Intro to Management

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Intro to Management

  1. 1. BUSINESS <ul><li>Literary means the state of being busy </li></ul><ul><li>All those activities which are related to the production and distribution of the goods and services with the objective of earning profit </li></ul>
  2. 2. ORGANIZATION A systematic arrangement of people to accomplish some specific purpose
  3. 3. CHARACTERISTICS OF ORGANIZATION <ul><li>Distinct purpose(Goals) </li></ul><ul><li>People </li></ul><ul><li>Systematic structure defining limits and behavior of its members </li></ul>Distinct Purpose People Systematic structure
  4. 4. ORGANIZATIONAL LEVELS <ul><li>Operatives: People who work directly on a job or task and have no responsibility for overseeing work of others </li></ul><ul><li>Managers:Individuals in an organization who direct the activities of others </li></ul><ul><li>First line managers:Supervisors,the lowest level of management </li></ul>
  5. 5. ORGANIZATIONAL LEVELS <ul><li>Middle managers:All levels of management between supervisory and top managers </li></ul><ul><li>Top managers:Managers who are responsible for making decisions and setting the policies that affect all aspects of organization </li></ul>
  6. 6. ORGANIZATIONAL LEVELS TOP MANAGERS Middle Managers First Line managers Operatives
  7. 7. MANAGEMENT <ul><li>The process of getting activities completed efficiently and effectively with and through people </li></ul><ul><li>OR </li></ul><ul><li>Getting the work done by people in effective and efficient manner </li></ul>
  8. 8. Efficiency <ul><li>Relationship between inputs and outputs </li></ul><ul><li>Inputs are: money,material,people etc </li></ul><ul><li>Efficient use of resources </li></ul><ul><li>Minimizing resource cost </li></ul><ul><li>Less inputs more out= more efficient </li></ul><ul><li>Low wastage </li></ul>
  9. 9. Effectiveness <ul><li>Getting activities completed </li></ul><ul><li>Goal attainment </li></ul><ul><li>It is concerned with the ends </li></ul>
  10. 10. Management Functions <ul><li>Planning:Includes defining goals,establishing strategies and developing sub-plans to coordinate activities </li></ul><ul><li>Organizing:Determining what tasks are to be done,who is to do them,how it will be done </li></ul>
  11. 11. Management Functions <ul><li>Leading:Includes motivating subordinates,directing others and resolving conflicts </li></ul><ul><li>Controlling: Monitoring activities to ensure that they are accomplished as planned and taking corrective actions </li></ul>
  12. 12. Management Functions Lead to Planning Organizing Leading controlling Achieving Organization’s Stated purpose

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