Management Handout 5 Flashcards
what is management?
the process of reaching organisational goals by working with and through people and other organisational resources.
what is the difference between management and leadership?
the leader’s job is to inspire and motivate, consider long-term strategy, the challenges facing the business and how to overcome them
the manager’s job is to plan, and coordinate and control the workforce
give 5 characteristics of effective managers
empathy
self awareness
enthusiasm
hardworking
inspirational
give 6 roles of managers
plan
organise
lead
coordinate
control
functional eg HR/sales
what is the function of planning for managers?
involves choosing tasks that must be performed to attain organisational goals
outlining how the task must be performed
indicating when they should be performed
what is the function of organising for managers?
assigning the tasks developed in the planning stages to various groups/individuals
organising resources to initiate plan
what is the function of controlling for managers?
gather information that measures performance
compare present performance to pre-establishes performance norms
determine the next action plan and modifications for meeting the desired performance parameters
must be able to exercise command over employees
what is the function of functional areas for managers?
a manager may have specialist skills in one functional are eg HR but they are often aligned with the general management concept which is responsible for various functional areas with different functional tasks within sales, operations and finance
managers need to be focused on the coordination of people within those departmental setups
what is the function of coordinating for managers?
management seeks to coordinate through its basic functions like planning, organising, staffing, directing and controlling
achieving harmony between individual’s efforts towards achievement of a groups goals is a key to success to management
what is the function of leading for managers?
also referred to as motivating, influencing, directing
can be defined as guiding the activities of organisation members in the direction that helps the organisation move towards the fulfilment of the goals
what are three roles of managers?
decision-making roles
information roles
interpersonal roles
what is involved in interpersonal roles?
hiring, firing, training, motivating, organising
what is involved in decision-making roles?
the access to information that managers have enables them to use their formal authority to make decisions
what is involved in information roles?
acting as a channel for information to flow between divisions/departments within an organisation
define MBOs (management by objectives)
as the process whereby the employers and the superiors come together to identify common goals
the employees et their goals to be achieved
the standards to be taken as the criteria for measurement of their performance and contribution and deciding the course of action is followed