Topic 2 Introduction To Management
Topic 2 Introduction To Management
Introduction to
Management
What is management
A form of work that involves
coordinating an
organization’s - human,
financial, physical and information
resources toward accomplishing
organizational objectives.
Goal-driven
Activity is effective and
efficient
Uses the four
managerial functions
What is Management?
A set of activities
planning and decision making, organizing,
leading, and controlling
directed at an organization’s resources
human, financial, physical, and information
with the aim of achieving organizational
goals
in an efficient and effective
manner.
Efficiency versus Effectiveness
Efficiency: Effectiveness:
Operating in Doing the right
Successful
such a way things in the
that resources
Management
right way at
are not wasted the right times
Source: Adapted from Van Fleet, David D., Contemporary Management, Second Edition.
Copyright © 1991 by Houghton Mifflin Company. Used with permission.
Who is a Manager?
Someone whose primary responsibility is
to carry out the management process.
Planning
and decision Organizing
making
Inputs from the environment
• Human resources Goals attained
• Financial resources • Efficiently
• Physical resources • Effectively
• Information resources
Controlling Leading
The Management Process
The Functions of Management
Planning
◦ Setting an organization’s goals and selecting a
course of action to achieve them.
Organizing
◦ Determining how activities and resources are
grouped.
Leading
◦ Getting organizational members to work together to
advance the interests of the organization.
Controlling
◦ Monitoring organizational progress towards goals.
Planning and Organizing Involve…
Planning
◦ Environmental scanning and analysis
◦ Developing a vision of the future
◦ Setting long-term organizational objectives
◦ Developing organizational and competitive
strategies
Organizing
◦ Defining tasks and duties
◦ Grouping positions into effective structures
(departments)
◦ Clarifying authority, responsibility, and reporting
relationships
◦ Allocating scarce resources (financial, human,
physical)
◦ Staffing positions with qualified personnel
Leading and Controlling Involve…
Leading
◦ Effective communication
◦ Inspiring others to do their best
◦ Motivation and rewards
◦ Trust and assurance
Controlling
◦ Clear standards
◦ Monitoring progress and results
◦ Knowing when and how to intervene
◦ Correcting deviations successfully
Skills and the
Manager Technical Skills
Interpersonal Skills
Conceptual Skills
Fundamental
Management Diagnostic Skills
Skills
Communication Skills
Decision-Making Skills
Time-Management Skills
Fundamental Management Skills
Technical
◦ Skills necessary to accomplish or understand
the specific kind of work being done in an
organization.
Interpersonal
◦ The ability to communicate with, understand,
and motivate both individuals and groups.
Conceptual
◦ The manager’s ability to think in the abstract
and to see the “big picture.” To perceive how
all the parts fit together.
3 Primary Managerial Skills (KATZ)
• Diagnostic
◦ The manager’s ability to visualize the most
appropriate response to a situation.
Communication
◦ The manager’s abilities both to convey ideas and
information effectively to others and to receive
ideas and information effectively from others.
Decision-Making
◦ The manager’s ability to recognize and define
problems and opportunities correctly and then to
select an appropriate course of action to solve the
problems and capitalize on opportunities.
Time-Management
◦ The manager’s ability to prioritize work, to work
efficiently, and to delegate appropriately.
Management Skill Mixes at
Different Organizational Levels
Managerial Activities MINTZBERG
In one day…
◦ Processed 36 memos, letters and notes
◦ Attended 8 meetings
◦ Got 11 phone calls
◦ Met with some very unhappy customers
◦ Refereed two internal managerial disputes
◦ Spent an average of 9 minutes on each task during
the day
Key Managerial Roles (Mintzberg)
Key Management
Roles