Understand business organization and management.
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Objective 2.02
Understand leadership and management.
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Management
Leadership
Human Resource Management
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Essential Question: What are the classifications of management functions, levels, and styles?
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Describe the role of a manager
• Managers are responsible for management of a business to accomplish goals by effectively using people and other resources.
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• Planning
To analyze information , set goals based on information, and make decisions to accomplish the goals
• Organizing
To arrange resources in order to accomplish the goals of the business
• Staffing
To obtain, train, and compensate employees to accomplish the goals of the business
• Implementing
To direct and lead people to accomplish the goals of the business
• Controlling
To determine whether a business is accomplishing its goals that were set in the planning stage.
Levels of management
• Top
Executives who are responsible for the overall direction of the business
• Mid-Management
Specialists responsible for a specific part of the business
• Supervisors
First level of management in the business
Responsible for the routine work of employees
• Management by others
Other employees who are not managers, may serve as leaders for a group of employees
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What is management style?
• The way a manager directs employees to accomplish the goals of the business.
Describe the different types of management styles:
• Tactical
Directed and controlling
Typically, use for inexperienced employees or during a crisis
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• Strategic
Less directed with employees helping with decision making
Typically, used with trusted and/or experienced employees
• Mixed
Combination of both tactical and strategic
Essential Question: What are the classifications of leadership styles?
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The ability to motivate others to effectively accomplish goals of the business.
What characteristics do a good leader possess?
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Leadership continued
How many did you name?
Intelligence
Judgment
Objectivity
Initiative
Dependability
Understanding
Cooperation
Honesty
Courage
Confidence
Stability
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Leadership styles
Autocratic
Used when a leader needs to give direct, clear, and precise orders and makes decisions
Situations to use style:
• During an emergency
• To direct the work of inexperienced employees
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• Democratic
one who includes employees in making decisions
Situations to use style:
• To monitor quality of work of employees
• To direct the work of employees working as a team
• Open or Laissez-fare
one who gives little or no direction to employees
Situation to use style:
• To monitor achievements and communicate regularly with employees
• To direct the work of experienced and trained
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Essential Question: What are the classifications of human resources management activities?
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Human Resources Management
What is the role of human resources managers?
• Human resources managers uses the management process of managing employees who collectively contribute to the achievement of the objectives of the business.
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Human Resources Management
The functions of human resources management:
• Planning and staffing
• Managing compensation and benefits
• Managing performance of employees
Human Resources Management continued
Planning and job staffing
• Classifying employees
Permanent
• Long term commitment
Temporary
• Hired for a specific time/job
Full Time
• 30 or more hours per week (usually 40+ hours)
Part Time
• Short work week
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Human Resources Management
continued
Planning and job staffing
• Determining job requirements:
The use of job analysis to determine all the duties for a particular job
Recruiting and hiring employees
The application process
• Reviewing applications/resumes
• Interviewing applicants
• Checking references of applicants
• Making a job offer to applicants
New employee orientation
• Paperwork
• Training
• Mentor
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Human Resources Management continued
Managing compensations and benefits
• Compensation method
Time Wage – Direct payment per hour
Salary – Direct payment per week, bi-weekly, or monthly
Commission – Percentage of sales
Piece Rate – Payment per unit produced
Base plus incentive – Direct payment plus perfomance based pay
• Employee benefits
Other items given to employee for working. For example, health insurance, vacation time, sick time, dental insurance, etc.
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Human Resources Management
continued
Managing performance of employees
• Employee evaluation
Objective evaluations of emplyees’ quality of work
• Promotion
Advancement of an employee to a position with greater responsibility
• Transfer
Assignment of the employee to a job in another area with similar responsibility
• Termination
Ends employment relationship
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