3. DEFINATION OF MANAGEMENT
Management is the process of achieving goals and objectives effectively and efficiently
through and with the people.
Management is a process of designing and maintaining an environment in which
individuals work together in groups to effectively and efficiently accomplish selected aims.
Management is the process of achieving organizational goals and objectives effectively
and efficiently by using management functions i.e.
– Planning
– Organizing
– Staffing
– Controlling
4. Function of management
PlannINg :
> it focus on the future course of action
> DEVELOING PLANS FOR ORGANIZATIONAL WORK ACTIVITY
> developing plans for organizational work activities
> establishing an overall stertegy for achieving those goals
Organizing :
> IT INVOLVES EXECUTION OF ACTIVITY, ALLOCATION OF RESOURCES, AND PROCESSING
sINFORMATION
> IT DEVELOP THE PRODUCTIVE RELATIONSHIP AMONG HUMAN BEINGS
> IDENTIFICATION OF ACTIVITIES
> CLASSIFICATION OF GROUPING OF ACTIVITIES
5. STAFFING :
>THE MAIN PURPOSE OF STAFFING ISTO PUT RIGHT MAN JOB
>TRAININGAND DEVELOPMENT
> PROMOTIONANDTRANSFER
> PERFORMANCEAPPRAISAL
DIRECTING :
> supervison : it is the act of watching &directing work and worker
> motivation: means inspiring , stimulating, or encouraging the sub-
ordinates with zeal to work
> leadership: guides and influences the work of sub-ordinates in desired
direction
> communication: processing of passing information ,experiences, opinion
etc..
6. Controlling :
> it controls and co-ordinates the entireteam of all
managerial function
> it involves of evaluation of operating result as compared
to the established standards
> it required in the areas of sales,cost,profit,output,quality
etc…
> stablishment of standard performance
7. Role of managerial
Interpersonal roles
• Figurehead role
• Leader role
• Liaison role
Informational role
• Monitor role
• Disseminator role
• Spokesperson role
Decisional role
• Entrepreneurship role
• Disturbance handler role
• Resource allocator role
• Negotiator role
8. Interpersonal role
Managers assume interpersonal role in order to co- ordinate and interact
with provide direction and supervision to employees . Interpersonal
role are characterized by three activities.
Figure heard role :
Perform social and legal duties ,act as symbolic leader.
Leader role :
Direct and motivate subordinates , select and train
employees.
Liaison role :
Establish and maintain contacts within and outside the
organization.
9. Information role
Informational roles are closely related with task necessary obtain and
transmit information .The role of the manager is to develop a network of
contacts and relation within and outsider the organization .These are
characterizes be three activities.
Monitor role :
seek and acquire work related information.
Disseminator role :
communicate or disseminate information.
Spokes person role :
communicate to outsiders.
10. Decisional roles
Decision –making is the vital function of every manager . Decisional roles are
closely associated with the methods . Manager use to plan strategy and
utilize resources . Decisional roles are characterized by four activities.
Entrepreneur role :
Identify new ideas and initiate improvement project.
Disturbance handler role :
Deals with disputes or problem and task corrective action.
Resource allocator role :
Decide where to apply resource.
Negotiator :
Defends business interests.
11. Principles of management
Principles are fundamental truths .They are generally accepted as guidelines and have universal application.
Principles of management are as follow.
1. Management of objective
The objective of management should be clearly indentify , defined and understood.
2 Division of work
It is an assembly of groups and teams. Work are divided among the groups.When there is specialization
and division of work each member exercise his own skill. It is very necessary to achieve a goal.
3 Substitution of resources
The resource that are normally used to provide service became scare or too expensive ,different
resource or different balance of resources may be used to produce intended result.
12. 4 Unity of function
A small or big firm both are composed of various function
which are interrelated .They have work together to achieve goal.
5 Management by exception
manger should overload themselves with routine and types of
work.
14. Top managers
* Top management is also known as executive management.
* Top level manager are responsible for controlling and overseeing the entries
organization.
* They develop goals, strategies plans, company policies and making decision
on the direction of the business.
Middle managers
* Middle managers are responsible for executing organizational plans.
* These managers act at an intermediary between top management and
lower management.
* they devote more time to organization and directional functional.
15. First line manager(low level managers)
* The first line management is also known as operating
management ,front line management or supervisory-level
management.
* It is largely responsible for carrying out day to day activities
within various units or work groups to ensure that the short
term goals are met.
* it consist of supervisory ,foreman, section office , etc…