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What Is Management? A Brief Overview of the Business Discipline

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Presentation Transcript

  1. MAnagement

  2. WHAT´S MANAGEMENT? • Business discipline • Human activity in a company • Theoretical science • Ability to manage a company

  3. WHO IS A MANAGER? = a person who manages something or somebody Manager´s basic tasks: • Responsibility for other people´swork • Planning the work • Allocating the resources • Control

  4. MANAGEMENT FUNCTIONS • Planning • Organizing • Staffing • Leading • Controlling

  5. PLANNING = how to achieve a particular goal

  6. TYPES OF PLANES • According to time: • Long-term plan (5 and more years) • Medium-term plan (1-5 years) • Short-term plan (up to 1 year) • According to control: • Strategic plan • Tactical plan • Operational plan • According to area management – e.g. Production plan, staffing plan, financial plan …

  7. ORGANIZING = assigning work and granting authority • The goal is to design an organizational structure • Types of organizational structures: • Functional structure • Divisional structure • matrix

  8. STAFFING = includes human resources planning and working with employees • The company have to find people with: • Right skills • Knowledge • Abilities to be the right employee on the right place.

  9. STAFFING It includes a lot of work with employees: • Recruiting • Selecting • Training • Developing • Educating • Etc.

  10. LEADING = The company needs to do more than just plan, organize, and staff to achieve a goal. The managers must also lead. It involves: • Motivating • Communicating • Guiding • encouraging

  11. CONTROLLING It includes: • Establishing benchmarks or standards • Comparing actual performance against standards • Treatment of unwanted

  12. TYPES OF CONTROL • According to time: • Feedforward control • Concurrent control • Feedback control • According to duration: • Continuous • Regular • Irregular • Partial control or complex control

  13. Resources: • http://www.cliffsnotes.com/more-subjects/principles-of-management/the-nature-of-management/functions-of-managers • http://education-portal.com/academy/lesson/types-of-planning-strategic-tactical-operational-contingency-planning.html#lesson • http://smallbusiness.chron.com/different-types-organizational-structure-723.html • http://www.cliffsnotes.com/more-subjects/principles-of-management/staffing-and-human-resource-management/staffing-as-a-management-function • www.pixabay.com

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