Presentation on theme: "Learning Objectives 1.1 Describe the management process and why it is important. 1.2 Identify and differentiate between the levels of management in an."— Presentation transcript:
2Learning Objectives1.1 Describe the management process and why it is important.1.2 Identify and differentiate between the levels of management in an organization.1.3 Describe the key principles of management and explain how they contribute to managerial success.1.4 Identify the key characteristics and competencies that managers should possess.1.5 Describe the criteria used to measure managerial performance.1.6 Differentiate between internal and external factors that impact the work of managers.1.7 Identify influential thought leaders and their contributions to the management profession.
4Management is the process of obtaining, deploying and utilizing a variety of essential resources in support of an organization’s objectives.
5Manager or Supervisor – What’s the Difference? Manager – An individual who plans, organizes, staffs, directs and controls the work of others in an organization.Supervisor – A type of manager who is in charge of, and coordinates the activities of, a group of employees engaged in related activities within a unit of an organization. Supervisors typically manage non-managerial employees.Supervisors perform the same functions (planning, organizing, staffing, directing, and controlling), to a greater or lesser degree, as all other managers in an organization.
65 Skills of the Management Process Planning – setting goals and objectives and converting them into specific plans.Organizing – lining up available resources, designing the structure of the department, and dividing the work into jobs.Staffing – determining the number and kinds of employees needed, then interviewing, selecting, and training employee to fill needs.Leading – providing motivation, direction, and leadership.Controlling – measuring results and making adjustments when actual results vary from expected.
8How are Managerial Levels Different? Executives – top level managers who establish broad plans, objectives, and strategies for the business.Middle Managers – plan and implement programs to carry out the objectives set by executives by directing supervisory managers.Supervisory Managers – plan and direct the work of non-managerial employees at the operational level of the organization.First-level managers typically have only nonmanagerial employees reporting to them.Second-level managers typically supervisors and nonmanagerial employees reporting to them.
10Managers become managers by thinking and acting like managers. They: Take a professional, disciplined approach to the work environment.Think in a systematic way.Approach work positively, rather than passively.Accept responsibility for improving operations.Make task assignments.Solve problems and make decisions.Understand their involvement in complex organizational activities.
11Newly Appointed Manager Tips Accept relationships with co-workers will be different .Recognize that change can create problems, and that change should be introduced slowly and carefully.Don’t play favorites among employees.Do your homework in order to provide a factual basis for decisions.Invite and encourage knowledgeable employees to take initiative.Communicate in all directions.Don’t be afraid to ask for help.Take care of yourself– mentally, emotionally and physically.
12Management Principles Work should be divided so that each person performs a specialized portion. This is called division of workManagers have the right to give orders and instructions, but must accept responsibility for having the work done right.Managers are responsible for discipline and morale, but they must also offer something of value.An individual should have only one boss. This is called unity of command.There should be one master plan or set of overriding goals. This is called unity of direction.
13Management Principles - continued All individuals, especially managers, must place their interests second to those of the organization.Pay and rewards should reflect a person’s efforts and contributions to the organization.Instructions should flow down a chain of command from the higher manager to the lower one.Employees should be treated equally and fairly. This is called equity.Managers should encourage initiative among employees.
14Managerial Job RolesTechnical Skills – job know-how; knowledge of the industry and its particular processes, equipment, and problems.Administrative Skills – knowledge of the entire organization and how it is coordinated, knowledge of its information and records system, capacity to interact with key constituents (often called stakeholders), and ability to plan and control work.Interpersonal Skills – knowledge of human behavior and the ability to work effectively with individuals and groups – peers and superiors as well as subordinates.
16Where Do New Managers Come From? Three out of four managers are promoted from within:Long Service (have held many jobs).Much more education than those they supervise.The best and most experienced employees.Of the managers that are not promoted from within:Ten percent are hired from college or a technical school after completing company-sponsored training.Fifteen percent are hired from another company.
17Most Sought After Qualities in Managers Job Related Technical CompetenceCareer-related CompetencePersonal CharacteristicsJob knowledgeProblem solvingIntegrity and credibilityGrasp of financial informationDecision makingTenacity, dedication, and perseveranceResults orientationCommunicationFlexibilityLeadershipRisk-taking propensityRapid and willing learnerWillingness to take initiativeAbility to adapt to changeTolerance for stressCapacity to build a cohesive teamPositive attitudeDemonstrated ability to get along with peopleDependability and reliabilityCapacity to present oneself professionally in publicCreativityEthics and valuesEnergy and good health
19How is Managerial Performance Judged? Management of ResourcesFacilities and EquipmentInformation TechnologyHuman ResourcesMoneyAttainment of ResultsQuantityQuality and WorkmanshipCosts and Budget ControlManagement of Human Resources
21Today’s Managerial Pressures Technology, existing and changingLegal RestrictionsOrganizational policies and proceduresPressures for meeting quality, quantity, cost control goalsEmployee expectations for work-life balance, job controlGlobalizationChanges in the workforceEconomic uncertainty
23Frederick W. Taylor (1856 – 1915)“The father of scientific management”Recognized for:Analyzing work tasks to find “one best way” to perform and teaching people that wayDeveloping the time and motion study as a metric for efficiency and productivityImpacting quality standards
24Dale Carnegie (1888 – 1955)Known for his famous courses which provide a common sense approach to self-improvement, salesmanship, and public speaking.Authored one of the most popular books in history, How to Win Friends and Influence PeopleTaught millions how to achieve self-confidence and well-hones interpersonal skills.His simple, effective techniques have proven enduring and become part of the American culture.
