...He always been and will be an effective manager to me because: • Firstly, my teacher had an extraordinary leading skill; he could lead the class very efficiently. He could actually motivate us to study his course although Bangladesh study was quiet boring. He could communicate with his entire student and direct the class successfully and made a perfect study environment. • Secondly, he could control the class without any difficulties as he used to monitor that his students are focussing on his class lectures. He used to ensure that all the class activities are going as planned and the betterment of his students is his only goal. This monitoring activity of my teacher is a Mintzberg Managerial role. • Moreover my teacher was a very good negotiator, which falls under the Mintzberg Managerial role. He always negotiated with us before taking any decisions such as taking quizzes, mid-term or final exam dates, assignment submission etc. He always made sure that we are all comfortable of his decisions that he used to take mainly discussing. • In addition, another Mintzberg Managerial role that he played was the figure head. Although he was not in post of vice chancellor or any other higher posts, he always remains as a unique character to us only for his actions and the effective managerial skills. • Lastly, the most important skill that he had was the human skill. As a teacher he had to understand...
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...MANAGERIAL SKILLS. * Management is about decision making and developing good relationship to get work well done. * The managerial skills include the following: 1.Conceptual Skills. * This includes the ability to view the organization as whole,understand how the various parts are interdependent and access how the organization relates to its external environment. * Managers need conceptual skills to make adjustments when problems occur since they have back up strategies. * Conceptual skills are needed in planning,organizing,controlling systems,decision making,co-ordinating and delegating,identification of opportunities for innovation,selecting critical information from masses of data and understanding the business uses of technology. * These skills are commonly used by the top level and middle level managers who are not directly involved in production assembly process. 2.Decision Making Skills. * Managers need decision making skills so that they can use existing information to determine how the firms resources should be allocated. * The type of decision made by managers vary with position * The decision making process involves identifying the possible decisions,gathering information on all possible decisions,making a decision and implementing it then periodically evaluating the previous decision to determine whether it should be changed. * Clear firm decisions combined with the willingness and flexibility to adapt and adjust decisions...
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...SPT 612 Prof. Hsiao Maurice Miller 29 September 2013 The Dirty Truth on Rewarding Employees I found an article that sparked my interest on the Harvard Business Review’s Working Knowledge website for many reasons but primarily because it was an article that discussed the real impacts of rewarding employees for certain things in the workplace, which I feel is a very important aspect of management in the workplace. In “How to Demotivate Your Best Employees” by Dina Gerdeman, she takes very important pieces from a recent paper called The Dirty Laundry of Employee Award Programs: Evidence from the Field, written by Harvard Business School Assistant Professor Ian Larkin, along with professor Lamar Pierce and doctoral student Timothy Gubler from the Olin School of Business at Washington University in St. Louis where the researchers studied an attendance award program initiated by managers at one of the five commercial-industrial laundries owned by the same mid-western company. Perfect attendance was defined as not having any unexcused absences or tardy shift arrivals during the month (Gubler, 2013). Even though the company had the right intentions in mind the study showed that programs such as this often times result in more negative impacts and positive. To understand how to make a beneficial rewards program is important for all future career choices and to make sure you can maintain a productive working environment in doing so. The article cracked the perceived notion...
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...• Behavior o Understand the behavior required to be a trusted advisor • Methodologies o Learn methods used by top-tier management consulting firms • A logical and structured method for framing issues to help the client understand their key dilemma • A systematic way to build a comprehensive work plan to address the client issue • Techniques for data collection and research methods to get quality data outputs to complete the work plan • Proven method for structuring simple but high impact logical communications around key messages to build a compelling case for action • Team Work o Develop skills to be a valuable team member • Figure out company for tomorrow • SCQ Template o What is the question? o Most consultants solve unstructured questions • SCQ- Situation, Complication, Question o Situation • A non-controversial description of conditions when they were stable o Complication • What altered the stable situation and created the problem o ? • Questions raised by complication • Can Samsung be an innovative company and own the space of space Notes 9/26 • Situation o A non-controversial description • Complication o A • Question o • Restate the key issue in a yes/no format • Now we will do an issue Analysis Work Plan 1. Part 1 a. Indentify Sub-Question b. Sort and group c. Build issues Tree d. Test for MECE e. List tasks for getting evidence 2. Work Plan Step by Step process a. Rotate issues tree 90 degrees b. Determine Time and...
