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This lecture covers the fundamental activities of management within engineering contexts, emphasizing the significance of planning, organizing, controlling, and leading. It highlights how managers at all levels engage in planning to align organizational objectives with strategies, creating a roadmap for success. Organizing is discussed as the process of structuring roles, while controlling ensures that performance meets established standards. Leadership is framed as the art of influencing individuals to achieve group goals, addressing the interpersonal dynamics crucial for effective project management.
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Lecture 2 Engineering Management Science
Planning • Basic activity of mgmt, Mgr at every level do planning • Determined through objectives of organization & establishment of appropriate strategies for achieving them. • Strategy provides- with direction, A sense of unity of purpose – integrative blueprint for organization • Strategy serves to obtain a match b/w external environment & internal capabilities. • intended to achieve a sustained competitive advantage over competitors. • Planning involves selecting “missions & objectives” & actions to achieve them.
Organizing • Involves establishing intentional structure of roles for people to fill in organization • Organizing involves turning plans into actions • After developing strategy, & plans to achieve the objective they need to develop an organization to accomplish objectives
Controlling • Measuring & correcting individual & organizational performance to ensure that events conform to plans. • 3 elements: • Establishing Standard of Performance • Info that indicates Deviation b/w actual versus established standards • Actions to Correct performance that doesn’t meet standards • Facilitates accomplishment of plans.
Leading • Influencing people- so that they will contribute to organization & group goals • Predominantly, to do with interpersonal aspect of managing • In project Most important problems arise form people – their desires & attitudes, their behavior as individuals & in groups • Effective project mgrs also need to be effective leaders. • Leadership implies follower-ship & people tend to follow those who offer means of satisfying their own needs, wishes, & desires.
Reading Assignment • Chapter 2: Drucker, Peter Ferdinand. Management: Tasks, Responsibilities, Practices. New York: Harper Collins, 1973.