MAN2021 Clark by Cici Clark

Management Overview (1)

cieyannac — 2023-08-21 21:58:43 UTC

Henry Fayol (1949) identifies five functions of management: "To manage is to forecast and plan, to organize, to command, to coordinate, and to control. To foresee and provide means examining the future and drawing up the plan of action. To organize means building up the dual structure, material and human, of the undertaking. To command means maintaining activity among the personnel. To coordinate means binding together, unifying, and harmonizing all activity and effort. To control means seeing that everything occurs in conformity with established rule and expressed command.”

Today, the key functions of management are considered to be: Planning, Organizing, Leading, and Controlling.

Management Overview (1)

cieyannac — 2023-08-21 22:05:50 UTC

Management as people are the people with the responsibility and authority to determine the overall direction of an organization & are often referred to as the management of the organization.

Management as a process is the decision making and planning that is required before actions are taken. Defining the goals of the organization, planning the actions to meet the goals, and organizing the resources needed to carry out the actions are all vital functions of management.

Ethics and Corporate Social Responsibility (2)

cieyannac — 2023-08-21 22:20:14 UTC

ARTIFACT^

Corporate social responsibility (CSR), is a business concept in which social and environmental concerns are integrated into a company’s operations.

Ethics and Corporate Social Responsibility (2)

cieyannac — 2023-08-21 22:31:44 UTC

Business ethics is ethics as it relates to the conduct or behavior of the members of a business organization.

In order for a business to have ethics there needs to be ethical training and compliance guidelines (code of ethics) everyone needs to follow, as well as protecting an whistle blower and creating a culture that represents the code of ethics

Artifact (2)

cieyannac — 2023-08-21 22:38:24 UTC

Since I am very big on saving the planet I will be able to make more of a difference now knowing what CSR is, where to look and how it directly impacts the overall environment which will help me future when making purchases or using services like google and investing in companies.

Ben and Jerrys is one of my favorite ice cream brands and knowing they donate $0.05 per 1lb sold is more of an incentive to make more purchases.

Artifact (2)

cieyannac — 2023-08-21 22:47:55 UTC

In module two we discussed ethics, CSR, and culture. Upon reading I learned more about ethics and how whistleblowers are to be protected under the Sarbanes-Oxley Act. Learning about the Sarbanes-Oxley Act set a new tone of relief as I work for a fortune 500 company who has an whistle line blower but I wasn't to sure of how protected it is until the reading.

Introduction to Planning (4)

cieyannac — 2023-08-21 23:16:24 UTC

You may wonder just how you go about analyzing the total external environment that would affect your buisiness.

PESTEL or PEST is an organizing framework that allows decision makers to understand and make connections with a mass of information and examines six key macro-environmental factors in order to understand their interactions with the organization.

Artifact(3)

cieyannac — 2023-08-22 00:36:06 UTC

In this section of of module 3 I really gained some insight in what it takes to establish a well rounded foundation for a global organization. To me this information is valuable when having the desire to turn a a corporation into a global organization. Although I don't have any current plans to start a business soon I do intend to have my own real estate investment firm in the future and now know some of the key factors of what it takes to turn my business into a global organization.

Decision Making (4)

cieyannac — 2023-08-22 00:52:42 UTC

Making the right decision is hard. When making decisions, you will face many barriers, including the quality of information you have, the amount of time allowed, and several cognitive biases that will influence your decisions

There are different methods to decision making like The Rational Decision-Making Process, and a Decision Tree. I like the decision tree for its simplicity as well as its variances. Not only are you able to make decisions and determine possibilities you can also factor in cost.

Organizational Structure and Processes (5)

cieyannac — 2023-08-22 01:16:09 UTC

Edgar Schein, a prominent organizational psychologist, identified four key elements of an organization’s structure: common purpose, coordinated effort, division of labor, and hierarchy of authority.

There are many organizational structures for a company determining causes for an organizational design. The environmental forces to consider are external and internal. After determining which structure to use you can then use Larry Greiner’s model of growth to determine to evaluate the business life cycle.

Artifact (1)

cieyannac — 2023-08-22 01:38:47 UTC

Although Henry Fayol's five functions of management are to manage company's I believe these key factors are always great to have when managing your own life and it is a great way to try to keep yourself on tract. I find myself using the key functions at work when managing my work day.

Planning: checking for online scheduled appointments, and scheduling a lunch when fitting
Organizing: making sure all clients info and documents is readily available, and confirming appointments
Leading: Communicating with my collogues about my schedule
Controlling: setting the standard by being professional courteous and following my company's 5 keys.

