1. The Nature of Management Lecture #1

2. Characteristics of Organizations  Combining of individual efforts in pursuit of certain common purposes or organizational goals  Division of labor  Hierarchy of authority

3. Characteristics of Organizations  These all are tasks of Management

4. Management defined:  The process of integrating resources and tasks toward the achievement of stated organizational goals  “Responsibility for Performance”

5. Process  A series of actions or measures; A method of operation

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7. splat!

8. SPLAT!!!!!!!

9. Effectiveness The degree of success in accomplishing a task

10. Efficiency The minimal use of resources in accomplishing a task

11. Authority

12.  Right to Act or Command or Do

13. Responsibility  Obligation to Act or Command or Do

14. Parity  When the level of Authority equals the level of Responsibility

15. Dr. Joe’s first day as a Lifeguard

16. Classical View of Authority

17. Behavioral View of Authority

18. Major Management Functions  Planning  Organizing  Directing (Leading)  Controlling

19. Planning  Evaluating environmental forces and organizational resources  Establishing a set of organizational goals  Developing strategies and plans to achieve the stated goals  Formulating a decision making process

20. Organizing  Developing the structure of the organization  Acquiring and training human resources  Establishing communication patterns and networks

21. Directing  Motivating employees (members of the organization)  Influencing employees to perform  Forming effective groups  Improving job performance

22. Controlling  Determining elements of a control system (performance standards)  Evaluating and rewarding employees’ performance  Controlling financial, information, and physical resources

23. Minor(?) Management Functions  Staffing  Coordinating