Essential Management

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WHO IS A SUCCESSFUL MANAGER?

A successful manager is one that does not wait foropportunities to come their way, they make their ownopportunities.A manager who is able to set direction, align responsibilitieswith oals to actualize set vision and to also create a ath for

the growth and future success of the business or department

2 ©Intercamp Consulting 2010



WHAT BRINGS SUCCESS IN

MANAGEMENT

Success does not have anything to do with luck like somepeople will have us believe but a lot to do with the following:

preparationcareful planningrisin to the task developing and managing good relationship been able to make things happenability to lead




TWO MAJOR TYPES OF MANAGERS

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©Intercamp Consulting 2010



THE EFFECTIVE MANAGER

The effective manager must be able manage change properlyat anytime in a business or department.He needs to know where how and the impact of certainfactors such as; economy, social, pricing, competition,overnment olicies will have on the business.

This will be done with the following reports or plans:Business planOperating planChange plan




ATTRIBUTES OF AN EFFECTIVE

MANAGER

An effective manager is not discouraged by challenges neitherdoes he quit.He continually follows through on projects by utilizingresources available to him.

success.He finds a problem or need and develops solutions that willmeet that need.




THE ROLE OF THE EFFECTIVE

MANAGER




MEASURING PROGRESS

An effective manager must continually measure the progressof the business or departments against the projections of theplan.He must be able to quantify intangible benefits as well as thetan ible ones.




TANGIBLE BENEFITS

Tangible benefits are measurable and quantifiable.

They are the benefits that accrues as a result of quantifiableefforts put into actualization of success or growth.Two components must be considered in the calculation of

increased revenues;decreased costs.




INTANGIBLE BENEFITS

These are benefits that are difficult to quantify or that themanager chooses not to quantify.Businesses must draw on greater subjectivity and usequalitative measures.

of error is far too great.For example: What is the value of a business brand? Assigninga figure to such components is extremely complex.




THE MARK OF A TOP MANAGERA top manager is one who is innovative, pioneering new ideas and products.He does not wait for things to happen neither does he follow the economic nor

societal norm of this is how it’s done.He is

PioneeringInnovative

Thinks out of the boxOperates outside the mainstreamDoes not operate based on what is reasonableIs not ready to take no for an answerRefuses to quit

Follows the road that is least traveledCreates his own path and rulesDoes not mind rocking the boat




FUNCTIONS OF EFFECTIVE

MANAGEMENTIn a business or a department the function of the management is very essentialto growth and success.It is imperative that the management understands this functions and performsthem. The functions are:

Planning: management selects objectives, develop strategies, polices, programsand procedures. They provide expert advice for making new plans and ideas.Organizing: establishment of structure of tasks, grouping of tasks into jobs,

, ,providing system of information and communication and coordination of activities.Commanding: giving instructions to the team and ensuring they are carried out.Coordinating: harmonizing task of individual staff or team, reconciles differencesin approach.

Controlling: measuring and correcting activities of staff, monitoring of activities,identifying deviations from plan and correcting it as it becomes apparent.




MANAGEMENT PROCESS




THE JOB OF MANAGEMENTThe job of management lies in the function of the economicperformance and its effect on the business in that it must be able to justify the existence of management and its authority by the economicresults it produces.In any business the job of the management is split into three categories:

Managing the business or departmentCreation of customers

innovationManaging managersManagement by objectivesProper structuring of managers jobCreating the right spirit

Making provision for futureGenerating sound organizational structureManaging workers and work




TIME DIMENTION FOR CARRYING OUT

MANAGEMENT JOBS

This can be done by observing the following:Considering short, medium and long term consequences of action takenIdentify decisions to be taken for future growthRecognize that there is a time line between planning and actualizationSet time lines




IMPROVING WORK PERFORMANCEThe performance of the staff is dependent on the performance of management and how well structure the business is.

In a business where the management is not performing in fullcapacity the staff will also become shoddy in carrying out theirduties.Managers and management must continually improve the

per ormance o not just t eir sta ut t at o t emse ves as we .Below is a list of some ways by which performance can beimproved.

Studying principles of management and identifying its uses for your businessManagement techniques (acquiring organized knowledge)Performance appraisal


Essential Management

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