SlideShare a Scribd company logo
1 of 12
What is Management?
Definition, Examples, Meaning of Management
Objectives of Management
The structure and strength of a management
system can influence the overall success and
productivity of an organization. Management
objectives aim to create achievable goals and
purposes for managers to implement and strive
toward. If you're interested in working in
management, you might benefit from
understanding the processes and meaning of
common management objectives.
What is the Nature of
Management?
The nature of management is not a simple
aspect it has various parameters of its own.
Organization is been working on these
Parameters to achieve their predetermined
goals.
● Multi-Disciplinary
● Dynamic Nature Of Principle
● Relative not absolute principle
● Management Science & art
● Management as a Profession
● The Universality Of Management
Principles of Management
• Division of Work
• Authority and Responsibility
• Discipline
• Unity of Command
• Unity of Direction
• Subordination of Personal Goals
• Remuneration
• Centralisation
• Scalar Chain
• Order
• Equity
• Stability
• Initiative
• Esprit de Corps
Levels of Management
Operational Management
Operational management is
typically the management of
employees and operations at
the grass root level of a
company’s functioning.
Middle Management
The intermediate level of
management, middle
management includes heads
and leaders who are usually
responsible for the efficient
functioning of particular
departments and divisions.
Top Management
The top management of any
company constitutes the top-
most rung of the company’s
authority, which usually
includes members such as
CEO, COO, CFO, CMO etc.
Functions of Management
Management is a set of principles relating to
the functions of planning, organizing,
directing, and controlling, and the
applications of these principles in harnessing
physical, financial, human, and informational
resources efficiently and effectively to
achieve organizational goals.
There are basically five primary functions of
management. These are:
f
1. Planning
2. Organizing
3. Staffing
4. Directing
5. Controlling
Scope of Management- What Areas can be Explored in this Field?
The scope of management outlines the management steps that a company requires to control work processes, complete
projects and deliver products or services. The management steps can include planning and carrying out the project tasks,
goals and deliverables. It also usually covers assigning deadlines, milestones and project team members. Like: Financial
Management, Marketing Management, Personnel Management, Production Management, Office Management
Explorer Top Management Specialization
In Demand
• MBA in Digital Marketing
• MBA in Business Analytics
• MBA in Data Analytics
• MBA in Entrepreneurship
• MBA in Finance
• MBA in Strategy
• MBA in International Business
• MBA in Human Resource Management
• MBA in Risk Management
• MBA in Operations
• MBA in Information Technology
• MBA in Leadership
Management Process
Steps and Aspects of Management
Importance of Management Why Do We Need Management?
In any organization, management is key to keeping
everything running smoothly. An authoritarian
manager usually takes a very top-down approach,
dictating what needs to be done and expecting
employees to follow instructions without
question. Management is the process of organizing
and directing resources to achieve a specific goal.
The Following are 10 reasons why management is need:
f
1. Management Ensures Company Has A Vision
2. Management Provides Leadership
3. Management Sets The Tone
4. Management Establishes Standards
5. Management Hires And Fires Employees
6. Management Makes Performance Evaluations
7. Management Controls Costs
8. Management Ensures Compliance
9. Management Authorizes Spending
10. Management Sets Strategy
Planning
Motivation
Organizing
Control
Coordination
The Managerial Process - What are
the Steps of Management?
Thanks!
Does anyone have any questions?
info@collegevidya.com
1800-420-5757
https://collegevidya.com/blog/management-process-
explained/

More Related Content

Similar to What is Management? Definition, Examples, Meaning of Management

Performance management-23779(1)
Performance management-23779(1)Performance management-23779(1)
Performance management-23779(1)Afnin Hoq
 
MPP-INTRO, DEFINITION.pptx
MPP-INTRO, DEFINITION.pptxMPP-INTRO, DEFINITION.pptx
MPP-INTRO, DEFINITION.pptxTina988985
 
General Management & Leadership Course ;Workplace Stress ;Attitudes &; Chan...
General Management  & Leadership Course  ;Workplace Stress ;Attitudes &; Chan...General Management  & Leadership Course  ;Workplace Stress ;Attitudes &; Chan...
General Management & Leadership Course ;Workplace Stress ;Attitudes &; Chan...Donald Donald
 
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMLEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMleanbusinessclub01
 
02 Management notes for mba
02 Management notes for mba02 Management notes for mba
02 Management notes for mbaAwais Qasim
 
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMLEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMleanbusinessclub01
 
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMLEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMleanbusinessclub01
 
Sdf9 article performance_mangement
Sdf9 article performance_mangementSdf9 article performance_mangement
Sdf9 article performance_mangementjaveria01
 
Introduction -Class 1,2.ppt
Introduction -Class 1,2.pptIntroduction -Class 1,2.ppt
Introduction -Class 1,2.pptMdParvezRasel1
 
