Introduction Managment and Businesses

Part 1 Introduction to Management and Organizations

|ANNOTATED OUTLINE |

1 ) INTRODUCTION TO PART ONE

Section One features the ideas of supervision, managers, and organizations through the exploration of five major questions: A. Who have are managers?

B. What is management?

C. What do managers do?

Deb. What is a business, and how may be the concept of a business changing? Elizabeth. Why analyze management?

installment payments on your WHO WILL BE MANAGERS?

A. The changing characteristics of businesses and operate often requires employees in formerly non-managerial jobs to do managerial activities. Students who are getting yourself ready for careers about any organizational level can benefit from acquiring supervision skills. Present employees must be cross-trained and multiskilled. W. How do we define a administrator? A director is someone who coordinates and oversees the work of others so that company goals can be accomplished. Yet , keep in mind that managers may have additional work duties not related to coordinating the work more. C. Managers can be grouped by their level in the firm, particularly in traditionally organised organizations—those molded like a pyramid (see Demonstrate 1-1 and PowerPoint glide 1-7). 1 . First-line managers (often named supervisors) are located on the lowest level of supervision. 2 . Middle managers include all levels of management between the first-line level and the top rated level of the business. 3. Best managers contain managers in or near to the top of the organization who are responsible for making organization-wide decisions and establishing strategies and desired goals that impact the entire corporation. 3. PRECISELY WHAT IS MANAGEMENT?

A. Administration involves complementing and overseeing the work activities of others to ensure that their actions are completed efficiently and effectively. 1 . Coordinating and overseeing the job of others is what distinguishes a managerial location from a nonmanagerial one particular. 2 . Productivity is getting one of the most output in the least quantity of advices in order to minimize resource costs. Efficiency is often referred to as " doing issues right” (see Exhibit 1-2 and PowerPoint slide 1-9). 3. Effectiveness is concluding activities to ensure that organizational desired goals are gained and is typically described as " doing the right things” (see Exhibit 1-2 and PowerPoint slide 1-9). 4. WHAT DO MANAGERS CARRY OUT?

No two managers' jobs happen to be exactly equally. But management writers and researchers have developed some particular categorization plans to describe what managers perform. Chapter A single examines these types of three categorization schemes: features, roles, expertise. A. Management Functions. Henri Fayol, a French industrialist inside the early 1900s, proposed that managers perform five managing functions: POCCC (plan, set up, command, synchronize, control). 1 ) Over time, Fayol's five supervision functions had been reorganized in four functions, which supply a foundation to get the organization of many current supervision textbooks (see Exhibit 1-3 and PowerPoint slide 1-11). a. Planning involves determining goals, creating strategies for obtaining those goals, and developing plans to integrate and coordinate actions. b. Managing involves arranging and building work to perform the company goals. c. Leading entails working with and through people to accomplish organizational goals. m. Controlling entails monitoring, contrasting, and correcting work overall performance. 2 . Used, managing is definitely not always performed in a pattern as outlined above. As these 4 management capabilities are integrated into the activities of managers through the workday, they should be viewed as a continuing process....

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