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    Welcome: TO Management

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    kaiparaghu
    This document introduces management by defining it as the systematic organization of economic resources to make them productive. It discusses the 4 Ms that must be managed: machine, material, money, and men. Management aims for effectiveness through doing the right things and efficiency by doing things right. The functions of management include planning, organizing, staffing, directing, and controlling. It outlines the contributors to the development of management theories and different approaches to management. Finally, it provides brief overviews of the key aspects of planning, organizing, staffing, directing, and controlling as functions of management.

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    Welcome: TO Management

    Uploaded by

    kaiparaghu
    36 views16 pages
    This document introduces management by defining it as the systematic organization of economic resources to make them productive. It discusses the 4 Ms that must be managed: machine, material, money, and men. Management aims for effectiveness through doing the right things and efficiency by doing things right. The functions of management include planning, organizing, staffing, directing, and controlling. It outlines the contributors to the development of management theories and different approaches to management. Finally, it provides brief overviews of the key aspects of planning, organizing, staffing, directing, and controlling as functions of management.

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    Intro

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    This document introduces management by defining it as the systematic organization of economic resources to make them productive. It discusses the 4 Ms that must be managed: machine, material, money, and men. Management aims for effectiveness through doing the right things and efficiency by doing things right. The functions of management include planning, organizing, staffing, directing, and controlling. It outlines the contributors to the development of management theories and different approaches to management. Finally, it provides brief overviews of the key aspects of planning, organizing, staffing, directing, and controlling as functions of management.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    36 views16 pages

    Welcome: TO Management

    Uploaded by

    kaiparaghu
    This document introduces management by defining it as the systematic organization of economic resources to make them productive. It discusses the 4 Ms that must be managed: machine, material, money, and men. Management aims for effectiveness through doing the right things and efficiency by doing things right. The functions of management include planning, organizing, staffing, directing, and controlling. It outlines the contributors to the development of management theories and different approaches to management. Finally, it provides brief overviews of the key aspects of planning, organizing, staffing, directing, and controlling as functions of management.

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    of 16

    WELCOME

    INTRODUCTION
    TO
    MANAGEMENT

    Raghuram-KIAS 1
    Raghuram-KIAS

    What is ‘Management’ ?

    2
    Raghuram-KIAS

    -- What Managers do.

    It is concerned with the systematic


    organisation of economic resources and its
    task is to make these resources productive
    - Peter Drucker

    The art of getting things done through and


    with people in formally organised groups
    - Koontz

    3
    Raghuram-KIAS

    What to be Managed ?

    4 Ms
    • Machine
    • Material
    • Money and
    • Men

    4
    Raghuram-KIAS

    Why Management ?

    Effectiveness
    doing Right things
    Efficiency
    doing things Right

    5
    Raghuram-KIAS

    Nature of Management:

    • Multi disciplinary
    • Dynamic Nature of Principles
    • Relative but not absolute
    • Science & Art
    • Universality

    6
    Raghuram-KIAS

    Functions of Management:

    General Operative
    1.Planning Production
    2.Organising Marketing
    3.Staffing Finance
    4.Directing and Human Resource ….etc
    5.controlling
    7
    Raghuram-KIAS

    LEVEL – SKILL GRID

    Top Level

    Middle Level

    Supervisory

    Technical Human Conceptual


    Skill Skill skill

    8
    Raghuram-KIAS

    Contributors to the development of


    Management

    F.W.Taylor – Scientific Management

    Henry Fayol – General Principles


    Chester Barnard – Social Systems Theory

    Peter Drucker

    Elton Mayo etc


    9
    Approaches to Management
    Raghuram-KIAS

    •Empirical Approach
    •Human Behaviour Approach
    •Social Systems Approach
    •Socio-Technical Systems Approach
    •Decision Theory Approach
    •Management Science Approach
    •Systems Approach
    •Contingency or Situational 10
    Raghuram-KIAS

    Planning: Plans
    Vision
    Vision
    Mission
    Mission
    Objective
    Objective
    Strategy
    Strategy
    Policy
    Policy
    Procedures
    Procedures
    Projects
    Projects
    Budgets
    Budgets
    11
    Raghuram-KIAS

    Organising

    •Authority- Responsibility concept


    •Line & Staff Relationship
    •Organisation Structures
    •Delegation & Decentralisation
    •Groups

    12
    Raghuram-KIAS

    Staffing
    •Human Resource Planning
    •Recruitment & Selection
    •Training & Development
    •Performance Appraisal

    13
    Raghuram-KIAS

    Directing
    Douglas McGregor’s Theory X & Theory Y

    Motivation Theories:
    Maslow’s Needs Theory
    Herzberg’s two factor theory
    McClelland’s Needs Theory
    Vroom’s Theory
    Leadership

    Communication
    14
    Raghuram-KIAS

    Controlling

    15
    Raghuram-KIAS

    Thank you

    16

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