Lecture 1 - The Management Process and the Changing Paradigm of Management - January 2012
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Transcript of Lecture 1 - The Management Process and the Changing Paradigm of Management - January 2012
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1
MAN1006: Introduction to Management(Groups~BBA1)
Lecture 1 The Management Process and the Changing
Paradigm of Management
Lecturer: Oswy GayleMonday January 16 Saturday January 21, 2012
University of Technology, JamaicaSchool of Business Administration
Meet the Lecturer
Name: Prince Oswy Gayle Office Location:CEEC Building~ Computing and Engineering Extension Centre
(2nd Floor)
Email: [email protected]: 970-5527 Extension: 2527
Students Consultancy Times:Tuesdays (12:30 1:30 p.m.)Saturdays (11:30 12:30 p.m.)
Module Introduction
Introduction to Management
This module is designed to expose students to the;
principles of management
role of managers in organizations
new concepts and principles in management andillustrate how management skills are used inreal life organizations
situational analyses to identify appropriate
actions to help achieve organizational goals andobjectives.
Organisation of the Module
3 Hours per week 1 Hour Lecture and 2 Hours Tutorial
Lets Go Through the Module Outline
What about the Module Assessment?
Module Resources
ASSESSMENT
PROCEDURES
Coursework:
1. Article Review 5%
2. Module Test #1 20%
3. Module Test #2 20%4. Class Participation 5%
Total Coursework 50%
Final Examination 50%
Total 100%
Expectations of students in
this module Attend Classes
Be on time for the lectures
Participate in lectures if you come to these
sessions you must participate
No sleeping in this class
No using of cell phones during lecture
I find it offensive if you constantly walk in
and out of the class please limit the
frequency with which you must interrupt the
class.
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What if I want to fail this module? Do not attend the lectures and tutorials
Do not hand-in the article review
Do not participate in the classes
Do not attend the tests
Show up for the exam a day later
Simply do not care about anything
Have a party every day
Do not waste your time studying
How do I study this module and
do well? Know your lecturer and tutor; at least their names
Attend the lectures and tutorials
Hand-in the article review (5%)
Participate in the class (5%)
Do the required reading (read widely)
Attend the tests
Show up for the tests and final examination early
Enjoy the process
Form an excellent group and study together
Lecture 1
The Management Process
and the Changing
Paradigm of Management
1. Explain the Changing Dynamics of Organizations
2. Explain the importance of Management
3. What is management? What do managers do?
4. Define Efficiency and Effectiveness
5. Explain the Functions of Management
6. Define the ten (10) Roles of managers
7. Managerial Competencies needed to deal with
todays turbulent environment
8. Describe the Management Types9. A look at Management and the New Workplace
L E A R N I N G O B J E C T I V E S
Why Study Management?
Management is a universalconcept. We refer to this
phenomenon as the universalityof management.
Are you happy when you request a cheque and get itin 5 minutes (At JMMB).
Are you happy when you request a credit card onlineand you get a call 8:30 a.m. the next day about it(FCIB).
Why Study Management? Contd
Are you irritated when non of thecustomer service representatives seemsinterested to help you?
Do you get annoyed when you have to wait inline for two hours for a simply issue that
should not take more than 10 minutes?
Are you concerned that you send in a jobapplication form to a company and you never get areply.
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Why Study Management? Contd
Theses are all examples of problems
created by poor management
Organizations that are wellmanaged develop a loyal customerbase, grow, and prosper
Why Study Management? Contd
We will be able to;
recognize poor management and developaction plans to get it corrected
recognize good management andencourage and reward it
be in a better position to effect change inthe overall efficiency of any organization.
Management is simply the most
important field in life as we must manage
everything
Since management is universallyneeded in all organizations,
We all have a vested interest in
improving the way organizations aremanaged
Management is simply the most
important field in life as we must manage
everything
Since management is universallyneeded in all organizations,
We all have a vested interest inimproving the way organizations aremanaged
Context
Management can be a simply process aswell as it can be complex depending onthe size of the company.
It involves several process, functions,skills and roles in order to be effective andefficient in any project/activity/job orbusiness.
