BUSI 1800 Chapter Notes - Chapter 8: Chief Operating Officer, Venn Diagram, Decision-Making
Document Summary
Managers roles are evolving: managers must practice the art of getting things done through organizational resources. Functions of management: the process used to accomplish organizational goals through planning, organizing, leading, and controlling people and other organizational resources. Some modern managers perform all these tasks with the full cooperation and participation of workers. Empowering employees means allowing them to participate more fully in decision. Planning: setting organizational goals, developing strategies to reach those goals, determining resources needed, setting precise standards. Leading: guiding and motivating employees to work effectively to accomplish organizational goals and objectives, giving assignments, explaining routines, clarifying policies, providing feedback on performance. Leading: creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve the organizations goals and objectives. Vision: an encompassing explanation of why the organization exists and where it is trying to head.