Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
IIM CA1_Shoubhik_Chatterjee_21273030158.pptx
1. CA-1
Introduction to Industrial Management
(HSMC-501)
Name- Shoubhik Chatterjee
Branch- B. Tech CSE (3rd
Year) Semester-5th
College Id- 21273030158
University Roll- 27300121083
2. 1. What do you mean by Management? Give
diagram and examples.
There are many ways to construe what management is. Some of
which are following-
Management is a problem-solving process of effectively achieving organizational
objectives through the efficient use of scarce resources in a changing environment.
Management is an art of knowing what to do when to do and see that it is done in the
best and cheapest way .
3. Management is a set of activities directed at the efficient and effective
utilization of resources in the pursuit of one or more goals.
working with human, financial and physical resources to achieve
organizational objectives by performing the planning, organizing,
leading.
4. Few examples of Management-
Customer Feedback & Satisfaction
Continuous Improvement
Define Business Processes
Management Responsibility
Customer Focus
Resource Management
Service provision
Monitor & Measure
5. 2.What are the different Functions of
Management ? Give diagrams as well as
examples
Functions of Management-
Planning and Decision Making - Planning is decision-
making regarding the goals and setting the future course of
action from a set of alternatives to reach them. Planning
involves selecting missions and objectives and the actions to
achieve them. It requires decision-making or choosing future
courses of action from among alternatives.
6. Organizing – Coordinating Activities and Resources -
Organizing involves determining how activities and resources
are to be assembled and coordinated. Organizing produces a
structure of relationships in an organization, and it is through
these structured relationships, plans are pursued. Organizing is
part of managing, which involves establishing an intentional
structure of roles for people to fill in the organization.
Leading – Managing, Motivating, and Directing
People- The third basic managerial function is leading.
It is the skills of influencing people for a particular
purpose or reason. Leading is considered to be the most
important and challenging of all managerial activities.
7. Controlling – Monitoring and Evaluating Activities –
Controlling is measuring, comparing, finding deviation,
and correcting the organizational activities performed to
achieve the goals or objectives. Thus, controlling consists
of activities like; measuring the performance, comparing
with the existing standard and finding the deviations, and
correcting the deviations. Monitoring the organizational
progress toward goal fulfillment is called controlling.
Thus, monitoring progress is essential to ensure the
achievement of organizational goals.
8.
9. Functions of management are a logical foundation on which
you may rely in your professional life. Now that we’ve gone
over each function in depth, let’s look at how they’re used in
practice. The following are some examples of management
functions:
Assume you work as an operations manager for a company
that manufactures office furniture. Your responsibilities will
include
defining manufacturing, packing, and delivery methods. You’ll
need to keep an eye on the assembly line’s progress. This is to
ensure that everything is up to code and that performance is not
jeopardized at any moment.
10. As a manager, you must set clear production targets, hire the right
people for your team, and track progress to avoid mistakes. Through
achieve quality standards, you must collaborate with your team from
the planning to the controlling stages.
Assume you’re a sales manager tasked with selling a new product. Your
responsibilities now include forming a new sales team for this project.
This is where you assess talents and varied capabilities in order to
appoint the right people. Someone proficient in mathematics, for
example, may assist you in visualizing sales projections and developing
budgets. Meanwhile, someone with good design skills can contribute to
the product packaging and ad campaigns.