"Sharing is Caring"
Greatly appreciated to our professor for giving opportunitys to our young milleniels to learn all these insightful knowledge and experiences.
Credit to: Prof. Dr. Aung Tun Thet.
9. Definition
Process
Planning, organizing, actuating and controlling
Determine and accomplish objectives
Use of people and resources
10. Definition
“Process“: systematic way of doing things
Four management activities:
1. Planning
2. Organizing
3. Actuating
4. Controlling
11. Definition
Planning: thinking of actions in advance
Organizing: coordination of human and
material resources
Actuating: motivation and direction of
subordinates
Controlling: no deviation from norm or plan
13. Definitions
“… art of knowing what is to be done and
seeing that it is done in the best possible
manner." (planning and controlling)
“… forecast, plan, organize, command,
coordinate and control activities of others."
14. Definitions
“… process by which co-operative group
directs actions towards common goals."
“… process by which managers create, direct,
maintain and operate purposive organisation
through systematic, coordinated and
cooperative human efforts."
15. Definitions
“… coordination of all resources through
process of planning, organising, directing and
controlling to attain stated goals."
“… social and technical process that utilises
resources, influences human action and
facilitates changes to accomplish
organization's goals."
16. Definitions
“… process of working with and through others
to achieve organizational objectives in a
changing environment
… effective and efficient use of limited
resources."
20. Art
Personality
Ability
Certain people more predisposed to be
effective managers
Some people not capable of being effective
practicing managers
21. Management Science or Art?
No tailor-made answer
Need to know exact meaning of words
'science' or 'art'
Application to management
22. Management: Art or Science?
Both
Certain aspects make it science
Others involve application of skills make it art
23. Management: Art or Science?
Every discipline of art backed by science -
basic knowledge
Every discipline of science complete only when
used in practice for solving problems
24. Management: Art or Science?
“Science" - "why"
“Art" - "how"
"In the area of management,
science and art are two sides of the same coin".
25. Management: Art or Science?
In beginning of development of management
knowledge considered art
Jungle of management knowledge
Get things done in own way
Codifying and systemizing became science as
well as art
27. Management as Art
Gains experience by continuous application of
knowledge and facing new experiences
Develop more skills and abilities for translating
knowledge into practice
28. Management as Art
Application calls for innovativeness and
creativity
Theoretical knowledge inadequate or irrelevant
29. Management as Art
Knowing how to accomplish desired results
Body of knowledge management uses to
accomplish desired results
30. Management as Art
Scientific principles and theories cannot be
implemented in actual managerial situations
Rely on social and political environment
Use own knowledge of situation, rather than
generic rules
31. Management as Art
Mangers engaged in very fragmented work
Constant interruptions
Rare opportunities to quietly consider
managerial issues
32. Management as Art
Challenging notion that managers behaved
rationally and methodically
Use social and political skills to solve problems
33. Management as Art
Management more than mastery of techniques
and skills
Managers understand individuals and
motivations
Help achieve goals
34. Management as Art
Combining management and leadership
Not only getting work done
Understanding meaning behind work
Manager as motivator and facilitator
Manager as artist: respond differently to each
employee and situation
35. Management as Art
Management "liberal art"
Fundamentals of knowledge, wisdom, and
leadership
Concerned with practice and application
Scientific "facts" do not remain stable over time
36. Management as Science
Principles, generalizations and concepts
systematically developed
Manager manage situation or organization in
systematic and scientific manner
37. Management as Science
Principles, generalizations and concepts
formulated on basis of
Observation, research, analysis and
experimentation
38. Management as Science
Relationship of cause and effect
Principles codified and systematic, transferred
and taught
Principles universally applicable to all types of
organizations
39. Management as Science
Ideal managerial practices
Rational and objective way to determine
correct course of action
Manager follow general principles and theories
Creating and testing hypotheses
40. Management as Science
Scientific management: "one best way" to
perform jobs
Processes to evaluate and organize work
Reducing inefficiencies
Understanding psychology of workers
42. Profession
Body of specialized knowledge
Systemized and codified form learned through
formal education system
Central body formulate code of behaviour for
members
43. Profession
Competent and specialized services to clients
Maintain scientific attitude and commitment for
discovering new ideas and upgrading
44. Profession
Members exercise restraint and self-discipline
Managers not respected as other professionals -
doctors, advocates and chartered accountants
46. Professionalization of Management
In public companies ownership separated from
management and control - contributed to
development of management as profession
Rapid expansion and growth of management
universities and institutions
47. Professionalization of Management
High-tech industrial society changes occurred
in role of managers
Globalization require professional expertise and
specialized knowledge
48. Professionalization of Management
Increased utilization of specialized
management services (e.g. consultancy,
human resource development, etc.)
50. Managers like Leaders are Made
Not born
Good news
Brain science (neuroscience), developmental
and social psychology, and learning
51. Why?
Mindset matters more than Intelligence
Genetic lottery vs versatile and growing Brain
Mindset affects Workplace
52. Training Ineffective
Managers don’t believe person can change
Growth Mindset managers learn and help
others learn
Mindsets Continuum
53. Yes, Your Managers Can Change!
Adopting a Growth Mindset Culture
Use Feedforward, Not Feedback
Language Makes a Difference – Including How You Respond or Praise
54. Companies who cannot afford to
recruit cream of crop
Human talent cutting edge competitive tool
Grow your own talent
Intelligence overrated
What matters - mindset and commitment to
effort
59. Managing People
More art than science
No secret formula or set of rules
Personal style
Relentless commitment
60. Managing People
Replace “manager” with “leader”
Sense of humour
Direct reports people
Know strengths and weakness
Clear plan of what needs to be done
Hire slowly and fire quickly
Decisive
61. Managing People
Communicate expectations
Understanding things you can change and things you cannot
Different things motivate different people
Maintain confidence
Consistent
Flexible
Focus on solutions and not on problems
62. 10 Life Principles
1. Find out who you are
2. Reposition yourself for full
effectiveness and fulfilment
3. Find your essential core
4. Make your life your end
game
5. Too much planning doesn’t
work
1. Know your values
7. Define what finishing well
means to you
8. Know the difference between
harvesting and planting
9. Good intentions not enough;
define results you want
10. “No longer learning, no longer
growing”