Essential Standard 2.00. Understand business organization and management. Objective 2.02. Understand leadership and management. Topics. Management Leadership Human Resource Management. Management. Management. What is the role of a manager?
business organization and management.
leadership and management.
What is the role of a manager?
Managers are responsible for management of a business to accomplish goals by effectively using people and other resources.
Describe the five functions of management:
To analyze information, set goals based on information, and make decisions to accomplish the goals
To arrange resources in order to accomplish the goals of the business
To obtain, train, and compensate employees to accomplish the goals of the business
To direct and lead people to accomplish the goals of the business
To determine whether a business is accomplishing its goals that were set in the planning stage.
What are the different levels of management?
Management by others
Describe each level:
Executives who are responsible for the overall direction of the business
Specialists responsible for a specific part of the business
First level of management in the business
Responsible for the routine work of employees
Management by others
Other employees who are not managers, may serve as leaders for a group of employees
What is management style?
The way a manager directs employees to accomplish the goals of the business.
Describe the different types of management styles:
Directed and controlling
Typically, use for inexperienced employees or during a crisis
Less directed with employees helping with decision making
Typically, used with trusted and/or experienced employees
Combination of both tactical and strategic
What is leadership?
The ability to motivate others to effectively accomplish goals of the business.
What characteristics to a good leader possess?
(Have students name these. The entire list is on the next slide.)
What are the different styles of leadership?
What is an autocratic leader?
Used when a leader needs to give direct, clear, and precise orders and makes decisions
Situations to use style:
During an emergency
To direct the work of inexperienced employees
What is a democratic leader?
one who includes employees in making decisions
Situations to use style:
To monitor quality of work of employees
To direct the work of employees working as a team
What is an open or Laissez-fare leader?
one who gives little or no direction to employees
Situation to use style:
To monitor achievements and communicate regularly with employees
To direct the work of experienced and trained employees
What is the role of human resources managers?
Human resources managers uses the management process of managing employees who collectively contribute to the achievement of the objectives of the business.
What are the functions of human resources management? What is included in each function of human resource management?
The functions of human resources management:
Planning and staffing – includes planning and job analysis, recruiting and hiring
Managing compensation and benefits – includes compensation methods and employee benefits
Managing performance of employees – includes employee evaluation and promotions, transfers, and termination.
What are the two main parts of planning and job analysis?
Classification of employees and determining job requirements.
How can employees be classified?
Long term commitment
Hired for a specific time/job
30 or more hours per week (usually 40+ hours)
Short work week
How does a human resource manager determine job requirements?
The use of job analysis to determine all the duties for a particular job
What are the two main parts of recruiting and hiring employees? The application process and new employee orientation.
What is included in the application process?
Checking references of applicants
Making a job offer to applicants
What is included in new employee orientation?
Possible probationary period
What are the two main parts of managing compensations and benefits? Determining compensation type and benefits
What are the different types of compensation?
Time Wage – Direct payment per hour
Salary – Direct payment per week, bi-weekly, or monthly
Commission – Percentage of sales
Piece Rate – Payment per unit produced
Base plus incentive – Direct payment plus performance based pay
What are some employee benefits that may be available?
Other items given to employee for working. For example, health insurance, vacation time, sick time, dental insurance, etc.
What are the two main parts of managing performance of employees? Employee evaluation and employee movement within the company (promotion, transfer, or termination)
What is included in employee evaluation?
Objective evaluations of employees’ quality of work. Managers and employees are trained on evaluation procedures. Identifies strengths and weaknesses. Post-conference tells employee the results.
How may an employee transition throughout the company?
Advancement of an employee to a position with greater responsibility
Assignment of the employee to a job in another area with similar responsibility
Ends employment relationship