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NATURE OF MANAGEMENT
Nature of management
ORGANIZATION
MANAGEMENT
AND
GROUP
SERVED
MANAGEMENT
BY
MANAGEMENT SKILLS
FUNCTIONS OF
MANAGEMENT
Characteristics
Goal-directed-to facilitate
accomplishment
Primacy of planning-basis for
organizing, leading and monitoring
Pervasiveness of planning-for small
and big agency, formal or informal
Effectivity of plans-can be
measured hence attainable
Organizing
Importance
Leading
HATS/ROLE WORE BY
MANAGERS
Figurehead role
Leader role
Liaison role
Spokesperson role
Negotiator role
CONTROLLING
Setting
standards
comparing
actual performance with these
standards, and then corrective
actions as required
Monitoring performance of the
organization
Effective
control/assessment need
to:
Materials-their
availability,
condition, convertibility & waste
Services offered-extent to which
they are done
Policies-if all are still applicable or
need revisions
Linkages-its effectivity
7.
Division of Work
Authority and responsibility
Discipline
Unity of Command
Unity of direction
Subordination of individuals interest
to general interest
Remuneration of personnel
Fayols Principle
8. Centralization
9. Scalar Chain
10. Order
11. Equity
12. Stability of tenure
13. Initiative
14. Esprit de corps
Max Weber-father of
Bureaucratic
Organization
Characteristics
MANAGEMENT BY
OBJECTIVES
MBO
Phases Of MBO
QUALITY CONTROL
PROCESS
Quality control
6. Standardize the changes
7. Draw conclusion
Strategic Management
Approach
It is the process of formulating goals,
defining strategies and doing it to
achieve them.
It is the process of identifying and
pursuing the organizations strategic
plan by aligning internal capabilities
with
external
demands
of
its
environment, and then ensuring the
plan is being properly executed
Steps are:
1.
2.
3.
4.
5.
6.
7.
steps
8. Prepare operational resource
and project plan
9. Implement the plan
10. Monitor result/finding against
the plan
steps
Strategy-course of action
Strategic control-assessing the firms
progress towards its strategic objectives
and taking corrective actions
Strategic Planning-process of identifying
the business of the firm today and the
business it wants for the future
SWOT
Analysis-a
technique
for
summarizing a companys strengths,
weaknesses, opportunities and threats
scanning
Environmental scanning-means of
obtaining
and
compiling
information
about
those
environmental forces that might
be relevant to the companys
strategic planners.
Total Quality
Management
Steps are:
Decision Making
decision
Programmed
Decision-repetitive
and routine and that can be solved
through mechanical procedures
Non-programmed decision-unique
and
novel
and
mechanical
procedures are not available for
making decision
Rational
Approach
making
Management
to
Decision