The document discusses the key functions of management which include R&D, marketing, finance, production, and HR. It then defines each function in 1-2 sentences. It also discusses the different levels of management in organizations from top managers down to first-line managers. Finally, it outlines the main functions of a manager as planning, organizing, staffing, and controlling.
This text covers Management overview and Managerial competencies . This is topic 1 under MAN 100 scope for November 2023. This module is offered by Stadio.
This text covers Management overview and Managerial competencies . This is topic 1 under MAN 100 scope for November 2023. This module is offered by Stadio.
Most lean-agile transformations are missing a critical ingredient to sustain their improvements: a Lean Management System. A Lean Management System is an approach to running an organization that can not only sustain the improvements from their lean transformation but continuously improve as well.
CHAPTER ONE
Fundamentals of Management
1.1. Definitions of Management
There is no single, comprehensive and universally accepted definition of management. This holds true due to the following major reasons among others:
Different scholars view management from different perspectives
It has many areas of applications. It is applied in profit, not for profit, private, government, social and business organizations.
Management as a discipline is recent in origin and hence there are a number of theories being added to the field.
It is so broad that it is difficult to encompass all its aspects in a single definition.
It has undergone changes because of the developments in behavioral science and quantitative techniques.
There are different approaches to management, definitions change as the environment changes. The environment of an organization changes due to changes in the political, social, economic, ethical and other factors.
The following are among the most widely accepted definitions of management:
Management is … the organ of society specifically charged with making resources productive - Peter Drucker
Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims - Koontz and Weihrich.
Management is a distinct process consisting of activities of planning, organizing, actuating and controlling, performed to determine and accomplish stated objectives with the use of human beings and other resources - Terry and Franklin.
The work involved in combining and directing the use of resources to achieve particular purposes is called management - David R. Hampton.
Management is the process of planning, organizing, leading and controlling the work of the organization members and of using all available organizational resources to reach stated organizational goals - Stoner, Freeman and Gilbert.
Management is the art of getting things done through people effectively and efficiently - Mary Parker Follett.
Effectiveness/Quality: is a way that produces a desired result.
Efficiency/Related to minimum Cost: is being capable of achieving the desired result with the minimum use of resources, time and effort.
1.2. Significance of Management
1) Encourages Initiative: Management encourages initiative. Initiative means to do the right thing at the right time without being told or influenced by the superior. The employees should be encouraged to make their own plans and also to implement these plans. Initiative gives satisfaction to employees and success to organization.
2) Encourages Innovation: Management also encourages innovation in the organization. Innovation brings new ideas, new technology, new methods, new products, new services, etc. This makes the organization more competitive and efficient.
3) Facilitates Growth and Expansion: Management makes optimum utilization of available resources. It reduces wastage and increase efficiency.
- Factors with greater impact on productivity
- Agile - Lean Organizational Model
- Agile - Lean Productivity Improvement Framework.
Ver la versión en Español aquí:
http://www.slideshare.net/xalbaladejo/cas2013-agilelean-organization-and-productivity-improvement-frameworkv30
Most lean-agile transformations are missing a critical ingredient to sustain their improvements: a Lean Management System. A Lean Management System is an approach to running an organization that can not only sustain the improvements from their lean transformation but continuously improve as well.
CHAPTER ONE
Fundamentals of Management
1.1. Definitions of Management
There is no single, comprehensive and universally accepted definition of management. This holds true due to the following major reasons among others:
Different scholars view management from different perspectives
It has many areas of applications. It is applied in profit, not for profit, private, government, social and business organizations.
Management as a discipline is recent in origin and hence there are a number of theories being added to the field.
It is so broad that it is difficult to encompass all its aspects in a single definition.
It has undergone changes because of the developments in behavioral science and quantitative techniques.
There are different approaches to management, definitions change as the environment changes. The environment of an organization changes due to changes in the political, social, economic, ethical and other factors.
The following are among the most widely accepted definitions of management:
Management is … the organ of society specifically charged with making resources productive - Peter Drucker
Management is the process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims - Koontz and Weihrich.
Management is a distinct process consisting of activities of planning, organizing, actuating and controlling, performed to determine and accomplish stated objectives with the use of human beings and other resources - Terry and Franklin.
The work involved in combining and directing the use of resources to achieve particular purposes is called management - David R. Hampton.
Management is the process of planning, organizing, leading and controlling the work of the organization members and of using all available organizational resources to reach stated organizational goals - Stoner, Freeman and Gilbert.
Management is the art of getting things done through people effectively and efficiently - Mary Parker Follett.
Effectiveness/Quality: is a way that produces a desired result.
Efficiency/Related to minimum Cost: is being capable of achieving the desired result with the minimum use of resources, time and effort.
1.2. Significance of Management
1) Encourages Initiative: Management encourages initiative. Initiative means to do the right thing at the right time without being told or influenced by the superior. The employees should be encouraged to make their own plans and also to implement these plans. Initiative gives satisfaction to employees and success to organization.
2) Encourages Innovation: Management also encourages innovation in the organization. Innovation brings new ideas, new technology, new methods, new products, new services, etc. This makes the organization more competitive and efficient.
