University:
York University
Course:
ADMS 2541 | Introduction to Personal Finance
Academic year:

2021
Views:

67

Pages:

2
Author:

Niklas

CHAPTER 2 - Management Scientific management uses standardization, specialization, scientific experiments to design jobs for greater efficiency, production. Administrative Theory: Integrated set of ideas to organize work, positions, departments, supervisor-subordinate relation, hierarchy, and span of control to design an organization. Creator believed to be flexible. Division of work - Separated into specialized tasks. Specialization - Width of range of tasks done by EE or dept. Coordination - Connecting individual tasks, activities, jobs, depts., people to work together toward common goal. Authority - Power formally given to position to make decisions & direct subordinates. [Organizational Chart] Board of Directors Pres/CEO Secretary Med Director Finance Acct Treasurer Other Patient Care Nursing PT Other Administration Marketing HR Other •Line of Authority= BOD CEO Med Director Patient Care •Human Relations Bused on psychology "sociology that considers employees' Feelings behaviors, especially in groups •Bureaucratic Based on authority not personal relationships Mintzberg 10 Managerial Roles Role Type Action Healthcare Example Figurehead Interpersonal Symbolically representing one's own organization for work unit) at ceremonial and social events Appearing at a ground- breaking ceremony for a new healthcare building Leader Interpersonal Developing, motivating. overseeing, and leading subordinate employees to achieve goals Telling employees that with more teamwerk. the cancer center could improve survival rates Liaison Interpersonal Connecting one's own organi zation (or werk unit) to other organizations and people outside one's own chain of command Meeting monthly with the city's youth sports council Monitor Informational Gathering and using informa- tion internal and external) to know what is happening Analyzing opioid addic tion rates based on zip codes and ages Disseminater Informational Sharing information with oth ers in one's own organization (or work unit) Posting names and job titles of new employ ees on the company's Intranet Spokesperson Informational Sharing information with others outside one's own organization (or work unit) Speaking at a college job fair about plans to increase employment Entrepreneur Decisional Changing, adapting, and Improving the organization (or work unit) In a personal fitness business, adding evening yoga classes Disturbance handler Decisional Taking care of problems and uriexpected events Arranging extra staffing in the emergency depart- ment after a nearby bus accident Resource allocator Decisional Distributing and assigning organizational resources A Budgeting funds to cre ate virtual reality tours of the facility Negotiator Decisional Working with others to reach agreements and settle disputes Meeting with a labor union to agree on wages for next year *No Single best way to organize all depends