Management Principles in Action CHAPTER 10 9/22/2018 CHAPTER 10 Management Principles in Action 10-1 Managers And Cultural Differences 10-2 Management Process and Organization 10-3 The Changing Process of Management INTERNATIONAL BUSINESS

LESSON 10-1 Managers And Cultural Differences GOALS Explain the characteristics of successful managers and how management styles vary. Understand the effects of cultural differences on a global workforce.

Managers in Organizations 10 Managers in Organizations Characteristics of managers Styles of managers Autocratic management Participative management Free-rein management

Use of Power or Authority by Managers 10 Use of Power or Authority by Managers M A X I Z E M I N Z E Power or Authority to Control Others Autocratic Managers Participative Managers Free-Rein Managers

Influences of Cultural Differences 10 Influences of Cultural Differences Participation in making decisions Hiring preferences Permanence of employment Labor-management relationships

LESSON 10-2 Management Process and Organization GOALS Describe the basic components of the process of managing. Differentiate between organizational structures based on function, product, and geography.

Process of Managing 10 Planning and decision making Organizing, staffing, and communicating Motivating and leading Controlling

Structures of Organizations 10 Structures of Organizations Organization by function Organization by product Organization by geography

Organization by Function 10 Organization by Function

Organization by Product 10 Organization by Product

Organization by Geography 10 Organization by Geography

LESSON 10-3 The Changing Process of Management GOALS Discuss factors that affect the levels of management in an organization. Describe the four stages through which a business might pass to reach global status. Explain the differences between management today and the way it is expected to be in the future.

Levels of Management 10 Span of control Lines of authority Front-line managers Middle managers Senior managers Chief executive officer (CEO) Lines of authority Delegation of authority and responsibility

10 Span of Control

Evolution of Organizations and Management 10 Evolution of Organizations and Management Stage 1: Domestic Company Stage 2: Exporting Company Stage 3: International Corporation Stage 4: Global Corporation

Managing Now and in the Future 10 Managing Now and in the Future As business globalization increases, the role of the manager will continue to change. Managers increasingly think and act globally and they are focused on the future.