Performanceaprsl
PerformanceaprslPerformanceaprsl
Performanceaprsldestiny30
 
General Management Course - 16th -27th February 2015
General Management  Course - 16th -27th February 2015General Management  Course - 16th -27th February 2015
General Management Course - 16th -27th February 2015Donald Donald
 
Management & leadership
Management & leadershipManagement & leadership
Management & leadershipMaham Nasim
 
Production and operations management
Production and operations managementProduction and operations management
Production and operations managementBabasab Patil
 
Operations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec domsOperations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec domsBabasab Patil
 
Overview of Management - Management Process
Overview of Management -  Management ProcessOverview of Management -  Management Process
Overview of Management - Management ProcessRamasubramanian H (HRS)
 
Operations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec domsOperations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec domsBabasab Patil
 
Johnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup Growth
Johnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup GrowthJohnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup Growth
Johnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup GrowthJohnsonKachidza1
 

Similar to What is Management? Definition, Examples, Meaning of Management (20)

1st slide to report
1st slide to report1st slide to report
1st slide to report
 
Performance management-23779(1)
Performance management-23779(1)Performance management-23779(1)
Performance management-23779(1)
 
MPP-INTRO, DEFINITION.pptx
MPP-INTRO, DEFINITION.pptxMPP-INTRO, DEFINITION.pptx
MPP-INTRO, DEFINITION.pptx
 
General Management & Leadership Course ;Workplace Stress ;Attitudes &; Chan...
General Management  & Leadership Course  ;Workplace Stress ;Attitudes &; Chan...General Management  & Leadership Course  ;Workplace Stress ;Attitudes &; Chan...
General Management & Leadership Course ;Workplace Stress ;Attitudes &; Chan...
 
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMLEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
 
02 Management notes for mba
02 Management notes for mba02 Management notes for mba
02 Management notes for mba
 
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMLEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
 
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAMLEAN BUSINESS 2100 MANAGEMENT PROGRAM
LEAN BUSINESS 2100 MANAGEMENT PROGRAM
 
Sdf9 article performance_mangement
Sdf9 article performance_mangementSdf9 article performance_mangement
Sdf9 article performance_mangement
 
Introduction -Class 1,2.ppt
Introduction -Class 1,2.pptIntroduction -Class 1,2.ppt
Introduction -Class 1,2.ppt
 
Performanceaprsl
PerformanceaprslPerformanceaprsl
Performanceaprsl
 
General Management Course - 16th -27th February 2015
General Management  Course - 16th -27th February 2015General Management  Course - 16th -27th February 2015
General Management Course - 16th -27th February 2015
 
Management & leadership
Management & leadershipManagement & leadership
Management & leadership
 
Production and operations management
Production and operations managementProduction and operations management
Production and operations management
 
Operations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec domsOperations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec doms
 
Introduction (1)
Introduction (1)Introduction (1)
Introduction (1)
 
Chapter 4
Chapter 4Chapter 4
Chapter 4
 
Overview of Management - Management Process
Overview of Management -  Management ProcessOverview of Management -  Management Process
Overview of Management - Management Process
 
Operations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec domsOperations management 2 nd sem mba @ bec doms
Operations management 2 nd sem mba @ bec doms
 
Johnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup Growth
Johnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup GrowthJohnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup Growth
Johnson Kachidza And Regina Kachidza | Leadership Skills For Your Startup Growth
 

Recently uploaded

Science lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lessonScience lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lessonJericReyAuditor
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxNirmalaLoungPoorunde1
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfadityarao40181
 
Blooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxBlooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxUnboundStockton
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxthorishapillay1
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13Steve Thomason
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Celine George
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdfSoniaTolstoy
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting DataJhengPantaleon
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxiammrhaywood
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Celine George
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application ) Sakshi Ghasle
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptxVS Mahajan Coaching Centre
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon AUnboundStockton
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxRaymartEstabillo3
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTiammrhaywood
 

Recently uploaded (20)

Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Bikash Puri  Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Bikash Puri Delhi reach out to us at 🔝9953056974🔝
 
Science lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lessonScience lesson Moon for 4th quarter lesson
Science lesson Moon for 4th quarter lesson
 
Staff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSDStaff of Color (SOC) Retention Efforts DDSD
Staff of Color (SOC) Retention Efforts DDSD
 
Employee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptxEmployee wellbeing at the workplace.pptx
Employee wellbeing at the workplace.pptx
 
Biting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdfBiting mechanism of poisonous snakes.pdf
Biting mechanism of poisonous snakes.pdf
 
Blooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docxBlooming Together_ Growing a Community Garden Worksheet.docx
Blooming Together_ Growing a Community Garden Worksheet.docx
 
Proudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptxProudly South Africa powerpoint Thorisha.pptx
Proudly South Africa powerpoint Thorisha.pptx
 
