"What management is"-Business classics presentation

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"What management is"-Business classics presentation

  1. 1. WHAT MANAGEMENT IS?HOW IT WORKS AND WHY IT’S EVERYONE’S BUSINESS JOAN MAGRETTA
  2. 2. TEAM FEDEX SINDHU RAMYA KEERTHI PRASANTH PRITESH NIKHIL DINESH CHANDRA MOHAN ASHISH CHETAN LAMBA AJAY
  3. 3. CHAPTER 1 VALUE CREATION: FROM THE OUTSIDE IN (Price is what you pay. Value is what you get) What is value? Customers define value Value as efficiency The marketing mindset Maximizing shareholder value How is Value created? The right discipline for non profits Value is a system
  4. 4. CHAPTER 2 Business Models: Converting Insight to Enterprise A good model tells a good story Good story a better story eBay Dell Stories that change the world
  5. 5. CHAPTER 3STRATEGY : THE LOGIC OF SUPERIOR PERFORMANCE Doing better by being different The link between strategy and performance How do you play the game of strategy From doing good to doing better : strategy for non-profits
  6. 6. CHAPTER 4 ORGANIZATION : WHERE TO DRAW THE LINES Three types of lines:- Boundary Lines Lines of the Organization Chart Lines of Authority Ford versus Sloan : Two strategies, Two structures Alfred Sloan’s organization Manage or buy : Outsourcing Is In Toyota Redrew the lines of Scope and Authority Organizing to Tackle Societys Biggest Problems
  7. 7. CHAPTER 5FACING REALITY : Which Number Matter and Why? Numbers No Organization Can Live Without.
  8. 8. CHAPTER 6 THE REAL BOTTOM LINE: MISSION AND MEASURES From the model T to the mars mission : good and bad measure In search of the universal measure Mission critical Matching measures to mission Changing measures at GE What’s the bottom line when There is no bottom line?
  9. 9. CHAPTER 7 INNOVATION AND UNCERTAINITY Juggling the present and the future Good management is entrepreneurial Thinking inside the box Information you need Making decisions
  10. 10. CHAPTER 8DELVIVERING RESULTS:FIRST,YOU FOCUS Results are obtained by exploiting by opportunities, not buy solving problem. Law of Pareto Know as 80-20 Rule. Resource Allocation it mean, buy low sell high While delivering result have to maintain discipline. Beating yesterday.
  11. 11. CHAPTER - 9 Managing people: Which value matter and why ? Managing cultural: The social dimension. Making value come alive. Management’s golden rule: Trust Respect for the individual.
  12. 12. CONCLUSION A DESIGN TO MATCH THE PURPOSE THE WORK OF EXECUTION

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