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    #. %anagement -oles• -oles are speci(c actions or !ehaviors epected o a manager.

    • %intz!erg identi(ed 1 roles grouped around interpersonal relationships,

    the transfer of information) and decision making.

    %anagement -oles

    • Interpersonal roles

     – 'igurehead) leader) liaison

    • Inormational roles

     – %onitor) disseminator) spo+esperson

    Decisional roles

     – Entrepreneur) distur!ance handler) resource allocator) negotiator

    /. 0+ills %anagers eed

    • Technical skills

     – 2no*ledge and pro(ciency in a speci(c (eld

    • !man skills

     –

     3he a!ility to *or+ *ell *ith other people

    • Concept!al skills

     –  3he a!ility to thin+ and conceptualize a!out a!stract and comple

    situations concerning the organization

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    CHAPTER 3  GLOBAL MANAGEMENT

    1. Types of International Organizations

    • "!ltinational Corporation #"$C% & a !road term that reers to any and

    all types o international companies that maintain operations in multiplecountries.

    • "!ltidomestic Corporation & an %4 that decentralizes management

    and other decisions to the local country.

    • 'lo(al Company & an %4 that centralizes management and other

    decisions in the home country.

    • Transnational or )orderless Organization & an %4 in *hich arti(cial

    geographical !arriers are eliminated.

    &. 5ostede6s 'ive Dimensions o ational 4ulture

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    CHAPTER 7  DECIION MANAGEMENT

    1. T!e De"ision Ma#ing $ro"ess1. I%entifying a pro&le' an% %e"ision "riteria an% allo"ating (eig!ts to t!e "riteria

    ). De*eloping+ analyzing+ an% sele"ting an alternati*e t!at "an resol*e t!e pro&le'

    ,. I'ple'enting t!e sele"te% alternati*e

    -. E*alating t!e %e"ision/s effe"ti*eness

    tep 10 I%entifying a $ro&le'

     – A pro&le' &e"o'es a pro&le' (!en a 'anager &e"o'es a(are of it.

     – T!ere is pressre to sol*e t!e pro&le'.

     – T!e 'anager 'st !a*e t!e at!ority+ infor'ation+ or resor"es nee%e% to

    sol*e t!e pro&le'.

    tep )0 I%entifying De"ision Criteria

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    • De"ision "riteria are fa"tors t!at are i'portant rele*ant2 to resol*ing t!e pro&le'+

    s"! as0

     – Costs t!at (ill &e in"rre% in*est'ents re3ire%2

     –4is#s li#ely to &e en"ontere% "!an"e of failre2

     – Ot"o'es t!at are %esire% gro(t! of t!e fir'2

    tep ,0 Allo"ating 5eig!ts to t!e Criteria

    • De"ision "riteria are not of e3al i'portan"e0

     – Assigning a (eig!t to ea"! ite' pla"es t!e ite's in t!e "orre"t priority or%er

    of t!eir i'portan"e in t!e %e"ision6'a#ing pro"ess.

    tep -0 De*eloping Alternati*es

    • I%entifying *ia&le alternati*es

     – Alternati*es are liste% (it!ot e*alation2 t!at "an resol*e t!e pro&le'.

    tep 70 Analyzing Alternati*es

    • Appraising ea"! alternati*e/s strengt!s an% (ea#nesses

     – An alternati*e/s appraisal is &ase% on its a&ility to resol*e t!e isses relate% to

    t!e "riteria an% "riteria (eig!t.

    tep 80 ele"ting an Alternati*e

    • C!oosing t!e &est alternati*e

     – T!e alternati*e (it! t!e !ig!est total (eig!t is "!osen.

    tep 90 I'ple'enting t!e Alternati*e

    : $tting t!e "!osen alternati*e into a"tion

    6 Con*eying t!e %e"ision to an% gaining "o''it'ent fro' t!ose (!o (ill "arry ot t!ealternati*e

    tep ;0 E*alating De"ision Effe"ti*eness

    • T!e son%ness of t!e %e"ision is

    ). Types of %e"ision 'a#ing

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    4ational De"ision6Ma#ing

    • Rational DecisionMa!ing %es"ri&es "!oi"es t!at are logi"al an% "onsistent (!ile

    'a?i'izing *ale.

