Lecture Note ch1
Lecture Note ch1
Lecture Note ch1
Slide 1
Hello everyone, sorry that I couldn’t join the class last week due to my illness. Today I will
start with an overview of chapter 1, I believe Dr. Natasha, and Dr. Lora went over the syllabus
already.
So, This chapter examines what managers do, the different kinds of managers, and the skills and
abilities they must develop to manage their organizations successfully over time. We will
highlight the various functions and roles of managers, as well as the impact of information
technology (IT) upon the manager’s ability to fulfill them. The chapter closes with a discussion
of the management challenges created by today’s global environment, such as building a
competitive advantage, maintaining ethical and socially responsible standards, managing
workforce diversity, and utilizing IT and e-commerce, and global crisis management.
1. Describe what management is, why management is important, what managers do, and
how managers utilize organizational resources efficiently and effectively to achieve
organizational goals.
2. We will be able to Distinguish among planning, organizing, leading, and controlling
(the four main management functions) and explain how managers’ ability to handle each
one can affect organizational performance.
3. we will be able to Differentiate among three levels of management and understand the
responsibilities of managers at different levels in the organizational hierarchy.
4. And Identify the roles managers perform, the skills they need to execute those roles
effectively,
Slide 2
Think of a manager? A manager may work for a large corporation, a local retailer, or a fast food
restaurant. What they have in common is all of them responsible for supervising the use of
their organization’s human and other resources.
• Why study management : to help people learn how to deal with their boss and
co-workers in proffional way.
Slide 3,4,5 read
Slide 9
III. ESSENTIAL MANAGERIAL TASKS
Management helps make the best use of resources by performing four essential managerial
functions: planning leading organizing, and controlling. Henri Fayol, a French manager, first
outlined these managerial activities around the turn of the twentieth century.
A. Planning is the process of choosing appropriate goals and actions for the organization. It
involves three steps: deciding which goals the organization will pursue, deciding what
courses of action to adopt to attain those goals, and deciding how to allocate
organizational resources to attain those goals.
2. Planning is complex and difficult because of the level of uncertainty and the risk
involved.
C. Leading involves articulating a vision and energizing employees so that they are eager to
play a part in achieving organizational goals. Leadership involves the use of power,
influence, vision, persuasion, and effective communication skills.
D. Controlling is the process of evaluating how well an organization is achieving its goals
and taking corrective action to maintain or improve performance, if needed.
2. The outcome of the control process is the ability to measure performance accurately
and regulate organizational efficiency and effectiveness.
3. The controlling function also allows managers to evaluate how well they are
performing the functions of planning, organizing, and leading.
Slide 14
2. Middle managers supervise first-line managers. They also work with first line
managers to identify new ways of reaching organizational goals. Very often, the
suggestions that they make to top management can dramatically increase organizational
performance.
3. Top managers are responsible for the performance of all departments and therefore
have a cross-departmental responsibility. Because top management is ultimately
responsible for the success or failure of the organization, persons inside and outside of
the organization closely scrutinize their performance.
b. The term COO (chief operating officer) is often used to refer to the top
manager who is being groomed to take over when the current CEO leaves the
company or retires.
Slide 15
4. The relative importance of planning, organizing, leading and controlling varies
according to managerial level. Top managers devote most of their time to planning and
organizing, while lower level managers devote more time to leading and controlling.
Slide 16
B. Managerial Skills
1. Research has shown that education and experience help managers acquire three
managerial skills that let them perform their jobs effectively: conceptual, human, and
technical.
2. Conceptual skills include the ability to analyze a situation and distinguish between
cause and effect. Top managers require the strongest conceptual skills because their
primary responsibilities are planning and organizing. Conceptual skills are often gained
through formal education.
3. Human skills include the ability to understand, alter, lead, and control the behavior of
people and groups. The ability to communicate, to coordinate and motivate people, is the
principal difference between effective and ineffective managers.
4. Technical skills are job-specific knowledge and techniques. The specific kinds of
technical skills depend up on the manager’s position in the organization.
5. The term competencies is often used to refer to the specific set of skills, abilities, and
experiences that gives one manager the ability to perform at a higher level than another.
6. Effective managers need all three skills; the absence of even one can lead to failure.
Developing new and improved skills through education and training has become a major
priority for both aspiring managers and their organizations. Promotion is often tied
closely to a manager’s ability to acquire the competencies that a particular company
believes are important.
Slide 17
For the rest of the time I will let you read the article and discuss it afterword.