Chp 7 Management and Leadership – Functions

management
the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources
functions of management
1) Planning
2) Organizing
3) Leading
4) Controlling
planning
a management function that includes anticipating trends and determining the best strategies and tactics to achieve organizational goals and objectives
organizing
a management function that includes designing the structure of the organization and creating conditions and systems in which everyone and everything work together to achieve the organizations goals and objectives
leading
creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organization’s goals and objectives
controlling
a management function that involves establishing clear standards to determine whether or not an organization is progressing toward its goals and objectives, rewarding people for doing a good job, and taking corrective action if they are not
vision
an encompassing explanation of why the organization exists and where it’s trying to head
mission statement
an outline of the fundamental purposes of an organization
goals
the broad, long-term accomplishments an organization wishes to attain
objectives
specific, short-term statements detailing how to achieve the organization’s goals
SWOT analysis
a planning tool used to analyze an organization’s Strengths, Weaknesses, Opportunities, and Threats.
strategic planning
the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals
tactical planning
the process of developing detailed, short term statements about what is to be done, who is to do it, and how it is to be done
operational planning
the process of setting work standards and schedules necessary to implement the company’s tactical objectives
contingency planning
the process of preparing alternative courses of action that may be used if the primary plans don’t achieve the organization’s objectives
decision-making
choosing amonge 2 or more alternatives
problem solving
the process of solving the everyday problems that occur. problem solving is less formal than decision making and usually calls for quicker action
brainstorming
coming up with as many solutions to a problem as possible in a short period of time with no censoring of ideas
PMI
Pluses Minuses Implications
7 steps of decision-making
1) Define the situation 2) Describe/collect information 3) Develop alternatives 4) Develop agreement among those involved 5) Decide which alternative is best 6) Do what is indicated 7) Determine whether the decision was good one, follow up