Introduction to principles of management Ch.01 Introduction to principles of management
Introduction
Management = art of getting things done through the efforts of other people
Principles of management = means by which you actually manage others to accomplish a goal (individuals, groups, or the organization) Ch.01 Introduction to principles of management
Who are managers?
Traditional vision of management role and contemporary vision
Empowerment
A
B
F
A
-General manager
-Top managers
-Middle managers
-Functional managers
-Supervisory or team managers
B
F
C
D
Ch.01 Introduction to principles of management
Who are managers?
Interpersonal
Figurehead
Leader
Liaison
Informational
Monitor
Disseminator
Spokesperson
Decisional
Entrepreneur
Disturbance holder
Resource allocator
Negotiator
Ch.01 Introduction to principles of management
Leadership, entrepreneurship, and strategy
Leadership = influence actions of others toward a goal
Entrepreneurship = recognition of opportunities and creation of resources to implement innovative ideas for new ventures
Strategy = long term vision, goals and objectives, rolled up into a coherent plan of actions; central, integrated, externally-oriented concept of how an organization will achieve its objectives
Ch.01 Introduction to principles of management
PLOC
Four major functions of management
Planning
Vision and mission
Strategizing
Goals and objectives Leading
Leadership
Decision making
Communication
Groups/teams
Motivation
Planning
Environmental scanning
Strategic planning
Tactical planning
Operational planning
Leading
Organizing
Organization design
Culture
Social networks
Controlling
Systems