Introduction to Management

What is management ?
Management is the process of planning, organizing, motivating, and controlling in order to formulate and attain organizational objectives.
It was Miss Follett who originally defined management as "getting work done through others

Functions of Management
Planning
Organizing
Motivating
Controlling
Manager is the person who implements these functions.
Performing the managerial function is necessary if an organization is to succeed

Manager ≠ Entrepreneur
Entrepreneur is the person who takes the risk of starting a new organization or introducing a new idea, product, or service to society

Manager ≠ Entrepreneur
Often, however, such characteristics as taking personal risks, responding to financial opportunities, and willingness to put in long, hard hours at work that make a person a great entrepreneur do not necessarily enable that same person to manage the organization effectively as it grows larger. Some entrepreneurs simply may not have the ability or the inclination to perform the managerial functions of planning, organizing, motivating, and controlling effectively.

Manager ≠ Entrepreneur
Consequently, it is not unusual for an outstanding entrepreneur to be a rather ineffective manager. The organization the entrepreneur created may fail as a result. Government studies indicate, in fact, that most new businesses fail, and the main reason for failure is
poor management, not bad ideas.

Course objectives
After our course I want you to be able:
To analyze the environment of your firm
Internal environment
External environment
To create a strategy of your firm
How to set the mission
How to set correct objectives
How to implement your strategy

To make a structure of you firm using division of labor
How to delegate responsibility
To motivate you workers
(how to make your workers do that you want them to do)
What needs do your workers have
What compensation you should use
Course objectives
After our course I want you to be able:

To control your firm
Preliminary control
Concurrent control
Postaction control
To make decisions
Course objectives
After our course I want you to be able: