Management thinkers

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Management thinkers

  1. 1. MANAGEMENT THINKERS<br />
  2. 2. Peter F. DruckerVienna (1909-2005)<br />Contributions – <br />Nature and role of Management<br />Manager’s job<br />Business objectives and social responsibilities<br />Entrepreneurial Functions<br />MBO and Self Control<br />Federal Decentralisation<br />Organisation Structure<br />Decision Making – 2 Types – a) Tactical<br /> b) Strategic<br />Management Development<br />Futurity<br /> KRA’s<br />
  3. 3. DecisionMaking<br />5 Phases of Decision Making-<br />Defining Problem<br />Analysing the problem<br />Developing alternative solutions<br />Deciding upon the best solution<br />Converting the decision into effective action<br />4 Criterias for Best Solution-<br />Risk<br />Economy of effort<br />Training<br />Limitations of Resources<br />
  4. 4. Michael E. Porter<br />Five Force Analysis<br />GenericCompetitiveStrategies<br />Value Chain Analysis<br />
  5. 5. Michael E. Porter<br />
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