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Management
Process of planning, organizing, leading, and controlling an organization’s activities to achieve goals; considered both a science and an art.
Planning
Process of identifying objectives and the actions required to achieve them.
Organizing
Arranging resources and establishing a structure to carry out plans efficiently.
Leading
Influencing and directing people to achieve objectives; coordinating activities and motivating others.
Controlling
Monitoring and evaluating activities against plans; identifying gaps and taking corrective actions.
Four Functions of Management
Planning, Organizing, Leading, and Controlling—the core activities of management.
Efficiency
Maximizing output with minimum input; doing things right.
Effectiveness
Achieving the intended objectives; doing the right things.
Mintzberg’s Managerial Roles
A framework of ten roles categorized as Interpersonal, Informational, and Decisional.
Interpersonal Roles
Roles involving people and relationships: Figurehead, Leader, Liaison.
Figurehead
Interpersonal role involving ceremonial and symbolic duties.
Leader
Interpersonal role involving guiding, motivating, and directing subordinates.
Liaison
Interpersonal role involving networking with outsiders and coordinating with others.
Monitor
Informational role in which the manager seeks and receives information.
Disseminator
Informational role involving distribution of information within the organization.
Spokesperson
Informational role involving communication of external information.
Entrepreneur
Decisional role involving design and initiation of new opportunities.
Disturbance Handler
Decisional role dealing with crises and unexpected problems.
Resource Allocator
Decisional role deciding how to distribute organizational resources.
Negotiator
Decisional role involved in negotiating on behalf of the organization.
Levels of Management
Classification into Top Level, Middle Level, and Low Level managers.
Top-Level Management
Directors, Vice Presidents, CEOs; sets overall goals and policies.
Middle-Level Management
Department Heads, Division Managers; bridges strategy and implementation.
Low-Level Management
Supervisors and first-line managers overseeing daily operations.
Henry Ford
Pioneer of mass production; his assembly line exemplified scientific management principles.
Scientific Management Theory
Theory applying scientific methods to work design to increase efficiency; associated with Taylor, Gantt, and Gilbreths.
Frederick Winslow Taylor
Founder of scientific management and its four principles.
Four Principles of Scientific Management
Replace rule-of-thumb methods with scientifically-proven ones; scientifically select/train workers; cooperate with workers; divide work between managers and workers.
Time and Motion Study
Method to optimize tasks by analyzing the time and steps required to perform them.
Administrative Management Theory
Early 20th-century theory by Henri Fayol focusing on the administration of organizations and management functions.
Five Functions of Management (Fayol)
Planning, Organizing, Communicating, Coordinating, Controlling.
Fourteen Principles of Management
Fayol’s guidelines for organization, including division of work, authority, discipline, unity of command, and more.
Mary Parker Follet
Wrote Dynamic Organization; emphasized human elements, collaboration, and mutual problem-solving.
Max Weber
Bureaucratic theory; emphasized formalization, specialization, and hierarchical organization.
Chester Barnard
Author of The Functions of the Executive; highlighted mission, hired leadership, and organizational communication.
Human Relations Theory
Theory focusing on social factors and the human element in the workplace; Hawthorne studies led by Elton Mayo.
Elton Mayo
Researcher associated with Hawthorne Studies; highlighted the impact of social relations and work conditions on productivity.
Maslow’s Hierarchy of Needs
Theory that human needs are arranged in a hierarchy influencing behavior.
Cognitive and Aesthetic Needs
Additional needs added to Maslow’s hierarchy in 1970.
Quantitative Management Theory
Uses mathematical and statistical methods to support management decisions.
Management Science
Branch of quantitative management applying mathematics to problem solving and decision making.
Operations Management
Application of quantitative and analytical methods to design and control production processes.
Management Information System
Systematic collection and analysis of data to support decision making.
Systems Theory
Explains how interrelated parts of an organization work together toward a common purpose; open vs. closed systems.
Contingency Theory
No universal theory; organizational effectiveness depends on internal/external factors and context.
Fred Fiedler
Proponent of contingency theory; proposed contingency model linking leadership style to situational factors.
Quality Management Theory
Focus on consistency and reducing defects; emphasizes kaizen, Deming, and Juran.
Deming
Quality pioneer who promoted statistical process control and quality management; helped Japan improve manufacturing.
Juran
Quality management expert who emphasized training and organizational quality initiatives.
Kaizen
Continual, incremental improvement of processes and products.
Toyota Kaizen
Application of Kaizen principles in Toyota production to improve efficiency and quality.