Topic 1 Manager Mgmt (1)

download Topic 1 Manager Mgmt (1)

of 34

Transcript of Topic 1 Manager Mgmt (1)

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    1/34

    1Topic

    Managers

    andManagement

    Copyright 2013 Pearson Education 1-1

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    2/34

    Learning Outcome

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-2

    Tellwhomanagers are and where they work

    Define management

    Describewhat managers do Explainwhy its importantto study

    management

    Describethe factorsthat are reshaping andredefining management

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    3/34

    Copyright 2013 Pearson Education 1-3

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    4/34

    Who Are Managers?

    Where Do They Work?

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-4

    Organization

    A deliberate arrangement of people brought

    togetherto accomplish a specific purpose.

    Common Characteristics of Organizations

    1. Goals- Distinct purpose

    2. Peopleworking together (Social entity)

    3. structure

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    5/34

    1-5Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

    Value

    -s/holders

    -customers

    Innovations

    Mtn. integrity

    people

    To defines & limits

    Behaviorof members

    -structure

    -rules & regulationsDecision &

    activities

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    6/34

    How Are Managers Different from

    Nonmanagerial Employees?

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-6

    Nonmanagerial Employees

    People who work directly on a job or taskand

    have no responsibility for overseeing the work of

    others. Eg- associates, team members, accounts officer, IT

    specialist, purchasing clerk..

    Managers Individuals in organizations who direct the

    activities of others.

    Eg. Manager - production, purchasing, a/c.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    7/341-7Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    8/34

    WhatTitles Do Managers Have?

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-8

    Top Managers Responsible - directionof the organization.

    Establishing policies & philosophies

    Eg. President, CEO, VP

    Middle Managers

    Manage the activities of other managers.

    Translate the goals set by top managers into specific detailthat lower managers can get things done.

    Eg. District Manager, Division Manager First-line Managers

    directing nonmanagerial employees (day to day activities)

    Eg. Supervisor, Team Leader

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    9/34Copyright 2013 Pearson Education 1-9

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    10/34

    What is Management?

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-10

    Management The processof getting things done effectivelyand

    efficiently, with and through people

    Effectiveness Doing the right things, doing those tasks that

    help an organization reach its goals (ends)

    Efficiency Concerned with the means, efficient use of

    resourceslike people, money, and equipment

    Most output with leastinput - cost (means)

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    11/341-11

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    12/34

    The Process of Management

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    13/34Copyright 2013 Pearson Education 1-13

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    14/34

    What Do Managers Do?

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-14

    In the functions approach proposed by Henri

    Fayol, all mangers perform five management

    activities:

    Plan

    Organize

    Command

    Coordinate

    Control

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    15/34

    Four Management Functions

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-15

    Planning Defining the organizational purpose (goals) and ways

    (strategy & plan)to achieve it

    Organizing Arranging and structuring workto accomplish

    organizational goals (what? How ? Who?) Leading

    Directing the work activities of others Direct, coordinate, motivatingcommunication

    channel Influencingchange behavior.

    Controlling Monitoring, comparing-std, and correctingwork

    performance (cost, quality, service..)

    Resolve conflicts

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    16/34

    What Roles Do Managers Play?

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-16

    Henry Mintzberg (60s)observed that a managers jobcan be described by ten rolesperformed bymanagers in three general categories.

    Interpersonal Roles Figurehead, Leader, and Liaison

    Informational Roles

    Monitor, Disseminatorand Spokesperson Decisional roles

    Entrepreneur, Disturbance Handler, ResourceAllocatorand Negotiator

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    17/34

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.17

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    18/34

    (i) Interpersonal Roles

    Copyright 2009 Pearson Education, Inc.

    Publishing as Prentice Hall.1-18

    Interpersonal rolesrefer to relationshipswithothers and are related to human skills.

    The figurehead role- handling of ceremonial and

    symbolic functionsfor the organization (signingmou).

    The leader role-the relationship with

    subordinates including motivation,communication, and influence.

    The liaison role- the development of information

    sources both inside and outsidethe organizations.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    19/34

    (ii) Informational Roles

    Informational rolesinclude the functions used to

    maintain and developan information network.

    monitor role- seeking current information from

    many sources (written mat.& peoples).

    disseminator role -the manager transmitsinformation to others-inside and outsidethe orgn

    spokesperson role- making official statementsto people outsidethe organization about company

    policies, actions, or plans.

