3. The creative application of scientific principles to design or
develop structures, machines, apparatus, or manufacturing
processes, or works utilizing them singly or in combination; or
to construct or operate the same with full cognizance of their
design; or to forecast their behavior under specific operating
conditions; all as respects an intended function, economics
of operation and safety to life and property
8. • Planning
• Organizing
• Staffing
• Directing/ Leading
• Controlling
• Making things happen
• Meeting the Competition
• Organizing People,
Projects, and Processes
9. Planning is determining the objectives and formulating the methods to
achieve them.
Sample questions
• What is the context of my business/ organization?
• Who are my customers/ users/ beneficiaries?
• What does my organization offer?
• What is the vision, mission, and goals of my organization?
• How will the organization achieve its objectives?
• How will the organization measure its performance?
10. A Mission Statement defines the
company's business, its
objectives and its approach to
reach those objectives.
• What do we do?
• Whom do we serve?
• How do we serve them?
A Vision Statement describes the desired
future position of the company.
• What are our hopes and dreams?
• What problems are we solving for the
greater good?
• Who and what are we inspiring to change?
11. Mission: To accelerate the world’s transition to
sustainable energy.
Vision: To create the most compelling car company
of the 21st century by driving the world’s transition to
electric vehicles.
12. Mission: We strive to offer our customers the lowest
possible prices, the best available selection, and the
utmost convenience.
Vision: To be Earth’s most customer-centric
company, where customers can find and discover
anything they might want to buy online.
13. Mission: To give people the power to build
community and bring the world closer together.
Vision: People use Facebook to stay connected with
friends and family, to discover what’s going on in the
world, and to share and express what matters to
them.
14. Organizing is the process of bringing together physical, financial and
human resources and developing productive relationship amongst them
for achievement of organizational goal.
15. It is the function of manning the organization structure and
keeping it manned.
16. It is that part of managerial function which actuates the
organizational methods to work efficiently for achievement
of organizational purposes.
17. It implies measurement of accomplishment against the standard and
correction of deviation if any to ensure achievement of organizational
goals.
18. A balanced scorecard is a performance metric used to identify,
improve, and control a business's various functions and resulting
outcomes.
19. Key Performance Indicators (KPIs) are the critical (key) indicators of progress toward an
intended result. KPIs provides a focus for strategic and operational improvement, create an
analytical basis for decision making and help focus attention on what matters most.
20. Key Performance Indicators (KPIs) are the critical (key) indicators of progress toward an
intended result. KPIs provides a focus for strategic and operational improvement, create an
analytical basis for decision making and help focus attention on what matters most.
21. Engineering management refers to the activity combining “technical
knowledge with the ability to organize and coordinate worker power,
materials, machinery, and money”.
22. ORGANIZATIONAL ASPECT ENGINEERS MANAGERS
LEVEL OF DETAIL Focus on the job at hand Focus on collaboration
PLANNING HORIZON Daring and focused Budget, resources, and time
COMMUNICATING / DECISION MAKING Knowledge and skills Constraints
TASKS ASSIGNMENT Individual
Planning, organizing, staffing,
directing, controlling
NATURE OF OUTPUT Quantitative Qualitative
SKILLS NEEDED Technical skills Conceptual and Human skills
23.
24. Guidelines:
• Find a pair from your classmates and imagine
your own organization/ company.
• Complete the worksheet in this link:
https://bit.ly/MGT-M1-Worksheet
• Upload your worksheet here:
https://forms.gle/rFkJnusWx19uaYY5A