BUSINESS MANAGEMENT ESL 5 Presenter: Hwang, Mi Hyun Instructor: Lyra Riabov PRESENTATION DISCUSSION POINTS Management Functions Leadership Styles Characteristics of Management Styles Decision Styles Interview of a manager What is Management? Management is a team of managers who are in charge of the organization at all levels. Four Basic Functions • Planning • Organizing • Directing • Controlling Management Functions Planning Controlling Organizing Directing Leadership Styles Autocratic Authoritarian/Hierarchical Participative Free Flow Communication/sharing decision Laissez-Faire Hands Off/Consultant Characteristics of Management styles D DOMINANT MANAGEMENT STYLE Make decision rapidly Characteristics Interested in results EuroAmericans White males People, Cultures I INFLUENCERS Verbal Good at influencing and persuading AfricanAmericans Hispanics Women C CAUTIOUS Do not make quick decisions Avoid confrontation Think before speak Asians S STEADY Hang in there Good team players Native Americans Decision Styles Individual Decision Style • • • • Analytical Conceptual Directive Behavioral Six Steps in the Decision Style Individual Decision Style ANALYTICAL CONCEPTUAL Hierarchical Uses Much Data Problem Solving Creative Optimistic Initiates New Ideas DIRECTIVE BEHAVIORAL Productive Verbal Uses Rules Supportive Empathetic Wants Affiliation Six Steps in the Decision Style Step1 Define Problem Step2 Step3 Define Expectation Gather Data Step5 Step4 Step6 Choose the best Alternative Evaluate Alternatives Develop Alternatives Interview of a manager About Follett Corporation Vision, Mission, Values Interview of a manager Leslie Coughlin Manager of SNHU Campus Store About Follett Corporation Vision: Empowering Education. Mission: Follett's mission is to be the leading provider of educational solutions, services and products that empower schools, libraries, colleges, students and life-long learners. Values: Customers, Innovation, Honesty and Integrity, Teamwork, Employees Interview of a manager 1. How many employees are you responsible for? 2. What is your market? Who are your costumers? 3. When was your company established? How long have you been here? 4. What qualities do you think make a good manager? Interviewer Leslie Coughlin, Manager of SNHU Campus Store 5. What is the overall goal of the business? Interview of a manager 6. What out of four functions: Planning, Organizing, Directing and Controlling do you spend most of your time? 7. What is your leadership style if you choose from dominant, influencer, cautious, or steady? Interviewee Claire, Sophea, Andrew 8. Which leadership style do you prefer?: Autocratic, Participative, or Laissezfaire Summary Definition of management Four Management Functions Three Leadership Styles Four Characteristics of Management Styles Characteristics of Decision Styles Six Steps in the Decision Process References Management Functions Leadership Style Six Steps in the Decision Process Arden, Marianne Mc Dougal And, “Management,” BUSINESS CONSEPTS FOR ENGLISH PRACTICE Heinle And Heinle, 1993 Characteristic of Management What Is a Good Manager? Vetrano, Joni, Et Al, “Management,” TAPESTRY: LET’S TALK BUSINESS Heinle And Heinle, 1995 Corporate Culture Dr. James D. Boulgarides of the California State University Follett www.follett.com Interview of SNHU Campus Store Manager Interviewer: Leslie Coughlin Interviewee: Claire, Sophea, and Andrew