1 / 13

MANGEMENT AN INTRODUCTION

MANAGEMENT

Manisha38
Download Presentation

MANGEMENT AN INTRODUCTION

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. NAME ;- MANISHA CLASS;- BBA 1ST YEAR ROLL NO:- 1221983010006 SUBJECT :- MANAGEMENT TOPIC :- MANAGEMENT AN INTRODUCTION BIG TEXT Management

  2. MANAGEMENT AN INTRODUCTION MANAGEMENT AN INTRODUCTION

  3. DEFINATION OF MANAGEMENT :- Management is the process of conducting a set of function such as planning, orgainizing, staffing , directing, motivation, cantrolling work done as effecient manner. "According to F.W Taylor:" - "management is the art of knowing what you want to do and them seeing that they do it in the best way". CHRACTERSTICS OF MANAGEMENT 1) it is a group effort 2) it is a goal oriented process 3)it has distint entity 4) it is intangible force 5) it is a process 6) it is a universe process 7) it is a system 8)it is a social science 9) it is both science and art

  4. 1) IT is a group effort :- Management is a Group Activity: Management is very much less concerned with individual’s efforts. It is more concerned with groups. It involves the use of group effort to achieve predetermined goal of management of ABC & Co. is good refers to a group of persons managing the enterprise. 2) IT IS GOAL ORIENTED PROCESS :- Goal-oriented development is the process of setting goals for the benefit of individual employees as well the company as a whole. Goal-oriented development is so crucial to organisation's success simply because it aligns business goals with employee goals.

  5. 3. Management influences and is influenced by environment: Management does not work in vacuum. It has to face the internal (controllable) and external (non-controllable) environment. 4. Management’s core is to take decisions: When Peter F. Drucker said that “whatever a manager does he does through decision making”, he was very clear of management’s core that it was decision making.

  6. 5. Managers bring life to organisation: ‘Good managers can propel an organisation into unprecedented realms of success, whereas poor managers can devastate even the strongest enterprises’. It is the management which can bring life through their dynamism to management process in this turbulent business environment. 6. Management is multi-disciplinary and multi-faceted activity: It is multi- disciplinary because it is a young discipline and has borrowed most of the concepts from other disciplines like economics, sociology, psychology, anthropology, mathematics, law, politics, et al..

  7. 7. Management is multi-disciplinary and multi-faceted activity: It is multi- disciplinary because it is a young discipline and has borrowed most of the concepts from other disciplines like economics, sociology, psychology, anthropology, mathematics, law, politics, et al.. 8. Management is a continuous process: Management is a continuous or never ending function. All the functions of management are performed continuously, for example planning, organising, staffing, directing and controlling are performed by all the managers all the time.

  8. 9. Management is a group activity Management always refers to a group of people involved in managerial activities. The management functions cannot be performed in isolation. 10) Management is a dynamic function: Management has to make changes in goal, objectives and other activities according to changes taking place in the environment. The external environment such as social, economical, technical and political environment has great influence over the management.

  9. 11 Intangible: Management function cannot be physically seen but its presence can be felt. The presence of management can be felt by seeing the orderliness and coordination in the working environment.

  10. PROCESS OF MANAGEMENT 1) PLANNING 2) ORGANIZING 3) STAFFING 4) MOTIVATION 5) CANTROLLING

  11. 1. Planning: It refers to deciding goals and activities today to achieve them tomorrow. It is the first function of management, because all other functions depend on planning. Planning involves determining Vision (what the organisation wants to be in future), Mission (a statement of values, principles, activities and Stakeholders), Objectives (qualitative and long- term), Goals (quantitative and short-term),. 2. Organizing: It involves identifying (what tasks are to be done) and grouping of activities (how the tasks are to be grouped), dividing grouped activities into small jobs and tasks (who is to do them), determining authority-responsibility relationship .

  12. 3. Staffing: To man the organisation and to bring it into action, the staffing function undertakes manpower planning, recruitment, selection, training, promotion, demotion, transfer, wage and salary administration and industrial relations. 4. Directing: Like a film director, a manager too has to direct the efforts of his subordinates. Directing includes the functions of leadership to influence the subordinates to work towards a common goal; motivation – to voluntarily bring out the best out of subordinates in the best interests of an organisaTION.

  13. 5. Controlling: It continuously involves setting the standards with which to measure the actual performance, measurement of ongoing performance, matching it with the standards, finding variations (causes of variations), and taking corrective action, if any. Control function is circular in nature, because these must be repeated until goals are achieved.

More Related