...action, and for higher achievements. Historically, planning described a top-down approach in which top executives establish business plans and tell others to implement them. (Chapter 1: Managing) Organizing is constructing an active organization, setting up and coordinating the human, physical, financial, informational, and other advantages needed to reach goals. Organizing exhibitions involve drawing attention to people to an organization, specifying job restraints, minimizing work into units, placing and assigning resources, and setting conditions so that everyone and everything work in sync to achieve maximum success. In determining the internal structure, management must look at the different divisions or departments, the coordination of staff, and what is the best way to handle the necessary tasks and disbursement of information within the company. Management will then divide up the work that needs to be done, determine appropriate departments, and delegate authority and responsibilities. Building a dynamic organization, historically, organizing involved creating an organization chart by identifying business functions, establishing reporting relationships, and having a personnel department that administered plans, programs, and paperwork. (Chapter 1: Managing) Leading is driving people to be high performers. It includes...
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...INS2019 Business Organization and Management Anh MAI, International School (ISVNU) Mail: anhmd@isvnu.vn Cell: 0902372688 Topics to discuss Topic 1: Introduction to management Topic 2: The history of management Topic 3: The management environment Topic 4: Planning and Strategy Formulation Topic 5: Decision Making Topic 6: Organizing structure and design Topic 7: HRM Topic 8: Leading Topic 9: Teamwork Topic 10: Motivation & Communication Topic 11: Organizational Control 2 Topic from Daft (2012) and Innovation Adapted 12: Change 6/11/2012 Topics to discuss History of Management Evolution of Management thinking Environment of Management Corporate Culture, Ethics and Social Responsibility Management Planning -Managerial planning & goal setting - Strategy formulation & Implementation - Managerial decision making Organizing -Designing adaptive organizations -Managing change & innovation -Human resource Management Leading -Leadership -Motivation -Communication -Teamwork Controlling -Managerial and Quality control 3 Adapted from Daft (2012) 6/11/2012 Working Plan Topic Session No 1 2 Session 1 Session 2 Topics Textbook NEM Ch 1 NEM Ch 2 Tutorial Cases Questions 1, 5, 8, 9 Elektra Products, Inc (p.56) Introduction to Management The History of Management The Management Environment, Ethics and CSR Planning & Strategy Formulation 4, 6, 7 SIA Corporation (p. 58) 3 Session 3 NEM Ch 3...
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...The Four Functions of Managing Tianna Logan COM/330 21 September 2011 Carolyn Harrison The Four Functions of Managing Management is an aspect of every company. Without management many workplaces may lose control of their business or functions of the job. Since society is every changing and businesses need to adapt, mangers have to acquiesce to these “new way”. They adapt by using the four functions of managing. Planning, organizing, leading and controlling are all used by managers in numerous work environments including my current workplace. The first function of managing is planning. According to Bateman and Snell (2009), “Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals.” (p.12). Planning can include analyzing, determining and one of the most important aspects delegation. “Delegation is the process of giving decision-making authority to lower-level employees.” (Camp and Simmering, 2006, p.1). It uses the “top-down approach” for employees to use their own ideas and help create better advantages within the company, to the customer, etc. (Bateman and Snell, 2009, p.12). In my company, Health Net, Inc., planning is used frequently. We as management often analyze how much revenue we receive and how we could produce more. Delegation is also a staple within the company. Working for health insurance, there are numerous tasks needed to be completed and with the frequent changing of society...
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...comprises of planning, organizing, leading, and controlling. Planning: Planning is the function of business that involves setting business objectives and determining a course of action that will facilitate business profits while increasing shareholder value. Planning activities include analyzing current business situations, looking forward and evaluating the future, determining objectives and formulating strategies, Bateman and Snell (2009). Planning is a constant and fluid function. Business can never know what to expect so planning has to remain a function that can be changed to meet circumstances that may have been unforeseen. Organizing: Organizing is the second function of management. Managers need to organize all resources prior to putting a course of action into effect. Organizing is assembling and coordinating resources such as; human resources, capital resources, and information resources. Organizing is attracting people and money to implement information to achieve preset business goals. Organizing takes place at all levels within an organization and involves deciding how to best divide work throughout the organization. Organizing includes deciding what part of a business should handle a specific function. Other decisions can include demographics, customer needs, and organization specialty. Leading: Leading is the third function of management. In the leading phase organizations will encourage employees to achieve high performance. In the leading...
