There are some promising majors for the future with established career paths and certainly a sizeable salary. Well, one of the majors that I choose is Management, why is that? Because management majors or study programs learn about the responsibilities in the management of an organization or company, management graduates have high organizational skills and are required in administrative roles. Job prospects have a wide range of career paths available in the field of management. Many of these graduates work on project management or organizations that are responsible for investment security, managing budgets and ensuring employee welfare. Management graduates can also develop themselves as managers or entrepreneurs with integrity. And certainly management will always be used in everyday life, so that our goals are achieved well.
I chose management majors because I wanted to continue my studies while I was in vocational school.
Senin, 15 Mei 2017
Sabtu, 06 Mei 2017
Article Management
Kelas : 4ea11
Mata kuliah : B.Inggris Bisnis 2 #Softskills
Article Management
Productivity
has become a national obsession. Countless books, articles, podcasts and videos
promise the secrets to wringing a few extra minutes out of the workday or
boosting organizational output. But, for all that talk, the United States
hasn’t exactly been setting any productivity records.
Related:
5 Daily Habits That Will Increase Your Productivity Levels
After
several years of meager growth, the U.S. Bureau of Labor Statistics reported a
productivity decrease of 0.2 percent in 2016. For the first time since the
global financial crisis of the late 2000s, production decreased for consumer
goods such as cars and furniture.
The
reasons for this drop remain unclear. Some experts suggest that the multifactor
decline represents only one aspect of the economy. In their view, the rise of
service-based businesses makes it difficult to get a full picture of American
productivity. Others claim that a lack of investment in multifactor
infrastructure is responsible for the change.
Most
likely, several variables are affecting the measure. For one thing, the
slowdown reflects a long trend of declining U.S. productivity, so the latest
dip isn’t particularly alarming. The confusion over the cause, however, is a
different story.
A
measure of success
Measuring
progress is difficult without clearly defined goals. Consider a baseballor
basketball player who trains regularly to get “better.” Better at what? Missing
fewer baskets? Landing more right hooks? Improving his batting average? An
athlete who doesn’t have definitive objectives will struggle to make any
meaningful gains.
“Keeping
your eyes on the prize” is impossible if there is no specific prize you’re looking toward (present
tense tipe I)
The
same holds true for businesses. Business owners need milestones, hard numbers
and output goals to determine whether they’re doing well. Measurable goals help
identify real and relative weaknesses, which indicate where improvements are
needed. A company might have passable sales numbers that keep the lights on and
salaries paid, but those numbers could be abysmal compared to competitors'. The
only way to truly gauge success is to home-in on the numbers.
In
the case of the U.S. productivity slowdown, experts are looking at the numbers
from several different angles. No single metric determines productivity, so
there's no consensus.
In
most companies, measurement is the managers' domain. They’re supposed to keep
their teams on task, ensuring every project is undertaken in the service of
meeting the company’s specified goals. But, in startups, the founder is often
also the manager. That's usually not a good thing.
Different
strokes for different folks
Generally
speaking, good entrepreneurs are terrible managers. These roles require vastly
different skill sets and mean disparate things to companies.
Entrepreneurs
are visionaries. They inspire their teams with lofty goals and are comfortable
taking risks based on unsubstantiated hunches. Managers take over existing
businesses and analyze what works. They implement best practices and uphold the
organizational model, producing the good or service at the lowest possible
cost.
In
short, entrepreneurs emphasize creating value while managers worry about
cutting costs. Both are vital functions for any company, but they’re completely
different mindsets. So, how do you adopt a managerial mindset?
Related:
Are You a Manager or a Leader? Here's How to Tell the Difference.
How
to adopt a managerial mindset
Entrepreneurs
rarely make smooth transitions into managerial roles, as their startups mature
into firms. However, it’s not unheard of -- Henry Ford and IKEA’s Ingvar
Kamprad come to mind as entrepreneur-turned-manager success stories.
Here
are a few strategies to help you make that leap yourself:
Use
numbers. Instinct might lead you to innovative new products or great hires, but
numbers create sustainability. Top-performing companies are 5 percent more
productive and 6 percent more profitable than competitors because their leaders
rely on numbers when making decisions, according to a study by a team at the
Massachusetts Institute of Technology.
Whenever
possible, measure inputs, outputs and resource use. If something can be measured, track it (present tense tipe I). Numbers are a
universal language, and it’s much easier to win people to your side when you
have the stats to back up your strategy. Concrete figures are also great
indicators of whether your instincts align with reality.
Study
the data over time. A record of sales performance, product engagement and other
metrics is necessary to accurately assess any company’s health. Periodically
compare your numbers from last year and this year and your forecasts for the
next few years to track trends. Doing so will help you identify which
departments are doing well and which are a drain on your bottom line.
This
exercise will also help you plan for your company’s future. In a global survey
of workers published in the Harvard Business Review, 72 percent of participants
said they wanted their leaders to be forward-looking. If you want to
retain your best team members, you should become more comfortable with data . (Perfect
tense Tipe III)
Be
consistent in your process, but don’t be a perfectionist.
Here’s
a scary statistic: Only 4 percent of top managers surveyed said they understood
their companies’ front-line problems, according to Sidney Yoshida’s acclaimed
Iceberg of Ignorance study. If you get too hung up on specific numbers and minutiae, you
could miss the larger trends occurring in your organization.
(present
tense tipe II).
Using
ballpark figures is fine as long as you’re taking a holistic view and not
letting major warning signs go unaddressed. Be sure to use the same method each
time to ensure you can compare measurements over time.
Set
clear goals for every management level. The higher you go up the management
chain, the broader your goals become. At the top level, it’s sufficient to say
the profit margin should be "X percent of costs of goods sold." At
the middle and lower levels, managers should adopt more specific goals. If your departments
operate as independent sections within the larger business, their individual
goals must jive with the combined bigger-picture targets. (present tense tipe I)
Make
sure each department is working on separate but complementary objectives. Not
only does this alleviate adverse incentives, it also minimizes confusion and
frustration. When Zappos announced its radical move toward a holacracy --
replacing a traditional management hierarchy with a peer-to-peer accountability
system -- 18 percent of employees quit during the radical experiment. Clarity
and specificity can save a lot of management headaches as your company grows.
Related:
How to Flatten Your Organizational Hierarchy Now
Successful
management creates measurability and comparability, but that doesn’t mean you
need to sacrifice your entrepreneurial spirit to become a great manager.
Continue seeking new opportunities for your organization, but look before you
leap.
Managers
maximize productivity within business constraints while entrepreneurs look far
outside the box. If you can manage to marry these two mindsets, you’ll build a
business that’s innovative and financially solvent -- every entrepreneur’s
dream.
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