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What is Management?
Management is more art than
science. Managing is working with and through other people to accomplish the
objectives of both the organizations and its members.
Management consists of:
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the rational assessment of a situation and
the systematic selection of
goals and purposes (what is to be done);
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the systematic
development of strategies to achieve these goals;
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the marshalling of the required resources;
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the rational design, organization,
direction, and control of the activities required to attain the selected
purposes; and finally,
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the
motivating and
rewarding of people to do the work.
Two Common Traits of Great
Leaders and Managers
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They have a desire to employ people with
greater skills or knowledge than they themselves possess
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They have an ability to
develop people into leaders themselves
Concept of Effective Management
 Though there is a great variety of
different types of businesses, the general principles of effective
management apply in 90% of cases. The differences in management practices
are mainly in application than in principles.
Effectives management is not
limited to business management only. Management is the specific and
distinguishing organ of all organizations. Its functions are:
The task of the manager is to
lead people. And the goal is to make productive and specific strengths
and knowledge of each individual.
Managing Is All About Perceptions
Managing –
setting goals,
communicating,
teamwork,
motivating, etc. – is all
about
perceptions.
The essence of managing is coming to grips with people's perceptions.
Leadership – the New
Managerial Task
In the
new era of rapid changes and
knowledge-based enterprises, managerial work becomes
increasingly a
leadership task. Leadership is the primary force behind
successful change. Leaders
empower employees to act on the
vision. They execute through inspiration and develop
implementation capacity networks through a complex web of aligned
relationship.
Managing Knowledge Workers:
New Approaches
You cannot lead knowledge workers
by telling them what to do. You must treat them with respect and dignity,
and provide opportunities that they would not be able to have on their own.
To lead knowledge workers effectively and unlock their true potential,
you need to define:
Delivering
Results
The effective business
focuses on opportunities, rather than problems. Every successful
business requires a goal and spirit all its own. As a
results-driven executive decision-maker, you must must
analyze systemically your business results areas, the interferences to
draw upon, and the
strategies to
plan and implement to move your enterprise forward.
Cross-Pollinate
Your Ideas with Others
In the
new economy driven
by
systemic innovation, new ideas
arise from
cross-pollination –
complex interactions between many individuals, organizations and
environmental factors. Winning innovative solutions are inspired and
developed in the process of cross-pollination of ideas, rather than narrowly
focused search.
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