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...CARMEN EL-CHADAIDEH E M A I L : carmenchadaideh@hotmail.com carmenchadaideh@gmail.com 76.32 99 77 OBJECTIVE To become associated with a reputable and innovative organization where my education, experiences, and creativity are appreciated, utilized and developed. WORK EXPERIENCE December 2012 till Present : Commercial And Purchasing Manager at KBE International S.A.L & Various Projects accomplished Completes projects and special assignments by establishing objectives; determining priorities; managing time; gaining cooperation of others; monitoring progress; problem-solving; making adjustments to plans. Interpreting financial, operational, commercial or customer insights to ensure a trading issue is fully understood and that hard hitting actions are taken and constantly reviewed Developing, reviewing and optimizing trading strategies Work with the Sales & Pricing department to target specific ‘high value’ customers and drive the business passenger portfolio with to ensure the business maximizing revenue Manage internal relationships with shipping companies ensuring best shipping prices are obtained Thoroughly understand the fundamentals of marketing to drive plans to tactically promote the routes Build the right relationships in the destinations ports with the clearing agents to promote easy and smooth delivery Preparing spreadsheets and obtains details for price increases Assisting procurement, sales department with all...
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... Warning! – Don’t expect all lectures to come straight from the text! What is management? 1. Management is the planning, organizing, leading and controlling of human and other resources to achieve organization goals effectively and efficiency. 2. Managers operate within an organization, a group of people who work together to achieve a wide variety of goals or desired future outcomes. 3. Organizational productivity (performance) is how effectively and efficiently a manager uses resources to satisfy customers and reach organizational goals. a. efficiency measures how well or how productively resources are used. b. effectiveness measures the appropriateness of the goals chosen by a manager. What do managers do? Get things done through others by . . . I. Management functions: A. Planning is the process managers’ use for identifying and selecting appropriate goals and actions for the organization. 1. Planning involves three steps including deciding which organizational goals and courses of actions to pursue; strategies to adopt and deciding how to allocate organizational resources to attain those goals. 2. The strategies determined during planning determine the effectiveness and efficiency of an organization. B. Organizing is the task of structuring working relationships in a way that allows organizational members to work together (effectively and efficiently)...
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...Functions of Management Nedim Muzur 330/Management: Theory, Practice, and Application May 31, 2010 Kathy Mass Functions of Management The four fundamental functions of management are: planning, organizing, leading, or directing, and controlling. In the course of any typical day, executives and managers spend time meeting and talking with employees, customers and investors, and also top managers spend some time in the public as well. Working and living as a manager involves different tasks, and four basic managerial functions must be considered in any management position. A good manager must maintain the balance at work and keep employees motivated. “In the business world today, the great executives not only adapt to changing conditions but also apply fanatically, rigorously, consistently, and with discipline the fundamental management principles” (Bateman-Snell, p. 19, 2009). The first and basic function of management is planning. Planning is the process and the base upon the all the areas of management should be built. The vision and mission are the broadest views of the organization, and the objectives are the narrowest views. Planning is the process in which managers anticipating future events, and effective planning helps businesses crystallize their visions and missions and avoid costly mistakes. Effective planning is all about evaluation of the business environment and a roadmap of the actions needed to lead the company forward. For the planning...
