management polc
DESCRIPTION
TRANSCRIPT
MANAGEMENT
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4 roles of Manageme
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Planning
Controlling
Leading
Organising
Planning is…
Setting objectives and how to achieve them
Planning
Organising is…
arranging resources to achieve the businesses goal
Organising
Leading is…
influencing people to work towards achieving set objectives
Leading
Controlling is…
evaluating and modifying tasks to ensure set objectives are being achieved
Controlling
MANAGERS AS PLANNERS
Planning is the preparation of actions in response to stimulus.
Planning is carried out at all levels, the type of planning will depend on the responsibilities of the manager.
Planning is the process of deciding where a team, department or whole organisation should be heading and how it intends to get there.
Planning
Strategic
(<5years)Tactical
(3 – 5years)
Operational(daily > year)
Planning
Planning can exist at three levels
FIVE STAGES OF PLANNING
Refer to text book
Planning
MANAGERS AS ORGANISERS
Organising is putting actions and resources to work to achieve set goals established at the planning stage.
Determining the flow of actions (work)
Determining the human resources required
Allocating human and capital resources
Delegating roles and responsibilities and co-ordinating the resources of the firm
Allocating or researching capital requirements
Organising
MANAGERS AS LEADERS
Leading, motivating and directing employees is the most obvious of roles.
Yet the most open to interpretation. How do we lead?
This touches on ‘Styles of management” as well as theories.
From Henri Fayol with Four clear roles to Mintzberg with his interpersonal, informational and decision making roles.
“Management is a difficult and demanding job, the hours are long, interruptions frequent and many conflicting interests have to be dealt with each day.”
Leading
MANAGERS AS CONTROLLERS
Controlling is more a monitoring role, where performance and estimates are matched up and new plans set.
Performance estimate are set (goals)
Measures are put in place to determine effectiveness (tests checks)
Roles and activities are reviewed to ensure goals can be met
Controlling