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...hold titles such as: Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operational Officer (COO), Chief Information Officer (CIO), Chairperson of the Board, President, Vice president, Corporate head. 1.) RESPONSIBILITIES Often, a set of these managers will constitute the top management team, which is composed of the CEO, the COO, and other department heads. Top-level managers make decisions affecting the entirety of the firm. Top managers do not direct the day-to-day activities of the firm; rather, they set goals for the organization and direct the company to achieve them. Top managers are ultimately responsible for the performance of the organization, and often, these managers have very visible jobs. 2.) NEEDED SKILLS: Conceptual Human Relations Administrative Decision Making Communication |MIDDLE-LEVEL MANAGERS Middle-level managers, or middle managers, are those in the levels below top managers. Middle managers' job titles include: General manager, Plant manager, Regional manager, and Divisional manager. 1.) RESPONSIBILITIES Middle-level managers are responsible for carrying out the goals set by top management. They do so by setting goals for their departments and other business units. Middle managers can motivate and assist first-line managers to achieve business objectives. Middle managers may also communicate upward, by offering suggestions and feedback to top managers. Because middle managers are more involved in the day-to-day...
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...Q. Identify five examples for each Managerial Skill? Examples of Managerial Skills 1. Conceptual Skills (1) An Engineering Manager needs to have conceptual skills to decide his team outputs are comply with project specs, guidelines and his team’s ability, importance and contribution to the organization, industry. (2) Business Development Manager should have strong conceptual skills to see his organization’s future prospects. He or she should oversee the branches of industry involving in organization business and forecast the possible outcomes before making investment. (3) Finance Manger working in a Bank also require to possess conceptual skills when making decision on bank loans to companies and making investments such as stocks. (4) Chief Executive Officer (CEO) of a company or a holding requires high conceptual skills to go along with the company’s missions as well as growth of the company. CEO should forecast the possible turbulent times of the organization, industry and find out the best solution from incidents not yet happening to the organization. (5) Division Managers or National Managers in large firms are strong in conceptual skills to make success of the organization in his division by making right decisions. He or she should supervise the other managers in org hierarchy as well as consider the related industries/ orgs effect on the company’s business. 2. Human Skills (1) A Human Resource Manager having the human skills to control and monitor employees’ motivation...
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...Subject Code : BUMGT6961. Course Title : Managerial Skills Workshop. Course : Master of Business Administration. Assignment Title : Learning Action Plan and Report. Type of assignment: Individual. Submission Date : 06/10/2011 Lecturer : Sally-Anne Leigh Submitted By : Susmitha Kandimalla (UB 30097439) LEARNING ACTION PLAN AND PRESENTATION Introduction: This course is quite different for me. It was more interesting and more interactive doing more experiential work shop activities which I have never experience such type of learning As it is more interesting and more interactive I did not miss a single class and learnt more of interpersonal communication skills, working in groups, enhance team performance, commitment and satisfaction. I have learnt different leadership styles and Leadership theories and their relevance to my personal and professional life which helps me to mould myself accordingly in my professional personal life. In one of the class I did SWOT analysis on myself and working on my weaknesses and exploring my opportunities. Until I come across this class I did not know my strengths and weaknesses and I never thought of them. Learnt different ethical issues and ethical dilemmas and learnt how to respond in such situations. Learnt to do action plan and planning to achieve it through continuous improvement and measurement. In a nutshell this course has taught me to prepare myself to be a leader for managerial roles. Personal Goals/Aspirations: I...
