Your SlideShare is downloading. ×
0
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Principles of Management Lec-1
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

Principles of Management Lec-1

19,450

Published on

Published in: Education
5 Comments
6 Likes
Statistics
Notes
  • very nice presentation........
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Thank a lot...very nice presentation.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • thank you very mach . is very good
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • it's simple to understand and acccurate
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • thanx man! i really appreciate it!
    -Dinesh-spark!
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
No Downloads
Views
Total Views
19,450
On Slideshare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
1,017
Comments
5
Likes
6
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. Principles Of Management
  • 2. Prescribed text book Management: A global perspective 10 th edition Heinz Weihrich Harold Koontz Syllabus Chapters 1-2 5-12 16-18 20-21 Total = 15 Chapters No.of periods available :10 Principles Of Management
  • 3. Evaluation <ul><li>Internal 50 </li></ul><ul><li>Quizzes 10 </li></ul><ul><li>Assignment 10 </li></ul><ul><li>Class participation 05 </li></ul><ul><li>Attendance </li></ul><ul><li>Midterm test 25 </li></ul><ul><li>External 50 </li></ul><ul><li>Total 100 </li></ul><ul><li>Pass Percentage 50% </li></ul><ul><li>TERM WORKLOAD </li></ul><ul><li>Quizzes 2 (1 each before & after Mid Term) </li></ul><ul><li>Assignments 2 (1 each before & after Mid-Term) </li></ul><ul><li>Mid term test 6 th Week </li></ul><ul><li>Terminal Exam 11 th Week </li></ul><ul><li>Attendance A minimum of 7 classes must be attended. </li></ul>
  • 4. Sessional Marks <ul><li>Will be announced before Terminal Exam. </li></ul><ul><li>Mid Term Test </li></ul><ul><li>Will be of one hour duration, and will be followed by lecture. </li></ul><ul><li>Terminal Exam </li></ul><ul><li>Will be of 3 hours duration containing approx 14 questions of which at least 9 will have to be attempted. </li></ul>
  • 5. Management <ul><li>One of the most important activities of human beings. </li></ul><ul><li>It is an art. </li></ul><ul><li>It can be learnt. </li></ul>
  • 6. <ul><li>Management </li></ul><ul><li>Definintion1 </li></ul><ul><li>Manipulation of resources to achieve objectives </li></ul><ul><li>Resources:4Ms </li></ul><ul><li>Men </li></ul><ul><li>Material </li></ul><ul><li>Money </li></ul><ul><li>Machine </li></ul>
  • 7. Management <ul><li>Definition.2 </li></ul><ul><li>The process of getting activities completed efficiently and e ffectively with and through other people. </li></ul>
  • 8. Management <ul><li>Definition 3 </li></ul><ul><li>It is a process of designing and maintaining an environment in which individuals, working together in groups, efficiently accomplish selected aims. </li></ul>
  • 9. Management <ul><li>Definition 4 </li></ul><ul><li>Is the process by which managers create, direct, maintain, and operate purposive organizations through coordinated, cooperative human effort. </li></ul>
  • 10. Management <ul><li>Definition 5 </li></ul><ul><li>The attainment of organizational goals in an effective and efficient manner through planning , organizing , leading , and controlling organizational resources. </li></ul>
  • 11. PRINCIPLES In management, principles are fundamental truths. TECHNIQUES Techniques are essentially ways of doing things.
  • 12. EFFECTIVENESS To achieve objectives within the available resources EFFICIENCY To achieve objectives at the least cost of resources.
  • 13. ORGANIZATION <ul><li>It is a deliberate arrangement of people to accomplish some specific purpose. </li></ul><ul><li>Characteristics of an organization </li></ul><ul><li>Distinct Purpose </li></ul><ul><li>Deliberate Structure </li></ul><ul><li>People </li></ul>
  • 14. INPUTS <ul><li>Human </li></ul><ul><li>Capital </li></ul><ul><li>Managerial Skills </li></ul><ul><li>Technological Application </li></ul>
  • 15. OUTPUTS <ul><li>Products </li></ul><ul><li>Services </li></ul><ul><li>Satisfaction </li></ul><ul><li>Goal Achievement </li></ul><ul><li>Profits </li></ul>
