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Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
Management basics
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Management basics

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Transcript

  • 1. Management Basics
  • 2. What is Management ??? Is the process of using what you have { RESOURCES }, to do what you want to do …. {GOALS}
  • 3. Resources {Assets} 7 categories of resources: People Money Time Work Procedures Energy Materials Equipment
  • 4. Goals Profit Levels or Maximum cost levels Maintenance or growth of financial strength Quality standards Guest employee & management concerns Professional obligations Societal concerns
  • 5. It is a multipurpose organ that manages business & manages managers & manages worker & work.
  • 6. The Management process….. on isi s v Re plan in in ge s e s han dur C ce pro
  • 7.  ADMINISTRATION MANAGEMENT ORGANIZATION Confusion ……….????
  • 8. Organization determines network or structure establishes or relationships among individuals. Administration refers to management functions of planning & control Administrative mngt Management Operative Mngt
  • 9. Administration: Concerned with laying down of corporate policy, obtaining finance, production & distribution. Management: Concerned with actual execution of policies within limits set by administration.  Organization: Combines the work in such a way with individuals/groups that duties formed provide best possible application of available effort 
  • 10. Levels of Management Non Management Employees
  • 11. Administrative  Board of directors CEO  Functional Top Execs  ExecssM   Middle Level Execs  First_Line Suupervisors Management First Line Supervisors
  • 12. Traits of a manager  Best Traits Fair/just in decisions Trusting/trusted at the same time Caring & analytical in thought Empowering & capable/responsible Always punctual  Worst Traits Deceitful Dishonest Shows favouritism Lazy Unorganized
  • 13. Skills of a manager …….. Human Resource Skills Technical Skills Conceptual Skills
  • 14. Conceptual Human resource Board of directors CEO Functional Top Execs Technical Middle Level Execs First Line Supervisors
  • 15. IS management an art or science ? ART: Because it depends on the skills, aptitude & creativity of the manager SCIENCE: Because there is considerable knowledge in the field of management with basic principles for guidance of basic activities.

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