MGMT 1 Lecture Notes - Lecture 8: Knowledge Management, Departmentalization, Organizational Culture
18 Apr 2016
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Document Summary
Management - the process used to accomplish organizaional goals through planning, organizing, leading and controlling people and other organizaional resources. Modern management o o o o o o o o o o. Much more team-oriented and more like a coach than a boss. Need to have a diverse set of skills and be lexible to adapt to a paricular situaion. Two skills stand out: communicaion and people skills. Seing a direcion for the future on various levels of detail/generality. A vision broadly deines the purpose of a business. A mission statement describes this purpose in more detail. How the business views issues like ethics and social responsibility. Swot analysis - analyzes the organizaion"s strengths, weaknesses, Opportuniies and threats o o o o o o o o o. Strategic planning - the seing of broad, long-range goals by top managers. Tacical planning - the ideniicaion of speciic, short-range objecives by lower-level managers.
