Professional Documents
Culture Documents
The Management
Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-6
Planning Ahead — Chapter 1 Study Questions
©2013 John Wiley & Sons, Inc. All rights reserved. 1-7
Chapter 1 Learning Dashboard
1. Working today
1. Talent
2. Technology
3. Globalization
4. Ethics
5. Diversity
6. Careers
2. Organizations
1. What is an organization?
2. Organizations as systems
3. Organizational performance
4. Changing nature of organizations
• Talent
– People and their talents are the ultimate
foundations of organizational performance
– Intellectual capital is the collective brainpower or
shared knowledge of a workforce that can be
used to create value
– A knowledge worker’s mind is a critical asset to
employers and adds to the intellectual capital of
an organization
©2013 John Wiley & Sons, Inc. All rights reserved. 1-10
Takeaway
Place Slide Title Text1:Here
Working Today
Commitment Competency
Intellectual
Capital
©2013 John Wiley & Sons, Inc. All rights reserved. 1-11
Takeaway
Place Slide 1:Here
Title Text Working Today
• Technology
– Tech IQ is a person’s ability to use technology to
stay informed:
• Checking inventory, making a sales transaction,
ordering supplies
• Telecommuting
• Virtual teams
• Effective use of online resources
– Databases
– Job searches
– Recruiting
– Social Media
©2013 John Wiley & Sons, Inc. All rights reserved. 1-12
Takeaway
Place Slide Title Text1:Here
Working Today
Globalization
– The worldwide interdependence of resource
flows, product markets, and business
competition that characterize our economy
– Job migration occurs when firms shift jobs from
one country to another
©2013 John Wiley & Sons, Inc. All rights reserved. 1-13
Takeaway
Place Slide Title Text1:Here
Working Today
Ethics
– Code of moral principles that set standards of
conduct of what is “good” and “right”
in one’s behavior
©2013 John Wiley & Sons, Inc. All rights reserved. 1-14
Takeaway
Place Slide Title Text1:Here
Working Today
©2013 John Wiley & Sons, Inc. All rights reserved. 1-15
Takeaway
Place Slide 1:Here
Title Text Working Today
Diversity
– Workforce diversity reflects differences with
respect to gender, age, race, ethnicity, religion,
sexual orientation, and able-bodiedness
– A diverse and multicultural workforce both
challenges and offers opportunities to employers
©2013 John Wiley & Sons, Inc. All rights reserved. 1-16
Takeaway
Place Slide Title Text1:Here
Working Today
How diversity bias can occur in the workplace:
• Prejudice: is the display of negative, irrational
attitudes toward members of diverse populations.
• Discrimination actively denies minority members
the full benefits of organizational
membership.
• Th e glass ceiling eff ect is an invisible
• barrier limiting career advancement of
• women and minorities.
