Management

Vocabulary notes

		to allocate resources — распределять, выделять ресурсы
		to be appointed to the position — быть назначенным на должность
		company organizational structure — организационная структура компании
		to delegate authority — передавать полномочия
		department — отдел
		direction and supervision — руководство
		duties and responsibilities — должностные обязанности
		employee — наемный работник, сотрудник
		to evaluate alternative plans — оценивать альтернативные планы
		executive — исполнительное лицо
		to have authority — иметь полномочия
		to hold a position — занять должность
		to make decisions — принимать решения
		management hierarchy — иерархия управления компанией
		ongoing communication — постоянное общение
		promotion ladder — карьерная лестница
		to set objectives — ставить задачи, намечать цели
		span of management — объем управления
		subordinate — подчиненный
		top officers — управленцы высшего звена

Read the text. Give Russian equivalents to the underlined words and word combinations.

Management Functions

Management plays a vital role in any business or organized activity. Management is composed of a team of managers who have charge of the organization at all levels. Their duties include making sure company objectives are met and seeing that the business operates efficiently. Regardless of the specific job, most managers perform four basic functions. These management functions are planning, organizing, directing, and controlling.

Planning involves determining overall company objectives and deciding how these goals can best be achieved. Managers evaluate alternative plans before choosing a specific course of action and then check to see that the chosen plan fits into the objectives established at higher organizational levels. Planning is listed as the first management function because the others depend on it.

Organizing, the second management function, is the process of putting the plan into action. This involves allocating resources, especially human resources, so that the overall objectives can be attained. In this phase managers decide on the positions to be created and determine the associated duties and responsibilities. Staffing, choosing the right person for the right job, may also be included as part of the organizing function.

Third is the day-to-day direction and supervision of employees. In directing, managers guide, teach, and motivate workers so that they reach their potential abilities and at the same time achieve the company goals that were established in the planning process. Effective direction, or supervision, by managers requires ongoing communication with employees.

In the last management function, controlling, managers evaluate how well company objectives are being met. In order to complete this evaluation, managers must look at the objectives established in the planning phase and at how well the tasks assigned in the directing phase are being completed. If major problems exist and goals are not being achieved, then changes need to be made in the company's organizational or managerial structure. In making changes, managers might have to go back and replan reorganize and redirect.

In order to adequately and efficiently perform these management functions, managers need interpersonal, organizational, and technical skills. Although all four functions are managerial duties, the importance of each may vary depending on the situation. Effective managers meet the objectives of the company through a successful combination of planning, organizing, directing, and controlling.

■ Ex. 1. Answer the following questions based on the text.

1. How many functions do most managers perform?

2. Why is planning listed as the first management function?

3. What is necessary to be an efficient manager?

4. What is meant by reorganizing and redirecting?

■ Ex. 2. Refer to the text to help you to complete the outline.

Management functions.

A. Planning (= determining overall company objectives and how to achieve them)

1. Managers:

1. evaluate alternative plans before ______________________

2. check ___________________________________________

2. Planning is first because _______________________________

3. It continues _________________________________________

B. Organizing (= __________________________)_________________

1. Involves ___________________________________________

2. Managers:

1. decide on ________________________________________

2. choose the right person for the right job (= ______________

■ Ex. 3. Read the dialogue. Translate it into Russian.

Barbara: Tell me a few words about your boss. What does he do?

Ann: Well, he is one of the vice presidents of the company, so he's rather important. He is an executive.

Barbara: Do you know the difference between an executive, a manager and an administrator?

Ann: I am afraid, I can hardly tell you the difference. I think these words are interchangeable and they really aren’t different in many companies.

Ann: I'd say he makes a lot of important decisions. He sets objectives, coordinates work, delegates authority, makes hiring, firing, evaluating and just general leading.

Barbara: It seems to be important.

Ann: It is important. It's evident that making careful decisions is the basis of good management.

Barbara: But do you work under much pressure?

Ann: Barbara, you know I am quite used to working under pressure from my last job. I am also accustomed to lots of paper work and red tape.

Barbara: Good for you.

Ann: And what's more important I feel that I can learn a lot because my boss is very competent.