2. The process of administering and
coordinating resources effectively and
efficiently in an effort to achieve the
goals of the organization.
Management Defined
9. Effectiveness vs. Efficiency
Effectiveness is achieved when the
organization pursues appropriate
goals. This means “doing the right
thing.”
Efficiency is achieved by using fewer
inputs (e.g., people, money) to
generate a given output. This means
“doing things right.”
10. What Is An Organization?
An organization is a group of individuals
who work together toward common goals.
What Do All Organizations Have in
Common?
They are made up of people, and the efforts
of these people must be coordinated if the
organization is to accomplish its goals.
12. The Four Functions of
Management
Slide 2 of 3
• Planning
– Setting goals and defining the actions
necessary to achieve those goals.
• Organizing
– The process of determining the tasks to be
done, who will do them, and how those tasks
will be managed and coordinated.
13. The Four Functions of
Management
Slide 3 of 3
• Leading
– Motivating and directing the members of the
organization so that they contribute to the
achievement of the goals of the organization.
• Controlling
– Monitoring the performance of the
organization, identifying deviations between
planned and actual results, and taking
corrective action when necessary.
18. Managerial Responsibilities
• 1.Work with and through others
• 2.Act as a communication channel
• 3. Responsible and accountable
• 4. Balance competing needs
• 5.Think analytically and conceptually
• 6.Managers as politician
• 7.Managers as diplomat
• 8.Managers as symbols
• 9.Make difficult decisions
• 10.Managers as mediators
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24. Factors contributing towards excellent
in management
• 1.Bias for action
• 2.Staying close to the customer
• 3.Autonomy and entrepreneurship
• 4.Productivity through people
• 5.Hands on value driven
• 6.Stick to the knitting
• 7.Simple form lean staff
• 8.Simultaneous loose tight properties.
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25. Managers
Managers are the people who plan,
organize, lead, and control the
activities of the organization so that its
goals can be achieved.