the nature of management lecture #1. characteristics of organizations combining of individual...
Post on 19-Dec-2015
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Characteristics of Organizations Combining of individual efforts in pursuit
of certain common purposes or organizational goals
Division of labor
Hierarchy of authority
Management defined: The process of integrating resources and
tasks toward the achievement of stated organizational goals
“Responsibility for Performance”
Planning Evaluating environmental forces and
organizational resources Establishing a set of organizational goals Developing strategies and plans to
achieve the stated goals Formulating a decision making process
Organizing Developing the structure of the
organization
Acquiring and training human resources
Establishing communication patterns and networks
Directing Motivating employees (members of the
organization) Influencing employees to perform Forming effective groups Improving job performance
Controlling Determining elements of a control system
(performance standards) Evaluating and rewarding employees’
performance Controlling financial, information, and
physical resources
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