Management functions and decision making

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Business Principles and Management
Chapter 11

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  • From the original idea for a business, through accumulating the best ways to use the resources, to managing people, manager are responsible for the success or failure of the company
  • Management is the process of accomplishing the goals of an organization through the effective use of people and other resources
  • Supervisors are critical to the success of a business. They work directly with employees and are responsible for translating the company’s plan into action.
  • Management functions and decision making

    1. 1. Business Management Unit Six
    2. 2. <ul><li>Define the four functions of management </li></ul><ul><li>Differentiate between management and non-management employees and the various levels of management </li></ul><ul><li>Describe the five major job responsibilities of supervisors </li></ul><ul><li>Identify how managers use information and business research in their work </li></ul><ul><li>Outline the steps in an effective decision-masking process </li></ul>
    3. 3. <ul><li>Management </li></ul><ul><li>Planning </li></ul><ul><li>Organizing </li></ul><ul><li>Implementing </li></ul><ul><li>Controlling </li></ul><ul><li>Manager </li></ul><ul><li>Supervisor </li></ul><ul><li>Executive </li></ul><ul><li>Mid-manager </li></ul><ul><li>Problem </li></ul><ul><li>Symptom </li></ul>
    4. 4. <ul><li>Planning </li></ul><ul><li>Organizing </li></ul><ul><li>Implementing </li></ul><ul><li>Controlling </li></ul>
    5. 5. <ul><li>Planning </li></ul><ul><ul><li>Analyzing information and making decision about what needs to be done </li></ul></ul><ul><li>Organizing </li></ul><ul><ul><li>Determining how plans can be accomplished most effectively and arranging resources to complete work </li></ul></ul><ul><li>Implementing </li></ul><ul><ul><li>Carrying out the plans and helping employees to work effectively </li></ul></ul><ul><li>Controlling </li></ul><ul><ul><li>Evaluating results to determine if the company’s objectives have been accomplished as planned </li></ul></ul>
    6. 6. <ul><li>Employees might plan and organized their work and may be given the responsibility of leader on a group project </li></ul><ul><li>This helps them gain experience to understand the work of manager , but </li></ul><ul><li>These employees are not managers </li></ul><ul><li>A manager completes all four functions of management on a regular basis </li></ul>
    7. 7. <ul><li>Supervisors </li></ul><ul><ul><li>First level of management in a company and often have non-management activities to perform as well </li></ul></ul><ul><li>Mid-manager </li></ul><ul><ul><li>Complete all functions but spends most of the time on planning and controlling, or is responsible for the company’s operations </li></ul></ul><ul><li>Executive </li></ul><ul><ul><li>Top level manager who spends all of his time on management functions. </li></ul></ul><ul><li>The amount of time spent on each function depends on the level of management </li></ul>
    8. 9. <ul><li>Communicate goals and directions of management to Employees </li></ul><ul><li>Explain employee concerns and ideas to management </li></ul><ul><li>Evaluate and improve employee performance </li></ul><ul><li>Encourage employees to do their best work </li></ul><ul><li>Use resources efficiently </li></ul>
    9. 10. <ul><li>Management information Systems </li></ul><ul><li>Business research </li></ul><ul><li>Decision making </li></ul>
    10. 11. <ul><li>Identify the problem </li></ul><ul><li>Determine possible solutions </li></ul><ul><li>Analyze the solutions </li></ul><ul><li>Select the best solution </li></ul>

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