The document discusses engineering management, which involves applying engineering principles and technical expertise to business practices and leading technical teams. It defines management and its key functions, which include planning, organizing, directing, and controlling. Engineering management combines these managerial skills with an understanding of engineering to coordinate complex technical projects. The roles of managers differ at various levels from top management that sets goals and strategy, to middle management that implements plans, to front-line supervisors focused more on technical skills and resource efficiency. Effective engineering managers require both business and technical training and experience.
Managers are responsible for overseeing organizational resources to achieve goals. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and strategies, organizing establishes the organizational structure, leading provides vision and motivation, and controlling monitors performance. Managers at different levels have varying responsibilities, from first-line managers overseeing operations to top managers establishing company-wide goals. Globalization and technology are changing management roles and requiring new skills.
Introduction to management and organizationBindu Bashini
This document defines management and outlines its key levels and functions. It provides definitions of management from Harold Koontz and discusses the three main levels of management - top, middle, and lower. For each level, it describes who makes up that level and their main roles and responsibilities. The document also outlines the main functions of management as planning, organizing, staffing, directing, and controlling. It discusses the roles of managers as interpersonal, informational, and decisional. Finally, it discusses the skills needed by managers, including technical, human, and conceptual skills.
Managers are responsible for overseeing organizational resources to achieve goals. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and strategies, organizing establishes the organizational structure, leading provides vision and motivation, and controlling monitors performance. Managers at different levels have varying responsibilities, from overseeing day-to-day operations for first-line managers to establishing company-wide goals and strategies for top managers. Modern management trends include flatter hierarchies, outsourcing, empowering employees, and self-managed teams.
1) The document discusses the topic of management, defining it as the process of achieving goals effectively and efficiently through people. It describes management functions like planning, organizing, staffing, leading, and controlling.
2) It also discusses the different levels of management from top to lower levels. Top management focuses on long-term planning while lower management handles day-to-day operations.
3) The roles and skills of managers are explained. Managers have interpersonal, informational, and decisional roles. Conceptual, technical, and human skills are important for effective managerial performance.
The document provides an introduction to management concepts including definitions of management, nature and characteristics of management, functional areas of management, levels of management, and approaches to management thought such as scientific management and administrative management. It discusses topics such as planning, organizing, staffing, directing and controlling as key functions of management. The document also outlines concepts like objectives, policies, procedures, and strategies that are important to the management process.
Management and entrepreneurship - introductionRajendra Prasad
The knowledge of management science is very much essential for an engineer
management science helps to brings together the technological problem-solving savvy of engineering
The document defines management and organizations, discusses the features and functions of management at different levels, and explores various management thinkers like Taylor, Fayol, and their contributions. It also covers managerial roles and functions, and the evolution of management thought over time from scientific management to administrative management. Overall, the document provides a comprehensive overview of the basic principles and concepts of management.
This document provides an introduction to management concepts. It defines management as a process of designing and maintaining an environment where people work together to achieve goals efficiently. The functions of managers include planning, organizing, staffing, leading and controlling. There are three levels of management - top management sets organizational goals, middle management develops departmental goals, and supervisory management handles day-to-day operations. Managerial skills include technical, human, conceptual, and design skills. Different approaches to studying management are also outlined.
Managers are responsible for overseeing organizational resources to achieve goals. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and strategies, organizing establishes the organizational structure, leading provides vision and motivation, and controlling monitors performance. Managers at different levels have varying responsibilities, from first-line managers overseeing operations to top managers establishing company-wide goals. Globalization and technology are changing management roles and requiring new skills.
Introduction to management and organizationBindu Bashini
This document defines management and outlines its key levels and functions. It provides definitions of management from Harold Koontz and discusses the three main levels of management - top, middle, and lower. For each level, it describes who makes up that level and their main roles and responsibilities. The document also outlines the main functions of management as planning, organizing, staffing, directing, and controlling. It discusses the roles of managers as interpersonal, informational, and decisional. Finally, it discusses the skills needed by managers, including technical, human, and conceptual skills.