©2013 John Wiley & Sons, Inc. All rights reserved. 1-17
Takeaway
Place Slide 1:Here
Title Text Working Today
Careers
– Organizations consist of three types of workers,
sometimes referred to as a shamrock
organization:
( page 10), please
Permanent
review it carefully
full time
workers
Temporary Freelance
part-time or contract
workers workers
©2013 John Wiley & Sons, Inc. All rights reserved. 1-18
Takeaway
Place Slide Title Text1:Here
Working Today
• Free-agent economy
– People change jobs more often, and many work
on independent contracts
• Self-management
– Ability to understands oneself, exercise
initiative, accept responsibility, and learn from
experience
©2013 John Wiley & Sons, Inc. All rights reserved. 1-19
Takeaway
Place Slide Title Text2: Organizations
Here
Organization
– A collection of people working together to
achieve a common purpose
– Organizations provide useful goods and/or
services that return value to society and satisfy
customer needs
©2013 John Wiley & Sons, Inc. All rights reserved. 1-20
Place Slide Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-21
Takeaway
Place Slide Title Text2: Organizations
Here
Organizational performance
– “Value creation” is a very important notion for
organizations
– Value is created when an organization’s
operations adds value to the original cost of
resource inputs
– When value creation occurs:
• Businesses earn a profit
• Nonprofit organizations add wealth to society
©2013 John Wiley & Sons, Inc. All rights reserved. 1-22
Takeaway
Place Slide Title Text2: Organizations
Here
Organizational performance
Performance Performance
Productivity
effectiveness efficiency
• An overall • An output • An input
measure of the measure of task measure of the
quantity and or goal resource costs
quality of work accomplishment associated with
performance goal
with resource accomplishment
utilization taken
into account
©2013 John Wiley & Sons, Inc. All rights reserved. 1-23
Place Slide Title Text Here
Figure 1.2 Productivity and the
dimensions of organizational
performance
©2013 John Wiley & Sons, Inc. All rights reserved. 1-24
Takeaway
Place Slide Title Text2: Organizations
Here
Demise of “command-and-control”
Emphasis on teamwork
Preeminence of technology
Importance of networking
Priorities on sustainability
©2013 John Wiley & Sons, Inc. All rights reserved. 1-25
Place SlideTakeaway 3: Managers
Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-26
Takeaway
Place Slide 3: Managers
Title Text Here
• Manager
– Directly supports, activates and is responsible for
the work of others
– The people who managers help are the ones
whose tasks represent the real work of the
organization
©2013 John Wiley & Sons, Inc. All rights reserved. 1-27
Takeaway
Place Slide 3: Managers
Title Text Here
Levels of management
– Board of directors make sure the organization is
run right
– Top managers are responsible for performance of
an organization as a whole or for one of its major
parts
– Middle managers oversee large departments or
divisions
– Team leaders supervise non-managerial workers
©2013 John Wiley & Sons, Inc. All rights reserved. 1-28
Place Slide Title Text Here
Figure 1.3 Management levels in a typical
business and non-profit organizations
©2013 John Wiley & Sons, Inc. All rights reserved. 1-29
Takeaway
Place Slide 3: Managers
Title Text Here
Types of managers
• Line managers are responsible for work activities that
directly affect organization’s outputs
• Staff managers use technical expertise to advise and support
the efforts of line workers
• Functional managers are responsible for a single area of
activity
• General managers are responsible for more complex units
that include many functional areas
• Administrators work in public and nonprofit organizations
©2013 John Wiley & Sons, Inc. All rights reserved. 1-30
Takeaway
Place Slide 3: Managers
Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-31
Takeaway
Place Slide 3: Managers
Title Text Here
Corporate Governance
– Board of directors hold top management
responsible for organizational performance
Financial Ethical
performance Sustainability
performance
©2013 John Wiley & Sons, Inc. All rights reserved. 1-32
Place SlideTakeaway 3: Managers
Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-33
Place SlideTakeaway 3: Managers
Title Text Here
QWL indicators:
• Fair pay
• Safe working conditions
• Opportunities to learn and use new skills
• Room to grow and progress in a career
• Protection of individual rights
• Pride in work itself and in the organization
©2013 John Wiley & Sons, Inc. All rights reserved. 1-34
Takeaway
Place Slide 3: Managers
Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-35
Place Slide Title Text Here
Figure 1.4 The organization viewed as an
upside-down pyramid
©2013 John Wiley & Sons, Inc. All rights reserved. 1-36
PlaceTakeaway
Slide Title4:Text
The Here
Management Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-37
Place Slide Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-38
PlaceTakeaway
Slide Title4:Text
The Here
Management Process
Functions of management
– Planning
• The process of setting objectives and determining
what actions should be taken to accomplish them
– Organizing
• The process of assigning tasks, allocating resources,
and coordinating work activities
©2013 John Wiley & Sons, Inc. All rights reserved. 1-39
PlaceTakeaway
Slide Title4:Text
The Here
Management Process
Functions of management …
– Leading
• The process of arousing people’s enthusiasm to work
hard and direct their efforts to achieve goals
– Controlling
• The process of measuring work performance and
taking action to ensure desired results
©2013 John Wiley & Sons, Inc. All rights reserved. 1-40
Takeaway 4: The Management Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-42
PlaceTakeaway
Slide Title4:Text
The Here
Management Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-43
PlaceTakeaway
Slide Title5:Text
Learning
Here How to Manage
• Learning
– The change in a behavior that results from
experience
• Lifelong learning
– The process of continuously learning from
daily experiences and opportunities
©2013 John Wiley & Sons, Inc. All rights reserved. 1-44
Place Slide Title Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-45
Place Slide Title Text Here
Figure 1.7 Learning model for developing
managerial skills and competencies
©2013 John Wiley & Sons, Inc. All rights reserved. 1-46
Place Slide Title Text Here
JOHN R. SCHERMERHORN, JR.
