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Management Principles - 2012 Book Archive PDF

720 Pages·2012·12.04 MB·English
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Management Principles v. 1.0 This is the bookManagement Principles(v. 1.0). This book is licensed under aCreative Commonsby-nc-sa 3.0(http://creativecommons.org/licenses/by-nc-sa/ 3.0/)license. See the license for more details, but that basically means you can share this book as long as you credit the author (but see below), don't make money from it, and do make it available to everyone else under the same terms. This book was accessible as of December 29, 2012, and it was downloaded then by Andy Schmitz (http://lardbucket.org)in an effort to preserve the availability of this book. Normally, the author and publisher would be credited here. However, the publisher has asked for the customary Creative Commons attribution to the original publisher, authors, title, and book URI to be removed. Additionally, per the publisher's request, their name has been removed in some passages. More information is available on this project'sattribution page(http://2012books.lardbucket.org/attribution.html?utm_source=header). For more information on the source of this book, or why it is available for free, please see the project's home page (http://2012books.lardbucket.org/). You can browse or download additional books there. ii Table of Contents About the Authors................................................................................................................. 1 Acknowledgments................................................................................................................. 3 Dedications............................................................................................................................. 6 Preface..................................................................................................................................... 7 Chapter 1: Introduction to Principles of Management............................................... 10 Who Are Managers?.....................................................................................................................................13 Leadership, Entrepreneurship, and Strategy............................................................................................19 Planning, Organizing, Leading, and Controlling......................................................................................27 Economic, Social, and Environmental Performance................................................................................33 Performance of Individuals and Groups....................................................................................................39 Your Principles of Management Survivor’s Guide...................................................................................45 Chapter 2: Personality, Attitudes, and Work Behaviors ............................................ 59 Personality and Values................................................................................................................................62 Perception.....................................................................................................................................................80 Work Attitudes.............................................................................................................................................88 The Interactionist Perspective: The Role of Fit........................................................................................94 Work Behaviors............................................................................................................................................97 Developing Your Positive Attitude Skills................................................................................................111 Chapter 3: History, Globalization, and Values-Based Leadership.......................... 113 Ancient History: Management Through the 1990s.................................................................................115 Contemporary Principles of Management..............................................................................................123 Global Trends..............................................................................................................................................129 Globalization and Principles of Management.........................................................................................137 Developing Your Values-Based Leadership Skills..................................................................................143 Chapter 4: Developing Mission, Vision, and Values.................................................. 149 The Roles of Mission, Vision, and Values................................................................................................152 Mission and Vision in the P-O-L-C Framework.......................................................................................157 Creativity and Passion...............................................................................................................................165 Stakeholders...............................................................................................................................................176 Crafting Mission and Vision Statements.................................................................................................183 Developing Your Personal Mission and Vision.......................................................................................191 iii Chapter 5: Strategizing.................................................................................................... 201 Strategic Management in the P-O-L-C Framework................................................................................204 How Do Strategies Emerge?......................................................................................................................213 Strategy as Trade-Offs, Discipline, and Focus.........................................................................................217 Developing Strategy Through Internal Analysis....................................................................................228 Developing Strategy Through External Analysis....................................................................................240 Formulating Organizational and Personal Strategy With the Strategy Diamond..............................252 Chapter 6: Goals and Objectives..................................................................................... 