Management basics

What is Management ???

Is the process of using what you have

{ RESOURCES }, to do what you
want to do . {GOALS}

Learning Objectives

Why study Management?

What does it take to be a successful manager?

Discuss the basic responsibilities of a manager in

terms of key resources.

What are the key Management Skills?

What are the 4 key Management Functions?

What are the various levels of Management?

What are the various contexts in which Management

is applied?

Inspirational video
Ants theory
Importance of team work
Failures leads to success
Union is strength

The Importance of Management

Management
planning, organizing, staffing, directing, &
controlling

Achieving objectives requires skilled

management

The Importance of Management

Management

Process designed to achieve an

organizations objectives by using its
resources effectively & efficiently in a
changing environment.

The Importance of Management

Resource acquisition &
coordination

Resources
People
Raw materials
Equipment
Money
Information

Management Functions

Management Functions

Planning
Process of determining the
organizations objectives and deciding
how to accomplish them.

Management Functions
Planning

Objectives results desired by

organization
Mission organizations purpose and
philosophy

Management Functions

Objectives

Common & Elaborate Organizational

Objectives -Profit, competitive advantage, efficiency,
growth
Service, ethics, community responsibility

Management Functions

Plans

Strategic Plans
Tactical Plans
Operational Plans

Management Functions
Strategic Plans
Executive level managers
Establish the long-range objectives & overall
strategy to fulfill firms mission
2-10 years forward-looking
Sustainability
diversification

Management Functions
Tactical Plans

Short-range strategy
implementation
1 year or less
Environmental change
Periodically reviewed & updated

Management Functions
Operational Plans

Very short-term actionable,

specific
Individuals, work groups, departments
1 month, 1 week, 1 day
Achieve tactical plans

Management Functions

Organizing
Structuring of resources & activities to
accomplish objectives efficiently &
effectively.

Management Functions
Organizing

Importance

Creates synergy
Establishes lines of authority
Improves communication
Improves competitiveness
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Management Functions

Staffing
Hiring people to carry out the work of
the organization.

Management Functions
Staffing

Importance

Recruiting
Determine skills
Motivate & train
Compensation levels
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Management Functions

Downsizing
Elimination of significant numbers of
employees
(rightsizing, trimming the fat)

Management Functions

Directing
Motivating and leading employees to
achieve organizational objectives.

Management Functions -- Directing

Motivation
Incentives (raise, promotion)
Employee involvement (cost reduction, customer service,
new products)
Recognition and appreciation

Management Functions

Controlling
Process of evaluating and correcting
activities to keep organization on
course,

Management Functions
Controlling

Five Activities

Measuring performance
Comparing performance against standards
Identifying deviations from standards
Investigating causes of deviations
Taking corrective action
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Types of Management

Levels of Management

Top management
Middle management
First-line/supervisory management

ngineering and Management

Level

Type of Job

Directly
supervise non-managers.
Carry out the plans and objectives of higher management using
the personnel and other resources assigned to them.

First-line Managers Short-range

operating plans governing what will be done
tomorrow or next week, assign tasks to their workers, supervise
the work that is done, and evaluate the performance of individual
workers.

Manage
through other managers.
Make plans of intermediate range to achieve the long-range goals
set by top management, establish departmental policies, and
evaluate the performance of subordinate work units and their
Middle Management
managers.
and integrating and coordinating function so that the
Provide
short-range decisions and activities of first-line supervisory
groups can be orchestrated toward achievement of the long-range
goals of the enterprise.

Responsible
for defining the character, mission, and objectives of
the enterprise.

Establish
criteria for and review long-range plans.
Top Management

Evaluate
the performance of major departments, and they evaluate
leading management personnel to gauge their readiness for
promotion to key executive positions.
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Areas of Management

Finance
Production
Operations
Human Resources
Marketing
Administration

Managerial Skills
Seven Tips for Successful Leadership

Skills Needed by Managers

Autocratic Leaders
Decision makers, tell employees

Democratic Leaders
Involve employees in decisions

Free-rein leaders
Employees work without interference

ngineering and Management

Managerial Roles (What Managers Do)
Interpersonal roles
Informational Roles
Decisional Roles

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ngineering and Management

Managerial Roles (What Managers Do)
Interpersonal roles
Outward

Figurehead role: Outward relationship

Leader role: Downward relation
Liaison role: Horizontal relation
Horizontal

Downward

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ngineering and Management

Managerial Roles (What Managers Do)
Informational Roles
Monitor Role: Collects information about
internal operations and external events.
Disseminator Role: Transforms information
internally to everybody in organization
(like a
telephone switchboard)
Spokesman Role: Public relations

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ngineering and Management

Managerial Roles (What Managers Do)
Decisional
Roles

Entrepreneurial Role: Initiates changes,

assumes risks, transforms ideas into
useful products.
Disturbance Handler Role: Deals with
unforeseen problems and crisis.
Resource Allocator Role: Distributing
resources
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My plan towards subject

New word meaning

A sentence using that word
Activity
Assignment
Seminars
All together let us enjoy the
subject
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All together let us enjoy

the subject

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