Principles of Management - BCT
Principles of Management - BCT
MANAGEMENT
BFB 3103
Introduction
Management as a field of study has evolved over the years and enjoyed contribution
from different people. This has taken place since the 19 th century and is still evolving
just like other fields. A key aspect of managing is recognizing the role and
importance of other people.
Good management is working through others to accomplish tasks that fulfill
organizational objectives as efficiently as possible.
There have been different eras of the evolution, each one depicting a school of
thought.
Divergent theories contributed by different actors are also eminent in each school
of thought ( Look at this later)
MANAGEMENT: Definition:
MANAGEMENT:
This concerns the direction and control of the various activities to attain business
objectives( (Wiliam Spriegel),
It’s the art of getting things done through the efforts of other people.( Lawrence A,
Appley). The process of achieving organisational goals by engaging in the four
major functions which are: planning, organising, leading and controlling (Bartol et
al., 2001)
The capacity to create a work environment in such a way that each person is
uniquely motivated to achieve the organisational goals and feels recognised for so
doing (Carlopio et al., 2004)
The debate about whether management is an 'art 'or 'science' is far from being
complete.
Most scholars feel that management draws on both art and science.Follet for
example defined management as an art, but her definition is not universally
accepted. What is obvious is that like most other arts management involves some
degree of skill.
Another man Henry M. Boe Hinger who was a corporate officer and management
lecturer argues that management is an art. It requires the components of most arts
like poetry or painting. i.e. vision. In the respects advanced by Follet and BoeHinger
management is an art.
They can use quantitative models and decision making techniques to arrive at correct
decisions and they need to take such a scientific approach to solving problems
whenever possible especially when they are dealing with relatively routine and
straightforward issues.
Technical diagnostic and decision making skills are especially important when
approaching a management task or problem from a scientific perspective
ART OF MANAGEMENT
NB: Effective management is a blend of both science and art. And successful
executives recognize the importance of combining both the science and the
management as they practice their craft.
• Roles:
iii) Coordinate and link groups, departments, divisions in the company iv) Monitor and
manage performance of subunits and individual managers who report to them
MANAGERIAL ROLES
Liaison: Contacts with others outside work unit, for assistance, information, etc
Management skills
• A) Conceptual Skills - The ability to see the whole organization as a single unit of
operation, to visualize the interrelations between different components of the
organization and how they should collaborate for achieving its global mission; to
deeply understand the external environment of the organization as well as the new
possibilities, threats and challenges it presents for the organization.
• These skills are more important for the top level management
b)Technical skills:
c) HUMAN SKILLS
• NB: human skills are more than technical and conceptual skills
D) Diagnostic Skills
They are most important at the top moderately important in the middle and least
important at the bottom of the managerial hierarchy
Why Organizations Need Managers
1. To ensure the organization serves its basic purpose – efficient production of goods
and services.
3. To take charge of strategy making and adopt the organization in a controlled way
to changes in its environment.
4. To ensure the organization serves the ends of those people who control it.
5. To serve as the key informational link between the organization and the
environment, and
• Fear responsibility/accountability.
• Are happy with their current positions.
4. Ability to command respect–A manager must be able to earn respect from his
subordinates so that they are able to obey him, he must therefore be able to understand
employees, be honest, fair and have a positive attitude.
5.Have good communication skills - He must be able to make himself understood either
orally or through writing. Ineffective communication leads to misunderstanding which
results in mistakes.
6.Integrity – Managers act on behalf of the organization. They must have a high sense
of what is right and what is wrong and practice it. They must conduct business and trade
in a straight, ethical and acceptable manner.
7.Loyalty – They must show loyalty to the organization. They must always try to give
good image of the organization both within and without.
8.Good personality- A good manager should be one ready to work with others and one
who does not always insist on doing things his own way. He should have a stable
character
– with few personal problems which might be a liability to the firm, for example,
alcoholism, drug addiction or domestic problems.
MISTAKES MANAGER’S MAKE( DISCUSSION)
• Arrogant
• Betrayal of trust