Session 6- leading and managment Flashcards
(38 cards)
Define mgt
-getting things done through people
-responsible for using and coordinating organisation resources to meet its goals efficiently and effectively
what are the 4 roles of a manager
1.Set objectives
2.Monitor progress
3. communicate corporate values
4.look after interest of owners(stewardship)/stakeholders
What are the 4 elements of mgt and define them
1.Authority- right to do something
2.Power-ability to do something
3.Responsibility-obligation to do something/get work done
4.Accountability-readiness to accept responsibility and judgement by others- answerability
what are the 4 M’s of manager
1.money
2.manpower
3.materials
4.machine capacity
what is delegation
A manager uses his power and authority and allocates authority and responsibility to subordinates while retaining overall authority
work delegated should be within the control of the manager
how is power delegated in delegation
downwards
what are the 4 benefits of delegation
1.motivation
2.training
3.assessment
4.delegation bring decisions closer to the actual/real situation
is delegation a form of centralisation or decentralisation
decentralisation
According to Max Weber what are the 3 ways people could acquire legitimate power{authority}
1.charismatic- ability to inspire
2.traditional- established belief on the importance of immemorial tradition
3.rational/legal- workings of accepted rules
what are the 8 types of power by french and raven
- Physical -armed/superior force
- Resource- power to allocate resource
- Position- legitimate power
- Expert-competence/expertise
- Referrent-personal qualities/hierarchy
- Negative-use power in wrong way
- Coercive - fear of punishment
8.Reward
WHAT ARE THE 4 MGT THEORIES
- Henri Fayol
2.FW Taylor - Drucker
- Mintzberg
What is a project
an undertaking that has a beginning and an end and is carried out to meet established goals within cost,schedule and quality objectives
What are the 7 roles of a product manager
1.planning
2.team-building
3.communication
4.coordination
5.monitoring and control
6.problem solving
7.quality control
give 5 features of the scientific mgt by frederick taylor
1.only thing that motivates people is money
2. work and productivity is more important than workers
3.work study techniques to find efficient methods/one best way to get job done
3.came up with DOL-Jobs are micro designed
4. Train workers and give them monetary incentives to accept new methods
5.Planning is managers job
According to Henri Fayol,the classical mgt, what are the 5 functions of mgt
- Planning-objectives, strategies, policies, plans
- Organising [by dept]- group task into functions and allocate authority
3.Commanding- instruct subordinates on how to do task that manager has authority and responsibility upon
4.Coordinate- integrate objectives, interest, reconcile difference
5.Control- monitor, give feedback, measure
According to Peter Drucker,what is the one basic function of a business
economic performance/profit maximisation
what are the 3 jobs of mgt within the function of economic performance according to drucker
1.manage business
2. manage workers
3.manage managers {MBO}
how did drucker categorise work of mamager into 5 categories/functions
1.setting objectives
2.organsing
3.motivating
4.measurement-control mechanism
5developing people
unlike fayol, drucker emphasised on communication
According to Mintzberg,what are the 3 categories of managers’role
- Interpersonal-deal with human
- Informational-based on managers’access to vertical adn downward channels/contacts
3.Decisional- based on mgt formall authority and ability to take decision for dept as a whole
What are the 3 roles in interpersonal category
- Leader- command, motivate, inspire, develop
2.Liaison- maintain contact outside vertical chain of command/ outside the company - Figure head- ceremonial role,represent
What are the 3 roles in informational roles
1.Monitor- scan for info internally and externally
2.Spokesperson- provide info to interested partieson behalf of organisation
3.Disseminator- share info to those who need it{bank}
What are the 4 roles under decisional
1.Negotiator- integrate different interests through bargaining
2.Entrepreneur-mobilise reource
3.Resource allocator-
4. Disturbance Handler- respond to pressures
According to mintzberd, managers are not reflective and systematic planners. Instaead how does he describe them
disjointed and discontinuous
-involves intuition,judgement and informal communication
what is the other name of operational managers and how is his decision making
supervisors{manager at lowest level}
-routine,predictable,detailed
