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    An Introduction to Management

    Managing and the ManagersJob

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    Someone whose primary responsibility is to carry out

    the management process. Plans and makes decisions, organizes, leads, and

    controls human, financial, physical, and informationresources.

    What is a Manager? 12

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    Plan:

    A manager cannot operate effectively unless he or she has long range plans.

    Organize

    When there is more than one employee needed to carry out a plan, then

    organization is needed. Lead

    Find methods how to motivate the employees

    Control

    Develop a method to determine what has been and what still must be done.

    The Managers Job 13

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    A basic management function involving formulation of one or moredetailed plans to achieve optimum balance of need or demands andavailable resources. The planning process identifies the goals orobjectives to be achieved, formulates strategies to achieve them.

    Planning

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    Arranging several elements into a purposeful order or structure to carryout the plan. It determines how activities and resources have to begrouped.

    Organizing

    A set of processes used to get member of the organization to work togetherto further the interests of the organization.

    Leading

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    Monitoring the organizational progress towards its goals. Ensuring thatthe company performs in such a way as to arrive at its goal at theappointed time

    Controlling

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    What is the difference between:

    I will finish my bachelor with an A

    I will do my best to survive the class

    I will finish my project till 15:00

    I will work on my project

    Result orientation as a prerequisite for

    managers

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    What is the result I want to create here at university?

    What is needed to get there?

    Questions are the keys to success

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    Read about the things you want to know

    Write down what you want to know and what you have learned

    Repeat, Repeat and repeat

    Have discipline learn every day

    Learn short, but often Learning in a group can facilitate knowledge

    Make memory cards

    How to learn best?

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    A group of people workingtogether in a structured

    and coordinated fashionto achieve a set of goals.

    What Is an Organization?1

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    What needs to be managed?

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    A resourceis a source from which benefit is produced

    Resources have three main characteristics:

    Utility

    Limited availability

    A potential for depletion of consumption

    What is a resource?

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    Types of Organizational Resources1

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    Physical

    Resources

    Human

    Resources

    Information

    Resources

    Financial

    Resources

    Organizational

    Resources

    Classical economy recognizes three categories of resources: land, labor, and capital

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    Human resources

    Managerial talent and labor

    Financial resources

    Capital investments to support ongoing and long-termoperations

    Physical resources

    Raw materials; office and production facilities, andequipment

    Information resources

    Usable data, information linkages

    Organizational Resources1

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    Organization

    Human

    Resources

    Financial

    Resources

    Physical

    Resources

    Information

    Resources

    Royal Dutch/Shell Group

    Drillingplatform

    workers

    Corporate

    executives

    ProfitsStockholder

    investments

    RefineriesOffice buildings

    Sales forecastsOPEC

    proclamations

    Michigan State

    University

    Faculty

    Administrative

    staff

    Alumni

    contributions

    Governmentgrants

    Computers

    Campus facilities

    Research reports

    Government

    publications

    New York City Police officers

    Municipal

    employees

    Tax revenue

    Government

    grants

    Sanitation

    equipment

    Municipal

    buildings

    Economic

    forecasts

    Crime statistics

    Susans Corner

    Grocery Store

    Grocery clerks

    Bookkeeper

    Profits

    Owner

    investment

    Building

    Display shelving

    Price lists from

    suppliers

    Newspaper ads

    for competitors

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    Efficiancy is the comparions of what is actually produced or performedwith what can be achieved with the same consumption of resources(money, time labor) Doing the things right.

    Effektiveness is the degree to which obejctives are achieved and the extentto which targeted problems are solved. Doing the right things

    Efficient means using resources wisely and without unnecessary waste.

    Effective means doing the right things successfully.

    Efficiancy vs Effectiveness

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    The Basic Purpose of Management1

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    EFFICIENTLYUsing resources wisely and

    in a cost-effective way

    EFFECTIVELYMaking the r igh t decis ions andsuccessfu l ly implement ing them

    And

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    A set of activities

    planning and decision making,organizing, leading, and controlling

    directed at an organizations resources

    human, financial, physical, andinformation

    with the aim of achieving organizational goals in an efficientand

    effectivemanner.

