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This Presentation Covers

üConcept Of Management
üFeatures OF Management
üImportance of Management
üNature of Management
üScope of Management
üManagement as Science & Art
üFunctions of Management

Presented by:
Iqra Imtiyaz
Concept Of Management
vManagement is the art of getting things done through others and with formally
organized groups.
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vManagement means designing, organizing defining goals, formulating policies
and strategies in accordance with the prevalent environmental conditions.
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vManagement is the process involving planning, organizing, staffing, directing &
controlling human efforts to achieve stated objectives in an organization.

1.Management as a Discipline
2.Management as a Group of People
3.Management as a Process
4.
5.
Features of Management

Ø Organized activity
Ø Existence of objectives
Ø Relationship among Resources
Ø Working with & through People
Ø Decision Making
Importance of Management at Glance:

ü
ü Achievement of group goals
ü Optimum utilization of resources
ü Minimization of cost
ü Survival and growth of business
ü Generation of employment
ü National development
ü
Nature Of Management

ü
ü Multidisciplinary
ü Dynamic Nature
ü Relative, not absolute Principles
ü Management as a Profession
ü Management:Science or Art
ü Universality of Management
Scope of Management

ü
ü Production Management
ü Marketing Management
ü Financial Management
ü Personal Management
ü
ü
Management: Science Or
Art

 There is a controversy whether management is Science or Art.


Management as Both Science & Art

ü Management as Science
ü Management as Art
ü Management is both science as well as Art
Management Functions

ü Planning
ü Organizing
ü Staffing
ü Directing
ü Controlling

vPlanning: is the first function which basically is a logical thinking process
that decides what needs to be done in order to achieve organizational
goals & objectives. It focuses on the broader perspective of the business
as well as taking into consideration, the tactical methods to get desired
results.
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vOrganizing : is about setting up and maintaining the internal
organizational structure in accordance with the objectives mentioned in
the planning stage. It also involves assigning tasks to various individuals
for the achievement of the larger goals of organization.
vStaffing: is the process of choosing right people for the organisation.It
can be associated with human resource management & involves
recruitment, hiring, training & compensating the workforce.
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vDirecting: is guiding people in the organization through the means of
counseling, instructing &motivating in order to help them work effectively
and perform well in the organisation
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vControlling: The process of leading and influencing the task related


activities of group members or an entire organization in such a way that
the organizational goals are achieved.
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Thank You

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