Businesses all satisfy economic needs by
offering goods and services to the publicat a premium
Context
The extent to which managers
achieve results is dependent uponothers work performance so as toadapt to their environments; thisultimately determines their level ofsuccess in a changing world.
The Changing Dynamics of Organizations
Organizations of Yesterday
The main issue here is that there are severalparadigm shifts taking place, which needsto be managed as it alters the landscape ofhow we do things, say things, interface witheach other and most importantly ourrelationships.
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Pace of businesses continues toaccelerate and Change is a major
source ofbusiness risk
How are organizations changing?
The Changing Dynamics of Organizations
Todays Organizations
Driving Forces1. Telecommunications
2. Diversity of Workers
3. Public consciousness
4. Global marketplace
5. Community of stakeholders
6. The pace of knowledge
Driving Forces1. Telecommunications
2. Diversity of Workers
3. Public consciousness
4. Global marketplace
5. Community of stakeholders
6. The pace of knowledge
Driving Forces (contd)Driving Forces (contd)1. Telecommunications is the transmission of
information, over significant distances, for the
purpose of communication
2. Information Technology - the acquisition,
processing, storage and dissemination of vocal,
pictorial, textual and numerical information by a
microelectronics-based combination of computing
and telecommunications
3. Ever-advancing Technology has shrunk the worldat the same time the digital divide continues
Driving Forces (contd)Driving Forces (contd)
1.1 LIME Goes Mobile TV in
December 2010
1.2 Cell Phones usage (Digicels 4G&
plans for 5G, 6G)
1.3 Flow on demand
1.4 telecommunication has helped to
share modern miro and macro
economies, social
1.5 3D
Driving Forces (contd)Driving Forces (contd)
2. Increasing diversity of workers hasbrought in a wide array of differing values,
perspectives, and expectations among
workers
2.1 38% of Doctors in America are Indians
2.2 12% of Scientists in America are Indians
2.3 28% of IBM Employees are Indians
2.3 More persons with disability are working
Driving Forces (contd)Driving Forces (contd)2. Increasing diversity
2.4 Women are becoming more dominant in
the workplace (leadership as well)
2.5 Gays, lesbians and older workers also
represent critical workforce resources
and potential markets for today's
companies.
2.6 More persons are entering universities
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Driving Forces (contd)Driving Forces (contd)
3. Public consciousness
3.1 People have become much more sensitive and
demanding that organizations be more socially
responsible
3.2 More and more NGOs (JFJ etc.)
3.3 The last Jamaican Election, more young
Jamaicans voted than any other time
3.3 More people speaking out on issues that
were not traditional spoken of
Driving Forces (contd)Driving Forces (contd)4. Global Marketplace
4.1 Companies are striving to remain competitive inthe face of increasingly tough global competition
4.2 Some developing countries have joined the global
marketplace, creating a wider arena for sales and
services
4.3 China, India, Brazil are now a force to be
reckoned with
Driving Forces (contd)Driving Forces (contd)4. Global Marketplace
4.4 China is now second largest economy in
the world. Japan has lost its second place.
4.5 Globalization impacts the world in more ways
4.6 So for example, a farmer in St. Elizabeth (JA)
might be competing with a farmer in the USA &
EU whether he/she knows it or not
Driving Forces (contd)Driving Forces (contd)
5. Community of Stakeholders
5.1 Organizations are responsible to stockholders, andmust focus on building relationships with employees,
customers, partners, and suppliers
5.2 Gone are the days when customers lend money and
have no say in how their monies are invested.
5.3 Stakeholders are becoming more and more engaging in
the running of organizations.
5.4 The issues of polities, ethics and governance arebecoming increasingly important to businesses as
stakeholders demand more in various forms
6. The pace of knowledge
6.1 Much of the worlds scientists that haveever lived are currently alive
6.2 Knowledge is expanding knowledge
6.3 The difference amongst some companiesis how much knowledge it has (intellectualcapital, knowledge of the market and knowledgemanagement)
6.4 There is now greater need for the application ofmathematics, science, research and statistics in theway we do business
Driving Forces (contd)Driving Forces (contd)
2. Explain the nature and
importance of Management
L E A R N I N G O B J E C T I V E S
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Nature of ManagementNature of Management
It is largely about coping with diverse, far-
reaching challenges and maintaining order
(How do we manage in the following contexts?)
