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    Nature and Concept of Management

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    Lois Hernandez
    1. Organization and management involves structuring an entity to carry out tasks to achieve shared goals and coordinating activities to achieve defined objectives. 2. The four functions of management are planning, organizing, leading, and controlling. Planning involves selecting goals and ways to attain them. 3. Effective management means organizational goals are achieved with minimal waste of resources, while efficiency means goals are achieved effectively and economically.

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    Nature and Concept of Management

    Uploaded by

    Lois Hernandez
    25 views14 pages
    1. Organization and management involves structuring an entity to carry out tasks to achieve shared goals and coordinating activities to achieve defined objectives. 2. The four functions of management are planning, organizing, leading, and controlling. Planning involves selecting goals and ways to attain them. 3. Effective management means organizational goals are achieved with minimal waste of resources, while efficiency means goals are achieved effectively and economically.

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    1. Nature and Concept of Management

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    1. Organization and management involves structuring an entity to carry out tasks to achieve shared goals and coordinating activities to achieve defined objectives. 2. The four functions of management are planning, organizing, leading, and controlling. Planning involves selecting goals and ways to attain them. 3. Effective management means organizational goals are achieved with minimal waste of resources, while efficiency means goals are achieved effectively and economically.

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    25 views14 pages

    Nature and Concept of Management

    Uploaded by

    Lois Hernandez
    1. Organization and management involves structuring an entity to carry out tasks to achieve shared goals and coordinating activities to achieve defined objectives. 2. The four functions of management are planning, organizing, leading, and controlling. Planning involves selecting goals and ways to attain them. 3. Effective management means organizational goals are achieved with minimal waste of resources, while efficiency means goals are achieved effectively and economically.

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    ORGANIZATION

    and
    MANAGEMENT
    l og y
    h od o
    Me t
    Research
    Lectures Reports

    Videos Projects

    Cases Quizzes

    Major
    Discussions
    Exams
    ORGANIZATION and MANAGEMENT

    Organization Management
    • Company, an entity, a firm, • The organization and
    corporation, conglomerate, coordination of the activities
    agency, group of a business to achieve
    … structured to carry out different defined objectives.
    task to achieve shared goals

    -BusinessDictionary.com
    1 Quality
    Ability of a product or
    service to meet customer
    Comparative needs.
    Advantage 2 Innovation
    Introduction of new product
    or services

    An economic law
    3 Speed
    Customer expect to experience a
    product or service at a swift rate
    referring to the ability of
    any given economic
    actor to produce goods
    4 Cost
    Primary concern for consumers,
    P&S must be affordable and
    and services at a lower competitive
    opportunity cost than
    other economic actors 5 Service
    need to have what they want
    when they need it
    1 • Planning select goals and ways to
    attain them

    The Four 2 • Organizing assign responsibility for


    tasks
    Functions of
    Management 3 • Leading use influence to motivate

    4
    • Controlling monitor activities
    and make
    corrections
    Functions, Roles, and Skills
    of a Manager
    Managerial Roles • Responsible for the overall
    Levels of Management -Bateman and Snell (2008)
    management of the organization
    • Establish high performance
    standard
    Top-level Top-level • Institutionalize a set of norms
    Managers
    Management and values to support
    (Senior Executives) cooperation and trust
    Middle-level
    Managers • Create the corporate purpose
    Frontline and ambition
    Managers • Ex. COO, CEO, CFO, P or VP

    Middle-level
    • They report their
    Management
    • Supervises the activities to top level
    daily managers
    operational • Ex. Director,
    activity
    Low-level Asst.Director, Regional
    • Ex. Foreman Management Director, Division
    and white collar (Frontline Managers) Managers, Deans, Branch
    supervisor Managers, Site Managers
    Management Skills
    u al Sk ill s
    Cogn itiv e a bil ity to s ee the Concept
    iz a tio n a s a w h o le and
    organ Human Relation Skills
    la ti o n sh ip a m o n g its
    the re
    part Tech
    w o r k w ith and n ical
    Ability t o Skil
    u g h o th e r p e o p le and ls
    thro
    o r k e ffe c tiv e ly as a
    to w
    group member

    a nd
    Understanding of
    proficiency in the
    c e of sp e c ifi c tas ks.
    performan
    Management Skills
    The process of working with people and
    resources to accomplish organizational goals
    effectively and efficiently

    Effectiveness
    Organizational goals are achieved.
    Efficiency
    goals are achieved with minimal waste
    of money, time materials, and people.
    ACT Strategy

    Analyze your situation


    Choose your best strategy
    Track your choice
    1. The first step in the function of management and selecting goals and ways to attain
    the objectives.
    2. A functions of management that involves communication, leadership and motivation.
    3. Means organizational goals are achived.
    4. It involves the establishment of standard performance, measurement of current
    performance, comparing it to the established standard and lastly taking corrective
    action that does not meet the standard.
    5. It motivates other people to perform specific jobs. Its is not doing the work but
    getting the work done through the effort of others.
    6. The process of working with people and resources to accomplish organizational goals
    effectively and efficiently.
    7. Introduction of new products and services
    8. Ability of product or services to meet customer needs.
    9. Establish high performance and responsible for the overall management of the
    organization.
    10. Proficiency in the performance of specific task with the use of their expertise.
    What is it like to be a manager
    Managerial Managers give up
    Activities the right to:
    • long hours • be one of the gang
    • Most time spent in oral • Put your self-interest first
    communication
    • Ask others to do things you
    • Characterized by variety,
    wouldn’t do
    fragmentation, and brevity
    • Fast paced and require a high • Vent your frustrations
    energy level to be successful • Resist change
    Management Theories

    Systems
    Chaos Theory Freedom Based Contingency
    Management
    Theory Management Management
    Theory Theory
    u l
    a t
    r
    #

    n g n s
    o i o
    C at

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