Project
Project
of the position they hold. Roles are directed inside as well as outside the [Link] are 3
broad role categories: 1. Interpersonal roles- Interpersonal Roles managers assume to
coordinate and interact with employees and provide direction to the organization. Figurehead
role: Symbolizes the organization and what it is trying to achieve. Leader role: Train, counsel,
mentor and encourage high employee [Link] role: Link and coordinate people
inside and outside the organization to help achieve goals.2) Informational Roles- Associated
with the tasks needed to obtain and transmit information for management of the
[Link] role: Analyses information from both the internal and external
[Link] role: Manager transmits information to influence attitudes and
behaviour of [Link] role: Use of information to positively influence the way
peoplein and out of the organization respond to it.3)Decisional Roles- Associated with the
methods managers use to plan strategy and utilize resources to achieve [Link] Role:
Deciding upon new projects or programs to initiate and [Link] Handler Role:
Assume responsibility for handling an unexpected event or crisis. Resource Allocator Role:
Assign resources between functions and divisions, set budgets of lower [Link]
Role: Seeks to negotiate solutions between other managers, unions, customers, or shareholders.
Q2) approaches to management- 1)Classical approach-Focuses on efficiency and productivity,
and includes scientific management and administrative management. 2)Behavioral approach-
Focuses on human behavior and motivation in the workplace. 3)Quantitative approach-Uses
mathematical and statistical methods to help with managerial decision making. 4)Systems
approach- Views an organization as a system, with its departments as sub-systems that work
together to achieve the organization's goals. 5)Contingency approach-An action-oriented
approach that recognizes there is no single best way to manage. It suggests that managerial
choices should be made based on environmental factors. Other approaches to management
include:1)Scientific management: Uses scientific methods to develop organizational principles
that suit mass production needs. 2)Administrative management: Focuses on organizational
structure and hierarchy. 3)Human relations: Highlights the importance of social and
psychological factors in employee performance and motivation. 4)Maslow's hierarchy of needs:
Helps explain employe motivation.
Q3)Chain of command - A clear chain of command is a fundamental management concept that
helps establish a clear structure and reporting connections within an organization: 1)Clarity- A
clear chain of command helps employees understand who they report to and who to ask for
guidance.2)Efficient decision-making A chain of command allows each level of management to
make decisions within their scope, which can lead to faster reaction times and eliminate
bottlenecks.3)Accountability-A chain of command establishes an accountability system where
employees report to their immediate supervisor, who then reports to higher-level management.5)
Delegation and specialization- A chain of command allows managers to assign specialized
responsibilities to their subordinates, which can increase [Link] management
fundamentals include:1)Unity of command: The principle that employees should receive orders
from only one manager. 2)Centralization: A concept that gives leaders the ultimate control over
decision-making processes. 3)Discipline: A core value for any project or management. 4)
Authority and responsibility: The principle that there should be a proper balance between
authority and responsibility. 5)Remuneration: The price paid for services, or how much an
employee is paid to work for an organization.
Q4) how is the managers job changing importance customers to the- The role of a manager
is changing in many ways, including:1)Prioritizing ESG-Managers are now expected to balance
profit-making with environmental, social, and governance (ESG) goals. This impacts strategic
planning and day-to-day decision-making. 2)Building relationships-Managers are shifting from a
focus on oversight to developing and facilitating relationships across the workplace. This
includes creating a team environment where employees feel connected and supported.
3)Coaching employees-Managers coach employees throughout change, providing training,
information, and support. They may also address barrier points that inhibit successful change.
4)Collaborating internally-The need for direct supervision has decreased, but there is a greater
demand for internal collaboration. 5)Adapting to flexible models-Modern organizations are
embracing more flexible, dynamic models, and managers are shifting from being supervisors to
facilitators. Some areas of improvement for managers include: 1)Communication
skills2)Motivational strategies 3)Setting and achieving goals 4)Employee appreciation
5)Individual support 6)Personal growth 7)Strategic delegation 8)Proactive problem-
solving*Importance-Customers are a vital part of a business's success, and are central to its
growth and sustainability: 1)Revenue-Customers are the source of a business's revenue, and
without them, a business cannot survive. 2)Competitive advantage-Businesses can differentiate
themselves from competitors by providing exceptional customer experiences. 3)Customer
loyalty-Happy customers are more likely to repeat business with a company that meets or
exceeds their needs. 4)Brand awareness-Satisfied customers can help build a business's
reputation and improve brand awareness. 5)Word-of-mouth advertising-Customers can become
brand promoters, sharing their experiences with friends and colleagues. Businesses can get to
know their customers by: Putting themselves in their place, Using Customer Relationship
Management (CRM) tools, and Asking for feedback. Businesses can also use metrics like Net
Promoter Score (NPS), Customer Satisfaction Score (CSAT), or Customer Effort Score (CES) to
measure customer satisfaction and track the outcomes of feedback implementation.
