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people together Managers must motivate and coordinate others Managers are dependent upon subordinates .They are evaluated on the work of others Managers have to cope with diverse and far-reaching challenges To keep pace with ever-advancing technology To find ways to incorporate the Internet and e-business into their strategies and business model Strive to remain competitive in a dynamic and far reaching world
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environment,
The art of getting things done through people Mary Parker Follett Give direction to their organization, provide leadership, and decide how to use organizational resources to accomplish goals -Peter Drucker
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Management is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources.
Increase Profits Minimization of Cost ( to combat rising competition) Environmental Changes /to meet the challenges of change
Planning: Identifying goals and resources or future organizational performance. Organizing: Assigning tasks, delegating authority and allocating resources.
Leading: The use of influence to motivate employees to achieve goals. Controlling: Monitoring activities taking corrective action when needed. and
Planning
Determining organizational goals and means to reach them Managers plan for three reasons
1. Establish an overall direction for the organizations future 2. Identify and commit resources to achieving goals 3. Decide which tasks must be done to reach those goals
Organizing means assigning the planned tasks to various individuals or groups within the organization and cresting a mechanism to put plans into action.
Leading
Leading (Influencing) means guiding the activities of the organization members in appropriate directions. Objective is to improve productivity.
Getting others to perform the necessary tasks by motivating them to achieve the organizations goals
1. Gather information that measures recent performance 2. Compare present performance to pre-established standards 3. Determine modifications to meet pre-established standards
Controlling
Process by which a person, group, or organization consciously monitors performance and takes corrective action
Human Skills the ability to work with and through other people Technical Skills the understanding and proficiency in the performance of specific tasks