Mastering Managerial Effectiveness.
"The future never just happened. It was created."
As you consider your role in management, think about how you can make the future happen, how you can create conditions that will favour significant progress in your organisation.
The 7 basic functions of Managemnet are Planning, Organising, Staffing, Leading, Communications, Decision making and Controlling.
To carry out the above 7 functions, the manager must use certain resources. These resources are;
- Manpower - the talent of devoted men and women.
- Money - the funds in the budget.
- Machines - the technology available to you.
- Methods - procedures, or ways of doing things that are available to you.
- Materials - the goods you use to manufacture products or provide services.
- Minutes - time. Time is a resource, and there is only so much of it.
- Mission.
Of all the resources, the most important is manpower. It is the people who invent better machinery. The methods stem only from the brainpower of people. Materials are used by people. The minutes are the minutes of people on the payroll. And the mission can exist only within the heads and hearts of people.
Management is a matter of doing activities and tasks and using certain resources to achieve predetermined objectives. For many managers their work does not lead to the achievement of certain critical objectives - the 'KRAs' or 'Key Results Areas.' The 7 Key Results Areas are Customer needs, Economics, Quality, Productivity, Innovation, People growth and Organisation development.
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