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PRINCIPLES AND PRACTICE OF MANAGEMENT References Books- PPM - L M PRASAD - Kumkum Mukherjee -

PRINCIPLES AND PRACTICE OF MANAGEMENT

References Books-

PPM- L M PRASAD

  • - Kumkum Mukherjee

  • - P C Tripathi

  • - P N Reddy

  • - Richard L Daft

  • - Stephen Covey ( Scope of Mgt.)

 
BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 1. Management as a discipline, 2. Management as a group of people,
 
  • 1. Management as a discipline,

  • 2. Management as a group of people, and

  • 3. Management as a process

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 1. Management as a discipline-  Management can be treated either as
 

1. Management as a discipline-

  • Management can be treated either as an art or

science, the two basic & broad disciplines.

  • Management prescribes various principles & how

these principles can be applied in managing an

organization, it has the orientation of both, Science & art.

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 2. Management as a group of people-  Management as a group
 

2. Management as a group of people-

  • Management as a group of people in which we

include all those personnel who perform managerial functions in organizations.

  • For example, relationship between management & labour, we refer to two distinct groups of personnel in the organization.

  • In the first category, who are responsible for managerial functions & in the second category, non- managerial personnel.

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT

3. Management as a process-

  • A process can be simply be defined as systematic method of handling activities.

  • The total activities of an organization can be divided into two groups: Operational & Managerial activities.

  • Historically, four such orientations have been

adopted in defining management process:

  • 1. Production- or efficiency- oriented,

  • 2. Decision-oriented,

  • 3. People-oriented, &

  • 4. Function- oriented.

 
 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 1. Production- or efficiency- oriented- “ Management is the art of knowing
 

1.

Production- or efficiency- oriented-

“ Management is the art of knowing what you

want to do & then seeing that it is done in the best

& cheapest way.”

This definition emphasizes relationship between efforts & results.

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 2. Decision-oriented- “ Management is simply the process of decision making &
 

2. Decision-oriented-

“ Management is simply the process of decision

making & control over the action of human beings for the expressed purpose of attaining pre-

determined goals.”

The decision-oriented definition of management indicates that the basic activity of a manager is to make decisions & enforce these

decisions.

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 3. People-oriented- “ Management is the accomplishment of results through the efforts
 

3. People-oriented-

“ Management is the accomplishment of results

through the efforts of other people.”

 

BASIC CONCEPTS OF MANAGEMENT

BASIC CONCEPTS OF MANAGEMENT 4. Function- oriented- “ Management is a process involving planning, organizing, staffing,
 

4. Function- oriented-

“ Management is a process involving planning,

organizing, staffing, directing & controlling human efforts to achieve stated objectives in an

organization.”

 

Definition of Management

Definition of Management “The term Management refers to the process of getting things done, effectively and
 

“The term Management refers to the process of

getting things done, effectively and efficiently,

through and with other people.” By Stephen P Robbins.

 

Definition of Management

Definition of Management “Management can be defined as a set of activities ( including Planning, Decision
 

“Management can be defined as a set of activities (

including Planning, Decision Making, Organizing,

Leading and Controlling) directed at an

organization’s resources (human, financial,

physical and informational) with the aim of

achieving the organizational goals in an efficient

and effective manner.”

Reference Book-

Principles of Management

Author- Kumkum Mukherjee

 

Definition of Management

Definition of Management “Art of getting things done through people.” By Mary Parker Follett . Reference
 

“Art of getting things done through people.” By Mary Parker Follett.

Reference Book-

Principles of Management Author- P C Tripathi

P N Reddy

 

Definition of Management

Definition of Management “Management as a process, consisting of planning, organizing, actuating and controlling, performed to
 

“Management as a process, consisting of planning,

organizing, actuating and controlling, performed to

determine and accomplish the objectives by the use

of people and resources.”

By George R Terry.

Reference Book- Principles of Management Author- P C Tripathi P N Reddy

 

Definition of Management

Definition of Management “ Management is the attainment of organizational goals in an effective and efficient
 

“ Management is the attainment of organizational

goals in an effective and efficient manner through planning, organizing, leading and controlling

organizational resources.”

