SlideShare a Scribd company logo
1 of 13
MANAGEMENT SUMMARY CHAPTER 01
1.1 Managers and where do they work?
MANAGERS:
Someone who coordinates and oversees the work of other people so organizational
goals can be achieved. Coordinating the work of a departmental group or supervising.
Where do managers work?
Organization:
A deliberate arrangement of
people to accomplish specific
purpose.
1.2 WHY MANAGERS ARE IMPORTANT?
QUESTION NO 02: WHY ARE MANAGERS IMPORTANT TO ORGANIZATIONS, WHAT ARE
THEIR KEY RESPONSIBILITES IN AN ORGANIZATION?
1. ORGANIZATIONS NEED THEIR MANAGERIAL SKILLS AND ABILITIES
As organizations deal with today’s challenges as changing workforce dynamics, the
worldwide economic climate, changing technology and ever increasing globalization
hence they play an important role in identifying critical issues and crafting responses
2. MANAGERS ARE CRITICAL TO GETTING THINGS DONE
These managers deal with all kinds of issues as the company’s myriad tasks are carried
out. They create and coordinate the workplace environment and work systems so that
others can perform those tasks. They find reasons and bring work and tasks on track
back if there is an issue.
3. Matter
Single most important variable in an employee productivity and loyalty isn’t
pay/benefits or environment it’s the quality of relationship between employee and
other direct supervisors
And. study states that managerial ability was important in creating organizational value.
Managers can provide leadership to their teams, providing a purpose and direction that
employees can trust. They help employees reach their goals and handle the daily
production and processes of a business. They also plan the next steps for managing
projects and potential hires
What are the five key responsibilities of a manager?
At the most fundamental level, management is a discipline that consists of a set
of five general functions: planning, organizing, staffing, leading and
controlling
1.3 WHATDO MANAGERS DO?
Q 01- What are 3 main roles performed by a manager?
MANAGEMENT FUNCTIONS:
At the most fundamental level, management is a discipline that consists of
a set of five general functions: planning,organizing,staffing,leading
and controlling
Planning:
Management function that
involves setting goals establishing
strategies for achieving those goals
and developing plans to integrate
and coordinate activities
Organizing:
Management function that
involves arranging and structuring
work to accomplish the organizational goals
Leading:
Management function that involves
working with and going through people
to accomplish organizational goals
Controlling:
Management function that involves
monitoring, comparing and correcting
work performance.
MINTZBERG MANAGERIAL ROLES AND CONTEMPORARY MODEL OF MANAGING:
QUESTION 03- INTRODUCTION:
Henry Mintzberg, a well-known
management researcher studied actual
managers at work and concluded:
Managerial Role: Refers to specific actions
or behaviors expected or exhibited by the
managers
Managerial role that involves:
Interpersonal roles: People and
subordinates that are ceremonial and symbolic in nature
Informational roles: collecting, receiving and
disseminating information.
Decisional roles: Revolves around making choices and
decisions.
Mintzberg proposed that manager activities included
both reflection (thinking) and action (doing)
CONCLUSION: Managers regardless of the type of
organization and level in organization perform similar
roles. However emphasis he gives changes according to his level .
The classical functions provide clear and
discrete methods of classifying the
thousands of activities managers carry
out and the technique they use in terms
of the functions they perform for the
achievement of goals, however his
approach and additional model of
managing do offer us other insights into
managers work.
Management Skills:
UPS, company that understands importance of management skills
Robert Katz proposed that managers need 3 critical skills in managing.
Technical skills: Job-specific knowledge and techniques needed proficiently perform
work tasks
Interpersonal skills: Ability to work well with other people both individually and in
group.
Conceptual skills: Skills managers use to think and conceptualize about abstract and
complex situations.
Using these skills managers are able to understand relationships among various subunits
and visualize how organization fits into broader environment. Managers then effectively
direct employees work
 FOCUS ON CUSTOMER
 FOCUS ON SOCIAL
MEDIA
 FOCUS ON
TECHNOLOGY
 FOCUS ON
INNOVATION
 FOCUS ON
SUSTAINAILITY
 FOCUS ON EMPLOYEE
COMPETITIVE EDGE
COMPETITION OF FOOD, SERVICE AND CONCEPT
FOCUS ON CUSTOMER:
2 Strategies – Create what is demanded or Market it in a way to make a
demand of it
FOCUS ON TECHNOLOGY:
Better service (Updated room service)
Food technology as food processing or order taking by robotic
technology
FOCUS ON SOCIAL MEDIA
FOCUS ON INNOVATION:
Business growth by marketing, Operations and HR by Training and
development
And surveys to make it even better
FOCUS ON SUSTAINABILITY:
Sustainability: To perform a task without any harm to the environment
FOCUS ON EMPLOYEE:
Customer oriented organization as balance between work and social
life to achieve goals
Employee focused as observe and identify their weak points for training
