Principles of management: Part 1 Management
course at the FHNW Basel major business information technology by Schuler Brido
course at the FHNW Basel major business information technology by Schuler Brido
Set of flashcards Details
Flashcards | 90 |
---|---|
Language | English |
Category | Micro-Economics |
Level | University |
Created / Updated | 08.12.2019 / 14.01.2025 |
Weblink |
https://card2brain.ch/box/20191208_principles_of_management
|
Embed |
<iframe src="https://card2brain.ch/box/20191208_principles_of_management/embed" width="780" height="150" scrolling="no" frameborder="0"></iframe>
|
Characteristics of Managers
The people responsible for supervising and making the most of an organisation's human and other resoures to achieve its goals
Characteristics of Organisations
Collections of people who work together and coordinate their ations to achieve a wide variety of goals or desired future outcomes.
Definition of management
The planning, organizing, leading and controlling of human and other resources to achieve organizational goals efficiently and effectively.
What are the four essential managerial tasks?
Planning, Organizing, Leading, Controlling
What does the task planning constist of?
1. Deciding which goal the organization will achieve
2. Deciding what strategies to adopt to attain those goals
3. Deciding how to allocate organizational resources to pursue the strategies that attain those goals.
In what does the task planning result in?
Strategy, a cluster of decisions about what goal(s) to pursue, what actions to take and how to use resources to achieve goals.
In what does the task organizing result in?
Organisation structure, a formal system of task and reporting relationships, that coordinates members to achieve goals
What does the task organizing include?
- Structuring working relationships in a way that allows organizational members to work together to achieve oganizational goals.
- It involves grouping people into departments according to the kinds of job-specific tasks they perform.
- Lays out the lines of authority and responsibility between individuals and groups.
- Decide how to organize resources, particulary human resources.
What does the task leading include?
- Articulating a clear vision and energizing and enabling organizational members so they understand the part they play in achieving oganizational goals.
- Leadership involves manager using their power, personality, influence, persuasion, and communication skills to coordinate people and groups so their activities and efforts are in harmony.
- It revolves around encouraging all employees to perform at a high level to help the organization achieve its vision and goals.
In what does the task leading results in?
Highly motivated and committed workfore
What does the task controlling include?
- Evaluation how well an organization is achieving its goals and taking action to maintain or improve performance
- To exercise control, managers must decide which goals to measure and then they must design control systems that will provide the information necesssary to assess performance
In what does the task controlling result in?
The ability to measure performance accurately and regulate organizational efficiency and effectiveness
What are the managerial roles identified by Mintzberg
Decisional, Interpersonal, Informational
What specific Roles are identifiedy by Mintzberg's Decisional type of Role.
Entrepreneur
Disturbance handler
Resource allocator
Negotiator
Give an Example of a Role Acivities from Mintzbers Entrepreneur
Commit organizatinal resources to develop innovative goods and services; decide to expand internationally to obtain new customers for the organization's products.
Give an Example of a Role Acivities from Mintzbers Disturbance handler
Move quickly to take corrective action to deal with unexpected problems facing the organization from the external evironment, such as a crisis like an oil spill, or from the internal environment, such as producing faulty goods or services.
Give an Example of a Role Acivities from Mintzbers Resource allocator
Allocate organizational resources among different tasks and departments of the organization; set budgets and salaries of middle and first-level manaers.
Give an Example of a Role Acivities from Mintzbers Negotiator
Work with suppliers, distributors, and labor unions to reach agreements about the quality and price of input, technical, and human resources; work with other organizations to establish agreements to pool resources to work on joint projects.
Give an Example of a Role Acivities from Mintzbers Figurehead
Outline future organizational goals to employees at company meetings; open a new corporate headquarters building; state the organization's ethical guidelines and the principles of behaviour empleyees are to follow in their dealings with customers and suppliers.
Give an Example of a Role Acivities from Mintzbers Leader
Provide an example for empleyees to follow; give direct commands and orders to subordinates; make decisions concerning the use of human and technical resources; mobilize empleyee support fo rspecific organizational goals.
Give an Example of a Role Acivities from Mintzbers Liaison
Coordinate the work of managers in different departments; establish alliances between different organizations to share resources to produce new goos and services.
Give an Example of a Role Acivities from Mintzbers Monitor
Evaluate the prformance of managers in differnt tasks and take corrective action to improve their performance; watch for changes occuring in the external and internal environments that may affect the organization in the future.
Give an Example of a Role Acivities from Mintzbers Disseminator
Inform employees about changes taking place in the external and internal environments that will affect them and the organization; communicate to employees the organization's vision and purpose.
Give an Example of a Role Acivities from Mintzbers Spokesperson
Launch a national advertising campaign to promote new goods and services; give a speech to inform the local community about the organization's future intentions.
What specific Roles are identifiedy by Mintzberg's Interpersonal type of Role.
Figurehead
Leader
Liaison
What specific Roles are identifiedy by Mintzberg's Informational type of Role.
Monitor
Disseminator
Spokesperson
Describe definitions of Efficiency and Effectiveness
Efficiency: A measure of how productively resources are used to achieve its goals
Effectiveness: A measure of the appropriateness of the goals on which an organization is pursuing and the degree to which the organization achieves those goals
How do you measure Organizational performance
you measure how efficiently and effectively a manager uses resources to satisfy customers and achieve organizational goals
Describe what happens when an organizational performance is low on efficiency and high on effectiveness
Low/efficiency/ High effectiveness
Manager chooses the right goals to pursue, but does a poor job of using resources to achieve these goals.
Result: A product that customers want, but that is too expensive for them to buy
Describe what happens when an organizational performance has low efficiency and low effectiveness
Low efficienc/ Low effectiveness
Manager chooses wron goals to pursue and makes poor use of resources.
Result: A low-quality product that customers do not want
Describe what happens when an organizational performance has high efficiency and low effectiveness
High efficiency/ Low effectiveness
Manager chooses inappropriate goals, but makes good use of resources to pursue these goals.
Result: A high-quality product that customer do not want.
Describe what happens when an organizational performance has high efficiency and high effectiveness
High efficiency/ High effectiveness
Manager chooses the right goals to pursue and makes good use of resources to achieve these goals
Result: A product that customers want at a quality and price that they can afford
What is a "middle manager"
A manager who supervise first-line managers and is responsible for finding the best way to use resources to achieve organizational goals
What is a "first line manager"
A manager who is responsible for daily supervision of non-managerial employees
name the tree managerial skills
Conceptual skills
Human skills
technical skills
describe the conceptual skills of a manager
The ability to analyze and diagonise a situation and to distinguish between cause and effect
Describe a managers human skills
The ability to understand, alter, lead and control the behavior of other individuals and groups.
Describe a managers technical skills
The job-specific knowledge and techniques required to perform an organizational role
Describe the core competency of a manager
The specific set of departmental skills, knowledge and experience that allows one organizational to outperfom another.
Name two recent changes for management
1. Restructuring and outsourcing.
2. Empowerment and self-managed teams