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INTRODUCTION TO MANAGEMENT
www.learnito.com M&OB 1
Learnito Study Series for Business Students
Notes, Presentations, MCQs and more available at
www.learnito.com/catalog
MANAGEMENT AND
ORGANIZATIONAL BEHAVIOUR
Meaning & Definition of Management
• Management is group of person working
towards a goal in systematic way.
• Management means a process of series of
activities towards an objective.
• Management is an art of knowing what is to
be done and how to get things done by
others.
www.learnito.com M&OB 2
Management & Organisation Behavior
Nature of the Management
– Universality
– Purposeful
– Social process
– Coordinating force
– Intangible
– Continuous process
– Composite process
www.learnito.com M&OB 3
Management & Organisation Behavior
Functions of Management
– Planning
– Organizing
– Staffing
– Leading / directing
– Controlling
– Coordination
Levels of Management
– Top level / Administrative level
– Middle level / Executive
– Low level / Supervisory / Operative / First-line managers
www.learnito.com M&OB 4
Management & Organisation Behavior
Roles of Managers
– Interpersonal roles: Figurehead, leader, liaison
– Informational roles: Monitor, disseminator, spokesperson
– Decisional roles: Entrepreneur, disturbance handler, resource
allocator, negotiator
Skills of Managers
– Technical skills: The ability to apply specialized knowledge or
expertise.
– Human skills: The ability to work with, understand, and motivate
other people, both individually and in groups.
– Conceptual skills: The mental ability to analyze and diagnose complex
situations
www.learnito.com M&OB 5
Evolution of Management Thought
www.learnito.com M&OB 6
Different Approaches
• SCIENTIFIC
• ADMINISTRATIVE
• BUREAUCRATIC
CLASSICAL
• GROUP INFLUENCES
• MASLOW’S NEED THEORY
• THEORY X AND THEORY Y
• HAWTHORNE STUDIES
BEHAVIOURAL
• SYSTEM
• CONTINGENCY
• THEORY Z AND QUALITY MANAGEMENT
MODERN
www.learnito.com M&OB 7
Focuses on the
individual worker’s
productivity
Focuses on the
functions of
management
Focuses on the
overall
organizational
system
Classical Approach
www.learnito.com M&OB 8
Merge Components Into Contingency
Perspective
www.learnito.com M&OB 9
Management - Art or Science
• Management As Science
– Systematised Body of knowledge
– Based on collection of facts, Analysis and
experiments
– Universal Application
– Cause and effect Relationship
– Verification of validity and Prediction of results
possible
www.learnito.com M&OB 10
Management - Art or Science
• Management as Art
– Personal Skill
– Practical Knowledge
– Concrete Result-Oriented Approach
– Development through Practice
– Creative Power
www.learnito.com M&OB 11
Management as Profession
• Body of Specialized knowledge and technique
• Formalized Methods of Acquiring Training and
experience
• Establishment of representative professional
Association
www.learnito.com M&OB 12
Fayol’s Principles of Management
A principle refers to a fundamental truth. It establishes cause
and effect relationship between two or more variables
under given situation. They serve as a guide to thought &
actions.
