Preview

Principle of Management

Powerful Essays
Open Document
Open Document
3328 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Principle of Management
1. INTRODUCTION
Manager is an organisational member who integrates and coordinates the work of others in order to achieve organisational goals. It is definitely not about personal achievement, but about helping others to do their work. Manager is also the person who creates and coordinates the workplace systems and conditions so that others can perform those tasks effectively. Though many know the concept of being a manager, not many know how to apply it in practical scenarios. We managed to interview an operation manager, Ms Darlene Ng, who works in the Standard Chartered Bank. From this interview, we can clearly see how she plans, organises, leads and controls. The four management functions will be introduced first. Next in line, would be the managerial roles. It is identified that she is playing an interpersonal and decisional role according to Henry Mintzberg’s Management roles. She uses Conceptual skills and Human skills according to Robert Katz’s Management Skills more in her daily working life as compared to technical skills. The report will have fine details of what Ms Ng does in relations to the Management roles and skills. Finally, the report will conclude with the learning points that Ms Ng shared.

2. MANAGEMENT FUNCTIONS
According to the function approach, managers perform certain activities or functions as they efficiently and effectively coordinate the work of others. The four functions are planning, organising, leading and controlling.

2.1 PLANNING
Planning refers to setting goals, establishing strategies to achieve them and developing plans to integrate and coordinate activities. As a departmental manager, Ms Ng hopes that her team can aid other departments well to achieve the desired bank’s revenue. Her strategies established were to ensure that all her staff are on duty for every quarter-end in order to be able to clear all the submitted cases by the sales department. From time to time, she would organise team-building events

You May Also Find These Documents Helpful

  • Good Essays

    The Four Primary Functions of Management are universally applicable and adaptable to most management situations. Successful management techniques are accomplished through the Four Primary Functions of Management: planning, organizing, leading, and controlling. Many companies such as Walmart rely on management theories, Innovation utilizes the planning and organizational process of the Four Functions of Management.…

    • 394 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    According to Bateman and Snell (2009), “the effective and efficient management of all four functions of management is the key to being a good manager.” To accomplish this task, a manager must master and apply all four functions (planning, organizing, leading and controlling) of management on a regular basis.…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Principle of Management

    • 520 Words
    • 3 Pages

    _____ is the marketing of goods and services to individuals and organizations for purposes other than personal consumption.…

    • 520 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Principles of Management

    • 862 Words
    • 3 Pages

    2. Reflect on the information presented in this week’s lesson and provide an insightful response to each question writing no more than two paragraphs.…

    • 862 Words
    • 3 Pages
    Satisfactory Essays
  • Better Essays

    LTC MGT230 EssayWK2 2

    • 1806 Words
    • 5 Pages

    So what does good management take? Well, many would like to tell you about loyalty, duty, respect, selfless service, honor, integrity and personal courage. While those defiantly are great characteristics of a true leader and management they are a bit out of place here. To stay on track the four functions of management need to be broken down. The four functions are planning, organizing, leading, and controlling.…

    • 1806 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Role of a Manager

    • 1189 Words
    • 5 Pages

    A manager’s activities and attributes are captured within these elements which have been constructed as models in management textbooks, passed down from historical studies and publications to assist the student to appreciate the role of the manager. However, the things that a manager does are so diverse and…

    • 1189 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    principles of management

    • 3385 Words
    • 14 Pages

    1. Before 1997, Diebold manufactured its ATM machines in the United States and sold them internationally via distribution agreements, first with Philips Electronics NV and then with IBM. Why do you think Diebold choose this mode of expanding internationally? What were advantages and disadvantages of this agreement?…

    • 3385 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    1. Developing employee skills is a challenge in almost any environment. What type of skills needs to be mostly developed for EMAL trainees?…

    • 367 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    According to the function approach, managers perform certain activities or functions as planning, organizing, leading and controlling as they efficiently and effectively coordinate the work of others. Managers of Berjaya Corporation Berhad also perform the management functions very well.…

    • 823 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Read the following case and answer the questions given at the end of the case.…

    • 2879 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    Fundamental of Management

    • 2055 Words
    • 9 Pages

    | | |organizations must master if they are to survive in the long run. |…

    • 2055 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Fundamental of Management

    • 1032 Words
    • 5 Pages

    According to trait theories of leadership, traits associated with leadership include self- confidence, extraversion and contradictory. However, these traits do not exist in Darwin. K.Smith, a tranformational CEO of Kimberly Slark that turned the company from good to great(. Level 5 leadership ). He is clearly a level 5 leader, but exhibits traits not traditionally associated with leaders. Kurt Lewin's studies at the University of lowa suggest that there are 3 leadership styles: autocratic style, democratic style and laissze- faire style.each style is suitable for different situations. To match leaders with situations, we can either put leaders with suitable styles to the respective situations or adjust the situations for the leaders. Hwever, can leaders be trained to adopt suitable leadership styles required by the situations ? If so, what are the measures? Or do normal leader only have limited or fixed leadership styles due to their personalities?…

    • 1032 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Principle of management

    • 1789 Words
    • 8 Pages

    Q. What is the Corporate Social Responsibility policy of IBM is and how it is implemented and evaluated…

    • 1789 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    principles of management

    • 1426 Words
    • 5 Pages

    It is a glittering showcase of upper class Manhattan. The privileged prep school teens on Manhattan 's Upper East Side first learn that Serena van der Woodsen (Blake Lively) is back, from her self-imposed exile to boarding school, the way they learn all the important news in their lives -- from the blog of the all-knowing albeit ultra-secretive…

    • 1426 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Principles of Management

    • 1450 Words
    • 6 Pages

    Unethical and ethical behaviors in the workplace can destroy or build a business. In my research I found that unethical workplaces are more commonly found in today’s business world. With this being said even though it’s commonly found there are ways to get rid of or just minimize unethical behaviors in the workplace to help a business stride towards excellence and good workplace ethics by following a corporate wide code of conduct. That everyone in this workplace knows, follows, and enforces. Making it difficult for anyone from the CEO to an employee to make mistakes and keep a focus on how the job should be executed on a daily. Even though a code of conduct can put a business owner at ease for rules and guidelines for their employees to follow, the owner should also keep in mind that his employees should feel a sense of comfort in the work place and reward at times of their good work ethics. Minimizing unethical behaviors takes time but will build a company and show the potential of its workers.…

    • 1450 Words
    • 6 Pages
    Better Essays