261 The Nature of Goals and Objectives.........................................................................................................263 From Management by Objectives to the Balanced Scorecard...............................................................268 Characteristics of Effective Goals and Objectives...................................................................................277 Using Goals and Objectives in Employee Performance Evaluation......................................................284 Integrating Goals and Objectives with Corporate Social Responsibility..............................................291 Your Personal Balanced Scorecard..........................................................................................................299 Chapter 7: Organizational Structure and Change...................................................... 306 Organizational Structure..........................................................................................................................308 Contemporary Forms of Organizational Structures...............................................................................317 Organizational Change..............................................................................................................................322 Planning and Executing Change Effectively............................................................................................334 Building Your Change Management Skills..............................................................................................341 Chapter 8: Organizational Culture................................................................................ 343 Understanding Organizational Culture...................................................................................................345 Measuring Organizational Culture...........................................................................................................349 Creating and Maintaining Organizational Culture.................................................................................358 Creating Culture Change...........................................................................................................................374 Developing Your Personal Skills: Learning to Fit In...............................................................................379 Chapter 9: Social Networks............................................................................................. 382 An Introduction to the Lexicon of Social Networks...............................................................................385 How Managers Can Use Social Networks to Create Value.....................................................................391 Ethical Considerations with Social Network Analysis............................................................................403 Personal, Operational, and Strategic Networks......................................................................................411 Mapping and Your Own Social Network..................................................................................................418 iv Chapter 10: Leading People and Organizations.......................................................... 425 Who Is a Leader? Trait Approaches to Leadership.................................................................................428 What Do Leaders Do? Behavioral Approaches to Leadership................................................................434 What Is the Role of the Context? Contingency Approaches to Leadership.........................................439 Contemporary Approaches to Leadership...............................................................................................449 Developing Your Leadership Skills..........................................................................................................464 Chapter 11: Decision Making.......................................................................................... 468 Understanding Decision Making..............................................................................................................470 Faulty Decision Making.............................................................................................................................486 Decision Making in Groups.......................................................................................................................491 Developing Your Personal Decision-Making Skills.................................................................................499 Chapter 12: Communication in Organizations ........................................................... 501 Understanding Communication...............................................................................................................503 Communication Barriers...........................................................................................................................509 Different Types of Communication..........................................................................................................522 Communication Channels.........................................................................................................................530 Developing Your Personal Communication Skills..................................................................................541 Chapter 13: Managing Groups and Teams................................................................... 546 Group Dynamics.........................................................................................................................................548 Understanding Team Design Characteristics..........................................................................................559 Organizing Effective Teams......................................................................................................................574 Barriers to Effective Teams.......................................................................................................................581 Developing Your Team Skills....................................................................................................................584 Chapter 14: Motivating Employees ............................................................................... 586 Need-Based Theories of Motivation.........................................................................................................589 Process-Based Theories.............................................................................................................................598 Developing Your Personal Motivation Skills..........................................................................................619 Chapter 15: The Essentials of Control .......................................................................... 622 Organizational Control..............................................................................................................................624 Types and Levels of Control......................................................................................................................635 Financial Controls......................................................................................................................................641 Nonfinancial Controls................................................................................................................................651 Lean Control...............................................................................................................................................659 Crafting Your Balanced Scorecard...........................................................................................................666 v Chapter 16: Strategic Human Resource Management .............................................. 