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.... Evaluate Microsoft’s strategy in good and poor economic times. In Good Economic Times: Microsoft is the world’s most successful software company. The original mission of this company is “a computer on every desk and in every home, running Microsoft software.” Microsoft's tactic was to be a software manufacturer and make its operating system available to computer manufacturers for use in their personal computer products, and then sell the owners of PCs software to run on that operating system. The history was begins in early 1980, where Microsoft creates DOS Operating System for IBM computer. The company used this inertial success with IBM to sell software to other manufacturer, quickly making Microsoft a major player in this industry. This is one of the changes for Microsoft to grown faster with the inertial advertising efforts focused on communicating the company range products from DOS to the launch of Excel and Windows. Later in 1986, Microsoft went to public with windows operating system and Microsoft office. The strategy contribute to launch this two application is a milestone for Microsoft to future successful. After that, Microsoft found an instant success where they launch the window 3.0 which is offered an improved set of windows icons and application like file manager and program manager where still being used today. Microsoft doing a magazine advertising and received endorsement from the top computer magazine in the industry is another...
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...technical skills of his/her generation. In doing so, the teacher ensures the survival of man and its civilisation. In fact, the teacher is the key to quality education, through his training and dedication. He/She is often perceived as the adoptive parent of the child and normally, the latter looks to his teacher not only for knowledge but also for wisdom and moral and ethical values. The functions of a teacher in the classroom are numerous to ensure the correct development of his/her students. Among these functions are * To ensure students are having the proper education in a safe environment * To ensure teaching and especially learning is efficient * To increase the students’ self-esteem and personal confidence * To prepare students with the necessary knowledge, character and skills for higher education and to live in society In order to successfully achieve the above-mentioned functions, a teacher needs to act as a manager in his/her classroom. In other words, the teacher should possess some important managerial skills. A manager is normally defined as someone who is in charge of his/her organisation and is responsible for the proper functioning the organising in every aspect. Among the ten management roles that Henry Mintzberg (1973) identified in his thesis entitled “The Nature of Managerial Work”, he suggested eight set of managerial skills, namely: a. Peer Skills b. Leadership Skills c. Conflict Resolution Skills d. Information Processing Skills e....
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...Research or Interview Paper Instructions You can choose 1 of the following two options for your Research or Interview Paper. Your paper will be 7 double-spaced pages for the main content (not including the cover page and reference page). Your choices include: 1. A research paper Steps for writing the research paper: a) Choose a topic in Managerial Economics. b) Submit the topic and the outline of the paper to the instructor anytime for approval. c) A minimum of 3 references besides the textbook are required. Liberty University library has excellent resources for your search for journals. http://www.liberty.edu/index.cfm?PID=178 OR 2. An interview paper Steps for writing the interview paper: a) Choose a topic in Managerial Economics. b) Design at least 5 questions according to the topic. c) Submit your questions to the instructor for approval. d) Contact a local or non-local company for an interview. e) Conduct the interview for answers to your questions. f) The paper must have 3 parts: • The description of the company; • Interview questions and answers; and • Your comments. *The research paper is to be done individually, not as a group. **Do not wait until the last module/week to work on the paper. Do it as early as possible. ***A paper that was written for other classes would not be accepted for...
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...Case Study: Chapter 8 Aaron Lambert Saint Leo MBA 540 Managerial Economics Analyzing Managerial Decisions: Leaving New York for the Farmlands of Illinois While the co-workers may be rightly supportive of the individual’s aspirations, they are likely not qualified to advise him on this matter. The individual claims to have $800,000.00 saved from bonuses at his current place of employment. Based on that information alone, it appears that he is considering walking away from what seems like a fairly secure and profitable situation at his current job and committing to a new and less certain endeavor. With reports implying that demand for corn will soar the farming proposition may seem like a good idea; however, our potential farmer needs to consider other factors. The costs associated with acquiring the land are known and estimated to be $800,000.00, but there are other costs involved that are considerable and quite fixed. He will need to purchase farming equipment and machinery, which will require much more cash upfront in addition to the land. These fixed costs definitely need to be factored into the decision but are omitted in the text. If he has a lot more of that bonus money remaining, he could purchase the machinery outright. If paying cash is not possible he will need to take up a loan, lease, or rent; either option resulting in additional expenses incurred each period. Based on an article published by the University of Illinois in 2014, corn farmers in Illinois...