    •"ounded Rationalit# %e"ision 'a#ing t!at/s rational+ &t li'ite% &on%e%2 &y anin%i*i%al/s a&ility to pro"ess infor'ation.

    • $atisfice a""epting soltions t!at are @goo% enog!.

    Intiti*e De"ision6Ma#ing

    • Intiti*e %e"ision6 'a#ing

     – Ma#ing %e"isions on t!e &asis of e?perien"e+ feelings+ an% a""'late%

     

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    • A%aila*ilit# "ias 6 losing %e"ision6'a#ing o&

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    • $ingle-se Plan

     – A one6ti'e plan spe"ifi"ally %esigne% to 'eet t!e nee% of a ni3e sitation.

    • $tanding Plans

     – Ongoing plans t!at pro*i%e gi%an"e for a"ti*ities perfor'e% repeate%ly.

    ). Tra%itional Goal etting *s Manage'ent By O&

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    • goal spe"ifi"ity

    •  parti"ipati*e %e"ision 'a#ing

    • an e?pli"it perfor'an"ee*alation perio%

    • fee%&a"# 

    Does MBO 5or#>

    • 4eason for MBO ""ess

     – Top 'anage'ent "o''it'ent an% in*ol*e'ent

    • $otential $ro&le's (it! MBO $rogra's

     – Are less effe"ti*e in %yna'i" en*iron'ents t!at re3ire "onstant resetting of

    goals

     – O*ere'p!asis on in%i*i%al a""o'plis!'ent 'ay "reate pro&le's (it!

    tea'(or# 

     – Allo(ing t!e MBO progra' to &e"o'e an annal paper(or# s!ffle

    ,. MA4T goals

    CHAPTER . T4ATEGIC MANAGEMENT

    1. trategi" Manage'ent $ro"ess

    • tep 10 I%entifying t!e organization/s "rrent 'ission+ goals+ an% strategies

     – Mission/ a state'ent of t!e prpose of an organization

    • T!e s"ope of its pro%"ts an% ser*i"es

     – 'oals/ t!e fon%ation for frt!er planning

    • Measra&le perfor'an"e targets

    • tep )0 Doing an e?ternal analysis

     – T!e en*iron'ental s"anning of spe"ifi" an% general en*iron'ents

    • tep ,0 Doing an internal analysis

     – Assessing organizational resor"es+ "apa&ilities+ an% a"ti*ities0

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    • trengt!s "reate *ale for t!e "sto'er an% strengt!en t!e "o'petiti*e

     position of t!e fir'.

    • 5ea#nesses "an pla"e t!e fir' at a "o'petiti*e %isa%*antage.

     –Analyzing finan"ial an% p!ysi"al assets is fairly easy+ &t assessing intangi&leassets e'ployee s#ills+ "ltre+ "orporate reptation+ et".2 isn/t as si'ple.

    •  Steps 2 and 3 combined are called a SWOT analysis. (Strengths, Weaknesses,

    Opportunities, and Threats)

    • tep -0 For'lating strategies

     – De*elop an% e*alate strategi" alternati*es.

     – ele"t appropriate strategies for all le*els in t!e organization t!at pro*i%e

    relati*e a%*antage o*er "o'petitors.

     – Mat"! organizational strengt!s to en*iron'ental opportnities.

     – Corre"t (ea#nesses an% gar% against t!reats.

    • tep 70 I'ple'enting strategies

     – &m)lementation  effe"ti*ely fitting organizational str"tre an% a"ti*ities to

    t!e en*iron'ent.

     –T!e en*iron'ent %i"tates t!e "!osen strategy effe"ti*e strategyi'ple'entation re3ires an organizational str"tre 'at"!e% to its

    re3ire'ents.

    • tep 80 E*alating reslts

     – =o( effe"ti*e !a*e strategies &een>

     – 5!at a%

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    • 'ro0t( strateg# 6 a "orporate strategy t!at/s se% (!en an organization (ants to

    e?pan% t!e n'&er of 'ar#ets ser*e% or pro%"ts offere%+ t!rog! eit!er its "rrent

     &sinesses2 or ne( &sinesses2.

    • $ta*ilit# strateg# 6 a "orporate strategy in (!i"! an organization "ontines to %o

    (!at it is "rrently %oing.

