Management PDF - Robbins & Coulter, Fifteenth Edition

Management Fifteenth Edition Chapter 1 Managers and You in the Workplace Copyright © 2021. 2018, 2016 Pearson Education, Inc. All Rights Reserved Learning O...

Management Fifteenth Edition Chapter 1 Managers and You in the Workplace Copyright © 2021. 2018, 2016 Pearson Education, Inc. All Rights Reserved Learning Objectives 1.1 Tell who managers are and where they work. 1.2 Explain why managers are important to organizations. 1.3 Describe the functions, roles, and skills of managers. 1.4 Describe the factors that are reshaping and redefining the manager’s job. 1.5 Explain the value of studying management. 1.6 Describe the benefits of the Employability Skills Matrix (ESM). Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Who Is a Manager? Manager: someone who coordinates and oversees the work of other people so that organizational goals can be accomplished Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.1 Levels of Management Exhibit 1.1 shows that in traditionally structured organizations, managers can be classified as first-line, middle, or top. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Classifying Managers First-Line Managers: manage the work of non-managerial employees Middle Managers: manage the work of first-line managers Top Managers: responsible for making organization-wide decisions and establishing plans and goals that affect the entire organization Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Where Do Managers Work? Organization: a deliberate arrangement of people to accomplish some specific purpose Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.2 Characteristics of Organizations Exhibit 1.2 shows the three common characteristics of organizations: distinct purpose, deliberate structure, and people. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Why Are Managers Important? Organizations need their managerial skills and abilities now more than ever Managers are critical to getting things done Managers do matter to organizations Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.3 Managers Make a Difference Exhibit 1.3 shows data on why managers are important. Managers that are not engaged cost organizations billions of dollars through employee turnover. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved What Do Managers Do? Management involves coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Efficiency and Effectiveness Efficiency: doing things right – getting the most output from the least amount of input Effectiveness: doing the right things – attaining organizational goals Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.4 Efficiency and Effectiveness in Management Exhibit 1.4 shows that whereas efficiency is concerned with the means of getting things done, effectiveness is concerned with the ends, or attainment of organizational goals. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Management Functions Planning: Defining goals, establishing strategies to achieve goals, and developing plans to integrate and coordinate activities Organizing: Arranging and structuring work to accomplish organizational goals Leading: Working with and through people to accomplish goals Controlling: Monitoring, comparing, and correcting work Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.5 Four Functions of Management Exhibit 1.5 shows the four functions used to describe a manager’s work: planning, organizing, leading, and controlling. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Mintzberg’s Managerial Roles and a Contemporary Model of Managing Roles: specific actions or behaviors expected of and exhibited by a manager Mintzberg identified 10 roles grouped around interpersonal relationships, the transfer of information, and decision making Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Types of Roles Interpersonal – Figurehead, leader, liaison Informational – Monitor, disseminator, spokesperson Decisional – Entrepreneur, disturbance handler, resource allocator, negotiator Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.6 Mintzberg’s Managerial Roles Exhibit 1.6 shows the managerial roles identified by Mintzberg. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Management Skills Technical skills – Knowledge and proficiency in a specific field Human skills – The ability to work well with other people Conceptual skills – The ability to think and conceptualize about abstract and complex situations concerning the organization Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.7 Skills Needed at Different Managerial Levels Exhibit 1.7 shows the relationships of conceptual, human, and technical skills to managerial levels. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Challenges Facing Managers Today and into the Future Focus on technology Focus on disruptive innovation Focus on social media Focus on ethics Focus on political uncertainty Focus on the customer Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Focus on Technology Managers must get employees on board with new technology Managers must oversee the social interactions and challenges involved in using collaborative technologies Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Focus on Disruptive Innovation One of the most critical challenges facing managers today is dealing with disruptive innovation Disruptive innovation involves new products, processes, or services that radically change the rules of the game One example is how the automobile destroyed the horse- drawn buggy industry Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Focus on Social Media Social media: forms of electronic communication through which users create online communities to share ideas, information, personal messages, and other content Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Focus on Ethics We commonly see unethical business practices in the news Examples include pharmaceutical firms raising drug prices by 500% or someone turning in fake receipts for expenses Organizational survival depends on building trust with customers, clients, suppliers, employees, and other stakeholders Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Focus on Political Uncertainty In the past, major democratic nations like the