Mngmt Intro Final

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    October 11, 2008 DEVELOPMENT OF MANAGEMENT THOUGHT 1

    DEVELOPMENT OF MANAGEMENT THOUGHT

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    MANAGEMENT -Definitionsy Management

    y Old French- mnagement the art of conducting,

    directing,y Latin- manu agere to lead by the hand

    y From the above it is the process of leading anddirecting all or part of an organization, often a

    business, through the deployment and manipulationof resources (human, financial, material, intellectualor intangible)

    2007 Prentice Hall, Inc. All rights reserved. 12

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    MANAGEMENT -DefinitionsAccording to Peter Drucker

    y

    Management is a multipurposeorgan that manages a businessmanager and manages worker and

    work.

    13

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    MANAGEMENT -DefinitionsAccording to F. W. TAYLOR

    Management is knowing exactlywhat you want men to do and thenseeing that hey do it in the best and

    cheapest way.

    14

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    MANAGEMENT -DefinitionsAccording to Henry Fayol-

    The process of coordinating andintegrating work activities so thatthey are completed efficiently and

    effectively with and through otherpeople.

    15

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    Management is the art and

    science of getting things onethrough others, generally by organizing and directing their

    activities on the job.

    16

    MANAGEMENT -Definitions

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    Effectiveness and Efficiency in Management

    17

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    Characteristics of Managment

    1. MULTIDISCIPLINARY.

    2. ITSAGROUPACTIVITY.

    3. ITSGOALORIENTED.

    4. ITSAFACTOROF PRODUCTION.

    5. ITSUNIVERSALINCHARACTER.

    6. ITSASOCIALPROCESS.

    7. ITSDYNAMIC.

    19

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    Characteristics of Management

    8. ITISAPROFESSON.

    9. ITISANINTANGIBLE FORCE.

    10. ITISSITUATIONAL

    11. ITINFLUENCESBEHAVIOUR.

    12. ITSANINTEGRATIONOFHUMAN.

    13. BALANCING EFFECTIVNESSANDEFFICIENCY.

    14. ITISASYSTEMOFAUTHORITY.

    15. ITISANARTASWELLASASCIENCE.110

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    Classifying Managersy First-line Managers

    y Individuals who manage the work of non-managerial

    employees.y Middle Managers

    y Individuals who manage the work of first-line managers.

    y Top Managers

    y Individuals who are responsible for makingorganization-wide decisions and establishing plans andgoals that affect the entire organization.

    2007 Prentice Hall, Inc. All rights reserved. 111

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    Exhibit 11 Managerial Levels

    2007 Prentice Hall, Inc. All rights reserved. 112

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    Exhibit 13 Management Functions

    2007 Prentice Hall, Inc. All rights reserved. 113

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    Who Are Managers?y Manager

    y Someone who coordinates and oversees the work ofother people so that organizational goals can beaccomplished.

    114

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    What Do Managers Do?y FunctionalApproach

    y Planningy Defining goals, establishing strategies to achieve goals,

    developing plans to integrate and coordinate activities.

    y Organizingy Arranging and structuring work to accomplish organizational

    goals.

    y L

    eadingy Working with and through people to accomplish goals.

    y Controllingy Monitoring, comparing, and correcting work.

    2007 Prentice Hall, Inc. All rights reserved. 115

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    What Do Managers Do? (contd)y

    Management RolesA

    pproach(Mintzberg)

    y Interpersonal roles

    y Figurehead, leader, liaison

    y

    Informational rolesy Monitor, disseminator,

    spokesperson

    y Decisional roles

    y Disturbance handler, resource

    allocator, negotiator

    2007 Prentice Hall, Inc. All rights reserved. 116

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    What Managers Actually Do

    (Mintzberg)y Interaction

    y with others

    y

    with the organizationy with the external context

    of the organization

    y Reflection

    y

    thoughtful thinkingy Action

    y practical doing

    2007 Prentice Hall, Inc. All rights reserved. 117

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    What Do Managers Do? (contd)y Skills Approach

    y Technical skills

    y

    Knowledge and proficiency in a specific fieldy Human skills

    y The ability to work well with other people

    y Conceptual skills

    y

    The ability to think and conceptualize about abstract andcomplex situations concerning the organization

    2007 Prentice Hall, Inc. All rights reserved. 118

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    Exhibit 15 Skills Needed at Different Management Levels

    2007 Prentice Hall, Inc. All rights reserved. 119

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    Exhibit 16 Conceptual Skills

    2007 Prentice Hall, Inc. All rights reserved. 120

    Using information to solve business problemsUsing information to solve business problems Identifying of opportunities for innovationIdentifying of opportunities for innovation

    Recognizing problem areas and implementingRecognizing problem areas and implementing

    solutionssolutions

    Selecting critical information from masses ofSelecting critical information from masses of

    datadata

    Understanding of business uses of technologyUnderstanding of business uses of technology

    Understanding of organizations business modelUnderstanding of organizations business model

    Source: Based on American Management Association Survey of Managerial Skills and

    Competencies, March/April 2000, found on AMA Web site (www.ama.org), October 30, 2002.

