Chapter 1: The Exceptional Manager Flashcards
What you do, how you do it
A group of people who work together to achieve some specific purpose. A system of continuously coordinated activities of 2 or more people
Organization
The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organization’s resources
Management
To use resources wisely and cost effectively
Efficiency
To achieve results, to make the right decisions, and to successfully carry them out so that they achieve the organization’s goals
Effectiveness
An experienced person who provided guidance to someone new in the work world
Mentor
The management process that “gets things done”: Planning, organizing, leading, and controlling
Four management functions
Setting goals and deciding how to achieve them
Planning
Arranging tasks, people, and other resources to accomplish the work
Organizing
Motivating, directing, and otherwise influencing people to work hard to achieve the organization’s goals
Leading
Monitoring performance, comparing it with goals, and taking corrective action as needed
Controlling
Managers who determine what the organization’s long-term goals should be for the next 1-5 years with the resources they expect to have available
Top managers
Implement the policies and plans of the top managers above them and supervise and coordinate the activities of the first-line managers below them
Middle managers
They make short-term operating decisions, directing the daily tasks of nonmanagerial personnel
First-line managers
Facilitate team members’ activities to help teams achieve their goals
Team leaders
Those who either work alone on tasks or with others on a variety of teams
Nonmanagerial employees
Manager who is responsible for just one organizational activity
Functional manager
Manager who is responsible for several organizational activities
General manager
Organization for making money
For-profit organization
Organization for offering services
Nonprofit organization
Organization for aiding members
Mutual-benefit organizations