672 The Changing Role of Strategic Human Resource Management in Principles of Management........675 The War for Talent.....................................................................................................................................682 Effective Selection and Placement Strategies.........................................................................................688 The Roles of Pay Structure and Pay for Performance............................................................................695 Designing a High-Performance Work System.........................................................................................702 Tying It All Together—Using the HR Balanced Scorecard to Gauge and Manage Human Capital, Including Your Own...................................................................................................................................709 vi About the Authors Mason Carpenter Mason A. Carpenter (Ph.D., 1997, UT Austin) is the M. Keith Weikel Professor of Leadership in UW Madison’s Wisconsin School of Business. He is responsible for the MBA and Executive MBA courses in business, corporate, and global strategy, and the curriculum offered through Wisconsin’s Strategic Leadership Institute. He is coauthor ofStrategic Management: A Dynamic Perspective, second edition, with Dr. Gerry Sanders and published by Prentice Hall. His research concerns corporate governance, top management teams, social networks, and the strategic management of global start-ups, and is published widely in top management and strategy journals. He is Associate Editor of theAcademy of Management Reviewand the Strategic Management Area Editor forBusiness Expert Press, and serves on a handful of editorial boards. His teaching accomplishments include MBA Professor of the Year, notoriety as one of the two most popular professors in severalBusiness WeekMBA program polls, the Larson Excellence in Teaching Award from the School of Business, and, most recently, a Distinguished Teaching Award from the University of Wisconsin–Madison. Talya Bauer Talya Bauer (Ph.D., 1994, Purdue University) is the Gerry and Marilyn Cameron Professor of Management at Portland State University. Dr. Bauer is an award- winning teacher who specializes in teaching organizational behavior, management, power and influence, and negotiations, as well as training and development at the graduate and undergraduate level. She conducts research about relationships at work. More specifically, she works in the areas of leadership, selection, and new employee onboarding, which have resulted in dozens of journal publications. She has acted as a consultant for a variety of government, Fortune 1000, and start-up organizations. Dr. Bauer is involved 1 About the Authors in professional organizations and conferences at the national level, such as serving on the Human Resource Management Executive Committee of the Academy of Management and SIOP Program Chair and member-at-large for SIOP. She is the editor ofJournal of Managementand is on the editorial boards for theJournal of Applied PsychologyandIndustrial and Organizational Psychology: Perspectives on Science and Practices, was recognized as one of the most published authors of the 1990s, and is a Fellow of SIOP and APS. Berrin Erdogan Berrin Erdogan (Ph.D., 2002, University of Illinois at Chicago) is the Express Employment Professionals Endowed Professor at Portland State University. Dr. Erdogan is an award-winning teacher who teaches management, organizational behavior, and human resources management. Her research interests focus on individual attachment to organizations through fairness, leader-subordinate relations, contextual factors such as organizational culture, and person- organization fit. Her work has been published in journals such asAcademy of Management Journal,Journal of Applied Psychology, andPersonnel Psychology. She has conducted managerial seminars on the topics of motivation, organizational justice, performance appraisals, and training and development, and has worked as a corporate trainer. She serves on the editorial boards ofJournal of Applied Psychology,Journal of Management,Journal of Organizational Behavior, andPersonnel Psychology. 2 Acknowledgments We want to thank Margaret Lannamann for doing such a great job keeping all the balls in the air, and Jeff Shelstad and Eric Frank for having the vision and persistence to bringUnnamed Publisherinto being and for their faith in us as among the firstUnnamed Publisherauthors. Many thanks, too, to the talented Andrea Meyer, who was an invaluable resource in providing background content for several of our chapters. We also thank Elsa Peterson for her tireless and amazing developmental editing, Brett Guidry for helping to keep everything on track, and Sharon Koch and Evelyn Forte for their expertise and contagiously positive perspectives. We further thank Dean Scott Dawson and Portland State University, and Michele Yoder and the University of Wisconsin–Madison for supporting our work. We would also like to thank the following colleagues whose comprehensive feedback and suggestions for improving the material helped make this a better text: Erin Atchley, University of Tennessee at Knoxville Laura Bulas, Central Community College Val Calvert, San Antonio College Sylvia Charland, Fitchburg State College Dexter Davis, Niagara University Matt DeLuca, Baruch College Charles Englehardt, St. Leo University Jeff Fahrenwald, Rockford College Carolyn Fausnaugh, Florida Institute of Technology Don Furman, SUNY New Paltz/SUNY OCCC 3 Acknowledgments Shelly Gardner, Augustana College Hugh Graham, Loras College Bruce Gillies, California Lutheran University Susan Greer, Horry-Georgetown Technical College Dewey Hemphill, Crichton College Kirk Heriot, Columbus State University Betty Hoge, Bridgewater College Gerald Hollier, University of Texas at Brownsville Kathleen Jones, University of North Dakota Claire Kent, Mary Baldwin College Daniel Kent, Northern Kentucky University Anita Leffel, The University of Texas at San Antonio Damian Lonsdale, University of South Dakota Daniel Morrell, University of South Carolina Francine Newth, Providence College Roy Pipitone, Erie Community College Michael Provitera, Barry University Linda Sargent, University of Texas Pan American 4

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Chapter 1: Introduction to Principles of Management. Formulating Organizational and Personal Strategy With the Strategy Diamond . ..252.
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