Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
MANAGEMENT
Text book
Campling, J., Poole, D., Weisner, R., Ang, E.S., Chan,
B., Tan, Wee-Liang,., and Schmerhorn, J.R. 2008.
Management. (3rd Ed.). John Wiley and Sons,
Australia.
Moodle
This course will have materials uploaded on moodle.
Students should check their moodle account on a
regular basis. Also all important announcements,
assignment questions will be uploaded on moodle as
well.
COURSE CONTENT
WEEK 1
The Dynamic New Workplace Read Chapter 1
Introduction to MG101
Working in the new economy
Organizations in the new economy
What is management?
The management processes
Managers in the new workplace
Managerial learning
WEEK 2
Environment and Diversity Read Chapter 2
Total 100%
COURSE ASSESSMENT
workplace?
Who are managers and what do they do?
What is the management process?
How do you learn the essential
managerial skills and competencies?
Overview of the new economy
A highly competitive global economy has
created unparalleled opportunities and
unprecedented uncertainties.
Smart people and smart organisations
create their own futures.
Companies with a future are committed to
people.
Companies with a future have high
performance expectations and provide
supportive work environments.
High-performing companies gain
extraordinary results from people.
1) What are the challenges of
working in the new economy?
Intellectual capital
Intellectual capital is the collective
brainpower or shared knowledge of a
workforce that can be used to create
value.
A knowledge worker, whose knowledge
is a critical asset to employers and who
adds to the intellectual capital of an
organisation.
What are the challenges of working
in the new economy?
Globalisation
National boundaries of world business are
disappearing rapidly.
Globalisation is the worldwide
interdependence of resource flows, product
markets and business competition that
characterise our new economy.
Global supply chains makes economies
more and more dependant on each other.
What are the challenges of working
in the new economy?
Technology
Continuing transformation of the
modern workplace through:
Rapid technological innovations
the Internet – e-business
the World Wide Web
computers
information technology.
Increasing demand for knowledge
workers with the skills to fully utilise
technology.
What are the challenges of working in
the new economy?
Diversity
Changing demographics are making the
workforce increasingly diverse.
A diverse and multicultural workforce both
challenges and offers opportunities to employers.
Truly valuing diversity is a societal responsibility
that is not easy to accomplish.
Diversity bias can occur in the workplace by:
Prejudice
discrimination
the glass ceiling effect – invisible barrier.
What are the challenges of working
in the new economy?
Ethics
Conducting business according to high
social institutions.
Sustainable development and protection
Careers
Careers are fast changing in the new
workplace
Core workers, contract workers and casual or
part-time workers; home workers,
telecommuting, virtual teams, sub-contract
workers, etc.
People must be prepared to be any one of
these types of worker.
People must make sure that their skills are
portable and of current value in employment
markets.
2) Organizations in the new
workplace
Organizations in the new workplace are
challenging settings – opportunities and
challenges
Critical skills for survival in the new workplace
Mastery
Contacts
Entrepreneurship
Love of technology
Marketing
What is an Organisation
A collection of people working together in a
division of labor to achieve a common
purpose.
The purpose of any organisation is to
provide useful goods and/or services that
return value to society and satisfy
customer needs in order to justify
continued existence.
What are organisations like in the
new workplace?
Organisations as systems
Composed of interrelated parts that function
together to achieve a common purpose
Organisations are open systems that
interact with their environments.
Organisations transform resource inputs
into product outputs (goods and services).
Feedback from the environment tells an
organisation how well it is meeting the
needs of customers and society.
Fig 1.1 Organisations As Open Systems
Transformation process
Consumer feedback
23
What are organisations like in the
new workplace?
Organisational performance
‘Value-added’ is a very important notion
for organisations.
Value-added occurs when an
organisation, through it operations, adds
value to the original cost of resource
inputs.
Value is created when the resources are
used in the right way, at the right time
and at minimum cost to create high
quality goods and services for customers.
What are organisations like in the
new workplace?
Organisational performance indicators
Productivity
A summary measure of the quantity and
accomplishment
Performance efficiency
A measure of the resource costs associated
Demise of ‘command-and-control’
Focus on speed
Embrace of networking
Belief in empowerment
Emphasis on teamwork
Levels of managers
Types of managers
Line managers - responsible for work
activities that directly affect an organisation’s
outputs.
Staff managers - use technical expertise to
advise and support the efforts of line workers.
Functional managers - responsible for a single
area of activity.
General managers - responsible for more
complex units that include many functional
areas.
Administrators - work in public and not-for-
profit organisations.
Who are managers and what do they
do?
High-performing managers:
build working relationships with others
help others develop their skills and performance
competencies
foster teamwork
create a work environment that is performance-
driven and provides satisfaction for workers.
The organisation as an upside-down pyramid
Each individual is a value-added worker.
A manager’s job is to support workers’ efforts.
The best managers are known for helping and
supporting.
Fig 1.3 The Organisation as an ‘Upside-Down Pyramid’
Serve
Operating workers Do work directly affecting
customer/client satisfaction
Support
Top Managers
Keep organisation
mission and
strategies
clear
32
4) The Management Process
Functions of Management
Management is the process of planning,
organising, leading and controlling the use
of resources to accomplish performance goals.
All managers are responsible for the four
functions - planning, organizing, leading and
controlling.
The functions are carried on continually.
Fig 1.4 Four Functions of Management
Planning
Setting
performance
objectives and
deciding how to
achieve them
Controlling Organising
Measuring The Assigning tasks,
performance and management allocate resources
taking action to process and arranging
ensure desired coordinated
results activities
Leading
Inspiring people to
work hard to
achieve high
performance goals
34
What is the management
process?
Managerial activities and roles
Informational roles
Interpersonal roles
Interactions with persons inside and outside
Decisional roles
Using information to make decisions in order
36
What is the management process?
Managerial competency
A skill-based capability that contributes to
high performance in a management job
Managerial competencies are implicit in:
planning, organising, leading and controlling
informational, interpersonal and decisional
roles
agenda setting and networking.
How do you learn the essential managerial
skills and competencies?