SlideShare a Scribd company logo
1 of 4
 1. Principles of Management MGT 301 Muhammad Jameel Qazi
 2. Management: A Competency Base Approach
 3. Methodology        Lectures Videos Cases Presentations Discussions and debates
Research reports Projects
 4. Webpage, Blog, Wiki, email  http://faculty.kfupm.edu.sa/MGM/jamilqaz/ 
http://mgt301.pbwiki.com/  http://mgt301.blogspot.com/  mgt301.072@gmail.com
 5. Chapter 1 Managing in a Dynamic Environment
 6. Learning Objectives    Define Managers And Management. Explain What Managers Do.
Describe The Competencies Used In Managerial Work And Assess Your Current Competency
Levels.
 7. Introductory Concepts: What Are Managerial Competencies?  Competency – a combination of
knowledge, skills, behaviors, and attitudes that contribute to personal effectiveness  Managerial
Competencies – sets of knowledge, skill, behaviors, and attitudes that a person needs to be effective
in a wide range of positions and various types of organizations
 8. Why are Managerial Competencies Important?  You need to use your strengths to do your best
 You need to know your weaknesses  You need developmental experiences at work to become
successful leaders and address your weakness  You probably like to be challenged with new
learning opportunities  Organizations do not want to waste human resources  Globalization
deregulation, restructuring, and new competitors add to the complexity of running a business
 9. A Model of Managerial Competencies (adapted from Figure 1.1) Communication Competency
Teamwork Competency Planning and Administration Competency Global Awareness Competency
Strategic Action Competency Self-Management Competency
 10. A Model of Managerial Competencies (adapted from Figure 1.1) Communication Competency
Teamwork Competency Global Awareness Competency Managerial Effectiveness Self-Management
Competency Planning and Administration Competency Strategic Action Competency
 11. What Is An Organization?  A formal and coordinated group of people who function to achieve
particular goals  These goals cannot be achieved by individuals acting alone  An organization has
a structure, discussed in depth in Chapter 11
 12. Characteristics of an Organization   An organization has a structure. An organization consists
of a group of people striving to reach goals that individuals acting alone could not achieve.
 13. Management Organization Two or more people who work together in a structured way to
achieve a specific goal or set of goals. Goals Purpose that an organization strives to achieve;
organizations often have more than one goals, goals are fundamental elements of organization. The
Role of Management To guide the organizations towards goal accomplishment
 14. - People responsible for directing the efforts aimed at helping organizations achieve their goals. -
A person who plans, organizes, directs and controls the allocation of human, material, financial, and
information resources in pursuit of the organization’s goals.
 15. Management  Management refers to the tasks and activities involved in directing an
organization or one of its units: planning, organizing, leading, and controlling.  The process of
reaching organizational goals by working with and through people and other organizational
resources.
 16.  Function: A classification referring to a group of similar activities in an organization like
marketing or operations.  Functional Managers: A manager responsible for just one organizational
activity such as accounting, human resources, sales, finance, marketing, or production  Focus on
technical areas of expertise  Use communication, planning and administration, teamwork and
selfmanagement competencies to get work done
 17. (cont’d)  General Managers: responsible for the operations of more complex units—for
example, a company or division  Oversee work of functional managers  Responsible for all the
activities of the unit  Need to acquire strategic and multicultural competencies to guide organization
 Many Other types of managers
 18. Basic Managerial Functions (adapted from Figure 1.2) Organizing Leading Planning Controlling
 19. Management Process and Goal Attainment
 20. Management and Organizational Resources
 21. Planning involves tasks that must be performed to attain organizational goals, outlining how the
tasks must be performed, and indicating when they should be performed.
 22. Planning  Determining organizational goals and means to reach them  Managers plan for
three reasons 1. Establish an overall direction for the organization’s future 2. Identify and commit
resources to achieving goals 3. Decide which tasks must be done to reach those goals  Discussed
in depth in Chapter 7 & 8
 23. Organizing means assigning the planned tasks to various individuals or groups within the
organization and cresting a mechanism to put plans into action.
 24. Organizing  Process of deciding where decisions will be made, who will perform what jobs and
tasks, and who will report to whom in the company  Includes creating departments and job
descriptions
 25. Leading (Influencing) means guiding the activities of the organization members in appropriate
directions. Objective is to improve productivity.
 26. Leading  Getting others to perform the necessary tasks by motivating them to achieve the
organization’s goals  Crucial element in all functions  Discussed throughout the book and in
depth in Chapter 15—Dynamics of Leadership
 27. 1. Gather information that measures recent performance 2. Compare present performance to
pre-established standards 3. Determine modifications to meet pre-established standards
