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L1 - Introduction LMS
L1 - Introduction LMS
L1 - Introduction LMS
INTRODUCTION
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 3
Who are Managers?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 4
Who are Managers?
Characteristics of an Organization
– Two or more (group of) people
– Work together in a structured manner
– With the purpose of achieving goals
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 5
Who are Managers?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 6
Who are Managers?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 7
What is Management?
Define Management
The process of getting things done, effectively
and efficiently, through and with other people
Management is a process of planning,
organizing, leading and controlling the limited
physical and human resources effectively and
efficiently to achieve pre-set objectives/goals
Management is the attainment of organizational
goals in an effective and efficient manner
through planning, organizing, leading and
controlling the organizational resources
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 8
What is Management?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 9
What is Management?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 10
What is Management?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 11
What is Management?
Resources
Factors of
Production
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 12
What is Management?
Resources
The 5 M’s
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 13
What is Management?
Efficiency
The ability to minimize the use of resources, and
thus cost of recourses
Doing a task correctly; “Doing the thing correctly”
Refers to the relationship between inputs and
outputs; seeks to minimize resource costs
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 14
What is Management?
Effectiveness
The ability to attain goals
“Doing the right thing”
Doing those works/ tasks that help the organization
reach its goals – Goal attainment
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 15
What is Management?
EFFICIENTCY
Using resources wisely and
in a cost-effective way
And
EFFECTIVENESS
Making the right decisions and
successfully implementing them so that the
organization can reach its goals
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 16
What is Management?
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 17
What is Management?
Financial Resources
Physical Resources
Human Resources
ENVIRONMENT
Plan Organize
ATTAINMENT
GOAL
Control Lead
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 18
What is Management?
Efficiency Effectiveness
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 19
What is Management?
Effectiveness
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 20
What is Management?
What is Performance?
Performance: The measure of how efficient and
effective
Managerial Performance
– The measure of how efficient and effective a
manager is – How well a manager determines and
achieves appropriate objectives by wisely using
resources
Organizational Performance
– The measure of how efficient and effective an
organization is - How well it determines and achieves
appropriate objectives by wisely using resources
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 21
What Do Managers Do?
Functional Approach
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 22
What Do Managers Do?
o Figurehead
Mintzberg’s Interpersonal
o Leader
Managerial Role o Liaison
Roles
o Monitor
Informational
o Disseminator
Role o Spokesperson
o Entrepreneur
Decisional o Disturbance Handler
Role o Resource Allocator
o Negotiator
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 23
What Do Managers Do?
Interpersonal Roles
Pertain to the relationship with people and other
duties that are ceremonial and symbolic in nature
Involves managers’ interaction with people inside
and outside their work units
Figurehead
– Perform ceremonial and symbolic duties such as
greeting visitors, handing over awards
Leader
– Direct and motivate subordinates; Train, counsel and
communicate with subordinates to accomplish goals
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 24
What Do Managers Do?
Liaison
– Communicate with internal and external entities on
behalf of the manager’s unit/ organization
Informational Roles
Involve collecting, receiving, and disseminating
information
Activities related to maintain and develop an
information network
Monitor
– Seek and scan environment, and receive current
information; Scanning reports, personal contacts etc.
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 25
What Do Managers Do?
Disseminator
– Share information with others in the organization;
Send memos, reports, make phone calls etc.
Spokesperson
– Transmit information to outsiders of the organization;
through speeches, reports, memos etc.
Decisional Roles
Revolve around making choices
Pertain to those events about which the manager
must make a choice and take action
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 26
What Do Managers Do?
Entrepreneur
– Initiate improvement projects; Identify new ideas;
Delegate the responsibility of ideas to others
Disturbance Handler
– Respond to problems that demand immediate
action
Resource Allocator
– Decide who gets resources; Prepare schedules,
budgets, set priorities etc.
Negotiator
– Represent interest of work unit during negotiations;
Negotiate schedules, resources, contracts etc.
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 27
What Do Managers Do?
Attending ribbon-cutting ceremony for new
Figurehead
plant, Signing legal documents
Interpersonal Encouraging employees to improve
Leader
productivity, training, counseling
Liaison Coordinating activities of two projects
Scanning industry reports to stay abreast of
Monitor
developments
Informational Sending memos outlining new organizational
Disseminator
initiatives
Spokesperson Making a speech to discuss growth plans
Entrepreneur Developing new ideas for innovation
Disturbance Resolving conflict between two subordinates,
handler Resolve conflicts among subordinates
Decisional
Resource allocator Reviewing and revising budget requests
Reaching agreement with a key supplier or
Negotiator
labor union
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 28
What Skills Do Managers Need?
Managerial Skills
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 29
What Skills Do Managers Need?
Managerial Skills
Technical Skills
– Job-specific knowledge and techniques needed to
proficiently perform work tasks
– Includes mastery of the method, procedures,
techniques and equipment and knowledge of
specialized field such as engineering, finance or
manufacturing
– Includes job-specific knowledge needed to perform
well in a specialized field
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 30
What Skills Do Managers Need?
Human Skills
– Ability to work with, and through other people and to
work effectively as a group member to get things
done
– Ability to communicate with, understand, and
motivate both individuals and groups
Conceptual Skills
– Cognitive ability to see the organization as a whole
(think in abstract) and the relationships among its
parts
– Ability to coordinate and integrate all of an
organization’s interests and activities
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 31
What Skills Do Managers Need?
Top-
Manager
Lower-Level
Manager
Importance
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 32
What Skills Do Managers Need?
Technical Human
Skills Skills
Conceptual Motivation to
Skills Manage
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 33
Management: Science or Art?
Management is a Science
Assumes that problems can be approached
using rational, logical, objective, and
systematic ways
Requires the use of technical, diagnostic, and
decision-making skills and techniques to solve
problems
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 34
Management: Science or Art?
Management is an Art
Decisions are made and problems solved using
a blend of intuition, experience, instinct, and
personal insights
Requires the use of conceptual,
communication, interpersonal, and time-
management skills to successfully accomplish
the tasks associated with managerial activities
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 35
Work Together
EMGT1162 - Principles of Management - Prof. MMDR Deegahawature, Dept. of IMGT, FAS, WUSL 36