Who Are Managers?: Understanding the role and nature of a manager's work is essential for comprehending management principles.
Importance of Leadership, Entrepreneurship, and Strategy: These elements are critical for effective management and achieving organizational goals.
P-O-L-C Framework: The main framework for management, which stands for Planning, Organizing, Leading, and Controlling.
Economic, Social, and Environmental Performance: Management involves balancing these aspects for sustainable performance.
Individual and Group Performance: Understanding how performance can vary at different organizational levels.
Survivor’s Guide to Management: Developing personal principles for management.
Management Fundamentals
Definition of Management: Described as the art of getting things done through the efforts of other people.
Principles of Management: Defined activities that plan, organize, and control operations of various elements (people, materials, machines, etc.) to achieve organizational objectives.
P-O-L-C Framework: A key framework in management, introduced by Henri Fayol, which remains dominant today.
Planning: Developing strategies to reach objectives.
Organizing: Allocating resources effectively.
Leading: Guiding and motivating employees to meet organizational goals.
Controlling: Monitoring progress and making necessary adjustments.
Management Roles
Managers in Organizations: Responsible for various functions such as budgeting, designing, selling, etc.
Role of Managers: Involves planning, organizing, and controlling within an organization.
Managerial Tasks: Not all tasks performed by managers are managerial; some involve personal duties.
Consultants as Managers: Even independent consultants function as managers when getting things done through others.
Historical Context
Mary Parker Follett: An influential figure in management theory, introduced concepts such as conflict resolution and leadership tasks.
Henri Fayol: Credited with the development of the P-O-L-C framework, a cornerstone of management practices.