Documente Academic
Documente Profesional
Documente Cultură
Managers
Principles of Management
LP 1
Why Study Management?
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Functions, Roles, and Skills
Functions Roles Skills
• Planning • Interpersonal • Interpersonal
• Organizing • Informational • Technical
• Leading • Decisional • Decision-making
• Controlling
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Functions
Planning
• Setting objectives
• Determining how they’ll be
met
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Functions
Organizing
• Delegating and coordinating
tasks
• Allocating resources
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Functions
Leading
• Influencing employees to
achieve objectives
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Functions
Controlling
• Establishing mechanisms to
make sure objectives are
met
• Implementing mechanisms
to make sure objectives are
met
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Roles
Interpersonal Informational Decisional
• The “figurehead” • The monitor • The
• The leader • The disseminator entrepreneur
• The liaison • The • The disturbance
spokesperson handler
• The resource
allocator
• The negotiator
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Exhibit 1–4 ● Ten Roles Managers Play
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Skills
Technical Skills
• “Business skills”
• Using methods and
techniques to perform a
task
• Keeping up with the latest
technology in your job
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Skills
Interpersonal Skills
• “People skills”
• Your relationships with all individuals and groups
• Understanding
• Communicating
• Motivating
• Resolving conflict
• Working as a team member
• “It’s not what you know, it’s who you know.”
• Ethics
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Skills
Decision-making Skills
• Select alternatives to solve
problems
• Take advantage of
opportunities
• Be able to conceptualize,
diagnose and analyze
• Use math skills
• Manage time
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Exhibit 1–3 ● Management Skills and Functions
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Differences Among Managers
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Levels of Management
Middle Managers
• Managers and department heads
• Implement top manager’s strategies by developing short-term
plans
• Report to executives
• Supervise first-line managers
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Levels of Management
First-Line Managers
• Supervisors, crew leaders, office managers
• Implement middle manager’s plans
• Report to middle managers
• Supervise operative employees
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KEY TERMS
• manager • management role
• manager’s resources categories
• performance • levels of management
• management skills • types of managers
• technical skills • knowledge management
• interpersonal skills • new venture
• decision-making skills • entrepreneurs
• management functions • intrapreneurs
• planning • small business
• organizing • competitive advantage
• leading • first-mover advantage
• controlling • business plan