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    Manager & Management

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    jobayer_me
    Managers coordinate and oversee the work of other people to accomplish organizational goals. There are three levels of managers: first-line managers oversee non-managers, middle managers oversee first-line managers, and top managers make organization-wide decisions. The internet, globalization, knowledge management, and collaboration across boundaries are changing how management must operate in the new era. Managing for competitive advantage requires maintaining low costs, high quality, speed, and innovation. The four functions of management are planning, organizing, leading, and controlling. Effective management skills include technical, conceptual, decision making, interpersonal, and communication abilities.

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    Manager & Management

    Uploaded by

    jobayer_me
    12 views15 pages
    Managers coordinate and oversee the work of other people to accomplish organizational goals. There are three levels of managers: first-line managers oversee non-managers, middle managers oversee first-line managers, and top managers make organization-wide decisions. The internet, globalization, knowledge management, and collaboration across boundaries are changing how management must operate in the new era. Managing for competitive advantage requires maintaining low costs, high quality, speed, and innovation. The four functions of management are planning, organizing, leading, and controlling. Effective management skills include technical, conceptual, decision making, interpersonal, and communication abilities.

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    Managers coordinate and oversee the work of other people to accomplish organizational goals. There are three levels of managers: first-line managers oversee non-managers, middle managers oversee first-line managers, and top managers make organization-wide decisions. The internet, globalization, knowledge management, and collaboration across boundaries are changing how management must operate in the new era. Managing for competitive advantage requires maintaining low costs, high quality, speed, and innovation. The four functions of management are planning, organizing, leading, and controlling. Effective management skills include technical, conceptual, decision making, interpersonal, and communication abilities.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    12 views15 pages

    Manager & Management

    Uploaded by

    jobayer_me
    Managers coordinate and oversee the work of other people to accomplish organizational goals. There are three levels of managers: first-line managers oversee non-managers, middle managers oversee first-line managers, and top managers make organization-wide decisions. The internet, globalization, knowledge management, and collaboration across boundaries are changing how management must operate in the new era. Managing for competitive advantage requires maintaining low costs, high quality, speed, and innovation. The four functions of management are planning, organizing, leading, and controlling. Effective management skills include technical, conceptual, decision making, interpersonal, and communication abilities.

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    MANAGER & MANAGEMENT

    Manager is someone who coordinates and oversees the work of other people so that organizational goals and objectives can be accomplished.

    Management in all business areas and organizational activities are the acts of getting people together to accomplish desired goals and objectives.

    CLASSIFYING MANAGERS

    First-line Managers
    Individuals

    who manage the work of non-managerial employees.

    Middle Managers
    Individuals

    who manage the work of first-line managers.

    Top Managers
    Individuals

    who are responsible for making organization-wide decisions and establishing plans and goals that affect the entire organization.

    MANAGEMENT IN NEW ERA

    The Internet
    changes

    the way management must think and

    act chief Web officer will be one of the most important jobs
    will oversee information systems and strategies will create and manage business relationships via new communications technologies

    great

    companies will capitalize most fully on the Webs potential distinction between Internet and non-Internet companies is fading

    MANAGEMENT IN NEW ERA (CONTD.)

    Globalization
    isolationism

    is a thing of the past multinational enterprises have sales offices all over the world corporations use their transnational status to operate beyond the control of national governments even small firms that do not operate on a global scale must make strategic decisions based on international considerations

    MANAGEMENT IN NEW ERA (CONTD.)

    Knowledge management
    set

    of practices aimed at discovering and harnessing an organizations intellectual resources


    unlock peoples expertise, skills, wisdom, and relationships

    intellectual

    capital is the collective brainpower of the organization on the ideas of people outside the traditional company boundaries

    Collaboration across boundaries


    capitalize

    must effectively capitalize on customers brains get customers to think creatively to identify new product and service ideas

    MANAGING FOR COMPETITIVE ADVANTAGE


    Cost Competitiveness
    1-6

    Innovation

    Competitive advantage is a position of a company in a competitive landscape that allows the company earning return on investments higher than the cost of investments

    Quality

    Speed

    MANAGING FOR COMPETITIVE ADVANTAGE (CONTD.)

    Cost competitiveness
    costs

    are kept low enough so that you can realize profits and price your products at levels that are attractive to consumers key is efficiency - accomplishing goals by using resources wisely and minimizing waste

    Quality
    excellence

    of a product, including its attractiveness, lack of defects, reliability, and long-term durability importance of quality has increased dramatically must identify specific elements of quality to correct problems, target needs, and deliver world-class value

    MANAGING FOR COMPETITIVE ADVANTAGE (CONTD.)

    Speed
    often

    separates winners from losers in world competition speed became a vital requirement in the 1990s
    requirement has increased exponentially

    Innovation
    the

    introduction of new goods and services important to adapt to changes in consumer demands and to new sources of competition

    Best managers and companies delivering all four

    THE FUNCTIONS OF MANAGEMENT

    Managerial Concerns Efficiency -Doing things right Getting the most output for the least inputs Effectiveness -Doing the right things Attaining organizational goals

    THE FUNCTIONS OF MANAGEMENT (CONTD.)

    THE FUNCTIONS OF MANAGEMENT (CONTD.)


    Leading Organizing Planning Controlling

    THE FUNCTIONS OF MANAGEMENT (CONTD.)

    Planning

    specifying

    the goals to be achieved and deciding in advance the appropriate actions taken to achieve those goals delivering strategic value - planning function for the new era
    a dynamic process in which the organization uses the brains of its members and of stakeholders to identify opportunities to maintain and increase competitive advantage process intended to create more value for the customer

    Organizing
    assembling

    and coordinating the human, financial, physical, informational, and other resources needed to achieve goals the future requires building flexible organizations

    THE FUNCTIONS OF MANAGEMENT (CONTD.)

    Leading

    stimulating

    people to be high performers managers must be good at mobilizing people to contribute their ideas

    Controlling
    monitors

    progress and implements necessary changes makes sure that goals are met new technology makes it possible to achieve more effective controls

    Managers must devote attention to all four management functions

    MANAGEMENT SKILLS

    Management skills
    skill

    - specific ability that results from knowledge, information, and aptitude technical skill - ability to perform a specialized task that involves a certain method or process

    managers at higher levels rely less on technical skills

    conceptual

    and decision skills - ability to identify problems, resolve problems for the benefit of the organization
    necessary when considering the overall objectives and strategy of the organization and the interactions among its different parts assume greater importance as manager acquires more responsibility

    MANAGEMENT SKILLS (CONTD.)


    o

    interpersonal and communication skills - ability to work well with people


    o

    increasingly important in todays organizations o greater reliance on teams, information sharing, and coaching

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