Professional Documents
Culture Documents
Chapter
Definition of Management:
Its Nature and Purpose
Political/legal factors
Ethical factors
2008 Weihrich and Cannice
10
Characteristics of Excellent
Companies (Peters & Waterman)
11
1. General Electric
2. FedEx
3. Southwest Airlines
4. Proctor & Gamble
5. Starbucks
6. Johnson & Johnson
7. Berkshire Hathaway
8. Dell
9. Toyota Motor
10. Microsoft.
12
Adapting to Changes in
the 21st Century
13
Productivity
14
Definitions of Effectiveness
and Efficiency
15
16
17
Taylor's Principles of
Scientific Management
1. Replacing rules of thumb with science (organized
knowledge)
2. Obtaining harmony in group action, rather than
discord
3. Achieving cooperation of human beings, rather
than chaotic individualism
4. Working for maximum output, rather than restricted
output
5. Developing all workers to the fullest extent possible
for their own and their company's highest
prosperity
2008 Weihrich and Cannice
18
19
20
Peter F. Drucker
Keith Davis
W. Edwards Deming
Joseph M. Juran
Laurence Peter
William Ouchi
Thomas Peters and Robert Waterman
21
22
23
24
25
26
Planning
Organizing
Staffing
Leading
Controlling
27
Definition of Planning
28
Definition of Organizing
29
Definition of Staffing
30
Definition of Leading
31
Definition of Controlling
32
Management
Managerial functions
Managerial skills in the
organizational hierarchy
The goal of all managers
Characteristics of excellent and
most admired companies
Three major trends: Advances
in technology, globalization, and
entrepreneurship
Productivity, effectiveness, and
efficiency
Managing: science or art?
Major contributors to
management thought
Contributors to scientific
management
Fayols operational
management theory
Mayo and Roethlisberger
Recent contributors to
management thought
Management theory jungle
Managerial roles approach
Management process, or
operational, approach
Systems approach to the
management process
Five managerial functions
33