Dimensions of management

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  • 1. THE DIMENSIONS OFMANAGEMENT 1
  • 2. BUSINESS ENTERPRISE AND INSTITUTION  Organs of the society.  Fulfil a specific social purpose.  Satisfy the specific need of a society, community or individuals.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 2
  • 3. WHAT IS MANAGEMENT ?  Organ of the Institution.  Management is defined by its three tasks Establishing the specific purpose and mission of the institution, whether business enterprise, hospital, or university. Making work productive and the worker effective. Managing social impacts and social responsibilities.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 3
  • 4. SPECIFIC PURPOSE OR MISSION Existence for a purpose or mission.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 4
  • 5. BUSINESS ENTERPRISES  Exists for a specific purpose or mission.  Exists for a specific economic performance.  Economic performance is rationale and purpose.  Every decision and action should be based on economic performance.  Has the responsibility of profitability.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 5
  • 6. NON BUSINESS ENTERPRISES  Exists for a specific purpose or mission.  Has a specific social function.  Economic consideration are restraint.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 6
  • 7. WORK ACHIEVEMENT Work productive. Worker effective. TRUE RESOURCE : PEOPLE Workers are considered as organisms having a distinct physiological and psychological properties, abilities, limitations and distinct mode of action.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 7
  • 8. Process of achieving success Worker Work Achieveeffective productive goals SUCCESSDimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 8
  • 9. SOCIAL RESPONSIBILITIES  Managing the social impacts and the social responsibilities of the enterprise.  Business to supply goods and services to customers rather than providing jobs to workers and managers or dividends to stockholders.  Impact over people, community and society.  Power and authority over people like employees.  It should be concerned with both quantities and qualities of life of the modern man and community.Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 9
  • 10. Dimensions of Management from Essentials of Peter Drucker.Presented by Sheereen, PGDM student, IIBM, Patna 10