ADM 1100 Lecture Notes - Lecture 6: Swot Analysis, Chief Financial Officer, Departmentalization

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Document Summary

What is management? the process of achieving organizational goals through people and other resources. Stages of management top management: develop long range strategic plans for the organization & inspire executives and employees to achieve their vision for the company"s future (ex. chief executive officer, chief financial officer, premier, mayor) Skills needed for managerial success technical skills: manager"s ability to understand and use the techniques, knowledge, tools and equipment of a specific department or area of study (important for lower level managers) Human skills: interpersonal skills that enable a manager to work effectively with and through people (important for middle managers) Conceptual skills: ability to see the organization as a unified whole and to understand how each part of the overall organization interacts with other parts (important for top managers) Planning: looking forward to future events and actions for achieving organizational. Organization: process of blending resources through a formal structure of tasks and. Directing: guiding and motivating employees to accomplish goals.

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