Management Lesson 1 PDF

management Lesson 1: Definition of Organization and Management Roles and Processes  organization A group of people working together in structured and coordinated fashion to achieve a set of goals. Management Kinds of organizations For profit – operate to make money, from small busi...

management Lesson 1: Definition of Organization and Management Roles and Processes  organization A group of people working together in structured and coordinated fashion to achieve a set of goals. Management Kinds of organizations For profit – operate to make money, from small businesses to large multinationals Knowledge discovery – research organizations such as NASA, FDA National defense – responsible for protecting citizens and preventing crime such as AFP, PNP Social needs – promote an advocacy, such as children’s rights awareness promotion by UNICEF and DSWD Cooperatives – private business organizations controlled by people who use its products or services (e.g., pulwagan) Management  role of a manager Planning and decision-making Organizing Controlling Leading Management Planning and decision-making Formulating realistic plans to meet organizational goals Assessing the best ways to use available resources Financial resources Material resources Human resources Management  organizing Determining how to best group and use resources, especially human resources Assigning tasks to employees with the right skills Management  controlling Monitoring activities to align with goals and pre-determined targets Measuring results against the goal and troubleshooting problems Management  Leading Leading – motivating members to work in the best interest of the organization The people who work for a company have a huge impact on a company’s success Example: in school projects, the enthusiasm and motivation levels of group members directly affect the quality of group outputs Management 3 Levels of management Top managers – manage the organization’s overall goals, strategy, and policy Middle managers – execute top management directives, supervise and coordinate lower-level managers First-line managers – supervise and coordinate activities of operating employees, also known as team leaders Management Sample organizational chart Management Responsibilities of management Efficiency – maximize resources to produce a quality expected by customers Effectivity – get results without wasting time, materials, money or energy Management Management skills Technical skills – specific skill sets required to complete the work (e.g., a finance manager must know accounting) Interpersonal skills – ability to communicate, motivate teams and individuals, and work with others Communication – ability to clearly express ideas, give clear instructions, listen well to others, and pay attention to both verbal and non-verbal cues Management Management skills Conceptual – ability to formulate strategy and generate ideas Diagnostic – ability to analyze situations and identify problems and opportunities Decision-making – ability to make timely decisions Management