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...as coaching, problem solving, strategizing, and organizing. It could also include planning, counseling, making decisions, staffing, and resourcing. The primary role of a manager is to help others in his or her organization to become more productive. The more productive and efficient (to achieve goals with minimal waste of resources) a worker, the more streamlined, and profitable the business. A good manager will learn how to master the basic functions of management; planning, organizing, staffing, leading, and controlling, to keep his or her team efficient and effective. These are basic functions performed by most managers’ throughout business organizations. There are a few different expert views on the functions of management. According to Bateman and Snell (2009), there are four fundamental functions of management, but more recent management theories, such as Luther Gullick or Kootnz and O’Donnell, are now breaking out a fifth element of staffing (Functions of Management, 2008 - 2013). Staffing has gained more significance in the recent years due to innovation of technology, growth in business sizes, and intricacy of human behavior. Staffing is the function of building the business personnel resources and keeping it staffed. The main purpose of staffing is to keep the business ready for expansion. It is the basic definition of staffing is training and development; recruitment, selection and placement; remuneration, performance appraisal, promotions and transfers, and staff...
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...PRINT VERSION OF THE COMPETING VALUES COMPETENCY QUESTIONNAIRE TO ACCOMPANY BECOMING A MASTER MANAGER: A Competing Values Approach FIFTH EDITION QUINN / FAERMAN/ THOMPSON / MCGRATH / ST. CLAIR (Text published by John Wiley & Sons) If you have questions about this questionnaire, please email them to: Lstclair@bryant.edu Copyright © 2011 Competing Values Competency Questionnaire The Competing Values Competency Questionnaire is a tool to help you assess your development as a managerial leader with respect to the four quadrants of the competing values framework.* This questionnaire consists of 100 questions related to skills that managerial leaders need to meet the challenges of complexity, ambiguity, and paradox that characterize the world today. For each item, indicate how often you have successfully engaged in the activity. Rate yourself on the following 7 point scale: Never | Very Seldom | Seldom | Occasionally | Frequently | Very Frequently | Almost Always | 1 | 2 | 3 | 4 | 5 | 6 | 7 | It is important to note that this questionnaire is not designed to provide a final evaluation of your ability as a managerial leader. It is designed to provide a “snap-shot” profile, based on your current experience, strengths, and weaknesses. You then can use the profile to create a personal development plan based on your individual needs and interests. Some items refer to general activities that you may do regularly, such...
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...enterprise in the fulfillment of given purposes. It is a very dynamic process consisting of various elements and activities. Managers exist in every business. In fact, managers do the same types of tasks in all business. Whether a person manages a hair salon or a factory, the manager’s position consists of similar tasks. Planning, organizing, leading, and controlling all serve an important part in achieving management’s vision. Each component is important and one cannot function well without the others. The first component of managing is planning. A manager must determine what the organizations goals are and how to achieve these goals. Much of which comes from the vision and mission statement for the company. Setting objectives for the goal and following up on the execution of the plan, are two critical components of the planning function. For instance, if a manager at my company were to get hired in a different program, they would need a new hiring plan, contract plan, and strategy plan. Planning is necessary to ensure proper utilization of human and non-human resources. Managers are responsible for organization of the company and this includes organizing people and resources. Knowing how many employees are needed for particular shifts can be critical to the success of a company. If those employees do not have the necessary resources to complete their jobs, organization has not occurred. For example, my company breaks down the organizational process for the managers: * Identification...
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...Four Functions of Management John Veal XMGT/230 ALLAN BARDOS Within an organization executives develop a structured environment in order to perform and execute task and goals to run a successful business that will generate profit. When doing so, the company will implement four functions that will help in managing a smooth business which are planning, leading, controlling, and organizing. Management is the process of working with people and resources to accomplish organizational goals where managers do this both effectively and efficiently. Although the context of business and the specifics of doing business are changing, there are still plenty of timeless principles that make great managers, and great companies, great. In the business world today and with constant changing, the great executives not only adapt to changing conditions but also apply—fanatically, rigorously, consistently, and with discipline—the fundamental management principles. These fundamentals include the four traditional functions of management as mentioned earlier which remain as relevant as ever, and they still provide the fundamentals that are needed in start-ups as much as in established corporations but their form has evolved. First function of management is planning which is the management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue. Planning activities include analyzing current situations...
