UNIT 1: MANAGEMENT

Management

The process used to accomplish organizational goals through planning, organizing, leading and controlling people and other organizational resources

Manager

An individual who is in charge of a certain group of tasks, or a certain area or department of business

Chief Executive Officer

The most senior manager responsible for the overall performance and success of a company

Planning

A management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives

Organizing

A management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organizational goals and objectives

Leading

Creating a vision for the organization and guiding, training, coaching and motivating others to works effectively the organization’s goals and objectives

Controlling

A management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not

accomplish

hoàn thành

authority

thẩm quyền

bestow

ban cho (onto)

tangible

hữu hình

contingent

ngẫu nhiên

terminology

thuật ngữ

visionary (a)

nhìn xa trông rộng

agile (a)

nhanh nhẹn

consultant

a person who provides expert advice to a company

crisis

a situation of danger or difficulty

innovation

a new idea or method

objective (N)

something you plan to do or achieve

promotion

when someone is raised to a higher or more important

public sector

the section of the economy under government control

strategy

a plan for achieving success

subordinate

a person with a less important position

capital

vốn

Planning

Setting aims and targets for the organization, plan for the resources

Organizing

Managing people and resources effectively towards achieving the aims of the organization

Coordinating

Bringing people and departments together so that they work towards common aims

What is a manager

An individual who is in charge of a certain group off tasks, or a certain area or department of business

What can a manager do with the subordinates when considering their performance, and behaviors

A manager has the authority and power to hire, promote, discipline and fire employees based on those behaviors and performance

What is a leader?

Is the person show their passion and personal investment in the success of his or her followers reaching their goals

Why is it possible for anyone to become a leader?

Everyone can become a leader without a formal title because the basis of leadership is on the personal qualities of the leader

How is a manager different from a leader

The primary concern of managers is to accomplish organizational goals while the leader will show passion and personal investment in the success of his or her followers reaching their goals, which may be different from organizational goals.

The employee will obey the manager, but people follow a leader, it is a voluntary choice leaders do not have to hold a management position.

What are the five common roles of a manager?

• Planning: Setting aims and targets for the organization, plan for the resources.

• Organizing: Managing people and resources effectively towards achieving the aims of the organization.

• Coordinating: Bringing people and departments together so that they work towards common aims.

• Commanding: Managers are more like to guide, lead, and supervise people than just tell them what to do.

• Controlling: Checking that the original aims are being met and appraising staff