There are two Assignments to complete.
Assignment 1: Management Planning and Organizing
As part of management planning, companies starting up need to define their vision (long term idealized ultimate company goal), their mission (or purpose statement), values (their corporate beliefs) and their company goals that they will endeavor to meet both in the short and long term. These vision, mission, and values statements are typically found on corporate websites.
Once the company goals are determined, management addresses organizing to delineate the tasks and responsibilities of employees to accomplish the goals. For this Assignment you will be using the "Tim's Coffee Shoppe" scenario from the Final project Assignment. This business simulation will be referenced throughout this course as you work on various aspects of your assignments.
Access Tim's Coffee Shoppe here. After viewing the scenario address the following checklist items concerning planning and organizing in an eight (8) slide PowerPoint presentation:
Checklist: In this Assignment, you will address development of the mission and vision statement for Tim's Coffee Shoppe.
After looking up vision and mission statements on several of your preferred company websites for examples:
• Decide on a mission and vision statement for Tim's Coffee Shoppe
• Three bulleted goals for the next year( short term )
• Three bulleted goals for the long term (the next 3 years ) for Tim's Coffee Shoppe.
• Provide a short explanation of how Tim's Coffee Shoppe can reach each of these goals (3 short-term, and 3 long-term).
Assignment 2 : The Four Functions of Management and Motivation Theory
You read about the four functions of management (POLC) and practiced with some of these concepts in the Learning Activity.
No matter what functional area you manage (i.e., finance, operations, human resources, marketing, sales, customer service, or logistics) these four functions come into use by an effective manager. In this Journal, you have an opportunity to apply what you understand about these four POLC functions.
Part A: Apply the four functions of management to your workplace or a past workplace.
Checklist:
• State what functions (POLC) your manager performed well and why?
• Define the various tasks and responsibilities of your manager.
• Which functions did they need to work on and why?
• Which of the four functions do you feel is the most important and why?
Part B: Review Maslow's Needs Hierarchy and Alderfer's ERG Theory here:
You can address all four POLC functions as a manager, but if you cannot motivate people, you will probably not be successful.
Understanding the motivations of employees helps management better plan and execute those plans through motivated workers. Empowered workers, are those that are given the power to make decisions, usually within certain parameters to resolve problems and satisfy customer needs and wants.
Maslow stated that people needed to satisfy one level of need at a time beginning at the base with physical needs (here we use a tree, Maslow used a pyramid). After these are satisfied, people will go on to the next level of needs and so forth. Eventually when all other needs are satisfied, people will look for self-actualization (at the top of the tree as seen here) to fulfill themselves.
Checklist:
• At which level are you? Explain your response. You can refer to either Maslow's hierarchy or Alderfer's ERG theory.
• At what stage of Maslow's hierarchy would an empowered employee be? Explain.
Respond in a Word document in APA format (12 point, Times New Roman Font, double-spaced) and submit it to the Dropbox.