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Management: An Overview




MultiMedia by              2002 South-
Mission
                1 Defines strategy

          2 Strategy defines structure




MultiMedia by                        2002 South-
Goal

• Outcomes to be achieved.
• Destination to be reached over a period of
  time through the exercise of management
  functions.




MultiMedia by                   2002 South-
Objectives

           Comparatively short time span



                       Specific



                Measurable achievements




MultiMedia by                             2002 South-
Organization


 Entity managed by one or more persons to achieve
                  stated goals.




MultiMedia by                      2002 South-
Values

      Constitute beliefs and basic tenets.

         Meaningful to those individuals and
           organizations that hold them.

                     Must be harmonious and
                      support one another.




MultiMedia by                                2002 South-
Managers Must be Able to

           Sense the need for change in themselves.



     Sense the need for change in their areas of influence.



Sense the need to become the driving force for achieving change.




  MultiMedia by                               2002 South-
Quality



          The totality of features and
         characteristics of a product or
                    service.




MultiMedia by                         2002 South-
Customer
                Any person or group, both inside
                  and outside an organization.




MultiMedia by                     2002 South-
Essential Characteristic of Leadership


 The ability “to get people to follow voluntarily.”
 Accomplish this by having:
    -values
    -skills
    -abilities
    -traits
    -ability to inspire others


 MultiMedia by                         2002 South-
4-Es of GE Leadership

         Personal Energy to welcome and deal with
                   the speed of change.


The Edge to make
The Edge to make                        The ability to
                                        The ability to
difficult decisions.
difficult decisions.                 consistently Execute.
                                     consistently Execute.


             Ability to create an atmosphere
             Ability to create an atmosphere
                  that Energizes others.
                   that Energizes others.



MultiMedia by                             2002 South-
Diversity Includes

Differing Age
Differing Age                    Ethnic and
                                  Ethnic and
   Groups
    Groups                   Racial Backgrounds
                             Racial Backgrounds

                   Genders
                   Genders


 Cultural and
  Cultural and               Mental and Physical
                             Mental and Physical
National Origins
National Origins                Capabilities
                                 Capabilities




MultiMedia by                 2002 South-
Diversity Represents Three Challenges
            for Managers

                Integrate the diversity that
                exists into their workforces.


                Learn about and understand
                  employees’ differences.


                 Find ways to utilize and
                celebrate these differences.


MultiMedia by                         2002 South-
In a Global Economy,
       Managers Must Adapt to

                   Unfamiliar Cultures

Economic Conditions                      Climates

                 Commercial Regulations




 MultiMedia by                           2002 South-
Pyramid of The Management
             Hierarchy




MultiMedia by           2002 South-
Middle Managers Typically

Translate top long-term goals            Are trained to become
 into shorter-term objectives.        team leaders and facilitators.


 Oversee the works of other                  Are being thinned
     middle managers.                         or eliminated.


                         Are becoming less
                            specialized.




    MultiMedia by                               2002 South-
Human Resource
    Marketing          Management



     Essential Business Functions
     Essential Business Functions


       Operations        Finance




MultiMedia by               2002 South-
MultiMedia by   2002 South-
Planning

 Lay the groundwork.
 Begin by identifying goals and alternative ways
  of achieving them.
 Assign priorities to each goal.
 Determine the resources required.
 Determine actions that commit individuals,
  departments, and organization.



 MultiMedia by                       2002 South-
Influences on Planning


                   External forces

 Internal forces                 Vertical influence




MultiMedia by                        2002 South-
Management Functions




MultiMedia by             2002 South-
Three Interpersonal Roles
 Figurehead
     Performs certain ceremonial duties
 Leader
     Works to improve employees’ performances
      and reduce conflict
     Provides feedback
     Encourages individual growth
 Liaison
     Interacts with others
     Builds contacts


MultiMedia by                       2002 South-
Three Key Roles Involving
   Dissemination of Information

                   Monitor
       - Directly (by asking questions)
          - Indirectly (by receiving
            unsolicited information)


   Disseminator                Spokesperson




MultiMedia by                       2002 South-
Entrepreneur               Disturbance Handler

                Decisional Roles

Resource Allocator                 Negotiator




MultiMedia by                      2002 South-
Skills Needed by Management Level




MultiMedia by           2002 South-
Management Six Myths
           Managers are reflective, methodical planners with time to
Myth #1
           systematically plan and work through a day.

Myth #2    Effective managers have no regular duties to perform.
           They establish others’ responsibilities in advance and then
           relax.
Myth #3    The manager’s job is a science; managers work
           systematically and analytically.

Myth #4    Managers are self-starting, self-directing, and
           autonomous.

Myth #5    Good managers seek out the information they need.


Myth #6    Competition among managers is good for…business.



MultiMedia by                                    2002 South-
Managers are Evaluated by
  How effectively
  How effectively       How efficiently they
                        How efficiently they         Whether they
                                                     Whether they
   they play the
    they play the         use their talents
                          use their talents          act ethically
                                                     act ethically
 management roles.
 management roles.         and resources
                           and resources

Whether they possess
Whether they possess                              How they utilize the
                                                  How they utilize the
   and properly
   and properly                                         diversity
                                                        diversity
   apply needed
   apply needed                                     in their people
                                                     in their people
 management skills
 management skills

How effective they
How effective they                               How effectively they
                                                 How effectively they
                          How well they
                          How well they
 are in setting and
 are in setting and                                and their people
                                                   and their people
                       demonstrate leadership.
                       demonstrate leadership.
  achieving goals
  achieving goals                                 please customers
                                                   please customers



   MultiMedia by                                 2002 South-
Manager’s Primary Reasons
            for Failure

 Being uncertain about their boss’s expectations of
  them.
 Being unable to make tough decisions.
 Taking too long to learn the job.
 Being unable to build partnerships with subordinates
  and peers.
 Lacking political savvy.



