ADMS 3930 Chapter : ADMS 3930 Management Textbook Notes
Document Summary
Efficiency- getting work done with a minimum of effort, expense and waste. Effectiveness- accomplishing tasks that help fulfill organizational objectives. Concerned with efficiency and effectiveness in the work process. Planning determining organizational goals and the means for achieving them. Organizing deciding where decisions will be made, who will do what, who will work for whom. Leading motivating workers to work hard to achieve organizational goals. Old-style: they look at themselves as the manager, or the boss. New-style: they look at themselves as sponsors, team leaders, consultants. Work with anyone to help them accomplish their goals. Modern management methods including production teams, performance appraisal systems, training courses, effective communication. Determine what you want accomplished, plan how to achieve them, manage the info needed to make good decisions, and control the performance. Companies that want to remain market leaders must consider threat for int"l competitors, have a competitive strategy, and be able to embrace change.