Q5) types of goals :1) Goal setting-Goals are a measurable way to measure progress towards a
final product. They can help organize a to-do list and prioritize tasks. 2) Planning-Planning is a
forward-looking process that involves setting objectives, developing strategies, and determining
actions to achieve goals. It helps managers anticipate future challenges and opportunities. 3)
Communication skills-Clear communication is important for success, but people communicate
differently. Being able to adapt to and manage different communication styles can lead to better
team performance and employee engagement. 4) Decision-making-Managers are expected to
make decisions, either alone or as part of a team. The decision-making process involves defining
a problem, analyzing possible solutions, and choosing the best outcome. 5) Time management-
Effective time management is a key skill for managers. It helps them balance priorities and
ensure that important tasks are completed efficiently.6) Continuous feedback-Continuous
feedback involves regular discussions about progress, performance, and areas for improvement.
It should be a part of regular one-on-one meetings and project evaluations. Other management
fundamentals include organizing, leading, and controlling.
Q6)What is Management by Objectives (MBO)- Management by Objectives (MBO) is a
strategic approach to enhance the performance of an organization. It is a process where the goals
of the organization are defined and conveyed by the management to the members of the
organization with the intention to achieve each objective. Steps in Management by Objectives
Process1. Define organization goals- Setting objectives is not only critical to the success of any
company, but it also serves a variety of purposes. It needs to include several different types of
managers in setting goals. The objectives set by the supervisors are provisional, based on an
interpretation and evaluation of what the company can and should achieve within a specified
time.2. Define employee objectives-Once the employees are briefed about the general objectives,
plan, and the strategies to follow, the managers can start working with their subordinates on
establishing their personal objectives. 3. Continuous monitoring performance and progress-
Though the management by objectives approach is necessary for increasing the effectiveness of
managers, it is equally essential for monitoring the performance and progress of each employee
in the organization.4. Performance evaluation-Within the MBO framework, the performance
review is achieved by the participation of the managers concerned.5. Providing feedback-In the
management by objectives approach, the most essential step is the continuous feedback on the
results and objectives, as it enables the employees to track and make corrections to their actions.
The ongoing feedback is complemented by frequent formal evaluation meetings in which
superiors and subordinates may discuss progress towards objectives, leading to more
[Link] of Management by Objectives-Management by objectives helps employees
appreciate their on-the-job roles and responsibilities. The Key Result Areas (KRAs) planned are
specific to each employee, depending on their interest, educational qualification, and
specialization. The MBO approach usually results in better teamwork and [Link]
provides the employees with a clear understanding of what is expected of them. The supervisors
set goals for every member of the team, and every employee is provided with a list of unique
tasks. Every employee is assigned unique goals. Hence, each employee feels indispensable to the
organization and eventually develops a sense of loyalty to the organization. Managers help
ensure that subordinates’ goals are related to the objectives of the [Link] of
Management by Objectives- Management by objectives often ignores the organization’s
existing ethos and working conditions. More emphasis is given on goals and targets. The
managers put constant pressure on the employees to accomplish their goals and forget about the
use of MBO for involvement, willingness to contribute, and growth of [Link]
managers sometimes over-emphasize the target setting, as compared to operational issues, as a
generator of success. The MBO approach does not emphasize the significance of the context
wherein the goals are set. The context encompasses everything from resource availability and
efficiency to relative buy-in from the leadership and stakeholders.
