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Lesson 1- Primary Functions of Management

This course provides an overview of business organization and management principles, focusing on the functions of planning, organizing, leading, and controlling. Students will learn about the roles of different types of managers and the importance of effective management in entrepreneurship. The grading system includes written works, performance tasks, and exams, with specific requirements for assignments and participation.

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0% found this document useful (0 votes)
20 views

Lesson 1- Primary Functions of Management

This course provides an overview of business organization and management principles, focusing on the functions of planning, organizing, leading, and controlling. Students will learn about the roles of different types of managers and the importance of effective management in entrepreneurship. The grading system includes written works, performance tasks, and exams, with specific requirements for assignments and participation.

Uploaded by

paantonio
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Course

Orientation
Organization and Management
Course Overview
This course is designed to familiarize the students with the
basic concepts, principles, and processes related to business
organization, and the functional areas of management.
Particular emphasis will be given to the study of management
functions like planning, organizing, leading, and
controlling, and orient the students on the importance of
these functions and the role of each area in entrepreneurship.
Grading System
• For every grading period, you will be graded according to the following
components with the corresponding percentages:
25% Written Works (e.g. quizzes, assignments, and summative
test)
45% Performance Task (e.g. collaborative works or performance
tasks)
30% Periodical Exam

To compute for your grade:


 Get the total score for each component.
 Divide the total raw score by the highest possible score then multiply the quotient
by 100%.
 Convert Percentage Scores to Weighted Scores. Multiply the Percentage Score by
the weight of the component.
 Add the Weighted Scores of each component. The result will be the Initial Grade.
 Transmute the Initial Grade using the Transmutation Table.
Requirements
• Individual Portfolio
Thessalonians (Pink)
Romans (Blue)
Hebrews (Yellow)

• Notebook
• Chips (Reward)
Learning Content:
Pre-Test
Organization and Management
Module 1: Introduction to Management
Module Learning Outcomes

Describe the primary functions of management and the roles of managers.

1.1: Describe what management is


1.2: Explain the primary functions of management
1.3: Describe the primary types of managers and the roles they play
1.4: Explain the advantages that arise from managing people well
Most people today know Nokia as a mobile phone maker,
but the company began its commercial life as a paper
manufacturer.
What is Management?

• The Definition of Management


• Process of planning, organizing,
leading, and controlling people in
organization- effectively use
resources to meet goals

• The Two Aspects of Management


• People
• The people with the responsibility and
authority to determine the overall
direction of the organization
• Process
• Decide what goals should be and defines
them for the organization
Practice Question 1

In most cases, the management function includes which of the


following?

a) applying and distributing organizational resources effectively


b) acquiring new resources when necessary
c) analyzing and adapting to the ever-changing environment in which the
organization operates
d) complying with legal, ethical, and social responsibilities of the community
e) developing relationships with and among people to execute the strategies and
plans
f) all of the above
Why does learning about management
matter?
• Who makes the difficult decisions that result in the success or failure of the
organization?
• How do organizations survive in world where conditions are constantly changing?
• Do you think making good business choices is an art or a science?
Primary Functions of
Management
Introduction to Functions of Management

• Processes
• ongoing activities ongoing and
interrelated
• Ongoing
• activities not done in a linear, step-
by-step fashion
• will continue while others begin
• Interrelated
• results of tasks influence each other
• must be done efficiently

Important to note that processes do


not always go in order!
First Factor of Management: Planning

• Defining goals and tackling them


• Defines future of organization-
long-term plans
• Develops strategic plans
• Long-term and effects entire
organization
• Bridges gap between what
organization is and what it wants to
be
• Tactical plans
• Translate strategic plans into specific
actions- who, what, where, etc.
Second Factor of Management: Organizing

• Decides how to best implement


the plans
• Decides how an organization is
structured
• Assigns authority and
responsibility
• Works to acquire resources
• Decides coordination
Third Factor of Management: Leading

• Uses knowledge, character, and


charisma- inspire achievement of
goals
• Leads by communication, building
commitment, creating shared
values, and encouraging high
performance
• Uses the power of granting
rewards and punishments
Fourth Factor of Management: Controlling

