Acquire Fundamental Skills In Managing A Business PDF
Document Details
Tags
Summary
This presentation provides an overview of fundamental skills in business management, covering topics such as planning, organizing, staffing, and directing. It outlines the importance of these skills in creating a successful business.
Full Transcript
ACQUIRE FUNDAMENTAL SKILLS IN MANAGING A BUSINESS WORDS TO STUDY ACCOUNTABILITY AUTHORITY LINE ORGANIZATION LINE AND STAFF ORGANIZATION ORGANIZATION CHART RESPONSIBILITY MANAGEMENT FUNCTIONS OF ENTREPRENEURS 1) PLANNING –is the most basi...
ACQUIRE FUNDAMENTAL SKILLS IN MANAGING A BUSINESS WORDS TO STUDY ACCOUNTABILITY AUTHORITY LINE ORGANIZATION LINE AND STAFF ORGANIZATION ORGANIZATION CHART RESPONSIBILITY MANAGEMENT FUNCTIONS OF ENTREPRENEURS 1) PLANNING –is the most basic management function that tells you where to go and how to get there. It is like a blueprint of what, when how and by whom the things that needs to be done. CLASSIFICATION OF PLANS: 1. STANDING PLANS – repeatedly and cover policies, procedures and rules 2. SINGLE-USED / SINGLE-PURPOSE PLANS – one-shot or non repetitious CLASSIFICATION OF PLANS: 1. STANDING PLANS – repeatedly and cover policies, procedures and rules 2. SINGLE-USED / SINGLE-PURPOSE PLANS – one-shot or non repetitious STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan STEPS INVOLVED IN STRATEGIC PLANNING 1. Formulate organization objectives. 2. analyze present resources 3. Determine alternative courses of action 4. Examine the alternatives 5. Select the best course of action 6. Develop support plans 7. Implement the plan 2) ORGANIZING The following shows the organizational relationships of the positions and their corresponding authority, responsibility and accountability. A. LINE ORGANIZATION B. LINE AND STAFF ORGANIZATION C. FUNCTIONAL STAFF ORGANIZATION LINE ORGANIZATION 3) STAFFING A. ASSESS YOUR WORKLOAD B. STUDY JOBS IN THE COMPANY C. EXAMINE YOUR PRESENT PERSONNEL D. DESIGN AN IMPROVEMENT PLAN 4) DIRECTING a. Motivation – process of encouraging
