Section 1.1 PPt - Business

normaldeerManagement

Nov 20, 2013 (4 years and 1 month ago)

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BUSINESS MANAGEMENT

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World Applications & Connections

GLENCOE

Section

1.1

The Importance of Business Management

In this section:


The many changes in the business world today are creating new
challenges for people who operate, or manage, those businesses. This
section discusses:



The Business World Today



What Is Management?



Levels of Management



The Management Process



The Principles of Management



Women and Minorities in Management

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Section

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The Importance of Business Management



What You’ll Learn


What management is.


The three levels of management.


The management types.


Three types of management skills.


The principles of management.


The role of women and minorities in management.

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Section

1.1

The Importance of Business Management

Why It’s Important


To understand how businesses make decisions, you will need to
understand how management works.


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Section

1.1

The Importance of Business Management



Key Terms


management






human relations skills


senior management




technical skills


middle management




principle


supervisory management



glass ceiling


role


conceptual skills




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The Importance of Business Management



The Management Pyramid

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The Importance of Business Management

The Management Process


What a manager does can be examined in three different ways.


The tasks performed.


The roles taken on.


Type of skills required.


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The Importance of Business Management

Management Tasks


Planning


Organizing


Staffing


Leading


Controlling

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The Importance of Business Management


Relative Amount of Emphasis Placed on Each Function of
Management

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The Importance of Business Management

Management Roles


Interpersonal Roles



Information
-
Related Roles


Figurehead




Monitor


Relationship Builder



Communicator


Leader





Spokesperson



Decision
-
Making Roles


Entrepreneur


Negotiator



Disturbance Handler


Resource Director

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The Importance of Business Management

Management Skills




Conceptual Skills



Human Relations Skills



Technical Skills

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The Importance of Business Management


Mix of Skills Used at Different Levels of Management



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The Importance of Business Management

Principles of Management



A principle is a truth or law.


Management principles are rules by which managers make decisions.


Scientists proved scientific principles through controlled experiments.


Most management principles are developed through observation and deduction.


Management principles are more likely to change than specific principles.


When management principles need to be changed, it is important for a manager to be able
to change and adapt.


Arriving to work at the same time every day and wearing certain kinds of clothes to work
are examples of management principles that are changing.


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Hill

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Section

1.1

The Importance of Business Management

Women and Minorities in Management


Until the 1980’s and 90’s, managers of most large and medium
-
sized U.S. businesses were
almost exclusively white males.


Women and minorities filled primarily service, support, and menial jobs.


Management principles regarding women and minorities are changing, and they are now
serving in senior management such as CEO.


Women and minorities often face a
glass
-
ceiling


an invisible barrier that prevents them
from moving up in the world of business.


Women and minorities who are promoted can also provide more opportunities to promote
women and minorities.


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The Importance of Business Management

Fact and Idea Review



1. How have changes in modern business created challenges for managers?


2. Which management level is responsible for:

a.

Establishing a business partnership?

b.

Resolving disputes between employees?

c.

Designing a plan to meet a company goal?


Cont.


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Section

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The Importance of Business Management

Fact and Idea Review cont.


3. Which role does a manager fill when resolving a dispute? Or when holding a
staff meeting?


4. List the three types of management skills and explain why each is important.


5. Can a management principle be proven just like a scientific principle?
Explain.