sessions.
“SATISFY THOSE WHO SATISY YOUR CUSTOMERS”
INTRODUCTION:
Management has long been associated with the five basic functions: planning,
organizing, staffing, directing, and controlling. These default dimensions are sufficient
when pursuing a fixed target in a stable landscape. But take away the stability of the
landscape, and one needs to start thinking about the fluidity of the target. This is what’s
happening today, and managers must move away from the friendly confines of these
five tasks. To help organizations meet today’s challenges, managers must move from:
directive to instructive, restrictive to expansive, exclusive to inclusive, repetitive to Mini
Directive to instructive: When robots driven by artificial intelligence (AI) do more tasks
like finish construction or help legal professionals more efficiently manage invoices,
there will be no need for a supervisor to direct people doing such work. This is already
happening in many industries — workers are being replaced with robots, especially for
work that is more manual than mental, more repetitive than creative.
What will be needed from managers is to think differently about the future in order to
shape the impact AI will have on their industry. This means spending more time
exploring the implications of AI, helping others extend their own frontiers of knowledge,
and learning through experimentation to develop new practices. Learning, not
knowledge, will power organizations into the future; and the central champion of
learning should be the manager.
Restrictive to expansive: Too many managers micromanage. They don’t delegate or let
direct reports make decisions, and they needlessly monitor other people’s work. This
tendency restricts employees’ ability to develop their thinking and decision making —
exactly what is needed to help organizations remain competitive.
Managers today need to draw out everyone’s best thinking. This means encouraging
people to learn about competitors old and new, and to think about the ways in which
the marketplace is unfolding.
Exclusive to inclusive: Too many managers believe they are smart enough to make all
the decisions without the aid of anyone else. To them, the proverbial buck always stops
at their desks. Yet, it has been our experience that when facing new situations, the best
managers create leadership circles, or groups of peers from across the firm, to gain
more perspective about problems and solutions.
Managers need to be bringing a diverse set of thinking styles to bear on the challenges
they face. Truly breakaway thinking gets its spark from the playful experimentation of
many people exchanging their views, integrating their experiences, and imagining
different futures.
Repetitive to innovative: Managers often encourage predictability — they want things
nailed down, systems in place, and existing performance measures high. That way, the
operation can be fully justifiable, one that runs the same way year in and out. The
problem with this mode is it leads managers to focus only on what they know — on
perpetuating the status quo — at the expense of what is possible.
Organizations need managers to think much more about innovating beyond the status
quo – and not just in the face of challenges. Idris Mootee, CEO of Idea Couture
Inc., could not have said it better: “When a company is expanding, when a manager
starts saying ‘our firm is doing great’, or when a business is featured on the cover of a
national magazine – that’s when it’s time to start thinking. When companies are under
the gun and things are falling apart, it is not hard to find compelling reasons to change.
Companies need to learn that their successes should not distract them from innovation.
The best time to innovate is all the time.”
Problem solver to challenger: Solving problems is never a substitute for growing a
business. Many managers have told us that their number one job is “putting out fires,”
fixing the problems that have naturally arisen from operating the business. We don’t
think that should be the only job of today’s manager. Rather, the role calls for finding
better ways to operate the firm — by challenging people to discover new and better
ways to grow, and by reimagining the best of what’s been done before. This requires
practicing more reflection — to understand what challenges to pursue, and how one
tends to think about and respond to those challenges.
Employer to entrepreneur: Many jobs devolve into trying to please one’s supervisor.
The emphasis on customers, competitors, innovations, marketplace trends, and
organizational performance morphs too easily into what the manager wants done today
— and how he or she wants it done. Anyone who has worked for “a boss” probably
knows the feeling.
The job of a manager must be permanently recast from an employer to an
entrepreneur. Being entrepreneurial is a mode of thinking, one that can help us see
things we normally overlook and do things we normally avoid. Thinking like an
entrepreneur simply means to expand your perception and increase your action — both
of which are important for finding new gateways for development. And this would make
organizations more future facing — more vibrant, alert, playful — and open to the
perpetual novelty it brings
.
MANAGEMENT SUMMARY CHAPTER 01.docx
MANAGEMENT SUMMARY CHAPTER 01.docx

