The changing world of management
Lecture overview
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Why innovation matters
Current challenges for managers
Managers who make a difference
The definition of management
The four management functions
Organisational performance
Management skills
When skills fail
Management types
Lecture overview
• What is it like to be a manager?
• Managing in small businesses and not-for-profit organisations • Management and the new workplace
• Turbulent times: managing crisis and unexpected events
• Australia’s managers: improving from a low base • Sustainable development: now a core issue for managers Why innovation matters
• For sustainable development
– To keep a competitive edge
– Innovation in products, services, management systems, production processes. Corporate values and other aspects
• Without innovation a company will NOT survive http
://www.youtube.com/watch?v=wRDnTVg-A6I
Current challenges for managers
• Challenges for government
– Three levels: federal, state and municipal
– Managerial and policy challenges
• Challenges for business
– Local and global
– Large and small firms
• Challenges for individual employees
– Skills; job insecurity; careers
Managers who make a difference
• The management revolution
– Guide through turbulence.
– Expect the unexpected.
– Embrace change.
– Create vision and cultural values.
– Foster a collaborative workplace.
The definition of management
‘Management is the attainment of organisational goals in an effective and efficient manner through planning, organising, leading and controlling organisational resources’
(Samson and Daft, 2012: 10).
Management functions
The four management functions
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Planning
Organising
Leading
Controlling
The four management functions
• Planning
– Defining goals for future organisational performance and deciding on the tasks and use of resources needed to attain them.
• Organising
– Assigning tasks, grouping of tasks into departments and allocating resources