Q7)Managerial control -is a process that involves setting performance standards, monitoring
performance, and taking corrective action when needed. The decision-making process for
managerial control includes the following steps: Define the problem, Identify limiting factors,
Develop potential alternatives, Analyze and select the best alternatives, and Implement the
decision1)Reframe the problem2)Make evidence-based decisions 3)Challenge the status quo
4)Get an outside perspective 5)Develop an eye for risk 6)Let go of past mistakes 7)Be honest
with yourselfGroup decision-making can be a good approach when making complex or high-
stakes decisions. Techniques like the Delphi method, nominal group technique, and consensus
decision-making can help facilitate group collaboration and decision-making.
Q.8)types of plans- 1)Strategic planning-Top management creates plans to define the
organization's long-term goals, such as increasing profitability or productivity. These plans serve
as a framework for lower-level planning. 2)Tactical planning-Middle management focuses on
tactical planning to achieve the goals set by strategic planning. Tactical planning involves
integrating organizational units and using resources to achieve strategic goals. 3)Operational
planning-This type of planning deals with day-to-day activities and processes. It includes
developing plans, schedules, and procedures to ensure tasks are executed efficiently.
4)Contingency planning-This plan is used in special circumstances when there are unexpected
changes. 5)Budgeting-Budgets are plans that express expected results in numerical terms. For
example, an income budget shows expected financial results and profits. 6)Change management-
This plan outlines the process for handling changes to the project scope, schedule, or budget.
Planning is an ongoing step that can be specialized based on organizational, division,
departmental, and team goals.
Q.9)Setting goals and developing -plans are important in management because they help with:
1) Performance management: Goals help managers focus their efforts and motivate themselves.
2) Learning: Goal setting and planning help managers understand what their organization is
trying to do. 3) Change management: Managers who are adept at change management can seize
opportunities and stay ahead of the competition. Here are some tips for setting goals and
developing plans:1)Set SMART goals: SMART goals are specific, measurable, attainable,
relevant, and timely. 2)Write down your goals: According to a 2015 study, people who write
down their goals are 33% more likely to achieve them. 3)Create a timeline: Set challenging but
achievable deadlines. Unrealistic deadlines can lead to burnout, while overly generous deadlines
can lead to complacency. 4)Create an action plan: An action plan outlines the steps needed to
achieve your goals. This could include attending training sessions, taking on more
responsibilities, or finding a mentor. 5)Monitor and control your plan: Your plan needs to be
monitored and controlled to measure its performance. 6) Share your plan: Distribute your plan to
everyone involved in the planning process.
Q10)Span of control- is the number of employees that a manager is responsible for, and it's a
key factor in organizational structure. It can affect productivity and efficiency, and the ideal span
of control varies by company and team. Here are some things to know about span of
control:1)Calculation-The span of control ratio is calculated by dividing the number of
employees by the number of managers. For example, if a company has 50 employees and 5
managers, the span of control is 10:1. 2)Factors-Many factors can influence a company's span of
control, including the nature of the work, the organization's culture, and the skills and experience
of the employees. 3)Ideal span-The ideal span of control depends on the work being done, and
there's no perfect number of employees for each person to manage. 4)Concept-The concept of
span of control was developed in the UK in 1922 by Sir Ian Hamilton. It was based on the idea
that managers have limited time, energy, and attention to devote to their jobs. 5)Types-There are
two types of span of control: wide and narrow. A wide span of control implies tighter
supervision, while a narrow span leads to more direct supervision and control.
Q1)Factors affecting structural choice- The choice of an organizational structure is affected
by many factors, including:1)Size-Larger organizations tend to have more complicated
structures. For example, a small business with 10 employees might have a simple structure,
while a business with 1,000 employees might have a top-down structure. 2)Strategy-An
organization's structure should be closely linked to its strategy. For example, an innovative
strategy might support an organic structure. 3)Technology-The degree of routine-ness of the
technology an organization uses can correlate with its structure. For example, organizations that
use low or high-complexity technology tend to have an organic structure, while organizations
that use medium-complexity technology tend to have a mechanistic structure. 4)Environment-
The degree of complexity and dynamism of the environment can affect the organization's
structure. 5)Life cycle-The age of the organization can affect its structure.