• Unexpected issues will arise


• Controlling
• process of monitoring activities,
measuring performance, comparing
results, making corrections
• Observing and responding to what
happens
• The feedback loop
• most important aspect of controlling
is that managers must be keep
informed.
Who Directs Each Function of
Management?
• Leaders often step up in times of
crisis that needs immediate
action.
• All managers perform each at
different times and the position
depends on how much.
• Different activities may happening
at once in an organization.
Activity #1
Direction: Write a three-paragraph essay describing your chosen function,
and why you rank its importance so highly. Your essay must include three
properly referenced and defined terms from the lesson. For example, if
you select Controlling, you could include the definition of feedback loop.
Answer and address these questions:

• What is the primary function you selected?


• What would happen to “management” without your selected function?
• What factors cause you to rank its importance above the others?

Grading
10% Organization and Format
40% Content
40% Development – Critical Thinking
10% Grammar, Mechanics, Style
Class Discussion: Functions of
Management
Now that we’ve discussed the four functions of management, let’s take a
minute to reflect on why it can be hard to motivate employees when big
changes come into play.

What are some factors that cause employees to become resistant to


change?
Types of Managers and Their
Roles
Vertical Management

• Various levels of management


within organization
• Different levels = different aspects
of business
• Thinking
• Communicating
• Highly structured
• Workers in labor-intensive industries
• Disadvantage- limits information
from lower levels to upper
Top-Level

• What do these acronyms represent on a management team?


• CEO, COO, CMO, CTO, CFO, CCO
• Vice Presidents or division heads sometimes part of top management
team
• Responsible for long-term success
• Set goals and pay careful attention to external environment
• Economy, law proposals, consumer/public relations
• Make financial investments
Middle Managers

• Department heads, directors, chief


supervisors
• Links between top and first-line
managers
• Receives broad strategic plans
with specific objectives
• Encourages, supports, and fosters
employees
• Provides leadership
First-Line Managers

• Entry level- “on the line”


• close contact with workers
• Responsible for organizational
objectives and plans
• Assistant managers, shift
managers, foremen, section
chiefs, office managers
• Focuses on internal issues- must
communicate
Team Leaders

• Reports to first-line or middle


manager
• Develops timelines, specific work
assignments, provides training to
team, communicates clear
instructions
• Makes sure team is operating
efficiently
• Positions may be eliminated
when new team must be formed
Types of Management Roles

• Leadership and Interpersonal


Roles
• Top Managers
• Middle managers
• focus more on interpersonal skills
• Decisional Roles
• All managers required to make
decisions
Leadership and Interpersonal Roles

• Top Managers
• Voice of organization
• Hard to separate personal aspects from corporate positions

• Middle Managers
• Determines what information can be shared
• Weighs informational value to decide what to send to top management

• First-Line Managers
• Evaluates work and helping employees contribute
Decisional Roles
• Entrepreneur- top-level managers
• Economic opportunities, lead change initiative

• Disturbance handler- top and middle managers


• React to problems in organization (internal/external)- decide what actions should
be taken

• Resource allocator
• Depending on whether decisions affect whole company or not

• Negotiator- top and middle-level managers


• Top- negotiations about whole company (contracts or agreements)
• Middle- negotiate salary and hiring
Class Discussion: Managers and
Leadership
Which type of manager spends more time in leadership activities?
The Advantages of Managing People Well
Class Discussion: The Advantages of Managing
People Well

“People are definitely a company’s greatest asset. It doesn’t


make any difference whether the company’s product is cars or
cosmetics. A company is only as good as the people it keeps.” –
Mary Kay Ash

How can managers leverage their employees to achieve a true competitive


advantage?
What Makes a Good Manager?

• What makes a good manager?


• Effectiveness
• Efficiency
• Sustainable practices
• Competitive advantage
• business outperforms rivals due to
employees
• Depends on a stable and reliable
workforce
Quick Review

• Describe what management is in your own words.


• Explain the primary functions of management
• Differentiate between the planning, organizing, leading, and controlling
functions of management
• Differentiate between the functions of top managers, middle managers,
first-line managers, and team leaders
• Differentiate between leadership, informational, and decision-making
roles
• Explain the advantages that arise from managing people well

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