Management and Show CHAPTER 7 7-1 Management Functions & Styles 7-2 Leadership 7-3 Ethical Management 7-1Management Functions and Styles Goal 1 Define the five functions of management Goal 2 Describe the levels of management in businesses and organizations Goal 3 Discuss how and when to use the two management styles Role and Work of Managers
Management The process of accomplishing the goals of an organization through the effective use of people and other resources A Manager’s 5 Functions Involves analyzing info, setting goals, and making decisions about what needs to be done Planning A Manager’s 5 Functions Identifying and arranging the work and resources needed to achieve goals Organizing A Manager’s 5 Functions All the activities involved in obtaining, preparing, and compensating employees Staffing A Manager’s 5 Functions The effort to direct and guide people to accomplish the planned work Leading A Manager’s 5 Functions Keeping the company on track and making sure goals are met Controlling Checkpoint ✓
MANAGEMENT LEVELS Top management Middle management Supervisors Top Management EXECUTIVES are top-level managers with responsibilities for the direction and success of the entire business Job titles include: CEO, President, COO, Middle Management MIDDLE MANAGERS are specialists with responsibilities for specific parts of a company’s operations Job titles include: Marketing manager, info. tech. manager, customer service manager, regional manager, human resource manager, etc. Supervisors SUPERVISORS are the first level of management in a business Checkpoint ✓
MANAGEMENT STYLES Tactical Management Strategic Management Mixed Management Management Style The way a manager works with and involves employees Tactical Management A style in which the manager is more directive and controlling
Strategic Management A style in which managers are more collaborative and involve employees in decision-making
Mixed Management The combined use of tactical and strategic management CHOOSING A MANAGEMENT STYLE Checkpoint ✓
7-2Leadership Goal 1Describe the need for leadership skills and the characteristics of an effective leader. Goal 2Identify the human relations skills needed by managers and leaders. Goal 3Recognize four types of leadership influence. LEADERSHIP Ability to motivateindividuals and groups to accomplish important goals CHARACTERISTICS
PREPARING TO
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IMPORTANCE Human Relations The way people get along with each other IMPORTANCE OF Human relations skills Self-understanding Understanding others Communication Team building Developing job satisfaction Self- Leaders must first understand their own strengths and weaknesses Others count on leaders Understanding Others Recognizing similarities will help to develop a stronger team Recognizing differences can help to involve each person in the way that is most beneficial to the team Communication Formal Established and approved Informal Common but unofficial Internal Within the organization External With others outside Vertical Up and down a Horizontal Across at the same level Oral Spoken directly Written Notes, letters, reports, Nonverbal Body language, gesture, The combined skills of the people in an effective team are greater than that of individuals working alone Developing Job Satisfaction Managers can influence how employees feel about their jobs on a daily basis Sources of job dissatisfaction include:
Checkpoint ✓ Why do managers and leaders need effective human relations skills? Managers and leaders need effective human relations skills because: Much of their success depends on their ability to get along well with all of the people with whom they work and build effective work groups. INFLUENCING PEOPLE Kinds of influence Formal and informal influence Influence The ability to affect the actions of others Kinds of Influence Position influence Reward influence Expert influence Identity influence Position Influence Ability to get others to accomplish tasks because of the position the leader holds Reward Influence Comes from the leader’s ability Expert Influence Comes from group members recognizing and appreciating a leader’s expertise in a specific area Identity Influence Comes from the personal trust and respect members have for the leader Formal and Informal Influence Informal Influence Power resulting from the personal characteristics of the leader rather than the formal structure of the organization Formal Influence Power based on a leader’s position within the formal structure of an organization Checkpoint ✓
7-3 Ethical Management Goal 1 Justify the need for ethical management Goal 2 Identify the role of leaders inincreasing ethical behavior IMPORTANCE OF ETHICAL BEHAVIOR
Ethical Business Practices Ensure that appropriate standards of conduct are maintained by everyone who is a part of the business and with anyone affected by the business Ethical Behavior The decisions and actions of individuals and groups The results What is Ethical Behavior? – 4 standards
ETHICAL MANAGEMENT
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INCREASING ETHICAL BEHAVIOR THROUGH LEADERSHIP
Mission Statement Describes the reason a business exists and what it wants to accomplish Core Values Important principles that will guide decisions and actions in the company Checkpoint ✓
What is an important human relations skill needed by leaders and managers?Business Management --Chapter 3 Test Review (part 2). Which type of power is not related to leadership characteristics?The types of power that are NOT related to leadership characteristics are position and reward power.
In which of the following situations should a manager use tactical management quizlet?In which of the following situations should a manager use tactical management? when the work is routine with new challenges. when working with part-time or temporary employees.
Which of the following is most important for an effective manager to have?1. Good communication. Having good communication skills is probably the most important skill of all for managers to have. Unless you can properly communicate with those you supervise, the rest of the skills really won't matter.
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