 28. Controlling  Process by which a person, group, or organization consciously monitors
performance and takes corrective action  Discussed in depth in Chapter 10
 29. Basic Levels of Management (adapted from Figure 1.3) Top Top Managers Managers Middle
Managers Middle Managers First-Line Managers First-Line Managers Nonmanagers Nonmanagers
 30. Top Managers  Responsible for providing the overall direction of an organization  Develop
goals and strategies for entire organization  Spend most of their time planning and leading 
Communicate with key stakeholders—stockholders, unions, governmental agencies, etc., company
policies  Use of multicultural and strategic action competencies to lead firm is crucial
 31. Levels of Management  First-line Managers: have direct responsibility for producing goods or
services Foreman, supervisors, clerical supervisors  Middle Managers: Coordinate employee
activities  Determine which goods or services to provide  Decide how to market goods or services
to customers Assistant Manager, Manager (Section Head) Top Managers: provide the overall
direction of an organization Chief Executive Officer, President, Vice President  
 32. First-line Managers  Directly responsible for production of goods or services  Employees who
report to first-line managers do the organization’s work  Spend little time with top managers in large
organizations  Technical expertise is important  Rely on planning and administration, self-
management, teamwork, and communication competencies to get work done
 33. Middle Managers  Responsible for setting objectives that are consistent with top management’s
goals and translating them into specific goals and plans for first-line managers to implement 
Responsible for coordinating activities of first-line managers  Establish target dates for
products/services to be delivered  Need to coordinate with others for resources  Ability to develop
others is important  Rely on communication, teamwork, and planning and administration
competencies to achieve goals
 34. Management Level and Skills
 35. Introductory Concepts: What Are Managerial Competencies?  Competency – a combination of
knowledge, skills, behaviors, and attitudes that contribute to personal effectiveness  Managerial
Competencies – sets of knowledge, skill, behaviors, and attitudes that a person needs to be effective
in a wide range of positions and various types of organizations
 36. Six Core Managerial Competencies: What It Takes to Be a Great Manager  Communication
Competency  Planning and Administration Competency  Teamwork Competency  Strategic
Action Competency  Multicultural Competency  Self-Management Competency
 37. Communication Competency  Ability to effectively transfer and exchange information that leads
to understanding between yourself and others  Informal Communication  Used to build social
networks and good interpersonal relations  Formal Communication  Used to announce major
events/decisions/ activities and keep individuals up to date  Negotiation  Used to settle disputes,
obtain resources, and exercise influence
 38.  Deciding what tasks need to be done, determining how they can be done, allocating resources
to enable them to be done, and then monitoring progress to ensure that they are done  Information
gathering, analysis, and problem solving from employees and customers  Planning and organizing
projects with agreed upon completion dates  Time management  Budgeting and financial
management
 39.  Accomplishing tasks through small groups of people who are collectively responsible and
whose job requires coordination  Designing teams properly involves people participate in setting
goals having  Creating a supportive team environment gets people committed to the team’s goals
 Managing team dynamics involves settling conflicts, sharing team success, and assign tasks that
use team members’ strengths
 40. Strategic Action Competency  Understanding the overall mission and values of the organization
and ensuring that employees’ actions match with them  Understanding how departments or
divisions of the organization are interrelated  Taking key strategic actions to position the firm for
success, especially in relation to concern of stakeholders  Leapfrogging competitors
 41. Snapshot “Sony must sell off businesses that don’t fit its core strategy of fusing gadgets with
films, music, and game software. That means selling off its businesses in its Sony Financial
Holdings, which are very profitable.” Howard Stringer, CEO, Sony
 42. Multicultural Competency  Understanding, appreciating and responding to diverse political,
cultural, and economic issues across and within nations  Cultural knowledge and understanding of
the events in at least a few other cultures  Cultural openness and sensitivity to how others think,
act, and feel  Respectful of social etiquette variations  Accepting of language differences
 43. Self-Management Competency  Developing yourself and taking responsibility  Integrity and
ethical conduct  Personal drive and resilience  Balancing work and life issues  Self-awareness
and personal development activities
 44. Self-Management Competency Snapshot “My strengths and weaknesses haven’t changed a lot
in 51 years. The important thing is to recognize the things you don’t do well and build a team that
reflects what you know the company needs.” Anne Mulcahy, CEO, Xerox
 45. Learning Framework for Managing Part I: Overview of Management Part II: Managing the
Environment Part III: Planning and Control Part IV: Organizing Part V; Leading