Managers are responsible for overseeing organizational resources to achieve goals. The four main functions of management are planning, organizing, leading, and controlling. Planning involves setting goals and strategies, organizing establishes the organizational structure, leading provides vision and motivation, and controlling monitors performance. Managers at different levels have varying responsibilities, from overseeing day-to-day operations for first-line managers to establishing company-wide goals and strategies for top managers. Modern management trends include flatter hierarchies, outsourcing, empowering employees, and self-managed teams.
1) The document discusses the topic of management, defining it as the process of achieving goals effectively and efficiently through people. It describes management functions like planning, organizing, staffing, leading, and controlling.
2) It also discusses the different levels of management from top to lower levels. Top management focuses on long-term planning while lower management handles day-to-day operations.
3) The roles and skills of managers are explained. Managers have interpersonal, informational, and decisional roles. Conceptual, technical, and human skills are important for effective managerial performance.
The document provides an introduction to management concepts including definitions of management, nature and characteristics of management, functional areas of management, levels of management, and approaches to management thought such as scientific management and administrative management. It discusses topics such as planning, organizing, staffing, directing and controlling as key functions of management. The document also outlines concepts like objectives, policies, procedures, and strategies that are important to the management process.
Management and entrepreneurship - introductionRajendra Prasad
The knowledge of management science is very much essential for an engineer
management science helps to brings together the technological problem-solving savvy of engineering
The document defines management and organizations, discusses the features and functions of management at different levels, and explores various management thinkers like Taylor, Fayol, and their contributions. It also covers managerial roles and functions, and the evolution of management thought over time from scientific management to administrative management. Overall, the document provides a comprehensive overview of the basic principles and concepts of management.
This document provides an introduction to management concepts. It defines management as a process of designing and maintaining an environment where people work together to achieve goals efficiently. The functions of managers include planning, organizing, staffing, leading and controlling. There are three levels of management - top management sets organizational goals, middle management develops departmental goals, and supervisory management handles day-to-day operations. Managerial skills include technical, human, conceptual, and design skills. Different approaches to studying management are also outlined.
This document provides definitions and explanations of key management concepts. It begins by defining management as "the art of getting things done through people" and as "a process consisting of planning, organizing, actuating and controlling." It then discusses the nature and characteristics of management, functional areas of management including production, marketing, finance, and personnel, and levels of management from top to middle to front-line managers. The document also covers management theories including scientific management, administrative management, bureaucracy, and modern approaches such as quantitative, systems, and contingency theories. Finally, it addresses concepts related to the management functions of planning, organizing, staffing, directing, and controlling.
This document provides an overview of key concepts in business management including definitions of management, characteristics of management, functions of management, levels of management, and theories of management such as scientific management and McGregor's Theory X and Theory Y. It also discusses concepts such as planning, organizing, decision making, strategy and strategic planning. Specific topics covered include the planning process, types of plans, organizing formal and informal organizations, departmentation structures, and the organizing process.
New Microsoft PowerPoint Presentation.pptxpindi2197
This document provides an introduction to the concepts of management and project management. It defines management as coordinating and overseeing the work of others to accomplish goals efficiently and effectively. The key functions of management are identified as planning, organizing, leading, and controlling. Principles of management establish fundamental rules that can be applied to all organizations. A manager's role is to help others do their work by coordinating activities. Successful managers require technical, human, and conceptual skills. Finally, the document introduces project management and defines a project as a temporary endeavor to create a unique product or service.
This document provides an overview of industrial management and engineering economics. It discusses key topics such as the definition of industrial management, its functions, organizational structures, production systems, and productivity. Industrial management involves planning, organizing, staffing, directing, and controlling activities to efficiently use resources to achieve goals. The main organizational structures described are line/functional, line and staff, and matrix/project. Production systems range from job shops with low volume/high variety to continuous production. Productivity is measured as the ratio of outputs to inputs, and improving productivity increases efficiency.
The document discusses the definition and functions of management. It defines management as attaining organizational goals through planning, organizing, leading, and controlling organizational resources in an effective and efficient manner. The four management functions are described in detail. Additionally, the document outlines three types of skills important for managers - conceptual, human, and technical skills. It also differentiates between management types based on hierarchy and department and identifies ten common roles of managers.