  • 16. STAKE HOLDERS <ul><li>Owners </li></ul><ul><li>Employees </li></ul><ul><li>Consumers </li></ul><ul><li>Suppliers </li></ul><ul><li>Stock Holders </li></ul><ul><li>Government </li></ul><ul><li>Community </li></ul>
  • 17. Managing systems <ul><li>System </li></ul><ul><li>Is a set of inter-related and inter-dependent parts arranged in a manner that produces a unified whole. </li></ul><ul><li>Closed system </li></ul><ul><li>Open system </li></ul>
  • 18. Closed System <ul><li>System that is not influenced by or does not inter- act with its environment. </li></ul><ul><li>Open system </li></ul><ul><li>System that is dynamic and interacts with its environment. </li></ul>
  • 19. Universality of Management <ul><li>The reality that management is needed in all types and sizes of organizations, at all organizational levels, in all organizational areas and in organizations in all countries of the world. </li></ul>
  • 20. Functions Of Management <ul><li>Planning </li></ul><ul><li>Organizing </li></ul><ul><li>Staffing </li></ul><ul><li>Leading </li></ul><ul><li>Controlling </li></ul>
  • 21. PLANNING <ul><li>Is defining goals, establishing strategy to meet them, establish plans to coordinate activities. </li></ul>
  • 22. ORGANIZING <ul><li>Determining what tasks are to be done, establish the set-up, and deciding where decisions are to be made. </li></ul>
  • 23. STAFFING <ul><li>Having determined what tasks are to be done, deciding how many are required to do the tasks and who is going to do what . </li></ul>
  • 24. LEADING <ul><li>Motivating and directing, selecting most effective communication channels and resolving conflicts. </li></ul>
  • 25. CONTROLLING <ul><li>Measuring and correcting individual and organizational performance to keep them as planned . </li></ul>
  • 26. FUNCTIONS OF MANAGERS <ul><li>Planning </li></ul><ul><li>Organizing </li></ul><ul><li>Staffing </li></ul><ul><li>Leading </li></ul><ul><li>Controlling </li></ul>
  • 27. MANAGERIAL SKILLS <ul><li>Conceptual </li></ul><ul><li>Design </li></ul><ul><li>Human </li></ul><ul><li>Technical </li></ul>
  • 28. CONCEPTUAL SKILLS <ul><li>Ability to see the ‘big picture’, to recognize and understand significant elements in a situation. </li></ul>
  • 29. DESIGN SKILL <ul><li>Ability to solve problems that will benefit enterprise. Also ability to design a workable solution to the problems and to avoid them in future. </li></ul>
  • 30. HUMAN SKILLS <ul><li>Ability to work with people. </li></ul><ul><li>Creation of an environment in which people feel secure and free to express their opinions. </li></ul>
  • 31. TECHNICAL SKILL <ul><li>Knowledge of and proficiency in activities involving methods, processes and procedures. </li></ul>
  • 32. LEVELS OF MANAGEMENT 3 Top Level Management Middle Level First-Line Workers 2 1 4
  • 33. Levels Of Management <ul><li>Top level (Top Managers) </li></ul><ul><li>Responsible for making decisions and setting policies that affect all aspects of organization. </li></ul>
  • 34. <ul><li>Middle level (Middle level Managers) </li></ul><ul><li>Responsible for working out strategies and plans to implement decisions and policies made by top level managers. </li></ul>
  • 35. FIRST LINE LEVEL (Supervisors) <ul><li>Responsible for ensuring work is done according to plans. </li></ul>
  • 36. WORKERS(Operatvies) <ul><li>People who work directly on a job or task and have no responsibility for work of others. </li></ul>
  • 37. MANAGERIAL SKILLS First Line Technical Design / Human Skills Conceptual / Design Middle Top Level
  • 38. MANAGERIAL FUNCTIONS 45 25 20 5 35 30 20 15 5 15 30 50 TOP MIDDLE FIRST Plan Org Ldg Con
  • 39. MANAGERIAL ROLES <ul><li>Interpersonal </li></ul><ul><li>Informational </li></ul><ul><li>Decisional </li></ul>
  • 40. INTER PERSONAL ROLE <ul><li>Figurehead </li></ul><ul><li>Leader </li></ul><ul><li>Liaison </li></ul>
  • 41. INFORMATIONAL ROLE <ul><li>Monitor </li></ul><ul><li>Disseminator </li></ul><ul><li>spokesperson </li></ul>
  • 42. DECISIONAL ROLE <ul><li>Entrepreneur </li></ul><ul><li>Disturbance Handler </li></ul><ul><li>Resource Allocator </li></ul><ul><li>Negotiator </li></ul>

×