Q2)Traditional Organizational design - ppt video online downloadA traditional organizational
structure is a hierarchical structure with a clear chain of command where power flows from the
top down. In this structure, employees have defined roles and receive instructions from their
supervisors. Here are some characteristics of a traditional organizational structure:1)Decision-
making-Decision-making power is centralized at the top of the organization, with the CEO
having the most power. 2)Communication-Communication flows top-down, with a group of
people responsible for strategy and others responsible for implementation. 3)Departments-
Departments or functional groups are often referred to as "silos". Managers focus on making
their departments efficient, without much regard for other departments. 4)Chart-A traditional
organizational structure is often depicted as a pyramid, with the CEO and senior management at
the top, middle managers in the middle, and employees at the base. Some say that traditional
organizations can be successful for large companies, but they may be less able to adapt to
changing market demands and technological innovations
Q3)Biases And Errors In Decision-Making -Let’s look at some common decision-making
biases and errors that have a powerful influence on how we think, feel, and behave.1.
Confirmation Bias-We tend to favor information that conforms to previously held beliefs. We
don’t want to change our opinions and rethinking something is uncomfortable and difficult. For
example, a hiring manager wants to hire employees only from premier institutes of the country
because they’re considered to have the smartest and most talented candidates.2. Availability
Heuristic-We estimate the probability of something happening by placing importance on the first
thing that comes to our minds. We judge something by how we remember certain information.
For example, you may be afraid of speaking up in group meetings because your suggestions were
heavily criticized in the previous one. 3. Hindsight Bias-One of the most common decision-
making biases, hindsight bias is the tendency to look back at past events and say “I knew it all
along”. For example, if a manager is uncertain about an employee’s ability to meet a deadline but
the employee manages to do so, the manager is likely to behave as if they had faith in the
employee all along.4. Optimism Bias-This psychological bias is rooted in the availability
heuristic. The tendency to be extremely optimistic and overestimate the likelihood of good things
happening is known as optimism bias. For example, many of us procrastinate because we’re
certain of finishing our projects just on time. While it may not be necessarily bad, optimism bias
can give us a false sense of hope—affecting our mental and emotional well-being in the absence
of desirable outcomes. 5. Halo Effect-Human brains get lazy sometimes and rely on the first
impression they have of others. The halo effect bias encourages us to focus on certain attributes
(mostly outward appearance) to form the initial impression about a person.
Q4)decision-making process steps-Though there are many slight variations of the decision-
making framework floating around on the Internet, in business textbooks, and in leadership
presentations, professionals most commonly use these seven steps. 1. Identify the decision- To
make a decision, you must first identify the problem you need to solve or the question you need
to answer. Clearly define your decision. If you misidentify the problem to solve, or if the
problem you’ve chosen is too broad, you’ll knock the decision train off the track before it even
leaves the station. If you need to achieve a specific goal from your decision, make it measurable
and timely.2. Gather relevant information-Once you have identified your decision, it’s time to
gather the information relevant to that choice. Do an internal assessment, seeing where your
organization has succeeded and failed in areas related to your decision. Also, seek information
from external sources, including studies, market research, and, in some cases, evaluation from
paid consultants. Keep in mind, you can become bogged down by too much information and that
might only complicate the process.3. Identify the alternatives- With relevant information now at
your fingertips, identify possible solutions to your problem. There is usually more than one
option to consider when trying to meet a goal. For example, if your company is trying to gain
more engagement on social media, your alternatives could include paid social advertisements, a
change in your organic social media strategy, or a combination of the two.4. Weigh the evidence-
Once you have identified multiple alternatives, weigh the evidence for or against said
alternatives. See what companies have done in the past to succeed in these areas, and take a good
look at your organization’s own wins and losses. Identify potential pitfalls for each of your
alternatives, and weigh those against the possible rewards.5. Choose among alternatives-Here is
the part of the decision-making process where you actually make the decision. Hopefully, you’ve
identified and clarified what decision needs to be made, gathered all relevant information, and
developed and considered the potential paths to take. You should be prepared to choose.6. Take
action-Once you’ve made your decision, act on it! Develop a plan to make your decision tangible
and achievable. Develop a project plan related to your decision, and then assign tasks to your
team. 7. Review your decision- After a predetermined amount of time—which you defined in
step one of the decision-making process—take an honest look back at your decision. Did you
solve the problem? Did you answer the question? Did you meet your goals?