Management involves planning, organizing, leading, and controlling organizational resources to achieve goals. The document discusses:
- Definitions of management from various perspectives
- The four main resources that organizations use: human, financial, physical, and information
- The roles and skills of managers at different levels in an organization
- Key concepts in management like productivity, effectiveness, efficiency, and the evolution of management thought
- The five main functions of all managers as planning, organizing, staffing, leading, and controlling
Management involves planning, organizing, leading, and controlling organizational resources to achieve goals effectively and efficiently. The document outlines the traditional management functions and describes the types of managers (strategic, tactical, operational), skills required of managers (technical, interpersonal, conceptual), and levels of management (first-line, middle, top). Good managers focus on both effectiveness, doing the right things, and efficiency, doing things right, to accomplish organizational objectives with minimum waste of resources.
This document provides an overview of management principles and concepts. It discusses key topics like the definition and functions of management, levels of management, management theories from early to modern approaches, and the roles and responsibilities of managers. The five main functions of management are identified as planning, organizing, staffing, directing, and controlling.
This document provides an overview of management principles and theories. It discusses classical approaches to management including scientific management by Taylor, administrative management by Fayol, and bureaucratic management by Weber. It also covers behavioral approaches, quantitative approaches, modern approaches, and the evolution of management thoughts from the industrial revolution to present times. The key functions of management are defined as planning, organizing, staffing, leading, and controlling.
- Management involves planning, organizing, staffing, leading, and controlling an organization to accomplish goals efficiently and effectively.
- There are typically three levels of management in most organizations: top-level managers who set strategy and policy; middle managers who execute plans and communicate between levels; and first-level managers who directly supervise employees and their daily tasks.
- Each level of management performs different functions to ensure the organization operates smoothly and works towards its objectives.
This document provides an overview of key concepts in management. It begins with a course outline covering chapters on introduction to management, strategic planning, human resources, marketing, and product management. It then defines management as the process of achieving goals efficiently and effectively through people. The document outlines management principles, functions including planning, organizing, staffing, leading, and controlling. It also discusses the levels of management, managerial skills and roles, and the importance of strategic planning.
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.
This document discusses key concepts in management. It begins by outlining the objectives and characteristics of management. Management involves planning, organizing, staffing, directing, and controlling organizational resources to achieve goals effectively and efficiently. The functions of management are then described in more detail. Planning involves determining objectives and methods to achieve them. Organizing involves structuring job tasks, assigning duties, and coordinating departments. Staffing involves selecting and training employees. Directing includes leadership and motivation of personnel. Controlling monitors performance and ensures it meets standards. Managerial skills such as technical, human, and conceptual are also important. Effective managers fill interpersonal, informational, and decision-making roles within an organization.
This document discusses key concepts in management. It begins by outlining the objectives and characteristics of management. Management involves planning, organizing, staffing, directing, and controlling organizational resources to achieve goals effectively and efficiently. The functions of management are then described in more detail. Planning involves determining objectives and methods to achieve them. Organizing involves structuring job tasks, assigning responsibilities, and coordinating departments. Staffing involves selecting and training employees for jobs. Directing includes leading and motivating personnel. Controlling monitors performance and provides feedback to ensure goals are met. Managerial skills like technical, human, and conceptual skills are also important for success.
This document discusses key concepts in management. It begins by outlining the objectives and characteristics of management. Management involves planning, organizing, staffing, directing, and controlling organizational resources to achieve goals effectively and efficiently. The functions of management are then described in more detail. Planning involves determining objectives and methods to achieve them. Organizing involves structuring job tasks, assigning duties, and coordinating departments. Staffing involves selecting and training employees. Directing includes leadership and motivation of personnel. Controlling monitors performance and ensures it meets standards. Managerial skills such as technical, human, and conceptual are also important. Effective managers fill interpersonal, informational, and decisional roles within an organization.
This document discusses key concepts related to management and managing organizations. It defines management as planning, organizing, leading, and controlling resources to achieve goals efficiently and effectively. Managers are responsible for supervising resources including people, skills, knowledge, equipment, and finances. Organizational performance is measured by efficiency and effectiveness in satisfying customers and achieving goals. The four main managerial functions are planning, organizing, leading, and controlling. The document also outlines types of managers, areas of management, changing hierarchies, empowerment, self-managed teams, managerial roles and skills, competencies, and challenges for management in a global environment.