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...MID-TERM EXAM - 1st Semester, 2012 |Date |Time |Course Title & Code |Room No. | |29 June, 2012 |11.00 am ~ 12.30 pm |501: Accounting System & Auditing |502 | |(Friday) | | | | |30 June, 2012 |7.00 pm ~ 8.30 pm |502: Managerial Economics |402 | |(Saturday) | | | | |06 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication |502 | |(Friday) | | | | |07 July, 2012 |7.00 pm ~ 8.30 pm |504: Advanced Management |502 | |(Saturday) | | | | |13 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication...
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...would follow and remain with them throughout both of their careers and beyond, as they were also friends. Each of these men have differing ways in which they lead their teams, but there are leadership styles which they shared when it came to coaching. When taking the model which Robert Katz developed we can see there are skills that did account for their success. Coach Knight held two of the leadership traits that were professed by Katz. Those were technical skills and conceptual skills. He had the ability to know exactly was needed and how to make changes based on each individual situation. According to Katz’s model, Coach Knight did not have human skills. He was known for his roughness (e.g; using high levels of profanity and throwing objects onto the court). He did not have human kindness or humble qualities. A professional career basketball player by the name of Isiah Thomas was also coached by Coach Knight. Thomas remarked that Coach Knight was intimidating and used much profanity while coaching him. (Alford, 1990) The contrast is apparent when comparing Coach K. to Coach Knight. When examining Katz’s model, Coach K. possessed conceptual and human skills. Coach...
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...becoming a great leader. It takes many years of practice to perfect a craft within certain individuals. Some crafts are more defined than others; never the less these skills are done to win over individuals in work environments and major league football teams. According to Katz (1955) there are three basic administrative needs that should be present for managers to be effective which are conceptual, human, and technical. Coach K’s approach contained both conceptual and human skills. Coach K was able to come up with an approach that was comfortable for both him and the team. He did not want to come with a lot of rules that no one would follow. Growing up Coach K spent a lot of time with his family. As he became an adult his wife and children were very important to him. This is the typed of approach he took with his team. Coach K lacked in my opinion in the technical area. He was not all about a lot of drills and long practices. Coach Knight’s approach contained conceptual and technical skills. Coach Knight had very little room for error. He drilled step by step plays into his players. He believed in practicing long hours and if you could not follow the rules you would be kicked out of practice. Coach Knight taught a course “Methods of Coaching” at Indiana University. Coach Knight lacked human skills. He had many allegations of him putting his hand on the players and cursing at them. According to Blake and Mouton’s leadership grid the type of leadership style which...
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...tEXECUTIVE SUMMARY The paper identifies different source and causes of different types of conflict in the work place. Analysis of the conflict was done with the aid of Blake and Mouton’s model of conflict management. The paper reflects on a real life observation using brightlands care home. Conflicts observed in the home were analysed and discussed. Manager positions in handling the conflict were also analysed using Blake and Mouton’s conflict management style model. Five conflict management style (competitor, collaborator, compromiser, accommodator and avoider) were used to analysed the conflict were based on the research of Blake and Mouton (1964). Using the conflict scenario, the paper critically discussed various approach towards conflict resolution within and between groups. 1.0 INTRODUCTION Conflict is a normal and natural aspect of life and the working environment hardly do without one form of conflict or the other. Conflict in the workplace is a well known daily phenomenon and it is on the increase. It is worth saying that a conflict free company never existed and will never exist. Tension, cultural differences, aggressions, antagonisms, negative attitude and frustration will usually exists especially wherever men are forced to live and work together. . Burton (1972) said in his book that Conflict, like sex is an essential creative element in human relationships. It is the means to change, the means by which our social values of welfare, security, justice and...
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