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DAVAO CHONG HUA HIGH SCHOOL

(Formerly: Davao Chinese High School)


Sta. Ana Ave. cor. J. P. Laurel Ave., Davao City

SENIOR HIGH SCHOOL UNIT


Accountancy, Business, and Management (ABM) Strand

UNIT 1. Nature of Concept of Management

Lesson 1. Definition and Function of Management

CASE:

Ms. Chong has been working with Ini Whan Corporation for the past five years
as a market researcher. Mr. Huan, the vice president for Marketing Department,
carefully noted her exemplary work performance over the past years. Mr. Huan
thinks that he should promote Ms. Chong as marketing manager for their department.
He told Ms. Chong of his plans to nominate her as manager. He also asked her if
she would be willing to accept it.
Ms. Chong became agitated and anxious about the news. While she has
performed well in her current job, deep inside, Ms. Chong feels that she is not
prepared to handle the role and responsibilities of a manager. She had no prior
experience of being a manager. She found herself pondering over these questions,
Shall I accept the managerial position? What do I know about being a manager?

Questions:
Is Ms. Chongs career dilemma justified?

What is Management?

Management is a process of planning, organizing, leading, and controlling


resources to achieve a specific objectives.

Planning
Management is a Organizing
process. Leading
Controlling
People
Management uses Money
resources. Materials/Machines
Time
SMART objectives
Management aims to
achieve objectives Perspectives in
Management

DAVAO CHONG HUA HIGH SCHOOL
(Formerly: Davao Chinese High School)
Sta. Ana Ave. cor. J. P. Laurel Ave., Davao City

SENIOR HIGH SCHOOL UNIT


Accountancy, Business, and Management (ABM) Strand

Moving on Planning
to the next
cycle of (starting
POLC phase)

Controlling Organizing

Leading

The Four Management Functions in a cycle.

MANAGEMENT AS A PROCESS

Planning

Planning is defined as the process of identifying the objectives of a task,


assignment, or cause and the corresponding activities to achieve those objectives in
a formal and documented manner.

A work plan is a visual planning tool in a form of a summary table which usually
contains the following information:

1. The objectives
2. The corresponding activities to accomplish the given objectives
3. The persons responsible for doing the identified activities
4. The time frame to accomplish each activities
5. The resources needed.

Example

Objective Activities Person Time Frame Resources


Responsible Required
Conduct a 1. Announce all Head of 01-15-2017 Memo to
team building personnel via Human employees to
for employees intranet the Resource announce the
of ABM, Inc. team Dept. team building

DAVAO CHONG HUA HIGH SCHOOL
(Formerly: Davao Chinese High School)
Sta. Ana Ave. cor. J. P. Laurel Ave., Davao City

SENIOR HIGH SCHOOL UNIT


Accountancy, Business, and Management (ABM) Strand
to be held in building date and place.
Boracay event.
2. Prepare Human 01-15-18, Team building
program of Resource 2017 program duly
activities for Dept. and approved by the
the two-day Marketing company
team Dept. president.
building.
3. Confirm the HRD January 19, List of persons
list of 2017 who confirmed
persons per to attend the
department two-day team
who will building.
attend the
team
building.
4. Make Admin Dept. On or before Budget for
reservations 01-20-17 boracay (room
in Boracay. accommodation,
food, entrance,
etc.)
5. Arrange for Admin Dept. On or before Vehicles to be
transportatio 01-20-2017 used, Gas, etc.
n facilities.
6. Arrange HRD A day before Budget for food
food, training the event and kit.
kits, etc.

Organizing

Organizing is defined as gathering of resources required to carry out the


activities and allocating the effective and efficient use of those resources.

What is the difference between effectiveness and efficiency?


Effectiveness means doing the right things while efficiency means doing
things right.

Leading

Leading is defined as a process which encompasses the following:


Influencing other people to perform the way you wish them to
Directing other people to achieve the desired objectives

DAVAO CHONG HUA HIGH SCHOOL
(Formerly: Davao Chinese High School)
Sta. Ana Ave. cor. J. P. Laurel Ave., Davao City

SENIOR HIGH SCHOOL UNIT


Accountancy, Business, and Management (ABM) Strand
Coordinating the proper implementation of activities
Communicating effectively across various groups; and
Motivating individuals to perform their best.

Controlling

Controlling is defined as monitoring and evaluation of activities undertaken in


relation to the stated objectives. It involves the following:
Identifying the gap (variance) between what was planned and what
was accomplished in terms of quantity and quality of work
Determining the main cause of problems encountered during
implementation
Finding ways to correct those problems
Preventing those problems from recurring; and
Seeking new ways to improve how things will be done in the future.

MANAGEMENT IS USING PROPER RESOURCES

Infrastructure and technology are vital resources in todays business. The


people, however, are the main and most important resource in management.
Because of individual differences, intellectual know how is difficult to duplicate or
imitate. People constitute the best competitive advantage of a business enterprise.

MANAGEMENT AIMS TO ACHIEVE OBJECTIVES

Objectives must be specific, attainable, realistic, and time-bounded.

Specific The objectives should be in a form of sufficient detail such as in terms of


quantity or quality.
Measurable The objectives can be assessed and verified through objective
performance indicators.
Attainable the objectives can be achieved by finding your own ways or strategies.
Realistic The objectives can be accomplished given the current and planned level
of resources that you have.
Time-bounded The objectives can be accomplished within a definite time period.

Management Perspectives

1. Investment Perspective expected economic return or material benefit



DAVAO CHONG HUA HIGH SCHOOL
(Formerly: Davao Chinese High School)
Sta. Ana Ave. cor. J. P. Laurel Ave., Davao City

SENIOR HIGH SCHOOL UNIT


Accountancy, Business, and Management (ABM) Strand
2. Ethical Perspective if the desired objective is morally acceptable or criticized.
3. Individual Perspective if the objectives satisfies employees needs and if it
will develop their full capabilities.

Factors Influencing Management

1. Globalization
2. Technology
3. Sustainability and Corporate Social Responsibility
4. Psychology
5. Business Ecosystem

Lesson 2. Evolution of Management Theories

Management skills have been utilized since ancient times, when tribal leaders
organized hunting and gathering group to acquire resources from nature.

Several
Lesson 3. Functions, roles, and skills of a Manager

References:

Chong, H. (2015). The Evolution of Management. Diwa Publishing House.


Philippines.