16th session management processes (1)
DESCRIPTION
naTRANSCRIPT
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Management Processes
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They are management functions to carry out day to day activities of the organizations
they are P-O-L-C framework
Planning
Organizing
Leading
Controlling
Management Processes
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Objectives and course of action to achieve objectives
Environmental scanning
Evaluations and corrective actions
Strategic planning- competitive opportunities and threats
Tactical planning- intermediate range planning, managers
Operational planning- short range planning, units, objectives, targets etc
Planning
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Developing organization structure and allocating human resources to achieve goals
organization chart, decision making, organization design
job enrichment
Job design
team work
autonomy
Organizing
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Staffing
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Leading involves the social and informal sources of influence that you use to inspire action taken by others. If managers are effective leaders, their subordinates will be enthusiastic about exerting effort to attain organizational objectives
what makes a manager a good leader?
Leading
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Establishing performance standard
Comparing actual performance against standard
Taking corrective actions when necessary
Performance standards are often stated in monetary terms such as revenue, costs, or profits but may also be stated in other terms, such as units produced, number of defective products, or levels of quality or customer service
The measurement of performance can be done in several ways, depending on the performance standards, including financial statements, sales reports, production results, customer satisfaction, and formal performance appraisals
Controlling
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Believe in yourself
Always bear in mind that your own resolution to succeed is more important than any other one thing
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P-O-L-C Model
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Questions & Discussion
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Thank you!