More Related Content

What's hot

Workshop on managerial effectiveness
Workshop on managerial effectivenessWorkshop on managerial effectiveness
Workshop on managerial effectivenessNandu Warrier
 
Managerial Effectiveness
Managerial EffectivenessManagerial Effectiveness
Managerial EffectivenessAkash Chander
 
MANAGEMENT PRINCIPLES
MANAGEMENT PRINCIPLESMANAGEMENT PRINCIPLES
MANAGEMENT PRINCIPLESRohan Goyal
 
Employee Development Philosophy Linkedin
Employee Development Philosophy LinkedinEmployee Development Philosophy Linkedin
Employee Development Philosophy Linkedinsarahmurray156
 
Theories team empowered
Theories team empoweredTheories team empowered
Theories team empoweredKatePotingan
 
14 Principles of Management by Henri Fayol with Case Study
14 Principles of Management by Henri Fayol with Case Study14 Principles of Management by Henri Fayol with Case Study
14 Principles of Management by Henri Fayol with Case StudySheikh_Rehmat
 
Leadership Skills For Your Startup Growth - Patrick Henry Entropic
Leadership Skills For Your Startup Growth - Patrick Henry Entropic Leadership Skills For Your Startup Growth - Patrick Henry Entropic
Leadership Skills For Your Startup Growth - Patrick Henry Entropic Patrick Henry Entropic
 
Principles of Management Project CLASS XII
Principles of Management Project CLASS XIIPrinciples of Management Project CLASS XII
Principles of Management Project CLASS XIIManpret
 
49981473 managerial-effectiveness
49981473 managerial-effectiveness49981473 managerial-effectiveness
49981473 managerial-effectivenessShri Banu
 
Managerial excellence ppt 1
Managerial excellence ppt 1Managerial excellence ppt 1
Managerial excellence ppt 1Iyer Subramanian
 
Management 1 lecture 1v4
Management 1 lecture 1v4Management 1 lecture 1v4
Management 1 lecture 1v4Diana Shore
 
Chap1 Management Introduction
Chap1 Management IntroductionChap1 Management Introduction
Chap1 Management Introductionmraravind0075
 
Chapter 7 : Career Module - Building Your Career
Chapter 7 : Career Module - Building Your CareerChapter 7 : Career Module - Building Your Career
Chapter 7 : Career Module - Building Your CareerPeleZain
 
Survey of 14 Principles Of Management followed by a company!
Survey of 14 Principles Of Management followed by a company!Survey of 14 Principles Of Management followed by a company!
Survey of 14 Principles Of Management followed by a company!Sejal Gaikwad
 

What's hot (19)

Workshop on managerial effectiveness
Workshop on managerial effectivenessWorkshop on managerial effectiveness
Workshop on managerial effectiveness
 
Managerial Effectiveness
Managerial EffectivenessManagerial Effectiveness
Managerial Effectiveness
 
MANAGEMENT PRINCIPLES
MANAGEMENT PRINCIPLESMANAGEMENT PRINCIPLES
MANAGEMENT PRINCIPLES
 
Contemporary Management
Contemporary ManagementContemporary Management
Contemporary Management
 
Managerial, supervisor skills
 Managerial, supervisor skills Managerial, supervisor skills
Managerial, supervisor skills
 
