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Ms unit i
 

Ms unit i

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As per UNTU syllabus

As per UNTU syllabus

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    Ms unit i Ms unit i Presentation Transcript

    • MANAGEMENT SCIENCE PREPARED BY Prof.N.Prasanna Balaji
    • UNIT-I Introduction to Management
    • INDEX UNIT 1 PPT SLIDES
      • S.NO. TOPIC LECTURE NO.
      • Introduction to Management L1
      • Concepts of Management of Organiztion L2
      • importance L3
      • Taylor’s Scientific L4
      • FUNCTIONS OF MANAGEMENT L5
      • Fayol’s Principle of Management L6
      • Mayo’s Hawthorne Experiments L7
      • Maslow’s theory of Human NeedsS L8
    • DEFINITION
      • H enri Fayol(1916):To manage is to forecast and plan ,to organize, to command, to coordinate and control
      • Peter. F. Drucker(1955):Management is concerned with the systematic organization of economic Resources and its task is to make these resources productive.
    • Nature and Features
      • Management is a social process
      • It also denotes a ‘a body of people’ involved in decision making
      • It is inexact science
      • It is an art and also science
      • It is profession
      • It is inter-disciplinary
      • It is complex
    • IMPORTANCE
      • It facilitates the achievements of goals through limited resources
      • It ensures smooth sailing in case of difficulties
      • It ensures continuing in the organization
      • It ensures economy and efficiency
      • It focus on group efforts
      • It is the key to the economic growth
    • Taylor’s Scientific Management Theory
      • F.W.Taylor –Father of Scientific Management
      • Taylor demonstrated the benefits of increased productivity and earnings through an experiment at “Bethlehem Steel Works”.
    • FUNCTIONS OF MANAGEMENT
      • According to Luther Gullick
      • P-----Planning
      • O------Organizing
      • S-----Staffing
      • D----Directing
      • Co---Coordinating
      • R---Reporting
      • B---Budgetting
    • Fayol’s Principle of Management
      • Henri Fayol contributed 14 principles to management
      • Division of Work
      • Authority
      • Discipline
      • Unity of command
      • Unity of direction
      • Subordination of individual interest to group interest
    • Fayol’s Principle of Management
      • 7 . Remuneration
      • 8.Centralization of authority
      • 9.Scalar chain
      • 10.Order
      • 11.Equity
      • 12.Stability of tenure of personnel
      • 13.Initiative
      • 14.Espirit de corps (Team work)
    • Mayo’s Hawthorne Experiments
      • Mayo known for his famous experiment at Hawthorne plant of the western electric company, Chicago, USA, for evaluating the attitudes and Psychological reaction of workers on the job situations.
    • Maslow’s theory of Human NeedsS
      • According to him humans have 5 needs
      • Physiological needs
      • Safety needs
      • Affiliation or acceptance needs
      • Esteem needs
      • Self-actualisation needs
    • Douglas McGregor’s Theory X and Theory Y
      • Theory X: Assumptions
      • Employees are lazy
      • They require constant guidance and support
      • Some times they require even coersion and control
      • Given an opportunity they would like to avoid responsibility
      • They do not show any ambition but always seak security
    • Theory Y
      • Assumptions :
      • Some employees consider work as natural as play as rest
      • They employees are capable of directing and controlling performance on their own. They are much committed to objectives of the organization.
      • Higher rewards make these employees more committed to organization.
      • Most of them are highly imaginative, creative, and display ingenuity in handling organizational issues.
      • Give an opportunity , they not only accept responsibility but also look for opportunities to out perform others.