achieving organizational goals in an efficient and effective manner. Management can also be defined as the process of designing and maintaining an environment in which individuals‚ working together in groups‚ efficiently accomplish selected aims (Koontz and Weihrich 1990). From the time human beings began forming social organizations to accomplish aims and objectives they could not accomplish as individuals‚ managing has been essential to ensure the coordination of individual efforts. As society
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organisational function and a set of processes for creating‚ communicating and delivering value to customers and for managing customer relationships in ways that benefit the organisation and its stakeholders." Definition of Management According to Harold Koontz‚ "Management is the art of getting things done through and with people in formally organised groups." Management consists of the interlocking functions of creating corporate policy and organising‚ planning‚ controlling‚ directing an organisation’s
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and developing appropriate courses of action to achieve these objectives. Planning Definition "Planning bridges the gap from where we are to where we want to go. It makes it possible for things to occur which would not otherwise happen" - Koontz and O’Donnel. Importance of Planning Planning provides directions Planning reduces the risks of uncertainty Planning reduces overlapping and wasteful activities Planning promotes innovative ideas Planning facilitates decision making Planning
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Frisch‚ R Gorelick‚ D. (2005). Are incentives always incentives? American Printer‚ 28 (5)‚ 54-57. Institute of Management & Administration (2007). What programs motivate employees without costing much money? Report on Salary Surveys‚ 1-6. Izzo‚ J Koontz‚ K. (2006). Six ways to motivate your staff. Sourcebook‚ 23-24. Lamb‚ G. (2003). A guide to personal finance‚ consumer trends‚ and the workplace. Christian Science Monitor‚ 95 (76)‚ 15-18. Mariotto‚ D. (2002). ESOP‚ meet 401(k). California CPA‚ 71
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Bibliography: Balbierz‚ A.N. (n.d.). Infant Mortality. Retrieved March 29‚ 2010‚ from http://www.cwru.edu/med/epidbio/mphp439/Infant_Mortality.htm Buckely‚ K.A.‚ Koontz‚ A.M.‚ & Casey‚ S. (1998). Fetal and Immortality Review. Retrieved March 29‚ 2010‚ from http://www.acog.org/departments/dept_notice.cfm?recno=10&bulletin=4752 International Medical News Group. (2004). Top five causes for infant mortality. OB/GYN
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present century‚ certain schools of management thought have developed. Each school reflects the problems of the period during which they were popular. Herold Koontz was the first who have attempted to classify the various approaches on the management in the schools of management theory. Based on the writings of some of the scholars and Koontz‚ the management thoughts‚ have been classified in the following schools of management theory. a) Management Process School: This school developed in France
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of profits and dividends (Koontz and O’Donnell‚ 1955‚ p23). Fayol wrote as a practical man of business reflecting on his long managerial career and setting down the principles which he had most frequently applied into the fourteen principles of management (Fayol‚ 1949‚ p52). One must note that the principles of management are like guidelines to refer to rather than rules which must be enforced. He also identifies five elements of management that all managers perform (Koontz and O’Donnell‚ 1955‚ p24)
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10th ed.‚ Prentice Hall‚ ISBN 0-13-100069-1‚ New Jersy 3. Robbins‚ S.P.(1992). Bitni elementi organizacijskog ponašanja‚ Mate‚ ISBN 953-6070-30-8‚ Zagreb 4. Rouse‚ M. J.‚ Rouse‚ S. (2005). Poslovne komunikacije‚ Masmedia‚ Zagreb 5. Weihrich‚ H.‚ Koontz‚ H. (1994). Menedžment‚ Mate‚ ISBN 953-607008-1 ‚ Zagreb 6. http://web.efzg.hr/RePEc/pdf/Clanak%2006-01.pdf Pristup: (1502.2009) 42
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2009‚ p.45). Organisational behaviour Theory Behavioural management is the study of how managers should behave in order to motivate employees and encourage them to perform at high levels and be committed to the achievement of organisational goals (Koontz‚ 1999‚ p.183). This theory promoted team work mode‚ two-way communication however it includes drawbacks for instance this theory was used as a tool to manipulate workers‚ it lacks management involvement and the theory does not contribute to organisational
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Failed Question 1: If I were to consult with the HTE board of director soon after Harold started making changes‚ I would advise them‚ regarding the transformational perspective‚ to follow carefully how Harold is implementing these. In fact‚ to benefit from those changes and achieve Harold’s goal‚ the board of director should encourage him to adopt a transformational leadership. First of all‚ to be such a leader‚ Harold would have to be an example in the company. As a leader‚ he should inspire trust
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