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Management & Organization. Session 17. Your system for Getting Things Done. The morale of an organization is not built from the bottom up; it filters from the top down – Peter B.Kyne. The Elements of Management & Organization. Management and Organization Summary Management Team
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Management & Organization Session 17 J0704-Business Plan
Your system for Getting Things Done The morale of an organization is not built from the bottom up; it filters from the top down – Peter B.Kyne J0704-Business Plan
The Elements of Management & Organization • Management and Organization Summary • Management Team • Key Personnel Responsibilities and Duties • Management Philosophy • Key Personal Incentive • Organizational Structure • Personnel Plan J0704-Business Plan
Management team • Introduce your managers in a short table of content by title and name • If start-up company has no managers, present your qualifications deftly by marketing your education, experience, achievement, traits, talents and capabilities to your advantage • If the business is large enough to include other management staff, then all the better J0704-Business Plan
Key Personnel Responsibilities and Duties • List current and future managerial title that reflect your staffing plan when you will be operating at peak performance • Label positions that are vacant and describe the qualifications for individuals you are seeking to fill them • Describe the key personnel responsibilities and duties J0704-Business Plan
Management Philosophy • More valuable for internal use • A great manager uses these as developed management rules • Example for management philosophy : • Lead by example • Develop teamwork • Be fair, consistent and clear • Keep good communication • Recognize achievement • Reward initiative J0704-Business Plan
Key Personnel insentives • Many companies offer monetary incentives in addition to salary to decrease personnel turnover and encourage top performance. • Many creative incentives that are used, here are a few examples: • Profit sharing • Stock option • Stock share • Bonuses J0704-Business Plan
Organizational Structure • The complete picture of the employees in the business and cover how work is divided among them and their reporting structure • Use Organizational chart J0704-Business Plan
Personnel Plan • Introduce most of staff by writing specifying number of employees, both part- and fulltime • Create personal plan, which is basically a chart of department by employee, function and salary J0704-Business Plan