"What management is"-Business classics presentation

1. WHAT MANAGEMENT IS?
HOW IT WORKS AND WHY IT’S EVERYONE’S
BUSINESS
JOAN MAGRETTA

2. TEAM FEDEX
 SINDHU
 RAMYA
 KEERTHI PRASANTH
 PRITESH
 NIKHIL
 DINESH
 CHANDRA MOHAN
 ASHISH
 CHETAN LAMBA
 AJAY

3. CHAPTER 1
VALUE CREATION: FROM THE OUTSIDE IN
(Price is what you pay. Value is what you get)
 What is value?
 Customers define value
 Value as efficiency
 The marketing mindset
 Maximizing shareholder value
 How is Value created?
 The right discipline for non profits
 Value is a system

4. CHAPTER 2
Business Models: Converting Insight to
Enterprise
 A good model tells a good story
 Good story a better story
 eBay
 Dell
 Stories that change the world

5. CHAPTER 3
STRATEGY : THE LOGIC OF SUPERIOR
PERFORMANCE
 Doing better by being different
 The link between strategy and performance
 How do you play the game of strategy
 From doing good to doing better : strategy for
non-profits

6. CHAPTER 4
ORGANIZATION : WHERE TO DRAW THE LINES
 Three types of lines:-
Boundary Lines
Lines of the Organization Chart
Lines of Authority
 Ford versus Sloan : Two strategies, Two structures
 Alfred Sloan’s organization
 Manage or buy : Outsourcing Is In
 Toyota Redrew the lines of Scope and Authority
 Organizing to Tackle Society's Biggest Problems

7. CHAPTER 5
FACING REALITY : Which Number Matter
and Why?
 Numbers No Organization Can Live
Without.

8. CHAPTER 6
THE REAL BOTTOM LINE: MISSION AND
MEASURES
 From the model T to the mars mission : good
and bad measure
 In search of the universal measure
 Mission critical
 Matching measures to mission
 Changing measures at GE
 What’s the bottom line when There is no bottom
line?

9. CHAPTER 7
INNOVATION AND UNCERTAINITY
 Juggling the present and the future
 Good management is entrepreneurial
 Thinking inside the box
 Information you need
 Making decisions

10. CHAPTER 8
DELVIVERING RESULTS:FIRST,YOU FOCUS
 Results are obtained by exploiting by
opportunities, not buy solving problem.
 Law of Pareto Know as 80-20 Rule.
 Resource Allocation it mean, buy low sell high
 While delivering result have to maintain
discipline.
 Beating yesterday.

11. CHAPTER - 9
Managing people: Which value matter
and why ?
 Managing cultural: The social dimension.
 Making value come alive.
 Management’s golden rule: Trust
 Respect for the individual.

12. CONCLUSION
 A DESIGN TO MATCH THE PURPOSE
 THE WORK OF EXECUTION