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Management 349. Principles of Management & Organizational Behavior. “So, what’s your major?”. Any Physics majors?. Principles of physics?. E=mc 2 Gravity ‘sucks’. Astronomy majors?. Principles of Astronomy?. The earth revolves around the sun
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Management 349 Principles of Management & Organizational Behavior
Principles of physics? • E=mc2 • Gravity ‘sucks’
Principles of Astronomy? • The earth revolves around the sun • My very excellent mother just served us nine pizzas
Management majors? • Principles of Management? • Definition of Management?
Management Principles in this Class • Applied people skills • Knowledge of organizations
Organizations are like… People !?
But all people… • Breathe in oxygen • Breathe out carbon dioxide • Need food and liquid to subsist • These are Commonalities
All Organizations are unique • Each has its own set of values • Culture • Strengths & Weaknesses
Commonalities of Organizations • Purpose for existence • Rules or procedures • Task assignments • Means of communication • Hierarchy of authority
Regardless of the Organization: • IBM • Disney • Microsoft • WIU • Three Stooges Fan Club Those commonalities exist.
Knowledge of organizations is important no matter… • What job you have • What organization you work in • How old you are
If you want to succeed in your career… • You have to know how the ‘game’ is played
Organizational Behavior • Behavior of people working in an organization, particularly in groups • Prediction and control of human behavior
349 is often the first (and sometimes the only) Business class for students
Business Overview • Throughout the course we will examine some general business concerns and examples
PC Industry • 1981 8088 - Dual 160 KB Floppy Drives $3,300 • 1991 486 - 120 MB Hard Drive $2,300 • 2001 Pentium 4 - 20 GB Hard Drive $950
PC Industry • Features have improved • Prices have declined • Why?
Automotive Industry • How long have cars been on the market? • Why haven’t prices declined as per PCs?
Differences in the industries • PCs: Automated production • Cars: Labor intensive • Cost of producing PCs decreases, but cost of labor increases
Quick Question • Briefly discuss with a person next to you: Famous managers (or leaders). Come up with a list of three mgrs/leaders Living or dead, real or fictional