ENTREPRENURIAL

MANAGEMENT
HOLY GARDENS MEMORIAL PARK GROUP
 According to Peter Drucker,
management made the greatest
contribution to economic
development in the 20th century
1. Making people's strengths effective and their weaknesses
irrelevant.

2. Enhancing the ability of people to contribute

3. Integrating people in a common venture by:

1. thinking through,
2. setting and exemplifying the organizational objectives, values
and goals

4. Enabling the enterprise and its members to grow and develop

through training, developing and teaching

5. Ensuring everyone knows what needs to be accomplished, what

they can expect of you, and what is expected of them

Management allows us to coordinate hundreds or thousands of

people with different skills and knowledge to achieve common goals.
Nothing comes close
Getting things done through others:
MANagement
 Involves:

Input

Key
Activities / Throughput
Processes
What is to be done?
How it is done?
4Ms in Fishbone

manpower machinery materials methods

The six soldiers of Management
ITO
Throughput
SMART Management

Attainable
Major activities of Management
Often abbreviated as: PLOCC-SEAR

• Communicating/coordinating
•Staffing
•Executing
•Audit & Review
PDCA
 Various Functions
FINANCE

Marketing

HR -
Manpower
Operations
Self-Discipline
Good management is good
management everywhere
 Line vs staff function
Line and staff management has two separate hierarchies:

(1) the line hierarchy in which the departments are revenue

generators (manufacturing, selling), and their managers are
responsible for achieving the organization's main objectives by
executing the key functions (such as policy making, target setting,
decision making);

(2) the staff hierarchy, in which the departments are revenue

consumers, and their managers are responsible for activities that
support line functions (such as accounting, maintenance, personnel
management)
Matrix system: dual plane reporting
Problem solving decision
making
Your level in management is
determined by complexity of
problem solved
 SOME SCIENTIFIC TOOLS
GANTT CHART BAR CHART
 SOME SCIENTIFIC TOOLS

PARETO CHART
SOME SCIENTIFIC TOOLS
DECISION TREE
 HIGH OUTPUT MANAGEMENT BY ANDREW GROVE
INTENSE COMMUNICATION ONE ON ONE
NUDGING

BATCHING
GROUP MEETINGS
DUAL PLANE REPORTING

ONE TIME SET UP

 Peter Drucker: the Father of
Management
1. Know where your time goes
2. Focus on results
3. Effective decision making
4. Focus on opportunities, not
problems
Sales – Cost = GP
Management is all about work,
standard work scheduling;
management of workers
Five Disciplines by: Peter Senge
Breakthrough thinking by Hibino:
Force Field Analysis by Kurt
Lewin
System principle:
1. Purpose
2. Inputs
3. Throughputs
4. Environment
5. Information aid
6. Human aid
7. Catalysts
 Others:
1. Time and motion study –
scientific method
2. One best way
3. Delegation
4. Command and control/checks
and balances
5. Span of control
Work as a religion
Multiplication of riches and
resources:
We need more spirit in man
PASSION, INTEGRITY & COMPETENCE
Ownership: MESEL
SENSE OF COMMUNITY - TEAMWORK