Copyright © 2007 South-Western. All rights reserved. Chapter 7 Managing Effectively.

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Transcript of Copyright © 2007 South-Western. All rights reserved. Chapter 7 Managing Effectively.

Copyright © 2007 South-Western. All rights reserved.

Chapter 7

Managing Effectively

Copyright © 2007 South-Western. All rights reserved.

Managing Effectively

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Learning Objectives

ManagingEffectively

Methods Levels

Skills Functions

Copyright © 2007 South-Western. All rights reserved.

Managing Effectively

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The Key Decisions in Running a Business

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Managing Effectively

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Levels of Management

LevelsFunctionsSkillsMethods

Copyright © 2007 South-Western. All rights reserved.

Managing Effectively

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Levels of Management

LevelsFunctionsSkillsMethods

Copyright © 2007 South-Western. All rights reserved.

Managing Effectively

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Management Functions

LevelsFunctionsSkillsMethods

Functions

Planning

Organizing

Leading

Controlling

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Managing Effectively

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Mission Statement

LevelsFunctionsSkillsMethods

“The mission of Bristol-Myers Squibb is to extend and enhance human life by

providing the highest quality health and personal care

products.”

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Managing Effectively

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Strategic Plan

LevelsFunctionsSkillsMethods

Goals

Strategies

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Managing Effectively

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Types of Plans

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Tactical

Operational

Contingency

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Interrelated Plans

LevelsFunctionsSkillsMethods

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Managing Effectively

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Organizing

LevelsFunctionsSkillsMethods

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Managing Effectively

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Leadership Styles

LevelsFunctionsSkillsMethods

ParticipativeAutocratic Free-Rein

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Managing Effectively

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Controlling

LevelsFunctionsSkillsMethods

Copyright © 2007 South-Western. All rights reserved.

Managing Effectively

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Investors & Reporting

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Investors

Sarbanes-Oxley Act

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Managing Effectively

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Integration of Functions

LevelsFunctionsSkillsMethods

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Managing Effectively

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Software for Improvement

LevelsFunctionsSkillsMethods Creativity Evaluation

Decisions Management

Negotiating

Hiring

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Managing Effectively

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Managerial Skills

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Technical

Conceptual

Interpersonal

Decision Making

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Decision-Making Steps

LevelsFunctionsSkillsMethods

Copyright © 2007 South-Western. All rights reserved.

Managing Effectively

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Time Management

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Priorities

Intervals

InterruptionsGoals

Delegate

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Efficient Meetings

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