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MGT 200 Management Theory 4 Required Reading: Chapter 1 of textbook: Management 7th Edition by Robbins & Coulter 4 Topic: Introduction to Management
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Introduction to Management 4 Learning Objectives: 1.Define “manager,” “management” and “organization” 2.Describe what managers do 3.Understand the skills needed to be a good manager
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What Is An Organization? 4 A deliberate arrangement of people to accomplish some specific purpose 4 Any structured group of people working together to achieve certain goals that individuals could not achieve alone
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What Is A Manager? 4 Someone who works with and through others 4 By coordinating their work activities 4 To accomplish organizational goals
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What Is Management? 1.The process of coordinating work activities so they are completed efficiently and effectively with and through other people. 2. A group of individuals within an organization who hold managerial positions who make key directional decisions and are held accountable for results
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Classifications of Management 4 First line supervisors –directly responsible for production of goods or services 4 Middle managers –translate organizational strategies and goals into specific objectives and plans for an area or task 4 Executives –responsible for overall direction and operation of an organization and results
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Basic Management Tasks ¬ Planning –Define organization mission, vision, values –Develop overall goals and specific objectives for future performance –Decide ways to reach them
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Basic Management Tasks Organizing –Create a structure of relationships for the organization’s human resources that enables them to carry out plans to meet organizational goals –Select and assign people to specific roles and tasks
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Basic Management Tasks ® Leading –Communicate with and motivate others –To perform the tasks necessary to achieve organizational goals
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Basic Management Tasks ¯ Controlling –Monitor and evaluate performance –Take corrective action –To ensure achievement of organizational goals
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Functional vs. General Managers Functional Managers Oversee a specific area of an operation Task diversity LOW Technical skills HIGH General Managers Responsible for multiple (or all) areas of an operation Task diversity HIGH Technical skills LOW
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Managerial Skills 4 Technical skills –proficiency in a specialized field 4 Human relations skills –work with and through others 4 Conceptual skills –deal with abstract and complex situations
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Conceptual Skills 4 Assimilate data from many sources 4 Sort information to identify trends 4 Think holistically - see the big picture 4 Think systemically 4 Identify winning strategies 4 Determine which activities will achieve organizational strategies 4 Develop plans and schedules to achieve specific goals efficiently
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Human Relations Skills 4 Effective transfer and exchange of information 4 Speaking, writing 4 Formal and informal 4 Listening, observing 4 Negotiation 4 Networking 4 Manage team dynamics
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Self-Management Skills 4 Integrity and ethical conduct 4 Personal drive 4 Resilient 4 Balance work/life issues 4 Take care of self mentally, physically, spiritually 4 Self-awareness 4 Ongoing learning and skill development
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Common Reasons for Managerial Failure 4 Problems with interpersonal relationships 4 Inability to lead a team 4 Inability to learn, develop, adapt 4 Performance problems 4 Narrow functional perspective
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Summary 4 Defined “manager,” “management” and “organization” 4 Managerial tasks: –plan, organize, lead and control 4 Levels of management 4 Functional vs. general managers 4 Managerial skills
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Monday, January 14 4 Read Chapter 2 in textbook, pages 26-40 4 Read Chaos Theory interview of Meg Wheatley 4 Read pages 15-18 of Sloan Management Review article by Peter Senge (Systems Thinking)
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