More Related Content

What's hot

Management Chapter01
Management Chapter01Management Chapter01
Management Chapter01WanBK Leo
 
Principles of Management (MG 6851) –Unit 2
Principles of Management (MG 6851) –Unit 2Principles of Management (MG 6851) –Unit 2
Principles of Management (MG 6851) –Unit 2AntBMaro
 
Chapter 3 organizing introduction
Chapter 3   organizing introductionChapter 3   organizing introduction
Chapter 3 organizing introductionRajat Gupta
 
Semester 1 PRINCIPLES OF MANAGEMENT Chapter 2 PLANNING
Semester 1 PRINCIPLES OF MANAGEMENT  Chapter 2 PLANNINGSemester 1 PRINCIPLES OF MANAGEMENT  Chapter 2 PLANNING
Semester 1 PRINCIPLES OF MANAGEMENT Chapter 2 PLANNINGMAHUA MUKHERJEE
 
Unit i- principles of management
Unit i- principles of managementUnit i- principles of management
Unit i- principles of managementKuladeep Gadaparthi
 
Principles of Management - Lecture 2
Principles of Management - Lecture 2Principles of Management - Lecture 2
Principles of Management - Lecture 2fawadism
 
Management basics ppt @ bec doms mba hr
Management basics ppt @ bec doms mba hrManagement basics ppt @ bec doms mba hr
Management basics ppt @ bec doms mba hrBabasab Patil
 
Objectives Management
Objectives   ManagementObjectives   Management
Objectives ManagementRajesh Patel
 
Management
ManagementManagement
ManagementDirz M
 
Organization and management planning
Organization and management planningOrganization and management planning
Organization and management planningChris selebio
 
smaran's management
smaran's managementsmaran's management
smaran's managementsheshdahal
 
Peter drucker analysis on management by objectives
Peter drucker analysis on management by objectivesPeter drucker analysis on management by objectives
Peter drucker analysis on management by objectivesynaPark
 
Performance management mod 1
Performance  management mod 1Performance  management mod 1
Performance management mod 1POOJA UDAYAN
 
Coordination
CoordinationCoordination
CoordinationB A
 

What's hot (20)

Management Chapter01
Management Chapter01Management Chapter01
Management Chapter01
 
Chapter 2
Chapter 2Chapter 2
Chapter 2
 
Principles of Management (MG 6851) –Unit 2
Principles of Management (MG 6851) –Unit 2Principles of Management (MG 6851) –Unit 2
Principles of Management (MG 6851) –Unit 2
 
Unit 3
Unit  3Unit  3
Unit 3
 
Unit 3 pom
Unit 3  pomUnit 3  pom
Unit 3 pom
 
Chapter 3 organizing introduction
Chapter 3   organizing introductionChapter 3   organizing introduction
Chapter 3 organizing introduction
 
