What is management HW check – vocabulary p 13.pptVIP

What is management?HW check – vocabulary p 13 Case study: Hand in your recommendations for different positions. Management: Top / senior /upper management Middle management Lower management Top management a) accountable to the ______ of directors (app______, superv____, adv_____, _____ssed by them) b) responsibilities 1 - consider the needs of the future, innovate = change/___________ management 2 - manage relations with stakeholders 3 - deal with major crises = c_____ management Top management a) accountable to the board of directors (appointed, supervised, advised, dismissed by them) b) responsibilities 1 - consider the needs of the future, innovate = change/ innovation management 2 - manage relations with stakeholders 3 - deal with major crises = crisis management People involved in corporate structure shareholders Management (What is management?) workforce Management: Top / senior /upper management (Top Management exercise) Middle management Lower management Workforce: employees /staff / personnel / human resources / labour senior staff vs. junior staff higher-positioned vs. lower-positioned superiors vs. subordinates Mary is Kate’s superior. Kate is Mary’s subordinate. Managers p___ , organize, i________, measure d_______ (P. Drucker, 1977) Managers plan , organize, integrate, measure develop (P. Drucker, 1977) Organize: assign RESPONSIBILITIES AUTHORITY - delegate RESPONSIBILITIES - ORGANIZATIONAL UNITS → MK, p 22, Vocabulary HW: Summarize the text in note form! (MK 22-23) If you like, use the following headings: Hierarchical structure (don’t forget to define it) advantages disadvantages Functional structure (don’t forget to define it) advantages disadvantages Flattening hierarchies 4 reasons: Matrix management Teams Vocabulary focus: DIVISION OF RESPONSIBLITIES What are you responsible for? What are you in charge of? What are your responsibilities? CHAIN OF COMMAND AND LINE AUTHORITY Useful vocabulary: super