Business Administration
Business Administration
LECTURE (3)
Vision Statements:
. A Vision Statement describes the desired future
position of the company
A Mission Statement defines the company’s business,
its objectives and its approach to reach those objectives.
Internally
Guide management’s thinking on strategic issues, especially
during times of significant change
Help define performance standards
Inspire employees to work more productively by providing
focus and common goals
Guide employee decision making
Help establish a framework for ethical behavior
Externally
Enlist external support
Create closer linkages and better communication with
customers, suppliers and alliance partners
Serve as a public relations tool
THE ORGANIZATIONAL CULTURE
Th Organizational culture is the collection of values,
expectations, and practices that guide and inform the
actions of all team members. Think of it as the collection
of traits that make your company what it is.
3 main components make up an organization's
culture:
Values
Rites and rituals
Social network
A great culture exemplifies positive traits that lead to
improved performance, while a dysfunctional company
culture brings out qualities that can hinder even the most
successful organizations.
THE ORGANIZATIONAL CULTURE
is the collective values, norms and beliefs of the
organization — also known as “how things are done
around here.” It’s the backdrop for everything that
happens at your company and the day-to-day experience.
For example:
Do employees feel valued?
Can they get their work done?
Do we tell the truth to each other?
Do we give honest feedback?
Do we speak the truth to leaders?
Do leaders always “win” the conversation?
2) RESOURCES:
LECTURE (1 )
Dr. shaimaa elgendy
LECTURE (2)
CHAPTER 1:
Definition of Management
STUDY QUESTIONS
What is the definition of administration
according to the opinion of scientists?
or Explain with the drawing
Various definitions of the concept of
management with clarification of any
definitions consistent with your personal
opinion?
Definition of Management :
Planning:
It is the first and foremost function of management, i.e. to
decide beforehand what is to be done in future. It
encompasses formulating policies, establishing targets,
scheduling actions and so forth.
Controlling:
The controlling function of management involves a number
of steps to be taken to make sure that the performance of the
employees is as per the plans. It involves establishing
performance standards and comparing them with the actual
performance. In case of any variations, necessary steps are
to be taken for its correction.
COMPARE BOTH THE ORGANIZING AND COORDINATION PROCESS
WITHIN ANY ORGANIZATION?
Organizing:
Once the plans are formulated, the next step is to
organize the activities and resources, as in identifying
the tasks, classifying them, assigning duties to
subordinates and allocating the resources.
Coordination
is an important feature of management which means
the integration of the activities, processes and
operations of the organization and synchronization of
efforts, to ensure that every element of the organization
contributes to its success.
COMPARE BOTH THE STAFFING AND DIRECTING PROCESS
WITHIN ANY ORGANIZATION?
Staffing:
It involves hiring personnel for carrying out various
activities of the organization. It is to ensure that the
right person is appointed to the right job.
Directing:
It is the task of the manager to guide, supervise, lead
and motivate the subordinates, to ensure that they work
in the right direction, so far as the objectives of the
organization are concerned.
My best wishes for success and
success
LECTURE (5)
CHAPTER NINE:
Summary of the most important questions
for the lectures1&2
STUDY QUESTIONS
What is the definition of administration
according to the opinion of scientists?
or Explain with the drawing
Various definitions of the concept of
management with clarification of any
definitions consistent with your personal
opinion?
Definition of Management :
Middle-Level Management:
It is the second and most important level in the corporate
ladder, as it creates a link between the top and lower
level management. It includes departmental and
division heads and managers who are responsible for
implementing and controlling plans and strategies which
are formulated by the top executives.
Lower Level Management:
Otherwise called as functional or operational level
management. It includes first line managers, foreman,
supervisors. As lower level management directly
interacts with the workers, it plays a crucial role in the
organization because it helps in reducing wastage and
idle time of the workers, improving the quality and
quantity of output.
The three management levels form the
management hierarchy that represents the
position and rank of executives and managers in
the chart
COMPARE BOTH THE PLANNING AND CONTROLLING
PROCESS WITHIN ANY ORGANIZATION?
Planning:
It is the first and foremost function of management, i.e. to
decide beforehand what is to be done in future. It
encompasses formulating policies, establishing targets,
scheduling actions and so forth.
Controlling:
The controlling function of management involves a number
of steps to be taken to make sure that the performance of the
employees is as per the plans. It involves establishing
performance standards and comparing them with the actual
performance. In case of any variations, necessary steps are
to be taken for its correction.
COMPARE BOTH THE ORGANIZING AND COORDINATION PROCESS
WITHIN ANY ORGANIZATION?
Organizing:
Once the plans are formulated, the next step is to
organize the activities and resources, as in identifying
the tasks, classifying them, assigning duties to
subordinates and allocating the resources.
Coordination
is an important feature of management which means
the integration of the activities, processes and
operations of the organization and synchronization of
efforts, to ensure that every element of the organization
contributes to its success.
COMPARE BOTH THE STAFFING AND DIRECTING PROCESS
WITHIN ANY ORGANIZATION?
Staffing:
It involves hiring personnel for carrying out various
activities of the organization. It is to ensure that the
right person is appointed to the right job.
Directing:
It is the task of the manager to guide, supervise, lead
and motivate the subordinates, to ensure that they work
in the right direction, so far as the objectives of the
organization are concerned.
My best wishes for success and
success
LECTURE (4)
CHAPTER THREE :
external environment factors
PLANNING AHEAD
STUDY QUESTIONS
2. Economic factors:
The state of the economy plays an important role in
every aspect of daily life, from the well-being of
personnel to the ability of a company to thrive.
3. Political and legal factors:
Companies affected by political decisions must modify their
processes to comply with new legislation and regulations, but
doing so can keep them in business.
Policies that can have long-term effects on companies include:
Taxation
Employment law
Competition regulation
4. Demographic factors
Companies with successful products and services evaluate the
demographics of their target market to ensure they meet the needs
of those who benefit from their offerings.
Demographics that affect business decisions and processes
include:
Age
Gender
Nationality
5. Social factors
Where people live, their personal values and their
socioeconomic status affect what, where and why people
make purchases. Businesses take social factors into
consideration when developing and marketing products.
6. Competitive factors
Businesses can increase their market share and stay
relevant to their customers by keeping track of their
competitors. They can identify and evaluate successes
and challenges.
7 .Global factors
Executives have a duty to keep track of both domestic
and global issues, especially if they conduct business
internationally.
DESCRIBE THE COMPONENTS OF THE GENERAL
ENVIRONMENT.