Introduction to Management, Administration, and Leadership

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    • Management involves maximizing productivity by using and developing people’s talent, providing self-enrichment and opportunities for growth, and allocating resources to accomplish tasks and objectives
    • Management is the act or skill of directing and organizing the work of a company
    • In the 20th Century, Peter F. Drucker became known as the father of Modern Management
    • Administration involves facilitating the act of organizing people and resources to achieve desired goals and purposes
    • Administration encompasses all activities involved in managing and organizing the affairs of a company
    • Leadership involves providing facilitation or guidance in organizing people and resources to achieve desired goals and purposes, as well as the ability to influence others
    • Managers are individuals formally appointed to positions of authority in organizations
    • Technical skills refer to the ability to apply methods, processes, and techniques of managing
    • Conceptual skills involve the mental ability to see how various factors fit together and interact
    • Human relations skills include cooperating, understanding, motivating, and leading workers
    • Organization refers to an administrative and functional structure, personnel within that structure, and an organized body of people with a particular purpose
    • The process of organization involves determining and classifying a firm’s activities, grouping activities into workable departments, assigning authority and responsibility, developing relationships, and framing policies for coordination
    • Management consists of interrelated social and technical functions and activities to accomplish organizational objectives using people and resources in a formal setting
    • The main elements of management include interrelated social and technical functions, achieving objectives using people and resources, and performing processes in a formal organizational setting
    • Benefits of planning include improving focus, flexibility, action orientation, coordination, time management, and control
    • Organizing is the process of identifying and grouping work to be performed and delegating responsibility, authority, and establishing relationships to enable effective work towards objectives
    • Key concepts in organizing include authorization, impact, responsibility, power, and accountability
    • The process of organizing involves:
      • identifying and discussing work - avoids redundancy
      • departmentalization - work classification
      • assignment of task - according to skills, competencies , and qualifications
      • establishing organizational hierarchy - awareness on whom to report
      • provision of resources to members - arrangement of resourceses
      • coordinating of efforts and scheduling of activities - logical and systematic matter
    • Types of Organization Structure
      Line Organization - oldest and simplest form or organization
      • Advantage - clearly defines reporting relationships
      • Disadvantage - first-level managers or employees may feel they do not have any power in improving the organization
    • Types of Organization Structure
      Functional Organization - organizations are divided into specialized groups with specific roles and duties
      • Advantage - employees grouped by skill
      • Disadvantage - management issues
    • Types of Organization Structure
      Line-and-Staff - modified line organization
      • General Staff - ordinary employees that assists the senior managers
      • Specialized Staff - experts that offer services to the organization
    • Types of Organization Structure
      Divisional Organization - organization that groups units within the organization around the geographic location, product, and customer types; self contained structures
    • Types of Organization Structure
      Virtual Organization - recent development that involves personnel across different location; can also be called as: Digital Organization, Network Organization, Modular Organization
    • Management Functions
      Planning - the first step in managing and involves environmental scanning
      Organizing - develops intentional patterns of relationships among staff and other resources
      Staffing - acquiring, maintaining, retaining human capital
      Directing - managers initiating actions
      Controlling - managers control by comparing actual and desired results
    • 3 Types of Managers
      • Senior Manager (ex. Leader of organizations)
      • Middle Manager (ex. Deans of colleges)
      • First-Level Manager (ex. Small business managers)
    • Steps of Strategic Planning
      1. Organizing and Selecting a Strategic Planning Team, Including Stakeholders
      Stakeholders - affects by the organization's operation; two types
      • Internal - direct relationship with the business (example: investors, trade unions, creditors)
      • External - persons/organizations affected in the business' operations (example: community, customers)
      • Government can be both a Internal and External stakeholder
    • Steps of Strategic Planning
      2. Identifying the Organization's Strategic Direction
      •  Mission - defines why an organization exists and its purpose
      • Vision - captures an organization's aspiration organization’s aspiration
      • Core Values - what values should guide the operations of our company?
    • Steps of Strategic Planning
      3. Conducting a Strategic Analysis
      • SWOT Analysis - Strengths, Weaknesses, Opportunities, Threats
    • Steps of Strategic Planning
      4. Defining Major Goals - SMART
      • Specific - the goal is concrete and tangible - everyone knows what it looks like
      • Measurable - the goal has an objective measure of success that everyone can understand
      • Attainable - the goal is challenging, but should be achievable with the resources available
      • Relevant - the goal meaningfully contributes to larger objectives like the overall mission
      • Timely - the goal has a deadline or, better yet, a timeline of progress milestones
    • Steps of Strategic Planning
      5. Developing an Action Plan - 5Ps of Marketing
      • Promotion, Products, People, Price, Place
    • Steps of Strategic Planning

      6. Developing a monitoring and evaluation system, which includes identifying metrics for success
      • Monitoring - objective, process, analysis, measuring, evaluation, review
    • Steps of Strategic Planning
      7. Communicating the plan to others
    • 19th century - the concept of management begun
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