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Mindmap/Summary - managers & managing =Business management OBS (OBS 114)

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Mindmap summary of chapter 2 of Fundamentals of Business Managment by Mc Graw Hill on managers and managing. Exam prep notes.

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Def:
managers= all work in organs + are pple
resp for supervising and ensuring organ's
humans and other res well used

management= planning, organising,
leading, control [POLC] of human + other
res to achieve organisational goals
efficiently + effectively

1 of key organs goals = prove goods/services
customers value + desire
What is management
manufacturing managers= bal quality needs
of customers against pressure to be cost
effective




Managers goal: achieving high perf




Organisational perf= measures of how
efficiently+ effectively managers use of 1- efficiency = measures how
available res to satisfy customers+ achieve well/productively res used
organs goals
2- effectively = measures

⬆️
Efficiently + effectively res use ⬆️= organ perf appropriateness of organs goals +
degree organ achieves the goals




1- which goals?
1- Planning = choose appropriate goals +
2- what strategies for the goals?
courses of action
3-how res allocated to do strategy

2- Organising= establish task + authority Organisational structure = formal system of
relations that allow pple to work tif to task+ reporting relations that coordinate +
achieve organs goals -> how to div pple motivate members to work tog to achieve
into departments acc to job specific tasks organs goals

- articulate clear visions + energising +
enabling organs members so they
understand their role in achieving organs
Essential managerial tasks goals

-outcome = highly motivated + committed
3- Leading = 1)motivate, 2)coordinate,
workforce
3)energise indiv+ grps to work tog
Organisation vision= short, inspiring
statement of whar organ intends to become,
goals seeking to achieve

4- controlling = establish accurate
measuring +monitoring systems ->
evaluate goals achievement



1- Figurehead= ceremonial duties

- outline future organ goals to employees at
company meetings
POLC
- open new corporate headquarters building

- state organs ethical guidelines+ principles
of behaviour employees are to follow in their
dealings

2- leader= resp for subordinates work

- prove example for employees to follow

-give direct commands + orders to
1- interpersonal roles [FiLL] subordinates

- make decisions Co cerning use of human +
technical res

- mobilise employee support for specific
organ goals

3- Liaison = making contact outside vertical
chain of command

- coordinate work of managers in diff
departments

- establish alliances betw diff organs to share
res to produce new goods+ services

1- Monitor= scans enviro for new info to
collect

- evaluate perf of managers in diff tasks +
take corrective action to improve their perf

- watch for changes occurring in ext+ int
enviro that may affect organ in future

2- Disseminator= passing on privileged info
directly to subordinates

2- informational roles [MoDS] - inform employees abt changes in ext + int
Performing managerial tasks enviro that will affect them + organ
= Mintzbergs typology
- communicate to employees organs vision+
purpose

3- spokesperson = sharing info outside organ

- launch national ad campaign to promote
new goods+ services

IID - give a speech to inform the local
community abt the organs future intentions

1- Entrepreneur = seeks to improve unit by
initiating projects

- commit organ res to dev innovative goods +
services

- decide to expand internationally to obtain
new customers for organs products

2- Disturbance handler = respond
involuntarily to pressures too severe to be
ignored

- move quickly to take corrective action
dealing with unexpected problems facing
Managers + organ from ext enviro (crises like oil spills) or
int enviro (faulty goods)
managing 3- decisional roles [EDReN]
3- Resource allocator = decides who gets
what

-allocate organs res among diff tasks +
departments of organ

- set budgets + salaries of middle +1st lvl
managers

4- Negotiator= committing organs res in "real
time"

- work with suppliers, distributer, labour
unions to reach agreements abt the quality +
price of input/technical/human res

- work with other organisations to establish
agreements to pool res to work on joint
projects



Department = grp of pple who work tog +
posses sim skills/use same knowledge,
tools, techniques to perform job

eg, manufacturing, accounting

core competencies= specific set of
departmental skills, knowledge, exp that
allows 1 organ to out perform another

- dev into competitive advantage

1- 1st line managers =

- resp for daily supervision of non managerial
employees aka supervisors, in all
departments

2- middle managers=

- managers who supervise 1st line managers
Managerial lvls
- resp for finding best way to use res to
achieve organ goals

Lvls + skills of managers 3- top managers=

- managers who establish organ goals,
decides how departments interact

- resp for perf of all departments (cross
department resp)

CEO : resp for success/failure of organ

1- conceptual skills =

- ability to analyse +diagnose situation +
distinguish betw cause + effect

- seeing bigger pic

- top managers req

2- Human skills=
Managerial skills
- ability to understand, alter, lead+ control
behaviour of other indiv +grps

- via training+exp via direct feedback

3- Technical skills=

- job specific knowledge + techniques res to
perform an organ role



1- Restructuring=

downsizing an organ by eliminating jobs
of large no. Of top, middle, 1st line
managers + non managerial employees

2- Outsourcing =

contracting with another company, usually
abroad, to have it perform an acty the
Recent changes in organ prev perf itself
managerial practices
3- Empowerment =

expansion of employees knowledge, tasks,
decision making resp

4- self management teams=

grp of employees who assume resp for
organising, controlling + supervising their
own actys +monitoring the quality of
goods/services they provide



1- building competitive advantage =
Competitive advantage = ability of 1 organ to
- organs ⬆️ efficiency: reduce quantity of
res used to produce goods/services
out perform other organs because it
produces derived goods/services more Competitive advantage :
efficiently + effectively 1- quality,

companies to ⬆️
- pressure from global organs ⬆️
on
quality of goods/services
innovation= process of creating new/
2- efficiency,
3- responsiveness to customers,
improved goods/services customers want, 4-innovation
dev better ways to produce/prove
-organs compete for customers with their
goods/services
products/services

2- maintaining ethical + socially resp
stnds =

- high lvls of pressure to perform

- too much pressure : harmful, induce
managers to behave unethically

3- managing a diverse workforce=

-must be opp available to every employee
Challenges for management - managers must recognise the perf-
in a Global enviro enhancing possibilities of diverse
workforce
(take advantage of skills +xp of diff kinds of
pple)

4- utilising tech + Ecommerce =

- managers must continually utilise
efficient +effective new tech taht can link+
enable mangers +employees to perform
better

- help self managed teams : give them imp
info + virtual interactions

5- practicing Global Crisis Management =

- natural causes : hurricanes, tsunamis etc

- Human causes: industrial pollution,
inattention to employees safety,
destruction of natural habitat/enviro

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Uploaded on
September 1, 2026
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2024/2025
Type
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