Premium Essay

Business Understanding and Application of Management

In:

Submitted By debric1154
Words 1842
Pages 8
Business: Understanding and Application of Management
Principles of Management BUS 201
Toni Smith
November 22, 2010

This research will focus on the understanding and application of management by addressing: Describing the role of a manager in a typical organization, the three traits an individual should possess in being an effective manager, and finally how the three traits fit the four functions of management.
In order to describe the role of a manager in an organization, one must first know what a manger is, and what an organization is. A manager is a person who plans, controls, manages and directs a team of individuals. (www.blurtit.com/q360923.html[->0])
Today we talk of "managing one's boss," and of having "relationships with strategic partners, suppliers and customers." But, if partners can manage their relationships with each other, then management cannot be a one-sided, controlling activity. And, if you can manage your boss, management isn't restricted to the use of authority to control the people who report to you. Management is much more than what managers simply do to get work done through employees. Today, we can manage ourselves, our time and many other activities that don't require one to have a formal managerial role or even to manage people. This is why today, the function of management, as distinct from the role of the manager, has become everyone's business.
The truth is that the role of the "manager" is only a particular application of management, not the whole story of managing. A broader perspective avoids the negative connotations so commonly attributed to management, such as controlling and restricting people. Moreover, employee engagement, especially with respect to innovative knowledge workers, cannot become a reality until we move beyond our industrial-age definition of a manager. (McCrimmon, M..

Similar Documents

Premium Essay

Management of Human Resources

...PRIFYSGOL CYMRU: Y DRINDOD DEWI SANT School of Business, Finance and Management Ysgol Busnes, Cyllid a Rheolaeth Business Ethics and Social Responsibility SBUS6003 October 2015 – Term 5 February 2016 – Term 6 SBUS6003 Business Ethics and Social Responsibility MODULE CODE: TITLE: DATED: SBUS6003 Business Ethics and Social Responsibility 02/06/2011 LEVEL: CREDITS: 6 20 TEACHING METHODS: Lectures Workshops Independent Study JACS CODE: N200 8% 16% 76% AIM(S) • To introduce students to the particular problems and opportunities experienced in adopting or ignoring corporate social responsibility. • To develop students’ understanding of the relationship between business ethics and management decision making • To develop students understanding of sustainable business issues and how they can be managed, promoted and developed in a business context. LEARNING OUTCOMES By the end of this module students should be able to: • critically evaluate the tipple bottom line of sustainability as a key goal for business ethics; • critically evaluate the role of ethical theory in decision making in business. • critically appraise stakeholder expectation and its relationship with corporate governance and social responsibility; • research and critically analyse ethical challenges in different organisations; • investigate and critically evaluate an organisation’s management of corporate social responsibility. CONTENT ...

Words: 4128 - Pages: 17

Premium Essay

Managing Finance

...FOUNDATION DEGREE IN HUMAN RESOURCE MANAGEMENT HRM IN A BUSINESS CONTEXT ORGB50178 Contents Module Descriptor Assignment Brief Submission Feedback Sheet Contact Details Explanation of Assessment Process Specific Module Guidance Module Descriptor The complete, electronic, version of the module descriptor can be found through this link; http://www.staffs.ac.uk/current/student/modules/showmodule.php?code= BSR10390-5 |Contact |Email | |VLE | |Louise Harrison |l.harrison@staffs.ac.uk | |Blackboard | Pattern of Delivery |Credits |Contact Hours | |Site |Cost Centre |Cost Centre |Subject |Subject Description |Subject % |Hesa Subject %| | | |Description | | | | | |STOKE | | | | | | | |STAFFORD | | | | | | | |TAMWORTH & LICHFIELD | | | | | | | |COLLEGE | | ...

Words: 2779 - Pages: 12

Premium Essay

Performance Management

...School of Business Human Resource Management Managing Performance Module Introduction: This Human Resource Management Pathway Module seeks to explore the Performance Management aspect of the HR Managers role – detail, depth and complexity: 1. Holistically – as a strategy which relates to every activity of the organisation set in the context of its human resources policies, culture, style and communications systems, 2. As a process that contributes to the effective management of individuals and teams to achieve high levels of organisation performance, 3. As a system through which organisations set work goals, determine performance standards, assign and evaluate work, provide performance feedback, determine training and development needs and distribute rewards. The essential content covers: * Performance Development Planning - the purpose and processes of Performance Appraisal and Performance Management. * Performance Management - the drive towards competitive advantage and the place of HRM – behavioural, performance and other outcomes. * Performance and Development – goal setting, measurement, appraisal, feedback. * Trust, Manageability and Control - Motivation, Rewards and Incentives. * HR and Line Managers – Business Strategy, Commitment, Improvement Flexibility and Quality. * International, Environmental, Ethical and Sustainability issues. LECTURE SCHEDULE: 1. Introduction –...