Management
ManagementManagement
Management
 
Unit 1.pom
Unit 1.pomUnit 1.pom
Unit 1.pom
 
Semester 1 PRINCIPLES OF MANAGEMENT Chapter 2 PLANNING
Semester 1 PRINCIPLES OF MANAGEMENT  Chapter 2 PLANNINGSemester 1 PRINCIPLES OF MANAGEMENT  Chapter 2 PLANNING
Semester 1 PRINCIPLES OF MANAGEMENT Chapter 2 PLANNING
 
Unit i- principles of management
Unit i- principles of managementUnit i- principles of management
Unit i- principles of management
 
Principles of Management - Lecture 2
Principles of Management - Lecture 2Principles of Management - Lecture 2
Principles of Management - Lecture 2
 
Management basics ppt @ bec doms mba hr
Management basics ppt @ bec doms mba hrManagement basics ppt @ bec doms mba hr
Management basics ppt @ bec doms mba hr
 
Objectives Management
Objectives   ManagementObjectives   Management
Objectives Management
 
Management
ManagementManagement
Management
 
Organization and management planning
Organization and management planningOrganization and management planning
Organization and management planning
 
smaran's management
smaran's managementsmaran's management
smaran's management
 
Peter drucker analysis on management by objectives
Peter drucker analysis on management by objectivesPeter drucker analysis on management by objectives
Peter drucker analysis on management by objectives
 
Performance management mod 1
Performance  management mod 1Performance  management mod 1
Performance management mod 1
 
Function of Management
Function of ManagementFunction of Management
Function of Management
 
Coordination
CoordinationCoordination
Coordination
 

Viewers also liked

Medellín brand image sarriko 2016
Medellín brand image  sarriko 2016Medellín brand image  sarriko 2016
Medellín brand image sarriko 2016Álvaro Fierro
 
Rocket hatch : Year 3+
Rocket hatch : Year 3+Rocket hatch : Year 3+
Rocket hatch : Year 3+Rocket Hatch
 
The Transformation of a postfordist City: Case of Barakaldo (Basque Country)
The Transformation of a postfordist City: Case of Barakaldo (Basque Country)The Transformation of a postfordist City: Case of Barakaldo (Basque Country)
The Transformation of a postfordist City: Case of Barakaldo (Basque Country)Álvaro Fierro
 
Rocket Hatch Accelerator Update August 2014
Rocket Hatch Accelerator Update August 2014Rocket Hatch Accelerator Update August 2014
Rocket Hatch Accelerator Update August 2014Rocket Hatch
 
Sip+Hatch Lightning Talks May 2015
Sip+Hatch Lightning Talks May 2015Sip+Hatch Lightning Talks May 2015
Sip+Hatch Lightning Talks May 2015Rocket Hatch
 
裝備設定介紹
裝備設定介紹裝備設定介紹
裝備設定介紹a2160558
 
Rocket Hatch Update May 2015
Rocket Hatch Update May 2015Rocket Hatch Update May 2015
Rocket Hatch Update May 2015Rocket Hatch
 
Sip+Hatch July 2014
Sip+Hatch July 2014Sip+Hatch July 2014
Sip+Hatch July 2014Rocket Hatch
 
How to deal with exam stress
How to deal with exam stressHow to deal with exam stress
How to deal with exam stressLoriKRay
 
Rocket Hatch Update June 2015
Rocket Hatch Update June 2015Rocket Hatch Update June 2015
Rocket Hatch Update June 2015Rocket Hatch
 
Presentation innobasque Cultumetria
Presentation innobasque Cultumetria Presentation innobasque Cultumetria
Presentation innobasque Cultumetria Álvaro Fierro
 
World economic forum
World economic forumWorld economic forum
World economic forumJacob Ekong
 

Viewers also liked (13)

Medellín brand image sarriko 2016
Medellín brand image  sarriko 2016Medellín brand image  sarriko 2016
Medellín brand image sarriko 2016
 
