Efforts.
Good news. My efforts previously have not gone down the drain.
It was actually helpful to the test.
Finally, I have a paper that I'm confident about.
Anyway, tomorrow's paper would be about Principles of Management which is more of understanding and I have not read much of it. Hence, I shall be using the exact same method to remember and speed things up.. So bear with me..
Module No: BE 6105 Principles of Management
~~~START OF TOPIC 1~~~
Management seems like an easy word however we need to remember the definition of it.
DEFINITION:
Process of WORKING WITH and THROUGH OTHERS to ACHIEVE ORGANIZATION OBJECTIVES in a CHANGING ENVIRONMENT.
It involves the COORDINATION and OVERALL SEEING of WORK ACTIVITIES of others so that these activities are completed EFFICIENTLY and EFFECTIVELY.
In addition, we also need to know what efficiency and effectiveness is.
Efficiency : MOST OUTPUT from LEAST inputs.
Effectiveness: "Doing the right things" will help the organiation reach its goal and not wasting organizational resources.
What are the management functions?
There 5 management functions in total; Planning, Organizing, Staffing, Directing, Controlling.
(1) Planning -
This involves the defining of short team and long term goals, establishign strategies and developing a hierarchy of plans to integrate and coordinate activities.
(2) Organizing -
This involes determining what tasks are to be done, who is to do them, how the tasks are to be grouped and where the decisions are to be made.
(3) Staffing -
This involes the recruitment, training and developing people within the organization who can contribute positivvely to the organization.
(4) Directing -
This involves motivating subordinates, resolving work group conflicts, influencing indiviuals and teams as they work, selecting the most effective communication chanel, or dealing with employee behavior issues.
(5) Controlling -
This involves the evaluation of whether things are going as planned. To ensure that goals are being met and that work is being completed. In addition, the acutal performance must also be measured against goals that are previously set for deviations. If there is significant deviations, measures must be taken to get work performance back on track. This process of monitoring, comparing and correcting are part of controlling function.
Note: Not to worry, we would be studying "Controlling" in dept later.
What are the Management roles?
There are 3 Management roles in total; Interpersonal, Informational, Decisional.
(1) Interpersonal -
Basically, the name is obviously to this role. This role is about socializing around with people and doing the jobs that require facing the people.
3 types.
- Figure head.
( Greeting visitors, signing legal documents )
- Leader.
( Motivating, training staff )
- Liaison.
(Maintaining communications with all contacts )
(2) Informational -
To collect, receive, disseminating information.
3 types.
- Monitor
(Maintain wide variety of special information to develop understanding of origination )
- Disseminator
(Trasmit information between employees )
- Spokesman
(Provides information to media on company's policies and action.
(3) Decisional
Simple; Making decisions.
4 types.
- Entrepreneur
(Explore opportunities)
- Disturbane handler
(Enforce corrective actions when company faces disturbance)
- Resource allocator
(Responsible for company's resources of all kind)
- Negotiator
(Represent company in all negotiations)
What are the skills required in management?
There are 6 managing skills.
(1) Technical skills
- Job-specific knowledge and techniques needed to proficiently perofrm specific tasks.
(Industry knowledgee of the company's product; Product knowledge.)
(2) Human skills
- The ability to work well with other people at all level of management.
(3) Conceptual skills
- Mental ability to analyze and diagnose complex situation,
- Identify opportunities for innovation,
- Recognise problem areas and implement solutions.
(4) Communication skills - Transformation of ideas into words and actions
- Have credibility among colleagues, peers and subordinates
- Always listening and asking questions
- Presentation skills
(5) Effectiveness skills
- Ability to contribute to corportate mission or department objectives
- Customer focus
- Multi-task
- Negotiating skills
- Project management
- Review operations
- Implementing improvements
-Good time management.
Gonna call up my friend Chia to use successful study plans.
It was actually helpful to the test.
Finally, I have a paper that I'm confident about.
Anyway, tomorrow's paper would be about Principles of Management which is more of understanding and I have not read much of it. Hence, I shall be using the exact same method to remember and speed things up.. So bear with me..
Module No: BE 6105 Principles of Management
~~~START OF TOPIC 1~~~
Management seems like an easy word however we need to remember the definition of it.
DEFINITION:
Process of WORKING WITH and THROUGH OTHERS to ACHIEVE ORGANIZATION OBJECTIVES in a CHANGING ENVIRONMENT.
It involves the COORDINATION and OVERALL SEEING of WORK ACTIVITIES of others so that these activities are completed EFFICIENTLY and EFFECTIVELY.
In addition, we also need to know what efficiency and effectiveness is.
Efficiency : MOST OUTPUT from LEAST inputs.
Effectiveness: "Doing the right things" will help the organiation reach its goal and not wasting organizational resources.
What are the management functions?
There 5 management functions in total; Planning, Organizing, Staffing, Directing, Controlling.
(1) Planning -
This involves the defining of short team and long term goals, establishign strategies and developing a hierarchy of plans to integrate and coordinate activities.
(2) Organizing -
This involes determining what tasks are to be done, who is to do them, how the tasks are to be grouped and where the decisions are to be made.
(3) Staffing -
This involes the recruitment, training and developing people within the organization who can contribute positivvely to the organization.
(4) Directing -
This involves motivating subordinates, resolving work group conflicts, influencing indiviuals and teams as they work, selecting the most effective communication chanel, or dealing with employee behavior issues.
(5) Controlling -
This involves the evaluation of whether things are going as planned. To ensure that goals are being met and that work is being completed. In addition, the acutal performance must also be measured against goals that are previously set for deviations. If there is significant deviations, measures must be taken to get work performance back on track. This process of monitoring, comparing and correcting are part of controlling function.
Note: Not to worry, we would be studying "Controlling" in dept later.
What are the Management roles?
There are 3 Management roles in total; Interpersonal, Informational, Decisional.
(1) Interpersonal -
Basically, the name is obviously to this role. This role is about socializing around with people and doing the jobs that require facing the people.
3 types.
- Figure head.
( Greeting visitors, signing legal documents )
- Leader.
( Motivating, training staff )
- Liaison.
(Maintaining communications with all contacts )
(2) Informational -
To collect, receive, disseminating information.
3 types.
- Monitor
(Maintain wide variety of special information to develop understanding of origination )
- Disseminator
(Trasmit information between employees )
- Spokesman
(Provides information to media on company's policies and action.
(3) Decisional
Simple; Making decisions.
4 types.
- Entrepreneur
(Explore opportunities)
- Disturbane handler
(Enforce corrective actions when company faces disturbance)
- Resource allocator
(Responsible for company's resources of all kind)
- Negotiator
(Represent company in all negotiations)
What are the skills required in management?
There are 6 managing skills.
(1) Technical skills
- Job-specific knowledge and techniques needed to proficiently perofrm specific tasks.
(Industry knowledgee of the company's product; Product knowledge.)
(2) Human skills
- The ability to work well with other people at all level of management.
(3) Conceptual skills
- Mental ability to analyze and diagnose complex situation,
- Identify opportunities for innovation,
- Recognise problem areas and implement solutions.
(4) Communication skills - Transformation of ideas into words and actions
- Have credibility among colleagues, peers and subordinates
- Always listening and asking questions
- Presentation skills
(5) Effectiveness skills
- Ability to contribute to corportate mission or department objectives
- Customer focus
- Multi-task
- Negotiating skills
- Project management
- Review operations
- Implementing improvements
-Good time management.
Gonna call up my friend Chia to use successful study plans.
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