BUS100 ch08 - hapter 8 C Management Leadership and Internal...

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Management, Leadership, and Internal Organization Chapter 8
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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. Learning Goals 1 2 3 4 5 6 7 8
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Management is the process of achieving organizational objectives through people and other resources. Management is the process of achieving organizational objectives through people and other resources. What is Management?
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Develop long-range strategic plans for the organization. Inspire executives and employees to achieve their vision for the company’s future. Top Management
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Focus on specific operations , products, or customer groups within an organization. Responsible for developing detailed plans and procedures to implement the firm’s strategic plans. Middle Management
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Implement the plans developed by middle managers. Responsible for non- manager employees. Motivate workers to accomplish daily, weekly, and monthly goals. Supervisory Management
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Technical skills Manager’s 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.
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