Lec 01 Flashcards
What is Management?
Management is the planning, organizing, and controlling of resources to achieve organizational goals effectively and efficiently.
What are resources
assets such as people machinery, raw materials, information, skills and capital
Organizational goal?
Is a desired future outcome that an organization strives to achieve
What are managers?
Managers are people responsible for supervising the use of an organization’s resources to achieve its goals
Tasks of a manager?
- Planning
- Organizing
- Leading
- Controlling
How is an organization described?
A set of people coordinating their activity in pursuit of goals
Organizational Performance?
Principles of scientific Management to increase work efficiency?
- Study the way workers perform their tasks
- Codify the new methods
- Carefully select workers
- Establish a fair or acceptable level of performance for a task
The congruence Model: Nadler and Tushman
Congruence?
The degree to which the needs, demands, goals, objectives, and or structures of one component are consistent with those of the other
The grater the congruence between components the more effective the organization will be