Managers and Management
                     •   Managers in today’s market must update 
                         tools and principles on a continuous 
                         basis.
                     •   Management development is 
                         increasingly global in outlook and places 
                         a high value on contributing to 
                         organizational effectiveness and 
                         competitive advantage.
                     •   To be successful a manager must use 
                         and integrated approach, using a 
                         combination of tools and principles.
     Management Development
        • High performance leading organizations are 
         increasingly distinguished by 7 features:
        1. Linking management development to 
         business plans and strategies.
        2. Being boundless, flat, nonhierarchical
        3. Using global and cross cultural orientation
        4. Individualizing learning that is focused 
         within the context of organizational learning
        5. Applying customized training aligned with 
         corporate culture
        6. Employing a career development focus
        7. Focusing on the development of core 
         competencies.
      Management Affects Everyone
        •   Our society depends on the goods and 
            services provided by different types of 
            organizations that individuals manage.
        •   All organizations are guided and 
            directed by the decisions of one or 
            more individuals who are commonly 
            known as managers.
   Management Affects Everyone
     Peter Drucker, a nationally recognized 
     management consultant describes 3 major tasks 
     of managers as:
   1. To decided the purpose and mission of the 
     organization.
   2. To make work productive.
   3. To manage social impacts and responsibilities.
     Management as a Process
    What do statements like “ that is a well-managed 
    company “ mean? They seem to imply that 
    management is some type of work                    
    or set of activities and that these             
    activities are performed quite well                   
    and sometimes not so well.