Principles of Management

What is management?

Is a form of work that involves deciding the best way to use an organization's resources to produce goods or provide services. The basic activities of managers include planning, organizing, staffing, leading and controlling. Management must make good decisions, communicate well with people, make work assignments (=Anweisungen), motivate People.

Levels of Management

Senior Manager (e.g. CEO, COO)

Senior has several important functions. It established the goals for the organization. It decides what actions are necessary to meet those goals. It decides how to use the organization's resources. Senior manager are not involved in the company's day-to-day problems.

Middle Management (e.g. Departement head, Sales Manager)

Middle management is responsible for meeting the goals that senior management sets. They decide what the employees in each area must do to meet the goals.

Supervisory Management( e.g. Foreperson, Crew leader)

Supervisory manager make sure that the day-to-day operations of the organization run smoothly.

Management Roles

Interpersonal roles: is a manager relationship with people.

Information-related roles: a manager provides knowledge to the employees. He is holding meetings to let the employees know about important business activities.

Decision-making roles: Are those a manager plays when making changes in policies, resolving conflicts or deciding how best to use resources.

Management Tasks

1. Planninga manager decides on goals and the actions the organization must take to meet them.

2. OrganizingIn a company there are many ideas and different ways, how to solve problems. The manager has to plan in a systematic way

3. Staffinga manager decides how many and what kind of people and organization needs to meet its goals and then selects the right people.

4. Leadinga manager provides the guidance employees need to perform their tasks. This helps ensure that organizational goals are met. Regular staff meetings where employees can ask questions.

5. Controllinga manager measures how the organization performs to ensure that financial goals are being met and makes changes if financial standards are not being met.

Management Skills

1. Conceptual skills:

Involve understanding the relationship of the parts of a business to another