Week 1: The Study of Management – It Benefits You Personally and CAN Be Fun
Google “the study of management” and you’ll find a definition like this one:
The study of management provides future business leaders with a sound working knowledge of policies, procedures and practices that govern business and social operations and, in turn, allows them to understand and control organizational growth. Management study includes an exploration of policies and practices as they relate to corporate growth.
Fair enough, but there is so much more. I promise you, if you take this study to heart you, too, will find yourself a better manager of most anything you set out to do – including “becoming my best self,” a lifelong effort. After years of management practice, 8 of them as CEO, I’m here to tell you that self-organization and commitment will help you succeed anywhere you want to be, as you help others become their best selves. To me, that’s always been the basis of management.
This week we examine questions like:
- What is a good manager? What’s a bad one?
- How did the idea of management come into being, and how has it changed?
- What can we take from history as good practice, and what must be adapted as the workforce changes?
Important note: Read your text. Your text is the basis of quizzes and tests. I cannot cover all the readings as assigned to you on the syllabus in class – to do so would ensure a very boring class (and believe me, I’ve tried!) I like engaging classes, so please avail yourself of the multiple copies of your text in the library or rent or buy an edition of the text. And by the way – the page numbers may be “off” a bit on older editions. I cannot be a page number expert. So, read what follows the syllabus in terms of topic and come in ready to discuss. I look forward to meeting you.
Week 1 - Slides and Resources + Study Direction
By week's end, make understanding the following your goal:
What is management?
Know the definition of management
Compare and contrast efficiency versus effectiveness
Understand how planning, organizing, leading, and controlling of human resources contribute to management. Be ready to discuss why Mintzberg's view that the characterization of management as simply "planning, organizing, leading, and controlling" is not sufficient.
Understand the differences between supervisors or first-line managers, middle managers, and top managers.
Understand the challenges that management is facing in recent years
Increasing global competition and its influence on management practices:
- Restructuring & outsourcing
- Empowerment & self-managed teams
- Building competitive advantage
- Maintaining ethical and socially responsible standards
- Managing a diverse workforce
- Utilizing IT and e-commerce
Bonus: Develop Management Skills: Create Ensembles, Not Teams - A Corporate Management Training Example