The document provides an overview of principles of management. It defines management as the process of planning, organizing, staffing, directing, coordinating and controlling organizational activities. It also discusses the five main functions of management - planning, organizing, staffing, leading, and controlling. Finally, it describes the different levels of management in organizations from top level management to middle level management to lower level or supervisory management.
MGT unit 1.ppt Introduction to management concepts and managerialAartiKashid
This document provides an introduction to management concepts. It discusses the objectives and characteristics of management. The five main functions of management are planning, organizing, staffing, directing, and controlling. Planning involves determining objectives and strategies. Organizing involves structuring job tasks, assigning responsibilities, and coordinating departments. Staffing involves selecting and training employees. Directing includes motivating staff. Controlling monitors performance and provides feedback. Effective management requires technical, human, and conceptual skills. Managers fulfill interpersonal, informational, and decision-making roles. Qualities like hard work, collaboration, and learning contribute to managerial success.
This document provides definitions and explanations of key management concepts. It begins by defining management as "the art of getting things done through people" and as "a process consisting of planning, organizing, actuating and controlling." It then discusses the nature and characteristics of management, functional areas of management including production, marketing, finance, and personnel, and levels of management from top to middle to front-line managers. The document also covers management theories including scientific management, administrative management, bureaucracy, and modern approaches such as quantitative, systems, and contingency theories. Finally, it addresses concepts related to the management functions of planning, organizing, staffing, directing, and controlling.
This document provides an overview of key concepts in business management including definitions of management, characteristics of management, functions of management, levels of management, and theories of management such as scientific management and McGregor's Theory X and Theory Y. It also discusses concepts such as planning, organizing, decision making, strategy and strategic planning. Specific topics covered include the planning process, types of plans, organizing formal and informal organizations, departmentation structures, and the organizing process.
New Microsoft PowerPoint Presentation.pptxpindi2197
This document provides an introduction to the concepts of management and project management. It defines management as coordinating and overseeing the work of others to accomplish goals efficiently and effectively. The key functions of management are identified as planning, organizing, leading, and controlling. Principles of management establish fundamental rules that can be applied to all organizations. A manager's role is to help others do their work by coordinating activities. Successful managers require technical, human, and conceptual skills. Finally, the document introduces project management and defines a project as a temporary endeavor to create a unique product or service.
This document provides an overview of industrial management and engineering economics. It discusses key topics such as the definition of industrial management, its functions, organizational structures, production systems, and productivity. Industrial management involves planning, organizing, staffing, directing, and controlling activities to efficiently use resources to achieve goals. The main organizational structures described are line/functional, line and staff, and matrix/project. Production systems range from job shops with low volume/high variety to continuous production. Productivity is measured as the ratio of outputs to inputs, and improving productivity increases efficiency.
The document discusses the definition and functions of management. It defines management as attaining organizational goals through planning, organizing, leading, and controlling organizational resources in an effective and efficient manner. The four management functions are described in detail. Additionally, the document outlines three types of skills important for managers - conceptual, human, and technical skills. It also differentiates between management types based on hierarchy and department and identifies ten common roles of managers.
Management involves planning, organizing, leading, and controlling organizational resources to achieve goals. The document discusses:
- Definitions of management from various perspectives
- The four main resources that organizations use: human, financial, physical, and information
- The roles and skills of managers at different levels in an organization
- Key concepts in management like productivity, effectiveness, efficiency, and the evolution of management thought
- The five main functions of all managers as planning, organizing, staffing, leading, and controlling
Management involves planning, organizing, leading, and controlling organizational resources to achieve goals effectively and efficiently. The document outlines the traditional management functions and describes the types of managers (strategic, tactical, operational), skills required of managers (technical, interpersonal, conceptual), and levels of management (first-line, middle, top). Good managers focus on both effectiveness, doing the right things, and efficiency, doing things right, to accomplish organizational objectives with minimum waste of resources.
This document provides an overview of management principles and concepts. It discusses key topics like the definition and functions of management, levels of management, management theories from early to modern approaches, and the roles and responsibilities of managers. The five main functions of management are identified as planning, organizing, staffing, directing, and controlling.
