Effectively and Efficiently have the same meaning?

Get the job done with the least amount of waste / No waste:

A set of activities (including planning and decision making,

organizing, leading, and controlling) directed at an

organization’s resources (human, financial, physical, and

information) with the aim of achieving organizational goals

in an efficient and effective manner (Griffin) . Is the most useful and inclusion definition?

The process of achieving…

The process of achieving desired results through efficient

utilization of human and material resources

The process of reaching organizational goals by working

with and through people and other organizational

resources

Which one is the lowest level of management?

Tasked with managing performance of entry- level employees

Responsibilities include:

– Monitoring

– Teaching

– Short-term planning

Executives responsible for the overall direction of the organization

Responsible for creating:

– Context for change

– Long-range plans (3-5 years)

– Employee buy-in

– Positive organizational culture

-Setting objectives consistent with top management’s goals

-Planning and allocating resources to meet objectives

-Coordinating and linking divisions within a firm

-Monitoring and managing performance of subunits and managers

-Implementing strategies developed by top managers

Ability to:

• See the organization as a whole • Understand how the different parts affect each

other • Recognize how the company fits into or is

affected by its environment

Specialized

procedures, techniques, and

knowledge required to get the job

done

Ability to work

well with others

Technical skills are essential to:

Interpersonal skills are Essential at all levels of management?

Henri Fayol, the famous French mining engineer and executive, divided managerial activities into five elements: planning, organizing, command, coordination, and control

Command has become too authoritative a word in today’s participative society and has been replaced by leading, motivating, or actuating

Harold Koontz’s function of management:

involves selecting missions and objectives

and the actions to achieve them

involves establishing an intentional

structure of roles for people to fill in an enterprise

involves filling, and keeping filled, the

positions in the organizational structure.

Leading is influencing people to strive willingly

toward the achievement of organization and group

goals.

Controlling is the measuring and correcting of

activities of subordinates to not ensure that events

conform to plans

Very important