Management 349

Principles of Management&

Organizational Behavior

“So, what’s your major?”

Any Physics majors?

Principles of physics?

• E=mc2

• Gravity ‘sucks’

Astronomy majors?

Principles of Astronomy?

• The earth revolves around the sun

• My very excellent mother just served us nine pizzas

Management majors?

• Principles of Management?

• Definition of Management?

Management Principles in this Class

• Applied people skills

• Knowledge of organizations

Organizations are like…

People !?

Every person is a unique individual

But all people…

• Breathe in oxygen• Breathe out carbon dioxide• Need food and liquid to subsist

• These are Commonalities

All Organizations are unique

• Each has its own set of values• Culture• Strengths & Weaknesses

Commonalities of Organizations

• Purpose for existence• Rules or procedures• Task assignments• Means of communication• Hierarchy of authority

Regardless of the Organization:

• IBM• Disney• Microsoft• WIU• Three Stooges Fan Club

Those commonalities exist.

Knowledge of organizations is important no matter…

• What job you have

• What organization you work in

• How old you are

If you want to succeed in your career…

• You have to know how the ‘game’ is played

Organizational Behavior

• Behavior of people working in an organization, particularly in groups

• Prediction and control of human behavior

OB Demonstration

349 is often the first (and

sometimes the only) Business

class for students

Business Overview

• Throughout the course we will examine some general business concerns and examples

PC Industry

• 1981 8088 - Dual 160 KB Floppy Drives$3,300

• 1991 486 - 120 MB Hard Drive $2,300

• 2001 Pentium 4 - 20 GB Hard Drive $950

PC Industry

• Features have improved

• Prices have declined

• Why?

Automotive Industry

• How long have cars been on the market?

• Why haven’t prices declined as per PCs?

Differences in the industries

• PCs: Automated production

• Cars: Labor intensive

• Cost of producing PCs decreases, but cost of labor increases

Quick Question

• Briefly discuss with a person next to you:

Famous managers (or leaders). Come up with a list of three mgrs/leadersLiving or dead, real or fictional