Artifact(4)

cieyannac — 2023-08-22 01:58:57 UTC

I found this video extremely insightful on SWOT and PESTEL analysis and liked the analogies of internal and external factors.

Artifact(4)

cieyannac — 2023-08-22 02:05:35 UTC

Here's an example of a decision tree. This decision tree on where to vacation is a perfect example how you can make big decisions in your every day life.

Artifact(5)

cieyannac — 2023-08-22 02:19:25 UTC

This video gives great imagery on design organization and does well connecting each aspect.

Managing Human Resources (6)

cieyannac — 2023-08-22 02:27:47 UTC

Managing employee conflicts and legal issues is only part of HR’s function. Human resources management can also play an important role in strategic planning and company growth.
HR managers are also concerned with diversity in the workplace. In a global economy, employing a diverse workforce and celebrating multiculturalism can create or strengthen an organization’s competitive advantage.

Artifact(6)

cieyannac — 2023-08-22 02:32:43 UTC

I found this article interesting because it gave a perspective of the issues HR was facing in1981 and you're able to compare and see where we are now and how we conduct in business.

Managing Human Resources (6)

cieyannac — 2023-08-22 02:39:28 UTC

A contingent worker does not earn a salary from the employer. Instead, they receive payment per hour worked or commissions for the work they complete. Part time employees who supplement the company's full-time staff get an hourly pay rate and receive payment on a set schedule.

Artifact(6)

cieyannac — 2023-08-22 02:41:40 UTC

I find this photograph interesting because it is a marketing strategy towards contingent and part time workers.

Leadership(7)

cieyannac — 2023-08-22 02:44:23 UTC

Leaders take the long-term view and have responsibility for where a team or organization is heading and what it achieves. They challenge the status quo, make change happen, and work to develop the capabilities of people to contribute to achieving their shared goals.

Artifact(7)

cieyannac — 2023-08-22 02:47:45 UTC

This article list of the some of the best leaders in business around the world and how they make a difference by doing so.

Motivation (7)

cieyannac — 2023-08-22 02:51:11 UTC

Motivation is a key factor impacting performance, so it’s an important concept for leaders to grasp. Employee motivation is of great concern to any organization and it is one of the most frequently researched topics in management.

Several motivational theories state that employee performance and satisfaction is based on how well the company meets the needs of the employee. There are four major theories in the needs-based category:

Abraham Maslow’s Hierarchy of Needs
Frederick Herzberg’s Two‑Factor theory
Clayton Alderfer’s Existence‑Relatedness‑Growth (ERG) theory
David McClelland’s Acquired Needs theory

Artifact (7)

cieyannac — 2023-08-22 02:57:33 UTC

This gives a real life scenario of Maslow's Hierarchy of needs demonstrating why motivation is important.

Controlling Performance and Operations (8)

cieyannac — 2023-08-22 03:00:24 UTC

Managers must consistently update performance reports to monitor progress and measure operational success.

Employee performance evaluations should be done on a quarterly, semi-annual, or annual basis. This ensures that everyone in the organization understands when the next evaluation will take place, gives the company regular measures of performance, and provides opportunities to take corrective action in a timely manner

Artifact(8)

cieyannac — 2023-08-22 03:04:45 UTC

Employee Evaluations is something that resonated with me because I like to have bi weekly to month check ins with my manager to make sure I'm exercising every opportunity possible. My manager is patient enough to have agreed to my biweekly-monthly meetings which overall makes feel good about my progress even if the progress is slow. This short term evaluation leads to a highly productive report when it is time for my yearly evaluation.

Controlling Performance and Operations (8)

cieyannac — 2023-08-22 03:09:56 UTC

A balanced scorecard is a semi-standardized strategic management tool used to track, monitor, update, and improve key performance indicators (KPI) within an organization.
The visual scorecard is a graphic analogy of the balanced scorecard framework and a key visual link between performance and strategy.

Artifact (8)

cieyannac — 2023-08-22 03:11:34 UTC

This Artifact gives you a visual of a balanced scorecard and its variants

Management Within a Global Organization (3)

cieyannac — 2024-04-27 21:39:18 UTC

A global organization is any organization that competes outside its native country. When companies decide to expand internationally, they have to be aware of cultural differences. There have been many examples of advertising that included images or phrases that were culturally offensive.Managers must also consider different communication practices. In some countries, direct feedback is considered impolite, and managers must be able to read subtle body language to determine if the receiver has understood and accepted the message.

Artificial 1.2

cieyannac — 2026-05-05 19:37:01 UTC