MGT 20200 Lecture Notes - Lecture 8: Amazon Kindle, Multinational Corporation, Organizational Culture

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Chapter 1: plan-developing a strategy, organize- allocating resources of plan, control- systems in place that give you an idea about challenges, lead- inspire people to lead. Definition of management: organizing things so that tasks, goals, and challenges can be completed effectively and efficiently. Tipping point in 2010 more minorities born. Efficiency- how well you use the resources. Effective- how successful implementation is; doing right things, concerned with means. 3 skills a manager needs- technical, interpersonal, and conceptual. Project oxygen- building better boss: data from own employees to see what traits were most effective in a manager. Express interest in all"s success and well being. Omnipotent view of management managers are directly responsible for an organization"s success or failure. Symbolic view of management much of an organization"s success or failure is due to external forces outsides of the manager"s control; based on the idea that managers symbolize control and influence.

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