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Stats: 2,935,025 members, 7,101,038 topics. Date: Tuesday, 04 October 2022 at 01:58 AM
|I Have This Question From One Of My M.sc Past Questions by carokan: 12:05am On May 03, 2020|
The question is:
Success does not necessarily depend on how hard the manger have worked but on how well they have planned and utilized available resources. Discuss
How do I approach this question. Thanks for your contributions
|Re: I Have This Question From One Of My M.sc Past Questions by Judybash93(m): 1:09am On May 03, 2020|
Well, in my opinion, i think what the question is trying to get from you is to demonstrate how hard work doesn't necessarily lead to success in that there are various things to consider when goals are to be achieved. Your group might be working hard without using the right approach and this may be a recipe for disaster. Let's say you guys are working on a farm and you have cutlasses, hoes, sickles and other rudimentary equipments as well as tractors, harvesters, planters and other stuffs but because your boss is trying to save cost, he decides that you guys should use the cutlasses and stuffs. Of course you guys will work hard but you might not be able to achieve what the modern equipments will achieve given the same time.
Inversely, let's assume that your boss effectively plans ahead and decides on what to use at the right time in relation to the modern equipments, there's a possibility that you'll be able to achieve your goal without much hardwork. So, hardwork in terms of physical labor of which i assumed to be the premise of your question doesn't always assure success.
I only operationally defined hardwork to mean physical labour. You can look at it from another dimension.
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|Re: I Have This Question From One Of My M.sc Past Questions by carokan: 1:47am On May 03, 2020|
Judybash93:Thanks for your contribution bro. I really appreciate it.
I see the angle you’re coming from. However, with management terms, I need to reinterpret it. Thanks again.
|Re: I Have This Question From One Of My M.sc Past Questions by Judybash93(m): 1:48am On May 03, 2020|
You're welcome boss
|Re: I Have This Question From One Of My M.sc Past Questions by olumide81(m): 4:02am On May 03, 2020|
Basically this refers to the employment of the key management functions , the effective and efficient allocation of available human and non human resources, its utilization towards attainment of set goals and objectives.
|Re: I Have This Question From One Of My M.sc Past Questions by verifiablefacts: 6:15am On May 03, 2020|
carokan:past question, and you want to solve it now?
|Re: I Have This Question From One Of My M.sc Past Questions by Vulcanheph(m): 6:18am On May 03, 2020|
From my perspective , before someone goes into any venture it is better he plans and strategizes On everything he needs to do first this will enable him to use the resources available to it's full potentials......in simpler terms when you Embark on a project without planning you might end up working too much and using much resources (both human/material) Without Achieving much.
|Re: I Have This Question From One Of My M.sc Past Questions by carokan: 7:59am On May 03, 2020|
olumide81:Same thing I thought. That the examiner is trying to stress the importance of the functions of a manager. Thanks
|Re: I Have This Question From One Of My M.sc Past Questions by Gibsonworld05(m): 8:05am On May 03, 2020|
olumide81:You took the words out of my mouth. The lecturer wants them to demonstrate their understanding of managememt functions(Planning, organizing etc) and it relevance/application in the workplace.
|Re: I Have This Question From One Of My M.sc Past Questions by carokan: 8:08am On May 03, 2020|
I been no know say Management scholars plenty here o. Thanks again.
|Re: I Have This Question From One Of My M.sc Past Questions by Mazikic(m): 9:11am On May 03, 2020|
One of the things planning does is to clearly define the goals and objectives of an organisation. So if the manager is not channelling efforts towards the achievement of those goals and objectives, he's just dissipating his energy!
|Re: I Have This Question From One Of My M.sc Past Questions by SOFTDRINK: 10:07am On May 03, 2020|
I think the examiner wants you to highlight the effectiveness of planning, organising, staffing,directing, coordinating, budgeting,reporting etc in achieving organisational goals and managerial targets.
You're also advised to buttress your skills in using scarce human and material resources efficiently to achieve the set goal.
|Re: I Have This Question From One Of My M.sc Past Questions by topcatking: 11:27am On May 03, 2020|
Simply put, your examiner wants you to differentiate between working hard and working smart.
|Re: I Have This Question From One Of My M.sc Past Questions by ThatKING(m): 11:35am On May 03, 2020|
You can start by defining management and further explain that, troubles/under achievement with an enterprise is the "management" ( manager) , meaning persons at a higher level in the organization. Although weakness and difficulties may surface at any level of management; effective and perceptive management demands that all those responsible for the work of others, at all levels and in any type of enterprise, regard themselves as managers
The manager is like a Symphony or Orchestra conductor, endeavoring to maintain a melodious performance in which the contributions of the various instruments are coordinated, sequence (to work together), set in a specific pattern and paced. To this end, one is not just being a manager but a successful manager.
