Management Flashcards
Manager types
- Strategic Managers (TOP) - company goal, long-term, interaction between organisation and external
- Tactical Manager (MIDDLE) - translate goals in specific actions - sorter-term - coordination of resources
- Operational Manager (FRONT) - involved with employees, implement specific aactivities
4 Management functions
- Planning - objectives
- Organising - coordination
- Leading - energising/motivating
- controlling - performance assessment
Historical Thoughts on Management
- Operational Perspective - one best way; scientific management
- Behavioural Perspective - Human relations approach; employee involvement; Hawthorne effect
- Contemporary Approach - no one-best way; adaptation
- Emergent perspective - addresses fundamental changes; focuses on trends
systems Theory (contemporary management approach)
organisation is a system of interrelated parts that function in a holistic way to achieve a common purpose: inputs > transformation process > outputs
Contingency Theory (contemporary management approach)
No one best way to manage an organisation -> understand the key contingencies that determine the most effective management practice in a given situation
The learning organisation perspective (contemporary management approach)
Management. approach based on an organisation anticipating change faster than its counterparts -> experimental learning
Modular Organization (Emergent perspectives and issues)
traditional structures with departments -> non-critical functions are outsources
The Intangible Organisation ((Emergent perspectives and issues)
shift from tangible to intangible organisations emphasising innovation and creativity -> More R&D less tangible goods
Taylor’s four principles of scientific management (Operational perspective)
- Study each part of a task and develop the best method to perform it
- Carefully select workers to perform the task
- Cooperate fully with the workers
- Delegate
The Hawthorne Effect (The Behavioural Perspective)
More concern for employees -> Increased motivation & Productivity
Marslow’s Hierarchy of Needs (Behavioural Perspective)
- Human nature is fundamentally good
- Motivation goes beyond pay
1. Physiological needs (survive)
2. Safety (security, protection, stability)
3. Social needs
4. Esteem (respect, prestige, recognition)
5. Self-actualization (self-fulfilment, use whole potential)