Assignment 1.1
.docx
School
Lahore**We aren't endorsed by this school
Course
ECONOMICS 123
Subject
Industrial Engineering
Date
Dec 16, 2024
Pages
3
Uploaded by ProfessorRose2225
Polytechnic University of Puerto RicoGraduate SchoolGraduate Program in Engineering ManagementMEM-ONLINEAssignment 1.1 (ST.5.6 .8)Module 01: Introduction to Engineering Management II Luis Noe Alicea RodríguezProfessor: Dra. Miriam Pabon PhD, PEWinter 2024 MEM6120-OLENGINEERING MANAGEMENT II
The Four Essential Elements of a ManagerPlanningManagers set goals and determine the best course of action to achieve them.Key Activities: Setting objectives, analyzing the current situation, forecasting future trends, anddeciding on strategies.OrganizingManagers arrange resources and tasks in a structured way to achieve the set goals efficiently.Key Activities: Allocating resources, assigning tasks, and designing the organization’s structure.LeadingManagers inspire and guide individuals or teams to work toward the organization's objectives.Key Activities: Communicating vision, motivating employees, resolving conflicts, and fosteringa productive work environment.ControllingManagers monitor performance and implement adjustments to ensure the organization stays ontrack to meet its goals.Key Activities: Setting performance standards, measuring outcomes, and taking corrective actionwhen needed
Reference:1."Management involves coordinating and overseeing the work of others so that theiractivities are completed efficiently and effectively" (Robbins & Coulter, 2022, p.25).Recoverd Monday November 18, 2024.