Managerial Skills PDT
Managerial Skills PDT
ENTERPRISE
Duties and functions of management
An entrepreneur in an enterprise has to perform certain management function
properly and objectively in order to steer that enterprise to prosperity. Before
looking at the key management functions, it is important to understand what
management means.
What Then Is Management?
In very simple terms, Management means, “to be in –charge” of drawing up and
implementing programs that achieve success continuously.
Every entrepreneur who ventures into business has certain functions which he or
she must perform orderly and correctly in order for business to run smoothly and
profitably. These functions are called Management function.
Planning
The most important function of a Manager is PLANNING.
This is not to say the other functions are not important. They are equally important
but planning becomes very critical because it is the starting point for the
manager whether in a micro, small, medium or large enterprise. For large
enterprises, their financial capacity allows them to employ specialized Managers
in various fields such as Human Resources, Finance, Production and Operations,
etc.But for Micro Small Enterprises the Management in most cases is in the hands
of the owner who must perform all key functions alone. This makes planning a very
critical ingredient in the success of an enterprise.
In very simple terms, planning maybe defined using the famous 5 Ws and 1H.
Planning is therefore the process of deciding WHAT should be done; WHEN it
should be done; WHERE it should be done; WHY it should done; WHO should do it
and HOW it should be done. Going by the above 5Ws and 1H planning involves
looking critically at the following:-
In order for him to put in place contingency factors for the uncertainties in
future In order for him to explore all possible alternatives available to him
and pick the Best
In order for him to understand the environment in which he is going to
operate from, so that he is ware of his obligations, any threats and
opportunities.
Organizing
It is generally accepted that planning is the most complicated and
involving
functions of a manager. After planning, the rest of the functions become
Rather routine and straightforward.
After planning, the manager is now required to organize all recourses for
proper
Implementation of the plan.
Organizing is simply charting out an organizational structure or
arrangement which
Stipulates who will do what, when, how, where and why.
Here is an example of a simple organizational structure for small scale
farm:-
MARKETING
OFFICER FARM SUPERVISOR PROCUREMENT OFFICER FARM
WORKERS
SECURITY
GUARDS
A close look at the above chart shows you that when there is some form of
organization in a business, it is easy to trace a mistake and/or anomaly because
everybody knows what is expected of them, where, how when and why and who
to report to. When there is no organized way of doing things, manager may not
know for instance, where the problem is, who caused it, how it was caused and
when it was caused. But where the manager performs the functions of organizing,
there is always a co-coordinated way of doing things in such away that a
common goal is achieved, which in business involves effective, efficient and
profitable operations.
Motivation
Where employees are putting in their best but management is not creating a
highly motivation environment, the following may result:-
Increase cases of theft and pilferage
Low morale and lack of interest among workers
Low productivity and poor quality products/services resulting in poor sales and
low or no profits
Directing (coaching)
Coordinating
Just like in Directing above, the manager has to coordinate the different functions
of his enterprise s different departments to ensure that all departments are bent
on achieving a common goal .It is the function of a manager in a restaurant for
example, to ensure that the one who buys supplies has bought the right type and
those who prepare the meals may require right quantities of supplies as. And
those who meals must have them ready in the right quality and quantity, at the
right time as may be required by those serving customers.
Controlling
Another critical and important function of a manager is to control all the activities
within the enterprise to insure that mistakes are corrected and any devaluation
from the original plan is checked. In control, the manager insures that the
enterprise is always flowing the path originally made and reviewing progress to
incorporate new ideas and discard outdated ideas, if any. All these aspects that
have been discussing in this presentation may be best summarized in what is
referred to as a business plan.
Leadership skills
What is leadership?
Types of Leadership
Democratic style:
This involves high relationship and low task behavior as the decision making
process is participatory and shared between leader and the subordinates
through two-way communication and more facilitating behavior from the leader.
The leader uses subordinates ideas and opinions constructively. Criticism and
praise are given constructively. When a leader is forced to make a decision alone
depending on the situation, he explains to the group.
Laissez-faire:
This entails low relationship and low task behavior as the decision making process
is characterized by delegating so as to let the subordinates “run their show”. The
leader delegates as the subordinates are high in readiness, being both willing and
able to take responsibility for directing their own behavior.