  MultiMedia by                       2002 South-

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Ch01

  • 2. Mission 1 Defines strategy 2 Strategy defines structure MultiMedia by 2002 South-
  • 3. Goal • Outcomes to be achieved. • Destination to be reached over a period of time through the exercise of management functions. MultiMedia by 2002 South-
  • 4. Objectives Comparatively short time span Specific Measurable achievements MultiMedia by 2002 South-
  • 5. Organization Entity managed by one or more persons to achieve stated goals. MultiMedia by 2002 South-
  • 6. Values Constitute beliefs and basic tenets. Meaningful to those individuals and organizations that hold them. Must be harmonious and support one another. MultiMedia by 2002 South-
  • 7. Managers Must be Able to Sense the need for change in themselves. Sense the need for change in their areas of influence. Sense the need to become the driving force for achieving change. MultiMedia by 2002 South-
  • 8. Quality The totality of features and characteristics of a product or service. MultiMedia by 2002 South-
  • 9. Customer Any person or group, both inside and outside an organization. MultiMedia by 2002 South-
  • 10. Essential Characteristic of Leadership  The ability “to get people to follow voluntarily.”  Accomplish this by having: -values -skills -abilities -traits -ability to inspire others MultiMedia by 2002 South-
  • 11. 4-Es of GE Leadership Personal Energy to welcome and deal with the speed of change. The Edge to make The Edge to make The ability to The ability to difficult decisions. difficult decisions. consistently Execute. consistently Execute. Ability to create an atmosphere Ability to create an atmosphere that Energizes others. that Energizes others. MultiMedia by 2002 South-
  • 12. Diversity Includes Differing Age Differing Age Ethnic and Ethnic and Groups Groups Racial Backgrounds Racial Backgrounds Genders Genders Cultural and Cultural and Mental and Physical Mental and Physical National Origins National Origins Capabilities Capabilities MultiMedia by 2002 South-
  • 13. Diversity Represents Three Challenges for Managers Integrate the diversity that exists into their workforces. Learn about and understand employees’ differences. Find ways to utilize and celebrate these differences. MultiMedia by 2002 South-
  • 14. In a Global Economy, Managers Must Adapt to Unfamiliar Cultures Economic Conditions Climates Commercial Regulations MultiMedia by 2002 South-
  • 15. Pyramid of The Management Hierarchy MultiMedia by 2002 South-
  • 16. Middle Managers Typically Translate top long-term goals Are trained to become into shorter-term objectives. team leaders and facilitators. Oversee the works of other Are being thinned middle managers. or eliminated. Are becoming less specialized. MultiMedia by 2002 South-
  • 17. Human Resource Marketing Management Essential Business Functions Essential Business Functions Operations Finance MultiMedia by 2002 South-
  • 18. MultiMedia by 2002 South-
  • 19. Planning  Lay the groundwork.  Begin by identifying goals and alternative ways of achieving them.  Assign priorities to each goal.  Determine the resources required.  Determine actions that commit individuals, departments, and organization. MultiMedia by 2002 South-
  • 20. Influences on Planning External forces Internal forces Vertical influence MultiMedia by 2002 South-
  • 22. Three Interpersonal Roles  Figurehead  Performs certain ceremonial duties  Leader  Works to improve employees’ performances and reduce conflict  Provides feedback  Encourages individual growth  Liaison  Interacts with others  Builds contacts MultiMedia by 2002 South-
  • 23. Three Key Roles Involving Dissemination of Information Monitor - Directly (by asking questions) - Indirectly (by receiving unsolicited information) Disseminator Spokesperson MultiMedia by 2002 South-
  • 24. Entrepreneur Disturbance Handler Decisional Roles Resource Allocator Negotiator MultiMedia by 2002 South-
  • 25. Skills Needed by Management Level MultiMedia by 2002 South-
  • 26. Management Six Myths Managers are reflective, methodical planners with time to Myth #1 systematically plan and work through a day. Myth #2 Effective managers have no regular duties to perform. They establish others’ responsibilities in advance and then relax. Myth #3 The manager’s job is a science; managers work systematically and analytically. Myth #4 Managers are self-starting, self-directing, and autonomous. Myth #5 Good managers seek out the information they need. Myth #6 Competition among managers is good for…business. MultiMedia by 2002 South-
  • 27. Managers are Evaluated by How effectively How effectively How efficiently they How efficiently they Whether they Whether they they play the they play the use their talents use their talents act ethically act ethically management roles. management roles. and resources and resources Whether they possess Whether they possess How they utilize the How they utilize the and properly and properly diversity diversity apply needed apply needed in their people in their people management skills management skills How effective they How effective they How effectively they How effectively they How well they How well they are in setting and are in setting and and their people and their people demonstrate leadership. demonstrate leadership. achieving goals achieving goals please customers please customers MultiMedia by 2002 South-
  • 28. Manager’s Primary Reasons for Failure  Being uncertain about their boss’s expectations of them.  Being unable to make tough decisions.  Taking too long to learn the job.  Being unable to build partnerships with subordinates and peers.  Lacking political savvy. MultiMedia by 2002 South-