270 likes | 394 Views
Fundamentals of Management wk 1– theories and background. Richard Selby. PLEASE NOTE CAREFULLY:. You will NOT pass your exam by simply copying this work. You are expected to follow the links and references given in your own studies, to expand your personal knowledge. PLEASE NOTE CAREFULLY:.
E N D
Fundamentals of Managementwk 1– theories and background Richard Selby
PLEASE NOTE CAREFULLY: You will NOT pass your exam by simply copying this work. You are expected to follow the links and references given in your own studies, to expand your personal knowledge.
PLEASE NOTE CAREFULLY: Also remember that well-known and well-respected managers spend time to read biographies of other high profile managers to help them develop their own characters. You should follow their examples!
Topic 1 – Management concepts and theory Topic 2 – Business concepts and hierarchies Topic 3 – Basic business economics Topic 4 – Control of business activities Topic 5 – Business opportunities and strategies Topic 6 – Investment, production and development Topic 7 – Systems and processes Topic 8 – Decision making Topic 9 – Business functions and missions Topic 10 – Organisational structure and development Topic 11 – Basic concepts of HR management Topic 12 – Managerial roles, styles and personalities Topic 13 – Corporate culture. The role of teams Topic 14 – Business ethics Structure of the Unit
…..although the theory might be. Consider: The building of the pyramids The building of the Great Wall of China All these had to be managed somehow Management is not new
All the employees within an organisation whose job it is to control other people and resources, given the objectives of the organisation It might be stated that: “The management had a meeting this morning” Management is (1)
All the employees within an organisation whose job it is to control other people and resources, given the objectives of the organisation It might be stated that: “The management had a meeting this morning” Management is (1) People
The process which has to be done to make something happen It might be stated that: “The management of this course takes a lot of effort” Management is (2)
The process which has to be done to make something happen It might be stated that: “The management of this course takes a lot of effort” Management is (2) A process
A specific area of knowledge in which the work of managers and organisations is studied It might be stated that: “We will be taking an examination in management in January” Management is (3)
A specific area of knowledge in which the work of managers and organisations are studies It might be stated that: “We will be taking an examination in management in January” Management is (3) A discipline
A definition ofManagement Management is making the best possible use of resources, for example People Money Land Space Equipment Time …..in order to achieve understood and discussed objectives
Management Theories (1) F. W. Taylor (1856 - 1917) “Scientific Management” 1: Break down work into discrete parts 2: Only one “Best way” to do a job 3: Motivated by money to accept the “Best way”
Management Theories (2) Max Weber and Henri Fayol (1920’s) “Bureaucracy” and “Universalism” 1: Bureaucratic method - Rules and Regulations 2: Universalism - Rigid hierarchies
Management Theories (3) Elton Mayo “Human Relations” 1: Recognise that people are not machines 2: Consultation 3: Social interaction
Management Theories (4) A. H. Maslow (1950’s and 1960’s) “Hierarchy of Needs” Recognise that people are different and have different needs.
Management Theories (5) E. H. Schein (1960’s) “Complex Man” Further recognition that people are individuals!
Management Theories (6) Peter Drucker (1960’s and 1970’s) “Management by Objectives” 1: Setting objectives for staff 2: Strategic management 3: Decentralisation
Management Theories (7) Peter Drucker (1960’s and 1970’s) “Management by Objectives” 1: Setting objectives for staff 2: Strategic management 3: Decentralisation Managing in turbulent times (Oil crisis/Middle East wars)
Management Theories (8) (1980’s) “Japanese approach”
Management Theories (9) 1990’s - 2000’s “Learning Organisation” 1: Nothing is certain 2: Flexibility 3: Flat hierarchies 4: Business processes
Management Theories Further studies Start with http://www.comp.glam.ac.uk/teaching/ismanagement/manstyles2f.htm Then use search engines to research: FW Taylor, Max Weber, Henri Fayol, Elton Mayo, AH Maslow, EH Shein, Peter Drucker
Seminar work Working in groups of 3 or 4 people, find actual examples of at least one of these management practices in business (modern or older). Be prepared to report back to the rest of the class before the end of this seminar session.