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Ensure the co-ordination of individual efforts. It the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims.
MANAGEMENT
As Managers, people carry out the managerial functions of planning, organizing, staffing, leading and controlling. Management applies to any kind of organization. It applies to managers at all organization levels. The aim of all managers is the same: to create a surplus. Managing is concerned with productivity, which implies effectiveness and efficiency.
MANAGEMENT
Managers cannot perform their tasks well unless they have an understanding of and are responsive to, the many elements of external environment- economic, technological, social, political and ethical factors. All managers carry out managerial functions. However, the time spent for each function may differ. Top level managers spend more time on planning and organizing than do lower-level managers. Leading, on the other hand, takes a great deal of time for first line supervisors.
The aim of all managers should be to create a surplus. Thus, managers must establish an environment in which people can accomplish group goals with the least amount of time, money, materials, and personal dissatisfaction
To be successful in the 21st Century, companies must take advantage of the new information technology - especially the Internet - and globalization E-Commerce and M-Commerce are very important.
Definition of Productivity
Productivity is the output-input ratio within a time period with due consideration for quality Productivity implies effectiveness and efficiency in individual and organizational performance Effectiveness is the achievement of objectives Efficiency is the achievement of the ends with the least amount of resources (time, money, etc.)
Management is both art and science. It is the art of making people more effective than they would have been without you. The science is in how you do that.
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Authority and responsibility. Authority and responsibility are related, with the latter arising from the former. Unity of Command. Employees should receive orders from one superior only Scalar Chain. Scalar chain refers to the number of levels in the hierarchy from the ultimate authority to the lowest level in the organization. It should not be over-stretched and consist of too-many levels Esprit de Corps. This is the principle that "in union there is strength" emphasizing the need for teamwork.
In general, improvement in productivity was due to such social factors as morale, satisfactory interrelationships between members of a work group (a "sense of belonging"), and effective management--a kind of managing that would understand human behavior, especially group behavior, and serve it through such interpersonal skills as motivating, counseling, leading, and communicating
the empirical, or case, approach, the managerial roles approach, the contingency, or situational, approach, the mathematical, or "management science," approach, (5) the decision theory approach, (6) the reengineering approach, (7) the systems approach,
PATTERNS OF MANAGEMENT ANALYSIS: -- continued (8) the sociotechnical systems approach, (9) the cooperative social systems approach, (10) the group behavior approach, (11) the interpersonal behavior approach, (12) McKinsey's 7-S framework, (13) the total quality management approach, (14) the management process, or operational, approach.
3 Interpersonal roles Figurehead, leader, liaison. 3 Informational roles Recipient, disseminator, spokesperson. 4 Decision roles Entrepreneur, disturbance handler, resource allocator, negotiator
Definition of Planning
Planning involves selecting missions and objectives and the actions to achieve them; it requires decision making, that is choosing future courses of action from among alternatives.
Definition of Organizing
The concept of role implies that what people do has a definite purpose or objective. Organizing involves establishing an intentional structure of roles for people to fill in an organization
Definition of Staffing
Staffing involves filling, and keeping filled, the positions in the organization structure.
Definition of Leading
Leading is influencing people so that they will contribute to organization and group goals. Leadership involves motivation, leadership styles and approaches and communication.
Definition of Controlling
Controlling is measuring and correcting individual and organizational performance to ensure that events conform to plans.
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