- Management is the attainment of organizational goals in an effective and efficient manner through planning, orginizing, leading and controlling organizational resources. And according to Mary Parker Follet, management is “the art of getting things done through people” - Managers employ an empowering leadership style *2) What are the management functions? There are four functions of management and they are: planning, orginizing, leading and controlling. *3) What is the process of management? There are three steps in the process: - In the first step, we need some resources for the process such as human, finance, raw materials, technology, information. - The second step of the process is the management functions, there are four functions of management and they are: planning, organizing, leading and controlling. + In planning, we identify goals for future organizational performance and deciding on the tasks and use of resources needed to attain them. + In organizing, we assign tasks, grouping tasks into departments, delegating authority, and allocating resources across the organization. + In leading, we use influence to motivate employees. Leading means creating a shared culture and values, communicating goals to people throughout the organization, and infusing employees with the desire to perform at a high level. +In controlling, we monitor activities and make corrections. - The last step are the results, the performances of the process such as attained goals, products, services, efficiency and effectiveness. *4) What is organization? Orginization is the social entity that is goal directed and deliberately structured. *5) What is the difference between efficiency and effectiveness? Effectiveness is the degree to which the organization achieves a stated goal, or succeeds in accomplishing what it tries to do. Organizational effectiveness means providing a product or service that customers value. Organizational effciency refers to the amount of resources used to achieve an organizational goal. Efficiency pertains to the amount of resources (raw materials, money, and people) necessarily used to produce a desired volume of output. *6) What are the management skills? There are three catagories of skills: - Conceptual skills: include the cognitive ability to see the organization as a whole system and the relationships among its parts. Conceptual skills involve the ability to think strategically and to identify, evaluate, and solve complex problems. Conceptual skills are most important for top managers. - Human skills: involve the manager’s ability to work with and through other people and to work effectively as a group member. Human skills include the ability to motivate, facilitate, coordinate, lead, communicate, and resolve conflicts. Human skills are essential for frontline managers who work with employees directly on a daily basis. - Technical skills: include mastery of the methods, techniques, and equipment involved in specific functions such as engineering, manufacturing, or finance. Technical skills also includes specialized knowledge, analytical ability, and the competent use of tools and techniques to solve problems in that specific discipline. Technical skills are most important for first-line managers. *7) How many management types under vertical differences? There are 3 different types of management types under vertical differences: + Top managers: are responsible for the entire organization. They are responsible for setting organizational goals, defining strategies for achieving them, monitoring and interpreting the external environment, and making decisions that affect the entire organization. They are also responsible for communicating a shared vision for the organization, shaping corporate culture, and nurturing an entrepreneurial spirit that can help the company innovate and keep pace with rapid change. They are concerned with long-term planning. + Middle managers: are responsible for business units and major departments. They are responsible for implementing the overall strategies and policies defined by top managers. Middle managers generally are concerned with the near future, rather than with long-range planning. + First-line managers: are directly responsible for production of goods and services. They are responsible for teams and non-management employees. Their primary concern is the application of rules and procedures to achieve efficient production, provide technical assistance, and motivate subordinates. *8) How many mangement types under horizontal differences? There are two types of management types under horizontal differences: + Functional managers ( includes Line managers and Staff managers): are responsible for departments that perform specific tasks. Functional departments include advertising, sales, finance, human resources, manufacturing, and accounting. Line managers are responsible for the manufacturing and marketing departments that make or sell the product or service. Staff managers are in charge of departments, such as finance and human resources, that support line departments. + General managers: are responsible for several departments that perform different functions. A general manager is responsible for a self- contained division. *9) What are the ten management roles? - Ten management roles are: + Figurehead (Người đại diện có tính biểu tượng) + Leader (Người lãnh đạo) + Liaison (Người liên kết) + Monitor (Nguời giám sát) + Disseminator (Người truyền tin) + Spokesperson (Người phát ngôn) + Entrepreneur (Người khởi xướng kinh doanh) + Disturbance Handler (Người giải quyết vướng mắc) + Resource Allocator (Người phân bổ nguồn lực) + Negotiator (Người đàm phán) - Ten management roles are divided into three catagories: + Interpersonal Category: The managerial roles in this category involve providing information and ideas. *Figurehead – Have social, ceremonial and legal responsibilities. *Leader – Provide leadership for your team, your department or perhaps your entire organization. *Liaison – Communicate with internal and external contacts. + Informational Category:The managerial roles in this category involve processing information. *Monitor – Seek and receive information related to your organization and industry, look for relevant changes in the environment. *Disseminator – Foward information to other orginization members; send memos and reports, make phone calls . (inside) *Spokesperson – Transmit information to outsiders through speeches, reports. (outside) + Decisional Category: The managerial roles in this category involve using information. * Entrepreneur – Initiate improvement projects; identify new ideas, delegate idea responsibility to others. * Disturbance Handler – Handle all the conflicts or crises; resolve disputes among subordinates. * Resource Allocator – Allocate funding, as well as assigning staff and other organizational resources. * Negotiator – Taking part in, and directing, important negotiations within your team, department, or organization. 10) Management in small business - Inadequate management skills is a threat - Entrepreneurs must promote the business - The roles for small business managers differ: + More important roles: Spokesperson and entrepreneur + Less important roles: Leader 11) Management in non-profit organizations - Apply the four functions of management to make social impact - More focus on keeping costs low and ensuring the stable budget - Need to measure intangibles like “improving public health” - More important roles: Spokesperson, Leader and Resource Allocator 12) What are the new management competencies? New management competencies include the ability to be an enabler rather than a controller