MGMT 1 Lecture Notes - Lecture 9: Mass Production, Organizational Culture, Swot Analysis
Document Summary
Lecture 9: management, leadership, organizations (chapter 7 and 8) The process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources. Much more team-oriented and more like a coach than a boss. Need to have a diverse set of skills and be flexible to adapt to a particular situation. Join a toast maker program or keep a journal. Setting a direction for the future on various levels of detail/generality. A vision broadly defines the purpose of a business. A mission statement describes this purpose in more detail. How the business wants to be perceived. How the business views issues like ethics and social responsibility. Objectives: more short-term and more specific milestones. Swot analysis: analyzes the organization"s strengths, weaknesses, opportunities and threats. The setting of broad, long-range goals by top managers. The identification of specific, short-range objectives by lower-level managers. A skill that can be learned, practiced and improved.
