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Chapter 1

Managers are important to organizations because they coordinate work, improve productivity and loyalty. Managers oversee work at all levels from first-line to top management. They ensure work is completed efficiently and effectively through planning, organizing, leading and controlling. Studying management is universally valuable because its principles apply to all organizations regardless of size, industry or location. Understanding management roles, skills and functions helps organizations adapt to a changing business environment defined by customers, innovation and sustainability.
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0% found this document useful (0 votes)
64 views10 pages

Chapter 1

Managers are important to organizations because they coordinate work, improve productivity and loyalty. Managers oversee work at all levels from first-line to top management. They ensure work is completed efficiently and effectively through planning, organizing, leading and controlling. Studying management is universally valuable because its principles apply to all organizations regardless of size, industry or location. Understanding management roles, skills and functions helps organizations adapt to a changing business environment defined by customers, innovation and sustainability.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Slide 2

• Explain why managers are important to organizations

• Tell who managers are and where they work

• Describe the functions, roles, and skills of managers

• Describe the factors that are reshaping and redefining the manager’s job

• Explain the value of studying management

Slide 3

Why are Managers Important?

• Organizations need their managerial skills and abilities more than ever in these uncertain,
complex, and chaotic times.

• Managerial skills and abilities are critical in getting things done.

• The quality of the employee/supervisor relationship is the most important variable in


productivity and loyalty.

Slide 4

Who Are Managers?

• Manager

– Someone who coordinates and oversees the work of other people so that
organizational goals can be accomplished.

Slide 5

Classifying Managers

• First-line Managers - Individuals who manage the work of non-managerial employees.

• Middle Managers - Individuals who manage the work of first-line managers.

• Top Managers - Individuals who are responsible for making organization-wide decisions and
establishing plans and goals that affect the entire organization.

Slide 6

Exhibit 1-1: Levels of Management


Slide 7

Where Do Managers Work?

• Organization - A deliberate arrangement of people assembled to accomplish some specific


purpose (that individuals independently could not accomplish alone).

• Common Characteristics of Organizations

– Have a distinct purpose (goal)

– Are composed of people

– Have a deliberate structure

Slide 8

Exhibit 1-2: Characteristics of Organizations


Slide 9

What Do Managers Do?

• Management involves coordinating and overseeing the work activities of others so that their
activities are completed efficiently and effectively.

Slide 10

Effectiveness and Efficiency

• Efficiency

– “Doing things right”

– Getting the most output for the least inputs

• Effectiveness

– “Doing the right things”

– Attaining organizational goals

Slide 11

Exhibit 1-3: Efficiency and Effectiveness in Management

Slide 12

Management Functions
• Planning - Defining goals, establishing strategies to achieve goals, and developing plans to
integrate and coordinate activities.

• Organizing - Arranging and structuring work to accomplish organizational goals.

• Leading - Working with and through people to accomplish goals.

• Controlling - Monitoring, comparing, and correcting work.

Slide 13

Exhibit 1-4: Four Functions of Management

Slide 14

Management Roles

• Roles are specific actions or behaviors expected of a manager.

• Mintzberg identified 10 roles grouped around interpersonal relationships, the transfer of


information, and decision making.

Slide 15

Management Roles

• Interpersonal roles

– Figurehead, leader, liaison

• Informational roles

– Monitor, disseminator, spokesperson

• Decisional roles

– Entrepreneur, disturbance handler, resource allocator, negotiator

Slide 16
Exhibit 1-5: Mintzberg’s Managerial Roles

Slide 17

Skills Managers Need

• Technical skills

– Knowledge and proficiency in a specific field

• Human skills

– The ability to work well with other people

• Conceptual skills

– The ability to think and conceptualize about abstract and complex situations
concerning the organization

Slide 18

Exhibit 1-6: Skills Needed at Different Managerial Levels


Slide 19

Exhibit 1-7: Important Managerial Skills

Slide 20

The Importance of Customers

• Customers: the reason that organizations exist

– Managing customer relationships is the responsibility of all managers and


employees.

– Consistent high quality customer service is essential for survival.

Slide 21

The Importance of Innovation


• Innovation

– Doing things differently, exploring new territory, and taking risks.

– Managers should encourage employees to be aware of and act on opportunities for


innovation.

Slide 22

The Importance of Sustainability

• Sustainability -

a company’s ability to achieve its business goals and increase long-term shareholder value
by integrating economic, environmental, and social opportunities into its business strategies.

Slide 23

Exhibit 1-8: Changes Facing Managers


Slide 24

Why Study Management?

• Universality of Management

– The reality that management is needed

• in all types and sizes of organizations

• at all organizational levels

• in all organizational areas

• in all organizations, regardless of location

Slide 25

Exhibit 1-9: Universal Need for Management

Slide 26

Exhibit 1-10: Rewards and Challenges of Being a Manager


Slide 27

Terms to Know

• manager

• first-line managers

• middle managers

• top managers

• management

• efficiency

• effectiveness

• planning

• organizing

• leading

• controlling

• management roles

• interpersonal roles

• informational roles

• decisional roles

• technical skills

• human skills

• conceptual skills
• organization

• universality of management

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