Q5)EFFECIVE decision making in todays word-Step 1: Identify the decision You realize that
you need to make a decision. Try to clearly dene the nature of the decision you mustmake. This
rst step is very important. Step 2: Gather relevant information Collect some pertinent information
before you make your decision: what information is needed, the best sources of information, and
how to get it. This step involves both internal and external “work.” Some information is internal:
you’ll seek it through a process of self-assessment. Other information is external:you’ll nd it
online, in books, from other people, and from other sources. Step 3: Identify the alternatives As
you collect information, you will probably identify several possible paths of action, or
alternatives. You can also use your imagination and additional information to construct new
alternatives. In this step,you will list all possible and desirable alternatives. Step 4: Weigh the
evidence Draw on your information and emotions to imagine what it would be like if you carried
out each of the alternatives to the end. Evaluate whether the need identied in Step 1 would be
met or resolved through the use of each alternative. As you go through this di-cult internal
process, you’ll begin to favor certain alternatives: those that seem to have a higher potential for
reaching your goal. Finally, place the alternatives in a priority order, based upon your own value
system. Step 5: Choose among alternatives Once you have weighed all the evidence, you are
ready to select the alternative that seems to be the best one for you.
Q6) Linear thinking- is a process of thought following known cycles or step-by-step
progression where a response to a step must be elicited before another step is [Link]
of linear thinkers: Linear thinkers are often very logical. Those who prefer linear thinking and
the linear world cite information that they have found useful in the past to solve current
problems. Linear thinkers are pragmatic and often excel in the fields of mathematics, accounting
and other technical fields. A linear thinker will likely prefer consistency and be predictable,
which makes her excel in jobs that involve processes that are repeated regularly. You will be
able to count on the linear thinker to get her work done when it is supposed to be done.
Proficiency with the linear thought process is also useful in conducting scientific research where
objectivity is imperativeDisadvantages of linear thinkers: A major disadvantage of linear
thinking is that the linear thought process does not always account for new variables in a
situation. Linear thinking can be a disadvantage in the business world, especially during hiring.
For example, a hiring manager might be more comfortable hiring someone who has been in the
industry for many years over someone who has experience in a different industry. The linear
thinker would assume the experienced candidate would be the best choice, without stopping to
think that the second, less experienced candidate might be able to contribute fresh, innovative
ideas. Linear thinking can also be a problem when it comes to large groups, as people in groups
will vote to stick with what they know over new [Link]-Linear Thinking is human thought
characterized by expansion in multiple directions, rather than in one direction, and based on the
concept that there are multiple starting points from which one can apply logic to a
[Link] of non-linear thinkers: Nonlinear thinkers are creative, visionary thinkers
who like to test the limits of what is known and possible in the linear world. They will think of
different ways to do things and come up with new, innovative ideas. Nonlinear thinkers can use
their passion for originality to produce transformational products or services. If you run a
business that's looking for fresh ideas that will break established patterns and challenge
competitors, consider a nonlinear [Link] of non-linear thinkers: Being a
nonlinear thinker has some downsides. Some nonlinear thinkers have learning challenges such as
Attention Deficit Disorder, Attention Deficit Hyperactivity Disorder or Asperger's Syndrome.
People diagnosed with these disorders tend to relate in a nonlinear way, so much so that they can
be difficult to keep on track, are easily distracted and may need special accommodations. In a
classroom or office setting, they may be disruptive or unfocused if not supervised properly or
challenged sufficiently. Nonlinear thinkers may miss an easy solution to a problem because they
are looking too far beyond the perimeters of the box.
Q7)A virtual organization (VO) is a group of people or organizations that work together
remotely to achieve a common goal, using technology to collaborate despite being
geographically dispersed. VOs can be temporary or permanent, and can include individuals,
groups, or entire organizations. Here are some characteristics of virtual
organizations:Collaboration: VOs use technology to allow employees to work together in real-
time, regardless of location. Flexible structure: VOs have permeable boundaries and flexible
structures. Distributed decision-making: VOs challenge traditional power structures by
distributing decision-making more evenly among team members. Knowledge sharing: VOs rely
heavily on knowledge sharing and collaboration. Speed: VOs can operate more quickly and
efficiently than traditional organizations. However, VOs also have some disadvantages,
including: No in-person connection: Face-to-face interactions are reduced, which can impact
team cohesion and [Link] challenges: Time zone differences and reliance
Q8)Control [Link] controlling Process consists of five steps: 1)Setting the
standards.2)Measuring the performance.3)Comparing the performance to the set standards
4)Determining the reasons for any such deviations which is required to be paid heed to. 5)Take
corrective action as required. Correction can be made in regards to changing the standards by
setting them higher or lower or identifying new or additional standards in the department.
