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Unit 3 Introduction to Management - Coggle Diagram
Unit 3 Introduction to Management
Management is ....
A
manager
is someone who co-ordinates the day-to-day operations of a company. This is achieved through the use of controlling, organising and planning as well as leading, motivating and communicating. e.g. organising the staff rota
Manager vs Entrepreneur / enterprise
whereas an
entrepreneur
is responsible for spotting a gap in the market. They take on the personal and financial risk of the business idea. e.g. Mark Zuckerberg set up Facebook
Enterprise
is the act of someone showing creativity in coming up with a new idea/ way of doing something.** They take a personal and/or financial risk that their idea might fail. e.g. a principle promoting healthy eating through a new lunch menu,
Characteristics of an manager
Charismatic
Hard-working
Flexible
Has initiative
Problem-solving
Be able to explain these with keywords
Management Activities
Controlling
Organising
Planning
** Must know these definitions
Management Skills
Motivating
Communicating
Leading
** Must know these definitions