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The Nature of Management Lecture #1
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Characteristics of Organizations Combining of individual efforts in pursuit of certain common purposes or organizational goals Division of labor Hierarchy of authority
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Characteristics of Organizations These all are tasks of Management
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Management defined: The process of integrating resources and tasks toward the achievement of stated organizational goals “Responsibility for Performance”
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Process A series of actions or measures; A method of operation
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Bzzzzzzzz
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splat!
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SPLAT!!!!!!!
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Effectiveness The degree of success in accomplishing a task
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Efficiency The minimal use of resources in accomplishing a task
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Authority
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Right to Act or Command or Do
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Responsibility Obligation to Act or Command or Do
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Parity When the level of Authority equals the level of Responsibility
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Dr. Joe’s first day as a Lifeguard
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Classical View of Authority
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Behavioral View of Authority
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Major Management Functions Planning Organizing Directing (Leading) Controlling
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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
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Organizing Developing the structure of the organization Acquiring and training human resources Establishing communication patterns and networks
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Directing Motivating employees (members of the organization) Influencing employees to perform Forming effective groups Improving job performance
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Controlling Determining elements of a control system (performance standards) Evaluating and rewarding employees’ performance Controlling financial, information, and physical resources
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Minor(?) Management Functions Staffing Coordinating
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