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Document( Management Chapter 1)

Management involves planning, organizing, leading, and controlling resources to achieve goals efficiently, with a focus on teamwork and resource efficiency. Key functions include decision making, planning, organizing, staffing, directing, motivating, leading, coordinating, and controlling. Managers, who can be top, middle, or first-line, require a mix of technical, human, and conceptual skills to effectively guide their teams and achieve organizational objectives.

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15 views4 pages

Document( Management Chapter 1)

Management involves planning, organizing, leading, and controlling resources to achieve goals efficiently, with a focus on teamwork and resource efficiency. Key functions include decision making, planning, organizing, staffing, directing, motivating, leading, coordinating, and controlling. Managers, who can be top, middle, or first-line, require a mix of technical, human, and conceptual skills to effectively guide their teams and achieve organizational objectives.

Uploaded by

syfurmubin942
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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What is Management?

Management is planning, organizing, leading, and controlling resources to


achieve goals efficiently. It ensures the best use of human, financial, and
physical resources.

Characteristics of Management:
• Goal-oriented: Focuses on achieving objectives.
• Process-driven: Involves planning, organizing, directing, and controlling
• Resource-efficient: Uses resources wisely.
• Teamwork-based: Requires group effort.
• Action-oriented: Focuses on completing tasks.

Mary Parker Follet defines management as “the art of getting things done
through people.”

Functions of Management
1.Decision Making – Choosing the best option.
2. Planning – Setting goals and strategies.
3. Organizing – Assigning tasks and responsibilities.
4. Staffing – Hiring the right people.
5. Directing – Giving instructions and orders.
6. Motivating – Encouraging employees to work efficiently.
7. Leading – Influencing and guiding employees.
8. Coordinating – Ensuring smooth teamwork.
9. Controlling – Checking performance and correcting mistakes.

Who is a Manager?

A manager works with and through people to reach organizational goals.


They help others do their jobs effectively.

Managers vs. Non-Managers


• Managers plan, organize, and lead teams.
• Non-managers follow instructions and complete tasks.

Types of Managers
1. Top Managers – Make big decisions (CEO, Director, Chairman).
2. Middle Managers – Manage teams and convey messages
(Project Manager, Regional Manager).
3. First-Line Managers – Supervise employees directly
(Supervisor, Branch Manager).

Skills of a Manager
1. Technical Skills – Job-specific knowledge.
2. Human Skills – Working well with people.
3. Conceptual Skills – Understanding big-picture strategies.

• Top managers need more conceptual skills.


• First-line managers need more technical skills.
• All managers need human skills equally.

This breakdown keeps things simple and clear. Let me know if you need
more adjustments!

Efficiency vs. Effectiveness in Management

• Efficiency → Doing things right (using fewer resources).

• Example: Producing more with less waste.

• Effectiveness → Doing the right things (achieving goals).

• Example: Meeting business targets successfully.

• Best Management = High Efficiency + High Effectiveness → Leads to success.

Managerial Roles

1. Interpersonal Roles (Working with people)

• Figurehead → Represents the organization.

• Leader → Guides and motivates employees.

• Liaison → Builds relationships inside & outside the company.

2. Informational Roles (Handling information)

• Monitor → Gathers and analyzes information.

• Disseminator → Shares important information.

• Spokesperson → Represents the company publicly.

3. Decisional Roles (Making decisions)

• Entrepreneur → Introduces new ideas.

• Disturbance Handler → Solves problems.

• Resource Allocator → Distributes resources wisely.


• Negotiator → Deals with agreements and conflicts.

Why Study Management?

Management is needed everywhere:

✅ All organizations (big or small)

✅ All levels (top, middle, first-line)

✅ All departments (HR, finance, marketing)

✅ All locations (worldwide)

Management: Science or Art?

• Science → Follows structured processes (planning, decision-making).

• Art → Requires skills, creativity, and leadership.

• Both → Management is a social science because it deals with people.

Let me know if you need it even simpler!

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