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    20/34

    (iii) Decisional Roles

    Decisional rolescome into play when managers must

    make choices. These roles often require bothconceptual and human skills.

    The entrepreneur role- initiation of change.Managers seek ways to solve problemsor improveoperations.

    The disturbance handler role- resolving conflictamong subordinates, between managers, orbetween departments.

    The resource allocator role- allocating resources

    in order to attain desired outcomes. (get $,budget)

    The negotiator role- involves formal negotiationsand bargainingto attain outcomes for themanagers unit of responsibility. Union, other dept., supplier

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

    Exhibit 1 5: Ten Managerial Roles

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    21/34

    Exhibit 1.5: Ten Managerial Roles

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    22/34

    What SkillsDo Managers Need?

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.1-22

    Robert Katz and others describe four critical skills in

    managing

    Conceptual Skills

    Used to analyze & diagnosecomplex situations (fit)-SWOT

    Interpersonal Skills

    Used to communicate, motivate, mentorand delegate

    Technical Skills

    Based on specialized knowledgerequired for work

    Political Skills

    Used to build a powerbase and establish connectionsGetting resources

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    23/34

    Is The Managers Job Universal?

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.1-23

    Managers job varieswith along several dimensions

    Level in the Organization

    Top levelmanagers do more planning, designingoverall orgn. structure whereas lower level

    managers focus on designing jobs for individual &

    work groups.

    Profit vs. Nonprofit

    Management performance is measured on

    different objectives

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    24/34

    Is the Managers Job Universal? (contd)

    1-24

    Size of the Organization Small buss -emphasis in the

    management role of spokesperson

    Eg .Meeting cust., bankers, searching

    new opp., & stimulating change- Large orgnInt. resourceallocation to buss. unit focus.

    National Borders (transferable?)

    These concepts work best inEnglish-speaking countries andmay need to be modified in otherglobal environments

    Generalist daily actLess formal structure

    Direct control-obs->obj.

    Small business managers

    spend much of their time

    in entrepreneurial activities

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    25/34

    1-25Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

    P- OO - LO L

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    26/34

    1-26Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    27/34

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    28/34

    Why Study Management?

    Copyright 2011 Pearson Education, Inc.

    Publishing as Prentice Hall.1-28

    We all benefits from efficiently and effectivelyrun business.

    Well managed organization prosper even inchallenging economic times.

    After graduation most students become

    managersor are managed (career)

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    29/34

    Copyright 2013 Pearson Education 1-29

    What Factors Are Reshaping and

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    30/34

    What Factors Are Reshaping and

    Redefining Management?

    Copyright 2013 Pearson Education 1-30

    Today, managers must deal with:

    Changing workplaces

    flexi. Work/virtualflexi structure

    diverseworkforcerecruitment policy

    teamvs individual

    empoweringvs autocratic

    Ethical and trust issues

    Global economic uncertainties

    Changing technologiesdigital

    Trader Joes success

    results from

    outstanding

    customer service.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    31/34

    How Do Organizations Make the

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    32/34

    How Do Organizations Make the

    Customer King?

    Copyright 2013 Pearson Education 1-32

    Stew Leonard, CEO of the largest dairy business with stores

    in southern Connecticut and in New York, says it only has

    two rules in his business. Rule 1the customer is always right.

    Rule 2if the customer is ever wrong, reread Rule 1

    Managers are being influenced by the Stew Leonards of the

    world. Long-term success can be achieved only by satisfying the customer.

    Customers have more choices than ever before, and are therefore

    more difficult to please.

    Customers are demanding quicker service, higher quality, and more

    value for their money.

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    33/34

    Why Is Innovation Important?

    Copyright 2013 Pearson Education 1-33

    Nothing is more risky than not

    innovating.

    Innovation isnt only important

    for high technology companies;it is essential in all types of

    organizations.

    Doing things differently

    (product, process, service)

    Exploring new territory

    Taking risks

  • 8/14/2019 Topic 1 Manager Mgmt (1)

    34/34

    Summary

    Managers and Management :

    Who are managers and where do they work?

    What is management?

    What do managers do?

    Why study management?

    What factors are reshaping and redefiningmanagement?