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FUNCTIONS OF MANAGEMENT
Management is the process of directing tasks and organizing resources to achieve organizational goals. The main functions of management are
Planning Organizing Leading Controlling Managers are also responsible for adapting to changes in the external & internal environment.
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PLANNING
Deciding what to do. Evaluating the organizations resources and environment and establishing a set of organizational goals
Developing tactics to achieve these goals Creating a decision making process that will monitor the results
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ORGANIZING
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LEADING
Directing the employees to meet organizational goals Motivating the employees to meet organizational goals
Develop incentives to motivate employees Organize team building exercises to maintain good morale
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CONTROLLING
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MANAGERIAL ROLES
1.
2. 3.
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INTER PERSONAL
Perform ceremonial duties Hire train & motivate employees Contacts outside their vertical chain of command
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INFORMATIONAL ROLE
Managers have access to information from virtually every internal staff member as well as external information Monitoring or scanning the environment for information is one of the most important tasks of the manager He is also a disseminator of information spokesperson - to peers, subordinates, the external community, and to the press, govt. officials etc.
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DECISIONAL ROLE
This is of prime importance and includes the entrepreneurial role, the disturbance handler role, the resource allocator role and the negotiator role Managers also have to be disturbance handlers
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LEVELS OF MANAGEMENT
Top management
Senior executives who establish goals Allocate resources -time, training & budgets - to achieve the goals of the top management Supervise day-to-day operations and make sure the performance is suitable
Middle management
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3.
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OPERATIONAL SYSTEMS
Repetitiveness Predictability Emphasis on past Detailed nature Internal origin Structured form Great accuracy
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OPERATIONAL SYSTEMS
Repetitiveness
Predictability
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Great accuracy
TACTICAL SYSTEMS
Summary reports Exception reports Ad hoc reports Periodic nature Unexpected findings Comparative nature Summary form Both internal & external sources
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TACTICAL SYSTEMS
Summary reports
Exception reports
Ad hoc reports
Overtime hours , weekly sales, etc. Change in weekly sales, etc. For unique problem.
Periodic nature Unexpected findings Comparative nature Summary form Both internal & external sources
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Comparison of IS
Characteristic Frequency Operational Regular, repetitive Tactical Mostly regular Strategic planning Often ad hoc
Dependability of result
Time period covered Level of detail Source of data Nature of data Accuracy Typical user Level of decision
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Expected results
The Past Very detailed Internal Highly structured Highly accurate data First-line supervisors Task oriented
Some subjective data Highly subjective data Middle Managers Oriented toward control and resource allocation Top Management Goal Oriented
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Phase II
Technology learning & adaptation Stagnation A Too little management Stagnation B Too focused on implementation
Thank you
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Practice Questions
Q1. Considering a large organization List the types of reports generated from a tactical information system. Q2. Give out the characteristics of Strategic planning systems? Q3. In an Organization, why is tactical level information so important to middle level managers?
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