Elements and Steps of Control ProcessEstablishing Performance Measuring Standards and
Methods-1)Standards are, by definition, nothing more than performance criteria. They are the
predetermined moments in a planning program where performance is measured so that managers
may receive indications about how things are doing and so avoid having to monitor every stage
of the plan's [Link] simply means setting up the target which needs to be achieved to
meet the organizational goals. These standards set the criteria for checking performance. The
control standards are required in this case. 2)Measuring the Performance-Performance against
standards should be measured on a forward-looking basis so that deviations can be discovered
and avoided before they happen. Appraising actual or predicted performance is relatively simple
if criteria are properly drawn and methods for determining exactly what subordinates are doing
are available. The actual performance of the employee is then measured against the set standards.
With the increase in levels of management, the measurement of performance becomes quite
difficult.3)Determining if the Performance is up to par with the Standard-In the control process,
determining if performance meets the standard is a simple but crucial step. It entails comparing
the measured results to previously established norms. Managers may assume that "all is under
control" if performance meets the benchmark. Comparing the degree of difference between the
actual performance and the set standard.4)Developing and Implementing a Corrective Action
Plan-This phase becomes essential if performance falls short of expectations and the analysis
reveals that corrective action is required. The remedial measure could include a change in one or
more of the organization's functions. This is being initiated by the manager who corrects any
sorts of defects in the actual [Link] of Control-There are five different types of
control:1)Feedback Control: This process involves collecting the information on which the task
is being finished, then assessing that information and improvising the same tasks in the
future.2)Concurrent control (also known as real-time control): It investigates and corrects any
problems before any losses arising. An example is a control chart. 3)This is the real-time control,
which checks any problem and examines the same to take action before any loss has been
caused. 4)Predictive/ feedforward control: This type of control assists in the early detection of
problems. As a result, proactive efforts can be done to avoid a situation like this in the future.
Predictive control foresees the problem ahead of its occurrence. 5)Behavioral control: This is a
direct assessment of managerial and staff decision-making rather than the consequences of those
decisions. Behavioral control, for example, sets incentives for a wide range of criteria in a
balanced scorecard.6)Financial and non-financial controls: Financial controls refer to how a firm
manages its costs and spending to stay within budgetary limits. Non-financial controls refer to
how a company manages its costs and expenses to stay within budgetary constraints.
Q.2)SMART goals- are a framework for setting objectives that are Specific, Measurable,
Achievable, Relevant, and Time-bound. This framework helps individuals and teams create goals
that are clear, attainable, and trackable, increasing the likelihood of success. Here's a breakdown
of each element:Specific:The goal should be well-defined, clear, and focused, leaving no room
for ambiguity. Measurable:It should be possible to track progress towards the goal and
determine when it's been achieved, using specific metrics or indicators. Achievable:The goal
should be realistic and within reach, considering the available resources and constraints
Relevant:The goal should align with your overall objectives and priorities, making it
meaningful and impactful. Time-bound:A clear deadline should be set to create a sense of
urgency and help you stay on track. Example-Vague Goal: "I want to improve my work
performance." SMART Goal: "By the end of Q3, I will increase my sales by 15% by
implementing a new lead generation strategy and consistently following up on all leads, tracking
my progress weekly."
Q5)Grid analysis- is a decision-making tool that helps evaluate different options by considering
multiple criteria and their relative importance. It involves creating a grid where options are listed
as rows and criteria are listed as columns. Each criterion is assigned a weight reflecting its
importance, and each option is scored for each criterion. By multiplying the scores by the
weights and summing the results, a total weighted score is calculated for each option, allowing
for a comparative analysis of the options.
Q6)Planning -is the process of setting goals, developing strategies to achieve those goals, and
outlining the steps needed to carry out those strategies. It involves anticipating future needs and
circumstances, making decisions about the best course of action, and preparing for potential
challenges or opportunities.