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...communication Formal communication Negotiation 2. Planning and Administration Information gathering, analysis, and problem solving Planning and organizing projects Time management Budgeting and financial management 3. Teamwork Designing teams Creating a supportive environment Managing team dynamics 4. Strategic Action Understanding the industry Understanding the organization Taking strategic action 5. Global Awareness Cultural knowledge and understanding Cultural openness and sensitivity 6. Self-management Integrity and ethical conduct Personal drive and adaptability Balancing work and life demands Self-awareness and development What is an organization? Organization: a coordinated group of people who function to achieve a particular goal. Regardless of an organization’s specific goals, the job of managers is to help the organization achieve those goals. What is a manager? Manager: a person who plans, organizes, leads, and controls the allocation of human, material, financial, and information resources in pursuit of the organization’s goals. Different managers: department managers, product managers, account managers, plant managers, division managers, district managers, and task force managers. Others: chief information officer, chief executive officer (CEO), president, managing director, supervisor, and coach. Managers are evaluated on how well the people they direct do their jobs. What is management?...
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...effective manager ■ © 2008 Prentice-Hall Business Publishing What is Management? Management is a process that involves: ■Assembling and using sets of resources ■Acting in a goal-directed manner to accomplish tasks ■Activities carried out in an organizational setting © 2008 Prentice-Hall Business Publishing Managerial Challenges Managing Change Managing Entrepreneu rially Managerial Challenges Managing Resources Managing Strategically © 2008 Prentice-Hall Business Publishing Managerial Challenges: Managing Change Managing change: ■Is the most persistent, pervasive and powerful challenge for managers ■Requires managers to gain employee acceptance Two causes of change: ■Technology ■Globalization © 2008 Prentice-Hall Business Publishing Managerial Challenges: Managing Resources Managers must manage resources, including: ■Financial capital ■Human resources ■Physical resources ■Technology © 2008 Prentice-Hall Business Publishing Managerial Challenges: Managing Strategically Managers must: ■Develop strategies to achieve the organization’s goals ■Implement the strategies effectively by managing human...
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... Long range, short range and near term training is used when in the planning stage of training Soldiers for any upcoming missions or current situational training. The sole purpose of the Army Plan is to develop strategic planning guidance, prepare mission-oriented guidance while using the strategic guidance and translate mission-oriented planning guidance into functionally-oriented programming guidance. Once the plan is implemented, it is sent down to the unit’s to have training conducted to standards. “The organization of the United States Army is founded on mission. The organization evolves based on need and resources available” (DA PAM 10-1). Assembling and coordinating the resources needed to achieve a goal is Organizing. When organizing training for the military, leaders use resources to accommodate an actual war-time situation, (i.e. training for Iraq, Soldiers would train in desert environment, training for Afghanistan, Soldiers would train in mountainous environment). In order for this type training to be organized is where the long-term planning takes effect. Having an unorganized...
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...to the process and essentially aids in achieving a managers highest goal: setting high performance. Each of these tasks adds to the efficiency and effectiveness of a manager’s unique managing style and process. The four essential managerial tasks are planning, controlling, leading, and organizing. In order to understand how each are important let’s first explain each task. Planning deals with choosing appropriate organizational goals and courses of action to best achieve those goals. In this task, managers decide which goals the organization will pursue, what strategies to adopt to attain those goals, and how to allocate organizational resources to pursue the strategies that attain those goals. Lack of proper planning in an organization can lead to inefficiency and ineffectiveness in the organization. Without proper planning it is seemingly impossible to hit a peak level of performance. Planning sets the tone for an organizations success and opens the door to new heights in a manager’s career. Organizing is structuring working relationships so organizational members interact and cooperate to achieve organizational goals. It is the manager’s job to be able to successfully organize the people into departments according to the kinds of job-specific tasks they will perform. Organizing lays out the “lines of authority and responsibility” among the different individuals and groups. Organizing the people allows small room for error. It is a help to keep the company working in a cohesive...
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