3) Facilitates Growth and Expansion: Management makes optimum utilization of available resources. It reduces wastage and increase efficiency.
- Factors with greater impact on productivity
- Agile - Lean Organizational Model
- Agile - Lean Productivity Improvement Framework.
Ver la versión en Español aquí:
http://www.slideshare.net/xalbaladejo/cas2013-agilelean-organization-and-productivity-improvement-frameworkv30
Artificial intelligence (AI) offers new opportunities to radically reinvent the way we do business. This study explores how CEOs and top decision makers around the world are responding to the transformative potential of AI.
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Oprah Winfrey: A Leader in Media, Philanthropy, and Empowerment | CIO Women M...CIOWomenMagazine
This person is none other than Oprah Winfrey, a highly influential figure whose impact extends beyond television. This article will delve into the remarkable life and lasting legacy of Oprah. Her story serves as a reminder of the importance of perseverance, compassion, and firm determination.
Modern Database Management 12th Global Edition by Hoffer solution manual.docxssuserf63bd7
https://qidiantiku.com/solution-manual-for-modern-database-management-12th-global-edition-by-hoffer.shtml
name:Solution manual for Modern Database Management 12th Global Edition by Hoffer
Edition:12th Global Edition
author:by Hoffer
ISBN:ISBN 10: 0133544613 / ISBN 13: 9780133544619
type:solution manual
format:word/zip
All chapter include
Focusing on what leading database practitioners say are the most important aspects to database development, Modern Database Management presents sound pedagogy, and topics that are critical for the practical success of database professionals. The 12th Edition further facilitates learning with illustrations that clarify important concepts and new media resources that make some of the more challenging material more engaging. Also included are general updates and expanded material in the areas undergoing rapid change due to improved managerial practices, database design tools and methodologies, and database technology.
4. R&D = Research & Development
New product design and development
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5. Marketing
Planning and executing the conception, pricing,
promotion, and distribution of ideas, goods, and
services to create exchanges that satisfy individual and
organizational objectives
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6. Finance
Revenue, expenses, budget, financial records and
financial statements
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7. Production
Extraction and cultivation (products are obtained from
nature or grown using natural resources)
Processing (changing and improving the form of
another product)
Manufacturing (combines raw materials and processes
goods into finished products)
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8. HR = Human Resources
People who work for a business/organization
Involves in planning & staffing, performance
management, compensation & benefits, and employee
relations
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9. Management involves coordinating and overseeing
the work activities of others so that their activities are
completed efficiently and effectively.
Or Management is the art of getting work done
through others
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11. A manager is a professional who takes a leadership role
in an organisation and manages a team of employees.
Often, managers are responsible for managing a
specific department in their company. There are many
types of managers, but they usually have duties like
conducting performance reviews and making
decisions. Managers are often the line of
communication between a company's employees and
its high-level executives
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13. Traditional Pyramid Form of Management Level
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Top
Managers
Middle Managers
First-Line Managers
Non-Managerial
Employees
Functional
Areas
R&D Marketing Finance Production HR
14. First-line managers: manage the work of
nonmanagerial employees who typically are involve
with producing the organization’s products or
servicing the organization’s customer
They are often called: supervisor, shift manager,
district manager, department manager, office manager
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15. Middle managers: manage work of first-line
managers
They are often called: regional manager, project
leader, store manager, division manager
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16. Top managers: are responsible for making
organizationwide decisions and establishing the plans
and goals that affect the entire organization.
They are often called: executive vice president,
president, managing director, chief operating officer,
chief executive officer
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18. Define goals
Establish strategies for achieving those goals
Develop plans to integrate and coordinate activities
Setting goals and plans (how to achieve them)
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19. Determine
What tasks are to be done ?
Who is to do them ?
How tasks are to be grouped ?
Who reports to whom ?
Where decisions are to be made ?
Arrange tasks and other resources to
accomplish organization’s goals
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20. Motivate subordinates(lower positions)
Help resolve group conflicts
Influence individuals or teams as they work
Select the most effective communication channel
Deal with employee behavior issues
Hire, train, motivate(lead) people
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21. Monitor activities’ performance
Compare actual performance with the set goals
Evaluate activities’ performance whether things are
going as planed
Correct any disturbance to get work back on track and
achieve the set goals
Ensure all activities are accomplished as planned
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22. Technical Skills: job-specific knowledge and
techniques needed to proficiently perform work tasks
Human Skills: ability to work well with other people
both individually and in group
Conceptual Skills: ability to see the organization as a
whole, understand the relationships among various
subunits, visualize how the organization fits into its
external environment
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23. World Health Organization (WHO):
Google
Tesla
Microsoft:
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Examples of successful organizations
24. Division of Labor: Organization involves dividing
tasks and responsibilities among individuals or teams
based on their skills and expertise.
Coordination and Communication: Effective
organization requires proper coordination and
communication between different departments,
teams, and individuals.
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What are the characteristics of an organization?
25. Specialization: The organization allows individuals
to specialize in their respective areas,uses their
expertise to deliver high-quality results.
Flexibility and Adaptability: it also allows for
flexibility and adaptability to changing circumstances.
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