Management Principles: MBA SZABIST Islamabad
Management Principles: MBA SZABIST Islamabad
MBA SZABIST Islamabad Taught by: Fatima Ashraf PhD scholar SZABIST Islamabad
Introduction ..
Some important class rules. - Attendance and punctuality - Class participation - Class behavior - Importance of academic approach
Lecture objectives
(What you should know by the end of the lecture)
Understand the purpose of management and who are managers. Some basic, relevant concepts Managerial functions Managerial roles Management skills Universal application of management and managers (?) Managers and entrepreneurs Why study management?
Age, gender, positions - as affects managers. Organizational size and type as affects managers. The aim of all managers.
Is everyone who works in an organization, a managers? Organization members maybe classified as either: operatives or managers
Organizational levels
Operatives
..this was about who managers are what they generally do.
WHAT IS MANAGEMENT?
Getting things done through people. How of management efficiency: doing things right. What of management effectiveness: doing the right thing.
Effectiveness concerned with ends. Efficiency concerned with means. Can a manager accomplish effectiveness and efficiency at each others cost?
MANAGEMENT FUNCTIONS
Four basic management functions: 1. Planning
2. ORGANIZING
What tasks are to be done?(Designing Organizing structures) Who will do them?(Determining Grouping of Activities) How will tasks be grouped?(Defining roles and responsibilities) Who reports to whom?(Determining relationship between Departments and Job Position) Who will make what decision(s).(Defining Authorities For Departments and Job Position)
ORGANIZING:
Determining and Grouping of activities. Designing Organizational Structure. Defining Roles and Responsibilities. Defining relationship Between Departments and Job Position Defining authorities for Departments and Job Positions.
MANAGERIAL ROLES
Three main roles:
(Research by Henry Mintzberg identified 10 managerial roles)
Figurehead acts as a symbolic head
1.
Interpersonal role
2. Informational role
Entrepreneursearches opportunities for improvement/ projects Disturbance handlercorrective action for unexpected disturbances Resource allocatorallocation=important organizational decision
3. Decisional role
Negotiatormajor negotiations
MANAGEMENT SKILLS
Technical skills - specialized knowledge in a specific area - important at lower organizational levels
2. Human skills - ability to work with others individually and in groups - enable the manager to get the best out of people - communicate, motivate, lead, inspire
3. Conceptual skills - ability to see organization as a whole, relate it to its environment, how subunits fit together. - strategic thinking for decision making.
Organizational level - same functions at all levels, yet - time spent on each function varies. - Upper managerial level requires more planning and less supervising. - Top managers design overall organization - lower level managers design jobs of individuals and groups
Organization type
-
A managers job is common to organization types. Decision-making, objective setting, structuring, employee motivation, developing internal political support is carried out regardless. Performance measurement is different (or difficult?) for organization types.
Organizational size
-
Small business managers most important role is spokesperson He meets customers, arranges finance, stimulates change, seeks new opportunities (and threats). Managers in large organizations usually allocate resources.
Degree of formality is different for small and large organization types. Activities/ role are same, but time spent is different.
Cross-national transferability
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Preferred managerial practices are different between countries. English-speaking democracies vary in cultural, political, economical, financial, social contexts from those in Asia and middle east.
DEBATE
Are all managers entrepreneurs?
Improve organizational performance. You either manage, or you are managed. Career in management.
THE END.