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management
coordinating people and other resources to achieve the goals of an organization
Planning
Organizing
Leading and motivating
Controlling
four key functions of management
planning stage
The organization’s strategy is developed in the
Planning
establishes the strategy for the organization
strategic planning process
a broad guide for the company and is usually developed by top management
strategic, tactical, and operational
planning has different levels
organizing
After goal setting and planning, the manager’s second main function is
According to their level within an organization
According to their area of management
Managers can be classified in two ways:
top managers (upper), middle managers, and lower-level (frontline) managers
three general levels of management:
the strategy group, the tactical group, and the operations group
three levels of management are referred to as
organizing function of management
Classification of managers in this way is an example of the
conceptual skills, technical skills, and interpersonal skills.
The three key skills a manager needs to perform these functions are
conceptual skills
the ability to see the “big picture” and understand how the various parts of an organization or idea can fit together
technical skills
specific skills needed to accomplish a specialized activity
interpersonal skills
skills for dealing effectively with other people both inside and outside an organization; examples include the ability to relate to people, understand their needs and motives, and show genuine empathy and compassion
autocratic leadership (authoritarian)
a style of leadership where the leader makes decisions and the employees are expected to execute the decisions exactly as directed
participative leadership (inclusive)
a style of leadership where the leader consults employees before making decisions
laissez-faire leadership (free-rein)
a style of leadership where the leader provides a basic vision and the necessary resources for the team and then mainly acts as an adviser
1) Identify the problem or opportunity, 2) Gather information, 3) Incubation, 4) Illumination (then validate/implement
List the four steps of creative decision-making in order.
analytical
decision-making process is generally used when the situation is similar to something we have encountered before
5whys
A quality-control technique used to find the root cause of an issue is called the
gap analysis
compares desired outcomes with the current (actual) performance
swot analysis
a tool for identifying and evaluating a business’s strengths, weaknesses, opportunities, and threats; can be used during the strategic planning process to set goals and objectives
core competencies
approaches and processes that a company performs well that may give it an advantage over its competitors
strengths
Internal capabilities and core competencies that give the company an advantage over its competitors
positive
are strengths positive or neg
weaknesses
Internal limitations a company faces in developing or implementing plans.
weaknesses and threats
can potentially be negative for the company.
Opportunities
. External conditions in the business environment that could produce rewards for the company if properly pursued
Threats
External conditions or barriers in the business environment that could prevent the company from reaching its objectives
leadership
is the ability to influence others to work toward a common goal.
gap analysis and swot
Two tools to assess success
expert power
Many organizations’ structures use cross-functional teams. The members of these teams come from different functional areas to achieve a common task. What is the common power base that each member shares?
legitimate power
based on the formal position in the organization
referent power
based on charisma and other attractive traits
reward power
ability to offer rewards that others see as valuable to them
vision statement
ability to offer rewards that others see as valuable to them
mission statement
outlines the activities the organization is engaged in and how they help it to achieve its goals and objectives and distinguish itself from the competition
operational plans
plans that implement the tactical plans; the day-to-day plans for each functional area
contingency plans
plans that ask the “what-if” questions to develop strategies for responding to unexpected or unknown events
Coercive power
the ability to threaten negative outcomes
top managers
an upper-level executive who guides and controls an organization’s overall strategy and resources to accomplish its vision
middle managers
a manager who implements the strategy and major policies developed by upper management
lower-level (frontline) managers
a manager who coordinates and supervises the activities of operating employees (those with no employees reporting to them)
Centralized authority
decisions are concentrated at the upper levels of management.
Decentralized authority
where management consciously attempts to spread authority widely across the organization
nature of the industry and the objectives of the company.
decisions about the level of centralization depend on the
wide span
of management exists when a manager has a larger number of employees and can lead to a flatter organization.
narrow span
exists when the manager has only a few employees and can lead to a taller organization.
span of management
is the number of workers who report directly to one manager
organizational structure
is the result of the organization design process. It represents the people in the company, how they are grouped, and to whom they report.
line structure, line-and-staff structure, and matrix structure.
The three primary types of organizational structure are
Informal groups
are created by group members to accomplish goals that may or may not be relevant to the organization, and they can be very powerful forces.
grapevine
can be used to transmit information (important or gossip) through an organization much faster than through the formal communication network.
team
two or more workers operating as a coordinated unit to accomplish a specific task or goal
efficiency, control, responsiveness, and empowerment
Four objectives to consider for organization design are
function, by product, by location, and by customer.
The most common criteria for organizing a business into effective departments are by
job design
One of the first steps in organization design is
job design
deciding who will perform each of the tasks required to operate the business
Organizational structure
is the result of the organization design process.
Efficiency
the ability to complete a task using a minimum amount of resources
control
the ability to make decisions and specify how those decisions will be carried out
Responsiveness
the speed at which an organization can improve its products in response to changes in the external environment, customer feedback, employee suggestions, or competitive pressures
empowerment
the degree to which employees have the authority or power to do something, particularly to make decisions
departmentalization
the process of grouping jobs into manageable units
acquisition, development, maintenance
what does HRM consist of
Acquisition
recruiting and hiring new employees
job design
structuring the tasks and activities required to accomplish a business’s objectives into specific jobs to foster productivity and employee satisfaction and motivation
job specialization
the separation of all organizational activities into distinct tasks and the assignment of different tasks to different people
task identity
how each job contributes to the final product or result
task significance
the importance of a task and how the task affects others
decentralized organization
an organization where management consciously attempts to spread authority widely in the lower levels of the organization
centralized organization
an organization that systematically works to concentrate authority at the upper levels of the organization
organizational height
the number of layers, or levels, of management in a business
line structure
an organizational structure in which the chain of command goes directly from person to person throughout the organization
line and staff structure
an organizational structure that includes both line and staff positions
matrix structure
an organizational structure where individuals from different functional areas work on project teams
cross-functional team
a team of individuals with varying specialties, expertise, and skills that are brought together to achieve a common task
corporate culture
the inner customs, traditions, and values of an organization
Development
improving employee skills and expanding their capabilities
Maintenance
encouraging valuable employees to remain with the organization and work effectively
hrm
consists of all the activities involved in acquiring, developing, and maintaining an organization’s human resources.
equity, diversity, inclusion, and accessibility
EDIA
equity
refers to fairness.
equity
This includes removing barriers and biases to ensure that everyone has an equal opportunity.
diversity
is recognizing, valuing, and embracing differences, respecting the uniqueness of each person.
Inclusion
includes demonstrating respect for employees as well as acknowledging and valuing their contributions, talents, skills, experiences, and perspectives
acessibility
means identifying, removing, and preventing barriers, as well as implementing measures to ensure equitable and flexible opportunities.
skills inventory
a computerized database containing information on the skills and experience of all current employees
planning
acquisition phase of HRM is planning,
planning
where managers project how many employees with what skills are required to meet future needs.
job analysis
a systematic approach to determine the tasks and responsibilities of a position and qualifications needed for the job
systematic process
it is best to recruit using
orientation
it is the step that bridges the acquisition phase and the development phase
orientation
the process of acquainting new employees with an organization
Training
the process of teaching new employees how to do their jobs, or teaching existing employees how to do their jobs more effectively and efficiently
performance appraisal
e link between development and maintenance.
planning and job analysis
prepare the organization for the recruiting process
job description and job specification
The job analysis results in
Job description
what you DO