManagerManagement QualitiesIntegrity, industriousness, and the ability to get along with peopleManagement SkillsTechnical Human and communication Conceptual and decision-makingThe Ghiselli study Initiative, self-assurance, decisiveness, intelligence, need for achievement, and supervisory abilityExhibit 12

  • What Do Managers Do?Management FunctionsPlanningSetting objectives and determining in advance exactly how the objectives will be met. OrganizingDelegating and coordinating tasks and resources to achieve objectives.LeadingInfluencing employees to work toward achieving objectives.ControllingEstablishing and implementing mechanisms to ensure that objectives are achieved.

  • Management Skills and FunctionsExhibit 13

  • Management RolesManagement Role Categories (Mintzberg)InterpersonalFigurehead, leader, liaisonInformationalMonitor, disseminator, spokespersonDecisionalEntrepreneur, disturbance handler, resource allocator, negotiator

  • Ten Roles Managers PlayExhibit 15

  • Differences Among ManagersThe Three Levels of ManagementTop managersChair of the board, CEO, president, vice presidentMiddle managersSales manager, branch manager, department headFirst-line managersCrew leader, supervisor, head nurse, and office managerNon-management operative employeesWorkers in the organization who are supervised by first-line managers.

  • Management Levels and Functional AreasExhibit 16

  • Types of ManagersGeneral ManagersSupervise the activities of several departments.Functional ManagersSupervise the activities of related tasks.Common functional areas:Marketing Operations/productionFinance/accounting Human resources managementProject ManagerCoordinates employees across several functional departments to accomplish a specific task.

  • Management Skills and FunctionsDifferences among management levels in skill needed and the functions performed:Exhibit 17

  • Large versus Small Business ManagersExhibit 18a

  • Large versus Small Business Managers (contd)Exhibit 18b

  • Managing in a Global EnvironmentCharacteristics of Global CompetitionDownsizing/rightsizingEmpowermentHigh involvement (management to leadership)Information technology (Internet)Speed (time-based competition)Quality (continuous improvement)Electronic commerce (e-business and b2b)Learning and knowledge managementGlobal diversity of employees

  • The Three-Pronged Approach Features of This BookExhibit 19

  • Situation Management ModelModel 11