Chapter 1.ppt - Principles of Management Chapter 1...

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Principles of Management Chapter 1: Management Professor Burnley
2 Management Getting work done through others Efficiency : Getting work done with minimum effort, expense, or waste Effectiveness : Accomplishing tasks that help fulfil organizational objectives Functions Planning Organizing Leading Controlling
3 Management Functions Planning determining organizational goals and a means for achieving them Organizing deciding where decisions will be made, who will do what jobs and tasks, and who will work for whom in the company
4 Management Functions Leading inspiring and motivating workers to work hard to achieve organizational goals Controlling monitoring progress toward goal achievement and taking corrective action when progress isn’t being made
5 Kinds of Managers Top managers : Executives responsible for the overall direction of the organization Chief executive officer (CEO) Chief operating officer (COO) Chief financial officer (CFO) Chief information officer (CIO)

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