Professional Documents
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Nature of Management
Nature of Management
Learning Objectives
1. The Definition of Management
2. The Management Functions
3. Management Skills
4. What is it like to be a Manager?
Elements of Management
• Managers are the executive function of the
organization
• Building and coordinating the entire system
• Create systems and conditions that enable
others to perform those tasks
• Create the right systems and environment,
managers ensure that the department or
organization will survive and thrive
• Recognize the key role of people
Elements of Management
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The Definition of Management
Management is the
attainment of
organizational goals in
an effective and efficient
manner through
planning, organizing,
leading, and controlling
organizational resources.
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What Do Managers Do?
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State-of-the-Art Management
Competencies for Today’s World
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Today’s Best Managers…
• are “future-facing”
• they design the organization and culture to
anticipate threats and opportunities from the
environment, challenge the status quo, and
promote creativity, learning, adaptation, and
innovation.
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Why Innovation Matters?
• Managers focus on innovation to stay
competitive
• In a hypercompetitive, global environment,
organizations must innovate more.
• Innovation can be in terms of:
✓New products, services, technologies
✓Controlling costs
✓Investing in the future
✓Corporate values
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The Four Management Functions
• Planning. Identifying goals and resources or
future organizational performance.
• Organizing. Assigning tasks, delegating
authority and allocating resources.
• Leading. The use of influence to motivate
employees to achieve goals.
• Controlling. Monitoring activities and taking
corrective action when needed.
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The Process of Management
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Organizational Performance
• Organizations bring together knowledge,
people, and raw materials to perform tasks
✓Effectiveness is the degree to which the
organizations achieves goals
✓Efficiency is the use of minimal resources to
produce desired output
• Organization is a social entity that is goal
directed and deliberately structured.
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Management Skills
• Conceptual Skills – cognitive ability to see the
organization as a whole system
• Human Skills – the ability to work with and
through other people
• Technical Skills – the understanding and
proficiency in the performance of specific
tasks
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Top Causes of Manager Failure
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Types of Managers: Vertical
• A top manager is one who is at the apex of the
organizational hierarchy and is responsible for the
entire organization.
• Middle managers work at the middle level of the
organization and are responsible for major divisions or
departments.
✓ A project manager is a manager who is responsible for a
temporary work project that involves people from
various functions and levels of the organization.
• Most new managers are first-line managers—
managers who are at the first or second level of the
hierarchy and are directly responsible for overseeing
groups of production employees.
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Types of Managers: Horizontal
• A functional manager is responsible for a
department that performs a single functional
task, such as finance or marketing.
• General managers are responsible for several
departments that perform different functions,
such as the manager of SM department store
or a Ford automobile factory.
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Levels of Management
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What is it like to be a manager?
• The manager’s job is diverse
• Managerial tasks can be characterized into
characteristics and roles
• Most managers enjoy activities such as
leading others, networking and leading
innovation
• Managers dislike controlling subordinates,
handling paperwork and managing time
pressure
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Becoming a New Manager
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Making the Leap from Individual Performer to Manager
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Manager’s Activities
• Managers perform a diverse amount of
work—fast
• The variety, fragmentation and brevity of
tasks require multitasking
• Managers shift gears quickly – agile
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Manager Roles
INFORMATIONAL:
INTERPERSONAL:
Monitor,
Figurehead,
Disseminator,
Leader, Liaison
Spokesperson
DECISIONAL: Entrepreneur,
Disturbance Handler,
Resource Allocator,
Negotiator
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Importance of Leader and
Liaison Roles
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Managing Small Businesses and Nonprofit
Organizations
• Small businesses are growing in importance
• Many small businesses are threatened by
inadequate management skills
• Small business managers wear a variety of
hats
• The functions of management apply to
nonprofit organization
• Nonprofit organizations focus on social impact
but they struggle with effectiveness
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THANK YOU FOR LISTENING
fmtajale@ust.edu.ph
0917-105-9918