Managmnet as whole. A detailed presentation on management

Its a detailed presentation on management as it completes whole basic teachings

1. Principles of
Management
MGT 301
VINODKUMAR

2. Management: A Competency Base Approach

3. Methodology
Lectures
Videos
Cases
Presentations
Discussions and debates
Research reports
Projects

4. Webpage, Blog, Wiki, email
http://faculty.kfupm.edu.sa/MGM/jamilqaz/
http://mgt301.pbwiki.com/
http://mgt301.blogspot.com/
[email protected]

5. Chapter 1
Managing in a Dynamic
Environment

6. Learning Objectives
Define Managers And Management.
Explain What Managers Do.
Describe The Competencies Used In
Managerial Work And Assess Your Current
Competency Levels.

7. Introductory Concepts: What Are
Managerial Competencies?
Competency–acombinationofknowledge,
skills,behaviors,andattitudesthatcontributeto
personaleffectiveness
ManagerialCompetencies–setsofknowledge,
skill,behaviors,andattitudesthataperson
needstobeeffectiveinawiderangeofpositions
andvarioustypesoforganizations

8. Why are Managerial Competencies
Important?
You need to use your strengths to do your best
You need to know your weaknesses
You need developmental experiences at work to become
successful leaders and address your weakness
You probably like to be challenged with new learning
opportunities
Organizations do not want to waste human resources
Globalization deregulation, restructuring, and new
competitors add to the complexity of running a business

9. A Model of Managerial
Competencies
(adapted from Figure 1.1)
Teamwork
Competency
Global
Awareness
Competency
Strategic
Action
Competency
Planning and
Administration
Competency
Self-Management
Competency
Communication
Competency

10. A Model of Managerial
Competencies
(adapted from Figure 1.1)
Teamwork
Competency
Global
Awareness
Competency
Strategic
Action
Competency
Planning and
Administration
Competency
Self-Management
Competency
Communication
Competency
Managerial
Effectiveness

11. What Is An Organization?
A formal and coordinated group of people who
function to achieve particular goals
These goals cannot be achieved by individuals
acting alone
An organization has a structure, discussed in depth
in Chapter 11

12. Characteristics of an
Organization
An organization has a structure.
An organization consists of a group of
people striving to reach goals that
individuals acting alone could not achieve.

13. Management
Organization
Two or more people who work together in a structured
way to achieve a specific goal or set of goals.
Goals
Purpose that an organization strives to achieve;
organizations often have more than one goals, goals are
fundamental elements of organization.
The Role of Management
To guide the organizations towards goal
accomplishment

14. -People responsible for
directing the efforts aimed
at helping organizations
achieve their goals.
-A person who plans,
organizes, directs and
controls the allocation of
human, material, financial,
and information resources
in pursuit of the
organization’s goals.

15. Management
Managementrefers to the tasks and activities
involved in directing an organization or one of
its units: planning, organizing, leading, and
controlling.
The process of reaching organizational goals by
working with and through people and other
organizational resources.

16. Functional Managers:A manager responsible for
just one organizational activity such as accounting,
human resources, sales, finance, marketing, or
production
Focus on technical areas of expertise
Use communication, planning and
administration, teamwork and self-
management competencies to get work
done
Function: A classification referring to a group of
similar activities in an organization likemarketing or
operations.

17. General Managers:responsible for the operations
of more complex units—for example, a company or
division
Oversee work of functional managers
Responsible for all the activities of the unit
Need to acquire strategic and multicultural
competencies to guide organization
(cont’d)
Many Other types of managers

18. Basic Managerial Functions
(adapted from Figure 1.2)
Organizing
Planning
Controlling
Leading

19. Management Process and Goal Attainment

20. Management and Organizational
Resources

21. Planning involves tasks
that must be performed to
attain organizational goals,
outlining how the tasks
must be performed, and
indicating when they
should be performed.

22. Planning
Determining organizational goals and
means to reach them
Managers plan for three reasons
1.Establish an overall direction for the
organization’s future
2.Identify and commit resources to achieving
goals
3.Decide which tasks must be done to reach
those goals
Discussed in depth in Chapter 7 & 8

23. Organizing means assigning the planned tasks to
various individuals or groups within the
organization and cresting a mechanism to put plans
into action.

24. Organizing
Process of deciding where decisions will be made, who
will perform what jobs and tasks, and who will report
to whom in the company
Includes creating departments and job descriptions

25. Leading (Influencing) means guiding the activities
of the organization members in appropriate
directions. Objective is to improve productivity.

