PART I: INTRODUCTION CHAPTER 1 - MANAGERS AND MANAGEMENT LEARNING OUTCOMES After reading this chapter students will be able to: 1. Tell who managers are and where they work. 2. Define management. 3. Describe what managers do. 4. Explain why it‘s important to study management. 5. Describe the factors that are reshaping and redefining management. Opening Vignette – The Man Behind an African Megabrand SUMMARY Herman Mashaba‚ along with two business partners‚ founded the South African Black Like Me
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Motivation Motivation can be defined as the extent to which persistent effort is directed toward a goal ( Campbell‚ Dunnette‚ Lawler &Weick ). Effort: The first aspect of motivation refers to the amount of effort being applied to the job. This effort must be defined in relation to its appropriateness to the objectives being pursued. One may‚ for example‚ apply tremendous effort to inappropriate tasks that do not contribute to the achievement of the stated goals. Persistence: The second
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Describe three different roles of a manager; what skills are essential to perform these roles? Ans: Many people say‚ that “management is what managers do” While that’s true‚ it doesn’t tell us much unfortunately. So in order to understand the concept of management‚ you have to understand what managers do. There are three specific categorization schemes to explain what managers do‚ result of many years of research and study: • Roles (Henry Mintzberg) • Skills (Robert L. Katz) There are three
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Identify the major managerial skills needed by every supervisor. Why are these important? The major managerial skills are technical‚ human relations‚ administrative‚ conceptual‚ leadership‚ political and emotional intelligence skills. The Managerial skills which are required by managers working at different levels of management. The top-level managers require more conceptual skills and less technical skills. The lower-level managers require more technical skills and fewer conceptual skills. Human relations
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Managers and management. Managerial competencies‚ communication‚ planning and administration‚ teamwork‚ strategic action‚ global awareness and self-management. Effective managers must pay attention to what goes inside and outside of their organization. Organization is a coordinated group of people who function to achieve a particular goal. Every organization has a structure and strives to achieve goals that individuals acting alone could not reach. All organizations strives‚ to achieve specific
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1.1 Why are managers needed in an organization? What is their main goal? Well‚ congratulations on completing the first block of this course – Strategy. We can think on Strategy as a high level plan for achieving firm’s goals under conditions of uncertainty and continuous change. Now‚ what is the connection between Strategy and Management? It is simply the firm’s goals. The role of management is to move and guide firm toward goal accomplishment. During the Strategy block‚ we learned that every company
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organization‚ top managers are important persons to lead the company as a whole like Chief Executive Officers. A large amount of managerial researches has suggested that a firm’s top manager is the fundamental variable in determining whether the firm would succeed or fail (Torres‚ Harrison and Kukalis‚ 1988; Koene‚ Soeters Vogelaar and 2002). There are also many findings on the duties of being the top of the management hierarchy O’Toole‚ Galbraith and Lawler (2002) suggests that abilities of top managers
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Managerial and Supervisory Positions Knowledge How have you prepared yourself for this kind of position? What have you been doing to keep up to date in your field? How would you rate your level of expertise in [insert major function to be performed] compared with others in similar positions? Why do you rate yourself that way? In which areas do you feel you need to upgrade your knowledge? Why do you feel that way? What improvements did you introduce in your last position? How good is your
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general there are three different types of managers‚ first line managers‚ middle managers and top managers. Each of the three managers has different specific ability required. This essay focuses on top-level managers and what are the skills necessary for top-level manager or Chief Executive Officers (CEOs). This thesis will also identifies the three types of managerial skill and compares Katz theory of Managerial Skills with Minzberg theory of Managerial Roles. Chief executives officers (CEOs) are
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Presentation Week 13 - Willie Prep Case Analysis Week 14 - Geracar’ Final Case Analysis Purpose: What is our clear and common goal? Our goal is to develop the skills needed to progress in the management world‚ which includes learning and understanding how to more efficiently work together in a team environment. We want to develop the skills to overcome team challenges. Metrics: How will we evaluate our performance? We will evaluate our performance against the criteria established in the
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