Words: 2995 - Pages: 12

Free Essay

Management Information Systems

...Performance, and Profits Building an information framework to ensure effective data management produces information that is true, has integrity, and can be trusted. This leads to a continuous improvement culture that can increase employee productivity, improve operational performance, and grow profitability. Karim N. Sidi and Dale A. Hutchinson L arge organizations, especially those that have grown through consolidation, mergers, and acquisitions, are often fraught with incompatible systems and data sources that are costly and difficult to manage. The systems usually do not avail efficient extraction, aggregation, and sharing of data within or across the boundaries of the business process. To address this problem, organizations can turn to an information management framework that facilitates managing raw data to create useful information that can be shared across the organization. SEPTEMBER/OCTOBER 2013 INFORMATIONMANAGEMENT 35 sist of a mix of home-grown, functionspecific applications and third-party systems built by disconnected teams without a shared reference for data definition. The solution – forethought and planning to create well-defined data standards – may appear obvious from an architectural perspective but may not be so easy to accomplish. The steps described below will help. Establish Processes, Rules, Policies Identifying the “truth” first and foremost requires that business processes, rules, and policies be clearly defined, shared, and understood inside...

Words: 2061 - Pages: 9

Premium Essay

Gujarat Technological University Syllabus for New Mba Program Effective from Academic Year 2011-12 Mba I Semester I

...in developing skills in problem solving and decision making in the financial area. Emphasis is laid on analysis and utilization of financial and accounting data for planning and control. 2. Course Duration: The course duration is of 36 sessions of 75 minutes each i.e. 45 hours. 3. Course Contents: Module No: Module Content No. of Sessions 70 Marks (External Evaluation) 17 I II Fundamentals of Accounting Basic understanding of accounting, Accounting Concepts, Conceptual framework of financial statements, Accounting Policies, Journal Entries and preparation of accounts - Trial Balance to Balance sheet and profit and loss Account, Recognition of Income and Expenses, Provisions, Contingent Liabilities Accounting Standards and Applicability: Disclosure of Accounting Policies (AS-1), Valuation of Inventories (AS-2), Depreciation Accounting (AS-6), Income Recognition & Accrual Income (AS-9), Accounting of Fixed Assets (AS-10), Accounting for Intangible Assets (AS-26), Accounting for Investments (AS-13), 7 7 17 III IV V Preparing and Understanding Financial Statements : Corporate Balance sheet, Profit and Loss Account Funds Flow Analysis, Financial Statement Analysis & Contemporary Issues Students should select a particular company and do financial analysis of the same and prepare a report and give a presentation 7 7 8 18 18 Internal Evaluation (20 marks of CEC) 4. Teaching Method: The following pedagogical tools will be used to teach this course:...

Words: 5698 - Pages: 23

Premium Essay

Tata

...PUNJAB TECHNICAL UNIVERSITY KAPURTHALA Scheme and Syllabus of Masters in Business Administration (MBA) Batch 2012 onwards By Board of Studies Business Administration Punjab Technical University Scheme of (MBA) Batch 2012 Onwards First Semester Course Code Course Title Load Allocation L T P 4 1 4 4 4 4 3 3 28 1 1 1 1 2 2 7 - Contact Hours: 36Hrs. Marks Distribution Internal 40 40 40 40 40 40 40 280 External 60 60 60 60 60 60 60 50 470 Total Marks 100 100 100 100 100 100 100 50 750 Total Marks 100 100 100 100 100 100 100 50 750 Total Marks 100 100 100 100 100 100 100 50 750 Credits MBA 101 MBA 102 MBA 103 MBA 104 MBA 105 MBA 106 * MBA 107 * MBA 108 Principles and Practices of Management Organizational Behaviour Accounting for Management Quantitative Techniques Managerial Economics Business Communication Information Technology for Management Viva Voce Total Course Title 5 5 5 5 5 5 5 2 37 Credits Second Semester Course Code Contact Hours: 34 Hrs Load Marks Distribution Allocation L T P Internal External 4 1 40 60 4 1 40 60 4 4 4 4 3 27 1 1 1 1 6 40 40 40 40 40 280 60 60 60 60 60 50 470 MBA 201 MBA 202 MBA 203 MBA 204 MBA 205 MBA 206 BTHU 101* MBA 207 Business Environment Production and Operation Management Human Resource Management Marketing Management Financial Management Research Methodology Human Values and Professional Ethics Viva Voce Total Course Title 5 5 5 5 5 5 3 2 35 Credits Third Semester Course Code Load Allocation L T P 4 1 4 4 4 4 4 3 27 1 1 1 1 1 6 Marks...