26. Leading
Getting others to perform the
necessary tasks by motivating them to
achieve the organization’s goals
Crucial element in all functions
Discussed throughout the book and in
depth in Chapter 15—Dynamics of
Leadership

27. 1. Gather information that measures recent performance
2. Compare present performance to pre-established standards
3. Determine modifications to meet pre-established standards

28. Controlling
Process by which a person, group,
or
organization consciously monitors
performance and takes corrective
action
Discussed in depth in Chapter 10

29. Basic Levels of Management
(adapted from Figure 1.3)
Top
Managers
Middle Managers
First-Line Managers
Nonmanagers

30. Top Managers
Responsible for providing the overall direction of an
organization
Develop goals and strategies for entire organization
Spend most of their time planning and leading
Communicate with key stakeholders—stockholders,
unions, governmental agencies, etc., company
policies
Use of multicultural and strategic action
competencies to lead firm is crucial

31. Levels of Management
First-line Managers:have direct responsibility for
producing goods or services Foreman, supervisors,
clerical supervisors
Middle Managers:
Coordinate employee activities
Determine which goods or services to provide
Decide how to market goods or services to customers
Assistant Manager, Manager (Section Head)
Top Managers:provide the overall direction of an
organization Chief Executive Officer, President, Vice
President

32. First-line Managers
Directly responsible for production of goods or services
Employees who report to first-line managers do the
organization’s work
Spend little time with top managers in large organizations
Technical expertise is important
Rely on planning and administration, self-management,
teamwork, and communication competencies to get work
done

33. Middle Managers
Responsible for setting objectives that are consistent with
top management’s goals and translating them into specific
goals and plans for first-line managers to implement
Responsible for coordinating activities of first-line
managers
Establish target dates for products/services to be delivered
Need to coordinate with others for resources
Ability to develop others is important
Rely on communication, teamwork, and planning and
administration competencies to achieve goals

34. Management Level and Skills

35. Introductory Concepts: What Are
Managerial Competencies?
Competency–acombinationofknowledge,
skills,behaviors,andattitudesthatcontributeto
personaleffectiveness
ManagerialCompetencies–setsofknowledge,
skill,behaviors,andattitudesthataperson
needstobeeffectiveinawiderangeofpositions
andvarioustypesoforganizations

36. Six Core Managerial Competencies:
What It Takes to Be a Great Manager
Communication Competency
Planning and Administration Competency
Teamwork Competency
Strategic Action Competency
Multicultural Competency
Self-Management Competency

37. Communication Competency
Ability to effectively transfer and exchange information
that leads to understanding between yourself and others
Informal Communication
Used to build social networks and good
interpersonal relations
Formal Communication
Used to announce major events/decisions/
activities and keep individuals up to date
Negotiation
Used to settle disputes, obtain resources,
and exercise influence

38. Decidingwhattasksneedtobedone,determining
howtheycanbedone,allocatingresourcestoenable
themtobedone,andthenmonitoringprogressto
ensurethattheyaredone
Informationgathering,analysis,andproblemsolving
fromemployeesandcustomers
Planningandorganizingprojectswithagreed
uponcompletiondates
Timemanagement
Budgetingandfinancialmanagement

39. Accomplishingtasksthroughsmallgroupsof
peoplewhoarecollectivelyresponsibleand
whosejobrequirescoordination
Designingteamsproperlyinvolveshaving
peopleparticipateinsettinggoals
Creatingasupportiveteamenvironmentgets
peoplecommittedtotheteam’sgoals
Managingteamdynamicsinvolvessettling
conflicts,sharingteamsuccess,andassigntasks
thatuseteammembers’strengths

40. Strategic Action Competency
Understandingtheoverallmissionandvaluesof
theorganizationandensuringthatemployees’
actionsmatchwiththem
Understandinghowdepartmentsordivisionsof
theorganizationareinterrelated
Takingkeystrategicactionstopositionthefirm
forsuccess,especiallyinrelationtoconcernof
stakeholders
Leapfroggingcompetitors

41. Snapshot
“Sony must sell off businesses that don’t fit
its core strategy of fusing gadgets with films,
music, and game software. That means
selling off its businesses in its Sony Financial
Holdings, which are very profitable.”
Howard Stringer, CEO, Sony

42. Understanding,appreciatingandrespondingto
diversepolitical,cultural,andeconomicissues
acrossandwithinnations
Culturalknowledgeandunderstandingofthe
eventsinatleastafewothercultures
Culturalopennessandsensitivitytohowothers
think,act,andfeel
Respectfulofsocialetiquettevariations
Acceptingoflanguagedifferences
Multicultural Competency

43. Self-Management Competency
Developing yourself and taking responsibility
Integrity and ethical conduct
Personal drive and resilience
Balancing work and life issues
Self-awareness and personal development
activities

44. Snapshot
“My strengths and weaknesses haven’t
changed a lot in 51 years. The important
thing is to recognize the things you don’t do
well and build a team that reflects what you
know the company needs.”
Anne Mulcahy, CEO, Xerox
Self-Management Competency

45. Learning Framework for Managing
Part I: Overview of Management
Part II: Managing the Environment
Part III: Planning and Control
Part IV: Organizing
Part V; Leading