Essentials of Management

1. Essentials of Management Malik Perera BSc.(Col.), MBA (Col.)

2. Scope and Coverage • This topic will cover: • The role of managers in organisations • The main functions of management • The characteristics of an organisation • The importance of management in today’s business environment Malik Perera BSc.(Col.), MBA (Col.)

3. Learning Outcomes • By the end of this topic students will be able to: • Discuss and explain the basic functions of management within an organisation • Understand the key skills required by a successful manager • Explain the importance of effective management in today’s organisations Malik Perera BSc.(Col.), MBA (Col.)

4. What is a Manager? • Works with and through other people • Coordinates their work activities • Ensures that organisational goals are accomplished Malik Perera BSc.(Col.), MBA (Col.)

5. Managerial Levels • Duplicate this slide to continue the presentation. Top Managers Middle Managers First-Line Managers Non-managerial Employees Malik Perera BSc.(Col.), MBA (Col.)

6. Key Aspects of Management • Efficiency – coordinating work activities so that they are completed efficiently and effectively • Effectiveness – getting the most output from the least amount of inputs Malik Perera BSc.(Col.), MBA (Col.)

7. Management Functions • Planning • Organising • Leading • Controlling Malik Perera BSc.(Col.), MBA (Col.)

8. Planning • Defining goals • Establishing strategies for achieving these goals • Developing plans to integrate and coordinate activities Malik Perera BSc.(Col.), MBA (Col.)

9. Organising • Determining tasks to be done • Identifying who is to do them • Establishing who reports to whom and where decisions are made Malik Perera BSc.(Col.), MBA (Col.)

10. Leading • Motivating subordinates • Influencing individuals or teams • Selecting most effective communication • Dealing with employee behaviour issues Malik Perera BSc.(Col.), MBA (Col.)

11. Controlling • Monitoring actual performance • Comparing actual to standard • Taking corrective action if necessary Malik Perera BSc.(Col.), MBA (Col.)

12. Mintzberg’s Managerial Roles Malik Perera BSc.(Col.), MBA (Col.)

13. Essential Management Skills • Technical skills -knowledge and proficiency in a specialist field • Human skills – ability to work well with both individuals and groups • Conceptual skills – ability to think about and conceptualise complex situations Malik Perera BSc.(Col.), MBA (Col.)

14. Characteristics of an Organisation Malik Perera BSc.(Col.), MBA (Col.)

15. Changing Nature of Organisations Malik Perera BSc.(Col.), MBA (Col.)

16. Changing Nature of Management • Changing technology • Increased threats to security • Increased emphasis on ethics • Increased competitiveness Malik Perera BSc.(Col.), MBA (Col.)

17. The Need for Management All sizes of organisations small to large All organisational areas manufacturing, IT, human resources accounting etc. Management is needed… All types of organisations profit and not-for-profit All organisation levels from the bottom to the top Malik Perera BSc.(Col.), MBA (Col.)

18. Summary • Efficiency and effectiveness are key aspects of successful management • The core management functions are planning, organising, leading and controlling • Management roles are grouped around interpersonal relationships, transfer of information and decision making • Management needs to change to keep pace with the changing business environment Malik Perera BSc.(Col.), MBA (Col.)