INTRODUCTION TO

MANAGEMENT
 MANAGEMENT
Definition:
Henry Fayol: To manage is to forecast and to plan ,to organise,to
command,to coordinate and to control .

F.W.Taylor:Management is the art of knowing what you want to do and

then seeing that it is done in the best and cheapest way.
 MANAGEMENT
Definition:
Mary Parker Follet: Getting things done through people .

Peter Drucker:Management is a multipurpose organ that manage a business

and manages managers and manages workers and work.

Harold Koontz : Management is the creation & maintenance of an internal

environment in an enterprise where individuals , working in groups can perform
efficiently and effectively towards the attainment of group goals.
 What Management?
 The attainment of organizational goals in an effective and efficient manner
through
 Four functions
planning,
organizing,
leading, and
controlling organizational resources.

4
• MANAGEMENT IS A DYANAMIC LIFEGIVING
ELEMENT IN AN ORGANISATION, WITHOUT
IT THE RESOURCES OF PRODUCTION
REMAIN MERE RESOURCES AND NEVER
BECOME PRODUCTION

• (PETER DRUCKER)

IMPORTANCE
 Management Art or Science

• Management as a science
• Systematic body of Knowledge Management as an Art
• Universal principles
• Cause and Effect Relationship
Personalised
• Test of validity and
predictability

Creativity

Improves through practice

SCOPE OF MANAGEMENT

HUMAN RESOURCE PRODUCTION

Business Management

MARKETING FINANCE

INFORMATION
TECHNOLOGY

8
 Management Functions

Planning Organizing

Management
Functions

Controlling Leading

9
 Management Functions (cont’d)

Planning

A process that includes:

 Defining goals,
 Establishing strategy,
 Developing plans to coordinate
activities.
10
 Management Functions (cont’d)

Organizing
Determining :

what tasks are to be done,

 who is to do them,
 how the tasks are to be grouped,
 who reports to whom,
 and where decisions are to be made. 11
 Management Functions (cont’d)

Leading
A function that includes:

 Motivating employees

 Directing others

 Selecting the most effective communication channels,

 Resolving conflicts.

12
Management Functions (cont’d)

Controlling

Monitoring activities to ensure they are

being accomplished as planned and
correcting any significant deviations.

13