Principles are derived from:
– On the basis of observation and analysis
– By conducting experimental studies
www.learnito.com M&OB 13
14 - Fayol’s Principles of Management
1. Division of Labor
2. Party of Authority & Responsibility
3. Principle of One Boss
4. Unity of Direction
5. Equity
6. Order
7. Discipline
www.learnito.com M&OB 14
14 - Fayol’s Principles of Management
8. Initiative
9. Fair Remuneration
10. Stability of Tenure
11. Scalar Chain
12. Sub-Ordination of Individual Interest to General Interest
13. Espirit De’ Corps
14. Centralization & De-Centralization
www.learnito.com M&OB 15
www.learnito.com M&OB 16
Learnito Study Series for Business Students
Notes, Presentations, MCQs and more available at
www.learnito.com/catalog

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M&OB - Introduction to Management

  • 1. INTRODUCTION TO MANAGEMENT www.learnito.com M&OB 1 Learnito Study Series for Business Students Notes, Presentations, MCQs and more available at www.learnito.com/catalog MANAGEMENT AND ORGANIZATIONAL BEHAVIOUR
  • 2. Meaning & Definition of Management • Management is group of person working towards a goal in systematic way. • Management means a process of series of activities towards an objective. • Management is an art of knowing what is to be done and how to get things done by others. www.learnito.com M&OB 2
  • 3. Management & Organisation Behavior Nature of the Management – Universality – Purposeful – Social process – Coordinating force – Intangible – Continuous process – Composite process www.learnito.com M&OB 3
  • 4. Management & Organisation Behavior Functions of Management – Planning – Organizing – Staffing – Leading / directing – Controlling – Coordination Levels of Management – Top level / Administrative level – Middle level / Executive – Low level / Supervisory / Operative / First-line managers www.learnito.com M&OB 4
  • 5. Management & Organisation Behavior Roles of Managers – Interpersonal roles: Figurehead, leader, liaison – Informational roles: Monitor, disseminator, spokesperson – Decisional roles: Entrepreneur, disturbance handler, resource allocator, negotiator Skills of Managers – Technical skills: The ability to apply specialized knowledge or expertise. – Human skills: The ability to work with, understand, and motivate other people, both individually and in groups. – Conceptual skills: The mental ability to analyze and diagnose complex situations www.learnito.com M&OB 5
  • 6. Evolution of Management Thought www.learnito.com M&OB 6
  • 7. Different Approaches • SCIENTIFIC • ADMINISTRATIVE • BUREAUCRATIC CLASSICAL • GROUP INFLUENCES • MASLOW’S NEED THEORY • THEORY X AND THEORY Y • HAWTHORNE STUDIES BEHAVIOURAL • SYSTEM • CONTINGENCY • THEORY Z AND QUALITY MANAGEMENT MODERN www.learnito.com M&OB 7
  • 8. Focuses on the individual worker’s productivity Focuses on the functions of management Focuses on the overall organizational system Classical Approach www.learnito.com M&OB 8
  • 9. Merge Components Into Contingency Perspective www.learnito.com M&OB 9
  • 10. Management - Art or Science • Management As Science – Systematised Body of knowledge – Based on collection of facts, Analysis and experiments – Universal Application – Cause and effect Relationship – Verification of validity and Prediction of results possible www.learnito.com M&OB 10
  • 11. Management - Art or Science • Management as Art – Personal Skill – Practical Knowledge – Concrete Result-Oriented Approach – Development through Practice – Creative Power www.learnito.com M&OB 11
  • 12. Management as Profession • Body of Specialized knowledge and technique • Formalized Methods of Acquiring Training and experience • Establishment of representative professional Association www.learnito.com M&OB 12
  • 13. Fayol’s Principles of Management A principle refers to a fundamental truth. It establishes cause and effect relationship between two or more variables under given situation. They serve as a guide to thought & actions. Principles are derived from: – On the basis of observation and analysis – By conducting experimental studies www.learnito.com M&OB 13
  • 14. 14 - Fayol’s Principles of Management 1. Division of Labor 2. Party of Authority & Responsibility 3. Principle of One Boss 4. Unity of Direction 5. Equity 6. Order 7. Discipline www.learnito.com M&OB 14
  • 15. 14 - Fayol’s Principles of Management 8. Initiative 9. Fair Remuneration 10. Stability of Tenure 11. Scalar Chain 12. Sub-Ordination of Individual Interest to General Interest 13. Espirit De’ Corps 14. Centralization & De-Centralization www.learnito.com M&OB 15
  • 16. www.learnito.com M&OB 16 Learnito Study Series for Business Students Notes, Presentations, MCQs and more available at www.learnito.com/catalog