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What Is Management? A Brief Overview of the Business Discipline

Learn about the concept of management, its functions, and the role of a manager in a company. Explore planning, organizing, staffing, leading, and controlling as key management functions. Discover different types of plans, organizational structures, and the importance of staffing in achieving business goals. Find out how leadership and control play crucial roles in the management process.

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What Is Management? A Brief Overview of the Business Discipline

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Presentation Transcript

  1. MAnagement

  2. WHAT´S MANAGEMENT? • Business discipline • Human activity in a company • Theoretical science • Ability to manage a company

  3. WHO IS A MANAGER? = a person who manages something or somebody Manager´s basic tasks: • Responsibility for other people´swork • Planning the work • Allocating the resources • Control

  4. MANAGEMENT FUNCTIONS • Planning • Organizing • Staffing • Leading • Controlling

  5. PLANNING = how to achieve a particular goal

  6. TYPES OF PLANES • According to time: • Long-term plan (5 and more years) • Medium-term plan (1-5 years) • Short-term plan (up to 1 year) • According to control: • Strategic plan • Tactical plan • Operational plan • According to area management – e.g. Production plan, staffing plan, financial plan …

  7. ORGANIZING = assigning work and granting authority • The goal is to design an organizational structure • Types of organizational structures: • Functional structure • Divisional structure • matrix

  8. STAFFING = includes human resources planning and working with employees • The company have to find people with: • Right skills • Knowledge • Abilities to be the right employee on the right place.

  9. STAFFING It includes a lot of work with employees: • Recruiting • Selecting • Training • Developing • Educating • Etc.

  10. LEADING = The company needs to do more than just plan, organize, and staff to achieve a goal. The managers must also lead. It involves: • Motivating • Communicating • Guiding • encouraging

  11. CONTROLLING It includes: • Establishing benchmarks or standards • Comparing actual performance against standards • Treatment of unwanted

  12. TYPES OF CONTROL • According to time: • Feedforward control • Concurrent control • Feedback control • According to duration: • Continuous • Regular • Irregular • Partial control or complex control

  13. Resources: • http://www.cliffsnotes.com/more-subjects/principles-of-management/the-nature-of-management/functions-of-managers • http://education-portal.com/academy/lesson/types-of-planning-strategic-tactical-operational-contingency-planning.html#lesson • http://smallbusiness.chron.com/different-types-organizational-structure-723.html • http://www.cliffsnotes.com/more-subjects/principles-of-management/staffing-and-human-resource-management/staffing-as-a-management-function • www.pixabay.com

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