Fundamentals of Management

The Role and Importance Of Management

Overview

This series slide presentations expose students to the field of management and focus on the major management processes. they provide an overview of the organizational environment. Highlight issues in management In general, they will help students to be better employees and understand the role of managers.

Why study Management?

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2.

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Everybody has a vested interest in improving the way organizations are managed. A person entering the workplace, after graduation, will either be managed or become a manager. Understanding management will also assist a person in managing his or her personal life.

Fundamentals of Management

Objectives

At the end of this presentation students should be able to:

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2. 3.

Define what is management. Explain the basic managerial functions. Understand the role and importance of management.

Definition of management.

The attainment of organizational goals in and effective and efficient manner through planning, organizing, leading, and controlling (Daft, 2005 p.8) The process of administering and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization (Lewis et al 2007 p.5)

Fundamentals of Management

Understanding key terms in the definition

Effectiveness : the degree to which goals are achieved; doing the right thing Efficiency : using the fewest inputs (people, money, technology) to generate a given output. Organization : A social entity that is goal directed and deliberately structured. Performance: the organizations ability to attain its goals by using resources in an efficient and effective manner.

Fundamentals of Management
Management

functions

Planning Organizing Leading Controlling

Fundamentals of Management
Planning

The management function concerned with defining goals for future organizational performance and deciding on the tasks and resource use needed to attain the set goals. The management function concerned with assigning tasks, grouping tasks into departments, and allocating resources to departments.

Organizing

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Leading

Motivating and directing the members of the organization so that they contribute top the achievement of the goals of the organization. Monitoring the performance of the organization, identifying deviations between planned and actual results and taking corrective action when necessary.

Controlling

Fundamentals of Management
Planning Organizing

Mission & Organization al Goals

Leading

Controlling

The Management Process

Fundamentals of Management
External Environment

Overall goals

Organization Strategy

Organizing Leading

Controlling

Internal Environment

Framework for understanding management

Fundamentals of Management
The

Role Of manages

In performing the four basic functions of managers, most of what managers do can be categorized into roles (A role is a behaviour that is expected in a particular situation). Henry Mintzberg is credited with explaining managerial roles.

Fundamentals of Management
Mintzbergs Managerial Roles

Interpersonal Roles Figure head Leader Liaison

Informational Roles Monitor Disseminator Spokesperson

Decisional Roles Entrepreneur Disturbance handler Resource allocator Negotiator

Building relationships with organizational members and other constituents

Gathering and disseminating information to stakeholders

Processing information and reaching conclusions

Fundamentals of Management
Top manager Middle Manager
First-line Manager Operational Employees
Managerial levels

Fundamentals of Management

Managerial Skills
Conceptual skills: ability to analyze complex situations. Human skills: ability to work effectively with others Technical skills: ability to use tools and technology in a particular area. Monitoring the organization environment. Set strategic goals

Top management

Middle management

Planning and allocating resources. Coordinating groups

First-line

Using appropriate tools, techniques. Procedures. Instructing, guiding subordinates Managing individual performance.

Management Levels and skills needs

Top manager Technical Human Conceptual

Middle manager

First-line manager

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