MGTA01H3 Lecture Notes - Bloomberg Businessweek, Business Cycle, Human Resources

29 views4 pages
Published on 15 Apr 2013
School
UTSC
Department
Management (MGT)
Course
MGTA01H3
Professor
MGTA03 Week 9 March 12, 2013
Review: Strategy
- Strategy: Determining the organisation’s overall direction
- Leadership: Communicating the direction, and getting people to perform, to achieve the
organisation’s goal
Chapter 7 - Managing
- Leaders get people to perform
- To achieve organisation’s goals
Managing
- Managing is not the arbitrary exercise of power
o Not about flaunting status or power
- Managing is about getting things done
o Get everyone to buy it, go along
Managing
- To get things done, managers engage in 4 activities:
o Management
Planning
Organising
Leading
Controlling
Planning
- Determining what needs to be done, and the best way to achieve it
- Example
o “Get up, get dressed, have your breakfast. Be ready to get in the car by 10 o’clock.” “We
want to be at Grannie’s at 11.
Organising
- Mobilizing the resources needed to complete the task (Be on Final Exam)
- Example
o “I’ve laid out your shirt. I’ve cleaned your shoes.” “I’ll go downstairs now and iron your
shorts.”
Leading
- Guiding and motivating others to meet the organisation’s objectives
o How: Teaching and demonstrating, leading by example
- Example
o “Shake hands with your Uncle like I did.”
o “I don’t like peas either, but your Gran made them so I’m going to eat them. It’s polite.”
Controlling (May be on Exam)
Unlock document

This preview shows page 1 of the document.
Unlock all 4 pages and 3 million more documents.

Already have an account? Log in

Get OneClass Grade+

Unlimited access to all notes and study guides.

YearlyMost Popular
75% OFF
$9.98/m
Monthly
$39.98/m
Single doc
$39.98

or

You will be charged $119.76 upfront and auto renewed at the end of each cycle. You may cancel anytime under Payment Settings. For more information, see our Terms and Privacy.
Payments are encrypted using 256-bit SSL. Powered by Stripe.