RWANDA TOURISM UNIVERSITY COLLEGE ( RTUC ) Department of Business Information Technology Academic Year 2014-2015 Prepared by :MrBIKORIMANA M. Joseph Kigali‚ January 2014 I. Basic Information about Instructor and course Instructor:Mr BIKORIMANA M. Joseph Degrees:MBA –Accounting and MBA-Management Course c0de:Course Name: Principles of Management Course period: 2014-2015Academic Hrs :42Hrs II. Description of aims This course of Principles
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PLANNING IN AN ORGANIZATION Marilyn Dayacus Rosanna A. Patron Jovylyn C. Digno Management Policy Formulation August 2013 PLANNING We must plan for the future‚ because people who stay in the present will remain in the past. Abraham Lincoln What is Planning? What is Planning? In Psychological aspects: • Planning is one of the executive functions of the brain‚ encompassing the neurological processes involved in the formulation‚ evaluation and selection of a sequence of thoughts and actions to
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Others were of the old authoritarian school.; the managers here didn’t seem to be growing or developing; there were some problems with the existing management assessment and development system and it needed to be changed. Managers still were using a MBO-type system that had been replaced in the U.S. some time ago. Lancaster believed strongly in ADP and had seen it change the management and culture of Black & Decker in the U.S. He also knew that 360。Feedback might not be universally embraced because
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of using goals to motivate people rather than to control them. Today‚ no introduction to basic management concepts would be complete without a discussion of MBO. MBO’s appeal undoubtedly lies in its emphasis on converting overall organizational objectives into specific objectives for organizational units and individual members. MBO operationalizes the concept of objectives by devising a process by which objectives cascade down through the organization. The organization’s overall objectives
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expansion of its facilities. President Robert Delgado has personally asked them to raise the standard of employee performance as well as setting goals that are not easily attainable. MBO is being implemented by John Givens and Hilda Hirsh to identify key standards with which to control performance. 3 year ago‚ MBO is implemented for the purpose of evaluating department managers‚ sales engineer and consumer service employees. Situation During the past year however‚ a significant amount of dissatisfaction
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Mary Parker Follet defined management as ‘the art of getting things done through people.’ This means that managers use their employees to perform tasks which will help achieve organisational goals without themselves performing the tasks that are managers and subordinates should fully collaborate. The management in all business and organisational activities comprises of planning‚ organizing‚ leading and controlling for the purpose of accomplishing a goal. And Mary Parker Follet is saying the subordinates
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1.Last summer Drew and Sean worked at a Desjardins call centre. Their job was to call the bank’s customers and offer them a credit card with a low interest rate. At the beginning of the summer the manager of the call centre announced that the employee who made the most calls in the next 3 months would win a two-week‚ all expenses paid sailing trip. Neither Drew nor Sean experienced an increase in motivation after hearing the announcement. They had different reasons. Drew gets motion sickness on sailing
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Evaluating Employee Performance Most companies conduct formal evaluations of every employee at least once a year. At such times‚ each employee meets individually with his or her supervisor‚ and the supervisor reviews and discusses each employee’s job performance. The supervisor often prepares and presents a written evaluation to the employee‚ and a copy of the evaluation is kept in the employee’s personnel file. The evaluation process serves a number of important purposes for both employees and
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structure drives behavior‚ and behavior drives results. A. What are the assumptions‚ structures‚ behaviors‚ and results that will likely follow from a MBO (Management By Objective) type of management philosophy? a. MBO Assumptions: Most company attempt to maximize the benefit of shareholder and put it to the first goal of organization. MBO (Manage by Objects) is the management philosophy that was generated by this goal. MBO’s primary assumptions is that managers define each individual’s major
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measures up as a candidate for a leveraged buy-out? Include information about economic references from the graphs shown in the text. What are the implications of the bond rate declining and the rand becoming stronger against the US dollar? A MBO of Meter-matic Limited (Meter-matic) was considered by the CEO his management team for mainly strategic reasons. Meter-matic did not fit into SAFREN’s strategic vision (according to Piet Malan and his management team) and was not seen as a core activity
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