Chapter 1 Management in organization: Input from the environment: Human resources Financial resources Physical resources Informational resources: Before starting own organization we need to find out information related to my idea. So that we can get a solid idea about the market where we are going to apply our idea. Planning and decision making: Setting the organizations objectives and develop the plane. Decision making is the part of the panning process. Another key thought of decision making is the act of choosing the best alternative among from the different alternative. Process of this part is: Recognizing the problems Identify the alternative Comparing the alternatives Them choosing the best alternative Implementing Follow up Roles of a manager: There are three different roles of a manager. 1. Interpersonal role: Key thought of this interpersonal is “Human relation with one to another”. Under this role there are three different roles Figurehead: It is basically known as symbolic expression. For example when you elaborate your new plan through arranging a new ceremony or any graceful event, you just initiate your new plan. Leader: It is known as encouraging my stuffs so that they can improve their productivity or perform in a very superior way. Liaison: Coordinating my task. For example in a company there are 2 project is running and both of them depends on one with another. To accomplish my goal I need to coordinate these project perfectly. Let’s assume those 2 department is Marketing and HR. If marketing department don’t know what is running under the HR department or the HR department don’t know what is happening within the Marketing department then numerous difficulties con be arise. 2. Information role: Key thoughts of this portion is “You have to gather all the information needed in order to face different kind of challenging situation. There are 3 different role under this role: Monitor: Key thought of this portion is scanning the industry growth. To avoid any possible difficulties we have to scan the organizations report in regular basis so that we can find out the potential opportunity of that particular industry and have a clear idea about the market. So when someone is putting money on an industry we have to monitor the reports of that industry. Disseminator: Transferring the information. It is one of the most crucial fact now days. In an organization there are different levels such as Top level, Mid-level and working class. When the top level take any decision they need to transfer it to the mid-level manager so that they can transfer it to the first level managers. So if an organization want to transfer the information properly then need to have a proper and constructive communication channel. Spoke person: A company’s representative whose work is to explain the company’s future growth plan or future companies objectives to the audience. 3. Decisional roles: Key thought “Act of choosing the best possible alternative. There are four different role under this role: Entrepreneur: It is basically known as developing the new idea. A manager always need to focus on the innovation process for his/her organization to compete in the market with other organizations. Disturbance Handler: In a work place there can be different type of conflicts. If these disturbance is not resolved it can create many problem for the company. So the key thoughts of disturbance handler is to resolve any kind of conflicts within the organization. Resource allocator: An organization my need to face many issues like pandemic, epidemic etc. In this kind of situation the manager need to take some steps like reviewing the budget or readjusting my budget to defend this type of hostile situation Negotiator: This part is relevant when a manager proceed any international agreements. They key thought of negotiator is at any rate the manager need to reach an agreement. Skills of a manager: Skills is basically know as my distinctive qualities. Skills differentiate one individual with another individual. There are different skills that a manager need to perform to manage the organization. Technical Skills: Technical skills means specialized knowledge. Suppose an organization need a skilled manager for marketing sector. That means that person who will be chosen for that position has to have the skill of marketing. Interpersonal Skill: This skill is known as human relation. As a manager a person must have to focus on this skill. It’s important for a manager to build a good relationship with the coordinates. If there is an inflexible relation between one to another then it can creates a lots of negative impact on attaining the organizational goals, their productiveness can be go down, The whole process can be harmed and that’s why a manager need to focus on his/her interpersonal skill. Conceptual Skill: Having the skill of taking decision for organization without having any valid information. For example Raton Tata has enough experience to take decision for his organization by himself even if he does not have enough information. Raton Tata can find out the best possible way by using his own experience. Diagnostic Skill: Diagnostic is known as ones visualizations. By this skill one can visualize things based on information. For example, after the covid-19 situation many thought there will be a declining situation on the market, maybe there will a huge unemployment situation. This thinking is visualizing based on the current situation. Communication Skill: This skill basically means transferring the ideas and sometime receiving the ideas from potentials sources. For example in an organization the primary task of a top level manager is to transfer any information to the middle managers and then the middle managers transfer it to the first level manager. Something the first level managers transfer information to the middle managers and after that the middle managers transfer it to the top management. Decision making Skill: This skill is basically mean the art of choosing the best possible options among from the different alternatives. Time management Skill: It’s basically known as taking the right decision. A managers always need to have the skill of taking a prompt decision. Because achieving the organization goal depends on decisions taken by the managers. So it is important for a manager to take a decision that will ensure the most possible chance for achieving the goal.
