Chapter 7

Mattie Adderhold

Management

There are four different functions of management: planning, organizing, leading, and controlling.

Planning- the act or process of creating goals and objectives as well as the strategies to meet them.

Organizing- getting the recourses arranged in an orderly and functional way to accomplish goals and objectives.

Leading- providing direction and vision

Controlling- keeping the company on track and making sure goals are met.



3 Types:

Top-level manager- responsible for setting goals and planning for the future as well as leading and controlling the work of others.

Middle manager- carries out the decisions of top management. Responsible for various departments such as marketing, production, and accounting departments. Also responsible for leading and controlling the work of others.

Operational manager- responsible for the daily operations of a business. Supervisors, office managers, and crew leaders are all types of operational managers. They do some planning and organizing. However, their main duties include over-seeing workers and meeting deadlines.

Managerial Structures

Managerial structures are used to show the authority levels in management. There are different types of these.

Line authority is one. In this structure managers on one level are in charge of those beneath them. An advantage to this is that authority is clearly defined; no confusion. Another one is line and staff authority, which shows the direct line of authority (indicated by solid lines) as well as staff who advise the line personnel (indicated by dotted lines).

A centralized organization puts authority in one place with top management. This helps managers throughout the firm to be consistent making a decision making. The last one is called decentralized organization which gives authority to a number of different managers.

Being a Manager

To be a SUCCESSFUL manager, there are some skills you'll need to possess. Managers are usually task-oriented, meaning that they can handle many tasks at the same time. A manager also needs to be able to work under pressure and solve many problems. Good problem-solving skills and time management are VERY important to being a successful manager. Managers need to know how to communicate with others very well. They deal with coworkers with authority over them and under them, customers, and other businesses all the time. Managers deal with people every day and all day. This being said they also need to know how to handle people and deal with them on a daily basis. They also need to have knowledge about the technical aspects of their business.
The pros and cons, or advantages and disadvantages to being a manager:


PROS- They usually earn more money than employees that aren't managers, if you are respected as a manager you will build prestige, they have some influence and authority over other employees, they also gain more control over their time as manager.

CONS- Managers are often blamed when things go wrong even if it isn't necessarily their fault, their mistakes can be very costly so they are under a lot of pressure to make the right decision for the business.

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I think I'd make a great manager. I like to be in control and distribute my own ideas. I would enjoy being able to organize and plan something and see it be put into action. I have leadership skills and I love people. Being around and meeting new people is one of my favorite things to do, so I think I'd be good at being manager considering the qualities I have.