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Essays on The Practice of Management by Peter F. Drucker
theories of operations management
what role does a manager play
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In today’s competitive landscape, organizations must utilize every resource to its fullest in order to achieve profitability. Peter F. Drucker, who is known as “the founding father of the discipline of management”, informs us that employees are assets, which should be treated as a company’s most valuable resource. The key players involved in utilizing this valuable resource are the managers of a company. Managers have a vital role in a company and the effort they put forth into their tasks and responsibilities will directly affect the success of a company. In Drucker’s book Management: Tasks, Responsibilities, Practices (Revised Edition), he explains the role of a company’s management team and the secrets to becoming a great manager.
A company is held together by the managers, they are the link between the employees working in the factories and top of the corporate chain. A manager’s main purpose, according to Drucker, is to produce economic results. These economic results are not only measured by a company’s profit, but by a company’s contribution to society. What general operations does a manager do to increase or decrease these economic results? Drucker explains that the first job of a manager is to set objectives. They develop the goals of the company and determine what needs to be done in order to reach these objectives. Other operations include organizing, motivating, communicating, and developing themselves as well as the employees.
These oporations tie directly into what Drucker explains are the dimensions of magnagement. He defines these dimentions by three main tasks, or rather responsibilities, that a manager must evenly appliy in order to have a chance of success. The first responsibility of a manage...
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...ested (215). If one cannot turn the elimination of an impact into a business opportunity then the management must develop an appropriate regulation in order to achieve the best trade-off between the costs and benefits of eliminating that social impact. Society depends on the company to regulate impacts and take care of any negative outcomes.
Peter Drucker’s book is a very thorough description of many of the concepts necessary for effective management. The three management tasks that Drucker explains are basic, yet they are highly valuable for managing any type of institution. His writing shows evidence not only of his careful consideration of the past and present management techniques, but a keen effort to see into the future. Just like a great manager, his message is clear and well prepared and he wants his audience to be motivated to take on the future.
According to Brad the characteristics of management that contribute to success can be broken into six categories. The first one being a...
... The Practice of Management. In P. F. Drucker, The Practice of Management. New York: Harper & Row.
For this particular project I selected a topic covered in one of the chapters in the book, “The Exceptional Manager” in chapter one and show how this topic is illust...
Murray and Dicroce (2003) suggest that management is a process that uses resources to achieve specific goals effectively; basic management functions including planning, organising, coordinating, directing and controlling. The term of manager can be appointed to the person to plan, organise, coordinate, supervise, negotiate, evaluate and use resources available in the best way possible to achieve the best service. Alternativ...
3.3 Explain how a manager 's role contributes to the achievement of an organization’s vision, mission and
The first function of management is planning. "Planning is systematically making decisions about the goals and activities that an individual, a group, a work unit, or overall organization will pursue." (Bateman & Snell) In my organization, planning takes up the most time. Objectives must be laid out, potential products must be examined and the timing and type of marketing must all be planned out before we provide our product to our customers. This function should be first and foremost to all individuals involved in the organization. Poor planning will result in your organizations demise.
Richard E.Boyatzis, The competent manager: A model for effective performance (John Wiley & Sons, Inc. 1982), PP.190-191
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization.
Management is not just about making decisions, watching over employees, and bossing others around. Good management result is satisfied customers, who provide better customer service. In order for new managers to be successful they need to be about to have good communication, human skills, and ability to motivate others. The ability to do these skills effectively makes a big difference in a manager and the company’s overall success. Companies depend on managers to fulfill skills and knowledge to help their company excel. The knowledge managers need to possess is technological inclined and globalization. Effective management can enhance a company’s performance by contributing to employees and customer satisfaction, productivity, development (Noe, Hollenbeck, Gerhart, & Wright, 2010).
function, managers need to analyse how activities and resources are to be grouped and carry out plans successfully (Bartol 2007). A manager have to understand their ability to manage the lower level employee which is the most valuable of the company as they are the key of output and implement in the planning. Then manager will coordinate the jobs between authority and responsibility that is to define the role position of them (MSG 2012).
In these organizations, managers mainly are responsible to supervising the work performance of the group members and deciding the use of resources to achieve the organization¡¦s goal.
Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager’s face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.
Management is vital for any organisations regardless of the size and the types of the organisations. In general, management is defined as “the application of planning, organizing, staffing, directing, and controlling functions in the most efficient manner possible to accomplish meaningful organizational objectives.” (John M. Ivancevish and Thomas N. Duening, 2007)