Two key aspects of an organization are efficiency and effectiveness. Management involves delegating work to others to accomplish common goals. The four main functions of a manager are planning, organizing, leading, and controlling. Managers at different levels have different responsibilities, with top managers focusing on change, culture, and environment, and first-line managers focusing on supervision, teaching, and scheduling. There are three main roles of managers: interpersonal roles like being a figurehead or leader, informational roles like monitoring and disseminating information, and decisional roles like allocating resources and negotiating. Companies look for managers with technical, human, and conceptual skills, as well as motivation to manage others.
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Chapter 1
Two key aspects of an organization are efficiency and effectiveness. Management involves delegating work to others to accomplish common goals. The four main functions of a manager are planning, organizing, leading, and controlling. Managers at different levels have different responsibilities, with top managers focusing on change, culture, and environment, and first-line managers focusing on supervision, teaching, and scheduling. There are three main roles of managers: interpersonal roles like being a figurehead or leader, informational roles like monitoring and disseminating information, and decisional roles like allocating resources and negotiating. Companies look for managers with technical, human, and conceptual skills, as well as motivation to manage others.
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Chapter 1
Two things that are needed for an organization
organization: 2 or more people together to achieve a goal 1. Efficiency: productivity input/output Maximum results with minimum efforts =outcome 2. Effectiveness: achieving the goal you set to achieve- does not matter how it was achieved. Management: The act of getting things done through others. They delegate the work to other get a common goal completed. They do not do all the work themselves. The Four functions of a manager: 1. Planning- looking ahead in preparing for what will happen. Example: Dinnertime. Who is going to be there, who is going to set the table? Identify the responsibilities. 2. Organizing- coordinating actives or allocating the resources of the organization. Assigning the responsibility to others. 3. Leading- inspires/ motivates others to get the goal done. Showing them how to do the work correctly. 4. Controlling- Monitor the progress or process of the goal to be completed. Control the Flow. What do the four kinds of Managers do? JOBS RESPONSIBILITIES Top Managers Change CEO Commitment COO Culture CFO Environment Middle Managers Resources General Managers Objectives Regional Managers Coordination Subunit performance Strategy Implantation First Line Managers None Managerial Worker supervision Teaching/ training Scheduling Facilitation Team Leaders Facilitation Team leader External Relationships Team contact Internal Relationships Group facilitator
Mintzberg Managerial Roles
1. Interpersonal roles a. Face to face interaction Sub roles b. Figurehead ceremonial dutiesgreeting/addressing/announcing c. Leader-motivation/encouragement to achieve company goals d. Liaison- dealing with people outside their units 2. Informational roles Sub Roles a. Monitor- Scanning environment for info b. Disseminator- sharing info with those in your dept./ company c. Spokesperson- sharing info with those outside dept./company 3. Decisional Roles Sub Roles a. Entrepreneur adapting self subordinates to change b. Disturbance handler responding to severe problems that require immediate action c. Resource allocator- deciding whos which resource d. Negotiator - managers negotiate schedules, projects, goals, outcomes, resources, and raises. What Companies look for in Managers?
Technical Skills: Ability to Apply the specialized procedures,
techniques, and knowledge required to get the job done Human Skills: Ability to work well with others; is equally important at all levels of management, from first line supervisors to CEOs. Conceptual Skills: Ability to see the organization as a whole, how the different parts of the company affect each other, and how the company fits into or is affected by its external environment.
Motivation to Manage: Assess of how motivated employees are to
interact with superiors, participate in competitive situations, behave assertively toward others, tell others what you do, reward good behavior and punish bad behavior , perform actions that are highly visible to others , and handle and organize administrative tasks
Mistakes managers make
Most Common mistake was being insensitive to others. Through their abrasive, intimidating, and bullying management style. 1. Specific business problems 2. Insensitivity ( abrasive, intimidating, bullying) 3. Cold, aloof, arrogant, 4. Betrayed trust 5. Over managing, failing to delegate. 6. Overly ambitious 7. Failed to staff effectively 8. Unable to think strategically 9. Unable to adapt to a boss with different style 10. Overly dependent on an advocate or mentor Competitive advantage through people: Management Practices 1. Employment security: Employment security is the ultimate form of commitment companies can make to their workers. Employees can innovate and increase company productivity without fearing the loss of their jobs 2. Selective hiring- if employees are the basis for a companys competitive advantage, and those have employment security, then the company needs to aggressively recruit and selectively screen applicants in order to hire the most talented employees available. 3. Self-Managed teams and decentralization- Self Managed teams are responsible for their own hiring; purchasing, job assignments, and production, self-managed teams can often produce enormous increases in productivity through increased employee commitment and creativity. Decentralization allows employees who are closest to (and most knowledgably about) problems, production, and customers to make timely decisions. Decentralization increases employee satisfaction and commitment. 4. High wages contingent on organizational performance: high wages are needed to attract and retain talented workers and to indicate that the organization values its workers. Employees, like company founders, shareholders, and mangers, need to share in the financial rewards when the company is successful. Why? Because employees who have a financial stake in their companies are more likely to take a long run view of the business
and think like business owners.
5. Training and skill development- like a high tech company that spends millions of dollars to upgrade computers or research and development labs, a company whose competitive advantage is based on its people must invest in the training and skill development of its people.
6. Reduction of status differencesa company should treat
everyone, no matter what the job, as equals. There are no reserved parking spaces. Everyone eats in the same cafeteria and has similar benefits. The result: improved communication as employees focus on problems and solutions rather than on how they are less valued than managers. 7. Sharing information- if employees are to make decisions that are good for the long-run health and success of the company, they need to be given information about costs, finances, productivity, development times, and strategies that was previously known only by company managers.