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Principals of Managment

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Ocean's Eleven Explains the Principals of Management
BF10 - Principals of Business and Finance

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Principals of Managment

  1. 1. Principals of MANAGEMENT Ocean’s Eleven Explains the http://image.tmdb.org/t/p/original/rCOdiuV2OP4M3tBZSNTlnTDa5e2.jpg
  2. 2. Ocean’s Eleven is the story of Danny Ocean and his endeavor to pull off a major heist of three Las Vegas casinos and win back is wife.
  3. 3. Ocean’s Eleven is the story of Danny Ocean and his endeavor to pull off a major heist of three Las Vegas casinos and win back is wife. In doing so, he takes on the role of a manager leading his team to accomplish their goal.
  4. 4. Ocean’s Eleven is the story of Danny Ocean and his endeavor to pull off a major heist of three Las Vegas casinos and win back is wife. In doing so, he takes on the role of a manager leading his team to accomplish their goal. Each stage of the heist demonstrates a principal of management.
  5. 5. Role of a MANAGER Managers are responsible for the overseeing and decision making of a business in order to accomplish goals by effectively using people and other resources.
  6. 6. 5 Principals of MANAGEMENT http://seconfirma.com/wp-content/uploads/2014/08/ocean-eleven.jpg
  7. 7. 1. PLANNING Analyzing information, setting goals based on information, and making decisions to accomplish the goals
  8. 8. Analyzing information, setting goals based on information, and making decisions to accomplish the goals 1. PLANNING Before starting, Ocean has to gather the information about the heist’s targeted casino such as blueprints and schematics, plot the needed cons, begin to think about the size of the team he will need to accomplish his goals.
  9. 9. 2. ORGANIZING Arranging resources in order to accomplish the goals of the business.
  10. 10. 2. ORGANIZING Arranging resources in order to accomplish the goals of the business. The theft of $150,000,000 requires many resources such as vans, computers & technology, explosives, costumes, and a working replica of the casino vault.
  11. 11. 3. STAFFING Obtaining, training, and compensating employees to accomplish the goals of the business.
  12. 12. 3. STAFFING Obtaining, training, and compensating employees to accomplish the goals of the business. Each con during the heist requires specialized skilled workers. Ocean hires specialists for transportation, demolition, acting, technology, and even an acrobat.
  13. 13. 4. IMPLEMENTING Directing and leading people to accomplish the goals of the business.
  14. 14. 4. IMPLEMENTING Directing and leading people to accomplish the goals of the business. After planning, organizing and staffing; Ocean leads his team through the heist itself.
  15. 15. 5. CONTROLING Determining whether a business is accomplishing its goals that were set in the planning stage.
  16. 16. 5. CONTROLING Determining whether a business is accomplishing its goals that were set in the planning stage. After the heist, each team member was $13,000,000 richer.

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