MGM101H5 Lecture Notes - Lecture 1: Work Unit, Human Capital, Job Satisfaction

• School: UTM
• Department: Management
• Course: MGM101H5
• Professor: Dave Swanston

Document Summary

Managers are responsible for making decisions under conditions of uncertainty about the allocation of scarce resources towards achieving the organizations strategic objectives. Management is the art of getting things done through people. Developing employees refers to the task of hiring, training, mentoring, and rewarding employees in an organization, including other managers. General managers: managers responsible for the overall performance of an organization or one of its major self-contained subunits or divisions. Functional managers: managers responsible for leading a particular function or a subunit within a function. Frontline managers: managers who employees who are themselves not managers. Organize their functions into departments or teams: each department report to their supervisors, their functional heads. Those managers are responsible for leading, organizing, controlling and strategizing their units under their control and developing employees within their units. Plan how best to perform the tasks of their units: organize tasks within their teams, monitor the performance of their employees, and help employees develop skills.