US, Canada, and the UK have been relatively stable politically In the last 10 years these countries have shifted to greater political uncertainty Brexit and the USMCA are examples of that shift Some states, such as California, have placed additional regulations on business Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Focus on the Customer Without customers, most organizations would cease to exist Managing customer relationships is the responsibility of all managers and employees Consistent, high-quality customer service is essential Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved The Universality of Management The reality that management is needed in all types and sizes of organizations, at all organizational levels, in all organizational areas, and in organizations no matter where located Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.8 Universal Need for Management Exhibit 1.8 shows that management is universally needed in all types of, and throughout all areas of, organizations. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved The Reality of Work When you begin your career, you will either manage or be managed Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Rewards of Being a Manager Responsible for creating a productive work environment Recognition and status in your organization and in the community Attractive compensation in the form of salaries, bonuses, and stock options Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.9 Rewards From Being a Manager Create a work environment in which organizational members can work to the best of their ability Have opportunities to think creatively and use imagination Help others find meaning and fulfillment in work Support, coach, and nurture others Work with a variety of people Receive recognition and status in organization and community Play a role in influencing organizational outcomes Receive appropriate compensation in the form of salaries, bonuses, and stock options Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Gaining Insights into Life at Work Students need to understand management principles regardless of career choice Workplace Confidential boxes located in each chapter will introduce students to various workplace challenges and give advice on how to handle those challenges Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Employability Skills Matrix (ESM) The ESM will be presented at the beginning of each chapter and focus on key skills covered in that chapter. These include: Critical thinking Communication Collaboration Knowledge application and analysis Social responsibility skills Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Exhibit 1.10 Employability Skills Matrix (ESM) Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.1 Tell who managers are and where they work. – Managers coordinate and oversee the work of other people so that organizational goals can be accomplished. – Managers work in an organization, which is a deliberate arrangement of people to accomplish some specific purpose. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.2 Explain why managers are important to organizations. – Organizations need their managerial skills and abilities in uncertain, complex, and chaotic times. – Managers are critical to getting things done in organizations. – Managers contribute to employee productivity and loyalty. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.3 (1 of 3) Describe the functions, roles, and skills of managers. – Management involves coordinating and overseeing the efficient and effective completion of others’ work activities. – The four functions of management include planning, organizing, leading, and controlling. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.3 (2 of 3) Mintzberg’s managerial roles include: – Interpersonal, involve people and other ceremonial/symbolic duties (figurehead, leader, and liaison) – Informational, collecting, receiving, and disseminating information (monitor, disseminator, and spokesperson) – Decisional, making choices (entrepreneur, disturbance handler, resource allocator, and negotiator) Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.3 (3 of 3) Katz’s managerial skills include: – Technical (job-specific knowledge and techniques) – Human (ability to work well with people) – Conceptual (ability to think and express ideas) Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.4 Describe the factors that are reshaping and redefining the manager’s job. – Managers must be concerned with: ▪ Customer service because employee attitudes and behaviors play a big role in customer satisfaction ▪ Technology as it impacts how things get done in organizations ▪ Social media because these forms of communication are becoming important and valuable tools in managing ▪ Innovation because it is important for organizations to be competitive ▪ Sustainability as business goals are developed ▪ Employees in order for them to be more productive Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.5 Explain the value of studying management. – The universality of management—managers are needed in all types and sizes of organizations – The reality of work—you will manage or be managed – Significant rewards and challenges Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Review Learning Objective 1.6 Describe the benefits of the Employability Skills Matrix (ESM) Helps students develops five critical skills – Critical thinking – Communication – Collaboration – Knowledge application – Social responsibility Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved Copyright This work is protected by United States copyright laws and is provided solely for the use of instructors in teaching their courses and assessing student learning. Dissemination or sale of any part of this work (including on the World Wide Web) will destroy the integrity of the work and is not permitted. The work and materials from it should never be made available to students except by instructors using the accompanying text in their classes. All recipients of this work are expected to abide by these restrictions and to honor the intended pedagogical purposes and the needs of other instructors who rely on these materials. Copyright © 2021, 2018, 2016 Pearson Education, Inc. All Rights Reserved