    • Rene0al strateg# 6 a "orporate strategy %esigne% to a%%ress %e"lining perfor'an"e.

    -. Types of Co'petiti*e trategies• Cost Lea%ers!ip trategy

     – ee#ing to attain t!e lo(est total o*erall "osts relati*e to ot!er in%stry

    "o'petitors

    • Differentiation trategy

     – Atte'pting to "reate a ni3e an% %istin"ti*e pro%"t or ser*i"e for (!i"!

    "sto'ers (ill pay a pre'i'

    • Fo"s trategy

     – Using a "ost or %ifferentiation a%*antage to e?ploit a parti"lar 'ar#et

    seg'ent as oppose% to a larger 'ar#et

    7.

     Fi*e Co'petiti*e $orter For"es 'o%el

    • T!reat of Ne( Entrants

     – T!e ease or %iffi"lty (it! (!i"! ne( "o'petitors "an enter an in%stry

    • T!reat of &stittes

     – T!e e?tent to (!i"! s(it"!ing "osts an% &ran% loyalty affe"t t!e li#eli!oo% of

    "sto'ers a%opting s&stitte pro%"ts an% ser*i"es

    Bargaining $o(er of Byers

     – T!e %egree to (!i"! &yers !a*e t!e 'ar#et strengt! to !ol% s(ay o*er an%

    inflen"e "o'petitors in an in%stry

    • Bargaining $o(er of ppliers

     – T!e relati*e n'&er of &yers to sppliers an% t!reats fro' s&stittes an%

    ne( entrants affe"t t!e &yer6spplier relations!ip.

    • Crrent 4i*alry

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     – Intensity a'ong ri*als in"reases (!en in%stry gro(t! rates slo(+ %e'an%

    falls+ an% pro%"t pri"es %es"en%.

    8. 5OT Analysis• $OT anal#sis 6 an analysis of t!e organization/s strengt!s+ (ea#nesses+

    opportnities+ an% t!reats.

    • Resources 6 an organization/s assets t!at are se% to %e*elop+ 'anfa"tre+ an%

    %eli*er a pro%"t to its "sto'ers.

    • Ca)a*ilities 6 an organization/s s#ills an% a&ilities in %oing t!e (or# a"ti*ities nee%e%

    in its &siness.

    • $trengt(s 6 any a"ti*ities t!e organization %oes (ell or any ni3e resor"es t!at it

    !as.

    • ea!nesses 6 a"ti*ities t!e organization %oes not e?e"te (ell or nee%e% resor"es it

    %oes not possess.

    • Core com)etencies 6 t!e organization/s 'a

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    • Functional

     – Groping

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    • tr"tre

     – C!anging an organization/s str"tral "o'ponents or its str"tral %esign

    • Te"!nology

     – A%opting ne( e3ip'ent+ tools+ or operating 'et!o%s t!at %ispla"e ol% s#ills

    an% re3ire ne( ones

    • $eople

     – C!anging attit%es+ e?pe"tations+ per"eptions+ an% &e!a*iors of t!e (or#for"e

    ,. Inno*ation aria&les

    CHAPTER 4  T=E DIE4E 5O4FO4CE

    1. Types of Di*ersity• Race t!e &iologi"al !eritage in"l%ing s#in "olor an% asso"iate% traits2 t!at people

    se to i%entify t!e'sel*es.

    • Et(nicit# so"ial traits s"! as "ltral &a"#gron% or allegian"e2 t!at are s!are% &y

    a !'an poplation.

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    • Age  Bot! Title II of t!e Civil Rights Act of 1964 an% t!e Age Discrimination in

     Employment Act of 1967  pro!i&it age %is"ri'ination.

    • 'ender 5o'en -H.;2 an% 'en 7J.)2 no( ea"! 'a#e p al'ost !alf of t!e

    (or#for"e.

    • Religion Title II of t!e Civil Rights Act  pro!i&its %is"ri'ination on t!e &asis of

    religion.

    56 "enefits of Di%ersit#

    • Mentoring a pro"ess (!ere&y an e?perien"e% organizational 'e'&er a 'entor2

     pro*i%es a%*i"e an% gi%an"e to a less6e?perien"e% 'e'&er a protKgK2.

