logging in or signing up concept of management guptaritu Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2039 Category: Education License: Some Rights Reserved Like it (0) Dislike it (0) Added: August 20, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: Bhide (7 month(s) ago) Excellent Presentation. Mainly very useful for MBA students to understand the basic concepts of 'Management'. Many Thanks. Expect few more presentations useful for working / professional Managers. Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Slide 1: Every individual works in the organized group to achieve what he can’t achieve individually Management is an essential part of any group activity. Group can be:- Family Play group Work group School Business firm A government Management is universal process Wherever there is human activity, there is management “Management” : “Management” Management is looked at from the following angles As a Noun As a Process As a Discipline Management as a Noun : Management as a Noun Management refers to all those persons who are concerned with getting the things done through others. Ex.---persons of supervisory responsibilities, MD, GM, Board of Directors HUMAN RELATIONSHIP CONCEPT Management as a Process : Management as a Process Management refers to all that manager does. Ex.---Planning, Organizing , Staffing, Directing, Controlling FUNCTIONAL CONCEPT Management as a Discipline : Management as a Discipline Management refers to a body of knowledge, a practice and a discipline. Management refers to the principles and practices of management as a subject of study Definition of Management : Definition of Management Functional Concept To manage is to forecast and plan, to organize, to command, to coordinate and to control ----Henry Fayol Slide 7: Human Relation Concept Management is the art of directing and inspiring people ---- Mooney & Railey Management is the art of getting things done through & with people in formally organized groups. Its an art of creating an environment in which people can perform and individuals could co-operate towards attaining of group goals ---- Herold Koontz Slide 8: Leadership & Decision making Concept Management means decision making ---- Ross Moore Management implies substitution of exact scientific investigation and knowledge for the old individual judgment or opinion, in all matters in the establishment ---- F.W. Taylor Slide 9: Productivity Concept —Management as an art of increasing productivity Management may be defined as an art of securing maximum prosperity and happiness for both employer & employee and give the public the best possible service. ---- John, F. Mee Management is the art of knowing what u want to do…. In the best & the cheapest way. ---- F. W. Taylor Slide 10: Integration Concept Management is the force that integrates men & physical plant in to an effective operating unit. ---- Keith & Gubellini Management consists in guiding human & physical resources into a dynamic, hard- hitting organization unit that attains its objectives to the satisfaction of those served and a high degree of morale and sense of attainment on the part of those rendering the services. ---- Lawrence , A. Apply Nature/Characteristics of Management : Nature/Characteristics of Management Group Activity Goal- oriented—(economic & social objective) Universal in character Needed at all levels of Organization Distinct process (of POSDMC ) Social process System of authority Dynamic function (continuous, moulding the enterprise with changing business environment) Art as well as science Profession Intangible Purpose/Objectives of Management : Purpose/Objectives of Management Optimum utilization of resources Minimizing the element of risk Improving performance Planning for the future. Growth and Development of business Better quality goods Ensuring regular supply of goods Discipline and Morale Mobilizing the best talent Research and Development Importance of Management : Importance of Management Achievement of group objectives Optimum utilization of resources Minimization of cost to combat competition Increased profit Smooth running of business Provides innovation Change & growth Social benefits Scope of Management : Scope of Management Planning Organizing Staffing Directing Controlling Reporting Budgeting Financial Management Personnel Management Production management Purchase Management Material Management Office Management Branches of Management A Science or an Art ? : A Science or an Art ? The debate whether management is a science or an art is complicated. Management depicts characteristics of both. Mgt as Science : Mgt as Science Systematized body of knowledge that uses scientific methods of observation Principles are evolved on the basis of continued observation Principles are exact & universal application without any limitation Cause & effect relationship Validity can be verified and they prove a reliable basis of predicting future events It is systematized body of knowledge acquired by mankind through observation and experimentation and which is capable of verification LIMITATION OF MANAGEMENT AS A SCIENCE OR MANAGEMENT AS AN INEXACT OR SOCIAL SCIENCE : LIMITATION OF MANAGEMENT AS A SCIENCE OR MANAGEMENT AS AN INEXACT OR SOCIAL SCIENCE Management principles are not fundamental truths (not a exact science) Principles of management donot have a universal application (soft science or behavioural science) Management lacks certainty of results Mgt as an Art : Mgt as an Art It is systematic application of skill or knowledge in effecting accomplishment of results. It represents the methods or ways of doing specific thing and indicates how an objective is to be achieved. Every art is practical and is concerned with creation of something. Personal skill Practical knowledge Regular practice creativity Slide 19: MANAGEMENT IS AN ART AS WELL AS SCIENCE Mgt & Admin : Mgt & Admin Three Views Administration is part of management Administration comes first, management follows it Management and administration are same Management Administration Management = Administration Administration Management You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
