Showing posts with label Management functions. Show all posts
Showing posts with label Management functions. Show all posts

Thursday, September 17, 2009

Why do Management Roles need Decision Support?

Decision support = helping managers make better decisions.

  • A wrong decision can have far-reaching consequences.
  • No one person can remember (and recall) everything
  • Frequently some form of calculating will be necessary
  • A decision may be needed urgently
What form of support is needed?

Information that…
  • is accurate
  • is up-to-date
  • is easy to assimilate
  • is relevant
  • has quick and easy access to specific records

Managerial Roles & Mintzberg’s 10 Management Roles

  • Interpersonal
  • Informational
  • Decisional
Interpersonal
  • Figurehead
  • Leader
  • Liaison

Informational
  • Monitor
  • Disseminator
  • Spokesperson
Decisional
  • Entrepreneur
  • Disturbance Handler
  • Resource Allocation
  • Negotiator

Management functions

Management as an ‘interface of responsibility’ between a business unit / group / team and other business units or the business’ external environment.

The manager holds the responsibility for the performance of the business unit.

Management functions include:
  • Receipt of requirements and interpretation of these into performance targets and schedules.
  • Allocation of human and non-human resources.
  • Monitoring of performance and behaviour.
  • Improving performance and behaviour.
  • Collection, summarising and reporting of performance measures.
  • Troubleshooting
  • Others ??