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Saturday, July 26, 2014

PPT ON CONCEPT OF MANAGEMENT

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Concept Of Management Presentation Transcript
 
 1. INTRODUCTION
One of the human activities is managing ever since people began forming groups to accomplish aims they could not achieve as individuals, managing has been essential to ensure the coordination of individual efforts concepts are building blocks of they and principles. The concept of management must be clear to those who use them. However, a precise definition of management is not so simple because the term management is used in a variety of ways.

2. DEFINITION
  • Management has been defined as the creation and maintenance of internal environment in an enterprise where individuals working together in groups, can perform efficiently and towards the attainment of group goals. (Koontz and O’Donell)                
  • Management may be defined as the art of applying the environment principles that underline the control of men and material in the enterprise under consideration. (Kimball and Kimball)
3.IMPORTANT REASONS FOR MANAGEMENT CONCEPTS
To
  • Increase managerial efficiency
  • Develop a science of management and to crystallize the nature of management
  • Prepare and study research projects every year
  • Acquire social achievement
4. STAGES OF MANAGEMENT
  • Top management
  • Middle order management
  • Lowest level management
 5.THE TERM MANAGEMENT IS USED IN THREE ALTERNATIVE WAYS
  1. Management as a discipline
  2. Management as a group of people
  3. Management as a process
1. Management as a discipline
Discipline refers to a field of study having well-defined concepts and principles. When we refer to management as a discipline, we include in it the various relevant concepts and principles, the knowledge of which aides in managing. From this point of view, management can be treated either as an art or science .

2. Management as a group of people
Sometimes, we refer to management as a group of people in which we include all those personnel who perform managerial functions in organizations.

3. Management as a process
A process can simply defined as systematic method of handling activities. How ever the management process can be treated as a complex one which can be referred to as an identifiable flow of information through interrelated stages of analysis directed towards the achievement of an objective or set of objectives

6. PRINCIPLES AND IMPORTANCE OF MANAGEMENT

1) Principles of policy making
    An effective management needs, clear and well thought out policy. The evolved polices should be such which may be acceptable to all and may be able to arouse the interest of the workers and provide incentives to all those who are responsible giving the polices a practical shape.

2) Principles of Improvement and adjustment

    An enterprise is a going concern, it grows step by step steadily but surely. The management has, therefore, to prove itself a living science. It should be flexible, able to accept improvement and adjust itself according to the dictate of the situation.

3) Principles of balance
In order to develop on proper lines with high degree of efficiency and economy the enterprise is required to have a balanced structure. Here, at least for this purpose the chief executives is required to go through all the details minutely and he is also to ensure that a proper balance between the duties, responsibilities rights and authority is well established.

4) Principle of Individual effectiveness

    According to Henri Fayol proper training on scientific lines for increasing the individual effectiveness. Proper training, good wages policy, human relations, and healthy surroundings also help the enterprise in increasing the effectiveness of an individual.

5) Principles of relationship of task and accomplishment
    Everyone should be placed in his assigned job according to his skill, knowledge, aptitude and experience so as to ensure efficiency and understanding. The scientific selection of workers helps the management in placing the workers at places where they are fitted suitably.

6) Principles of simplicity
    Working of any organization should be as simple as possible. From principle of simplicity we mean that plants used in production, procedure followed in routine jobs and the way in which materials and of course the mean are put to use should be simple enough.

7) Principles of specialization
    Standardization is a focal point of scientific management and it comes through specialization. Specialization increases the productivity. Quality of product improves due to specialization.

8) Principle of standardization
    Specialization makes standardization possible. Standardization helps in marketing the product. Quota and quality production is ensured with the help of standardization. Cost calculation becomes easy. The principle of standardization is of utmost importance to the management from the point of view of production, marketing, supervision and best utilization of available resources.

9) Principle of financial Incentives
    Sound wages policy based on financial incentives elicits maximum co-operation of the workers. This obviously ensures growth and prosperity to the enterprise. Serving the society is best possible manner in another goal of management which it can attain if the workers are satisfied and interested in serving the enterprise to their fullest capacity. The principle of financial incentives helps the management in achieving these objectives as well.

10) Principle of planning
    Planned work ensures smooth running of an enterprise. Plans decide as to what, when, how and of course whom a work is to be accomplished. Pre-determined objectives and thought give the point of achievement and success.

11) Principle of control
    However reasonable, discipline efficient and responsible worker might be needs a supervision and proper control. Effective control decides the future of the organization, standardization of jobs and product helps in better control over both men and materials.

12) Principle of leadership
    Supervision and control precedes the leadership, guidance and direction. Unless these are provided properly and as per the requirement of the enterprise no amount of supervision and control can vouch safe the smooth running of the enterprise. A good leadership, better direction, required direction also ensure co-operation and good human velocities.

13) Principle of co-operation
    Co-operation begets confidence and ensures mutual respect. Both of them are a must for proper and smooth working hence the principle and need for co-operation among all of the confidence.

14) Principle of responsibility and authority   
    Duties and responsibilities, rights and authority go together. Rights and authority cannot be exercised, unless they are clearly spelled out. It necessary that each workman and each section of the enterprise must be supplied a list of their duties and responsibilities which is to be performed and rights and authority they would enjoy while shouldering the burden of their duties and fulfilling their responsibilities.

15) Principle of exception
    According to this principle top management should be made free from routine nature of jobs so that it may devote its time in studying the problems and solutions to solve them.

7. FOR MORE INFORMATION REFER TO PPT.

8. THANK YOU.
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