Introduction to Management

Introduction to Management

"Would I rather be feared or loved? Easy – both. I want people to be afraid of how much they love me." - Michael Scott

What is Management

“Management is essential for an organized life and necessary to run all types of management. Good management is the backbone of successful organizations. Managing life means getting things done to achieve life’s objectives and managing an organization means getting things done with and through other people to achieve its objectives.” (Managementstudyhq.com)

Operating a Business

It’s one thing to start a business; it takes more to keep it operating. Businesses have to manage: 

• Resources

• Time

• Risk

• Talent

• Projects

• Products/Services

• Legal/Compliance

• Finances

• Operations

• Strategy

• Information technology

• Marketing and branding

• Customer service

• Expectations
  

What Managers do

“I knew exactly what to do. But in a much more real sense, I had no idea what to do.” 

- Michael Scott

Management is responsible for overseeing and controlling all aspects of a business. They are responsible for ensuring that workers under their management get done. They establish goals, hire employees, evaluate employee performance, train employees, determine the work that needs to get done, assign tasks, create and oversee business processes, and make decisions.

Types of Managers

• Project Manager

• Product Manager

• Sales Manager

• Marketing Manager

• Human Resource Manager

• Operation Manager

• Risk Manager

5 elements create an organizational structure:

Businesses use a diagram known as an organizational chart to show how its organization is structured and which jobs report to which managers.

• Job design

• Departmentation - How an organization structures jobs to coordinate work

• Delegation - Determining who does what

• Span of Control - Number of people who report to a manager

• Chain of Command - The line of authority

Apply it to your Spirit Box Team Roles

Someone will need to be responsible for the overall operation of your new automated retail business. This could be the adviser or a responsible student who can be trusted to lead the efforts required to run a business. 

Duties of a Spirit Box Manager:

• Facilitate the team from daily/weekly team meetings to planning and goal setting.

• Drive the team to find consensus on decisions.

• Be the first point of contact with school administration.