Management

Engr. Lina D. dela Cruz Chemical Engineering Department Technological Institute of the Philippines, Manila

Definition

Management- is the art of getting things done through people

Functions of Management

The four functions of management are 1. Planning and strategizing 2. Organizing 3. Controlling 4. Leading and developing emplyees

Definitions

Planning - a formal process whereby managers choose goals, identify actions to attain those goals, allocate responsibility for implementing actions to individuals or units, measure the success of actions by comparing actual results against goals, and revise plans accordingly.

Strategizing - is the is the process of thinking through on a continual basis what strategies an organization should pursue to attain its goals. Strategy - is an action that managers take to attain the goals of an organization

Organizing - the process of deciding who within an organization will perform what tasks, where decisions will e made, who reports to whom, and how different parts of the organization will coordinate their activities to puesue a common goal.

Controlling - the process of monitoring performance against goals, intervening when goals are not met, and taking corrective action. Incentive - is a factor, monetary or non monetary, that motivates an individual to pursue a particular course of action.

Leading - is the process of motivating, influencing, and directing others In the organization to work productively in pursuit of organization goals. Developing employees - the task of hiring, training mentoring, and rewarding employees in an organization including other managers

Types of Managers

Managers are found at multiple levels in an organization. They may lead an entire organization, head functions, departments or units.

Types of Managers

1. General Managers - they are responsible

for the overall performance of an organization or one of its major self-contained subunits or division. 2. Functional Managers - responsible for leading a particular function or a subunit within a function. 3. Frontline Managers - managers who manage employees who are themselves not managers

``

Managerial roles -are specific behaviors associated with the task of management. Managers adopt these roles to accomplish the basic functions of management namely planning and strategizing, organizing, controlling, and leading and developing employees.