Copyright © 2007 South-Western. All rights reserved. Chapter 7 Managing Effectively

Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Learning Objectives Managing Effectively MethodsLevels Skills Functions

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. The Key Decisions in Running a Business

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Management Pyramid Top Mid-Level Front Line/Supervisory CEO, CFO, COO Vice Pres. Sales Mgrs Plant Mgrs. SupervisorsForemen

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Levels of Management Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Levels of Management Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Management Functions Levels Functions Skills Methods Functions Planning Organizing Leading Controlling

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Management definition The process used to accomplish organizational goals through planning, organizing, leading and controlling people and other organizational resources.

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Process of Management Resources EmployeesCapitalProductsInformation Management PlanningOrganizingLeadingControlling Feedback Achievement of Goals & Objectives

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Planning Vision ( 终极目标） Mission statement （宗旨） Goals （大的，长期的目标） Objectives （小的，短期的目标）

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Nokia’s vision Vision Nokia believes that mobile technology can help create a more sustainable future. Combined with better product design, closer control of production processes, and greater material reuse and recycling, mobile communications can help to reduce the use of scarce natural resources and energy.

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Planning Types

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Exercise You decide to start a netbar business near GXNU. Your future plan is to open chain stores first in Guilin, then to Liuzhou. You plan for the first year. How much can you earn? What will you do for the first month? You borrowed money from the bank to start the business. What will you do if you can’t pay the money back in time?

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Interrelated Plans Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Organizing Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Organizing Organize the resources to achieve the goals. Who is to do what, who is responsible to whom; Assign tasks, establish procedures

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Foreign Culture Express What do you need to do if you are the organizer?

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Leading means creating a vision for the organization and communicating guiding, training, coaching and motivating others to work effectively to achieve the organization goals and objectives.

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Leadership Styles Levels Functions Skills Methods ParticipativeAutocraticFree-Rein

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved.

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Controlling Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Investors & Reporting Levels Functions Skills Methods Investors Sarbanes-Oxley Act

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Integration of Functions Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Software for Improvement Levels Functions Skills Methods CreativityEvaluation Decisions Management Negotiating Hiring

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Managerial Skills Levels Functions Skills Methods Technical Conceptual Interpersonal Decision Making

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Decision-Making Steps Levels Functions Skills Methods

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Time Management Levels Functions Skills Methods Priorities Intervals InterruptionsGoals Delegate

Managing Effectively Portion of Graphic from pg 240 will go here Copyright © 2007 South-Western. All rights reserved. Efficient Meetings Levels Functions Skills Methods