Week1 - Introduction To Management
Week1 - Introduction To Management
Week1 - Introduction To Management
Management
Module 1: Introduction to Management
Module Learning Outcomes
• Who makes the difficult decisions that result in the success or failure of the organization?
• How do organizations survive in world where conditions are constantly changing?
• Do you think making good business choices is an art or a science?
What is Management?
Now that we’ve discussed the four functions of management, let’s take a minute to reflect on
why it can be hard to motivate employees when big changes come into play.
What are some factors that cause employees to become resistant to change?
Types of Managers and Their Roles
Vertical Management
• Top Managers
• Voice of organization
• Hard to separate personal aspects from corporate positions
• Middle Managers
• Determines what information can be shared
• Weighs informational value to decide what to send to top management
• First-Line Managers
• Evaluates work and helping employees contribute
Decisional Roles
• Resource allocator
• Depending on whether decisions affect whole company or not
“People are definitely a company’s greatest asset. It doesn’t make any difference
whether the company’s product is cars or cosmetics. A company is only as good
as the people it keeps.” – Mary Kay Ash
How can managers leverage their employees to achieve a true competitive advantage?
Quick Review