1. UNIT A LEADERSHIP AND SUPERVISION
2.00 Understand the Management Process

2. UNIT A LEADERSHIP AND SUPERVISION
2.03 Understand the relationship between company objectives and the management process.

4. The concepts of company mission statements, objectives, and strategies
Mission statement: A statement of the purpose and direction for the business that answers the questions who, what, when, where, and why related to the business operations.

5. The concepts of company mission statements, objectives, and strategies
Goals/Objectives: Specific statements that clearly communicate what the business expects to achieve.

6. The concepts of company mission statements, objectives, and strategies
Strategies: Specific statements indicating how the business expects to accomplish its objectives taking the demands of the target market(s) into account.

7. Company goals/objectives
Established to fulfill the mission statement
Must be:
single-minded,
realistic,
specific,
measurable,
consistent with each other and with overall company goals
must include a time frame for completion

8. Company goals/objectives (cont.)
Types of objectives
Sales
Profit
Image
Internal

9. Company goals/objectives (cont.)
Types of objectives
SALES
Growth
Stability
Market share

10. Company goals/objectives (cont.)
Types of objectives
PROFIT
Rate of profit as a percent of sales
Profit as rate of return on investment for shareholders

11. Company goals/objectives (cont.)
Types of objectives
IMAGE
Customer satisfaction
Supplier satisfaction

12. Company goals/objectives (cont.)
Types of objectives
INTERNAL
Employee relations
Employee development

13. Company objectives (cont.)
Typical time frames for completion
Daily
Short term – completion expected to take less than a year
Medium term – completion expected in one to five years
Long term – expected to require over five years to accomplish

14. Thursday, February 11th Unit A2 - Management Process
Obj – Slide Show – Notes
Review for Unit A2 Test
Individual Review - Quia
Earn $3,000,000
Win Battleship at Easy, Medium and hard levels
Challenge Board
Group Review
Clickers
UNIT A2 TEST on FRIDAY!!!

15. Strategies Identify target markets
Identify appropriate marketing mix choices
Utilize information obtained during SWOT analysis

16. Communicate mission statements, company goals/objectives, & strategies
Information should be communicated to everyone involved in achieving objectives.
Management
Employees
Customers
Suppliers
All specific and necessary information should be included.
All employees should understand the objectives and their roles in accomplishing those objectives.

17. Review company goals/objectives and strategies
Adjust objectives and strategies as necessary.
Arrange for periodic reviews to measure progress.
Audit: A systematic review to compare work performed with procedures and policies established by management.
Auditor: A person who is qualified and authorized to examine and verify an organization’s financial records and reports.

18. Steps in implementing an audit
Select auditor
Determine frequency for audit
Develop audit forms
Identify department(s) to be audited
Conduct audit(s)
Report results to management

19. Friday, February 12th Unit A2 – Leadership & Supervision
Unit A2 Test – Quia
Current Event
Unit B3 – Vocabulary – Write terms and definitions (turn in)
Undercover Boss
Examples of Leadership
Examples of Management

20. www.driveofyourlife.org PLAN B Go to the Website: Register yourself.
Go thru the program – getting your car and answering questions about your interests and career.
Once you get your car complete – take a tour to review your possible career choices.