bmgt364.9.8.10

bmgt364.9.8.10 - Management and Organization Theory Why do...

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© 2005 Robert H. Smith School of Business University of Maryland Management and Organization Theory Why do I need this class? What is management? What skills are needed to be successful? What mistakes do managers make? Can management skills be taught? How do you build a tech powerhouse without offering any stock options?
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© 2005 Robert H. Smith School of Business University of Maryland Universal Need for Management
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© 2005 Robert H. Smith School of Business University of Maryland Management Functions
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© 2005 Robert H. Smith School of Business University of Maryland Management Skills and Management Function Matrix
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© 2005 Robert H. Smith School of Business University of Maryland Management Skills Skills are more or less important at different levels of management:
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© 2005 Robert H. Smith School of Business University of Maryland 1. Insensitive to others 1. Insensitive to others 2. Cold, aloof, arrogant 2. Cold, aloof, arrogant 3. Betrayal of trust 3. Betrayal of trust 4. Overly ambitious 4. Overly ambitious 5. Specific performance problems with the business 5. Specific performance problems with the business 6. Overmanaging: unable to delegate or build a team 6. Overmanaging: unable to delegate or build a team 7. Unable to staff effectively 7. Unable to staff effectively 8. Unable to think strategically 8. Unable to think strategically 9. Unable to adapt to boss with different style 9. Unable to adapt to boss with different style 10. Overdependent on advocate or mentor 10. Overdependent on advocate or mentor Mistakes Managers Make Adapted from McCall & Lombardo, “What Makes a Top Executive?” Psychology Today , Feb 1983 http://video.google.com/videoplay?docid=5846359074988379540&ei=b3pmS_aWIMSHlAfuj_GhCA&q=ho
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© 2005 Robert H. Smith School of Business University of Maryland Top Qualities Employers Seek 4.7 Communication skills (verbal and written) 4.7 Teamwork skills (works well with others) 4.6 Initiative/Motivation 4.4 Analytical skills 4.4 Flexibility/adaptability 4.4 Interpersonal skills (relates well with others) 4.1 Detail-oriented 4.1 Organizational skills 4.0 Leadership skills ** Employers rate the importance of candidate qualities/skills on a 5-point scale, where 1=not at all important and 5=extremely important.
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© 2005 Robert H. Smith School of Business University of Maryland Emotional intelligence Ability of an individual to deal
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bmgt364.9.8.10 - Management and Organization Theory Why do...

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