MANAGEMENT
12th Edition
Chapter 7
The Decision-Making
Process
©2013 John Wiley & Sons, Inc. All rights reserved. 7-47
1-47
Planning
Place Ahead
Slide — Chapter
Title Text Here 7 Study Questions
©2013 John Wiley & Sons, Inc. All rights reserved. 1-48
Chapter
Place Slide 7 Learning
Title Text Here Dashboard
©2013 John Wiley & Sons, Inc. All rights reserved. 1-49
Chapter
Place Slide 7 Learning
Title Text Here Dashboard
©2013 John Wiley & Sons, Inc. All rights reserved. 1-50
Takeaway
Place Slide1:Title
Information, Technology, & Management
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-51
Takeaway
Place Slide1:Title
Information, Technology, & Management
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-52
Takeaway
Place Slide1:Title
Information, Technology, & Management
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-53
Takeaway
Place Slide1:Title
Information, Technology, & Management
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-54
Takeaway
Place Slide1:Title
Information, Technology, & Management
Text Here
Executive dashboards
• Visually update and display key
performance indicators and information
on a real-time basis
©2013 John Wiley & Sons, Inc. All rights reserved. 1-55
Takeaway
Place Slide1:Title
Information, Technology, & Management
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-56
Takeaway 1: Information, Technology, & Management
Place Slide Title Text Here
Implications of IT for
Implications of IT within
relationships with external
organizations:
environment:
• Helps with customer • Facilitation of
relationship management communication and
• Helps organizations with information sharing
supply chain management • Operating with fewer
• Helps in monitoring middle managers
outsourcing and other • Flattening of organizational
business contracts structures
• Faster decision making
• Increased coordination and
control
©2013 John Wiley & Sons, Inc. All rights reserved. 1-57
Place Slide Title Text Here
Figure 7.1 Internal and external information
needs in organizations
©2013 John Wiley & Sons, Inc. All rights reserved. 1-58
Place Slide Title Text Here
Figure 7.2 Information technology is breaking
barriers and changing organizations
©2013 John Wiley & Sons, Inc. All rights reserved. 1-59
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-60
Place Slide Title Text Here
Figure 7.3 The manager as an information-
processing nerve center
©2013 John Wiley & Sons, Inc. All rights reserved. 1-61
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
Problem solving
– The process of identifying a discrepancy between actual
and desired performance and taking action to resolve it
Performance Performance
Decision
threat opportunity
A choice among Situation offers
Something is
possible the chance for a
wrong or has
alternative better future if
the potential to
courses of the right steps
go wrong
action are taken
©2013 John Wiley & Sons, Inc. All rights reserved. 1-62
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-63
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
Systematic Intuitive
thinking thinking
• approaches • approaches
problems in a problems in a
rational, step-by- flexible and
step, and spontaneous
analytical fashion fashion
©2013 John Wiley & Sons, Inc. All rights reserved. 1-64
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-65
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-66
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
Types of problems
– Structured problems are ones that are familiar,
straightforward, and clear with respect to
information needs
– Programmed decisions apply solutions that are
readily available from past experiences to solve
structured problems
©2013 John Wiley & Sons, Inc. All rights reserved. 1-67
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
Types of problems
