Mine Management - RKJ - Notes - 1
Mine Management - RKJ - Notes - 1
ORGANIZATIONS
Franchise
Restaurant chains
Certain
Clothing retailers individuals
They’re are in
made up of charge
people
Organizations
formed for
profit
Groups of
individuals
join forces
TASK OF MANAGERS
Making decisions
Solving difficult problems
Setting goals
Planning strategies
Rallying individuals
MANAGERS
Are responsible for a group of individuals’
performance.
Must encourage this group to reach common business
goals
Managers use
Human resources
Various material resources
Technology
Planning Organizing
Staffing Leading
Controlling
Role Activity
Role Activity
Initiate improvement projects
Entrepreneur
Identify new ideas and delegate idea responsibility to others.
Take corrective action during disputes or crises
Decisional
Disturbance
Resolve conflicts among subordinates
Handler
Adapt to environments
Decide who gets resources
Resource
Prepare budgets
Allocator
Set schedules and determine priorities
Represent department during negotiations of union contracts,
Negotiator
sales, purchases, and budgets.
SKILLS NEEDED BY MANAGERS
Skills fall under the following categories
Technical
Human
Conceptual
SKILLS NEEDED BY MANAGERS
Technical
Analysis: An investigation of the component parts of a whole and their relations in making up the whole
Analytic Thinking: The abstract separation of a whole into its constituent parts in order to study the parts and their relations
SKILLS NEEDED BY MANAGERS
American Assembly of Collegiate Schools of Business (AACSB) skill sets