Ms Amanda RitterBusibods.ning.com

X 5

I am in this class because:

I am interested in this subject I wish to continue my VCE Units in this subject I want to be in business when I leave school I've heard it is fun there was nothing else available at this time my (insert relative) made me my friend chose this class...is this Business Management ? – sorry I’m in the wrong session...

What did you do right last year?What did you do wrong last year?What is your goal for this year?What is your plan for this year?

Study space Study equipment Study planner Study buddy

Eliminate distractions and distractors!

Business Management Marking

Unit 3 Outcomes = 25% Unit 4 Outcomes = 25% End of year Examination = 50%

50% of students achieve a study score of more than 30 – this subject is not difficult – but you will have to work at home and at school.

Unit 3

Corporate Management How you can tell it’s an LSO What they do for the Australian economy The outside environment they work in

(war/economic crisis/drought = pressures) Who cares what they do and why

Operations Management Systems

Quality Management

U3BMAOS1

U3BMAOS1

Business Environments Target

Macro-environment

Operating environment

Internal environment

Internal = Managers & Workers

Equipment & Facilities

Money/Investment

Corporate Culture

Policies & Procedures

Operating = Customers

Competitors

Suppliers

Special Interest Groups

Macro = Legal/Political

Technology

Social Attitudes

Economic

Education & Training

Global Issues

Environmental Factors

U3BMAOS2

U3BMAOS2

Structures - StandardShareholders

Board of Directors

CEO

Senior Manager

Middle Manager

Frontline Manager/Supervisor

Worker Worker Worker

RISKRESPONSIBILITY

HORIZONTAL SPECIALISATION

VERT

ICAL

SP

ECIA

LISA

TIO

N

U3BMAOS3

U3AOS3

Operations Elements• INPUTS – resources, skills, equipment• THROUGHOUTS/PROCESSES

– ways of transforming resources into product/service

• OUTPUTS – products, services, goals met

Outcome options - as per your teacher but something like:

1 = Structured Questions – various articles (30) 2 = Case Study Test (30) 3 = Problem Solving or Research Report (40)

You also have to do your homework and keep:

* detailed original summary notes of each chapter and

* your own separate, accurate glossary of terminology and definitions.

Unit 4

Human Resource Management

* How to best recruit, manage and motivate workers

The Management of Change

* How LSO's prepare for and deal with change efficiently and effectively

U4BM AOS1

MaslowSelf Actualisation –

fulfilment, developing true potential((interesting jobs, creativity and self-development involved)

Esteem – recognition of self and competence

(responsible tasks, professional recognition, promotion)

Social – belongingness

(supportive management, opportunities for teamwork)

Safety – security physical and emotional

(job security, safe working conditions, freedom to unionise

Basic Physical/physiological –food, water, air, shelter

(sufficient pay for survival, satisfactory working conditions)

U4BM AOS2

Outcome options - as per your teacher but something like:

1 = Essay or Case Study Test (60) 2 = Test (40)

You also have to do your homework and keep:

* detailed original summary notes of each chapter and

* your own separate, accurate glossary of terminology and definitions.

1 2 3 4 5 6 7

0

10

20

30

40

50

60

Enter Scores 03-09

Year

Sco

re

Forces for Change

• THE NEED FOR INNOVATION

• FLATTER STRUCTURES

• RAPID GROWTH

• COMPETITIVE MARKETS

• TREND TO OUTSOURCING

• TECHNOLGY

• SOCIETY’S ATTITUDES

• ONGOING IR LEGISLATION CHANGE

• ORGANISATION INERTIA

• ORGANISATIONAL INSECURITY

• MANAGEMENT PROCRASTINATION

• FINANCIAL COSTS OF RESOURCING CHANGE

• PEOPLE’S RESISTANCE TO CHANGE

DRIVING FORCES RESTRAINING FORCES

Employment cycle

Establishment/Selection

Maintenance

Termination

Resignation/Quit

Retrenchment

Redundancy

Retiring

Terminating/Firing

Exit Interviews

Financial Planning for Superannuation

Counselling

Retraining for new job

Outplacement

Recruitment

Selection

Staffing Needs Analysis

Job Analysis

Job Evaluation

Job Description

Selection Criteria

Interview

Referee Check

Testing – biofeedback, IQ, EQ, psychological

Induction Training Careers Pathway Counselling Motivating Mentoring

Relationship Building Team Building Employee Relations Contracts

Negotiation with Unions Handling Conflict Succession Planning

Mgt Style - Participative

Stress management

X

Exam Specifications

65 Marks!

Exam Pracs

Past exams, specifications and advice:• VCAA• INSIGHT• NEAP• CSE• A+

HOW CAN YOU DO YOUR BEST?

WORKBOOKS GLOSSARY STUDY ROUTINES CURRENT AFFAIRS ATTEND REVISION LECTURES ATTEND END OF YEAR CLASSES

Find out HOW others do well – copy them!

GOOD LUCK!

amandar@toorakc.vic.edu.au