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Management
Management and Leadership
| Term | Definition |
|---|---|
| Management | the process of accomplishing the goals of an oganizaton through the effective use of people and other resources. |
| Planning | involves analyzing information, setting goals, and making decisions about what needs to be done. |
| Organizing | means identifying and arranging the work and resources needed to achieve the goals that have been set. |
| Staffing | includes all of the activities invoved in obtaining, preparing, and compensating the employees of a business |
| Implementing | is the effort to direct and lead people to accomplish the planned work of the organization |
| Controlling | determines to what extent the business is accomplishing the goals it set out to reach in the planning stage |
| Management Styles | is the way a manager treats and involves employees |
| Leadership | is the ability to motivate individuals and groups to accomplish important goals |
| Human Relations | is the way people get along with each other |
| Influence | enables a person to affect the actions of others |
| Informal influence | a leadership role that is not part of a formal structure |
| Formal influence | a leadership role that is part of the organization's structure |
| Ethical Business Practices | ensures that the highest standards of coduct are observed in a company's relationships with everyone who is part of the business or is affected by the business' activities |
| Core Values | the important principles that will guide decisions and actions in the company |