This document provides an overview of management principles and theories. It discusses classical approaches to management including scientific management by Taylor, administrative management by Fayol, and bureaucratic management by Weber. It also covers behavioral approaches, quantitative approaches, modern approaches, and the evolution of management thoughts from the industrial revolution to present times. The key functions of management are defined as planning, organizing, staffing, leading, and controlling.
- Management involves planning, organizing, staffing, leading, and controlling an organization to accomplish goals efficiently and effectively.
- There are typically three levels of management in most organizations: top-level managers who set strategy and policy; middle managers who execute plans and communicate between levels; and first-level managers who directly supervise employees and their daily tasks.
- Each level of management performs different functions to ensure the organization operates smoothly and works towards its objectives.
This document provides an overview of key concepts in management. It begins with a course outline covering chapters on introduction to management, strategic planning, human resources, marketing, and product management. It then defines management as the process of achieving goals efficiently and effectively through people. The document outlines management principles, functions including planning, organizing, staffing, leading, and controlling. It also discusses the levels of management, managerial skills and roles, and the importance of strategic planning.
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.
This document discusses key concepts in management. It begins by outlining the objectives and characteristics of management. Management involves planning, organizing, staffing, directing, and controlling organizational resources to achieve goals effectively and efficiently. The functions of management are then described in more detail. Planning involves determining objectives and methods to achieve them. Organizing involves structuring job tasks, assigning duties, and coordinating departments. Staffing involves selecting and training employees. Directing includes leadership and motivation of personnel. Controlling monitors performance and ensures it meets standards. Managerial skills such as technical, human, and conceptual are also important. Effective managers fill interpersonal, informational, and decision-making roles within an organization.
This document discusses key concepts in management. It begins by outlining the objectives and characteristics of management. Management involves planning, organizing, staffing, directing, and controlling organizational resources to achieve goals effectively and efficiently. The functions of management are then described in more detail. Planning involves determining objectives and methods to achieve them. Organizing involves structuring job tasks, assigning responsibilities, and coordinating departments. Staffing involves selecting and training employees for jobs. Directing includes leading and motivating personnel. Controlling monitors performance and provides feedback to ensure goals are met. Managerial skills like technical, human, and conceptual skills are also important for success.
This document discusses key concepts in management. It begins by outlining the objectives and characteristics of management. Management involves planning, organizing, staffing, directing, and controlling organizational resources to achieve goals effectively and efficiently. The functions of management are then described in more detail. Planning involves determining objectives and methods to achieve them. Organizing involves structuring job tasks, assigning duties, and coordinating departments. Staffing involves selecting and training employees. Directing includes leadership and motivation of personnel. Controlling monitors performance and ensures it meets standards. Managerial skills such as technical, human, and conceptual are also important. Effective managers fill interpersonal, informational, and decisional roles within an organization.
This document discusses key concepts related to management and managing organizations. It defines management as planning, organizing, leading, and controlling resources to achieve goals efficiently and effectively. Managers are responsible for supervising resources including people, skills, knowledge, equipment, and finances. Organizational performance is measured by efficiency and effectiveness in satisfying customers and achieving goals. The four main managerial functions are planning, organizing, leading, and controlling. The document also outlines types of managers, areas of management, changing hierarchies, empowerment, self-managed teams, managerial roles and skills, competencies, and challenges for management in a global environment.
The document provides an overview of principles of management. It defines management as the process of planning, organizing, staffing, directing, coordinating and controlling organizational activities. It also discusses the five main functions of management - planning, organizing, staffing, leading, and controlling. Finally, it describes the different levels of management in organizations from top level management to middle level management to lower level or supervisory management.
MGT unit 1.ppt Introduction to management concepts and managerialAartiKashid
This document provides an introduction to management concepts. It discusses the objectives and characteristics of management. The five main functions of management are planning, organizing, staffing, directing, and controlling. Planning involves determining objectives and strategies. Organizing involves structuring job tasks, assigning responsibilities, and coordinating departments. Staffing involves selecting and training employees. Directing includes motivating staff. Controlling monitors performance and provides feedback. Effective management requires technical, human, and conceptual skills. Managers fulfill interpersonal, informational, and decision-making roles. Qualities like hard work, collaboration, and learning contribute to managerial success.
