??? “An activity or art where those who have not yet succeeded and those who have proved unsuccessful are led by those who have not yet failed.” Management “An activity or art where those who have not yet succeeded and those who have proved unsuccessful are led by those who have not yet failed.” Paulsson Freckner, 1985 → HW check: MK, p 16 Handout People involved in corporate structure • shareholders • management • workforce Management: • Top / senior /upper management • Middle management • Lower management Workforce: employees /staff / personnel / human resources / labour senior staff ≠ higher-positioned ≠ superiors ≠ junior staff lower-positioned subordinates Mary is Kate’s superior. Kate is Mary’s subordinate. Managers plan, organize, integrate, measure & develop (P. Drucker, 1977) • RESPONSIBILITIES AND AUTHORITY • DELEGATION OF RESPONSIBILITIES • ORGANIZATIONAL UNITS → MK, p 20 1b → 1C READ THE TEXT (MK, p 21-22) & MATCH HEADINGS TO PARAGRAPHS - STAFF POSITION – – – – – – – DISADVANTAGES OF THE FUNCTIONAL ORGANIZATION HIERARCHICAL / LINE STRUCTURE TEAMS THE MATRIX STRUCTURE AUTONOMOUS DIVISIONS / DECENTRALIZATION SIMULATED DECENTRALIZATION FUNCTIONAL ORGANIZATION HW: → Summarize the text! Use the grid in R, p. 35 Vocabulary focus: DIVISION OF RESPONSIBLITIES What are you responsible for? What are you in charge of? What are your responsibilities? Chain of command and line authority Useful vocabulary: superiors & subordinates Who is your superior? Who do you report to? Who are you responsible to? Who are you accountable to? Who are you subordinated to? Who do you receive instructions from? • Who can appoint you? promote remove dismiss • Who reports to you? Who is accountable to you? Who do you give instructions? – Line organization Line positions (Assistant Manager) vs. Staff organization Staff position (Assistant to the Manager) DELEGATION Are responsibilities delegated? Centralised decision-making vs. Decentralised decision-making ORGANIZATIONAL UNITS The company consists of… is composed of… is divided into… is made up of… contains ... includes … …departments (function-based: production dept.), divisions (product/market-based: Food division, Asian division), sectors, sections, business units, arms… COMPANY DEPARTMENTS • • • • • • • • • PRODUCTION CUSTOMER SERVICE ADVERTISING LEGAL ACCOUNTS PERSONNEL (HR) MARKETING FINANCE PUBLIC RELATIONS (PR) • RESEARCH & DEVELOPMENT (R&D) • MAINTENANCE • DISTRIBUTION • QUALITY CONTROL • INFORMATION TECHNOLOGY (IT) etc. …deals with …is in charge of …is responsible for WHICH COMPANY DEPARTMENT IS IN CHARGE OF…? • money paid, received, borrowed, or owed • promoting, selling and distributing products or services of its company • discovering new knowledge about products, to create new and improved products • recruiting new staff & administrative aspects of the employees • legal advice to other departments in the company • actual construction and preparation of products HW • Don’t forget to summarize the text on company structures using the grid (R, p 35) • Work on your business plan. Include information on your company management and staff, as well as on the structure of your company (no need to submit it in this phase, just do it!)