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Chapter 1 WHAT IS A MANAGER?. Person who plans, organizes, directs, and controls the allocation of human financial, material, and information resources in pursuit of organizational goals. Planning:. defining goals and objectives developing a roadmap to achieve those goals . Organizing:.
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Chapter 1 WHAT IS A MANAGER? Person who plans, organizes, directs, and controls the allocation of human financial, material, and information resources in pursuit of organizational goals.
Planning: • defining goals and objectives • developing a roadmap to achieve those goals
Organizing: • structuring the resources of the organization to achieve organizational goals
Directing • Communicating • Mentoring • Modeling • Coaching • Motivating
Controlling: • monitoring performance • taking action to minimize the performance gap
Functional and General Managers • Functional Managers-handle tasks in a specialized area • General Managers-Oversee multiple functions or functional managers
Levels of Management • First Line • Middle Managers • Top Managers • Small Business Managers
First Line • Production supervisors, sales managers, store managers • directly responsible for operations • strong technical skills necessary
Middle Managers • Plant managers, area directors, division managers • Liaison between top and bottom levels • Receive general objectives from top management and translate them into specific objectives • Information link for information to move up in the organization • Affected by downsizing
Top Managers • Presidents and CEO’s • Direct the overall vision and direction of the organization • Much of their time is spent networking outside of the organization dealing with business environment issues
Small Business Owners • Must fill all roles mentioned above • Growth is dependent upon adapting to changing requirements of business size
Managers Vs. Leaders • Manager is a position • Leader does not require position