Words: 7594 - Pages: 31

Premium Essay

Liukanyan

...Contemporary Issues in Information Management BIN3010-N Block Delivery 2013 - 2014 Jim Innerd & Steve Pattinson [pic] Microsoft launches Office in the cloud Source: http://www.bbc.co.uk/news/technology-13943437 (9/9/2011) Contents Module aim 1 Module team 1 Module learning outcomes 1 Module delivery pattern 2 Learning strategy 2 Module timetable 3 Assessment strategy 4 Key texts 5 Assessment Referencing 6 Module Assessment Feedback 7 Assessment Marking Criteria & Feedback Grid 8 Module aim This module provides an insight into the development of technology, current issues and how it effects organisations. It provides students with an opportunity to explore the relationship between Information Management and the strategic formulation of technology in businesses and its implications/consequence for support of business change processes. Module team • Jim Innerd (module leader) • Steve Patterson (module tutor) Block delivery tutors: |Group |Tutor |Contact details* | |ML |J Innerd |Email: Jim.Innerd@tees.ac.uk | |MT |S Pattinson |Email: S.Pattinson@tees.ac.uk | * Please check the module VLE for a definitive list of group tutors. Module learning outcomes ...

Words: 1742 - Pages: 7

Premium Essay

Sem3

...International Business - University Assessment 100 Marks Course Content 1. Overview of the International Business Process 2. PEST factors affecting International Business 3. Government influence on trade 4. International Trade Theories 5. FDI 6. Country Evaluation and Selection 7. Collaborative Strategies 8. International Marketing 9. International Trade Agreements 10. International Trade Organizations 11. Forex 12. International HR Strategies 13. International Diplomacy Reference Text 1. International Business – Daniels and Radebough 2. International Business – Sundaram and Black 3. International Business – Roebuck and Simon 4. International Business – Charles Hill 5. International Business – Subba Rao 3.0.2 Strategic management 100 Marks Course Content 1. Strategic Management Process: Vision, Mission, Goal, Philosophy, Policies of an Organization. 2. Strategy, Strategy as planned action, Its importance, Process and advantages of planning Strategic v/s Operational Planning. 3. Decision making and problem solving, Categories of problems, Problem solving skill, Group decision making, Phases indecision making. 4. Communication, Commitment and performance, Role of the leader, Manager v/s Leader, Leadership styles. 5. Conventional Strategic Management v/s Unconventional Strategic Management, The differences, Changed Circumstance 6. Growth Accelerators: Business Web, Market Power, Learning based. 7. Management Control, Elements, Components of Management Information Systems...

Words: 13742 - Pages: 55

Free Essay

Lab 7 Risk Management in It

...------------------------------------------------- Project Project Title Transforming to an E-Business Model Purpose This project provides you an opportunity to assume a specific role in a business situation. You then apply the competencies gained in this course to develop a solution for a business problem related to an organization’s transformation to an e-business model. Learning Objectives and Outcomes You will be able to: * Gain an overall understanding of an e-business transformation capitalizing on the advent of the Internet technologies and Web applications in a specific business situation. * Summarize your understanding of implementing social networking applications into an e-business model capitalizing on the advent of Internet technologies and Web applications in a specific business situation. * Summarize your understanding of identifying risks, threats, and vulnerabilities relating to Web and social networking applications in an e-business transformation. * Identify various weaknesses in Web site applications. * Understand the life cycle of software development and how security can fit into the model. * Identify the need for Payment Card Industry Data Security Standard (PCI DSS) compliance within an organization. * Identify various open source and proprietary tools used in Web application security assessment and vulnerability scanning. * Identify the available mobile communication devices and the security risks associated with each type of...

Words: 737 - Pages: 3

Premium Essay

Change Mgnt

...|1a. Module Title: |1b. Module Code: | |Crisis, Change and Creativity in Contemporary Business |BP1BS313 | |2a. Module Scheme: |2b. Name of Programme(s): | |Undergraduate |BSc(Hons) in Business and Management | |3a. Module Leader: |3b. Location: | |Ioannis Doukas (Ph.D Candidate) |Business School | |4a. Module Status: |4b. Module Credit Rating: |4c. Module Type: | |Dedicated |20 |Core Module (Compulsory Module) | |5. Programme Stage in which module is offered: | |Year 3, Semester A | |6. Total learning hours: ...

