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Chapter 6: Understanding the Management Process (Mgmt Specializations…
Chapter 6: Understanding the Management Process
Levels of MGMT
Organizing- the grouping of resources and activities to accomplish some end result in an efficient and effective manner.
Leading and Motivating- The process of influencing people to work toward a common goal. The process of providing reasons for people to work in the best interests of an organization.
Planning-establishing organizations goals and deciding how to accomplish them. EX- Starbucks ''to inspire and nurture the human spirit- one person, one cup, and one neighborhood at a time''
Controlling- The process of evaluating and regulating ongoing activities to ensure that goals are achieved.
Management Skills
Technical- Specific skills needed to accomplish a specialized activity. needs to understand the technical skills relevant to the activities they manage in order to train subordinates, answer questions and provide guidance.
Communication- The ability to speak, listen, and write effectively./Managers need both oral and written communication skills. Ex: presentation,conduct interview, and hold press conference.
Interpersonal- The ability to deal effectively with other people. ex: relate to people, understand their needs and motives, and show genuine compassions.
Cognitive- The ability to think in abstract terms. basically allows managers to see the "big pic" and understand how the various parts of an organization or idea can fit together.
Analytical: the ability to identify problems correctly, generate reasonable alternatives, and select the "best" alternatives to solve problems.
Mgmt Specializations
Human Resources: a person charged with managing an organization's human resources programs.
Sustainability:economic production and consumption that minimizes environmental impact and maximizes resource conservation and reuse.
Finance: a manager who is primarily responsible for an organization's financial resources.
Operations: a manager who manages the systems that convert resources into goods and services.
Info Tech:is the discipline whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities.
Marketing: a manager who is responsible for facilitating the exchange of products between an organization and its customers or clients.
Types of plans
CEO
Strategic >5yrs
Upper
V.P
Strategic >5 yrs
Upper
Manager
Tactical- 1-5yrs
Middle
Supervisor
Supervisory -Operation <1yr
Employee