Group_#01

COST
MANAGEME
NT

SKILLS REQUIRED FOR A

MANAGER
 • P r o c e s s o f g e tti n g t h i n g s d o n e b y o t h e r s .

MANAGEMENT • I t i n v o l v e s p l a n n i n g , o r g a n i z i n g , c o n t r o l l i n g , d i r e c ti n g t h e
r e s o u r c e s o f o r g a n i z a ti o n t o r e a c h i t s g o a l s e ffi c i e n t l y
a n d e ff e c ti v e l y.
IMPORTANCE OF
MANAGEMENT SKILLS
•Developing innovative solutions for customers' needs
•Identifying key shortcomings in manufacturing and drafting solutions to boost
production
•Constructing research models to test new product ideas
•Generating fresh ideas for timely marketing campaigns
•Redesigning systems for increased productivity or functionality
SKILLS REQUIRED FOR A
MANAGER

v Strategic Management Skills

v Enterprise Risk Management Skills
v Process Management Skills
v Measurement Skills
v Leadership Skills
 Strategic management skills

Big picture Listening

thinking skills

STRATEGIC
MANAGEMENT SKILLS
Collaboration Commercial
ability acumen

Planning and
Organizing
 ENTERPRISE MANAGEMENT
SKILLS

Analytical Business
Skills understanding

ENTERPRISE
MANAGEMENT
SKILLS
Problem- Negotiations
Solving & Diplomacy

Numeracy
PROCESS MANAGEMENT SKILLS

• A process is how people and systems work together to get things done and create value for an organization.
How these processes are designed and managed matters, and how efficient and accurate they are is often key
to an organization’s output and success.
• Business Process Management (BPM) can help optimize procedures throughout an organization.
• BPM utilizes a holistic approach which focuses on improving processes throughout the organization as a whole.
• Lean production is an approach to management that focuses on cutting out waste, whilst ensuring quality. This
approach can be applied to all aspects of a business – from design, through production to distribution. Lean
production aims to cut costs by making the business more efficient and responsive to market needs.
• The Theory of Constraints is a methodology for identifying the most important limiting factor (i.e. constraint) that
stands in the way of achieving a goal and then systematically improving that constraint until it is no longer the
limiting factor.
MEASUREMENT SKILLS

Under
stand Begin Analys Make
the measu e the decisio
questi ring data n
on
Leadership skills
Thank you
Group - 1