Management_Functions_and_Principles_10

Management_Functions_and_Principles_10 - Management...

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Management Functions & Principles
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Managerial Environment Management Processes (Functions) Managerial Roles Universality of the Manager’s Job Managerial Skills AF Management Perspective Case Study Overview
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Managerial Environment Manager: individuals of an organization who direct the activities of others Organization: systematic arrangement of people brought together to accomplish some specific purpose Characteristics
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Managerial Environment Management: the process of getting things done effectively & efficiently through Effectiveness: doing the right thing; goal attainment Efficiency: the relationship between inputs and outputs; seeks to minimize resource costs
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Efficiency vs. Effectiveness Managerial Environment
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Management Processes
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Basics Defining Goals Establish Strategies Develop General Plan Resource Constraints Answer (who, what, etc.) Up-to-date Planning
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Planning Essential Planning Activities
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Management_Functions_and_Principles_10 - Management...

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