Individually
Locally
Regionally - CSME/CARICOM EPA (Economic Partnership Agreement)
IMF - JA Government passing two quarters of
the IMF test. Not able to negotiate with its
constituencies
It requires a Shift in Mindsets to Navigate Turbulence
Shift in Mindsets to Navigate
Turbulence
Shift in Mindsets to Navigate
Turbulence
Managers are asked to...
Do more with less (e.g - JA Governmentcuts UTechs and UWIs Budget)
Engage the whole employee
See change rather than stability as
natural
Create vision and cultural values
Encourage collaborative workplaces
How do we make the difference?How do we make the difference?
Requires integrating...
Tried and true management skills
+
New approaches that emphasize
Human touch
Enhance flexibility
Involve employees hearts,
minds, and bodies
Management In the News
New Pepsi more popular than Pepsi
Where is Management in
all of this?
Management In the News
GM considering selling cars onlinevia eBay to cut costs
Indian firms are losing productivitybecause office staff spend too long onsocial networking sites, a survey says.
(BBC World Business, Jan 18, 2010)
So what are we saying?So what are we saying?
Successful organizations
dont just happen...
.they are
managed to be that way!
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Questions
1. What is Management?2. Why is it so important?
3. And what do managers
do?
What is Management?What is Management?
1. The attainment oforganizational
goals in an effective and efficientmanner through Four functions
- planning,
- organizing,
- leading, and
- controlling organizational resources.
2. The process of tying the organization together so
that it achieves its goals and objectives.
What is Management? (contd)What is Management? (contd)
3. Management is the process ofcreating anenvironment through which order,
efficiency, and effectiveness are achieved
through appropriate planning, leadership,
organizing and controlling so as to
accomplish organizational goals and
respond to its changing environments.(Gayle, 2009)
Where does Management happens?
Every
where
Personal Life
Churches, Associations,
Entrepreneurs
Small Organizations
LargeOrganizations
The Importance of Management ???-
Organizational Performance
Organization - social entity that is goal directedand deliberately structured
Effectiveness - degree to which an organizationachieves a stated goal
Efficiency - use of minimal resources (rawmaterials, money, and people) to produce the desiredvolume of output
Performance organizations ability to attain itsgoals by using resources in an efficient and effectivemanner
The Importance of Management ???-
Organizational Performance
It all about the
bottom-line.
Thus, the field of managementwill always be relevant
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What Managers Do?What Managers Do?
Managerial Activities
Make decisions
Allocate resources
Direct activities of others toattain goals
Managerial Activities
Make decisions
Allocate resources
Direct activities of others toattain goals
Managers (or administrators)
Individuals who achieve goals through other people.
The Functions of Management
Planning
Leading
Resources
Controlling Organizing
Performance
Human
Financial
Raw Materials
Technological
Information
Attain goals
Products
Services
Efficiency
Effectiveness
Use influence tomotivate employees
Select goals andways to attain
them
Assign responsibilityfor task
accomplishment
Monitor activitiesand make
corrections
InputProcess
Output
Where Managers Work?Where Managers Work?
Organization
A consciously coordinated social unit,composed of two or more people, thatfunctions on a relatively continuousbasis to achieve a common goal or setof goals.
Management FunctionsManagement Functions
Planning
A process that includes defining goals,establishing strategy, and developingplans to coordinate activities.
Organizing
Determining what tasks are to be done, whois to do them, how the tasks are to be
grouped, who reports to whom, and wheredecisions are to be made.
Management Functions (contd)Management Functions (contd)
Leading
A function that includes motivating employees,directing others, selecting the most effective
communication channels, and resolvingconflicts.
Controlling
Monitoring activities to ensure they are beingaccomplished as planned and correcting anysignificant deviations.
Mintzbergs Managerial RolesMintzbergs Managerial Roles
Source:Adapted from The Nature of Managerial Work by H. Mintzberg. Copyright 1973by H. Mintzberg. Reprinted by permission of Pearson Education.
