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What is Management? by Mind Map: What is Management?

1. Functions (Henry Farol)

1.1. Planning

1.1.1. Mission & Vission goals

1.1.2. Formulating Strategy

1.1.2.1. Tools

1.1.2.1.1. SWOT Analysis

1.1.2.1.2. Porter's Forces Models

1.1.2.1.3. PEST Analysis

1.1.2.2. Operational level

1.1.2.2.1. Corporate level strategy

1.1.2.2.2. Business unit strategy

1.1.2.2.3. Functional Level

1.1.3. Implementing Strategy

1.2. Oganizing

1.2.1. Horizontal structure

1.2.1.1. Formal structure

1.2.1.1.1. Functional

1.2.1.1.2. Divisional

1.2.2. Vertical structure

1.2.2.1. Flexible structure

1.2.2.1.1. Matrix

1.2.2.1.2. Product Team

1.3. Leading

1.3.1. Power & Empowerement Based

1.3.2. Leaders tasks:

1.3.2.1. Influence

1.3.2.2. Inspire

1.3.2.3. Motivates

1.3.2.4. Directs

1.3.3. Styles

1.3.3.1. RELATIONSHIP-ORIENTED

1.3.3.2. TASK-ORIENTED

1.3.3.3. MOTIVATING

1.3.3.4. NO LEADERSHIP

1.3.3.5. TRANSFORMATIONAL

1.3.3.5.1. Charismatic Inspirational Stimulating Attentive

1.3.3.6. TRANSACTIONAL

1.3.3.6.1. Motivation on achievements Controlling Sustaining status quo Transferring responsibilities

1.4. Coordinating

1.4.1. HumanSources Sources Activities Effectiveness Time

1.5. Controlling

1.5.1. Actions to decide

1.5.1.1. Monitor

1.5.1.1.1. Standards

1.5.1.2. Evaluate

1.5.1.2.1. Measuring

1.5.1.3. Regulate

1.5.1.3.1. Comparing

1.5.2. Types of control

1.5.2.1. Preventive

1.5.2.2. Concurrent

1.5.2.3. Feedback

2. Definition

2.1. Process

2.2. Organization

2.3. Resources

2.4. Goals

3. What is it for?

3.1. Balance in businesses to be succesful achieving goals

3.1.1. Efficiency/Effectiveness

3.2. Succesfull at Global Business

3.2.1. Adapting to global enviroment

3.2.1.1. Cultural diversity

3.2.1.1.1. Stereotypes (accuracy of perceptions)

3.2.1.1.2. Diversity as a tool

3.2.1.1.3. Regional shares

3.2.2. Adapting & Using Technologies

3.2.2.1. Reformulating of Business model Canvas

3.2.2.1.1. Ex. of: Business Model Canvas

3.2.3. Innovation

3.2.3.1. Types of inovation

3.2.3.1.1. Incremental

3.2.3.1.2. Radical

3.2.3.1.3. Reverse Innovation

3.2.3.2. Megatrends

3.2.3.2.1. SOCIAL

3.2.3.2.2. TECHNO

3.2.3.3. Innovation strategies

3.2.3.3.1. Inventive

3.2.3.3.2. Adaptive

3.2.3.3.3. Economic

3.2.3.3.4. Unconventional

3.2.3.4. Process Innovation

3.2.3.5. Sources of innovation

3.2.3.5.1. Everyone

3.2.4. Social Responsability

3.2.4.1. Ethics when doing business

4. Levels of management

4.1. Top Managers

4.2. Middle Managers

4.3. 1st Line managers