– Unstructured problems are ones that are
full of ambiguities and information
deficiencies
– Nonprogrammed decisions apply a specific
solution to meet the demands of a unique
problem
– Commonly faced by higher-level
management
©2013 John Wiley & Sons, Inc. All rights reserved. 1-68
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-69
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-70
Takeaway
Place Slide 2: Information
Title and Managerial Decisions
Text Here
Certain environment
Risk environment
Uncertain environment
©2013 John Wiley & Sons, Inc. All rights reserved. 1-71
Place Slide Title Text Here
Figure 7.4 Three environments for managerial
decision making and problem solving
©2013 John Wiley & Sons, Inc. All rights reserved. 1-72
Place Slide Title Text Here
Figure 7.5 Steps in managerial decision making and
problem solving
©2013 John Wiley & Sons, Inc. All rights reserved. 1-73
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-74
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-75
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-76
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-77
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-78
Place Slide Title Text Here
Figure 7.6 Differences in the classical and behavioral
decision-making models
©2013 John Wiley & Sons, Inc. All rights reserved. 1-79
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-80
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-81
Takeaway
Place 3 : The
Slide Title TextDecision-Making
Here Process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-82
Takeaway
Place 4: Issues
Slide Title Textin Managerial
Here Decision Making
©2013 John Wiley & Sons, Inc. All rights reserved. 1-83
Takeaway
Place 4: Issues
Slide Title in Managerial
Text Here Decision Making
Availability Bias
• Bases a decision on recent information or events
Representativeness Bias
• Bases a decision on similarity to other situations
Framing Error
• Trying to solve a problem in the context in a positive or negative context
Confirmation Error
• Focusing on information that confirms a decision already made
Escalating Commitment
• Continuing a course of action even though it is not working
©2013 John Wiley & Sons, Inc. All rights reserved. 1-84
Takeaway
Place 4: Issues
Slide Title in Managerial
Text Here Decision Making
©2013 John Wiley & Sons, Inc. All rights reserved. 1-85
Takeaway
Place 4: Issues
Slide Title Textin Managerial
Here Decision Making
Task
Motivation
Task Creativity
Expertise Skills
Creativity
©2013 John Wiley & Sons, Inc. All rights reserved. 1-86
Takeaway
Place 4: Issues
Slide Title Textin Managerial
Here Decision Making
Management
Support
Team Organizational
Creativity
Skills Culture
Creativity
©2013 John Wiley & Sons, Inc. All rights reserved. 1-87
Place Slide Title Text Here
JOHN R. SCHERMERHORN, JR.
MANAGEMENT
12th Edition
Chapter 8
Fundamentals of
Planning
©2013 John Wiley & Sons, Inc. All rights reserved. 7-88
1-88
Planning
Place Ahead
Slide — Chapter
Title Text Here 8 Study Questions
©2013 John Wiley & Sons, Inc. All rights reserved. 1-89
Chapter
Place Slide 8 Learning
Title Text Here Dashboard
©2013 John Wiley & Sons, Inc. All rights reserved. 1-90
Chapter
Place Slide 8 Learning
Title Text Here Dashboard
©2013 John Wiley & Sons, Inc. All rights reserved. 1-91
Takeaway
Place 1: Why
Slide Title Textand How Managers Plan
Here
• Planning
– The process of setting objectives and
determining how to accomplish them
• Objectives and goals
– Identify the specific results or desired outcomes
that one intends to achieve
• Plan
– A statement of action steps to be taken in order
to accomplish the objectives
©2013 John Wiley & Sons, Inc. All rights reserved. 1-92
Takeaway
Place 1: Why
Slide Title Textand How Managers Plan
Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-93
