Business Management 101 – Episode #70

by Richard Wilson on July 28, 2011

The following video is borrowed from our platform and was originally recorded for our business management training program.  In this video, we provide a basic introduction to management.  Management 101 topics covered in this video include: basic management functions;  managerial roles; and being an effective manager.

Video Transcript/Summary: The strategies and tips provided within this video module include:

  1. Management can be defined as the process of coordinating people and other resources to achieve the goals of an organization.
  2. A manager is responsible for completing many tasks, but there are four basic management functions: planning; organizing; leading and motivating; and controlling.
  3. There are a number of roles that a manager must play, however, we can group these roles into three main categories: decision roles; interpersonal roles; and information roles.
  4. Being an effective and successful manager requires competence in the following areas: interpersonal skills; technical skills; and conceptual skills.

I know that for many of you this video may have only been review, but I find that it is helpful to reexamine business management 101.  This allows me to ensure that I am fulfilling my responsibilities as a manager and being the best manager that I can be for my company.  I hope this was helpful to you, as well.

Thanks for joining us, and I will see you again soon,

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