PPT about Management

1. SCHOOL OF MANAGEMENT STUDIES
ODL - MBA – (2021 - 2023 BATCH)
SEMESTER - I
COURSE CODE – SBAA5101
COURSE NAME – MANAGEMENT
CONCEPTS
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2. INTRODUCTION ABOUT COURSE
UNIT 1 - INTRODUCTION TO MANAGEMENT
UNIT 2 - PLANNING AND ORGANISING
UNIT 3 - STAFFING AND DIRECTING
UNIT 4 - COORDINATION AND CONTROLLING
UNIT 5 - COMMUNICATION
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3. UNIT – I
TOPICS TO BE COVERED
INTRODUCTION TO MANAGEMENT
• Management – Nature – Importance – Functions
• Management Vs Administration
• Evolution of Management – Early contributions
• Social responsibility of Managers
• Managerial Ethics
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5. MANAGEMENT – CONCEPT
The term ‘management’ conveys different
meanings depending upon the context in
which it is used. Some of the important
concepts of management are given here:
• Management as an economic resources
• Management as a team
• Management as an academic discipline
• Management as a process
• Management as a human process

6. DEFINITIONS OF MANAGEMENT
“Management is the art of getting things done
through and with people in formally organized
groups” – Harold Koontz
“Management is the creation and maintenance
of an internal environment in an enterprise
which individuals, working in groups, can
perform efficiently and effectively towards the
attainment of group goals” – Koontz and
O’Donnell

7. NATURE AND FEATURES OF MANAGEMENT
•Management is Universal Process: Applied in all types of
institutions – social, religious, political, military,
commercial, bureaucratic etc. Every organization whose
aim is to achieve its goals through group efforts, needs
planning, coordination, direction and control –
Management
•Management is a goal oriented: Management is directed
towards achieving effectiveness and efficiency.
{Effectiveness is nothing but the actual achievement of
specific organizational goals while Efficiency is the
attainment of those goals with an optimal use of
resources.}

8. • Management is a social process: Management
basically deals with managing human beings
and their emotions, talents, attitudes, culture,
education etc. Management includes retaining,
developing and motivating people at work, as
well as taking care of their satisfaction as social
beings.
• Management is a coordinating force: Orderly
arrangement of activities to avoid duplication
and overlapping. It Integrates human and
physical resources.

9. • Management is intangible: Management cannot be
touched and felt. It does not have physical presence
(It is an unseen force).
• Management is multi-disciplinary: Management
has received rich contribution from various disciplines
like psychology, sociology, anthropology etc.
Management is about creating synergy (Synergy
means “the whole is greater than the sum of its
parts”).
• Management is dynamic: Management is an on
going process, it continues to operate as long as there
is organized action for the achievement of group
goals.

10. • Management is a creative activity:
Management provides creative ideas and new
imagination.
• Management is decision making:
Management of an organization continuously
takes decisions which decides the fate of the
organization.
• Management is a profession: Individuals can
be trained and turned to become a management
professional.

11. SCOPE OF MANAGEMENT
•Management as an Economic Resource: Five
M’s of Management – Money, Men, Material
Machinery, Methods.
•Management as a class or Elite: Managers
constitutes a class of professional who are elite
all over the world. A manager is a person who
has people working under him, and that could
be in any part of the activity.

12. Management as a System of Authority
• Web of relationships.
• Mangers enjoy more authority than people
working under them.
• Top management defines objectives and
provides directions.
• Middle management interprets and explains
the policies framed by the top management.
• Lower management is concerned with
routine activities.

13. FUNCTIONS/PROCESS OF MANAGEMENT

14. Planning: Planning means forecasting or predicting the future activity in a specific
manner or structure. It is the basic function and essential for all the
organization.
Organizing: It is collection or joining of all the resources available within the
organizational and outside, in order to achieve the organizational goal with
efficiency.
Staffing: It involves appointing the right man for the right job at the right time.
The management is to analyze the human resource, see if he is suitable for
the job and accordingly allocate the work in the organization.
Directing: It is showing the correct path or correct way to achieve the
organizational goal within the stipulated time.
Controlling: Controlling as a function involves regulating the person or examining
the person whether he is working in the right way or not. In order to achieve
the common goal as efficient as possible.
Coordinating: It is a type of support function. It involves accumulating the work to
achieve the task.
Budgeting: It means allocation of the resources. It involves financial planning for
the future activities.
Reporting: It is a statement showing the various activities to the top management.
It shows the status of the work done.

15. THANK YOU
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