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Modern Management Techniques
12/16/2016
Plan of Presentation
 Introduction to
 Management
 Management techniques
 Characteristics of management techniques
 C...
Introduction
• What is Management?
– To co-ordinate the efforts of people
• to accomplish goals
• objectives
• using avail...
Forecasting
Planning
Organizing
Commanding
Co-ordinating
Controlling
12/16/2016
Management Techniques
Definition :
Systematic and analytical methods used to
assist in decision-making, the improvement
of...
Characteristics of management
techniques:
• Systematic :
– Consist of specified and often sequential methods
of tackling a...
• Analytical
– Techniques have been developed by considering what and
possibly quantitative methods are required to deal w...
• Quantitative
– Management techniques measure in numerical or financial
terms what is happening and quantify forecasts of...
• Applications of management techniques.
– General management
– Marketing management
– Operations management
– Financial m...
• Traditional methods of management are primarily
based on behavioural sciences.
– Personnel selection
– Training and retr...
• The conventional methods of management are no
longer adequate to meet the demand of today’s
projects
• With larger and c...
Thank you
12/16/2016
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Modern management techniques

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Management techniques are not short-term devise used to motivate employees, but rather valid methods of managing that help to develop a productive working.

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Modern management techniques

  1. 1. Modern Management Techniques 12/16/2016
  2. 2. Plan of Presentation  Introduction to  Management  Management techniques  Characteristics of management techniques  Classification of management techniques  Network Analysis  PERT  CPM  Management by Objectives  Total Quality Management  Summary  Conclusion 12/16/2016
  3. 3. Introduction • What is Management? – To co-ordinate the efforts of people • to accomplish goals • objectives • using available resources • efficiently and effectively • Transforming resources to utility. 12/16/2016
  4. 4. Forecasting Planning Organizing Commanding Co-ordinating Controlling 12/16/2016
  5. 5. Management Techniques Definition : Systematic and analytical methods used to assist in decision-making, the improvement of efficiency and effectiveness and in particular, the conduct of the two key managerial activities of planning and control 12/16/2016
  6. 6. Characteristics of management techniques: • Systematic : – Consist of specified and often sequential methods of tackling a problem, providing information for decision making or improving operational efficiency. – Ensure that each step is carried out in prescribed manner. 12/16/2016
  7. 7. • Analytical – Techniques have been developed by considering what and possibly quantitative methods are required to deal with every aspect of a situation and achieve an end result. – They subject complex situations to close and systematic examination and resolve them into their key elements. 12/16/2016
  8. 8. • Quantitative – Management techniques measure in numerical or financial terms what is happening and quantify forecasts of future trends. – Management techniques place monetary values on performance reports, forecasts, plans. 12/16/2016
  9. 9. • Applications of management techniques. – General management – Marketing management – Operations management – Financial management – Human resource management – Information technology – Management science – Planning and resource allocation – Efficiency and effectiveness 12/16/2016
  10. 10. • Traditional methods of management are primarily based on behavioural sciences. – Personnel selection – Training and retraining – Motivational methods – Development of communication channels and skills – Supervision – Leadership development – Team building and conflict resolution 12/16/2016
  11. 11. • The conventional methods of management are no longer adequate to meet the demand of today’s projects • With larger and complicated organisations with their own unique organisational and structural issues a need has been felt for better, more effective and innovative managerial methods 12/16/2016
  12. 12. Thank you 12/16/2016

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