Chpt 8 - > > >...

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Unformatted text preview: > > > > > > > > Management, Leadership, and Internal Organization Chapter 8 Define management and the skills necessary for managerial success. Explain the role of vision and ethical standards. Summarize the benefits of planning and distinguish strategic, tactical, and operational planning. Describe the strategic planning process. Contrast the types of business decisions and list the steps in the decision-making process. Define leadership and compare different styles of leadership. Discuss the meaning and importance of corporate culture. Identify forms of departmentalization and types of organization structures. L e a r n i n g G o a l s 1 2 3 4 5 6 7 8 Develop long-range strategic plans for the organization. Inspire executives and employees to achieve their vision for the companys future. T o p M a n a g e m e n t Focus on specific operations , products, or customer groups within an organization. Responsible for developing detailed plans and procedures to implement the firms strategic plans. M id d le M a n a g e m e n t Implement the plans developed by middle managers. Responsible for non- manager employees Motivate workers to accomplish daily, weekly, and monthly goals. S u p e r v is o r y M a n a g e m e n t Technical skills Managers ability to understand and use the techniques, knowledge, and tools and equipment of a specific discipline or department. Human skills Interpersonal skills that enable a manager to work effectively with and through people. Conceptual skills Ability to see the organization as a unified whole and to understand how each part of the overall organization interacts with other parts. S k ills N e e d e d f o r M a n a g e m e n t S u c c e s s M a n a g e r i a l F u n c t i o n s Planning Process of determining courses of action for achieving organizational objectives....
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Chpt 8 - > > >...

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