    What is Management?1

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    1

    20The Management Process

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    Planning and Decision Making:Determining goals and courses of action

    Organizing:Coordinating activities and resources

    Leading:Motivating and managing people

    Controlling:Monitoring and evaluating activities

    The Management Process1

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    The Manager types

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    Kinds of Managers byLevel and Area

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    Top Managers

    are the small group of executives who manage the overall organization. Theycreate the organizations goals, overall strategy, and operating policies.

    Middle Managers

    are primarily responsible for implementing the policies and plans of topmanagers. They also supervise and coordinate the activities of lower levelmanagers.

    First-Line Managers

    supervise and coordinate the activities of operating employees.

    Kinds of Managers by Level1

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    Kinds of Managers by Area1

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    Human Resources

    Managers

    Administrative

    Managers

    Specialist

    Managers

    Kinds ofManagers

    by Area

    Marketing

    Managers

    Financial

    Managers

    Operations

    Managers

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    Marketing Managers

    work in areas related to getting consumers and clients to buythe organizations products or servicesnew productdevelopment, promotion, and distribution.

    Financial Managers

    deal primarily with an organizations financial resourcesaccounting, cash management, and investments.

    Operations Managers

    are involved with systems that create products and servicesproduction control, inventory, quality control, plant layout,

    site selection.

    Kinds of Managers by Area1

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    Human Resources Managers

    are involved in human resource activities.

    Administrative Managers

    are generalists familiar with all functional areas of management

    and are not associated with any particular management specialty. Other Kinds of Managers

    hold specialized managerial positions (e.g., public relationsmanagers) directly related to the needs of the organization.

    Kinds of Managers by Area (contd)1

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    Regardless of level or area, all managers must play certain roles andexhibit specific skills in order to be successful.

    Managers:

    Do certain things.

    Meet certain needs.

    Have certain responsibilities.

    Basic Managerial Roles and Skills1

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    What Skills Do Managers Need?1

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    Technical

    Conceptual

    Communication

    Time

    Management

    Decision

    Making

    Diagnostic

    Interpersonal

    FundamentalManagement

    Skills

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    Technical

    To accomplish or understand the specific kind of work being done in anorganization.

    Interpersonal

    To communicate with, understand, and motivate both individuals and groups.

    Conceptual

    To think in the abstract.

    Diagnostic

    To visualize the appropriate response to a situation.

    Managerial Skills1

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    Communication

    To convey ideas and information effectively to others and to receive the sameeffectively from others.

    Decision-Making

    To recognize and define problems and opportunities and then to select an

    appropriate course of action to solve problems and capitalize onopportunities.

    Time-Management

    To prioritize work, to work efficiently, and to delegate appropriately.

    Managerial Skills (contd)1

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    HOW TO ACQUIRE THE SKILLS?

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    A ROLE is

    an expected behaviorassociated with a particular position

    or status in a group or organisation

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    Managerial roles !!!1

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    Interpersonal

    Roles

    Informational

    Roles

    ManagerialRoles

    Decisional

    Roles

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    Interpersonal Roles

    Figurehead, leader, and liaison roles involve dealing with other people.

    Informational Roles

    Monitor, disseminator, and spokesperson roles involve the processing ofinformation.

    Decisional Roles

    Entrepreneur, disturbance handler, resource allocator, and negotiator aremanagerial roles primarily related to making decisions.

    Managerial Roles (Mintzberg)1

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    Category Role Sample Activities

    Interpersonal Figurehead Attending ribbon-cutting ceremony for new plant

    Leader Encouraging employees to improve productivity

    Liaison Coordinating activities of two project groups

    Informational Monitor Scanning industry reports to stay abreast of

    developments

    Disseminator Sending memos outlining new organizational

    initiatives

    Spokesperson Making a speech to discuss growth plans

    Decisional Entrepreneur Developing new ideas for innovation

    Disturbance

    handler

    Resolving conflict between two subordinates

    Resource

    allocator

    Reviewing and revising budget requests

    Negotiator Reaching agreement with a key supplier or labor

    union

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