Principles Of Management Flashcards
(96 cards)
What the planning is?
Planning is the process, when the managers set the goals and describe the way to attain it. There are to major components: the goal statement “what” and the action statement “how”.
Why do managers create the plans? (Reasons)
- providing directions to managers and non-managers
- reacting to the changes of environment
- set the goals
- create the road map for the future activities
- detect strength and weakness of the company
- increase economic efficiency
- make control process easier
Four plan criterias
- Breadth
- Time-frame
- Specifity
- Frequency of use (частота использования)
What is plan criteria “breadth”
This criteria included:
- Strategic (institutional) Plans is the long-term plans for Organisation (company)
- Operational plans is a short-term plans for the organizational area
What is plan criteria “time-frame”?
Short-term plans (1 hour - 1 year), medium-term plans (1-3 years), long-term plans (3+ years)
What is plan criteria “specifity”?
- Directional plan - flexible plans, which are easy to change
- Specific plan - clearly defined plan and can’t be changed
What is plan criteria “frequency of use”?
- Standing plans (постоянные планы) - gives the reconciliations for the MAIN rules, policies and conditions of organization
- Single-use plans - describe terms for unique situations
What does SMART goal technique mean?
S- specific
M - mensurable
A - Archivable
R - realistic
T - time-bounded
What is Demig-Cycle?
- Plan
- Do
- Check
- Act
(1-7)
What is the Management by objectives (MBD) method?
MBD is the process of setting agreed goals and evaluate the performance of employers using it.
1) Set the goal
2) divide it between departments
3) department managers set the goals for their departments and communicate with other department-managers
4) the plan to archive goals discuss between all employers
5) Plan discuss and agrees between all managers
6) plan makes
7) Plan is Reviewed and employers have a feedback
8) Successful archived goals rewards
What is OKR method?
OKR - objectives and Key results
The whole team (company) knows about the objectives and key results
Which factors influence to plan development?
1) organizational levels
2) the environmental uncertainty
3) Plan time-frame
Describe the planning process
1) Determine the present stage of company (strength and weakness)
2) Set future goals
3) Set predictions about the future and examine information about environment
4) Make a plan (determine the course of actions)
5) Analyzing plan and making changes
History of management: Who discovered the discipline of management and when?
Frederic Taylor, 1911 year
Frederic Taylor’s principles
- scientific methods of studying helps managers to find more effective ways of task-making
- workers are assigned to ask according to their skills and motivation
- A workers performance is monitored and checked against key performance indicators
- The steps of work are divided by managers and employees the way that manager can focus on time planning and training, while workers do the tasks efficiently.
- Functions that managers perform: planning, organising, commanding, coordinating, controlling
What is “Howthorne effect”?
is more positive changes when managers give more attention to workers
What means the system theory?
it explains the company like an open, productive, socio-technical system
what is “open systems” and “close systems”?
Open systems are influenced by and interning with the environment around them (Открытые системы находятся под влиянием окружающей среды).
Closed systems are without interactions with with the environment.
company triangle is
- Top: upper (top/ exclusive) management - making decisions
- Second level: middle management - manage the work of first-line managers
- First-line management - control the work of employers
- Employees
What are the functions of managers?
(define the goals)
Planning, Organising, Leading, Controlling = achieving the started purposes
additional functions of managers:
environmental scanning, customer relations and marketing, community relations, internal consulting (консультант внутри компании)
Which roles do managers plays?
- informational
- Interpersonal (межличностый) - contact person, motivates people
- Decisional (decisión-making)
Which skills does manager should have?
technical skills, human resources skills, conceptual skills (optimise, analyse)
What is “formal organisation”?
Formal organisation is defines relationships, responsibilities and connections inside the organisation, which shows roles , responsibilities and the flow of information (поток информации). The formal organisation works the way to define the purposes and recruiting people follow this tasks.