Mgmt5 - Learning Outcomes

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    MGMT5

    2011 Cengage Learning

    Management1

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    2011 Cengage Learning

    1. describe what management is2. explain the four functions of management3. describe different kinds of managers4. explain the major roles and subroles that managers

    perform in their jobs5. explain what companies look for in managers6. discuss the top mistakes that managers make in

    their jobs7. describe the transition that employees go through

    when they are promoted to management8. explain how and why companies can create

    competitive advantage through people

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    2011 Cengage Learning

    What Is Management?1. describe what management is

    2. explain the four functions ofmanagement

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    2011 Cengage Learning

    Management Is

    Getting work done through others

    Efficiency getting work done with a minimumof effort, waste, or expense

    Effectiveness accomplishing tasks that help

    fulfill organizational objectives

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    The Four Functions ofManagement

    2011 Cengage Learning

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    2011 Cengage Learning

    Management Functions

    Planning determining organizational goals and a means for

    achieving them

    Organizing deciding where decisions will be made, who will do

    what jobs and tasks, and who will work for whom inthe company

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    Management Functions

    Leading inspiring and motivating workers to work hard to

    achieve organizational goals

    Controlling monitoring progress toward goal achievement and

    taking corrective action when progress isnt being

    made

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    What Do Managers Do?

    3. describe different kinds of managers

    4. explain the major roles and subrolesthat managers perform in their jobs

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    Top Managers

    CEO, COO, CFO, CIO Responsible for overall direction of the

    organization

    Responsible for creating a context for change Develop employees commitment to and

    ownership of company performance Create a positive organizational culture through

    language and action Responsible for monitoring the business

    environment

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    Middle Managers

    Plant manager, regional manager, divisional manager Set objectives consistent with top managements goals Implement subunit strategies for achieving objectives

    Plan and allocate resources to meet objectives Coordinate and link groups, departments, and divisions Monitor and manage subunits and individual managers

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    First-Line Managers

    Office manager, shift supervisor, departmentmanager

    Train and supervise the performance ofnonmanagerial employees

    Teach entry-level employees how to do their jobs

    Encourage, monitor, and reward employeesperformance Make detailed schedules and operating plans

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    Team Leaders

    Facilitate team activities toward accomplishinga goal

    Help team members plan and schedule work,learn to solve problems, and work effectivelywith each other

    Manage internal and external relationships

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    MintzbergsManagerial Roles

    2011 Cengage Learning

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    Informational Roles

    Monitor managers scan their environment for information

    and receive unsolicited information

    Disseminator managers share information with subordinates and

    others in the company

    Spokesperson managers share information with people outside of

    the company

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    Decisional Roles

    Entrepreneur managers adapt themselves, their subordinates, and their

    units to change

    Disturbance handler managers respond to problems so severe that they demand

    immediate action

    Resource allocator managers decide who will get what resources and in what

    amounts Negotiator

    managers negotiate schedules, projects, goals, outcomes,resources, and employee raises

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    What Does It Take to Be a Manager?

    5. explain what companies look for in managers

    6. discuss the top mistakes that managers makein their jobs

    7. describe the transition that employees gothrough when they are promoted tomanagement

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    What Companies Look For

    Technical skills specialized procedures, techniques, and knowledge required to

    get the job done Human skills

    ability to work well with others Conceptual skills

    ability to see the organization as a whole, to recognize how thecompany fits into its external environment

    Motivation to manage an assessment of how motivated employees are to interact with

    superiors, participate in competitive situations, behaveassertively with others, tell others what to do, reward good behavior, punish poor behavior, perform actions that are highlyvisible to others, and handle and organize administrative tasks

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    Management Skills

    2011 Cengage Learning

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    The Transition to Management: The First Year

    Initially, managers believed their job was to exerciseformal authority and manage tasks

    After 6 months Managers were surprised by pace and workload Realized subordinates wanted help solving problems

    they couldnt solve

    After 1 year Realized that people management is most important

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    Stages in the Transition toManagement

    2011 Cengage Learning

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    2011 Cengage Learning

    Why Management Matters

    8. explain how and why companies cancreate competitive advantage throughpeople

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    2011 Cengage Learning

    Competitive Advantage throughPeople

    What separates top-performing companies fromcompetitors is how they treat their workforces.

    Companies that invest in their people createlong-lasting competitive advantages that aredifficult for other companies to duplicate.

    Managers influence customer satisfactionthrough employee satisfaction.

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    Competitive Advantage through People:Management Practices

    2011 Cengage Learning

    REEL TO REAL

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    REEL TO REAL

    2011 Cengage Learning

    In Good Company

    1. Which management skillsdiscussed in this chapter does thecharacter Mark Steckle seem tolack?

    2. The sequence shows three peoplewho represent differenthierarchical levels in thecompany. Based on this scene,which of the four kinds ofmanagers do you think each ofthem might be?

    3. Which of the characters in thisclip exhibited the strongesthuman skills?

    REEL TO REAL

    http://www.thomsonedu.com/resource_uploads/static_resources/0324595840/17820/ch01.html
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    REEL TO REAL

    Camp Bow Wow

    1. Identify three skills thatcompanies look for in managersand explain which might be mostneeded for the Camp Bow Wowleaders highlighted in the video.

    2. Which activities at Camp BowWow require high efficiency?Which activities require higheffectiveness?

    3. List two activities that leaders atCamp Bow Wow perform daily,and identify which of themanagerial roles discussed in thechapter figure prominently foreach.

    http://www.cengage.com/management/webtutor/daft_mgt10e/video/ojt/ch01.html