Management -
the and coordination of the activities of a business in order to archive
organization
as a factor of production along with machines , materials
defined objectives ; often included
and money includes marketing
,
and innovation ; the process of working with and through
others to archive organizational objectives in changing environment entails the effective ,
and efficient use of limited resources
Effectiveness the degree
-
to which objectives are archived and the extent to which targeted problems
are solved , without reference to costs → doing the right thing
Efficiency -
the comparison of what is actually produced or performed with what can be archived
with the same consumption of resources ; an important factor in determination of productivity
Managerial functions -
refer to the managerial Managerial skills -
refer to manager 's ability
job from
role a task based to execute the functions
-
perspective
organising
planning Staffing
- t e
communicating ← Basic managerial functions → Directing
f ↳
coordinating
f Motivating
controlling
, Realities of managing today
productivity improvement a favorable ratio between
: -
11 The only certainty today change →
inputs andoutput is the constant struggle
4 Orders of the day speed teamwork flexibility
→
, , to balance effectiveness and efficiency
31Managers at any level → need to stay close
to customer
41 No true economic progress for individuals
.
and organizations → without continuous improvement
" "
and learning shortcomings of derailed managers :
→
problems with interpersonal relationships
Archiving organizational Objectives -
targets →
failure to meet business objectives
to be strived for and attained : →
failure to build and lead the team
→
challenging yet archiev able objectives provide →
inability to change and adapt during
guidance for effective and efficient actions a transition
by individuals and organizations
→
organizational objectives always require
collective action
→
organizational objectives serve as measuring sticks
for performance
Working with and through others management →
social process in which managers get things
is a
done by working with and through others
Balancing effectiveness and efficiency
Effectiveness :
→
entailspromptly archiving a stated
organizational objective
→
given the reality of limited resources ,
effectiveness alone is not enough
Efficiency :
→
entails bat acing the amount of resources
used to archive an objective against
what was actually accomplished
→
the more favorable the ratio of benefits
to costs , the greater the efficiency
the and coordination of the activities of a business in order to archive
organization
as a factor of production along with machines , materials
defined objectives ; often included
and money includes marketing
,
and innovation ; the process of working with and through
others to archive organizational objectives in changing environment entails the effective ,
and efficient use of limited resources
Effectiveness the degree
-
to which objectives are archived and the extent to which targeted problems
are solved , without reference to costs → doing the right thing
Efficiency -
the comparison of what is actually produced or performed with what can be archived
with the same consumption of resources ; an important factor in determination of productivity
Managerial functions -
refer to the managerial Managerial skills -
refer to manager 's ability
job from
role a task based to execute the functions
-
perspective
organising
planning Staffing
- t e
communicating ← Basic managerial functions → Directing
f ↳
coordinating
f Motivating
controlling
, Realities of managing today
productivity improvement a favorable ratio between
: -
11 The only certainty today change →
inputs andoutput is the constant struggle
4 Orders of the day speed teamwork flexibility
→
, , to balance effectiveness and efficiency
31Managers at any level → need to stay close
to customer
41 No true economic progress for individuals
.
and organizations → without continuous improvement
" "
and learning shortcomings of derailed managers :
→
problems with interpersonal relationships
Archiving organizational Objectives -
targets →
failure to meet business objectives
to be strived for and attained : →
failure to build and lead the team
→
challenging yet archiev able objectives provide →
inability to change and adapt during
guidance for effective and efficient actions a transition
by individuals and organizations
→
organizational objectives always require
collective action
→
organizational objectives serve as measuring sticks
for performance
Working with and through others management →
social process in which managers get things
is a
done by working with and through others
Balancing effectiveness and efficiency
Effectiveness :
→
entailspromptly archiving a stated
organizational objective
→
given the reality of limited resources ,
effectiveness alone is not enough
Efficiency :
→
entails bat acing the amount of resources
used to archive an objective against
what was actually accomplished
→
the more favorable the ratio of benefits
to costs , the greater the efficiency