Employee Development Philosophy Linkedin
Employee Development Philosophy LinkedinEmployee Development Philosophy Linkedin
Employee Development Philosophy Linkedin
 
Theories team empowered
Theories team empoweredTheories team empowered
Theories team empowered
 
14 Principles of Management by Henri Fayol with Case Study
14 Principles of Management by Henri Fayol with Case Study14 Principles of Management by Henri Fayol with Case Study
14 Principles of Management by Henri Fayol with Case Study
 
Leadership Skills For Your Startup Growth - Patrick Henry Entropic
Leadership Skills For Your Startup Growth - Patrick Henry Entropic Leadership Skills For Your Startup Growth - Patrick Henry Entropic
Leadership Skills For Your Startup Growth - Patrick Henry Entropic
 
Principles of Management Project CLASS XII
Principles of Management Project CLASS XIIPrinciples of Management Project CLASS XII
Principles of Management Project CLASS XII
 
49981473 managerial-effectiveness
49981473 managerial-effectiveness49981473 managerial-effectiveness
49981473 managerial-effectiveness
 
Managerial excellence ppt 1
Managerial excellence ppt 1Managerial excellence ppt 1
Managerial excellence ppt 1
 
Management 1 lecture 1v4
Management 1 lecture 1v4Management 1 lecture 1v4
Management 1 lecture 1v4
 
Chap1 Management Introduction
Chap1 Management IntroductionChap1 Management Introduction
Chap1 Management Introduction
 
Contemporary management theory
Contemporary management theoryContemporary management theory
Contemporary management theory
 
Chapter 7 : Career Module - Building Your Career
Chapter 7 : Career Module - Building Your CareerChapter 7 : Career Module - Building Your Career
Chapter 7 : Career Module - Building Your Career
 
Elearning
ElearningElearning
Elearning
 
Survey of 14 Principles Of Management followed by a company!
Survey of 14 Principles Of Management followed by a company!Survey of 14 Principles Of Management followed by a company!
Survey of 14 Principles Of Management followed by a company!
 
Managing Change
Managing ChangeManaging Change
Managing Change
 

Similar to MANAGEMENT SUMMARY CHAPTER 01.docx

Similar to MANAGEMENT SUMMARY CHAPTER 01.docx (20)

MANAGEMENT 01.docx
MANAGEMENT 01.docxMANAGEMENT 01.docx
MANAGEMENT 01.docx
 
Effective management for managers today
Effective management for managers todayEffective management for managers today
Effective management for managers today
 
Management Fundamentals.pptx
Management Fundamentals.pptxManagement Fundamentals.pptx
Management Fundamentals.pptx
 
My slide
My slideMy slide
My slide
 
Management Essays
Management EssaysManagement Essays
Management Essays
 
Module 3 Managerial Roles and Skills
Module 3 Managerial Roles and SkillsModule 3 Managerial Roles and Skills
Module 3 Managerial Roles and Skills
 
operation management
operation managementoperation management
operation management
 
Managers management ppt @ bec doms
Managers management ppt @ bec domsManagers management ppt @ bec doms
Managers management ppt @ bec doms
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Introduction to Management 3.0 : Presented by Ralph van Roosmalen
Introduction to Management 3.0 : Presented by Ralph van RoosmalenIntroduction to Management 3.0 : Presented by Ralph van Roosmalen
Introduction to Management 3.0 : Presented by Ralph van Roosmalen
 
Basic Concepts of Management
Basic Concepts of ManagementBasic Concepts of Management
Basic Concepts of Management
 
Who is manager.pptx
Who is manager.pptxWho is manager.pptx
Who is manager.pptx
 
Management skills explained
Management skills explainedManagement skills explained
Management skills explained
 
Functionroleandskillofamanager 130315082247-phpapp01
Functionroleandskillofamanager 130315082247-phpapp01Functionroleandskillofamanager 130315082247-phpapp01
Functionroleandskillofamanager 130315082247-phpapp01
 

More from Saminashafiq

Management History Module.docx
Management History Module.docxManagement History Module.docx
Management History Module.docxSaminashafiq
 
