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Company
LOGO
Essential Standard 2.00Essential Standard 2.00
Understand
business organization and management.
1
Company
LOGO
Objective 2.02Objective 2.02
Understand
leadership and management.
2
TopicsTopics
• Management• Leadership• Human Resource Management
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Management
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ManagementManagement
• Describe the role of a manager• Managers are responsible for
management of a business to accomplish goals by effectively using people and other resources.
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Describe the five functions of management
Describe the five functions of management
– Planning– To analyze information, set goals based on
information, and make decisions to accomplish the goals
– Organizing– To arrange resources in order to accomplish
the goals of the business
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Describe the five functions of management
Describe the five functions of management
– Staffing• To obtain, train, and compensate employees to
accomplish the goals of the business– Implementing
• To direct and lead people to accomplish the goals of the business
– Controlling• To determine whether a business is
accomplishing its goals that were set in the planning stage.
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Management continuedManagement continued
Levels of management– Top
• Executives who are responsible for the overall direction of the business
– Mid-Management• Specialists responsible for a specific part of the business
– Supervisors• First level of management in the business• Responsible for the routine work of employees
– Management by others• Other employees who are not managers, may serve as
leaders for a group of employees
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Management continuedManagement continued
• What is management style?• Describe the different types of
management styles:– Tactical– Strategic– Mixed
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Management continuedManagement continued
• Tactical•Directed and controlling•Typically, use for inexperienced employees or during a crisis
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Management continuedManagement continued
• Strategic• Less directed with employees helping
with decision making• Typically, used with trusted and/or
experienced employees
• Mixed• Combination of both tactical and
strategic
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Leadership
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LeadershipLeadership
• The ability to motivate others to effectively accomplish goals of the business.
• What characteristics do a good leader possess?
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Leadership continued
How many did you name?
Leadership continued
How many did you name?
• Intelligence• Judgment• Objectivity• Initiative• Dependability• Understanding
• Cooperation• Honesty• Courage• Confidence• Stability
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Leadership continuedLeadership continued
Leadership stylesAutocratic
• Used when a leader needs to give direct, clear, and precise orders and makes decisions
• Situations to use style:– During an emergency – To direct the work of inexperienced employees
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Leadership continuedLeadership continued
– Democratic• one who includes employees in making decisions• Situations to use style:
– To monitor quality of work of employees– To direct the work of employees working as a team
– Open or Laissez-fare• one who gives little or no direction to employees• Situation to use style:
– To monitor achievements and communicate regularly with employees
– To direct the work of experienced and trained employees
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Company
LOGO
Human Resources Manager
Human Resources Manager
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Human Resources ManagementHuman Resources Management
• What is the role of human resources managers?
• The functions of human resources management:
– Planning and staffing– Managing compensation and benefits– Managing performance of employees
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Human Resources Management continuedHuman Resources Management continued• Planning and job staffing
– Classifying employees• Permanent
– Long term commitment
• Temporary– Hired for a specific time/job
• Full Time– 30 or more hours per week (usually 40+ hours)
• Part Time– Short work week
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Human Resources Management continuedHuman Resources Management continued• Planning and job staffing
– Determining job requirements:• The use of job analysis to determine all the
duties for a particular job• Recruiting and hiring employees
• The application process– Reviewing applications/resumes– Interviewing applicants– Checking references of applicants – Making a job offer to applicants
• New employee orientation– Paperwork– Training – Mentor
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Human Resources Management continuedHuman Resources Management continued• Managing compensations and benefits
– Compensation method• Time Wage – Direct payment per hour• Salary – Direct payment per week, bi-weekly, or monthly• Commission – Percentage of sales• Piece Rate – Payment per unit produced• Base plus incentive – Direct payment plus perfomance
based pay
– Employee benefits• Other items given to employee for working. For example,
health insurance, vacation time, sick time, dental insurance, etc.
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• Managing performance of employees– Employee evaluation
• Objective evaluations of emplyees’ quality of work
– Promotion• Advancement of an employee to a position with greater
responsibility
– Transfer• Assignment of the employee to a job in another area with
similar responsibility
– Termination• Ends employment relationship
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Human Resources Management continued