Rocket hatch : Year 3+
Rocket hatch : Year 3+Rocket hatch : Year 3+
Rocket hatch : Year 3+
 
The Transformation of a postfordist City: Case of Barakaldo (Basque Country)
The Transformation of a postfordist City: Case of Barakaldo (Basque Country)The Transformation of a postfordist City: Case of Barakaldo (Basque Country)
The Transformation of a postfordist City: Case of Barakaldo (Basque Country)
 
Rocket Hatch Accelerator Update August 2014
Rocket Hatch Accelerator Update August 2014Rocket Hatch Accelerator Update August 2014
Rocket Hatch Accelerator Update August 2014
 
Sip+Hatch Lightning Talks May 2015
Sip+Hatch Lightning Talks May 2015Sip+Hatch Lightning Talks May 2015
Sip+Hatch Lightning Talks May 2015
 
裝備設定介紹
裝備設定介紹裝備設定介紹
裝備設定介紹
 
Rocket Hatch Update May 2015
Rocket Hatch Update May 2015Rocket Hatch Update May 2015
Rocket Hatch Update May 2015
 
Sip+Hatch July 2014
Sip+Hatch July 2014Sip+Hatch July 2014
Sip+Hatch July 2014
 
How to deal with exam stress
How to deal with exam stressHow to deal with exam stress
How to deal with exam stress
 
Rocket Hatch Update June 2015
Rocket Hatch Update June 2015Rocket Hatch Update June 2015
Rocket Hatch Update June 2015
 
Presentation innobasque Cultumetria
Presentation innobasque Cultumetria Presentation innobasque Cultumetria
Presentation innobasque Cultumetria
 
World economic forum
World economic forumWorld economic forum
World economic forum
 
Untitled tion
Untitled tionUntitled tion
Untitled tion
 

Similar to . Principles of management mgt

Principles of management
Principles of managementPrinciples of management
Principles of managementVishal kakade
 
UNIT-1 principles of managment-unit-1 ppt
UNIT-1 principles of managment-unit-1 pptUNIT-1 principles of managment-unit-1 ppt
UNIT-1 principles of managment-unit-1 pptKrishnavenimanickam2
 
Management ppt
Management pptManagement ppt
Management pptYen Garcia
 
Principles of management
Principles of managementPrinciples of management
Principles of managementGURNOORBRAR
 
principles and practices of management final ppt (1).ppt
principles and practices of management final ppt (1).pptprinciples and practices of management final ppt (1).ppt
principles and practices of management final ppt (1).pptYeziehalemDamtie
 
Overview of Organizational Behavior.ppt
Overview of Organizational Behavior.pptOverview of Organizational Behavior.ppt
Overview of Organizational Behavior.pptKamiBhutta
 
Introduction to management
Introduction to managementIntroduction to management
Introduction to managementStudent
 
Presentation HSMP IN 2016 E.C.ppnnncxhncxhbvctx
Presentation HSMP IN 2016 E.C.ppnnncxhncxhbvctxPresentation HSMP IN 2016 E.C.ppnnncxhncxhbvctx
Presentation HSMP IN 2016 E.C.ppnnncxhncxhbvctxTilahunTesema1
 
Management ppt 2019.pdf
Management ppt 2019.pdfManagement ppt 2019.pdf
Management ppt 2019.pdfWamikKhan2
 
KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...
KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...
KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...rockerPANTAIrockerPA
 
Chapter 1 - Managing and Manager in a Dynamic Environment
Chapter 1 - Managing and Manager in a Dynamic EnvironmentChapter 1 - Managing and Manager in a Dynamic Environment
Chapter 1 - Managing and Manager in a Dynamic EnvironmentProf. JLMoneda
 

Similar to . Principles of management mgt (20)

Principles of management
Principles of managementPrinciples of management
Principles of management
 
