Presentation on theme: "Preparing and Planning to Manage"— Presentation transcript:
1Preparing and Planning to Manage Business Organization and ManagementChapter 14
2Managers, Leaders and Teamwork This chapter will discuss how entrepreneurs organize their human resources and structure their businesses.
3EntrepreneurEntrepreneur undertakes the creation, organization and ownership of a new business.A manager is responsible for directing and controlling the work and personnel of a business or of a particular department within a business
4Performing Management Functions Four functionsPlanningOrganizingDirectingControlling
5Establishing a Positive Climate Climate is the prevailing atmosphere or attitudeA manager will want to create a climate that provides for:Growth of employees and the businessCreativity, innovation and changeProblem solving, goal development and achievementEffective communication within the business
6Three Key Elements in a Positive Business Climate Image – businesses mental picture and feelings people have when thinking about the businessTeam BuildingCommunication – process of exchanging information.Interpersonal, departmental, interdepartmental, company wide.
7Adopting a Management Style Three Management StylesPower-Oriented StyleRoutine-Oriented StyleAchievement-Oriented Style
8Power-Oriented StyleMaintain total control over their whole operation.Works in situations where employees areUntrainedInexperiencedInvolved in a crisis
9Routine-Oriented Style Achievement-Oriented StyleConcerned with keeping the operation running smoothly rather than accomplishing other goals.Middle management in a large corporationOpen to new ideas and seek out employee suggestions.Best used where managers deal directly with employees who are turning out work.
10Developing Management Skills Human Relations is the study of how people relate to each other.Communication skills include speaking, listening, writing, and negotiating, nonverbal communicationNetworking is the process of building and maintaining informal relationships with people whose friendships could bring business opportunities.
11Problem Solving and Decision Making Technical Skills MathProblem Solving and Decision MakingTechnical SkillsTime Management is the process of allocating time effectively.Conceptual Skills are skills that enable a person to understand concepts, ideas, and principles.See the relationship between the details and the “big picture.”