Management chapter 02.docx
Management chapter 02.docxManagement chapter 02.docx
Management chapter 02.docxSaminashafiq
 
Management chapter 03.docx
Management chapter 03.docxManagement chapter 03.docx
Management chapter 03.docxSaminashafiq
 
Management slide notes ch 02 decision mking.docx
Management slide notes ch 02 decision mking.docxManagement slide notes ch 02 decision mking.docx
Management slide notes ch 02 decision mking.docxSaminashafiq
 
Management History Module.docx
Management History Module.docxManagement History Module.docx
Management History Module.docxSaminashafiq
 
CH 03 MANAGEMENT.docx
CH 03 MANAGEMENT.docxCH 03 MANAGEMENT.docx
CH 03 MANAGEMENT.docxSaminashafiq
 
Management chapter 03.docx
Management chapter 03.docxManagement chapter 03.docx
Management chapter 03.docxSaminashafiq
 
Management chapter 02.docx
Management chapter 02.docxManagement chapter 02.docx
Management chapter 02.docxSaminashafiq
 

More from Saminashafiq (10)

Management History Module.docx
Management History Module.docxManagement History Module.docx
Management History Module.docx
 
Management.docx
Management.docxManagement.docx
Management.docx
 
Management chapter 02.docx
Management chapter 02.docxManagement chapter 02.docx
Management chapter 02.docx
 
Management chapter 03.docx
Management chapter 03.docxManagement chapter 03.docx
Management chapter 03.docx
 
Management slide notes ch 02 decision mking.docx
Management slide notes ch 02 decision mking.docxManagement slide notes ch 02 decision mking.docx
Management slide notes ch 02 decision mking.docx
 
Management History Module.docx
Management History Module.docxManagement History Module.docx
Management History Module.docx
 
Management.docx
Management.docxManagement.docx
Management.docx
 
CH 03 MANAGEMENT.docx
CH 03 MANAGEMENT.docxCH 03 MANAGEMENT.docx
CH 03 MANAGEMENT.docx
 
Management chapter 03.docx
Management chapter 03.docxManagement chapter 03.docx
Management chapter 03.docx
 
Management chapter 02.docx
Management chapter 02.docxManagement chapter 02.docx
Management chapter 02.docx
 

Recently uploaded

Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfDr Vijay Vishwakarma
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the ClassroomPooky Knightsmith
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxPooja Bhuva
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsKarakKing
 
Plant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxPlant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxUmeshTimilsina1
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxEsquimalt MFRC
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfPoh-Sun Goh
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxJisc
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxCeline George
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...Nguyen Thanh Tu Collection
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structuredhanjurrannsibayan2
 
How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17Celine George
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfSherif Taha
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfNirmal Dwivedi
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxPooja Bhuva
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Pooja Bhuva
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.christianmathematics
 

Recently uploaded (20)

Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
Fostering Friendships - Enhancing Social Bonds in the Classroom
Fostering Friendships - Enhancing Social Bonds  in the ClassroomFostering Friendships - Enhancing Social Bonds  in the Classroom
Fostering Friendships - Enhancing Social Bonds in the Classroom
 
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptxExploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
Exploring_the_Narrative_Style_of_Amitav_Ghoshs_Gun_Island.pptx
 
Salient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functionsSalient Features of India constitution especially power and functions
Salient Features of India constitution especially power and functions
 
Plant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxPlant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptx
 
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdf
 
Wellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptxWellbeing inclusion and digital dystopias.pptx
Wellbeing inclusion and digital dystopias.pptx
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17How to Add New Custom Addons Path in Odoo 17
How to Add New Custom Addons Path in Odoo 17
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
Food safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdfFood safety_Challenges food safety laboratories_.pdf
Food safety_Challenges food safety laboratories_.pdf
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 

