MANAGEMENT AND THE EFFECTIVE

ENTREPRENEUR

MANAGEMENT - IS DEFINED AS THE ART AND SCIENCE OF GETTING THINGS DONE THROUGH OTHERS
-THE PROCESS OF DESIGNING AND MAINTAINING THE ENVIRONMENT IN WHICH individuals working together in
groups, accomplish their aims effectively and efficiently

'THE ART OF GETTING THINGS DONE THROUGH PEOPLE' - MARY PARKER FOLLET

THE ROLE OF MANAGEMENT

TO GUIDE THE ORGANIZATIONS TOWARDS GOAL ACCOMPLISHMENT

WHAT IS AN ORGANIZATION

TWO OR MORE PEOPLE WHO WORK TOGETHER IN A STRUCTURED WAY TO ACHIEVE A SPECIFIC
GOAL OR SET OF GOALS.

GOALS : PURPOSE THAT AN ORGANIZATION STRIVES TO ACHIEVE; ORGANIZATIONS OFTEN HAVE

MORE THAN ONE GOALS, GOALS ARE FUNDAMENTAL ELEMENTS OF ORGANIZATION

MANAGER

A MANAGER IS A PERSON WHO CONTRIBUTES TO THE ORGANIZATION’S GOAL INDIRECTLY BY

DIRECTING the efforts of others, not by performing the task by him.

A PERSON WHO IS NOT A MANAGER MAKES HIS CONTRIBUTION TO THE ORGANIZATION’S GOAL
DIRECTLY BY PERFORMING THE TASKS BY HIMSELF

TYPES OF MANAGER

FUNCTIONAL MANAGERS - A MANAGER RESPONSIBLE FOR JUST ONE ORGANIZATIONAL ACTIVITY

SUCH AS ACCOUNTING, HUMAN RESOURCES, SALES, FINANCE, MARKETING, OR PRODUCTION.

FOCUS ON TECHNICAL AREAS OF EXPERTISE. USE COMMUNICATION, PLANNING AND

ADMINISTRATION, TEAMWORK AND SELFMANAGEMENT COMPETENCIES TO GET WORK DONE.

GENERAL MANAGERS - RESPONSIBLE FOR THE OPERATIONS OF MORE COMPLEX UNITS—FOR

EXAMPLE, A COMPANY OR DIVISION.

 OVERSEE WORK OF FUNCTIONAL MANAGERS

 RESPONSIBLE FOR ALL THE ACTIVITIES OF THE UNIT
 NEED TO ACQUIRE STRATEGIC AND MULTICULTURAL COMPETENCIES TO GUIDE
ORGANIZATION
ROLE OF MANAGER

PLANNING - PLANNING INVOLVES THINKING AHEAD AND PREPARING FOR FUTURE

ORGANIZING - ORGANIZING INVOLVES DIVIDING WORK INTO CONVENIENT tasks or duties,

grouping of such duties in the form of positions, grouping of various positions into departments
and sections, assigning duties to individual positions, and delegating authority to each position so
that work is carried out as planned.

STAFFING - consists of selecting and placing the right people at right position.

DIRECTING - INVOLVES various sub functions like Communicating, Leading and Motivating.

CONTROLLING - IS THE process of checking to determine whether or not proper progress is being
made towards the objectives and goals and acting if necessary to correct any deviations.

LEVELS OF MANAGEMENT

TOP MANAGERS

 RESPONSIBLE FOR PROVIDING THE OVERALL DIRECTION OF AN ORGANIZATION

 DEVELOP GOALS AND STRATEGIES FOR ENTIRE ORGANIZATION
 SPEND MOST OF THEIR TIME PLANNING AND LEADING
 COMMUNICATE WITH KEY STAKEHOLDERS—STOCKHOLDERS, UNIONS, GOVERNMENTAL
AGENCIES, ETC., COMPANY POLICIES
 USE OF MULTICULTURAL AND STRATEGIC ACTION COMPETENCIES TO LEAD FIRM IS
CRUCIAL.

FIRST-LINE MANAGERS - HAVE DIRECT RESPONSIBILITY FOR PRODUCING GOODS OR SERVICES

FOREMAN, SUPERVISORS, CLERICAL SUPERVISORS.

MIDDLE MANAGERS

 COORDINATE EMPLOYEE ACTIVITIES

 DETERMINE WHICH GOODS OR SERVICES TO PROVIDE
 DECIDE HOW TO MARKET GOODS OR SERVICES TO CUSTOMERS ASSISTANT MANAGER,
MANAGER (SECTION HEAD).

THE EFFECTIVE ENTERPRENEUR

THE WORD “ENTREPRENEUR” DERIVES FROM THE FRENCH WORD entre, meaning “between,” and
prendre, meaning “to take.” The word was originally used to describe people who “take on the risk”
between buyers and sellers or who “undertake” a task such as starting a new business .
PERSONAL ENTREPRENEURIAL CHARACTERISTICS (PECs)

1. ACHIEVEMENT CLUSTER

-OPPORTUNITY SEEKING

-PERSISTENCE

-COMMITMENT TO THE WORK CONTRACT

-DEMAND FOR QUALITY AND

EFFICIENCY

-RISK TAKING

2. PLANNING CLUSTER

-GOAL SETTING

-INFORMATION SEEKING

-SYSTEMATIC PLANNING AND MONITORING

3.POWER CLUSTER

-SELF CONFIDENCE

-PERSUATION & NETWORKING

REFERENCES :

HTTPS://WWW.OXFORDBIBLIOGRAPHIES.COM/DISPLAY/DOCUMENT/OBO-9780199846740/OBO-
9780199846740-0039.XML

HTTPS://DOCS.GOOGLE.COM/PRESENTATION/D/
1NYTTCTIOT2ZCS1GXVVMPIBXOTXYWXBRGLB7QRBTFOUG/HTMLPRESENT#!

HTTPS://WWW.SLIDESHARE.NET/DJPPRKUT/TLE-ENTEPRENEUR?FROM_ACTION=SAVE

HTTPS://EPDF.TIPS/MANAGEMENT-AND-ENTREPRENEURSHIP.HTML

HTTPS://TRANSLATE.GOOGLE.COM/?SL=EN&TL=TL&OP=TRANSLATE

THANK YOU AND MABUHAY!

- JASMINE B. PACIA