Place Slide Title Text Here
Figure 8.1 The roles of planning and controlling
in the management process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-94
Takeaway
Place 1: Why
Slide Title Textand How Managers Plan
Here
• Benefits of planning:
– Improves focus and flexibility
– Improves action orientation
– Improves coordination and control
– Improves time management
©2013 John Wiley & Sons, Inc. All rights reserved. 1-95
Takeaway
Place 1: Why
Slide Title Textand How Managers Plan
Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-96
Takeaway
Place 1: Why
Slide Title Textand How Managers Plan
Here
©2013 John Wiley & Sons, Inc. All rights reserved. 1-97
Takeaway
Place 2: Types
Slide Title TextofHere
Plans Used by Managers
• Types of plans
– Long-term plans look three or more
years into the future
– Short-term plans typically cover one
year or less
©2013 John Wiley & Sons, Inc. All rights reserved. 1-98
Takeaway
Place 2: Types
Slide Title TextofHere
Plans Used by Managers
Most of us
• 3 month time
frame
A few of us
• 1 year time frame
Very few of us
• 20 year time frame
©2013 John Wiley & Sons, Inc. All rights reserved. 1-99
Takeaway
Place 2: Types
Slide Title TextofHere
Plans Used by Managers
©2013 John Wiley & Sons, Inc. All rights reserved. 1-100
Takeaway
Place 2: Types
Slide Title TextofHere
Plans Used by Managers
©2013 John Wiley & Sons, Inc. All rights reserved. 1-101
Takeaway
Place 2: Types
Slide Title TextofHere
Plans Used by Managers
©2013 John Wiley & Sons, Inc. All rights reserved. 1-102
PlaceTakeaway 3: Planning
Slide Title Text HereTools and Techniques
• Forecasting
– Attempts to predict the future
– Qualitative forecasting uses expert opinions
– Quantitative forecasting uses mathematical
models and statistical analysis of historical data
and surveys
©2013 John Wiley & Sons, Inc. All rights reserved. 1-103
PlaceTakeaway 3: Planning
Slide Title Text HereTools and Techniques
• Contingency planning
– Identifying alternative courses of action to take
when things go wrong
– Contingency plans anticipate changing conditions
– Contingency plans contain trigger points
©2013 John Wiley & Sons, Inc. All rights reserved. 1-104
PlaceTakeaway 3: Planning
Slide Title Text HereTools and Techniques
• Scenario planning
– A long-term version of contingency planning
– Identifying alternative future scenarios
– Plans made for each future scenario
– Increases organization’s flexibility and
preparation for future shocks
©2013 John Wiley & Sons, Inc. All rights reserved. 1-105
PlaceTakeaway 3: Planning
Slide Title Text HereTools and Techniques
• Benchmarking
– Use of external and internal comparisons to plan
for future improvements
– Adopting best practices: things people and
organizations do that lead to superior
performance
– Staff planners assist in all steps of the planning
process
©2013 John Wiley & Sons, Inc. All rights reserved. 1-106
Takeaway
Place Slide 4: Implementing
Title Text HerePlans to Achieve Results
©2013 John Wiley & Sons, Inc. All rights reserved. 1-107
Place Slide Title Text Here
Figure 8.2 A sample hierarchy
©2013 John Wiley & Sons, Inc. All rights reserved. 1-108
Takeaway
Place Slide 4: Implementing
Title Text HerePlans to Achieve Results
©2013 John Wiley & Sons, Inc. All rights reserved. 1-109
Takeaway
Place Slide 4: Implementing
Title Text HerePlans to Achieve Results
• Participatory Planning
– unlocks the motivational potential of goal setting
– management by objectives (MBO) promotes
participation
– when participation is not possible, workers will
respond positively if supervisory trust and
support exist
©2013 John Wiley & Sons, Inc. All rights reserved. 1-110
Place Slide Title Text Here
Figure 8.3 How participation and involvement help
build commitment to plans
©2013 John Wiley & Sons, Inc. All rights reserved. 1-111