basics of management
DESCRIPTION
Basic information of Management structure and styles.TRANSCRIPT
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The Importance of Business Management
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“Good management is the art of making problems so interesting and their solutions so constructive that everyone wants to get to work and deal with them”
Paul HawkenAuthor
Natural Capitalism
The Business World Today
Constant change!
Technology Society Environment Competition Diversity
What is Management?
The process of deciding how best to use a business’s resources to produce good or provide services
oEmployeesoEquipmentoMoney
Levels of Management
• Senior management
• Middle Management
• Supervisory Management
The Management Pyramid
The Management Process
• Planning• Organizing• Staffing• Leading • Controlling
Planning
Decides company goals and the actions to meet them
CEO sets a goal of for the Company
Top Management
Organizing
Groups related activities together and assigns employees to perform them
Staffing
Decides how many and what kind of people a business needs to meet its goals and then
Recruits Selects Trains the right people
Staffing
Leading
Provides guidance employees need to perform their tasks
Controlling
• Measures how the business performs to ensure that financial goals are being met
• Analyzing accounting records
• Make changes if financial standards not being met
Management Levels Vs. Function
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Thank You!
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