Chapter 1 - Understanding the Managers Job Flashcards
What is an Organization?
A Group of People working together to achieve a set of goals.
What is Management?
Activities designed to achieve organizational goals effectively & efficiently.
Manager: responsible for executing the management process.
What are Emerging Managerial Challenges?
Emerging Managerial challenges: Globalization Domestic Competition, government regulation changing technology/social media
What are the Three Levels of Management
Top Managers - Manage Overall Organization - Shift4$$$
Middle Managers - Implement Policies and Plans of Top Management
Line Managers - Supervise and coordinate activities of operating employees.
What other types of Managers are there?
There are Marketing managers, Financial Managers, Operations Managers, Human Resource Managers, Administrative Managers, Public Relations Manager, R&D Manager, Safety Manager etc.
What are the 4 Basic Management Functions
- Planning & Decision Making:
Planning -
A. setting goals and how best to achieve them
B. Decision Making - selecting a course of action from menu of alternatives
C. Helps managers know how/where to allocate their time and resources - Organizing - Grouping activities and resources
- Leading - process for getting the team working toward the organization’s interests
- Controlling - Monitoring progress toward goals.
What are the Six Fundamental Management Skills
- Technical Skills - fundamental abilities to accomplish the job.
- Interpersonal Skills - The ability to relate, understand, and motivate.
- Conceptual Skills - Ability to think in the abstract.
- Diagnostic Skills - Best response to a given situation.
- Communication Skills - the ability to receive and convey information?
- Time Management Skills - Prioritize, work efficiently, and delegate appropriately.
What is The Science of Management?
A. The science of management - A rational, logical, objective, and systematic approach to solving problems.
B. Quantitative approach…meaning?
C. Managerial Map
What is The Art of Management?
A. The Art of Management: Utilizing intuition, experience, instinct, and personal insight.
B. Man versus (IS NOT A) machine
C. Qualitative reasoning
C. Managerial Compass
What is the Evolution of Management
A. Theory - Conceptual framework for organizing knowledge and providing a blueprint for action
B. Management theory - used to build organizations and help them reach their goals.
C. Best indicator of the future?
D. Sun Tzu’s “The Art of War”
E. Machiavelli’s “The Prince”
What is the Classical Management Perspective?
A. Consists of scientific management & administrative management
B. Scientific management - concerned with improving the individual performance of workers
C. Frederick Taylor defined Soldiering as employees deliberately working at a slower pace than they were capable.
D. Broke each job down to individual elements.
Implemented piecework pay scale.
Define the 4 basic steps of scientific management?
- Quantify job elements.
- Perform scientific selection & training of employees.
- Supervise employees.
- Plan the work.
Scientific Management
Frank Gilbreth - Developed standard materials and techniques for bricklaying.
Lillian Gilbreth - Shaped the field of industrial psychology and contributed to personnel management.
Remember Administrative Management: Focus on managing the total organization!
A?
B?
C?
A. Henri Fayol - French industrialist>
The first to identify the managerial functions of Planning, Organizing, Leading, and Controlling. (P.O.L.C)
B. Lyndall Urwick - Developed guidelines for improving managerial effectiveness.
C. Max Weber - Developed a rationale set of guidelines for structuring organizations in the most efficient manner.
What are the 3 Limitations of Classical Management?
- Focused on simple/stable organizations
- Proposed Universal guidelines…a managerial map
- Downplayed the importance of the individual