Lecture Principles of management: Chapter 1 - Charles W.L. Hill, Steven McShane

The learning objectives for this chapter include: Describe the basic functions of management, identify where in an organization managers are located, discuss the challenges people encounter as they become first-line managers, describe the roles managers adopt to perform the basic functions of management, outline the competencies managers must have to be effective. | chapter 1 Management McGraw-Hill/Irwin Principles of Management © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Learning Objectives Describe the basic functions of management Identify where in an organization managers are located Discuss the challenges people encounter as they become first-line managers Describe the roles managers adopt to perform the basic functions of management Outline the competencies managers must have to be effective Management and Managers Management: The art of getting things done through people in the organization Managers give organizations a sense of purpose and direction Managers create new ways of producing and distributing goods and services Managers change how the world works through their actions See Learning Objective 1: Describe the basic functions of management. See text page: 4 Leaders versus Managers Source: Adapted from “Leadership versus management: What’s the difference?”, The Journal for Quality and Participation, 2006 Process . | chapter 1 Management McGraw-Hill/Irwin Principles of Management © 2008 The McGraw-Hill Companies, Inc., All Rights Reserved. Learning Objectives Describe the basic functions of management Identify where in an organization managers are located Discuss the challenges people encounter as they become first-line managers Describe the roles managers adopt to perform the basic functions of management Outline the competencies managers must have to be effective Management and Managers Management: The art of getting things done through people in the organization Managers give organizations a sense of purpose and direction Managers create new ways of producing and distributing goods and services Managers change how the world works through their actions See Learning Objective 1: Describe the basic functions of management. See text page: 4 Leaders versus Managers Source: Adapted from “Leadership versus management: What’s the difference?”, The Journal for Quality and Participation, 2006 Process Management Leadership Vision Establishment * Plans and budgets * Develops process steps and set timelines * Set the direction and develops the vision * Develops strategic plans to achieve the vision Development and Networking * Organizes and staffs * Maintain structure * Aligns organization * Communicates the vision, mission, and direction Vision Execution * Controls processes * Identifies problems * Motivates and inspires * Energizes employees to overcome barriers to change Vision Outcome * Manages vision order and predictability * Provides expected results * Promotes useful and dramatic changes See Learning Objective 1: Describe the basic functions of management. Leaders versus Managers This slide offers difference between leaders and managers. Often students wonder whether leaders and managers are the same or are there any differences. This study suggest that understanding the differences between leadership and management can ensure that employees know when and how to apply each set .

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