    • Di%ersit# $!ills Training spe"ialize% training to e%"ate e'ployees a&ot t!e

    i'portan"e of %i*ersity an% to tea"! t!e' s#ills for (or#ing in a %i*erse (or#pla"e.

    • Em)lo#ee Resource 'rou)s grops 'a%e p of e'ployees "onne"te% &y so'e

    "o''on %i'ension of %i*ersity.

    CHAPTER 15  =UMAN 4EOU4CE MANAGEMENT

    1. =4M $ro"ess

    ). Training 'et!o%s

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    ,. Apprasial 'et!o%s

    CHAPTER 13  G4OU$ AND TEAM

    1. tages Grop De*elop'ent

    • Forming stage 6 t!e first stage of grop %e*elop'ent in (!i"! people

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    • $torming stage t!e se"on% stage of grop %e*elop'ent+ "!ara"terize% &y intragrop

    "onfli"t

    • orming stage t!e t!ir% stage of grop %e*elop'ent+ "!ara"terize% &y "lose

    relations!ips an% "o!esi*eness.

    • Performing stage 6 t!e fort! stage of grop %e*elop'ent (!en t!e grop is flly

    fn"tional an% (or#s on grop tas#.

    • Ad8ourning t!e final stage of grop %e*elop'ent for te'porary grops %ring

    (!i"! grop 'e'&ers are "on"erne% (it! (rapping p a"ti*ities rat!er t!an tas#

     perfor'an"e.

    ). Confli"t6Manage'ent Te"!ni3es

    5!en grop "onfli"t le*els are too !ig!+ 'anagers "an sele"t fro' fi*e "onfli"t 'anage'ent

    options0 a*oi%an"e+ a""o''o%ation+ for"ing+ "o'pro'ise+ an% "olla&oration. ee E?!i&it

    1,6; for a %es"ription of t!ese te"!ni3es.2 eep in 'in% t!at no one option is i%eal for e*ery

    sitation. 5!i"! approa"! to se %epen%s pon t!e "ir"'stan"es at !an%.

    ,. C!ara"teristi"s of effe"ti*e tea's

    • =a*e a "lear n%erstan%ing of t!eir goals

    • =a*e "o'petent 'e'&ers (it! rele*ant te"!ni"al an% interpersonal s#ills

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    • E?!i&it !ig! 'tal trst in t!e "!ara"ter an% integrity of t!eir 'e'&ers

    • Are nifie% in t!eir "o''it'ent to tea' goals

    • =a*e goo% "o''ni"ation syste's

    • $ossess effe"ti*e negotiating s#ills

    • =a*e appropriate lea%ers!ip

    • =a*e &ot! internally an% e?ternally spporti*e en*iron'ents

    CHAPTER 19  COMMUNICATION

    1. Barriers to Co''ni"ation•

    Filtering  t!e %eli&erate 'aniplation of infor'ation to 'a#e it appear 'orefa*ora&le to t!e re"ei*er.

    • &nformation o%erload o""rs (!en infor'ation e?"ee%s or pro"essing "apa"ity.

    • :argon spe"ialize% ter'inology or te"!ni"al langage t!at 'e'&ers of a grop se

    to "o''ni"ate a'ong t!e'sel*es.

    ). Dire"tion of Co''ni"ation• Do0n0ard communication "o''ni"ation t!at flo(s %o(n(ar% fro' a 'anager

    to e'ployees.

    • -)0ard communication "o''ni"ation t!at flo(s p(ar% fro' e'ployees to

    'anagers.

    • ,ateral communication "o''ni"ation t!at ta#es pla"e a'ong any e'ployees on

    t!e sa'e organizational le*el.

    • Diagonal communication "o''ni"ation t!at "ts a"ross (or# areas an%

    organizational le*els.

    ,.

     Co''ni"ation Net(or#s

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    CHAPTER 1  MOTIATION

    1. Maslo(/s =ierar"!y of Nee%s T!eory• P(#siological needs a person/s nee%s for foo%+ %rin#+ s!elter+ se?al satisfa"tion+

    an% ot!er p!ysi"al nee%s.

    • $afet# needs a person/s nee%s for se"rity an% prote"tion fro' p!ysi"al an%

    e'otional !ar'.

    • $ocial needs a person/s nee%s for affe"tion+ &elongingness+ a""eptan"e+ an%

    frien%s!ip.