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    Exhibit 16 Communication Skills

    2007 Prentice Hall, Inc. All rights reserved. 121

    Ability to transform ideas into words and actionsAbility to transform ideas into words and actions Credibility among colleagues, peers, andCredibility among colleagues, peers, and

    subordinatessubordinates

    Listening and asking questionsListening and asking questions Presentation skills; spoken formatPresentation skills; spoken format

    Presentation skills; written and/or graphicPresentation skills; written and/or graphic

    formatsformats

    Source: Based on American Management Association Survey of Managerial Skills and

    Competencies, March/April 2000, found on AMA Web site (www.ama.org), October 30, 2002.

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    Exhibit 16 Effectiveness Skills

    2007 Prentice Hall, Inc. All rights reserved. 122

    Contributing to corporate mission/departmentalContributing to corporate mission/departmentalobjectivesobjectives

    Customer focusCustomer focus

    Multitasking: working at multiple tasks in parallelMultitasking: working at multiple tasks in parallel

    Negotiating skillsNegotiating skills

    Project managementProject management

    Reviewing operations and implementingReviewing operations and implementingimprovementsimprovements

    Source: Based on American Management Association Survey of Managerial Skills and

    Competencies, March/April 2000, found on AMA Web site (www.ama.org), October 30, 2002.

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    Exhibit 16 Effectiveness Skills (contd)

    2007 Prentice Hall, Inc. All rights reserved. 123

    Source: Based on American Management Association Survey of Managerial Skills and

    Competencies, March/April 2000, found on AMA Web site (www.ama.org), October 30, 2002.

    Setting and maintaining performance standardsSetting and maintaining performance standardsinternally and externallyinternally and externally

    Setting priorities for attention and activitySetting priorities for attention and activity

    Time managementTime management

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    Exhibit 16 Interpersonal Skills (contd)

    2007 Prentice Hall, Inc. All rights reserved. 124

    Source: Based on American Management Association Survey of Managerial Skills and

    Competencies, March/April 2000, found on AMA Web site (www.ama.org), October 30, 2002.

    Coaching and mentoring skillsCoaching and mentoring skills Diversity skills: working with diverse people andDiversity skills: working with diverse people and

    culturescultures

    Networking within the organizationNetworking within the organization Networking outside the organizationNetworking outside the organization

    Working in teams; cooperation and commitmentWorking in teams; cooperation and commitment

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    Exhibit 17 Management Skills and Management Function Matrix

    2007 Prentice Hall, Inc. All rights reserved. 125

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    How The Managers Job Is

    Changingy The Increasing Importance of Customers

    y Customers: the reason that organizations exist

    y

    Managing customer relationships is the responsibility of allmanagers and employees.

    y Consistent high quality customer service is essential forsurvival.

    y Innovation

    y Doing things differently, exploring new territory, andtaking risks

    y Managers should encourage employees to be aware of and acton opportunities for innovation.

    2007 Prentice Hall, Inc. All rights reserved. 126

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    Exhibit 18

    Changes Impacting

    the Managers Job

    2007 Prentice Hall, Inc. All rights reserved. 127

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    What Is An Organization?y An Organization Defined

    y Adeliberate arrangement of people to accomplish some

    specific purpose (that individuals independently couldnot accomplish alone).

    y Common Characteristics of Organizations

    y Have a distinct purpose (goal)

    y

    Composed of peopley Have a deliberate structure

    2007 Prentice Hall, Inc. All rights reserved. 128

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    Exhibit 19 Characteristics of Organizations

    2007 Prentice Hall, Inc. All rights reserved. 129

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    Exhibit 110 The Changing Organization

    2007 Prentice Hall, Inc. All rights reserved. 130

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    Why Study Management?y The Value of Studying Management

    y The universality of management

    y

    Good management is needed in all organizations.y The reality of work

    y Employees either manage or are managed.

    y Rewards and challenges of being a manager

    y Management offers challenging, exciting and creativeopportunities for meaningful and fulfilling work.

    y Successful managers receive significant monetary rewards fortheir efforts.

    2007 Prentice Hall, Inc. All rights reserved. 131

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    Exhibit 111 Universal Need for Management

    2007 Prentice Hall, Inc. All rights reserved. 132

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    Exhibit 112 Rewards and Challenges of Being A Manager

    2007 Prentice Hall, Inc. All rights reserved. 133

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    Terms to Knowy manager

    y first-line managers

    y middle managers

    y top managersy management

    y efficiency

    y effectiveness

    y

    planningy organizing

    y leading

    y controlling

    y management roles

    y interpersonal roles

    y informational roles

    y decisional rolesy technical skills

    y human skills

    y conceptual skills

    y

    organizationy universality of management

    2007 Prentice Hall, Inc. All rights reserved. 134