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdfTataKelola dan KamSiber Kecerdasan Buatan v022.pdf
TataKelola dan KamSiber Kecerdasan Buatan v022.pdf
 
The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13The Most Excellent Way | 1 Corinthians 13
The Most Excellent Way | 1 Corinthians 13
 
Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17Computed Fields and api Depends in the Odoo 17
Computed Fields and api Depends in the Odoo 17
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data_Math 4-Q4 Week 5.pptx Steps in Collecting Data
_Math 4-Q4 Week 5.pptx Steps in Collecting Data
 
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Kamla Market (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptxSOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
SOCIAL AND HISTORICAL CONTEXT - LFTVD.pptx
 
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
Incoming and Outgoing Shipments in 1 STEP Using Odoo 17
 
Hybridoma Technology ( Production , Purification , and Application )
Hybridoma Technology  ( Production , Purification , and Application  ) Hybridoma Technology  ( Production , Purification , and Application  )
Hybridoma Technology ( Production , Purification , and Application )
 
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions  for the students and aspirants of Chemistry12th.pptxOrganic Name Reactions  for the students and aspirants of Chemistry12th.pptx
Organic Name Reactions for the students and aspirants of Chemistry12th.pptx
 
Crayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon ACrayon Activity Handout For the Crayon A
Crayon Activity Handout For the Crayon A
 
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptxEPANDING THE CONTENT OF AN OUTLINE using notes.pptx
EPANDING THE CONTENT OF AN OUTLINE using notes.pptx
 
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPTECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
ECONOMIC CONTEXT - LONG FORM TV DRAMA - PPT
 

What is Management? Definition, Examples, Meaning of Management

  • 1. What is Management? Definition, Examples, Meaning of Management
  • 2. Objectives of Management The structure and strength of a management system can influence the overall success and productivity of an organization. Management objectives aim to create achievable goals and purposes for managers to implement and strive toward. If you're interested in working in management, you might benefit from understanding the processes and meaning of common management objectives.
  • 3. What is the Nature of Management? The nature of management is not a simple aspect it has various parameters of its own. Organization is been working on these Parameters to achieve their predetermined goals. ● Multi-Disciplinary ● Dynamic Nature Of Principle ● Relative not absolute principle ● Management Science & art ● Management as a Profession ● The Universality Of Management
  • 4. Principles of Management • Division of Work • Authority and Responsibility • Discipline • Unity of Command • Unity of Direction • Subordination of Personal Goals • Remuneration • Centralisation • Scalar Chain • Order • Equity • Stability • Initiative • Esprit de Corps
  • 5. Levels of Management Operational Management Operational management is typically the management of employees and operations at the grass root level of a company’s functioning. Middle Management The intermediate level of management, middle management includes heads and leaders who are usually responsible for the efficient functioning of particular departments and divisions. Top Management The top management of any company constitutes the top- most rung of the company’s authority, which usually includes members such as CEO, COO, CFO, CMO etc.
  • 6. Functions of Management Management is a set of principles relating to the functions of planning, organizing, directing, and controlling, and the applications of these principles in harnessing physical, financial, human, and informational resources efficiently and effectively to achieve organizational goals. There are basically five primary functions of management. These are: f 1. Planning 2. Organizing 3. Staffing 4. Directing 5. Controlling
  • 7. Scope of Management- What Areas can be Explored in this Field? The scope of management outlines the management steps that a company requires to control work processes, complete projects and deliver products or services. The management steps can include planning and carrying out the project tasks, goals and deliverables. It also usually covers assigning deadlines, milestones and project team members. Like: Financial Management, Marketing Management, Personnel Management, Production Management, Office Management
  • 8. Explorer Top Management Specialization In Demand • MBA in Digital Marketing • MBA in Business Analytics • MBA in Data Analytics • MBA in Entrepreneurship • MBA in Finance • MBA in Strategy • MBA in International Business • MBA in Human Resource Management • MBA in Risk Management • MBA in Operations • MBA in Information Technology • MBA in Leadership
  • 9. Management Process Steps and Aspects of Management
  • 10. Importance of Management Why Do We Need Management? In any organization, management is key to keeping everything running smoothly. An authoritarian manager usually takes a very top-down approach, dictating what needs to be done and expecting employees to follow instructions without question. Management is the process of organizing and directing resources to achieve a specific goal. The Following are 10 reasons why management is need: f 1. Management Ensures Company Has A Vision 2. Management Provides Leadership 3. Management Sets The Tone 4. Management Establishes Standards 5. Management Hires And Fires Employees 6. Management Makes Performance Evaluations 7. Management Controls Costs 8. Management Ensures Compliance 9. Management Authorizes Spending 10. Management Sets Strategy
  • 12. Thanks! Does anyone have any questions? info@collegevidya.com 1800-420-5757 https://collegevidya.com/blog/management-process- explained/