Assignment: Managing People
Topic: Semco Pumping Success
DATE: 18/06/2010
CONTENTS:
1. INTRODUCTION 3
2. CLASSICAL SCHOOL OF MANAGEMENT AND SEMCOS RELIENCE ON IT 4-7
3. TWO MOTIVATIONAL THEORIES AND ITS
RELEVANCE TO SEMCO 8-10
4. EMPOWERMENT CONCEPT 11-13
5. GORES LTD – SIMILAR MANAGEMENT AS SEMCO 14-16
6. CONCLUSION 17
7. REFERENCES 18
INTRODUCTION
➢ Management is become very important in today 's complex society, as more organizations are formed everyday. So management is very much essential in these organizations to plan organization direct and control operations to achieve the goal of organization.
➢ Terry and Rue management is defined as “A process or a form of work that involves the direction and guidance of group of people towards organizational goals and objective”.
➢ Stoner states “Management controls, organize, lead and plan the work of organization resources to achieve its goal.
➢ Koontz, O ' Donnell, Weierich point out that “management is the establishment of an environment for group efforts in such a way that individuals will contribute to group objectives with the least amount of such inputs as money, time, efforts, discomfort and material.
➢ Johnson and Stinson stated, “Management is the process of working together to accomplish the organizational goal”.
➢ By looking to all these definitions we define that “management is a process organizing and controlling the organization by planning with the group of people and help the organization to achieve its goals and objectives”.
➢ Management is the task as well as discipline. Every achievement of the organizations is the achievements of the managers. Every failure of the organizational is the failure of the managers. The dedication, vision and integrity of the manager’s shows whether there
References: 2. Bill Green, Gary Hamel: The future of Management, 2007, Pg.145 3 4. Drucker, Peter F (1909): Management tasks, responsibilities, practices pp 1-3. 5. Fayol, H (1949), General and Industrial management (C. Storrs, Trans.). London: Pittman. 6. Follett, M.P., Pauline, G., & Graham, P. (1995). Mary Parker Follett: Prophet of management (P. Graham, Ed.). Boston: Harvard Business School Press. 7. Green Thad B, (1992) Performance And Motivation Strategies For Today’s Workforce, Guide to expectancy motivation theory application, p-1. 8. Lorenzana, Carlos C (1993): Management Theory and Practice, pp 3-4 9 10. Ricardo Semler, The seven-day weekend: changing the way work works, 2004, Pg.115-210.