    • Esteem needs a person/s nee%s for internal fa"tors e.g.+ self6respe"t+ atono'y+ an%

    a"!ie*e'ent2 an% e?ternal fa"tors s"! as stats+ re"ognition+ an% attention2.

    • $elfactualization needs a person/s nee% to &e"o'e (!at !e or s!e is "apa&le of

     &e"o'ing.

    ). Fi*e Core o& Di'ensions• $!ill %ariet# t!e %egree to (!i"! a

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    ). Uni*ersal Ele'ents of Effe"ti*e Lea%ers!ip – ision

     – Foresig!t

     – $ro*i%ing en"orage'ent

     – Trst(ort!iness

     – Dyna'is'

     – $ositi*eness

     – $roa"ti*eness

    CHAPTER 1+  FOUNDATION OF CONT4OL

    1. T!e Control $ro"ess•

    T!e $ro"ess of Control

    1. Measring a"tal perfor'an"e

    ). Co'paring a"tal perfor'an"e against a stan%ar%

    ,. Ta#ing a"tion to "orre"t %e*iations or ina%e3ate stan%ar%s

    ).  Controlling for Organizational $erfor'an"e5!at Is Organizational $erfor'an"e>

    • Performance t!e en% reslt of an a"ti*ity.

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    • Organizational )erformance t!e a""'late% reslts of all t!e organization/s (or# 

    a"ti*ities.

    Measres of Organizational $erfor'an"e

    •Producti%it# t!e a'ont of goo%s or ser*i"es pro%"e% %i*i%e% &y t!e inptsnee%e% to generate t!at otpt.

    • Organizational effecti%eness a 'easre of !o( appropriate organizational goals are

    an% !o( (ell t!ose goals are &eing 'et.

    ,. Tools For Measring Organizational $erfor'an"e

    • Fee% for(ar% "ontrol  control t!at ta#es pla"e &efore a (or# a"ti*ity is %one.

    • Concurrent control "ontrol t!at ta#es pla"e (!ile a (or# a"ti*ity is in progress.

    • Feed*ac! control "ontrol t!at ta#es pla"e after a (or# a"ti*ity is %one.

    • Tra%itional Controls

    • 4atio analysis

    • Li3i%ity

    • Le*erage

    • A"ti*ity

    • $rofita&ility

    • B%get Analysis

    • antitati*e stan%ar%s

    • De*iations

    • Balan"e% s"ore"ar%  a perfor'an"e 'easre'ent tool t!at e?a'ines 'ore t!an

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    • Management information s#stem ;M&$< a syste' se% to pro*i%e

    'anage'ent (it! nee%e% infor'ation on a reglar &asis.

    • Data  an norganize% "olle"tion of ra(+ nanalyze% fa"ts e.g.+ an

    nsorte% list of "sto'er na'es2.

    • &nformation  %ata t!at !as &een analyze% an% organize% s"! t!at it

    !as *ale an% rele*an"e to 'anagers.

    • Ben"!'ar#ing of Best $ra"ti"es

    • "enc(mar!ing t!e sear"! for t!e &est pra"ti"es a'ong "o'petitors or non6

    "o'petitors t!at lea% to t!eir sperior perfor'an"e.

    • "enc(mar! t!e stan%ar% of e?"ellen"e to 'easre an% "o'pare against.

    -. Conte'porary isses in "ontrol %i !p2

    7. Natre an% I'portan"e of "ontrol

    • Controlling t!e pro"ess of 'onitoring+ "o'paring+ an% "orre"ting (or#

     perfor'an"e.

    • T!e $rpose of Control

     –To ensre t!at a"ti*ities are "o'plete% in (ays t!at lea% to t!ea""o'plis!'ent of organizational goals.

    5!y Is Control I'portant>

    • As t!e final lin# in 'anage'ent fn"tions0

     – $lanning

    • Controls let 'anagers #no( (!et!er t!eir goals an% plans are on target

    an% (!at ftre a"tions to ta#e.

     – E'po(ering e'ployees

    • Control syste's pro*i%e 'anagers (it! infor'ation an% fee%&a"# on

    e'ployee perfor'an"e.

     – $rote"ting t!e (or#pla"e

    • Controls en!an"e p!ysi"al se"rity an% !elp 'ini'ize (or#pla"e

    %isrptions.

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