Cours 1 Management Principles
Cours 1 Management Principles
INTRODUCTION TO MANAGEMENT
WHAT IS MANAGEMENT?
• Anglais management, de to manage, diriger : Ensemble des techniques de direction,
d'organisation et de gestion
• Management is how businesses organize and direct workflow, operations, and employees
to meet company goals. The primary goal of management is to create an environment
that empowers employees to work efficiently and productively.
• While management is sometimes used synonymously with leadership, there are distinct
differences in meaning. At its core, leadership involves more strategic actions, focusing on
“inspiring and guiding individuals or teams toward a shared vision,”
HISTORY AND EVOLUTION OF
MANAGEMENT
Management, the art of organizing and leading people to achieve
goals, has roots tracing back millennia. While its formalization as an
academic discipline is relatively recent, its principles have guided human
endeavors for ages.
• Low: The final level of management often has a supervisory role. These
managers have titles like shift supervisor, branch manager, or team
leader.
KEY FUNCTIONS OF A MANAGER
• Planning: The first function of a manager is to set goals. These goals may be for individual employees,
departments, or the entire organization, depending on the manager's level of responsibility.
• Organizing : Meeting organizational goals requires putting the right people in the right places. Managers can
play an important role in choosing workers for positions and projects. Knowing how to group people and help
them build relationships often significantly affects how well the group works together.
• Motivating: Managers help motivate employees to show up and stay productive. This includes sharing a
common vision, encouraging them to develop their strengths, and inspiring them to do their best work at all
times.
• Evaluating: Managers typically spend time measuring the success of their teams and how well they meet goals.
The more they understand what works and doesn't work, the better prepared they are to make decisions in the
future.
• Helps achieve company’s goals: Managers help to achieve the organization’s goals. Managers set the
vision and strategy of an organization and manage resources and people in order to successfully reach those
goals.
• Optimum utilization of resources: Managers are responsible for the allocation of resources within an
organization. The ability to identify, allocate and manage resources efficiently is key to a successful business.
• Provide guidance and direction to employees: Managers should be able to communicate effectively
with their employees, giving them a sense of direction by providing regular updates on what is expected of
them.
• To maintain an efficient work culture: A good work culture is one where employees are motivated and
feel proud to be part of the organization.
• Cost reduction: Cost reduction is a key responsibility and demonstrates the importance of strategic
management. Managers are responsible for the cost of production, which includes personnel costs and
overhead costs such as office supplies and utilities.
• Organizational growth and development: Managers are responsible for bringing new ideas to the table,
implementing those ideas, and helping the organization grow.
FUNCTIONS OF MANAGERS
• Coaching : Some managers view their role as that of a coach who sees the potential
in employees and wants to help them grow. This can effectively build strong teams
and create an environment where employees feel comfortable experimenting.