Similar to Week_12 _ Engineering Management .pdf (20)
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Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
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2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
3. Engineering is the application of laws of Mathematics and
natural sciences to transform the scarce resources of nature for
the benefit of human race. These resources include every thing
from ores and crops to information and energy
Engineering is the application of scientific, economic,
social, and practical knowledge in order to invent, design,
build, maintain, and improve structures, machines, devices,
systems, materials and processes.
4. According to Follet management is defined as:
◦ The art of getting things done through the efforts of
other people.
George R Terry defines management as:
◦ “a process consisting of planning, organizing,
actuating and controlling performed to determine
and accomplish the objectives by the use of people
and resources”.
According to Donald J Clough:
◦ “Management is the art and science of decision
making and leadership”.
5. A set of activities (including planning, organizing,
leading and control) directed at an organization's
resources (human, financial, physical and
informational) with the aim of achieving
organizational goals in an efficient and effective
manner
Successful engineering managers typically
require training and experience in business
and engineering.
6. Efficiency is the ability to get things done
correctly and is a mathematical concept.
An efficient manager is one who achieves higher
outputs(results, productivity, performance) relative
to the inputs(labor, materials, money, machines,
and time) needed to achieve them
Managers who can minimize the cost of the
resources used to attain a given output are
considered efficient.
7. Effectiveness is the ability to do the right things or
to get things accomplished.
This includes choosing the most appropriate
objectives and the proper methods of achieving the
objectives.
Effective managers select the right things to do and
the right method for getting them done.
8.
9. Engineering Management is a specialized form
of management that is concerned with the application
of engineering principles to business practice.
Engineering management is the fusion of business and
engineering principles
Engineering management is the discipline where engineers
combine management skills with technical expertise to coordinate
work in various technical fields such as product design,
development, and manufacturing.
10. Engineering management is a process of leading
and controlling a technical function/enterprise.
Engineering management is similar to other
definitions of management, but with a slant toward
technical issues.
11. What Engineers Do What Managers Do
Minimize risk Take calculated risks
Emphasize accuracy and mathematical
precision
Rely heavily on intuition, take educated
guesses, and try to be "about right"
Exercise care in applying sound
scientific methods on the basis of
reproducible data
Exercise leadership in making
decisions under widely varying
conditions based on sketchy
information
Solve technical problems based on
their own individual skills
Solve techno-people problems based
on skills in integrating the talents of
others
Work largely through their own abilities
to get things done
Work through others to get things done
12. Position Engineer Manager
Focus More concerned with
things technical/scientific
More concerned with
people
Decision making Makes decisions with
much information, under
conditions of greater
certainty
Makes decisions often
with inadequate
information, under
conditions of greater
uncertainty
Involvement Works on tasks and
problems solving
personally
Directs the work of
others to goals
Process outcomes Work based on facts with
quantifiable outcomes
Work based on fewer
facts, less measurable
outcomes
Effectiveness Depends on person
technical expertise,
attention to detail,
mathematical/technical
problem solving, and
decision making
Depends on
interpersonal skills in
communication, conflict,
management, getting
ideas across,
negotiating, and
coaching
13.
14. In modern society, we are specialists
◦ We have expertise in a very narrow area
◦ We rely on others for everything else
◦ Relationships enable success
Your ability to deal with people determines
your success as a manager
15. There is a growing need for engineers who:
◦ effectively interact and communicate with people,
◦ effectively work in teams, and
◦ apply critical thinking skills to solve real-world
problems.
◦ Put people first, technology second.
Engineering Management develops leaders who have these
skills and are comfortable with the language and methods of
engineering, business, and technology.
16. A function is a group of similar activities.
Some management experts classify these functions
into four types and others classify into five types
and some others classify them as seven items.
Some of the management functions can be
combined into one. For example, leading,
motivating, communicating and commanding may
be combined into a single function namely
directing.
19. Planning is the primary function of management.
Planning is future oriented and determines the
direction in which the organization is to move.
It determines in advance what should be done.
Planning involves determining :
◦ why to take action?
◦ What action?
◦ How to take action?
◦ When to take action?
Planning involves determination of specific
objectives, programs, setting policies, strategies,
rules and procedures and preparing budgets.
20. Organization is defined as two or more people
working together in a coordinated manner to
achieve group results.
◦ Organization consists of conscious coordination of people
towards a desired goal.
