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Concepts of management

Lecture 2
Concept of Management

 Activities are performed to achieve common


objectives. Almost all the objectives are realized
collectively through diverse groups of individuals.
Since every individual capacities are limited
which necessitates cooperation of other in
attainment of objectives
Function of Management

Co-coordinating Planning

Communicating Organizing
Management Process

Supervising Motivation

Directing

Applies on every organizing where two more person are


working together to realize some predetermined ends.
Industrial Revolution took place in England
in the years 18-19 century.
And large organization’s management is
viewed from various perspectives :-
• Large Scale Organizations
• Huge Investments
• Heavy Mechanizations
• Use of power
• Complex Division of work
• Excellence Specialization
Significance of Management

• Direct it towards stated objective.


• Acts as a creative, motivate &
invigorating force
• Acts as a binding force
• Plays crucial role in shaping the destiny
of an organization.
Concept

Definition in Commonplace of the term


management is as follows:-
“It is the function that deals with getting
things done through others to achieve
common & predetermined objectives.”
Theo Haimann has defined management in
three different senses: as a noun, as a
process, as a discipline
i. Refers to the group/body of personnel
having supervising and police making
responsibilities and having commanding
and controlling power.
ii. Process /functions of management.
Managerial function generally includes
planning, organizing, directing,
controlling and coordinating
iii. A subject/ discipline, a body of
knowledge and practice
Different views of Management

Functional concept:- According to Henri Fayol, “to


manage is to forecast and plan ,to organize, to control, to
command and to coordinate.

To plan is to see and provide means of examining the


future and drawing up the plan of action. To organize
means building up the dual structure material and human,
of undertaking. To command means maintaining activity
among personnel and coordinating means binding
together, unifying and harmonizing all activity and effort. To
control means seeing that every thing occurs in conformity with
established rules and expressed command.
Human Relations Concept:-Management is
the accomplishment of results through the
efforts of other people.

Decision Making Concept:- According to


Peter Drucker whatever a manager does, he
does through decision-making. The life of a
manger is a perpetual decision making
activity. Decision Making is the only vehicle
for carrying the managerial work-load and
discharging and managerial responsibilities.
System Concept
Contingency Concept

Characteristics Features of Management


• An offspring of corporate activity
• Is a universal process
• Is a Science as well as an Art
• Management as a profession
► Organized & Systematic
• Administration Vs. Management
►Management is a part of Administration
• Management is a social process
• Management is a dynamic process
• Managing is integrating and creative process
• Managing is a Comprehensive Process
• Managing is a goal oriented process