Management and its Functions Flashcards
Define Management by Objectives
Management using clearly set goals and objectives to direct behaviour and affect motivation. The goal is set and staff must meet it.
Define Situational and Contingency Management
A theory suggesting that management is related to the managers personality, behaviour or experience. Their management/leadership style will change based on the situation at hand.
Define Functional Management
A model where each manager manages a limited range of activities and uses their knowledge and understanding to direct employees.
Define Action Centred Management
For every job, managers must balance balance three main responsibilities: achieving the task, managing the team and managing individuals.
Define Transformational Management
When managers aim to transform, grow and develop their employees. They believe this will motivate them to succeed and work hard.
Define Transactional Management
The belief that every task is important and staff have to be rewarded when they complete tasks to motivate them. This could include pay rises, prizes or promotions.
Define Planning
A function of management that involves determining business goals, working out a strategy to achieve them, designing a plan to implement the strategy.
Define Organising
A function of management involved in arranging relationships between Human Resources and other resources to accomplish goals. They must organise teams, schedules, resources, budgets and other aspects of management.
Define Coordinating
A function of management ensuring that the right people are in the right places, with the right skills at the right time. Making sure when a job needs to be done, the correct resources are in place to make it happen.
Define Controlling
A function of management ensuring that all of the activities taking place are aimed at meeting the organisations goals. Also about making sure that each individual resource is performing at its best level.
Define Monitoring
A function of management involving systematically checking on progress or performance. This is ensuring that once resources have been set a goal, they are actually accomplishing or working towards it.
Define Delegating
A function of management involving giving someone the power and authority to carry out a task or activity on the managers behalf. A manager cannot directly lead all activities and must rely on others.
Define Conflict Management
A function of management involved in ensuring that if workplace conflict occurs management is able to positively resolve the situation so the company is not negatively affected.