MANAGEMENT SUMMARY CHAPTER 01.docx

  • 1. MANAGEMENT SUMMARY CHAPTER 01 1.1 Managers and where do they work? MANAGERS: Someone who coordinates and oversees the work of other people so organizational goals can be achieved. Coordinating the work of a departmental group or supervising. Where do managers work? Organization: A deliberate arrangement of people to accomplish specific purpose.
  • 2. 1.2 WHY MANAGERS ARE IMPORTANT? QUESTION NO 02: WHY ARE MANAGERS IMPORTANT TO ORGANIZATIONS, WHAT ARE THEIR KEY RESPONSIBILITES IN AN ORGANIZATION? 1. ORGANIZATIONS NEED THEIR MANAGERIAL SKILLS AND ABILITIES As organizations deal with today’s challenges as changing workforce dynamics, the worldwide economic climate, changing technology and ever increasing globalization hence they play an important role in identifying critical issues and crafting responses 2. MANAGERS ARE CRITICAL TO GETTING THINGS DONE These managers deal with all kinds of issues as the company’s myriad tasks are carried out. They create and coordinate the workplace environment and work systems so that others can perform those tasks. They find reasons and bring work and tasks on track back if there is an issue. 3. Matter Single most important variable in an employee productivity and loyalty isn’t pay/benefits or environment it’s the quality of relationship between employee and other direct supervisors
  • 3. And. study states that managerial ability was important in creating organizational value. Managers can provide leadership to their teams, providing a purpose and direction that employees can trust. They help employees reach their goals and handle the daily production and processes of a business. They also plan the next steps for managing projects and potential hires What are the five key responsibilities of a manager? At the most fundamental level, management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling 1.3 WHATDO MANAGERS DO? Q 01- What are 3 main roles performed by a manager?
  • 4. MANAGEMENT FUNCTIONS: At the most fundamental level, management is a discipline that consists of a set of five general functions: planning,organizing,staffing,leading and controlling Planning: Management function that involves setting goals establishing strategies for achieving those goals and developing plans to integrate and coordinate activities Organizing: Management function that involves arranging and structuring work to accomplish the organizational goals Leading: Management function that involves working with and going through people to accomplish organizational goals Controlling: Management function that involves monitoring, comparing and correcting work performance.
  • 5. MINTZBERG MANAGERIAL ROLES AND CONTEMPORARY MODEL OF MANAGING: QUESTION 03- INTRODUCTION: Henry Mintzberg, a well-known management researcher studied actual managers at work and concluded: Managerial Role: Refers to specific actions or behaviors expected or exhibited by the managers Managerial role that involves: Interpersonal roles: People and subordinates that are ceremonial and symbolic in nature Informational roles: collecting, receiving and disseminating information. Decisional roles: Revolves around making choices and decisions. Mintzberg proposed that manager activities included both reflection (thinking) and action (doing) CONCLUSION: Managers regardless of the type of organization and level in organization perform similar roles. However emphasis he gives changes according to his level . The classical functions provide clear and discrete methods of classifying the thousands of activities managers carry out and the technique they use in terms of the functions they perform for the achievement of goals, however his approach and additional model of managing do offer us other insights into managers work.
  • 6. Management Skills: UPS, company that understands importance of management skills Robert Katz proposed that managers need 3 critical skills in managing. Technical skills: Job-specific knowledge and techniques needed proficiently perform work tasks Interpersonal skills: Ability to work well with other people both individually and in group. Conceptual skills: Skills managers use to think and conceptualize about abstract and complex situations. Using these skills managers are able to understand relationships among various subunits and visualize how organization fits into broader environment. Managers then effectively direct employees work
  • 7.  FOCUS ON CUSTOMER  FOCUS ON SOCIAL MEDIA  FOCUS ON TECHNOLOGY  FOCUS ON INNOVATION  FOCUS ON SUSTAINAILITY  FOCUS ON EMPLOYEE COMPETITIVE EDGE COMPETITION OF FOOD, SERVICE AND CONCEPT FOCUS ON CUSTOMER: 2 Strategies – Create what is demanded or Market it in a way to make a demand of it FOCUS ON TECHNOLOGY: Better service (Updated room service) Food technology as food processing or order taking by robotic technology FOCUS ON SOCIAL MEDIA FOCUS ON INNOVATION: Business growth by marketing, Operations and HR by Training and development
