Management
Management
UNIT 1 – MODULE 1
INTRODUCTION TO MANAGEMENT
© 2006 Captus Press Inc.
1
Learning About Management
Everyone knows something about management But preconceptions can block new understanding
© 2006 Captus Press Inc.
2
New understanding requires an OPEN MIND
That’s certainly one way to do it…
© 2006 Captus Press Inc. 3
© 2006 Captus Press Inc.
1
Management
Definition and Purpose of MANAGEMENT
© 2006 Captus Press Inc.
4
Management
Is responsible for planning organizing, leading and controlling all resources so that they work effectively to accomplish the organization’s purpose.
© 2006 Captus Press Inc.
5
Relationship between an Organization and its External Environment
The organization is an open system with permeable or intentionally leaky boundaries though which resources can flow.
© 2006 Captus Press Inc.
6
© 2006 Captus Press Inc.
2
Management
Basic Resource Exchange
RESOURCES IN required to just replenish those that are lost by day to day existence
ORGANIZATION
RESOURCES OUT required for organizational survival Examples include: • Salaries • Rent and Utilities • Taxes
© 2006 Captus Press Inc.
7
Including Resources Needed for Production
RESOURCES IN required to just replenish those that are lost by day to day existence RESOURCES OUT Sales of goods and services
ORGANIZATION
RESOURCES IN required for production of goods and services
© 2006 Captus Press Inc.
RESOURCES OUT required for organizational survival
8
INFORMATION
MARKETS
CULTURE
LABOUR
EXTERNAL ENVIRONMENT
SUPPLIERS TECHNOLOGY
PUBLIC INFASTRUCTURE
© 2006 Captus Press Inc.
GOVERNMENT
9
© 2006 Captus Press Inc.
3
Management
Friend or Foe?
Environmental influences are mostly neutral – indifferent to a business and uncaring about its health and welfare
© 2006 Captus Press Inc.
10
Friend or Foe?
The environment must be attracted to
UNIT 1 – MODULE 1
INTRODUCTION TO MANAGEMENT
© 2006 Captus Press Inc.
1
Learning About Management
Everyone knows something about management But preconceptions can block new understanding
© 2006 Captus Press Inc.
2
New understanding requires an OPEN MIND
That’s certainly one way to do it…
© 2006 Captus Press Inc. 3
© 2006 Captus Press Inc.
1
Management
Definition and Purpose of MANAGEMENT
© 2006 Captus Press Inc.
4
Management
Is responsible for planning organizing, leading and controlling all resources so that they work effectively to accomplish the organization’s purpose.
© 2006 Captus Press Inc.
5
Relationship between an Organization and its External Environment
The organization is an open system with permeable or intentionally leaky boundaries though which resources can flow.
© 2006 Captus Press Inc.
6
© 2006 Captus Press Inc.
2
Management
Basic Resource Exchange
RESOURCES IN required to just replenish those that are lost by day to day existence
ORGANIZATION
RESOURCES OUT required for organizational survival Examples include: • Salaries • Rent and Utilities • Taxes
© 2006 Captus Press Inc.
7
Including Resources Needed for Production
RESOURCES IN required to just replenish those that are lost by day to day existence RESOURCES OUT Sales of goods and services
ORGANIZATION
RESOURCES IN required for production of goods and services
© 2006 Captus Press Inc.
RESOURCES OUT required for organizational survival
8
INFORMATION
MARKETS
CULTURE
LABOUR
EXTERNAL ENVIRONMENT
SUPPLIERS TECHNOLOGY
PUBLIC INFASTRUCTURE
© 2006 Captus Press Inc.
GOVERNMENT
9
© 2006 Captus Press Inc.
3
Management
Friend or Foe?
Environmental influences are mostly neutral – indifferent to a business and uncaring about its health and welfare
© 2006 Captus Press Inc.
10
Friend or Foe?
The environment must be attracted to