UNIT-1 OVERVIEW OF MANAGEMENT

Management is the process of designing

&maintaining an environment in which

individuals working together in groups
efficiently accomplish selected aims

NATURE OF
MANAGEMENT
Management is multidisciplinary in nature
Management is a continuous process
Management is a universal activity
Science as well as art
Management is dynamic not static
Group activity
System of authority

SCOPE OF MANAGEMENT
Functional areas of management
Subject of management
It is an inter disciplinary approach
Principles of management
It is an agent of change
Essentials of management

FUNCTIONS OF MANAGEMENT
Planning
Organizing
Staffing
Directing
Controlling

Management levels
Top level
Middle level
Lower level

MANAGEMENT SKILLS
Technical skills
Human skills
Conceptual skills

ROLE OF MANAGERS
Attainment of group goals.
Effective functioning of business.
Resource development.
Management controls the organization.
Sound organization structure.
Integrates individual efforts.
Motivation
Communication
Coordination
Decision making
Leadership quality
Needed at all levels

EVOLUTION OF MANAGEMENT
Pre scientific period
Classical management theory

I. Scientific management of taylor

ii. Administrative management of fayol
iii. Bureaucratic model of max weber
Neo Classical theory
Modern theory
i. System approach
ii.Contingency approach

ELEMENTS OF SCIENTIFIC
MANAGEMENT
Planning the task
Scientific task and rate-setting

i.Method study
ii.Motion study
iii.Time study
iv.fatigue study
v.Rate setting
Scientific selection of training.
Standardisation
Specialisation
Financial incentives
Economy
Mental revolution

BENEFITS OF SCIENTIFIC
MANAGEMENT
Proper selection and training of workers.
Better utilization of various resources.
Incentives wages to workers for higher production.

FAYOLS ADMINISTRATIVE MANAGEMENT

THEORY
Technical
Commercial
Financial
Security
Accounting
Management

BEHAVIOURAL MANAGEMENT
THEORY
Mary parker
Elton mayo
Illumination experiment
Relay assembly test room experiment
Mass interview programme
Abraham maslow
Douglas mcgregor
Chester barnard

SYSTEMS APPROACH TO
MANAGEMENT
Input
Transformation process
Output
Feedback
Environment

Managerial levels based on system

Approach
Technical level
Organizational level
Institutional level

Contingency Approach to management

Characteristics of the environment
Determine the design of an organisation
Organisation in stable environment
Organisation in changing enviroment

ORGANIZATION &ENVIRONMENT
FACTORS
Internal
External

Internal Environment
factors
Suppliers
Customers
Competitors

External Environment
factors
Technology
Economic conditions
Political factors
Socio cultural factors

Trends & Challenges of Management

in global scenerio
Workforce diversity
Changing employee expectation
International environment
Building organizational capabilities
Job design
Changing psycho-social system
Technological advance
Management of human relations
Changes in legal environment
Expanding globalization

INDIAN BUSINESS IN THE

GLOBALISATION

Textiles
Pharmaceuticals
Software
Automobiles
Industrial sector
Financial sector
Economic sector
Information technology
Competition
Cultural
Technical sector
Legal/Ethical sector