Words: 1400 - Pages: 6

Premium Essay

Reflection

...know how to capitalize on database functionality. You will also learn how businesses, consumers, and the government use collaboration tools in the work environment, and how these tools have transformed the business processes of today’s organizations. Additionally, you will explore electronic commerce, and discuss the challenges this technology presents to businesses and their consumers. Databases, Network Applications, and E-Business OBJECTIVE: Describe how databases are used in the work environment. Resources: Ch. 4 and Technology Guide 2 of Introduction to Information Systems and Ch. 1 for Access in Microsoft® Office 2010 Content • Ch. 4: Data and Knowledge Management of Introduction to Information Systems o Managing Data • The Difficulties of Managing Data • The Data Life Cycle o The Database Approach • The Data Hierarchy • Designing the Database o Database Management Systems • The Relational Database Model • Databases in Action o Data Warehousing • Describing the Data Warehouse • Data Marts o Data Governance o Knowledge Management • Concepts and Definitions • Knowledge Management Systems • The Knowledge Management System Cycle • Technology Guide 2: Computer Software of Introduction to Information Systems o Significance of Software o Software Issues • Software Defects • Software...

Words: 610 - Pages: 3

Premium Essay

Assaignment

...SYLLABUS – UNDERGRADUATE Course Title: Management Information System Semester: Spring 2012 Instructor: Professor Tang Qingquan Sun Yat-Sen Business School, SYSU Part 1: Course/Faculty Information |Course Title & Code |Management Information System | |Class schedule |2012.9----2013.1 | |Classroom location |SYSBS East Campus | |Course Duration: |54 | |No. of credits: |3 | |Level: |[√] Bachelor Core Course |[ ] Bachelor Elective Course | |Prerequisites: | | |Instructor name: |Tang Qingquan | |Office hours |14:30-18:00 on Thursday | |Instructor’s contact info (office, |SYSBS MBA centre M408 ...

Words: 1778 - Pages: 8

Premium Essay

Brofenbrenner's Systems

...Bronfenbrenner’s Ecological Systems Theory and Applications for Management4otherwise occur. However, the analysis done by Bronfenbrenner (1994) demonstratesthat factors, such as birth weight, mother’s education, and family situation impactchildhood development. The concept of external factors influencing an individual makessense. Lastly, understanding that the time one develops in, as well as the passage of time, both influence psychological development is an important concept. Application of Ecological Systems Theory to Management Numerous approaches have utilized Ecological Systems Theory to understand phenomena observed today. One study looked at dual-earner spouses and the impacts of employment and home life (Kulik & Rayyan, 2006). Another paper assesses impacts of changes to higher education by state governments (Poch, 2005). However, a search of databases such as Emerald Insight, Business Source Complete, ABI/INFORM complete,and PsychINFO show a lack of articles correlating Ecological Systems Theory or Bronfenbrenner with either management or leadership.Instead, I believe that Bronfenbrenner’s theory is best applied in developing amanager’s understanding of individuals, actions, and interactions. In particular,understanding the mesosystem and exosystem can benefit managers throughunderstanding sources of employee satisfaction or dissatisfaction. Kulik and Rayyan(2006) show in their research, that there is a correlation between job satisfaction, homesatisfaction, and spousal...

Words: 749 - Pages: 3

Premium Essay

Personal Statemen

...Personal Statement This is my application to the Lingnan University, to study the BBA course. By completing my studies at associate degree, this BBA will complement and enhance my qualification. The application is supported by my CV and evidence of my qualifications, references and my eligibility to study. This will verify the information contained within this application. I am an extremely industrious student, and believe the more you put in to studying (as with all aspects of life), the more you get out of it. Studying increases knowledge, and confidence. This in turn increases curiosity, leading to further study. Since deciding I would like to complete an BBA to further my career, I have spent a great deal of time researching all of the options open to me. From my research, the Lingnan University is my first choice. I have compared this university with all the alternatives and have decided this is where I would like to study. This decision is due to the university’s good reputation in teaching, research and with their business partnerships. These business partnerships, allows their students to research real life scenarios, and to apply theories to resolve these situations. I believe it is very important to gain a BBA from a university that is well known within the business sector for their progressive and high standard of teaching and development of students. To succeed in life, you have to remain focussed on what is important to achieve the goal...

Words: 853 - Pages: 4

Premium Essay

Change Management

...The psychology of change: understanding the guiding principles of effective change management Most change management models in use today are in the form of a process or set of steps. In fact, the most effective processes or methodologies are based on research and the experiences of change management experts from years of trial and error in the field. However, the underlying lessons and principles that produced these change management processes and tools are not always clear to the practitioner (especially if you are new to the field of change management). In many cases, the guiding principles and lessons-learned are not even discussed as part of the model or tools. The result: you learn the how but not the why. The years of practical experience and knowledge that formed the basis for these processes are not readily available to a person trying to make them work in a specific situation. This new tutorial series goes beyond the activities and tasks of managing change for one simple reason: understanding the “why” makes you better at doing the “how.” Change management is not a matter of simply following steps. No two changes are exactly alike, nor are any two organizations. Following a recipe for change management is insufficient to drive business results. The right approach will be specific to the situation. If you do not understand the why behind your actions as a change management practitioner, changes can fail even when reputable change management processes are followed. ...

Words: 1907 - Pages: 8