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Management Roles, Skills, and Functions. Business in Action Chapter 7 Authors: Bovee and Thrill. Managerial Functions. Planning. Organizing. Leading. Controlling. Managerial Roles. Interpersonal. Informational. Decisional. The Planning Function. Develop Strategies or Success.
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Management Roles, Skills, and Functions Business in Action Chapter 7 Authors: Bovee and Thrill
Managerial Functions Planning Organizing Leading Controlling
Managerial Roles Interpersonal Informational Decisional
The Planning Function Develop Strategies or Success Set Goals and Objectives Develop Action Plans
Define Mission, Vision, and Values Mission Statement Vision Statement Values Statement
Develop Forecasts Qualitative Forecasting Quantitative Forecasting Intuitive Judgments Consumer Research Historical Data Statistical Computations
Competitive Analysis SWOT Analysis Internal • Strengths • Weaknesses External • Opportunities • Threats
Goals Objectives Broad, Long-Range Target or Aim Specific, Short-Range Target or Aim Establish Goals and Objectives Boosts Motivation Guides Activity Sets Standards Clarifies Expectations
Develop Action Plans Tactical Plans: Plans that define the actions and the resource allocation necessary to achieve tactical objectives and to support strategic plans. Operational Plans: Plans that lay out the actions and the resource allocation needed to achieve operational objectives and to support tactical plans.
Leading Cognitive Intelligence Emotional Intelligence Social Intelligence
Leadership Styles Autocratic Democratic Laissez-faire
Leadership Tasks Coaching Mentoring • Meeting with employees • Discussing problems • Offering suggestions • Encouraging solutions • Guiding employees • Explaining office politics • Serving as role models • Providing valuable advice
Identify What Needs to Change Identify Forces For and Against Change Select the Best Approach Reinforce and Monitor Behavior Managing Change Present Situation Process of Change New Situation
Organizational Culture Company Values People Community Communication Employee Performance
Monitoring Progress Resetting The Course Correcting Deviations The Controlling Function
The Controlling Cycle Set Strategic Goals 1. Set Standards 2. Measure Performance Reevaluate Standards Correct Performance 4. Inadequate Take Action 3. Compare To Standard 4. Adequate No Action
Corporate Power Struggles Operational Breakdowns Contingency Plans Open Communication Product Failures Environmental Accidents Crisis Planning
Essential Management Skills Interpersonal Technical Conceptual Decision making