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is the art, of getting things done through and with people in formally organised groups. Management is a group or team of managers who together carry out various managerial activities. Management is the art of knowing What you want to do & then seeing that it is done in the best & cheapest way.
Management
is a process It is an integral method It is a human activity It is a social process It is universal It is needed at all level of org. It is group activity Multi-disciplinary method Intangible force Management is getting thing done Dynamic nature of principles It is both science and an art
Helpful
in optimum utilization of resources Helpful in more production Help to expand Organization Helpful in efficient & smooth running of business Provide new innovative ideas ,imagination & vision to the organization Establishing coordination among different parties of an institution. Development of society
1.Subject matter of management 2.Functional area of management Production management Financial management Personnel management Material management Marketing management 3. Management is an Inter-disciplinary approach
Max.
result in min. effort Higher efficiency Satisfaction of customer Better workforce Relationship with suppliers Better working condition Contribution to national goals
LEVELS OF MANAGEMENT
Top
Management
Chairman
Top
Mgt.
Board
Middle
management
head Branch head
Foreman Supervisor Sales
Departmental
Middle Mgt.
Lower
management
persons
Lower Mgt.
Input
Men & Women Material Machines Methods Money Markets
Process of management
Planning
Staffing & Directing
Output
Organizing
Controlling
Growth
PROCESS OF MANAGEMENT
ORGANISIN G
PLANNIN G
STAFFIN G
CONTROLLI NG
DIRECTI NG
Planning:-planning
is the conscious determination of future course of action. this involves why action , what
action, how to take action, and when to take action . Thus planning includes determination of specific objectives , determining projects and programmes , setting policies and strategies, setting rules and procedures , and preparing objectives. Organizing:-organizing is the process of dividing work into convenient tasks or duties ,grouping of such duties in the form of positions , grouping of various positions into departments and sections, assigning duties to individual positions, and delegating authority to each position , assigning duties to individual positions ,so that the work is carried out as planned .
positions created by the organizing process. It includes preparing inventory of personnel available and identifying the gap between manpower required and available.
Directing-
when the people are available in the organization , they must know what they are expected to do in the organization. superior managers fulfill this requirement by communicating to subordinates about their expected behaviour.
Controlling-
controlling involves identification of actual results , comparison of actual results with expected results as set by planned process, identification of deviation between the two , if any , and taking of corrective action so that actual results match with the expected result.
Ability
to think Broad vision Clear expression Technical ability Human resource skills Dynamic personality Emotional stability Integrity Organizational ability
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