CHARTERED MANAGEMENT INSTITUTE LEVEL 5 DIPLOMA IN MANAGEMENT AND LEADERSHIP Darlington College UNIT 5003 MANAGING PERFORMANCE “Don ’t lower your expectations to meet your performance. Raise your level of performance to meet your expectations.” Ralph Marston There is no single good or best way of conducting performance management. But the overriding principle is that good performance management is equated with good management. It is about ensuring that managers manage effectively‚ that they
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Leading and managing: it takes two to tango A great start to better understand leading versus managing is to define what each term means. Although they are two closely related terms‚ they are not always congruent or changeable with one another. My idea of management places it as a subordinate to leadership but it is important to add that leadership cannot work well without correct management. Leaders should be considered pioneers or the head honchos of an organization. Alternatively‚ managers
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Managing Teams Work team- Jhon & Duglus Define as “work team as small number of people ‚with complementary skills who are committed to a common purpose‚ performance‚ goals &approach for which they hold themselves mutually accountable. Benefits- Improved decision making Improved performance Improved quality Increase flexibility Reduced labour cost Lower employee turnover Greater service efficiency Facilitation of change Characteristics- Small size Dedication to common
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CMEC01 12/8/06 8:50 Page 1 Chapter 1 Managers and Managing LEARNING OBJECTIVES After studying this chapter‚ you should be able to: ✓ Describe what management is‚ why management is important‚ what managers do‚ and how managers utilise organisational resources efficiently and effectively to achieve organisational goals. ✓ Distinguish among planning‚ organising‚ leading and controlling (the four principal managerial functions)‚ and explain how managers’ ability to handle each one can affect
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Various literatures indicate that managing diversity within today’s labor force has become a primary concern for companies and organizations today. According to the Bureau of Labor Statistics (2012)‚ compared with the labor force of past decades‚ today’s labor force is older‚ more racially and ethnically diverse‚ and composed of more women. Over the next decade‚ the labor force will become even more racially and ethnically diverse (Bureau of Labor Statistics‚ 2012). Non-Hispanic whites made up
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Managing Business 1.1 Describe the structure and culture of the company and evaluate the inter-relationships between the different process and functions. Answer: Understanding the Structure In a small business‚ employees learn whether the organizational structure provides a stable culture for everyone. For example‚ if a business owner sets up the wrong kind of structure‚ the results can be ineffective communication and slow work processes. A business owner can improve the company culture by
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Managing a redundancy process A Guest Article by Richard Linskell November 2007 www.tcii.co.uk Building Profitable Business Managing a redundancy process A Guest Article by Richard Linskell for TCii Management Consultants Impact of the credit crunch As a result of the recent credit crunch‚ many sectors are already starting to notice a downturn in business‚ or at least more difficult trading conditions. This may‚ in due course‚ impact on profits‚ leading many businesses to consider
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Leading Innovation and Change Managing Innovation Managing Innovation Innovation is important to every organization in order to successfully gain better market shares‚ customer loyalty and more investments. Unfortunately‚ not all succeeds in innovating effectively‚ and most organizations struggle with it. According to Peters and Waterman (O’Sullivan‚ 2009‚ p. 38) in their book In Search of Excellence‚ firms who transform‚ adjust‚ responds to the shift in market’s needs and continuously
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The conflict Outline The cold war sparks when Mr. Hodge‚ the manager of the laboratory‚ started to put his nose on Franklin’s division and created the conflict. Hodge‚ is an ambitious and selfish man which concerns his own good‚ thus‚ he tried to persuade Franklin‚ as the manager of the utility turbine division‚ to make him a part of his job to make the decision of the final material that would be used‚ and increased his territory of authority. On the other hand‚ Franklin did not feel the least
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need three basic and important skills: technical‚ human and conceptual. What is more‚ these three skills are relatively essential to managers who are at different levels that include first-line‚ middle‚ top management positions. There will be a discussion about the importance of conceptual skills that are needed by all managers at all levels‚ especially by top level of managers. The purpose of this essay is to identify and discuss the importance of conceptual skills that top managers are required
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