Introducing Modern Management Concepts and Skills 1 Copyright

OBJECTIVES 1. An understanding of the importance of management to society and individuals 2.

OBJECTIVES 6. An understanding of basic management skills and their relative importance to managers

Importance of Management • Managers influence all phases of modern organizations • Managers are

The Management Task Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall

The Management Task Defining Management – 3 Main Characteristics: – It’s a process –

The Management Task • Management and Organizational Resources 1. 2. 3. 4. Human Monetary

Universality of Management • Managerial principles apply to all types of businesses • Theory

Management Skill: The Key to Management Success • Defining Management Skill • Management Skill:

Management Skill: The Key to Management Success Copyright©© 2014 2012 Pearson. Education, Inc. Copyright

Management Skill: The Key to Management Success • Management Skill: A Contemporary View 1.

Management Careers What is a Career? Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing

Management Careers Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1

Management Careers • Promoting Your Own Career • Special Career Issues – Women Managers

Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -22

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OBJECTIVES 1. An understanding of the importance of management to society and individuals 2. An understanding of the role of management 3. An ability to define management in several different ways 4. An ability to list and define the basic functions of management 5. Working definitions of managerial effectiveness and managerial efficiency Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -2

OBJECTIVES 6. An understanding of basic management skills and their relative importance to managers 7. An understanding of the universality of management 8. Knowledge of skills that help managers become successful 9. Insights concerning what management careers are and how they evolve Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -3

Importance of Management • Managers influence all phases of modern organizations • Managers are catalysts for new ideas Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -4

The Management Task Defining Management – 3 Main Characteristics: – It’s a process – It focuses on reaching organizational goals – It works with and through people Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -7

The Management Task • Management and Organizational Resources 1. 2. 3. 4. Human Monetary Raw materials Capital – Managerial Effectiveness – Managerial Efficiency Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -10

Universality of Management • Managerial principles apply to all types of businesses • Theory of Characteristics – Henri Fayol – B. C. Forbes Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -13

Management Skill: The Key to Management Success • Defining Management Skill • Management Skill: A Classic View § Technical Skills § Human Skills § Conceptual Skills Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -14

Management Skill: The Key to Management Success • Management Skill: A Contemporary View 1. Define major activities that managers typically perform 2. List skills needed to carry out these activities successfully § Major activities that modern managers typically perform: § 1. Task-related activities § 2. People-related activities § 3. Change-related activities Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -16

Management Careers • Promoting Your Own Career • Special Career Issues – Women Managers – Dual-Career Couples • How Dual-Career Couples Cope Copyright©© 2014 2012 Pearson. Education, Inc. Copyright Publishing as Prentice Hall 1 -20