concept of management guptaritu Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2039 Category: Education License: Some Rights Reserved Like it (0) Dislike it (0) Added: August 20, 2010 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: Bhide (7 month(s) ago) Excellent Presentation. Mainly very useful for MBA students to understand the basic concepts of 'Management'. Many Thanks. Expect few more presentations useful for working / professional Managers. Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Slide 1: Every individual works in the organized group to achieve what he can’t achieve individually Management is an essential part of any group activity. Group can be:- Family Play group Work group School Business firm A government Management is universal process Wherever there is human activity, there is management “Management” : “Management” Management is looked at from the following angles As a Noun As a Process As a Discipline Management as a Noun : Management as a Noun Management refers to all those persons who are concerned with getting the things done through others. Ex.---persons of supervisory responsibilities, MD, GM, Board of Directors HUMAN RELATIONSHIP CONCEPT Management as a Process : Management as a Process Management refers to all that manager does. Ex.---Planning, Organizing , Staffing, Directing, Controlling FUNCTIONAL CONCEPT Management as a Discipline : Management as a Discipline Management refers to a body of knowledge, a practice and a discipline. Management refers to the principles and practices of management as a subject of study Definition of Management : Definition of Management Functional Concept To manage is to forecast and plan, to organize, to command, to coordinate and to control ----Henry Fayol Slide 7: Human Relation Concept Management is the art of directing and inspiring people ---- Mooney & Railey Management is the art of getting things done through & with people in formally organized groups. Its an art of creating an environment in which people can perform and individuals could co-operate towards attaining of group goals ---- Herold Koontz Slide 8: Leadership & Decision making Concept Management means decision making ---- Ross Moore Management implies substitution of exact scientific investigation and knowledge for the old individual judgment or opinion, in all matters in the establishment ---- F.W. Taylor Slide 9: Productivity Concept —Management as an art of increasing productivity Management may be defined as an art of securing maximum prosperity and happiness for both employer & employee and give the public the best possible service. ---- John, F. Mee Management is the art of knowing what u want to do…. In the best & the cheapest way. ---- F. W. Taylor Slide 10: Integration Concept Management is the force that integrates men & physical plant in to an effective operating unit. ---- Keith & Gubellini Management consists in guiding human & physical resources into a dynamic, hard- hitting organization unit that attains its objectives to the satisfaction of those served and a high degree of morale and sense of attainment on the part of those rendering the services. ---- Lawrence , A. Apply Nature/Characteristics of Management : Nature/Characteristics of Management Group Activity Goal- oriented—(economic & social objective) Universal in character Needed at all levels of Organization Distinct process (of POSDMC ) Social process System of authority Dynamic function (continuous, moulding the enterprise with changing business environment) Art as well as science Profession Intangible Purpose/Objectives of Management : Purpose/Objectives of Management Optimum utilization of resources Minimizing the element of risk Improving performance Planning for the future. Growth and Development of business Better quality goods Ensuring regular supply of goods Discipline and Morale Mobilizing the best talent Research and Development Importance of Management : Importance of Management Achievement of group objectives Optimum utilization of resources Minimization of cost to combat competition Increased profit Smooth running of business Provides innovation Change & growth Social benefits Scope of Management : Scope of Management Planning Organizing Staffing Directing Controlling Reporting Budgeting Financial Management Personnel Management Production management Purchase Management Material Management Office Management Branches of Management A Science or an Art ? : A Science or an Art ? The debate whether management is a science or an art is complicated. Management depicts characteristics of both. Mgt as Science : Mgt as Science Systematized body of knowledge that uses scientific methods of observation Principles are evolved on the basis of continued observation Principles are exact & universal application without any limitation Cause & effect relationship Validity can be verified and they prove a reliable basis of predicting future events It is systematized body of knowledge acquired by mankind through observation and experimentation and which is capable of verification LIMITATION OF MANAGEMENT AS A SCIENCE OR MANAGEMENT AS AN INEXACT OR SOCIAL SCIENCE : LIMITATION OF MANAGEMENT AS A SCIENCE OR MANAGEMENT AS AN INEXACT OR SOCIAL SCIENCE Management principles are not fundamental truths (not a exact science) Principles of management donot have a universal application (soft science or behavioural science) Management lacks certainty of results Mgt as an Art : Mgt as an Art It is systematic application of skill or knowledge in effecting accomplishment of results. It represents the methods or ways of doing specific thing and indicates how an objective is to be achieved. Every art is practical and is concerned with creation of something. Personal skill Practical knowledge Regular practice creativity Slide 19: MANAGEMENT IS AN ART AS WELL AS SCIENCE Mgt & Admin : Mgt & Admin Three Views Administration is part of management Administration comes first, management follows it Management and administration are same Management Administration Management = Administration Administration Management