Chapter 1 Flashcards
(23 cards)
7 challenges TO BEING A STAR MANAGAER (CDGIESH)
COMPETITIVE ADVANTAGE DIVERSITY GLOBALIZATION IT ETHICAL SUSTAINABILITY HAPPY HAPPY HAPPY
CDGIESH
Competitve Advantage
produce goods for effectively.
Managing for Competitive Advantage
BE responsive
Innovative
Quality
Effecient
Sustainability
FUTURE
Four Principal Functions MANAGER
Planning
Organizing
Leading
Controlling
Top Managers
Long term choices Strategies Objectives Policies Determine the direction of company
Middle Managers
Implement the policies and plans of top managers
First Line Managers
Make SHORT TERM operating choices
Daily tasks
Functional Manger
ONE ORGANIZATION
General Manager
SEVERAL ORGANIZATIONS
Mintzberg’s findings
- relies more on verbal than written
- long hours, intense pace
- fragmentation, bevity, variety
3 types of Managerial Roles
Interpersonal
Informational
Decisional
Interpersonal Roles
Interact with people inside AND outside their work units
FIGUREHEAD LEADER LIASION
Informational Roles
Receive and communication information
MONITOR SPOKESPERSON
Decisional Roles
MAKE chioces to solve problems
Disturbance handler, entrepreneur, negotiator
ENTREpreneurSHIP
taking risks to try to create new
Entrepreneur
Someone who sees a new pop. for a product or service and launches a business to try to realize it
Intraprenuer
Works inside an exsiting organzating and brainstorms basically
How do managers and entrepreneurs differ?
Entre. is what it takes to STARTa business AND managers is what it takes to grow or MAINTAIN a business
Technical Skills
Job-Specific knowledge needed to perform
Conceptual Skills
Ability too think and visualize
Human Skills
work well and cooperate with others
Most Valued Manager traits
Engage
Communicate
Work experience outside US
High energy levels to meet the demands of global travel
