Professional Documents
Culture Documents
• Organizing
- the organization of employees and other resources in a manner
that is consistent with the firm's goal.
• Leading
- the process of providing employees with instructions on how
they should complete their tasks.
• Controlling
-the monitoring and evaluation of tasks.
Functions of Managers
Managerial Skills
Conceptual skills (analytic skills)
- the ability to understand the relationships among the
various tasks of a firm.
Technical skills
- skills used to perform specific day-to-day tasks
Decision-making skills
- skills for using information to determine how the
firm's resources should be allocated.
Management Styles
1 2 3
Managers have to perform many roles in an organization and how they handle
various situations will depend on their styles of management.
A management style is an overall method of leadership used by a manager. Three
main styles:
- Autocratic - Democratic - Laissez-faire
Management Styles
Autocratic
Democratic (participative)
- this style can be particularly useful when complex decisions need to be made
that require a range of specialist skills;
- the decision making process is severely slowed down, and the need of a
consensus may avoid taking the 'best' decision for the business.
Management Styles
Laissez-faire (free-rein)
- the style brings out the best in highly professional and creative groups of
employees.
- this leads to a lack of staff focus and sense of direction, which in turn leads to
much dissatisfaction, and a poor company image
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