Management definitions 1. The process of planning, organizing, leading and controlling the work of organizational members and of using all the available organizational resources to reach stated organizational goals (Stonner & Freeman 1992) 2. The process whereby human, financial, physical and informational resources are employed for the attainment of organizational objectives (Smit, Cronje, Brevis, & Vrba 2011) Definition of key terms • A manager maybe the owner or founder of an organization; or maybe an operator hired by an organization to give it direction • An organization is a consciously coordinated social unit, composed of two or more people that function on a relatively continuous basis to achieve a common goal (Robbins et al 2007). Management levels a) • • • • Top managers These are strategic planners of an organization. They are responsible for formulating organizations’ goals, vision and mission statements. They establish operating policies and guide the organization’s interaction with its stakeholders. Examples: Management levels cont... b) Middle managers • These ensure that lower level managers implement set policies. • They are usually in charge of divisions or large departments and sometimes responsible for operative employees. • Examples: Management levels cont... c) Lower level managers • These are in charge of smaller work units composed of hands-on workers. • First-line managers ensure that their teams meet performance objectives consistent with the plans of middle and top management. Management skills a) Conceptual skills • Ability to analyse and comprehend abstract ideas and apply them to specific situations. • The mental capacity to see how different parts of the organization fit together and depend on each other. • Managers may acquire these skills through job experience personal traits, formal training. Management skills cont... Technical skills • The ability to use tools, procedures or techniques of a specialised field. • Managers acquire these skills through formal education and further develop them through training and job experience. Management skills cont... c) Human skills • The ability to work well with others; to understand and motivate them as individuals or groups. • Some managers are naturally born with great human skills, while others improve their skills through experience. Managers’ skills levels Top C Middle C Lower C H H H T T T