Principles of Management
by Rafa Sait
1. Types of Managers
1.1. Top Managers-Develop the company's strategy and are the steward for their company's vision.
1.2. Functional Managers- are responsible for the efficiency of a specific area within their company such as accounting
1.3. Supervisory Managers- responsible for coordinating a subgroup of a specific area
1.4. Line Managers-Lead a team that coordinates directly to the product or service
1.5. Staff Managers-Lead a group that creates direct inputs. They lead an advisory role.
1.6. Project Manager- are responsible for the planning, execution and completion of projects
1.7. General Managers- are responsible for managing a clearly identifiable, revenue- producing unit.
2. Managerial Roles
2.1. Interpersonal - figurehead, leader, and liaison
2.2. Informational- monitor, disseminator, and spokesperson
2.3. Decisional- entrepreneur, disturbance handler, resource allocator, negotiator
3. Leadership
3.1. The act of influencing others toward a goal.
4. Entrepreneurship
4.1. The recognition of opportunites and the use of creation of resources to implement innovative ideas for new thoughtfully planned ventures
5. Strategy
5.1. The central, integrated, externally-oriented concept of how an organization will achieve all of its goals
6. Organizing, Leading and Controling
6.1. Planning- involves setting objectives and determining a course of action for achieving those objectives
6.2. Organizing- the management function that involves developing an organizational structure and allocating human resources to ensure the completion of objectives.
6.3. Leading- involves social and informal sources of influence used to inspire others to take action utilizing knowledge of personalities, values, attitudes and emotions
6.4. Controlling- involves ensuring that managerial actions do not deviate from standards by creating processes and procedures that ensure consistent behavior.
7. Economic, Social and Environmental Performance
7.1. Economic-Producing benefits for their customers accomplished through product innovation and efficent use of resources to produce some form of profit
7.2. Social- consider the interests of society by taking responsibility for the impact of their activities on customers, suppliers, employees, shareholder, etc.
8. Performance of individuals and groups
8.1. Individual level performance- that add value but are not part of a formal job description
8.1.1. Organizational Citizenship Behavior (OCBs)- voluntary behaviors employees preform to help others and benefit the organization
8.2. Group Level Preformance- focusus on both the outcomes and process of collections of individual or groups
8.2.1. Team- a cohesive coalition of people working together to achieve mutual goals