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Management

Management is the process of planning, organizing, leading, and controlling resources and activities within an organization to achieve its goals efficiently and effectively.

Governance / OS System: Resources → Mission.

Gobernar: “Pilotar un Barco” → del griego “kybernaein” (dirigir, sobre todo un navío, guiar, pilotar).

Index

Theories of Management

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  • Theories of Management: Classical (Taylorism, Fayol's principles) and contemporary theories (Systems Theory, Contingency Theory).
  • Corporate Case Studies: Applied examples from companies that illustrate successful or failed management practices.

Theories of Public Management

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  • https://en.wikipedia.org/wiki/New_Public_Management
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Business Process

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Management Functions

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  • Planning: Defining goals, establishing strategies, and determining the actions required to achieve the objectives.
  • Organizing: Structuring resources and activities in a way that aligns with the goals.
  • Leading: Motivating and directing employees, resolving conflicts, and facilitating effective communication.
  • Controlling: Monitoring performance, comparing it with set standards, and taking corrective actions when necessary.

Decision-Making

Decision-Making Theories: Normative and descriptive models like rational decision-making, bounded rationality, and intuitive decision-making.

Organizational Structures

  • Hierarchy: Defines levels of authority and reporting relationships within organizations.
  • Teams and Networks: The design and interaction of formal and informal teams within the organization.
  • Culture: The shared values, beliefs, and behaviors that shape organizational identity.e

Strategy

  • SWOT Analysis: Identifying internal strengths and weaknesses, as well as external opportunities and threats.
  • Competitive Strategy: Differentiation, cost leadership, and focus strategies.
  • Resource-Based View: A framework to understand how organizational resources contribute to sustained competitive advantage.

Enterprise Management

  • Human Resources Management
  • Marketing Management
  • Operations and Supply Chain Management
  • Financial Management
  • Innovation and Change Management

Governance

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Corporate Governance

Evaluates the company’s practices regarding transparency, accountability, and ethics.

Strategic Planning

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Hoshin Kanri

It ensures that an organization’s strategic goals drive progress and action at every level.

Management by Objectives (MBO)

Focuses on setting specific measurable and time-bound objectives, aligning individual and organizational goals.

Theory of Constraints (TOC)

Identifies and addresses the key limiting factors (constraints) that hinder an organization from achieving its goals.

OKR (Objectives and Key Results)

Aligns organizational objectives and tracks results using specific, measurable, achievable, relevant, and time-bound vital results.

Management Cybernetics

Management Cybernetics is the application of cybernetic principles to management and organizational design, focusing on communication and control in complex systems to achieve effective governance and decision-making.

References

Management Framewoks

Here’s a table summarizing some of the most well-known enterprise management models. These models provide frameworks for understanding and improving organizational structure, strategy, and operations:

Framework Description Key Focus
McKinsey 7S Framework A model that analyzes seven internal elements of an organization: Strategy, Structure, Systems, Shared Values, Skills, Style, and Staff. Alignment of internal elements for organizational effectiveness.
SWOT Analysis A strategic planning tool that evaluates Strengths, Weaknesses, Opportunities, and Threats. Identifying internal and external factors affecting performance.
Porter’s Five Forces A framework for analyzing industry competitiveness based on five forces: rivalry, supplier power, buyer power, threat of substitutes, and new entrants. Industry analysis and competitive strategy.
Balanced Scorecard A performance management tool that balances financial and non-financial metrics across four perspectives: financial, customer, internal processes, and learning/growth. Strategic performance measurement and management.
Business Model Canvas A visual framework for developing or analyzing a business model, focusing on nine key components like value proposition, customer segments, and revenue streams. Business model innovation and strategy.
Lean Management A methodology focused on minimizing waste while maximizing value for customers, derived from the Toyota Production System. Efficiency, waste reduction, and continuous improvement.
Agile Management A flexible, iterative approach to project management and product development, emphasizing collaboration and adaptability. Adaptability, customer-centricity, and rapid delivery.
Kaizen (Continuous Improvement) A Japanese philosophy of continuous improvement involving all employees, focusing on small, incremental changes. Employee involvement and ongoing process improvement.
Six Sigma A data-driven methodology for eliminating defects and improving processes, using the DMAIC (Define, Measure, Analyze, Improve, Control) framework. Quality control and process improvement.
Blue Ocean Strategy A strategy model that encourages creating new market spaces (blue oceans) rather than competing in existing ones (red oceans). Innovation and market creation.
ADKAR Model A change management framework focusing on five stages: Awareness, Desire, Knowledge, Ability, and Reinforcement. Managing organizational change effectively.
VRIO Framework A tool for evaluating an organization’s resources and capabilities based on Value, Rarity, Imitability, and Organization. Strategic resource analysis and competitive advantage.
TOWS Matrix An extension of SWOT analysis that links internal strengths and weaknesses to external opportunities and threats. Strategic planning and decision-making.
EFQM Excellence Model A framework for organizational improvement based on nine criteria, including leadership, strategy, and results. Total quality management and organizational excellence.
PESTLE Analysis A tool for analyzing external macro-environmental factors: Political, Economic, Social, Technological, Legal, and Environmental. Understanding external influences on business strategy.

References