Business - management and change

cropion line Studies HSC Topic 1: Business Management and Change Management exercises: 1.Interpersonal role: dower relating to pile inside and distant the organization. Managers moldiness communicate with the heap around them. Negotiating and compromising with all(prenominal) stakeholders. 2.Informational role: Access to info. through with(predicate) setting up a MIS (Management Info. System). Organize the info and watch out up it on to the relevant people. Act as a spokesman to the public. 3.Decisional role: choices have to be made by managers. They playact as disturbance handlers, negotiators and resource allocationers. Skills of management: People skills: the ability to communicate, hash out, tow and delegate. They essential have profound listening skills, provide feedback, corrective skills. Managers must have strategic thinking, vision, flexibility and adaptability to change. Must be self-managing, teamwork, mellow personal standards and honest. Responsibility to Stakeholders: Internal: Shareholders: * defer dividends *Keep them informed *Be ethical/moral Employees: * go away full on the job(p) environment *Reasonable wage External: Government: *Abide by the laws * even off tax * uptake Australian products/services *Employ Australian citizens. Customers: *Provide safe product/service *Warrantee *Instructions/ingredients *Fair/ logical price Suppliers/creditors: *Pay on time *Provide feedback *Notify if you cant contain them *Abide by legal injury and conditions Society: *Provide employment *Provide goods/services *Be responsible in utilize resources - future generations Environment: *Waist management *Recycle * maturate sustainability Reconciling conflicts of interest Conflicts exist amid stakeholder and resolutions must be negotiated by management 1.

Employee vs Shareholders: Shareholders indispensability increase do good however employees want increasing wages Resolution: negotiate wages. Give the employees the election of worthy shareholders. 2. Environment vs profit: Being environmentally responsible cost money Resolution: Recycle. practise it as a merchandising strategy. Management Theories: Classical Scientific: *Autocratic *hierarchical - pyramid * component of labour *Specialisation *Focus on planning, organizing and controlling * depute centered *From top pass communication StrengthsWeaknesses Increased productivityBoredom resulting from exertion line approach Emphasis on promoting readiness and waist productionNeglects the... If you want to trace a full essay, company it on our website: Ordercustompaper.com

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