UNIT-1 principles of managment-unit-1 ppt
UNIT-1 principles of managment-unit-1 pptUNIT-1 principles of managment-unit-1 ppt
UNIT-1 principles of managment-unit-1 ppt
 
PPT Slides - Chap1.ppt
PPT Slides - Chap1.pptPPT Slides - Chap1.ppt
PPT Slides - Chap1.ppt
 
Management ppt
Management pptManagement ppt
Management ppt
 
Principles of management
Principles of managementPrinciples of management
Principles of management
 
Management
ManagementManagement
Management
 
principles and practices of management final ppt (1).ppt
principles and practices of management final ppt (1).pptprinciples and practices of management final ppt (1).ppt
principles and practices of management final ppt (1).ppt
 
Principles of Management
Principles of ManagementPrinciples of Management
Principles of Management
 
Overview of Organizational Behavior.ppt
Overview of Organizational Behavior.pptOverview of Organizational Behavior.ppt
Overview of Organizational Behavior.ppt
 
Introduction to management
Introduction to managementIntroduction to management
Introduction to management
 
Mba contemporaty management lect 1
Mba contemporaty management   lect 1Mba contemporaty management   lect 1
Mba contemporaty management lect 1
 
Presentation HSMP IN 2016 E.C.ppnnncxhncxhbvctx
Presentation HSMP IN 2016 E.C.ppnnncxhncxhbvctxPresentation HSMP IN 2016 E.C.ppnnncxhncxhbvctx
Presentation HSMP IN 2016 E.C.ppnnncxhncxhbvctx
 
Management ppt 2019.pdf
Management ppt 2019.pdfManagement ppt 2019.pdf
Management ppt 2019.pdf
 
Griffin chap01
Griffin chap01Griffin chap01
Griffin chap01
 
KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...
KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...
KONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-KONSEP MANAJEMENKONSEP-K...
 
Chapter 1 - Managing and Manager in a Dynamic Environment
Chapter 1 - Managing and Manager in a Dynamic EnvironmentChapter 1 - Managing and Manager in a Dynamic Environment
Chapter 1 - Managing and Manager in a Dynamic Environment
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 
Chapter 1
Chapter 1Chapter 1
Chapter 1
 

Recently uploaded

Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportMintel Group
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionMintel Group
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creationsnakalysalcedo61
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth MarketingShawn Pang
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...lizamodels9
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 

Recently uploaded (20)

Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
India Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample ReportIndia Consumer 2024 Redacted Sample Report
India Consumer 2024 Redacted Sample Report
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
Future Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted VersionFuture Of Sample Report 2024 | Redacted Version
Future Of Sample Report 2024 | Redacted Version
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Marketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet CreationsMarketing Management Business Plan_My Sweet Creations
Marketing Management Business Plan_My Sweet Creations
 
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Tech Startup Growth Hacking 101  - Basics on Growth MarketingTech Startup Growth Hacking 101  - Basics on Growth Marketing
Tech Startup Growth Hacking 101 - Basics on Growth Marketing
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In.../:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
/:Call Girls In Indirapuram Ghaziabad ➥9990211544 Independent Best Escorts In...
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 

