Nature of Management


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Nature of Management

  1. 1. Textbook<br />Individual Work<br />DVD/Video<br />Group Work<br />Demonstration<br />Class Discussion<br />
  2. 2. The Nature of Management<br />Lessons 1-5<br />HSC BS - Topic 2 – Business Management & Change - 2009<br />
  3. 3. Management<br />Name some things in your life that you manage well?<br />Name some things in your life that you manage not so well?<br />Describe some people you know that are managers – what traits do they have that makes them a good manager?<br />Good management is all about coordination of the businesses scarce resources<br />Class Discussion<br />
  4. 4. Traditional Management<br />Financial Resources<br />Physical Resources<br />Information Resources<br />Human Resources<br />1 + 1 = 3 or Synergy<br />Class Discussion<br />
  5. 5. Contemporary Management<br />Class Discussion<br />
  6. 6. Importance of Management<br />Society needs business and business needs good managers<br />Class Discussion<br />
  7. 7. What you need to know<br />Key Words to Date (Already!!!)<br />Management, Human resources, Information resources, physical resources, Financial resources, Manager, Effectiveness, Synergy (8)<br />Textbook<br />Boring…maybe, but…necessary…definitely<br />
  8. 8. Management Roles<br />Planning<br />Organising<br />Leading<br />Controlling<br />Class Discussion<br />
  9. 9. Biggest Management Role on the Planet<br />Class Discussion<br />
  10. 10. Fight Club<br />Henry Mintzberg says to Henri Fayol, I like your first name, but I think you are wrong… your method just is too simple<br />
  11. 11. It’s Like a Play at the Theatre<br />Mintzberg says that a manager has to play a range of different roles requiring a range of skills and an ability to react to a range of different situations<br />Group Work<br />Turn to the person next to you and quiz them on the various roles they play in their life. E.g. brother, sister<br />Does the range of skills change with the role? Why? <br />
  12. 12. Theory on Management Roles<br />Interpersonal Role<br />Deal with People<br />Decision- Making Role<br />Solving problems & making choices<br />Informational Management Role<br />Gathering & disseminating information<br />
  13. 13. A day in the life of a Manager<br />MYTH<br />REALITY<br />
  14. 14. Skills of Management<br />It’s time to meet the boss<br />Use the cards provided to ask questions of your manager and critique his skill base<br />
  15. 15. Skills of Management<br />Group Work<br />
  16. 16. Skills of Management<br />Group Work<br />
  17. 17. Skills of Management<br />
  18. 18. Responsibility to Stakeholders<br />
  19. 19. Change Management<br />Business life is fast. Management is responsible for embracing this fast paced, changing industry to ensure the company achieves a competitive edge. Adaptability is key. Change is good.<br />There is no room for fence sitting in business<br />X<br />
  20. 20. Social Justice<br />Business Managers have a responsibility to stakeholders to utilise their power and influence for the good of society.<br />
  21. 21. Ecological Sustainability<br />Climate change &recycling is huge news in business right now. Business Managers have a responsibility to stakeholders to uphold long-term sustainable strategies. Investors look kindly upon a company with an environmentally friendly approach<br />Take some time to investigate businesses on the web and see what environmental policies they have. There is heaps of info on this.<br />
  22. 22. Compliance with the Law<br />Business Managers must have a sound understanding of the laws and regulations that they work within. Big point of discussion at the moment is Occupational Health & Safety.<br />As an example, research the amount of rules and regulations required these days to be a builder.<br />
  23. 23. Codes of Practice<br />For good behaviour to occur at all levels of the organisation, there must be a serious commitment by management to promote respect for all stakeholders, employees and customers with clearly defined codes of behaviour.<br />As an example, research the code of practice changes made to Australia’s insurance industry back in 2004<br />