To be a successful manager in business, some key factors come into place
1. The selection of the best course of action among various other choices
2. Making such choices while considering the limited resources available to your organization
3. Delegation of duties and responsibilities to different departments.
4 supervise, coordinate and controlling the available resources in order to maximize efficiency and effectiveness.
(please note that you have to give situational examples to the above 4 points. These examples/model must come from mostly small scale businesses )
As a manager, the need for a systematic gathering of data for analysis in order to identify problems and to proffer solutions is very essential. This will help your business adapt and grow to be successful
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|Re: I Have This Question From One Of My M.sc Past Questions by Teewai69: 11:50am On May 03, 2020|
HR/ Administration we call it POSDCORB. Kudos
|Re: I Have This Question From One Of My M.sc Past Questions by zedegit: 11:52am On May 03, 2020|
You can rephrase question to:
How does planning and management of available resources lead to success?
Define Planning and Management
Define Resources and list different types of resources
Ask a linkage and interest creating question that takes you to the body;
In the body ,treat each of resources in detail and expose how managing them brings success.
If you mentioned 3 available resources in introduction, treat them separately in details in Body
You can conclude by summarising the Body.
|Re: I Have This Question From One Of My M.sc Past Questions by YorubaPrince: 12:42pm On May 03, 2020|
|Re: I Have This Question From One Of My M.sc Past Questions by dammieight(m): 12:53pm On May 03, 2020|
Define hard work. Define good planning. Give instances for both to make your definition perspective clearer to the reader. Now relate both to resources utilization. Good luck.
|Re: I Have This Question From One Of My M.sc Past Questions by cleish(m): 1:41pm On May 03, 2020|
Op what about explanation in political terms.
|Re: I Have This Question From One Of My M.sc Past Questions by carokan: 2:04pm On May 03, 2020|
It’s from a course in management. Thanks for the inquiry
|Re: I Have This Question From One Of My M.sc Past Questions by compreyus: 5:53pm On May 03, 2020|
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|Re: I Have This Question From One Of My M.sc Past Questions by PatrickOkunima(m): 6:36pm On May 03, 2020|
To accomplish organizational goals, managers perform a set of functions (planning, organizing, etc). Though the question does not mention organizing, it is implied by utilizing resources. To succeed, there must be proper planning and organizing. Hard work on the other hand, is not a management function, and hence does not determine success. Throughout my sojourn in management, I never came across a topic on Hardwork. But any management book without planning and organizing is not complete.
|Re: I Have This Question From One Of My M.sc Past Questions by SaiRuiMall: 7:18pm On May 03, 2020|
This is a very simple question, only that my brain is currently still on lock down.
|Re: I Have This Question From One Of My M.sc Past Questions by Goldeno(m): 7:53pm On May 03, 2020|
first of all, a managers main responsibility is to design and oversee the best plans to elevate a business or whatever he or she is managing WHILE utilising the available resources.
So a good manager isn't supposed to be working HARD but to be working SMART
|Re: I Have This Question From One Of My M.sc Past Questions by Nobody: 9:25pm On May 03, 2020|
Make your point of view or approach this questions from a managerial point, using PODSCORB...I assume you know how to do that?
|Re: I Have This Question From One Of My M.sc Past Questions by carokan: 10:35pm On May 03, 2020|
BurnStoner:Yes. Thanks a lot.
|Re: I Have This Question From One Of My M.sc Past Questions by Nobody: 10:38pm On May 03, 2020|
However this principles as posited by Luther Gulick and Lyndall Urwick are not absolute and cannot guarantee 100% success however they are a road map that ensure effective and efficient management of resources.
|Re: I Have This Question From One Of My M.sc Past Questions by carokan: 11:01pm On May 03, 2020|
BurnStoner:True. Hardly does any method guarantees 100%. However the goal is to maximize profit (revenue) and minimize cost. Having fully utilized the available resources.
|Re: I Have This Question From One Of My M.sc Past Questions by profdan01: 6:25am On May 05, 2020|
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