. Principles of management mgt

  • 1.  1. Principles of Management MGT 301 Muhammad Jameel Qazi  2. Management: A Competency Base Approach  3. Methodology        Lectures Videos Cases Presentations Discussions and debates Research reports Projects  4. Webpage, Blog, Wiki, email  http://faculty.kfupm.edu.sa/MGM/jamilqaz/  http://mgt301.pbwiki.com/  http://mgt301.blogspot.com/  mgt301.072@gmail.com  5. Chapter 1 Managing in a Dynamic Environment  6. Learning Objectives    Define Managers And Management. Explain What Managers Do. Describe The Competencies Used In Managerial Work And Assess Your Current Competency Levels.  7. Introductory Concepts: What Are Managerial Competencies?  Competency – a combination of knowledge, skills, behaviors, and attitudes that contribute to personal effectiveness  Managerial Competencies – sets of knowledge, skill, behaviors, and attitudes that a person needs to be effective in a wide range of positions and various types of organizations  8. Why are Managerial Competencies Important?  You need to use your strengths to do your best  You need to know your weaknesses  You need developmental experiences at work to become successful leaders and address your weakness  You probably like to be challenged with new learning opportunities  Organizations do not want to waste human resources  Globalization deregulation, restructuring, and new competitors add to the complexity of running a business  9. A Model of Managerial Competencies (adapted from Figure 1.1) Communication Competency Teamwork Competency Planning and Administration Competency Global Awareness Competency Strategic Action Competency Self-Management Competency  10. A Model of Managerial Competencies (adapted from Figure 1.1) Communication Competency Teamwork Competency Global Awareness Competency Managerial Effectiveness Self-Management Competency Planning and Administration Competency Strategic Action Competency  11. What Is An Organization?  A formal and coordinated group of people who function to achieve particular goals  These goals cannot be achieved by individuals acting alone  An organization has a structure, discussed in depth in Chapter 11  12. Characteristics of an Organization   An organization has a structure. An organization consists of a group of people striving to reach goals that individuals acting alone could not achieve.  13. Management Organization Two or more people who work together in a structured way to achieve a specific goal or set of goals. Goals Purpose that an organization strives to achieve; organizations often have more than one goals, goals are fundamental elements of organization. The Role of Management To guide the organizations towards goal accomplishment  14. - People responsible for directing the efforts aimed at helping organizations achieve their goals. - A person who plans, organizes, directs and controls the allocation of human, material, financial, and information resources in pursuit of the organization’s goals.  15. Management  Management refers to the tasks and activities involved in directing an organization or one of its units: planning, organizing, leading, and controlling.  The process of
  • 2. reaching organizational goals by working with and through people and other organizational resources.  16.  Function: A classification referring to a group of similar activities in an organization like marketing or operations.  Functional Managers: A manager responsible for just one organizational activity such as accounting, human resources, sales, finance, marketing, or production  Focus on technical areas of expertise  Use communication, planning and administration, teamwork and selfmanagement competencies to get work done  17. (cont’d)  General Managers: responsible for the operations of more complex units—for example, a company or division  Oversee work of functional managers  Responsible for all the activities of the unit  Need to acquire strategic and multicultural competencies to guide organization  Many Other types of managers  18. Basic Managerial Functions (adapted from Figure 1.2) Organizing Leading Planning Controlling  19. Management Process and Goal Attainment  20. Management and Organizational Resources  21. Planning involves tasks that must be performed to attain organizational goals, outlining how the tasks must be performed, and indicating when they should be performed.  22. Planning  Determining organizational goals and means to reach them  Managers plan for three reasons 1. Establish an overall direction for the organization’s future 2. Identify and commit resources to achieving goals 3. Decide which tasks must be done to reach those goals  Discussed in depth in Chapter 7 & 8  23. Organizing means assigning the planned tasks to various individuals or groups within the organization and cresting a mechanism to put plans into action.  24. Organizing  Process of deciding where decisions will be made, who will perform what jobs and tasks, and who will report to whom in the company  Includes creating departments and job descriptions  25. Leading (Influencing) means guiding the activities of the organization members in appropriate directions. Objective is to improve productivity.  26. Leading  Getting others to perform the necessary tasks by motivating them to achieve the organization’s goals  Crucial element in all functions  Discussed throughout the book and in depth in Chapter 15—Dynamics of Leadership  27. 1. Gather information that measures recent performance 2. Compare present performance to pre-established standards 3. Determine modifications to meet pre-established standards  28. Controlling  Process by which a person, group, or organization consciously monitors performance and takes corrective action  Discussed in depth in Chapter 10  29. Basic Levels of Management (adapted from Figure 1.3) Top Top Managers Managers Middle Managers Middle Managers First-Line Managers First-Line Managers Nonmanagers Nonmanagers  30. Top Managers  Responsible for providing the overall direction of an organization  Develop goals and strategies for entire organization  Spend most of their time planning and leading 