◦ A group of people working together in a structured and
coordinated fashion to achieve a set of goals.
◦ Organizing is the process of participating formal
relationships among people and resources to accomplish
goals
21. Once the managers have established objectives and
developed plans to achieve them, they must design
and develop a human organization that will be able
to carry out those plans successfully
Organizing involves:
◦ Dividing work into convenient tasks or duties
◦ Grouping of such duties in the form of positions
◦ Grouping of various positions into departments and
sections,
◦ Assigning duties to individual positions and
◦ Delegating authority to each position so that the work
is carried out as planned.
22. Staffing involves managing various positions of the
organizational structure.
Staffing involves selecting and placing the right
person at the right position.
Staffing includes:
◦ Identifying the gap between manpower required and
available.
◦ Identifying the sources from where people will be
selected.
◦ Selecting and Training people
◦ Fixing the financial compensation and appraising
them periodically.
23. Also called “leading”, “directing”, “motivating”,
“activating” and so on.
Directing involves these sub functions:
◦ Communicating: It is the process of passing
information from one person to another.
◦ Leading: It is a process by which a manager guides
and influences the work of his subordinates.
◦ Motivating: It is arousing desire in the minds of
workers to give their best to the enterprise.
24. Control is the process of checking to determine
whether or not proper progress is being made
towards the objectives and goals and acting if
necessary to correct any deviations.
Control involves three elements:
◦ Establishing standards of performance.
◦ Measuring current performance and comparing it
against the established standard.
◦ Taking action to correct any performance that does
not meet those standards.
25.
26. People: A manager has the labor force, or
employees, skilled and unskilled, assigned to him in
his department or section
Machinery: The machinery, buildings, tools, plants
and equipment, that are needed by the labor force to
complete the work.
Materials: Material that go into the product or
service and are consumed while making it, for
example wires, poles, transformers, network
components etc.
Capital: Money is the capital needed to purchase
machinery, equipment and material needed to do
the work, as well as to pay the salaries of the
employees
28. People in an organization are arranged in an
hierarchy and they all have the relationship of
superior-subordinates.
Every manager in an organization performs all five
management functions.
The relative importance of these functions varies
along the managerial levels.
Management levels are generally classified into
three categories:
◦ Top Management,
◦ Middle Management and
◦ Supervisory/Lower Level
29.
30. Conceptual Skill: The mental ability to acquire,
analyze, and interpret information received from
various sources and to understand the relationship
of the parts of the whole, and conversely, to
understand the whole by breaking it into parts
Human Skill: The ability to understand, motivate
and get along with other people
Technical Skill: The ability to use specific
knowledge, methods or techniques in performing
work.
31.
32. Top level management determines goals and
objectives.
Performs overall planning, organizing, staffing,
directing and controlling.
Integrates organization with environment.
Balances the interest groups and is responsible for
overall results.
Top Level Management require more conceptual
skills than other levels of management.
33. Middle level management stands between top
management and supervisory management level.
Middle level management establishes programs for
department and carries out functions for achieving
specific goals.
The other functions of middle level management
are training and development of employees,
integrating various parts of the department.
34. Supervisory management is concerned with
efficiency in using resources of the
organization.
A supervisor is an executor of policies and
procedures making a series of decisions with
well-defined and specified premises.
For supervisory level managers technical
skills are more important.
35. Level Type of Job
First-line Managers
Directly supervise non-managers.
Carry out the plans and objectives of higher management using
the personnel and other resources assigned to them.
Short-range operating plans governing what will be done
tomorrow or next week, assign tasks to their workers, supervise
the work that is done, and evaluate the performance of individual
workers.
Middle Management
Manage through other managers.
Make plans of intermediate range to achieve the long-range goals
set by top management, establish departmental policies, and
evaluate the performance of subordinate work units and their
managers.
Provide and integrating and coordinating function so that the
short-range decisions and activities of first-line supervisory
groups can be orchestrated toward achievement of the long-range
goals of the enterprise.
Top Management
Responsible for defining the character, mission, and objectives of
the enterprise.
Establish criteria for and review long-range plans.
Evaluate the performance of major departments, and they evaluate
leading management personnel to gauge their readiness for
promotion to key executive positions.