Ch.01
Introduction to principles of management Ch.01 Introduction to principles of management

Introduction

Management = art of getting things done through the efforts of other people
Principles of management = means by which you actually manage others to accomplish a goal (individuals, groups, or the organization) Ch.01 Introduction to principles of management

Who are managers?
Traditional vision of management role and contemporary vision
Empowerment

A
B

F
A

-General manager
-Top managers
-Middle managers
-Functional managers
-Supervisory or team managers

B
F
C
D

Ch.01 Introduction to principles of management

Who are managers?

Interpersonal

Figurehead
Leader
Liaison

Informational

Monitor
Disseminator
Spokesperson

Decisional

Entrepreneur
Disturbance holder
Resource allocator
Negotiator

Ch.01 Introduction to principles of management

Leadership, entrepreneurship, and strategy

Leadership = influence actions of others toward a goal
Entrepreneurship = recognition of opportunities and creation of resources to implement innovative ideas for new ventures
Strategy = long term vision, goals and objectives, rolled up into a coherent plan of actions; central, integrated, externally-oriented concept of how an organization will achieve its objectives

Ch.01 Introduction to principles of management

PLOC
Four major functions of management

Planning
Vision and mission
Strategizing
Goals and objectives Leading
Leadership
Decision making
Communication
Groups/teams
Motivation
Planning
Environmental scanning
Strategic planning
Tactical planning
Operational planning

Leading

Organizing
Organization design
Culture
Social networks
Controlling
Systems