- Key function of management
- Managers have 3 major tasks/roles:
- Interpersonal role/routine tasks
- Dealing with employee-related issues
- Communicating with external stakeholders
- Other set/recurring tasks – meetings, staff appraisal, etc.
- Informational role/communication tasks
- Decision-making role/planning tasks
- Fayol’s Theory
- Management plans, organizes, commands, coordinates, and controls business activities
- Need for division of labor, specialization, military-like structure, authoritarian management, unity in command, equity, and morale
- Charles Handy’s Theory
- Managers are intelligent, have initiative and are self-assured
- Theory of Management
- Managers as general practitioners (deal with health of business)
- Managers as confronters of dilemmas
- Managers as balancers of cultural mixes
- Helicopter factor – need to rise and see the bigger picture
- Drucker’s Theory
- Encouragement of decentralization
- Managers have to:
- Set organizational objectives
- Organizing tasks and people
- Communicating and motivating
- Measuring performance
- Developing people
- Managers have 3 major tasks/roles:
- Leadership vs. management
- Leadership
- Process of influencing and inspiring others to achieve goals (usually with broad goals and no time frame)
- Management
- Process of problem solving and decision making as well as planning, organizing, budgeting, and controlling (usually with specific goals and definite timeframe)
- Time and devotion – leadership is a 24 hour job
- Roles and responsibilities – leaders innovate, managers administer
- Influence on others – leaders uses emotion, managers rationalize
- Vision – leaders have them
- Leadership
- Leadership styles
- Autocratic (authoritarian)
- Makes all decisions, doesn’t delegate tasks or responsibility
- Appropriate when workers are unskilled, unmotivated
- No feedback from subordinates as their opinions/suggestions are ignored (alienates workforce)
- Democratic
- Involves subordinates in decision-making process
- Better morale and motivation among employees, better decisions
- Appropriate when manager can’t always be around, employees are competent
- Not suitable for very large workforce
- Decision-making may take a long time
- Laissez-faire
- Decision-making and authority is delegated
- Causes high morale/motivation among subordinates
- Appropriate for situations where creative ideas are important, subordinates are competent, skilled, and motivated
- Decision making and time taken to accomplish tasks may take long due to lack of supervision
- Situational leadership (contingency management)
- Not based on single approach
- Using right person and the right style for the right situation
- CLOTS – factors that affect situational leadership
- Culture – culture/group norms in organization
- Leader – how experienced/trusted are leaders
- Organization – tall or flat hierarchical structure
- Task – to what extent is task difficult/urgent/important?
- Subordinates – what is level of skill/motivation/unity of members? how many employees are there?
- Autocratic (authoritarian)
Comments 1
great notes!!!