  • 8. And surveys to make it even better FOCUS ON SUSTAINABILITY: Sustainability: To perform a task without any harm to the environment FOCUS ON EMPLOYEE: Customer oriented organization as balance between work and social life to achieve goals Employee focused as observe and identify their weak points for training sessions. “SATISFY THOSE WHO SATISY YOUR CUSTOMERS” INTRODUCTION: Management has long been associated with the five basic functions: planning, organizing, staffing, directing, and controlling. These default dimensions are sufficient when pursuing a fixed target in a stable landscape. But take away the stability of the landscape, and one needs to start thinking about the fluidity of the target. This is what’s happening today, and managers must move away from the friendly confines of these five tasks. To help organizations meet today’s challenges, managers must move from: directive to instructive, restrictive to expansive, exclusive to inclusive, repetitive to Mini Directive to instructive: When robots driven by artificial intelligence (AI) do more tasks like finish construction or help legal professionals more efficiently manage invoices, there will be no need for a supervisor to direct people doing such work. This is already happening in many industries — workers are being replaced with robots, especially for work that is more manual than mental, more repetitive than creative.
  • 9. What will be needed from managers is to think differently about the future in order to shape the impact AI will have on their industry. This means spending more time exploring the implications of AI, helping others extend their own frontiers of knowledge, and learning through experimentation to develop new practices. Learning, not knowledge, will power organizations into the future; and the central champion of learning should be the manager. Restrictive to expansive: Too many managers micromanage. They don’t delegate or let direct reports make decisions, and they needlessly monitor other people’s work. This tendency restricts employees’ ability to develop their thinking and decision making — exactly what is needed to help organizations remain competitive. Managers today need to draw out everyone’s best thinking. This means encouraging people to learn about competitors old and new, and to think about the ways in which the marketplace is unfolding. Exclusive to inclusive: Too many managers believe they are smart enough to make all the decisions without the aid of anyone else. To them, the proverbial buck always stops at their desks. Yet, it has been our experience that when facing new situations, the best managers create leadership circles, or groups of peers from across the firm, to gain more perspective about problems and solutions. Managers need to be bringing a diverse set of thinking styles to bear on the challenges they face. Truly breakaway thinking gets its spark from the playful experimentation of many people exchanging their views, integrating their experiences, and imagining different futures. Repetitive to innovative: Managers often encourage predictability — they want things nailed down, systems in place, and existing performance measures high. That way, the operation can be fully justifiable, one that runs the same way year in and out. The problem with this mode is it leads managers to focus only on what they know — on perpetuating the status quo — at the expense of what is possible. Organizations need managers to think much more about innovating beyond the status quo – and not just in the face of challenges. Idris Mootee, CEO of Idea Couture Inc., could not have said it better: “When a company is expanding, when a manager starts saying ‘our firm is doing great’, or when a business is featured on the cover of a
  • 10. national magazine – that’s when it’s time to start thinking. When companies are under the gun and things are falling apart, it is not hard to find compelling reasons to change. Companies need to learn that their successes should not distract them from innovation. The best time to innovate is all the time.” Problem solver to challenger: Solving problems is never a substitute for growing a business. Many managers have told us that their number one job is “putting out fires,” fixing the problems that have naturally arisen from operating the business. We don’t think that should be the only job of today’s manager. Rather, the role calls for finding better ways to operate the firm — by challenging people to discover new and better ways to grow, and by reimagining the best of what’s been done before. This requires practicing more reflection — to understand what challenges to pursue, and how one tends to think about and respond to those challenges. Employer to entrepreneur: Many jobs devolve into trying to please one’s supervisor. The emphasis on customers, competitors, innovations, marketplace trends, and organizational performance morphs too easily into what the manager wants done today — and how he or she wants it done. Anyone who has worked for “a boss” probably knows the feeling. The job of a manager must be permanently recast from an employer to an entrepreneur. Being entrepreneurial is a mode of thinking, one that can help us see things we normally overlook and do things we normally avoid. Thinking like an entrepreneur simply means to expand your perception and increase your action — both of which are important for finding new gateways for development. And this would make organizations more future facing — more vibrant, alert, playful — and open to the perpetual novelty it brings
  • 11. .