25Dale Carnegie (1888 – 1955) Rules on how to win friends include: Show a genuine interest in other peopleBe happy and positiveRemember that people love hearing the sound of their own nameListen to other people and develop good listening skillsTalk about others’ interests rather than your ownGive others a sincere sense of their importance.
26Dale Carnegie (1888 – 1955) Rules on how to influence people include: To get the best of a situation, avoid arguments.Always listen to others’ opinions and never tell anyone they are wrong.Admit if you are wrong.Show friendliness.Make statements that the other person can agree with.Let the other person talk more than you.
27Dale Carnegie (1888 – 1955)More of Carnegie’s rules on how to influence people:Make the other person feel that an idea is their own.See the other person’s point of view.Show empathy for others’ ideas and desires.Infuse some drama into your ideas.Appeal to the better nature of others.Finish with a challenge.
28W. Edwards Deming (1900 – 1993)Credited with improving production in the US by applying statistical methods to enhance product design, quality, testing and global sales.Often referred to as the “father of quality.”Recognized for:Defining quality: Quality = Results of work efforts/ Total costsThe Deming System of Profound KnowledgeJump starting quality movement at Ford Motor Company
29Peter F Drucker (1909 – 2005)“Invented” management as a discipline worthy of studyGave management of large firms the essential tools to deal with enormity, complexity, and growing global reach.Often referred to as the “father of management theory and organizational practice.”Predicted many major developments of the 20th century.
30Peter F Drucker (1909 – 2005) Recognized for: Popularizing the system of goal setting called “Management by Objectives (MBO)”Coining the term “knowledge worker”Viewing employees as “assets or resources” and not liabilitiesBelieving that “managers cannot motivate people because people motivate themselves”
31C.K. Prahalad (1941 – 2010)Known globally and consulted by the top management of many of the world’s foremost companiesResearched corporate strategy and the role of top management in large, multinational corporations.Coined the term “core competency.”Promoted the role business can play in tackling world poverty.
33Ken BlanchardKnow for the Hersey-Blanchard Situational Leadership Model:Leaders and managers should be flexible and adjust their leadership style according to the readiness of their followers and employees.Readiness:The extend to which a follower possesses the ability and willingness to complete a task.Employees with high readiness require a different leadership style than those with low readiness.Not strongly supported by scientific research.
34Marcus BuckinghamWorked to uncover the key drivers of great performance and the factors that differentiate high performing teams.Conceived the strengths-based approach to management.Noted Publications:First Break all the Rules (1999)Now Discover Your Strengths (2001)One Thing You Need to Know (2005)Go Put Your Strengths to Work (2007)The Truth About You (2008)
35Jim C. CollinsResearched how companies grow, how they attain superior performance, and what takes a company from “good to great.”Found that an average company can become great by focusing on its field of competence and implementing “level 5 leadership.”Level 5 leadership – leadership by persons who possess humility and a fearless drive to succeed.
36Stephen R. CoveyAuthored one of the most influential self-help books of the 20th century, The Seven Habits of Highly Effective People.Identified Seven Habits shared by all truly effective people which can be learned and lead to personal success:Be proactiveBegin with the end in mindPut first things firstSeek to understand, then be understoodThink win/winSynergizeSharpen the saw
37John P. KotterExplores the new rules of leadership and the importance of lifelong learning.Developed the Eight Step method for leading change:Establish a sense of urgencyCreate the guiding coalitionDevelop a vision and strategyCommunicate the change visionEmpower broad based actionGenerate short-term winsConsolidate change and produce more changeAnchor new approaches to the culture
38John MaxwellCommitted to developing leaders of excellence and integrity.Leadership learning is a daily commitment to leading with integrity, discipline, vision, and experience.Guiding philosophy: “everything rises and falls on leadership.”The traits that are the raw material of leadership can be acquired.Maxwell’s Five Levels of Leadership:PositionPermissionProductionPeople DevelopmentPersonhood
39Henry MintzbergPromotes educating managers with action learning and problem solving.His theory on Organization Forms describes the six parts of an organization:The strategic apex (top management)Middle line (middle management)Operating core (operations)Technostucture (systems and processes)Support staffIdeology (norms, values, and culture)A strong advocate against management as a science.
40Tom J. PetersLed the way in preparing management for an era of staggering change, starting in the mid-1970s.Focuses on basic drivers of business success, rather than “just the numbers.”Advocates change and reinvention.Recognized for:The pursuit of excellencePassionate leadershipAcquiring and developing the best talent
41Peter SengePopularized techniques for stimulating problem solving and creative thinking among managers.Recognized for:Developing the concept of a “learning organization” as a dynamic system in a constant state of adaptation and improvement.Adopting “systems thinking” as the cornerstone of the learning organization.Promoting shared vision as a framework for addressing problems and opportunities.
42Jack Welch Former Chief Executive Officer (CEO) of General Electric Has been described as the greatest manager in modern times.Defines successful leaders as those who “grow others” and cautions leaders about the real purpose of their job – to focus on employees, not themselvesRecognized for his management philosophies:Managing less is better. Don’t get bogged down in over managingManage by creating a vision – them make sure that employees run with that vision.Lead, don’t manage, then get out of the way. Let employees do their jobs without interferenceInstill confidence. Treat employees with respect in order to build their confidence in your leadership.