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Time management
key to success in mgmt. & in career
Manager
Someone who coordinates & oversees the work of other people so organizational goals can be accomplished
First-line Managers
Manages the work of non managerial employees
supervisors, shift-managers, district managers, department managers, office managers
titles of first-line managers are often:
Middle Managers
Manages the work of first-line managers
regional manager, project leader, store manager, division manager
titles of middle managers are often:
Top Managers
responsible for making the organization-wide decisions/manages the middle managemers
executive vice president, president, managing director, chief operating officer, chief executive officer
titles of top managers are often:
Organization
A deliberate arrangement of people to accomplish a specific purpose
Management
coordinating & overseeing the work activities of others so their activities are completed efficiently & effectively
Efficiency
getting the most output from the least amount of inputs(resources)/doing things right
Effectiveness
doing work activities that will result in achieving goals/doing the right things
Efficiency
Means
Effectiveness
Endsl
Low resource waste (high efficiency), & High goal attainment (high effectiveness)
Management strives for:
Planning, Organizing, Leading, & Controlling
State the four functions of mgmt.
Planning
setting goals, establishing strategic, & developing plans to coordinate activities
Organizing
determining what needs to be done, how it will be done, and who will do it
Leading
motivating, leading, & any other actions included in dealing with people
Controlling
monitoring activities, to ensure that they are accomplished as planned
Managerial Roles
specific actions or behaviours expected of & exhibited by a manager
Interpersonal Roles, Informational Roles, & Decisional Roles
State the three types of managerial roles
Interpersonal Roles
involve people in & out of the organization & other ceremonial & symbolic duties
Informational Roles
involve collecting, receiving, & disseminating information
Decisional Roles
entail making decisions/choices
figurehead, leader, & liaison
Interpersonal roles are…
monitor, disseminator, & spokesperson
Informational roles are…
entrepreneur, disturbance handler, resource allocator, & negotiator
Decisional roles are…
Technical Skills, Interpersonal Skills, & Conceptual Skills
State the three types of management skills
Conceptual skills
as a manager goes up the ranks, which managerial skill increases?
Technical Skills
as a manager goes up the ranks, which managerial skill decreases?
Human/
as a manager goes up the ranks, which managerial skill stays constant?
Distinct PURPOSE, Deliberate STRUCTURE, PEOPLE (PSP)
What are the characteristics of organization?
Distinct PURPOSE
which characteristic of organization asks “why”?
Deliberate STRUCTURE
which characteristic of organization asks “how”?
PEOPLE
which characteristic of organization asks “who”?
Adaptability
ability to change something/oneself to fit occurring changes/flexibility
fast moving consumer goods
FMCG
3000 BC - 1776
when was early management
Adam Smith in 1776
who and when division of labor
Adam Smith
who established division of labour in 1776
Division of labor
what was established in 1776 by Adam Smith
Division of labor
breakdown of jobs into narrow & repetitive tasks
Industrial Revolution
started in late 18th century when machine power was subbed for human power in early 1900s developing such theories were withdrawn
Classical Approach
emphasizes rationality & making orgs & workers as efficient as possible
1911-1947
when was the classical approach
Scientific mgmt. & General Administrative Theory
what are the two major theories that make up the classical approach
Scientific Mgmt.
defines '“one best way" for a job to be done
Frederick Winslow Taylor in 1911
who is the father of scientific mgmt. and when was it fully established?
Therbligs
a classification scheme by Frank & Lillian Gilbreth to label 17 basic hand motions
General Administrative Theory
focuses on describing what managers do & what constitutes good mgmt. practice
Henri Fayol & Max Weber
who are the founders of general administrative theory
division of work, authority, discipline, remuneration, centralization, order, initiative
State at least seven of fayol’s principles of mgmt.
Bureaucracy
a form of organization characterized by division of labor, a clearly defined hierarchy, detailed rules & regulations, & impersonal relationships
by Max Weber in the 1900s
who founded and when was bureaucracy founded
division of work, career orientation, impersonality, formal rules & regulations, authority hiearchy, and formal selection
What are the six things a bureaucracy should have?
Organizational Behavior (OB)
study of the actions of people at work
late 1700s - 1950s
when was behavioral approach
Robert Owen, Hugo Munsterberg, Mary Parker Follet, Chester Barnard
Who are the early advocates of OB
Hawthorne Studies
provided new insights into individual & group behaviors
1924/1920s & 1930s
when was Hawthorne studies
Quantitative Approach
the use of quantitative techniques to improve decision making
Total Quality Mgmt. (TQM)
a philosophy of mgmt. that is driven by continuous improvement & responsiveness to customer needs & expectations
1940s - 1950s
when was quantitative approach
1960s - present
when was contemporary approach
stystems & contingency
what are the 2 contemporary mgmt. perspectives
Systems
a set of interrelated & independent parts arranged in a manner that produces a unified whole
closed systems & open systems
what are the two basic types of systems
closed systems
not influenced by & do not interact with their environment
open systems
influenced by & do interact with their environment
contingency approach
a mgmt. approach that recognizes organizations as different, which means they face different situations & require different ways of managing
organization size, routineness of task technology, environmental uncertainty, & individual differences
what are popular contingency variables
decision
a choice among two or more alternatives
Identify a Problem
what is the 1st step in the decision making process?
Decision Criteria
defines what’s important or relevant to resolving a problem
Identify Decision Criteria
what is the 2nd step in the decision making process?
Allocate weights to the criteria
what is the 3rd step in the decision making process?
Develop Alternatives
what is the 4th step in the decision making process?
Select an Alternative
what is the 6th step in the decision making process?
Implement the alternative
what is the 7th step in the decision making process?
Evaluate Decision Effectiveness
what is the 8th step in the decision making process?
rational decision making
describes choices that are logical & consistent & maximize value
POLC
assumptions of rationality