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Mintzbergs Managerial Roles (contd)Mintzbergs Managerial Roles (contd) Mintzbergs Managerial Roles (contd)Mintzbergs Managerial Roles (contd)
Management Skills
Complex
Multidimensional
And Range of skills
A Managers Job is
Management SkillsManagement Skills
1. Human skills
The ability to work with, understand, andmotivate other people, both individually and ingroups.
So we are talking about how you relate to people
Motivating people
Organization sometimes lose critical staff because
front-line mangers mismanage the relationships
Management SkillsManagement Skills
2. Conceptual Skills
- The mental ability to analyze and diagnosecomplex situations.
- Cognitive ability to see the organization as a
whole and the relationships among its parts
How does one department fits with the other?
What plans are to be put in place?
Management SkillsManagement Skills
3. Technical skills
The ability to apply specialized knowledge orexpertise.
The mastery of methods
Able to apply statistics to solve problems
Quantitative analysis
acquiring, learning and understandingspecialized knowledge
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Management Types - VerticalManagement Levels in the Organizational Hierarchy
Exhibit 1.3, p. 13
Managing in Small Businesses and
Nonprofit Organizations
Role Differences
Source of Financial Resources
Unconventional Bottomline
Management and the New
Workplace
Characteristics Resources = Bits--information
Work = Flexible, virtual
Workers = Empowered employees, freeagents
Forces on Organizations Technology = Digital, e-business
Markets = Global, including internet
Workforce = Diverse
Values = Change, speed
Events = Turbulent, more frequent crises
ManagementCompetencies
Leadership = Dispersed, empowering
Focus = Connection to customers,employees
Doing Work = By teams
Relationships = Collaboration
Design = Experimentation, learningorganization
Management and the New
Workplace
Forces on organizations
New Management Competencies
Dispersed leadership
Empowering others
Collaborative relationships
Team-building skills
Learning organization
Managing During Turbulent
Times
A manager should;
Stay Calm Be Visible
Put People Before Business
Tell the Truth
Know When to Get Back to Business
The Jamaican
Context
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Management In Jamaica: Our
Perspective
We have come a far way in terms of
management in Jamaica
We are excellent in adopting the latest technology toapply to business
Believe it or not, we are on par with most developedcountry in terms of basis telecommunicationtechnologies
Management In Jamaica: Our
Perspective
Customer Service is poor in several instances
Management (a manager) is seen as a status ratherthan a platform to make a change
Our culture generally has low standards
Generally Jamaican companies are growing but itdoes not translate into national development. Why?
Government Bureaucracy impacts businessdevelopment
Management In Jamaica: Our
Perspective
We do not understand our own systems
No clarity on what we value; our policiessometimes are outdated and do not fit thecurrent environment
In terns of planning and leading - average
controlling and organizing ~ above-average
Productivity - low
Jamaicas Productivity Levels
Jamaica Productivity Centre
Jamaica Productivity Report 1972-2007 -Workers producing less nationwide
output per worker, has declined, onaverage, by 1.3 per cent per annum between1972 and 2007
This means the average worker in Jamaicahas been producing less, each year, over the
period.
Jamaicas Productivity Levels
The New Jamaican Thrust ofEntrepreneurship
A Hustler,an Entrepreneur, an Organization
Jamaica has major challenges with its smallcompanies and entrepreneurs in managing theircompanies.
Such as managing the money, the sales, marketing,branding etc.
Rap up
Management is a universal concept.We refer to this phenomenon as theuniversality of management.
We study management so we can helprecognize poor management and developcorrect is and recognize good managementand encourage and reward it.
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Rap up
There are driving forces in and
outside the organizations which areforcing it to manage moreeffectively
Successful organizations dontjust happen... they are managedto be that way!
Although Jamaica has come a far way
in terms of management, we still havea far way to go with the following;
Productivity levels overall
Small business management
Too many hustlers not consideringthemselves to be entrepreneurs
increasing our standards
Rap up
There are four main functions ofmanagement
Managers make decision and therefore
need several skills to be able to dotheir roles at all levels of theorganizational hierarchy.
As our environment changes, so too
the nature of Management whichultimately creates a New Workplace
Rap up
Have The Best Day Ever.