Chap 7.pptx - Chapter Learning Objectives Management What It Is How You Do It Planning You Set Goals and Decide How to Achieve Them Organizing You

Chap 7.pptx - Chapter Learning Objectives Management What...

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Chapter Learning Objectives Management: What It Is, How You Do It Planning: You Set Goals and Decide How to Achieve Them Organizing: You Arrange Tasks, People and Other Resources to Get Things Done Leading: You Motivate People to Work to Achieve Important Goals Controlling: You Monitor Performance, Compare It with Goals, and Take Corrective Action
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Need for Management Effectiveness – realizing goals Efficiency – means of realizing goals Four Things Managers Must Do Planning Organizing Leading Controlling Management: The 4 Essential Functions
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4 Functions of Management Planning: You need to set goals and decide how to achieve them Organizing: You need to arrange tasks, people, and other resources to accomplish the work Leading: You need to motivate people to work hard to achieve the organization’s goals Controlling: You need to monitor performance, compare it with goals, and take corrective action as needed. .
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