Principles of Management Text Book MANAGEMENT by Stephen P. Robbins - Mary Coulter Edition 14th In the next class every one should be having this book, please. Chapter 1 Introduction to Management and Organizations d PYRAMID 1–4 VENICE 1–5 What Is An Organization? Organization: A deliberate arrangement of people to accomplish some specific purpose • Elements of Definition – Each organization has a distinct purpose – Each organization is composed of people – All organizations develop some deliberate structure 1–6 Characteristics of Organizations 1–7 What Is An Organization? An Organization Define A deliberate arrangement of people to accomplish some specific purpose (that individuals independently could not accomplish alone). Common Characteristics of Organizations Have a distinct purpose (goal) Composed of people Have a deliberate structure 1–8 Who Are Managers? Manager Someone who coordinates and oversees the work of other people so that organizational goals can be accomplished. 1–9 Classifying Managers First-line Managers Middle Managers Individuals who manage the work of nonmanagerial employees. Individuals who manage the work of first-line managers. Top Managers Individuals who are responsible for making organization-wide decisions and establishing plans and goals that affect the entire organization. 1–10 Managerial Levels 1–11 Kinds of Managers by Level and Area Levels of Management Top managers Middle managers First-line managers 1–12 Areas of Management WHAT IS MANAGEMENT? Management is what managers do. Is it enough ? “The conventional definition of management is getting work done through people, but real management is developing people through work” “The best way to manage people to superior performance is to convince them by everything you do and by your every day attitude that you are wholeheartedly supporting them’’ Coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively. 1–13 WHAT IS MANAGEMENT? “Mangers are people who do things right” “Managing is about handling things, about maintaining order, about organization and control” “Management is about coping with complexity” “Managers are builders” 1–14 What Is Management? Managerial Concerns Efficiency “Doing things right” Getting the most output for the least inputs Effectiveness “Doing the right things” Attaining organizational goals Effectiveness and Efficiency in Management 1–16 Basic Purpose of Management EFFICIENTLY Using resources wisely and in a cost-effective way And EFFECTIVELY Making the right decisions and successfully implementing them 1–17 Efficiency versus Effectiveness 1–18 What Do Managers Do? Functional Approach Planning Organizing Arranging and structuring work to accomplish organizational goals. Leading Defining goals, establishing strategies to achieve goals, developing plans to integrate and coordinate activities. Working with and through people to accomplish goals. Controlling Monitoring, comparing, and correcting work. 1–19 Management Functions 1–20 Managerial Functions Henri Fayol was the first to describe the four managerial functions when he was the CEO of a large mining company. Fayol noted managers at all levels, operating in a for profit or not for profit organization, must perform each of the functions of: Planning, organizing, leading, controlling. 1–21 Planning Planning is the process used by managers to identify and select appropriate goals and courses of action for an organization. 3 steps to good planning : 1. Which goals should be pursued? 2. How should the goal be attained? 3. How should resources be allocated? 1–22 Organizing In organizing, managers create the structure of working relationships between organizational members that best allows them to work together and achieve goals. Managers will group people into departments according to the tasks performed. 1–23 Leading In leading, managers determine direction, state a clear vision for employees to follow, and help employees understand the role they play in attaining goals. Leadership involves a manager using power, motivation, influence, vision, persuasion, and communication skills. 1–24 Controlling Involves monitoring and evaluating actual performance, comparing actual to standard, and taking corrective action if necessary. It’s management’s job to get work performance back on track. 1–25 Management in Organizations Inputs from the environment MEN / WOMEN MONEY MACHINES MATERIALS METHODS MARKETS MIS Planning and decision making Organizing Goals attained • Efficiently • Effectively Controlling Leading 1–26 The Management Process Planning and Decision Making Setting the organization’s goals and deciding how best to achieve them Controlling Monitoring and correcting ongoing activities to facilitate goal attainment Organizing Determining how best to group activities and resources Leading Motivating members of the organization to work in the best interests of the organization 1–27 What Do Managers Do? Management Roles Approach (Mintzberg) Interpersonal roles Informational roles Figurehead, leader, liaison Monitor, disseminator, spokesperson Decisional roles Entrepreneur, Disturbance handler, resource allocator, negotiator 1–28 What Do Managers Do? (cont’d) Skills Approach Technical skills Human skills Knowledge and proficiency in a specific field The ability to work well with other people Conceptual skills The ability to think and conceptualize about abstract and complex situations concerning the organization 1–30 Skills Needed at Different Management Levels 1–31 Conceptual Skills • Using information to solve business problems • Identifying of opportunities for innovation • Recognizing problem areas and implementing solutions • Selecting critical information from masses of data • Understanding of business uses of technology • Understanding of organization’s business model 1–32 Communication Skills • Ability to transform ideas into words and actions • Credibility among colleagues, peers, and subordinates • Listening and asking questions • Presentation skills; spoken format • Presentation skills; written and/or graphic formats 1–33 Interpersonal Skills • Coaching and mentoring skills • Diversity skills: working with diverse people and cultures • Networking within the organization • Networking outside the organization • Working in teams; cooperation and commitment 1–36 Management Skills and Management Function Matrix 1–37 Why Study Management? The Value of Studying Management The universality of management The reality of work Good management is needed in all organizations. Employees either manage or are managed. Rewards and challenges of being a manager Management offers challenging, exciting and creative opportunities for meaningful and fulfilling work. Successful managers receive significant monetary rewards for their efforts. 1–38 Universal Need for Management 1–39 Rewards and Challenges of Being A Manager 1–40