MGT 3200 Chapter : Management 3200
Document Summary
Five functions of management: planning, organizing, staffing, leading, controlling. Managerial roles: arise from status and authority within company, interpersonal roles, informational roles, decisional roles, authority>status>inter. >inform. >decision. Required at different levels: as managerial responsibility increases, technological skills decrease in importance while conceptual skills increase in importance. Communication was second, but number one for effective managers: effective managers tend to be promoted because they"re too good at their job to lose, implications, successful managers and the peter principle. Buttering people up is slippery stuff: can take you to the top quickly, but can also knock you down just as quickly, effective managers and the problem of being so good, you"re irreplaceable. Engage in succession planning and train one"s replacement. Holding onto knowledge that makes you effective hinders ability to becomes successful. Get rid of ego: effective managers are humble and believe in a just world.