  • 3. Communicate with key stakeholders—stockholders, unions, governmental agencies, etc., company policies  Use of multicultural and strategic action competencies to lead firm is crucial  31. Levels of Management  First-line Managers: have direct responsibility for producing goods or services Foreman, supervisors, clerical supervisors  Middle Managers: Coordinate employee activities  Determine which goods or services to provide  Decide how to market goods or services to customers Assistant Manager, Manager (Section Head) Top Managers: provide the overall direction of an organization Chief Executive Officer, President, Vice President    32. First-line Managers  Directly responsible for production of goods or services  Employees who report to first-line managers do the organization’s work  Spend little time with top managers in large organizations  Technical expertise is important  Rely on planning and administration, self- management, teamwork, and communication competencies to get work done  33. Middle Managers  Responsible for setting objectives that are consistent with top management’s goals and translating them into specific goals and plans for first-line managers to implement  Responsible for coordinating activities of first-line managers  Establish target dates for products/services to be delivered  Need to coordinate with others for resources  Ability to develop others is important  Rely on communication, teamwork, and planning and administration competencies to achieve goals  34. Management Level and Skills  35. Introductory Concepts: What Are Managerial Competencies?  Competency – a combination of knowledge, skills, behaviors, and attitudes that contribute to personal effectiveness  Managerial Competencies – sets of knowledge, skill, behaviors, and attitudes that a person needs to be effective in a wide range of positions and various types of organizations  36. Six Core Managerial Competencies: What It Takes to Be a Great Manager  Communication Competency  Planning and Administration Competency  Teamwork Competency  Strategic Action Competency  Multicultural Competency  Self-Management Competency  37. Communication Competency  Ability to effectively transfer and exchange information that leads to understanding between yourself and others  Informal Communication  Used to build social networks and good interpersonal relations  Formal Communication  Used to announce major events/decisions/ activities and keep individuals up to date  Negotiation  Used to settle disputes, obtain resources, and exercise influence  38.  Deciding what tasks need to be done, determining how they can be done, allocating resources to enable them to be done, and then monitoring progress to ensure that they are done  Information gathering, analysis, and problem solving from employees and customers  Planning and organizing projects with agreed upon completion dates  Time management  Budgeting and financial management  39.  Accomplishing tasks through small groups of people who are collectively responsible and whose job requires coordination  Designing teams properly involves people participate in setting goals having  Creating a supportive team environment gets people committed to the team’s goals  Managing team dynamics involves settling conflicts, sharing team success, and assign tasks that use team members’ strengths  40. Strategic Action Competency  Understanding the overall mission and values of the organization and ensuring that employees’ actions match with them  Understanding how departments or
  • 4. divisions of the organization are interrelated  Taking key strategic actions to position the firm for success, especially in relation to concern of stakeholders  Leapfrogging competitors  41. Snapshot “Sony must sell off businesses that don’t fit its core strategy of fusing gadgets with films, music, and game software. That means selling off its businesses in its Sony Financial Holdings, which are very profitable.” Howard Stringer, CEO, Sony  42. Multicultural Competency  Understanding, appreciating and responding to diverse political, cultural, and economic issues across and within nations  Cultural knowledge and understanding of the events in at least a few other cultures  Cultural openness and sensitivity to how others think, act, and feel  Respectful of social etiquette variations  Accepting of language differences  43. Self-Management Competency  Developing yourself and taking responsibility  Integrity and ethical conduct  Personal drive and resilience  Balancing work and life issues  Self-awareness and personal development activities  44. Self-Management Competency Snapshot “My strengths and weaknesses haven’t changed a lot in 51 years. The important thing is to recognize the things you don’t do well and build a team that reflects what you know the company needs.” Anne Mulcahy, CEO, Xerox  45. Learning Framework for Managing Part I: Overview of Management Part II: Managing the Environment Part III: Planning and Control Part IV: Organizing Part V; Leading