Chapter 07 – Management and Leadership
PPT 7-10
Four Functions of Management
Planning: Anticipating trends and determining the best
strategies and tactics to achieve organizational goals and
objectives.
Organizing: Designing the structure of the organization
and creating conditions and systems in which everyone and
everything works together to achieve goals.
Leading: Creating a vision for the organization and
communicating, guiding, training, coaching, and motivating
others to achieve goals and objectives in a timely manner.
Controlling: Establishing clear standards to determine
whether an organization is progressing toward its goals and
objectives, rewarding people for good work, and taking cor-
rective action if they are not performing.
PPT 7-11
Progress Assessment
1. Some of the changes in management today include
the following: managers are more facilitators than
bosses; managers tend to emphasize team-building;
managers tend to be younger; fewer managers at-
tended elite schools; more managers are women;
and they conduct more business globally.
2. Management is the process to accomplish organiza-
tional goals through planning, organizing, leading,
and controlling people and other organizational re-
sources.
3. The four functions of management are planning,
organizing, leading, and controlling.
PPT 7-12
Sharing the Vision
Creating vision for the company is not merely setting a
goal, but rather creating a sense of purpose for the organiza-
tion.