
- •Foundation of management
- •Importance of managers:
- •History of management
- •Global management
- •Global environment
- •Decision making process
- •Decision making conditions
- •Decision Making Biases
- •Strategic management
- •Corporate Strategy
- •Porter’s 5 forces
- •Tools for planning:
- •Contemporary planning techniques
- •Structures in org. Design
- •Employee performance management
- •Barriers to communication
- •Contemporary theories
Structures in org. Design
Mechanistic An org. design that is tightly controlled
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Organic An org. design that is highly adaptable and flexible
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HUMAN RESOURCE MANAGEMENT
Why it is important?
Source of a competitive advantage (HR creates superior shareholder value)
Important strategic tool (treat employees as partners)
Improves org. performance (lead to high org. performance)
Human Resource planning
HRP – ensuring that the org. has the right number and capable people in the right places and at the right times. Includes two steps
Assess current HR
Meet future HR needs (org. needs/strategies)
Job specification – a written statement of the min qualifications that a person must possess to perform a given job successfully
Job description – statement that describes a job
Job analysis – assessment that defines jobs and behaviours needed to perform them
Recruitment and Decruitment
Recruitment – locate. Identify and attract capable applicants. Recr. Approaches differ from one company to another.
Sources:
Internet
Employee referrals
Company web cite
College recruiting
Professional recruiting org’s.
Decruitment – reducing an org-‘s workforce. It is never easy process.
Sources:
Fining
Layoffs
Attrition
Transfers
Reduced workweeks
Early retirements
Jib sharing
Selection- screening job applicants to ensure that the most appropriate candidates are hired
Realistic Job preview – a preview of a job that provides both positive and negative info about job/company
Orientation – introducing new employee (unit orientation/org. orientation – both familiarise employee)
Types of selection:
Valid
Reliable
“quality of fill” (втавь рисунок когда принимать когда отказыать селекшн)
Selection tools:
Application forms
Written tests
Perfomance simulation tests
interviews
background verification
physical examination
Employee performance management
Performance management system – establishes performance standards that are used to evaluate employee performance. How to evaluate it? appraisal methods:
written essay (description of employee strengths/weaknesses)
critical incident (focus on the critical behaviours)
Graphic rating Scale (evaluate factor separately assigning weights)
BARS (use of rating factor scale)
Multiperson comparison (employee compared to others)
MBO (how well employee accomplish specific goals)
360 degree (co – worker feedback evaluation)
Training:
As jobs demands change, employee skills have to change ether and managers are responsible for it which types of techniques to use to train
Types of training:
General – incl. Communication skills, computer skills, cust.service, supervisory skills etc
Specific – creativity, leadership, product knowledge, ethics, safety skillsetc
Traditional Training methods:
On the job, Job rotation, mentoring and coaching, experimental exercises, classroom lectures.
Technology – based training:
Video conferences, DVD videos, internet, etc.
Compensation and benefits:
Compensation system reflects the changing nature of work in order to keep people motivated.
Compensation is determined by:
Geographical location
Management philosophy
Profitability/size of company
Time employee is employed
Kind of job performed
Kind of business company is in (unions????)
Labour or capital intensive
Also determine compensation by:
Skill based pay (for skills demonstration)
Variable pay ( for contigent on performance)
Career development (just read that bullshit slides, you do not have to learn alina)
GROUPS AND TEAMS
Group – two or more interacting and interdependent individuals who come together to achieve specific goals
Formal groups: their work is defined by org. structure
Informal groups: independently formed and cooperate
Stages for group development:
Forming (joining, finding purpose of joining)
Storming (intragroup conflict)
Norming (cohesiveness, close relationship)
Performing (works on group task)
Adjourning (wrapping up activities)
Group Structure:
Role – expected behaviour of group position
Norms – standards shared among members
Groupthink – conform others opinions by putting pressure on one
Status – rank, prestige
Social loafing – expend less effort
Group cohesiveness – members are attracted to one another group productivity
Advantages of group working: Disadvantages:
+ generate more knowledge - time consuming
+ experience diversity - undermine critical thinking
+ solution acceptance can harm final solution quality
Conflict management:
Conflict – interference or opposition which leads to misunderstandings
Tradition conflict view – conflict must be avoided
HR view – it is nature, ok
Functional conflict – conflicts which support group goals
Dysfunctional conflicts – prevent from goals achievement
Task conflict – conflict over content
Relationship conflict – based on interpersonal relations+
Process conflict – how to get work done?
Steps in conflict management:
Avoidance
Accommodation
Forcing
Compromise
Collaboration
Work teams
WT – groups with members sharing specific goal, positive synergy, complementary skills.
Type of teams:
Problem solving
Self managed
Cross functional
Virtual
Advantages of using teams:
+ outperform individuals
+ employee talents
+ flexible
+ quickly refocused
Effective teams
+ clear goals understanding
+ relevant technical skills
+ mutual trust
+ unified commitment
+good communication skills
+ appropriate relationship
ORGANIZATIONAL BEHAVIOUR
Org.Behaviour – the study of peoples’ actions at work
Org. is like an iceberg Visible aspects all this shit in above/ invidible aspects are hidden shits (attitudes, relations)
Org. behaviour
-explains
- predicts
- influences
Employee productivity, turnover, OCB, job satisfaction, workplace effectiveness.
Personality – combination of emotional, thought, behavioural traits that affect persons’ reactions.
Approaches to describe personality:
Big five model – pers. trait model that includes extraversion, agreeableness, conscientiousness, emotional stability, openness to experience.
MBTI (Myers Briggs type indicator) Extravert/Introvert, Sensing/Intuition, Thinking/Feeling, Judging/Perceiving. How can it help managers? – show the way people behave, match to specific job type.
Other traits:
Locus of control – people believe they control their own destiny
Risk taking – difference in willingness to take risks
Self- esteem – like/dislike himself
Self – monitoring – ability to adjust behaviour
Machiavellianism – to which extent: maintain emotional distance…”if it works, use it”
Emotional intelligence:
Emotions – feeling towards someone or smth
6 universal emotions:
Anger
Fear
Sadness
Happiness
Disgust
Surprise
Emotional intelligence – ability to notice/manage emotions and info. Certain jobs require a high degree of social interaction.
Includes:
Self awareness
Self management
Self motivation
Empathy
Social skills
Attribution theory:
Perception – a process by which we give meaning to our environment by interpreting impressions.
The theory suggests when we observe a individuals’ behaviour we attempt to determine whether it was internally or externally occurred.
Internally caused: under ind. Control
Externally caused: due outside factors
The determination of behaviour depends on 3 factors:
Distinctiveness (perform different behaviour in different situations)
Consensus (similar situation, similar responses)
Consistency (does the person responds the same way over time?)
COMMUNICATION
Communication – understanding of meaning and transfer
Interpersonal communication – communication between 2 or more
Org. Communication – patterns of communication within org.
Nonverbal communication – transmitted without words (body language)
Verbal communication – emphasis given to the words/phrases