Reference Book- Principles of Management Author- Richard L Daft

 

Definition of Management

Definition of Management “ Management is the creation and maintenance of an internal environment in an
 

“ Management is the creation and maintenance of an

internal environment in an enterprise, where individuals, working together in groups can perform efficiently and effectively towards the attainment of

group goals.” Reference Book- Principles of Management Author- Richard L Daft

 
SCOPE AND NATURE OF MANAGEMENT

SCOPE AND NATURE OF MANAGEMENT

 
 

SCOPE OF MANAGEMENT

SCOPE OF MANAGEMENT i. Production Management- a. designing the product, b. location and layout of plant
 

i.

Production Management-

  • a. designing the product,

  • b. location and layout of plant & building,

  • c. planning and control of factory operations,

  • d. operation of purchase and storage of materials,

  • e. repairs and maintenance,

  • f. inventory cost and quality control,

 
  • g. R & D, etc.

 

SCOPE OF MANAGEMENT

SCOPE OF MANAGEMENT ii . Personnel Management- a. Manpower Planning, b. Recruitment, c. Selection, d. Training,
 

ii. Personnel Management-

  • a. Manpower Planning,

  • b. Recruitment,

  • c. Selection,

  • d. Training,

  • e. Performance Appraisal,

  • f. Promotions and transfers,

  • g. Compensation,

  • h. Employee Welfare Services, &

  • i. Personnel records and Research, etc.

SCOPE OF MANAGEMENT

SCOPE OF MANAGEMENT iii. Financial Management- a. Selecting the appropriate source of funds, b. Raising the
 

iii. Financial Management-

  • a. Selecting the appropriate source of funds,

  • b. Raising the required funds at the right time,

  • c. Estimating the volume of funds.

 

SCOPE OF MANAGEMENT

SCOPE OF MANAGEMENT iv. Marketing Management- a. Marketing research to determine the needs and expectation of
 

iv. Marketing Management-

  • a. Marketing research to determine the needs and

expectation of consumers,

  • b. Planning and developing suitable products,

  • c. Selecting the right channel of distribution, and

  • d. Promotional activities like advertising and salesmanship to communicate with the customers.

 
NATURE OF MANAGEMENT Intangible Universal Force Process Science Intiegrative & Process Arts Multi- Dynamic Disciplinary Functions
NATURE OF MANAGEMENT
Intangible
Universal
Force
Process
Science
Intiegrative
&
Process
Arts
Multi-
Dynamic
Disciplinary
Functions
discipline
Social
Process
LEVELS OF MANAGEMENT TOP MGT MIDDLE MGT LOWER MGT
LEVELS OF MANAGEMENT
TOP
MGT
MIDDLE
MGT
LOWER
MGT

TOP MANAGEMENT

TOP MANAGEMENT Top Management is the ultimate source of authority. It establishes goals & policies for
 

Top Management is the ultimate source of authority.

It establishes goals & policies for the enterprise. It

devotes more time on the planning & coordinating functions.

It includes Board of Directors, Managing Directors, General Manager, etc.

 

MIDDLE MANAGEMENT

MIDDLE MANAGEMENT It generally consists of heads of functional departments. e.g. Production Manager, sales manager, Office
 

It generally consists of heads of functional

departments.

e.g. Production Manager, sales manager, Office Superintendent, Branch Manager, etc.

They receive orders & instructions from top mgt.& get the things done through lower level mgt. They devote more time on the motivational functions of mgt.

 

LOWER MANAGEMENT

LOWER MANAGEMENT Its direct contact with the workers. It includes Supervisors, officers, Forman, Clerk . It

Its direct contact with the workers. It includes Supervisors, officers, Forman, Clerk.

It is directly concerned with the control of the performance of the operative employees, under the instruction from middle level managers. They

devote more time on the supervision of the

workers. They are responsible for building high morale among workers.

 
THANK YOU
THANK YOU

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